Has this cent been dipped or stripped?

Discussion in 'Coin Chat' started by PittsburghMom, May 3, 2013.

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Has this cent been dipped or stripped?

Poll closed May 6, 2013.
  1. Dipped

    1 vote(s)
    100.0%
  2. Stripped

    0 vote(s)
    0.0%
  3. Possibly authentic

    0 vote(s)
    0.0%
  1. PittsburghMom

    PittsburghMom Active Member

    Does this magnetic cent look to have been dipped or stripped?
    Magnetic Cent.jpg magnetic cent 5.jpg These pics taken while it was laying flat.

    magnetic cent 2.jpg magnetic cent 3.jpg These two pics taken with a magnet causing the side to lift up. Tried to get the area where scratches are.

    One more with a magnet holding the side where some kind of corrosion is: magnetic cent 4.jpg
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    There's certainly something that's happened to it, maybe several somethings. Based on that 1 pic it appears to be scratched and polished. And you say it's magnetic ? A '43 I assume ?

    I'll wait for more pics.
     
  4. PittsburghMom

    PittsburghMom Active Member

    It's magnetic on both sides and weighs less than 3 grams. Not a '43 which is why I am obviously extremely skeptical. Width/diameter are correct plus it's magnetic, so it's not a dime planchet. Assuming dipped at this point, but not sure how to tell. Going to pick up a better scale this evening b/c the one I'm using now cost me $2 from China. I want to reweigh it on a new scale. It has scratches on both sides and some wear. Is there an obvious way to tell a dipped coin?
     
  5. PittsburghMom

    PittsburghMom Active Member

    More pics posted. This scale shows 3.13 -3.15 grams, so it must be plated. Any idea how they got it to be so magnetic?

    Btw..It's a 1950 P cent.
     
  6. coingeek12

    coingeek12 Well-Known Member

    dipped in steel.
    however someone else may come along and say that I'm wrong.
     
  7. kookoox10

    kookoox10 ANA #3168546

    It's called reprocessed, it's been plated. Pretty common to find in the scrappy 1943's that have seen better days.
     
  8. brg5658

    brg5658 Well-Known Member

    He explicitly said it's not a '43.
     
  9. PittsburghMom

    PittsburghMom Active Member

    Sorry..just updated with the year (1950 P). Just didn't want to disclose that info initially in case it would influence the poll/responses.
     
  10. kookoox10

    kookoox10 ANA #3168546

    Whoa okay, my bad. And I think he is actually a "she" on this one ;)
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    A 1950 cent that is magnetic ? A few possibilities I can think of. 1 - it's an out and out fake, a counterfeit. 2 - it's a genuine mint error, somehow struck on a '43 planchet that got stuck in a hopper or something. 3 - it's plated, possible, but given the weight you report and the apparent color of the pics you posted (assuming that color is accurate) I think it unlikely it's plated. 4 - a genuine mint error struck on a foreign planchet. 5 - it's an altered coin. That what you call corrosion on the edge could be where the coin was drilled out and filled with a magnetic material in an effort to fool some collector. (essentially another version of it being a counterfeit)
     
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