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What's it Worth This is a special section for people to get opinions on what your coin is worth. It's most helpful to post a photo, but also please include a very detailed description.

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Old 01-20-2008, 02:26 AM   #1 (permalink)
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1981 Steel or Magnetic Penny

I am looking for any opinions of my penny. I have a 1981 shiny silver looking penny. It sticks slightly to a magnet which leads me to believe it contains steel. However, it DOES NOT stick as strong as the 1943 steel's.

The penny is very shiny, almost reflective. I have had it for over 20 years and it still remains in excellent condition.

The reverse side and the sides are also the shiny silver look.

Any opinions as to the value or whether or not it is indeed real, would be hepful.

I tried to upload a photo but it wouldn't load. I will try again later.

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Old 01-20-2008, 06:27 AM   #2 (permalink)
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moneypenny:
Welcome to the forum.

Suggestions:
Review how to upload photos.
2) What color is the coin?
3) most likely you should get it slabbed.
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Old 01-20-2008, 11:09 AM   #3 (permalink)
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Nickel is mildly magnetic. Perhaps some kid has nickel plated it in his/her high school science class.
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Old 01-20-2008, 02:10 PM   #4 (permalink)
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Quote:
Originally Posted by hontonai View Post
Nickel is mildly magnetic. Perhaps some kid has nickel plated it in his/her high school science class.
Since you got your real name back you are getting smarter!
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Old 01-20-2008, 06:35 PM   #5 (permalink)
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1981 Magnetic Penny

The coin is very shiny with a silver look. I think it is too shiny to be nickel, it is like a mirror finish. I have seen the nickel plated cents before.

Since it is magnetic I believe maybe it has some steel, but I do not know. I have come up with the following possibilities.

1. Someone's lab experiment.
2. Was on a foreign metal since we were making foreign countries coins. I believe some contained a magnetic metal in 1981.


Also does anyone know what metals were tested for the cent, if any for 1981, before they changed the composition in 1982??

I have attached a picture however the numbers and letters turned out very blurry, tried to take over a dozen photos could not get a good enough picture.
Attached Thumbnails
cimg0442e.jpg  

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Old 01-21-2008, 07:35 AM   #6 (permalink)
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Quote:
Originally Posted by moneypenny View Post
Also does anyone know what metals were tested for the cent, if any for 1981, before they changed the composition in 1982??
I was thinking the same thing, possibly an experimental somebody at the mint pocketed, but I'm not your guy on this one, as I don't know ship(sp? ). Don't think that's out of the running at this stage, though, so hang in there...
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Old 01-21-2008, 04:27 PM   #7 (permalink)
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1981 Magnetic Penny

Thanks for the responses so far. I just got a weight scale so if anyone could tell me what I am looking for when I weigh this penny it would be helpful.

Thanks so much.
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Old 01-21-2008, 07:49 PM   #8 (permalink)
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Wheaties through 1942 - 3.11 g
Steel Wheaties -2.7g
Wheaties 1943-58, Memorials 1959-early 1982 - 3.11g
Memorials late 1982-present - 2.5g
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Old 05-25-2008, 11:57 PM   #9 (permalink)
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I was just looking through and old collection and found a similar penny here is my pics and info:

First is UNK penny, second is 1943 steel penny, third is pocket change.



3.08g for unk penny


1943 Penny 2.67g



Random new penny 2.49g.

Looking over the unk penny I don't see a mint mark on it but I do see that there are scratches and dings with no sign of a second metal below.

Anyone have any info on this?

Thanks,
Eric
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Old 06-01-2008, 05:49 PM   #10 (permalink)
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I have a similar one!

I have a similar one that I got in circulation some time ago.

It is slightly magnetic as well. It kind of sticks to the weak kitchen magnets I have, but not strong like the 1943 pennies. It's very very shiny, which doesn't show up well in this image.



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Old 06-01-2008, 07:08 PM   #11 (permalink)
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vvvverry interesting ,.(smoking a cigarette in a German helmet )
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Old 06-02-2008, 06:14 AM   #12 (permalink)
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looks like some experimentation...
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Old 06-08-2008, 12:59 PM   #13 (permalink)
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For one thing magnetism is not just for Iron materials. Steel is made from Iron and Iron it the magnetic element in Steels. Many Iron compounds are very magnetic and some are not. Example is high grade Surgical Steels are non magnetic and contain about 33% iron. Oddly enough one of the most powerful magnets is made from non Iron elements. For example look up AlNiCo. This is obviously made from Aluminum, Nickel and Cobalt and is many times more powerful magnetically than Steels made from Iron. Even non matals can be made magnetic.
Meanwhile back to your coin. Appears as a science project in magnetics and a possible coating by electrolysis.
I highly doubt it's from the Mint. Sure would be nice to know what it is composed of or plated with though.
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Old 07-16-2008, 11:34 PM   #14 (permalink)
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1981 shiny silver penny, slightly magmetic

I too have a 1981 shiny silver penny that i received recently, i am not a coin collector, but am interested in finding out about this coin.
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Old 07-20-2008, 02:06 AM   #15 (permalink)
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Hi,

It is plated. One only needs to look at the guys selling plated States quarters on TV to see that at various times and for various reasons, people plate coins.

I have coins that I have found in rolls that are zinc plated, mercury plated, chrome plated, and so on.

Technically a damaged coin. Whatever the plating is is causing it to be slightly magnetic.

Thanks,
Bill
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