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 Replies: 16 / Views: 21,167 |
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New Member
United States
5 Posts |
i was wondering the same thing. come to think about it I have a few rusty steel pennies. thanks biokemist6.
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Pillar of the Community
 United States
604 Posts |
So thats means they are plated and are worthless?!?!
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Pillar of the Community
United States
751 Posts |
I'm glad you brought this subject up. I was also unaware of reprocessed steelies until I saw them this week on the teevee.
Now I wonder if the shiny 43's I bought for 20c per are original or not. Are there telltale signs used to identify them? Are they worth more than a cent?
TIA
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Pillar of the Community
United States
1541 Posts |
I bought a set from the shop at the Philly mint, lot of luster. They won't reprocess it would they?
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Pillar of the Community
United States
604 Posts |
I have that same set Shatsi Its still ten dollars right? And those aren't reprocessed because it would say it on the certificate you get with it yes I did read about 50 each day there is nothing wrong with that right right!!!  just kidding I'm not totally insane yet just barely BB Edited by Buffaloboy5
08/10/2006 3:25 pm
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Pillar of the Community
United States
7123 Posts |
Hi Shatsi
There is a difference between shine and luster,, reprocessed cents seldom have luster but they are shiny,,This is due to the plating covering the microscopic concentric lines that are what cause true luster on Mint state coins.
reprocessed can also have a dimpled surface, or a bubbly appearance(for lack of a better term) they also sometimes show a shadow of the lettering and numbers.
Rick
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Pillar of the Community
United States
2365 Posts |
For the most part "steel" pennies don't have much of a premium. That being said, the reprocessed pennies do have a value as you paid $ (value) for them.
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Pillar of the Community
United States
604 Posts |
Dsking I mean since they are plated aren't they worthless or is that ok to do
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Pillar of the Community
United States
1247 Posts |
Buffaloboy when they punched out the planchets for the steelies they made a mistake. They plated the sheet first and then punched the planchets from the sheet so the edges never had the zinc coating in the first place and rusted. Your coins are not worthless. You can have reprocessed steelies or rusted steelies. Most, I think probably have been reprocessed which means they are not original but that doesn't make them worthless.
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Pillar of the Community
United States
773 Posts |
What value is the steel penny that hasn't been reprocessed?
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Pillar of the Community
United States
604 Posts |
I guess the same as a reprocessed thanks guys you really answered my question
And Longnine thanks for info about how steelies were made I never knew that
Edited by Buffaloboy5
08/11/2006 1:42 pm
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Bedrock of the Community
United States
12437 Posts |
Yes, steel cents are about the only coins that can be plated (replated in this case) and still retain most of their value since it is so commonplace.
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Pillar of the Community
United States
604 Posts |
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Pillar of the Community
United States
590 Posts |
Good post. I have some I need to check out.
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Pillar of the Community
United States
4589 Posts |
great post I did not know all that I know I have some that were dipped , coated or (reprocessed now) when I get a chance I will post an origional 43 s I say about Ms-66 or higher you can tell the difference
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Replies: 16 / Views: 21,167 |
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Posted 08/10/2006 2:40 pm
