Very informative but I have one issue with it. Reprocessed steel cents are still genuine, but altered. Instead of calling unprocessed coins "genuine" (an thus inferring that reprocessed coins are not) I would call them "unaltered" or some other term to indicate they have not been replated.
The way it is written seems to indicate that the reprocessed coins are counterfeit. They are not, they are real coins but with an altered appearance. The alterations are to increase eye appeal and to obtain a higher price than that of an unaltered coin.
I have a different take on "reprocessed" 1943 steelies. I personally do not take umbrage to the preservation by re-plating. I agree that this may make the coins less desirable by purists but I'd rather they be preserved and valued due to the reason why they were made of steel in the first place. This makes me take exception to the reference that the re-plated ones are numismatically worthless. I agree that the re-plated ones may be less worthy of any particular grade but I predict that they will be more sought over those allowed to corrode in the next 50 years. Beyond my trivial personal objections, I think your article is well written and accurately informative.
Quote: Looks good, but Tip #2 needs some clarification. The steel strips were plated, then blanks were punched out (no plating on rim), and rims were upset to make planchets.
Thank you jbuck! I really appreciate the suggestion.
But before I edit the article, I want to make sure I understand a term you used--"rims were upset"--what does that mean?
Quote: Very informative but I have one issue with it. Reprocessed steel cents are still genuine, but altered. Instead of calling unprocessed coins "genuine" (an thus inferring that reprocessed coins are not) I would call them "unaltered" or some other term to indicate they have not been replated.
The way it is written seems to indicate that the reprocessed coins are counterfeit. They are not, they are real coins but with an altered appearance. The alterations are to increase eye appeal and to obtain a higher price than that of an unaltered coin.
Ah, excellent point n9jig! Thank you so much for pointing that out. I will edit the article accordingly.
Quote: I have a different take on "reprocessed" 1943 steelies. I personally do not take umbrage to the preservation by re-plating. I agree that this may make the coins less desirable by purists but I'd rather they be preserved and valued due to the reason why they were made of steel in the first place. This makes me take exception to the reference that the re-plated ones are numismatically worthless. I agree that the re-plated ones may be less worthy of any particular grade but I predict that they will be more sought over those allowed to corrode in the next 50 years. Beyond my trivial personal objections, I think your article is well written and accurately informative.
Thank you very much for your kind words, and (quite valid) perspective PlumCrazy814.
I actually don't think your objection is trivial, as it is based on logical reasoning and, thinking about how many properly identified 1943 reprocessed cents sell on ebay or elsewhere, a free market analysis would support your perspective. In other words, there is a market for reprocessed steel cents, and people are willing to pay 15 to 20 cents or more per coin when they are accurately identified as reprocessed. This is also a reason why I should not refer to them as being worth only face value or imply that they have no numismatic value.
Thanks again for all of your feedback and suggestions. IMHO the article is much better because of your input. :O)
I finished revising the article, but please do tell me if you spot any typos, grammatical errors, or anything else I could improve.
Finally, if you would be so kind, if you would click the "Like" link at the top of the page, I would greatly appreciate it. Here is a direct link to the article:
Sure, my ego likes the acknowledgment, but my primary reason for requesting the support (i.e., 'Liking' the article), is that more ebay buyers will see it if it receives sufficient 'Likes'. And that's the whole point of these ebay Guides, i.e., to educate buyers so that they have a positive experience and do not fall prey to the predators.
Quote: But before I edit the article, I want to make sure I understand a term you used--"rims were upset"--what does that mean?
Blanks are punched from the sheets. The blanks are then run though a machine (upsetting mill) to raise the rim, after which the blank is now called a planchet.
Quote: Blanks are punched from the sheets. The blanks are then run though a machine (upsetting mill) to raise the rim, after which the blank is now called a planchet.
Cool! Thanks so much jbuck. I very much appreciate your willingness to share your knowledge and sage advice.
Good golly Miss Molly, I marvel at how much I learn here.
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I wrote a somewhat expanded version of the Reprocessed 1943 Steel Lincoln Cents article as a Word document because ebay's text editor is somewhat limited and I wanted all the formatting options that Word provides. I posted it online at:
Sort of a decent article however, it started out with a sort of error. Most, not all, reprocessed ones were and are not Chrome plated. They are re Zinc plated. Yes there are numerous ones that are Chromed but most are just re plated in Zinc. There are also many that are Tinned or Copper plated. I have well over 4,000 1943 Lincoln Cents. I am trying to put together an entire roll of the Chromed ones but those are just not that common. They appear to be almost like a Proof where as the Zinc or Tinned ones are new looking but do not have that auto bumper appearance. Usually a great seller at flea markets and coin stores. The prices listed in the article are fairly accurate. However, I've found at flea markets one person sells them for .25 each regardless of condition or reprocessed. At coin shows I've seen them selling for all the way up to several dollars each for just normal looking ones. I have 3 of the Copper plated ones and still looking for more of those. As a novelty they usually sell for $1 to $5.
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Posted 10/14/2016 11:20 pm
