A 1944 Wheat Penny's value is determined by a number of factors, including metal composition, rarity, mintage, and condition. Coins in "Mint condition" or uncirculated are worth more than those that have been worn. The price may also be impacted by mint marks like "D" for Denver or "S" for San Francisco. The 1944 steel penny is one of the rarer and more sought-after varieties. They frequently fetch thousands of dollars when sold. The actual value of a penny can be ascertained with the use of proper certification and grading.