I found this coin few years ago already in a cardboard holder inside a travel trailer I purchased. Its taken me years to find someone who even had an idea of what ot was. Now I would just like to either sell it or get it graded then sell it. Ive contacted the coin grading company and because I don't have a membership its going to cost 60$ to grade one coin . On top of that 60$ I have to pay an additional 60$ because its an error. The coin grading company I spoke to over the phone said before I can even send it in I am required to get a estimated value of the coin. Considering most people i've spoken to in person about it have never seen one and assume its a steel penny from the WW2period. So my question is what should I give as an estimated value for it when I send it in. Or is anyone interested in taking it off my hands for a reasonable price that's more knowledgeable on this type thing. Anyways thanks for any help.
Sorry I didnt notice the other fourm till after i posted I'll take one down. Which fourm do you think would be best to leave up?
Let the moderators handle it. Personally, and my opinion doesn't count, it's a better fit in the Error Coins section.
Based on your pic IMO your coin appears that it has been plated JMO let others look and see what there thoughts are. Welcome to Cointalk Dave
Im going to try to take some better pictures of it if I can. I feel these are too dark to see the details. Also I did weigh it when I had it at the coin shop 8 months ago but I don't remember what it weighed. I wanna say it fluctuated between 2.501 and 2.502.
Well better pics are always welcome but in this case IMO it won't make any difference I'm sure it's plated. Dave
How would someone replate something? When I first found it I thought because the detail was so fine that it might of been painted some how. But I've been told that it would have some sort of sign or way to tell if it was paint. Its baffeled me and honestly drivin me kinda nuts not knowing the truth about it and if its worth something.
I collected coins when I was younger but never anything like this usually whatever i came across in circulation or was givin as gifts.
People do all kind of things to coins after they leave the mint why only the person who did it would no if your convinced it's not plated then send it in for your peace of mind it's only money.IMO Dave
Plating a coin is a very simple process and can be done at home with basic tools and chemicals. Also, since plating bonds to the coin at the molecular level and can be just as thin, there is no loss of detail. Value? It was done outside the mint after it left a bank so none over face unless someone wants it more than you do. Why would someone do it? You'll have to find the person who did it and ask them.
Yes I just looked up videos of plating makes me sad to think that your all probably correct. Im probably going to recreate the experiment I saw on a different penny to see if it is in fact what happened. Thanks for all the input though I appreciate it.
It is often done in a high school science class experiment. Jewelers often plate cents to match some article of jewelry. I have several of them.
We've had many "silver penny" threads here thru the years. Your coin has been altered after it left the Mint. Not an error.
Kudos for at least taking what you've been told into consideration as well as your willingness to search out your own answers. Unfortunately, most new members are not like this so it's really rather refreshing.
If you're going to go to that trouble, use the right kinds of cents. You need ones with lots and lots of red in the color (clean surfaces) and be sure to have one pre-1982 and one post-1982. Stay away from 1982's for now. There is an alloy change in mid-1982.
Like others here have said, people do the strangest things to coins. Here is my "solid gold" Indian Head Penny. LOL