The 1944-D Lincoln Steel Cent is a rare and intriguing coin that captivates both novice and experienced collectors. Struck on a zinc-plated steel planchet, this coin stands out due to its historical and collectible value. If you’re interested in learning more about this unique coin, read on to explore its history, market data, notable specimens, design features, and specifications.
History and Discovery
The 1944-D Lincoln Steel Cent is famous for its unusual error. While most Lincoln Cents from 1944 were struck on copper planchets, a small number were mistakenly struck on zinc-plated steel planchets—an error leftover from the previous year, 1943, when steel planchets were used. These errors were discovered shortly after they were released into circulation.
The first known example was found in 1945 by collector Richard Fenton. This coin was struck at the Philadelphia Mint. Over time, it was determined that there were around 25 to 30 such coins. A second example was discovered in California in 1966 by collector Robert Collins. Despite their rarity, these coins were not always valued highly, but they are now recognized as significant errors in coin collecting.
Market Data and Noteworthy Specimens
Top Examples and Auction Results
- PCGS MS63 #26578316
- Auction Results: Heritage Auctions, January 10, 2013 – $82,250; August 9, 2013 – $79,312.50
- Features: Die crack at Lincoln’s hairline, planchet void below “T” of CENT
- PCGS MS62 CAC #18523807
- Auction Results: Heritage Auctions, August 9, 2007 – $115,000; January 7, 2016 – $54,050
- Features: Spot on the reverse below “F” and “A”
- NGC MS62 #1578007-001
- Auction Results: Heritage Auctions, January 10, 2008 – $92,000
- Features: Diagonal scratch across the obverse
- NGC AU55 #1582235-001
- Auction Results: Heritage Auctions, June 3, 2010 – $60,375
- Features: Scattered spots and small planchet void
- ANACS AU55 #XA7378
- Auction Results: Heritage Auctions, May 31, 2007 – $69,000
- Features: Dark planchet with sand-colored areas
- PCGS AU53 #90056882
- Auction Results: Heritage Auctions, January 7, 2010 – $32,200
- Features: Scattered dark spots on the reverse
Design Details
The 1944-D Lincoln Steel Cent features Abraham Lincoln’s portrait on the obverse. The motto “IN GOD WE TRUST” appears above Lincoln’s head, while “LIBERTY” is to his left and the date is to his right. The reverse of the coin displays “ONE CENT” at the top center, with “UNITED STATES OF AMERICA” below. The design also features “E PLURIBUS UNUM” and stylized wheat ears on either side.
The edge of the coin is plain, and the coin was designed by Victor David Brenner.
Coin Specifications
- Country: United States of America
- Year of Issue: 1944
- Denomination: One Cent (USD)
- Mintmark: D (Denver)
- Mintage: 7-10 known examples
- Alloy: Zinc-coated Steel
- Weight: 2.7 g
- Diameter: 19.0 mm
- Edge: Plain
- OBV Designer: Victor David Brenner
- REV Designer: Victor David Brenner
- Quality: Business Strike
Conclusion
The 1944-D Lincoln Steel Cent is a remarkable piece of numismatic history. Its error status and rarity make it a prized possession among collectors. With only a few known examples, its value has increased significantly over time, and it remains a highlight in the world of coin collecting. Whether you’re a seasoned collector or just starting out, understanding the history and details of this unique coin can enhance your appreciation and knowledge of numismatic treasures.
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FAQ’s
What makes the 1944-D Lincoln Steel Cent special?
The 1944-D Lincoln Steel Cent is unique because it was struck on a zinc-coated steel planchet by mistake. Most 1944 Lincoln Cents were made from copper, making these steel examples rare and valuable.
How many 1944-D Lincoln Steel Cents are known to exist?
There are approximately 7 to 10 known examples of the 1944-D Lincoln Steel Cent, making it a highly sought-after coin among collectors.
What is the value of a 1944-D Lincoln Steel Cent?
The value of a 1944-D Lincoln Steel Cent can vary greatly depending on its condition and rarity. Top examples have sold for over $100,000 at auction, while others may be worth less.
