45 steel penny

Discussion in 'Coin Chat' started by Lorenzo Jauregui, Feb 28, 2020.

  1. Hi, can any tell me if pcgs professionally cleans coins before auction. The coin I have other than the obvious issues is in excellent condition. The white coating on the obverse is like a protective eggshell and the surface rust also seems to be the same. It hasn't eaten away at the steel at all. The very shiny parts on the center of the obverse are what is underneath the pieces that seem to have chipped off. And the reverse has a lot of great detail to it. Also is that a DDO on the eye lid and the forehead. Any answers would be greatly appreciated as always to the possibility of a resurrection of the penny.
     

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  3. l.cutler

    l.cutler Member

    Sorry to say in that condition your coin is only worth a few cents. 1943 steel cents are very common even in higher grades. Just put it into a coin holder and keep it as a historic memento of WW2.
     
    Lorenzo Jauregui likes this.
  4. I have a question if you can answer this for me. On the internet they hype up the steel penny selling for quite a bit of money. Is it because there is some kind of doubling going on?
     
  5. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    Your title is wrong.. It's 1943 not 45.. Unless you have 45 of them.
    Review your threads before creating them.
     
    VistaCruiser69 likes this.
  6. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    If you are looking at the prices on Etsy then forget it. Those are ludicrous listings!
     
    VistaCruiser69 likes this.
  7. l.cutler

    l.cutler Member

    Well, internet hype sometimes seems to develop a life of it's own! The 1944 steel cent is extremely rare, some were mistakenly made on left over steel planchets. While there may be some varieties with value, generally the 1943 steel cent is a very common but interesting coin.
     
  8. LoL. Oops. I can't wait for the day that I hit puberty in coin roll hunting when I can take the advice of a expert and not wish for a different outcome. I appreciate everyone's help.
     
    pantherdev and paddyman98 like this.
  9. So then like any coin the value factor comes when there is an error.
     
  10. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    Not really. Sorry.
     
  11. Wow. How about scarcity of a coin?
     
  12. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    There were so many minted. Not really.

    Here are the numbers in millions -
    Capture+_2020-02-28-05-46-45.png
     
    capthank likes this.
  13. I read an article where someone was bashing wexler stating that he is just looking to find a doubled die in what most people wouldn't consider to be one. Basically they said that he was trying to make up doubling for the issue of sales. But then he was backed up with another person saying that he is a well educated man when it comes to nuumismatics and that he really doesn't sell too many. It's all for the love of the industry.
     
    frankjg and paddyman98 like this.
  14. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    He knows his stuff. People get mad when they are told they don't really have what they think they have then trash talk.
     
    Lorenzo Jauregui likes this.
  15. Of course with billions of coins minted each year by ever increasing numbers I can see how new errors can be found at any time.
     
  16. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    If it gives you any idea, here is one that is a problem-free, PCGS certified Mint State example (MS64).

    I paid less than 20 bucks for it, already in the PCGS holder.

    PximzwjrReffA7k0G3oq_s-l1600.jpg rgSWVdW1TgiHl28U8lZq_s-l1600 (1).jpg
     
    Dynoking and Inspector43 like this.
  17. WOW! Beautiful.
     
    lordmarcovan likes this.
  18. That's right with people going g of to fight the war there really wasn't that much of a need for the coin
     
  19. lordmarcovan

    lordmarcovan Eclectic & odd Moderator

    Looks even flashier in hand.

    They're nice coins, and popular. Just not rare at all.
     
    Lorenzo Jauregui likes this.
  20. By the way thanks for the image. Now I can show my son and tell him that the steel penny won't pay for his tuition.
     
    Kentucky and lordmarcovan like this.
  21. Well thanks for sharing. I'm going to get back to some more searching. I have late nights taking care of a sick wife. Have good night.
     
    lordmarcovan likes this.
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