Steel Cent Roll - So Now What?

Discussion in 'Coin Chat' started by DUNK 2, Aug 14, 2016.

  1. DUNK 2

    DUNK 2 Well-Known Member

    You forgot casino wrapped (see my post above). ;)
     
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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Open It! 684,628,000 of these were made!

    Quote "**When we say that 684,628,000, of these coins were produced or minted in 1943 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind." closed quote .. From http://cointrackers.com/coins/13590/1943-steel-wheat-penny/
     
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  4. Ed23

    Ed23 Active Member

    True but Casino coins are usually in such bad shape no collector would want them other than to look for silver coins. I don't believe that penny slots were in Casinos in the 40s, 50s, 60s and 70s ... and by the time they were they would clearly have been in color-coded wraps with the Casino name ... as for the nickel, quarter, dime and halves you can 'bet' they were searched by everyone who handled them many times looking for silver ..

    You see a roll with 2 Unc. coins on each end, while the wrapper looks like it had a rough life for the past century, you can believe it is a re-wrapped roll and usually a scam roll filled with well-worn coins in between.
     
  5. Ed23

    Ed23 Active Member

    I don't blame you. If you had a good father, and I'm sure you did, then there is sentimental value to all of those rolls that were his. Save them until you hit a financial need, or, leave them for your kids or grandkids to open after you gone if you want. Your father left them for you because he knew what peaks and valleys life brings .. he may have left them for you to go on a little adventure/treasure hunt when you retired. So, enjoy them.
     
  6. DUNK 2

    DUNK 2 Well-Known Member

    In my view, Dad was the best. I'll eat dirt before I spend those coins!

    I'm not sure I've ever mentioned this on the forum, but I didn't have much of an interest in coin collecting while Dad was alive. As a matter of fact, he drove me nuts with it at times. Our shared interests included a love of hockey (ice).

    Anyway, I think collecting has become one more way for me to keep Dad "close". Dad was a much different collector than me in that he searched or bartered for most of his collection. If he were able, he'd join my wife in asking. . . YOU PAID HOW MUCH FOR THAT DOLLAR? :greedy:
     
  7. ewomack

    ewomack 魚の下着

    I'm not fooled and I'm not even thinking about buying them. And I wouldn't. That's why I used the word "alleged" in my post. I have no idea if they're genuine. And I have no idea what a genuine roll of US cents from 1943 looks like. This was just the closest thing I could find to an "alleged" roll of late mid-20th century cents.
     
  8. ewomack

    ewomack 魚の下着

    So the roll of 1943 cents was in your dad's collection? You said he had casino wrapped halves, but were the cents also in his collection? I'm still not sure where the cents came from.
     
  9. ldhair

    ldhair Clean Supporter

    Open the roll. No reason not to.
     
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  10. DUNK 2

    DUNK 2 Well-Known Member

    No, the steel cents weren't Dad's. I bought that roll recently on EBay.
     
  11. DUNK 2

    DUNK 2 Well-Known Member

  12. ewomack

    ewomack 魚の下着

    Ah, ok. Since it's a half roll you bought on Ebay, I don't see any reason not to open it and see what's inside. It's ultimately your decision, of course.
     
  13. joecoincollect

    joecoincollect Well-Known Member

    I've never seen an unopened/ unsearched steel roll, but I wouldn't imagine it looking like that. A genuine one would cost hundreds I think, so if you paid under a hundred my bet is it's not genuine. Worst case scenario they are re-plated as well.
     
  14. BadThad

    BadThad Calibrated for Lincolns

    That explains a lot. I hope you didn't pay more than $2-3. This is 100% a fake, seeded roll.....and a poor seed job at that with replates on the ends.

    As Lincoln collector, I'm still amazed over all the hype over steel cents. THEY ARE NOT VALUABLE and far from being rare or scarce with mintages of hundreds of millions. Also, because they were different, they were hoarded in the millions.
     
  15. DUNK 2

    DUNK 2 Well-Known Member

  16. calcol

    calcol Supporter! Supporter

    Not my area, so can't comment on possible treatments or grade. But, that's a really neat, shiny X-mas tree that Santa brought.

    Cal
     
  17. ldhair

    ldhair Clean Supporter

    From the images they look to have all been processed (plated again).
     
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  18. calcol

    calcol Supporter! Supporter

    I'm not a Lincoln cent collector. So, what are the telltale signs that steelies have been replated?

    Cal
     
  19. Conder101

    Conder101 Numismatist

    They started doing that 7 years ago. I have slabbed rolls from all four of the major services.


    Just one reason, you can sell the unopened roll to a starry eyed dreamer hoping for a treasure inside for more than you sell the individual coins for.
     
  20. calcol

    calcol Supporter! Supporter

    I've seen stacks of coins in clear plastic tubes that were TPG-certified. But not an original paper-wrapped roll so encased. If you've got one, please post a pic.

    Cal
     
  21. ldhair

    ldhair Clean Supporter

    It's hard to put in words put they have a proof like look to them. This is the look of a normal MS coin.
    1943ccomp.jpg
     
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