Can this really be a 1943 silver cent?

Guys and Gals,

Here is an up-date.

I contacted a local dealer that I found on the PCGS website about this coin. He asked for and I sent him the first two images. And this is what his response was:


Hi Ernie. It does appear to be struck on a dime planchet. If so, it would be worth around $300. If you're interested in selling it, let me know we'll go from there.

Regards,



Now I have never sold any of the coins that I have accumulated over the years but I do know a little bit of history and my gut feeling is that even in the condition this coin is in, that it would be valued at more than $300.

I do not belong to PCGS, but in order to have this coin authenticated I guess I’ll need to join. So some time in the future I’ll do that, submit the coin and then report back to everyone.

Any comments?

EGS

 

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I think for PCGS any PCGS dealer can send it for you. For NGC you need to be an ANA member or fin a dealer to send it for you.
Any body that has more or correct info please add to this.

 

As far as I know, you are correct for PCGS. As for NGC, you can join their collectors society (free) or just belong to eBay and you can submit coins as well as use a dealer. That being said, I would recommend using a dealer for this - just that much added insurance that you are submitting it correctly and it is submittable to begin with.

 

Wow. How many hands did that coin pass thru to get to that state of wear? How many times was it spent? As a dime? As a cent? Kool coin. Interesting questions. We'll never know the answers.

 

It could have been a pocket piece.

 

Being as it was a dime planchet, there was less metal to fill the die.
So, there is probably much less wear than you think.

 

Very cool coin, real or fake. Your 4 coin comparison convinced me it may indeed be struck on a silver planchet. A TGP is the only way to go here to authenticate this coin. Keeping it for years was very wise. Make sure you post the results of your inquiry.

Bruce

 

looks like a silver dime planchet for sure. i would do the drop test to see if it has that silver ring thou to make sure

 

If this had been struck on a dime planchet how many of those do you think there are? My head and gut agree with you...

 

I agree that the wear looks a lot like silver, so let us know whe you get it back to the TPG!

 

At the very least, I certainly wouldn't sell it for a mere $300. Hopefully you'll be able to submit it to a TPG soon, and we can hear how this whole thing turns out! :thumb:

 

I'll give you more than that. How about $300.50 in kennedy half dollars?

 

I agree, get it authenticated first. I am no expert on errors, but I think it might be real, and if so I think it is worth more than $300. But, I could be wrong there, as I am no expert. But I think the first step would be getting it slabbed and authenticated. Best of luck to you man, and keep us updated. BTW, welcome to the forum! :thumb:

Phoenix

 

looks real to me.

 

Certify that baby! Don't sell it to that dealer, have it authenticated first. Please keep us updated, I'm sure that there are a lot of folks here who are interested in the outcome and were pulling for you man.

 

Not quite true, to be magnetic if must contain nickel, cobalt, or iron (and some rare earth elements are magnetic also). The reason why us nickels are not magnetic? Only 25% is nickel (proves your point that steel does not have to be magnetic)

 

Get it certified, if it is good it is worth more.

If it comes back bad, sell it to the dealer for $300.
[heck, he offered it.]

 

Not a lot, but there are more of them for 1943 than any other year because the silver planchet errors didn't show up easily among the steel cents like they did on the years made of copper so more of them got out. For that reason silver 1943's are a little cheaper than other years.

I think this is a real silver cent with some wear and a lot of the missing detail is from weakness of strike due to the thinness of the dime planchet. Certification probably would raise the value, because most people no longer trust there own judgement and have to be told what something is, and what condition it is. Without the blessing of the almighty grading services most collectors are too timid to spend more than a small amount. With their blessing they will open their wallets and freely spend money on things they (and often the grading service) know nothing about.

 

Looks good to me. You can email Mike Diamond or Ken Potter for thoughts.

Kens email addy is on his website. www.koinpro.com or KPotter256@aol.com
Mikes email addy is on Coneca or he can be found here. http://board.conecaonline.org/

 

Everyone,

Didn’t want to keep everyone waiting toooo long. But I did finally get off my butt and had the coin 1) authenticated, 2) Grade, and 3) encapsulated.

So I do have a 1943 cent struck on the silver dime planchet.

Please see images.

Comments?

EGS