Should a 1944 wheat penny be considered an investment?
Should a 1944 wheat penny be considered an investment?
In the view of most collectors, popular wheat pennies of 1944 are historical value collectibles as opposed to investments that will yield high returns. They increase in value gradually with time unless they are in super condition or, they are some rare variety of error coin. The 1944 wheat penny, made of steel may be a strong investment because it is rare and there is always demand. Just like any other collectibles, future value is contingent on the condition, authenticity, and demand of the market, thus professional grading and a well-maintained storage are needed.
