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 Replies: 19 / Views: 1,052 |
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Valued Member
 Canada
60 Posts |
Prbly stpd questn but..why does it show on PCGS that a 43 no mint mark steel one cent sold for over 200k?  |
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Bedrock of the Community
United States
75451 Posts |
Agreed with the comments. Reprocessed.
Errers and Varietys.
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Moderator
 United States
99110 Posts |
Quote:
Prbly stpd questn Please, no text chat spelling here. just spell it out so us old folk don't need to go look up acronyms to understand what is being said (although I did understand that though) As for your steel cent in the first image - real but appears to have been plated. It is getting increasingly harder to find unplated BU or MS '43 steel cents anymore. |
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Pillar of the Community
United States
4618 Posts |
@Lenny
The auction record 1943 cent that sold for $218,500 was one of the legendary 'Bronze 1943 Cents', it's an error coin. It is one of the very few 1943 cents that were struck on a 95% copper planchet by accident. It was graded AU-58. The price guide for the 1943 cent struck on the correct zinc plated steel planchet graded AU-58 says it would be worth less than a dollar.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
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Valued Member
Canada
60 Posts |
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Forum Dad
United States
24195 Posts |
Your coin is worth a penny unless you get a teenage clerk that swears it's fake, then it's worth nothing
Some random undocumented screenshot of a list with random prices is pointless.
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Bedrock of the Community
United States
94367 Posts |
C'mon, lenny. What are you suggestinig?  |
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Bedrock of the Community
United States
19277 Posts |
lenny...
If you feel you have legit rarities, consider submitting them to a reputable third party grading/attribution service. If you do, please let us know the outcome. Thanks.
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Valued Member
Canada
60 Posts |
I don't know, look it up on PCGS, 43 steel 218k, 43 bronze 800k, 44 steel 400k.(sold at auction prices).just trying to figure it out..I know you guys know the truth so I ask. I am looking through thousands left behind coins hoping to find that one rare valuable variety or error and I have no idea and its hard to get a solid truthful from most sales records and charts.  Also never figured people would resurface coins and put them in holder either..never mind fake coins...3 months in and learning quick..thnx every single comment..critic or not..I almost have the coin photography thing under control..I had to get an old PC going..forum taught me how. |
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Valued Member
Canada
60 Posts |
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Forum Dad
United States
24195 Posts |
That's an MS68+, 99.9% weren't that high after just landing in the hopper seconds after being struck.
Not sure why you are bringing up the bronze/copper ones in this conversation? Has nothing to do with your coins.
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Moderator
United States
99110 Posts |
On top of that the slab of your, coin who is it by? International Numismatic Bureau? Never heard of them, but anyway they didn't even give this coin a grade at all. But then a re-plated coin would just get a 'details marker on it if done by any of the 'repudiable' TPG's. At the end of the day This particular coin holds no real value, especially since it has been reprocessed. |
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Valued Member
Canada
60 Posts |
...says zinc coated steel 2.70 grams.  |
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Pillar of the Community
United States
2874 Posts |
@lenny..... This is from wikipedia page regarding reprocessed coins,.... "Novelty Coins" Since many steel cents corroded and became dull soon after entering circulation, some dealers who sold the coins as novelties improved their appearance by "reprocessing" - stripping off the old zinc coating and then replating them with zinc or chrome. These reprocessed coins are sometimes erroneously described as brilliant uncirculated, or similar terms, by ignorant or unscrupulous online sellers".... https://en.wikipedia.org/wiki/1943_steel_cent |
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Pillar of the Community
United States
1659 Posts |
I can understand the confusion, I don't know why PCGS listed it like that. While the $218,000 is listed under the steel cent, if you click the link it takes you to the sale which was actually for a 1943 bronze.
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Posted 04/07/2024 9:34 pm
