1944 steel penny

[pristinelove89]

My coworker and I were talking about coins and she mentioned she had a 44 steel penny. I looked up the value and was shocked to see that huge number. She wants to sell, but doesn't know where or who to go. I told her I would ask the experts. Please help!

 

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[SCDigginWithAK]

You should've bought it! But it may be a plated penny. Keep that in mind.

 

[ivan salis]

there were a fair bit of error strike 1944 "steel" cents -- they are somewhat rare and do fetch a good collecters price -- by 1944 they were supposed to have switched back to "copper cents" but some 1944 cents were stuck in "zinc plated steel" by mistake -- the big money error coin however was the 1943 "copper cents" these are extremely rare and a worth a huge amount of cash all cents in 1943 were supposed to be "zinc plated steel" --check the 1944 cent with a magnet to be sure its steel based and not just a plated 1944 copper cent (fake)

 

[pristinelove89]

Thanks, I will tell her about the magnet trick tomorrow. If its the real deal, then what should she do? I don't think she'd sell it to me because she knew it was semi rare.

 

[50cent]

Offer her $50, if its the real deal, its worth over $80K (if its a 44 NOT, DEFINITIVELY NOT a 43)

 

[laurenB]

If it were real I would take it too a well known auction house that deals in coins.

 

[pristinelove89]

Yeah, she was telling me if she could sell it for that much, she would be able to retire. She was born the year that cent was made. I figured I might be able to try to help her out because she's not as computer savvy as I am. I'm only 23 and I don't want to see her get ripped off by some collector. So the magnet test should be able to authenticate it?

 

[mangangot]

do you know how much One Dollar coins 1898

 

[SCDigginWithAK]

do you know how much One Dollar coins 1898<img src="http://www.treasurenet.com/forums/attachment.php?attachmentid=863434"/><img src="http://www.treasurenet.com/forums/attachment.php?attachmentid=863435"/>

It depends if it is real. It would be better to start your own thread. Welcome to T-Net

 

[huntsman53]

If it sticks to a magnet, it is really nice shape and the date does not appear to have be manipulated in any way, then contact Heritage Auctions or Stack's Bowers Auction Company and send them really good closeup pics of the coin. If they feel that it may be the real deal, they will have her ship it to them for authentication. If it is found to be an authentic 1944 Steel Cent, they will ask if she wants to consign it to them for auction and if so, they will sell it for her. They may advise letting them send the coin to PCGS or NGC for certification and grading before it goes up for auction and she can say yes or no. Once they sell the coin via auction and the buyer pays for the auctioned item, she should get a check in the mail within a week or so. The check will be for the amount that the coin sold for minus the seller's fees owed the Auction Company plus any other costs they incurred concerning the coin before it went up for auction (i.e. any grading service fees and shipping costs if the coin was sent to PCGS or NGC).

Note: Once the Auction Company requests that she send the coin to them via Registered/Insured Mail for authentication, their' Company's insurer should automatically take over and cover the coin in case it is lost or stolen, for the value of a 1944 Steel Cent based on it's condition from the pictures. Just make sure, that she keeps copies of all the pictures, any and all emails with the Auction Company and receipts from the Post Office when it is shipped, including the tracking information.


Good luck and I hope for her, that it is truly a 1944 Steel Cent!


Frank

 

[50cent]

do you know how much One Dollar coins 1898 View attachment 863434 View attachment 863435

helllo friend, the pictures detail are not clear enough. we need better picture. impossible to guess. you see, chinese counterfeit very prevalent, please start your own thread, try again yes?

 

[mangangot]

This is very real my friend found this during their treasure hunting in bukidnon what do you think

 

[jeff of pa]

do you know how much One Dollar coins 1898 View attachment 863434 View attachment 863435

WELCOME to TreasureNet !

Probably not counterfeit, not a rare date

Average Buying price is somewhere between $20 & $25 right now.
it has $17.19 worth of silver in it right now

http://www.coinflation.com/ Scroll down to 1878-1921 Morgan Dollar

Hold on to it

 

[50cent]

This is very real my friend found this during their treasure hunting in bukidnon what do you think

Very rare indeed, if I were you I would go back to the area you found this. During the Spanish-American war, $1 USD was worth alot of money and it would have been very rare for someone to just drop it. What this means, is that there may be other objects buried where you found it. It seems to be in very good condition $25 as jeff has stated. Good luck friend, I hope you are successful in finding more treasure.

 

[jeff of pa]

My coworker and I were talking about coins and she mentioned she had a 44 steel penny. I looked up the value and was shocked to see that huge number. She wants to sell, but doesn't know where or who to go. I told her I would ask the experts. Please help!

pristinelove89, If it were me, First thing I would do is the Magnet test.
If it sticks, I would look close at the date, & make sure the 4 is in nice enough shape
too not have been altered.

then I would contact a Coin dealer (one that isn't new) & have him help you send it to
PCGS or NGC, his recommendation being sure it is insured.

If they confirm it's real, time to Celebrate

 

[enamel7]

I bet it's really a 43, she just has the date wrong.

 

[pristinelove89]

Well, I told her about it today. She said she's going to go test it. Won't see her until next Friday. Hoping its real! *crosses fingers*

 

[enamel7]

do you know how much One Dollar coins 1898<img src="http://www.treasurenet.com/forums/attachment.php?attachmentid=863434"/><img src="http://www.treasurenet.com/forums/attachment.php?attachmentid=863435"/>

It's wrong to hijack someone else's topic. Please start a new one from now on.

 

[50cent]

It's wrong to hijack someone else's topic. Please start a new one from now on.

My friend did not know. He is from the Philippines and has recently learned of how to use the treasure-net.

 

[pristinelove89]

Well, sadly it's not a steel cent. It's copper.