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1944 Steel Penny?

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solotime's Avatar
United States
2311 Posts
 Posted 08/15/2013  8:39 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
One wrong thing I see posted...

You can only use 2x2's that are completely plastic. You can't staple 2x2 together. You must wrap it in paper or something to hold it together. I have sent my gold coin to ANACS. I wrapped the 2x2 inside hard paper so it wouldn't come apart.

(the 2x2's that are plastic are called flips sometimes)

And most importantly, I hope your kid is alright.
Rest in Peace
numismo's Avatar
United States
3039 Posts
 Posted 08/15/2013  8:49 pm  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
If you insure it for 50 or 100k through the USPS isn't that going to cost a bundle?
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solotime's Avatar
United States
2311 Posts
 Posted 08/15/2013  8:52 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
Isn't there a limit though?
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ksammut's Avatar
United States
1003 Posts
 Posted 08/15/2013  9:53 pm  Show Profile   Bookmark this reply Add ksammut to your friends list Get a Link to this Reply
I hope this coin is real. This is one coin I would want for my collection any day.

Kenny
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/15/2013  10:08 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply

Quote:
..and started to tell me that it was not real and that to "help me out" he would give me $300.00 ...


What a crook. The coin is either worth $50,000 to $100,000 if real, or 1 cent if not. This should go to auction. The auction company will market it and all the right buyers will be aware.
Edited by OldSkoolMadSkilz
08/15/2013 10:10 pm
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jakedacc's Avatar
Canada
1177 Posts
 Posted 08/15/2013  10:16 pm  Show Profile   Bookmark this reply Add jakedacc to your friends list Get a Link to this Reply
subscribed to this topic
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inventor719's Avatar
Canada
189 Posts
 Posted 08/15/2013  10:21 pm  Show Profile   Bookmark this reply Add inventor719 to your friends list Get a Link to this Reply
This thread is awesome! I hope it is a real steel penny!! Excited!!

Subscribed to this topic
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JJHFL's Avatar
United States
395 Posts
 Posted 08/16/2013  07:18 am  Show Profile   Bookmark this reply Add JJHFL to your friends list Get a Link to this Reply

Quote:
Isn't there a limit though?


With most mail service the limit is $5,000 which has a $16.25 premium above postage.

With Registered Mail (Really the only shipping option in this case if you want $50K worth of insurance), the premium would be about $85 above the postage.

So basically you are looking at roughly $100 to send something via Priority Mail within the US insured for $50K
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/16/2013  08:17 am  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
$100? For that money, I'd rather fly to their location and wait for the grading.
Valued Member
JJHFL's Avatar
United States
395 Posts
 Posted 08/16/2013  08:30 am  Show Profile   Bookmark this reply Add JJHFL to your friends list Get a Link to this Reply
Yeah, I personally wouldn't pay $100 for insurance. Maybe $50 for 25k worth (which is what it would be roughly), but that's just me. You have to find the balance of protecting yourself and preparing to minimize your losses should things not turn out good for the coins authenticity.
Edited by JJHFL
08/16/2013 08:32 am
New Member
KBrumley's Avatar
United States
22 Posts
 Posted 08/16/2013  10:09 am  Show Profile   Bookmark this reply Add KBrumley to your friends list Get a Link to this Reply
Voshus007- Can you tell me your location? I would like to try to set something up with you and get another opinion before I spend the money sending it out.

Bedrock of the Community
United States
20753 Posts
 Posted 08/16/2013  10:57 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
One real problem with attmepting to have a coin dealer look at your coin is if he should try to take it out of your sight. He could easily replace it with a different coin. Might not look the same but how could you prove which one you brought him. This is the one great thing about TPGS's such as PCGS or NGC. They constantly deal with excessively valuable coins so yours would just be one more of them if real.
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Voshus007's Avatar
United States
442 Posts
 Posted 08/16/2013  5:11 pm  Show Profile   Bookmark this reply Add Voshus007 to your friends list Get a Link to this Reply
Legacy coin shop it's on 220 by the old food lion in the little plaza. Yes the more opinions the better and I can assure you we won't swap it out for another haha
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Bassmaster's Avatar
United States
1130 Posts
 Posted 08/16/2013  7:24 pm  Show Profile   Bookmark this reply Add Bassmaster to your friends list Get a Link to this Reply

Quote:
You can only use 2x2's that are completely plastic


Yeah to send it in you have to, I thought the guy who offered $300 may have told you to put it in a 2x2 or something.
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macmercury's Avatar
United States
5832 Posts
 Posted 08/16/2013  11:51 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Don't know how far you are away from NGC in Florida, perhaps call them and talk to a representative, take a drive and maybe a walk in submission?
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