I have my grandfathers old collection of coins. I found an extremely shiny silver 1944 d penny but does not stick to magnet.(LOOKS LIKE SILVER) it feels definitely lighter than the copper coins and has no signs of copper coming through. When he was collecting most likely in 50'2 or 60's how likely is it that he saved a fake??

Heres'a an article you might find interesting:

1943 steel cent - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/1943_steel_cent)

Apparently in 1944 the pennies were made from an alloy of brass - not steel. Only the 1943 pennies were made from steel with zinc plating (hence were very shiny, until they rusted through).

>Question moved from Other Money & Services.<

ShallyCris2109-=I have a 1944D penny that looks like steel, but a magnet does not stick to it;;
ANSWERS}= #1= There was only a few minted at the mints in 1943#2=the government and treasury worked very hard to mint coins, out of {ZINK COATED STEEL} There were no bronz cents officiallyissued in 1943 a few 1944 specimens were struck on bronzeplacets:: NOTE= THE value of your penny will depend on the condirtion and grade of it ;; #4- in 1944 through 1958 the mints struck {VARIETY-1= BRONZE:: NOTE CHECK THE DATE AND MINT MARK {MINT MARK IS RIGHT BELOW THE DATE ON THE FACE SIDE :: IN 1944D pennys some were struck witgh a {D
OVER THE MINT MARK OF THE {S }::MAY NEED A MAG> GLASS<TO SEE IT :: WAITING YOUR REPLY ;;have a great day and GOD BLESS::F.B.E>