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1981 Steel or Magnetic Penny
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<p>[QUOTE="Insider, post: 2493243, member: 24314"]For your coin to be genuine, the mint would need to have been striking coins, tokens, or medals with that composition in 1981. It's like what happened when the 1943 copper cents were struck. The theory is that copper planchets were laying around, stuck in machinery or in the hoppers when 1943 cents were being struck. Some got into production. That is not the same thing as a press operator playing around with washers, nails, or <span style="color: rgb(179, 0, 179)">steel blanks</span>.</p><p>Same thing happened in 1944 with the change back to copper. That's were the 1944 steel cents come from.</p><p><br /></p><p>As far as I'm concerned, the top two grading services said your 1981 coin was counterfeit. Besides it being "steel," it may not have the strike and details as a normal authentic cent. I find it hard to believe that a TPGS told you your coin was a <span style="color: rgb(179, 0, 0)">genuine</span> cent yet would not slab it.[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2493243, member: 24314"]For your coin to be genuine, the mint would need to have been striking coins, tokens, or medals with that composition in 1981. It's like what happened when the 1943 copper cents were struck. The theory is that copper planchets were laying around, stuck in machinery or in the hoppers when 1943 cents were being struck. Some got into production. That is not the same thing as a press operator playing around with washers, nails, or [COLOR=rgb(179, 0, 179)]steel blanks[/COLOR]. Same thing happened in 1944 with the change back to copper. That's were the 1944 steel cents come from. As far as I'm concerned, the top two grading services said your 1981 coin was counterfeit. Besides it being "steel," it may not have the strike and details as a normal authentic cent. I find it hard to believe that a TPGS told you your coin was a [COLOR=rgb(179, 0, 0)]genuine[/COLOR] cent yet would not slab it.[/QUOTE]
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1981 Steel or Magnetic Penny
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