3 Potential Errors on Your 1944 Penny
1. The “Holy Grail” Error: 1944 Steel Cent (Value: Up to $1M)
Why Valuable? Struck on leftover 1943 steel planchets during WWII
Key Tests:
- Magnetic (sticks to a magnet)
- Silver-gray color (not copper)
- Weight: 2.7g (not 3.11g)
Rarity: Only 30-40 known across all mints
2. Lamination Error (Value: $50-$500)
Appearance: Flaky or peeling surface (like the circled area)
Cause: Impurities in the copper alloy
Grading Boost: Adds 20-50% premium in mint state
3. Die Break/Cud (Value: $100-$1,000)
Look For: Raised “blobs” on Lincoln’s cheek/jaw
Collector Demand: Dramatic errors sell for 10x guide
2024 Value Breakdown
| Error Type | Circulated Value | Mint State Value |
|---|---|---|
| 1944 Steel Cent | $75,000+ | $300K-$1M+ |
| Lamination Error | $50-$200 | $300-$500 |
| Die Break/Cud | $100-$400 | $500-$5,000 |
Key Insight: Minor errors double in value when certified by PCGS/NGC.
Authentication Guide
For Steel Cents:
- Magnet Test (Must stick)
- Weigh Precisely (2.7g)
- Submit to PCGS ($150 grading fee = worth it)
For Lamination/Die Breaks:
Microscope Check: Natural metal flow (no tool marks)
Match to Known Varieties (e.g., “Cheek Cud” errors)
Red Flags:
Painted or plated coins (fake “steel” look)
Wrong mint mark style for 1944
