I have several steel pennies from different mints, but this is by far the best. I’m including some out of focus (not on purpose) images to show the luster. The 43S is the one one the right. I’m having trouble getting clear images with my iPhone, any tips? Also, looking for opinions on value and PCGS level? I appreciate any comments, thanks.
I too believe it has been reprocessed. If that is the case it has only face value, sorry. The cost to have a 1943 cent graded and slabbed often is not worth the cost, in my opinion. Thanks for sharing.
I inherited a roll of 43's that were reprocessed which I noticed right away. The funny thing is there was a 42 mixed in with the bunch that was also plated silver color.
Would you please explain why you think it’s reprocessed? I’m not saying it isn’t, just trying to learn.
Any year and any coin can and has been reprocessed, usually for profit. Be safe rather than sorry, research and posting would be in your best interest.
It's mainly a thing with the 1943 steel cents, which tended to rust. Many got reprocessed (replated), to look better. I can't tell from the pics if yours were or not. I'll defer to the others on that.
What should a coin that wasn’t reprocessed look like? I looked on the internet and couldn’t find an image.
Here ya go. Follow this thread: https://www.cointalk.com/threads/ho...teel-cent-from-an-original-steel-cent.198447/
@Janice T, you need to understand that the "steel" cents were only produced for one year, during WW II, so millions were saved, thinking that they would be worth more than face in the future, like my grandfather did. As such, there are companies that made money by collecting, cleaning, and then re-coating them in zinc, and selling them for a profit. They were more souvenirs than collectibles. If you remove your coin from the album, and carefully examine the edge (rim) of the coin, it should be dull. If it is shining, like the obverse and reverse, then it was reprocessed and worth maybe 3¢ to a nickel, but there are so many out there (I have over 800 of them, as I inherited my grandfather's collection) that they just never increased in value or became collectible. I give them away to young collectors, in my beginner's kit.
When the steel metal sheets were made that the cent planchets were punched out were zinc plated on top and bottom( shiny), but the edge of each ompleted cent would show shiny plating on the top and bottom, but the edge stayed raw and dull steel color ( until it rusted). Many old 1943 cents have rusted edges. Replating puts a new coat of zinc on all areas, obverse, reverse , and edge and are worth 1 cent although many were sold at $1.00 in the 50-60s. Jim
@Janice T …the re-processed steel cents are known as novelty or souvenir coins (as noted by @Mountain Man ) but are plentiful. LCSs and coin dealers, like Littleton in New Hampshire will include them in sets they advertise for sale. So you have to be on the lookout. As novelties, I have seen them for sale from 50 cents to $3.00 each. As re-processed cents they are worthless numismatically because the surfaces have been altered. I still have 27 of them. Any member wants one send me a PM with your shipping address and I will send you one free of charge. I will send it to you via USPS so I can’t guarantee it will get you this year or ever arrive…Spark