Does this magnetic cent look to have been dipped or stripped? These pics taken while it was laying flat. 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:
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.
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?
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.
It's called reprocessed, it's been plated. Pretty common to find in the scrappy 1943's that have seen better days.
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.
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)