1943 steel Cent

Discussion in 'US Coins Forum' started by MArkus B, Aug 1, 2019.

  1. MArkus B

    MArkus B Member

    Hi I have this steel vent and want to know if it is original or re-plated. Anybody.

    Thanks
     

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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    It was not replated.. It was reprocessed.
    Difference.
     
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  4. Santinidollar

    Santinidollar Supporter! Supporter

    What exactly is the difference?
    @paddyman98
     
  5. alurid

    alurid Well-Known Member

    It is not original.
     
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  6. MArkus B

    MArkus B Member

    So If it is reprocessed, will it grade if I send it to PCGS or NGC grading company? Thanks
     
  7. desertgem

    desertgem Senior Errer Collecktor

    Markus, most consider it damaged, so best will be ungraded damaged( Details) and cost will be high for 1 cent. You can tell if it is reprocessed by looking at the edge. If it is the same type of surface as the head/tail. it is reprocessed as the edge was not zinc plated by the mint originally , it is a dull steel color. Jim.
     
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  8. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    No
     
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    Your coin was reprocessed. It will not grade so that would be a waste of money. Welcome to CT.
     
  10. MArkus B

    MArkus B Member

    Thanks Jim, that’s makes since. These edited on eBay sold me a full roll of these for $130. Thinking I’m getting a Good quality original bank wrapped role as they stated in their description and the pictures look great. I contacted the seller and told him I thought they looked reprocessed and he said that it was not and said that he has sold over 200 rolls of these coins and everyone has been pleased with them. This guy is totally making out and needs to be taken off eBay or disallowed from selling he is taking advantage of a lot of people. SOB. Anyone thoughts or comments greatly appreciate it thanks

    Read the rules~ language
     
    Last edited by a moderator: Aug 2, 2019
  11. johnmilton

    johnmilton Well-Known Member

    The 1943 steel cents have to be really high grade to make certification financially worthwhile. I have one in MS-66 that I bought for $25 years ago for my type set. Putting that in a holder was not worth it, and what I paid was too much and probably still is. But if you want a complete certified set, it’s what you have to do.

    The reprocessed coins have been on the market for a long time. They have advertised in the coin hobby magazines since I was a YN in the 1960s.
     
  12. johnmilton

    johnmilton Well-Known Member

    Welcome to the corrupt world of “Fleabay.” I know some token and medal dealers who have made a lot of money there by picking off rare pieces that were offered by people who didn’t know what the had, but for coins it’s often a different story. I have a large, virtual “black cabinet” of counterfeit coin photographs. I have “collected” most of them from eBay. The site is the modern version of the “numismatic Wild West.” It’s easy to end up in the “numismatic financial Boot Hill” there.
     
    Last edited by a moderator: Aug 3, 2019
  13. Michael K

    Michael K Well-Known Member

    You can try to get a refund. If they misrepresented these coins as BU or mint state, when in fact they are damaged because of the reprocessing.
    A roll of damaged, reprocessed steelies is worth .50 cents.
    Had the roll been actual BU/MS coins, then maybe $50-$100 range.
    But $130 seems to be very high.
     
  14. johnmilton

    johnmilton Well-Known Member

    Here is the 1943 steel cent that I mintioned in MS-66.

    1943 War Cent O.jpg 1943 War Cent R.jpg

    And here is one of the "webs" which is a left-over after the steel cent planchets were punched from the metal strip. There were quite a few of these around in the mid 1970s when I bought this one. My guess is that they were sold as scrap metal and that coin dealers ended up with them along the scrap metal food chain.

    1943 War Cent Strip.jpg
     
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  15. Jim Dale

    Jim Dale Well-Known Member

    My dad was a pharmacist mate in a submarine in the South Pacific in 1943. When he got leave, he saw the 1943 coins and he saved every one of them that he could get until a truck decided to run him down in 1997. Anyway, my dad left all of his coins to my brother and me and I have over 100 of 1943, 43D, and 43S coins. My brother thought it was too much to try to divide up the coins, so I traded him a painting of my dad and mother when he was stationed with a marine unit on one of the islands. I have a bunch of pictures of my dad and mom, so I thought I got a great deal out of him. Some of the 43's still looked like they just came from the mint. Most of my coins are in 2x2 cardboard holders. Any idea of a good way of protecting them?
     
  16. MArkus B

    MArkus B Member

    Very cool story. I would say the coin flips or a coin plastic holder for pennies.
     
  17. Spark1951

    Spark1951 Accomplishment, not Activity

    You want to keep the surfaces from rubbing together, stay away from roll sleeves or plastic tubes. 2x2 flips as a minimum or airtite capsules for the best...Spark
     
  18. thomas mozzillo

    thomas mozzillo Well-Known Member

    Even if the seller has a "No Return" policy if you bought them on eBay you can still return them (within a certain time period). If it's too late you can open a claim with PayPal. Return coins "Not as Advertised" or something similar.
     
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