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<p>[QUOTE="TheBigH, post: 294559, member: 9866"]That is very unusual. I can think of only 3 possibilities. Either it was plated with steel for some reason after the mint, it is a counterfeit, possibly to fool collectors or possibly as a novelty, or a genuine coin struck on scrap metal, which does happen. Sometimes coins are struck on foreign metals that are never intended for coins, but most of those are questionable in origin, meaning that they came from the mint, but it is unknown if they were made on purpose by an employee goofing around. If your coin truly does stick to a magnet, I would certainly send it to a third party grading service to verify authenticity. If you do not want to spend the money for a TPG right away, you could first weigh the coin with a scale that weighs in grams or grains and compare it to the weight of a normal wheat penny.</p><p> </p><p>Of course, the penny IS from the United States, right?[/QUOTE]</p><p><br /></p>
[QUOTE="TheBigH, post: 294559, member: 9866"]That is very unusual. I can think of only 3 possibilities. Either it was plated with steel for some reason after the mint, it is a counterfeit, possibly to fool collectors or possibly as a novelty, or a genuine coin struck on scrap metal, which does happen. Sometimes coins are struck on foreign metals that are never intended for coins, but most of those are questionable in origin, meaning that they came from the mint, but it is unknown if they were made on purpose by an employee goofing around. If your coin truly does stick to a magnet, I would certainly send it to a third party grading service to verify authenticity. If you do not want to spend the money for a TPG right away, you could first weigh the coin with a scale that weighs in grams or grains and compare it to the weight of a normal wheat penny. Of course, the penny IS from the United States, right?[/QUOTE]
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