Coin collector and coin trading websites, such as CoinValues.com, provide information on the estimated value of 1944 copper wheat pennies. As of 2015, a penny in poor condition is worth about 10 to 15 cents, while a 1944 copper penny in perfect condition is worth about $6.
CoinValues.com lists recent sales of 1944 copper pennies. Uncirculated coins have sold for $3.50 to $9, and entire rolls of uncirculated 1944 pennies sold for $62 to $64. Different striking marks and certain colors of 1944 copper pennies are able to fetch more than the average price. Due to the large quantity of copper pennies that were minted in 1944, the value remains relatively low.
1944 is a significant year for pennies, because it marks the return to the use of copper for minting. In 1943, the United States Mint struck pennies in steel to save the copper for wartime use during World War II. From 1909 to 1942, pennies were made of 95 percent copper and 5 percent tin and zinc. From 1944 to 1946, the mint used recycled ammunition shells which did not contain any tin, so the pennies have a composition of 95 percent copper and 5 percent zinc. The difference in composition is only noticeable on uncirculated pennies that have slight color variations.