1990 (No s) Steel Proof Error?

Discussion in 'Coin Chat' started by Neil808, Sep 9, 2018.

  1. Neil808

    Neil808 New Member

    O.K..... And thank you again kind sir. Your point has been taken. End of that story; stop beating a dead horse already. Gd'day sir and God bless.
     
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  3. Neil808

    Neil808 New Member

    The coin is no more.
     
  4. robec

    robec Junior Member

    What happened to it?
     
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  5. Neil808

    Neil808 New Member

    I was advised to destroy it because I may have been in possession of a plated cent and that it might be illegal to own such a coin. My fear prevented me from moving forward.
     
  6. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Not illegal. This is common chemistry lab experiment for HS students. If you want another one, here are some instructions

    https://www.sciencecompany.com/Turn-Copper-Pennies-Into-Silver-and-Gold-Pennies.aspx

    There are a couple of companies that legally sell them as novelty items, as well
     
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  7. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Not illegal. This is common chemistry lab experiment for HS students. If you want another one, here are some instructions

    https://www.sciencecompany.com/Turn-Copper-Pennies-Into-Silver-and-Gold-Pennies.aspx

    There are a couple of companies that legally sell them as novelty items, as well
     
  8. Cheech9712

    Cheech9712 Every thing is a guess

    Try using a magnet on a cent. Not steel
     
  9. Cheech9712

    Cheech9712 Every thing is a guess

    Well then it's plated
     
  10. Neil808

    Neil808 New Member

    I did; when I first got it.
     
  11. Cheech9712

    Cheech9712 Every thing is a guess

    Good luck
     
  12. Cheech9712

    Cheech9712 Every thing is a guess

    Good luck
     
  13. Neil808

    Neil808 New Member

    It stuck to a magnet.
     
  14. Neil808

    Neil808 New Member

  15. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    First, you would be wise to avoid watching and taking to heart any random coin videos you may stumble upon. Sadly, there's a lot of misinformation out there, often coming from those who care more about clicks and subscribers than they do educating those new to the hobby.

    Also, there's no intelligent reason to simply "send in" whatever coins you may find. The only ones benefiting from such an approach is the TPGs and they couldn't care less about taking your money while offering absolutely nothing in return.

    And where did you get this advice?
     
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  16. Neil808

    Neil808 New Member

    Family friend. It's discouraging to keep looking for coins. This is supposed to be fun.
     
  17. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    You should collect coins because you enjoy the history, or learning about them, or the enjoyment of putting together a collection.

    The only way to make money searching your pocket change is to write a book or do a you tube video to convince new collectors that it's possible

    I encourage you to keep looking and learning. It's a fun hobby if you don't have unrealistic expectations
     
    Trish, Neil808, frankjg and 1 other person like this.
  18. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    There's a LOT of people today who just love to talk about things they know little to nothing about. Please don't let this unfortunate experience sour you.
     
    Neil808 likes this.
  19. Michael K

    Michael K Well-Known Member

    Yesterday I got 5 rolls of quarters. Not to roll search for silver, I try and find a nice MS example of a new park quarter for my album. Most of the time the rolls are all mixed but once I got all Ft Moultries, and this time I got all Voyageurs. I figured I would have to get 1 good example out of 200 uncirculated coins. They are all damaged. From the coin counting and rolling machines at Loomis. I can still usually get 2 or 3 that are acceptable.
    I was able to put one in, but it was frustrating and I was not satisfied with the coin.
    The point is, I still love coins. If you don't love coins, find something else to fill your time. Almost no one gets rich from coins. The You Tube videos are misleading.
     
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  20. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Indeed. There certainly is money to be made from coins, but with few exceptions comes mostly from hard associated work and not simply stumbling upon a jackpot.
     
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  21. Michael K

    Michael K Well-Known Member

    I do believe, the money to be made is at the very top.
    People who have bought the absolute highest desired coins,
    1913 nickel, 1943 copper, etc. And then sell 5 or 10 years later,
    show a nice profit, and have enjoyed the coin while it was in their possession.
    This isn't full proof, but it seems to me these types of coins only appreciate no
    matter the market conditions. And for most of us, those coins are out of reach.
     
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