Heavy Rust On 5000pcs Bag Of Steel Cents

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Author	Replies: 4 / Views: 1,554
hogskins2win Valued Member United States 99 Posts	Posted 11/05/2011 12:15 am I just landed a bag of 5000 steel cents for a reasonable cost (or so I thought). This bag contains 90% heavy rusted cents. Was 215.00 a steel (pun intended). What's a reasonable re-sell on this bag? Is there anything that can be done about this rust without de-valuing the coins? I don't ever clean my coins but man these are ugly. I mean when I open the bag a cloud of rust rolled out! Report this Post to the Staff

joshkellogg Valued Member United States 150 Posts	Posted 11/05/2011 12:30 am sorry... I'd say find the least rusted ones. They sound past restoration, unless you can make out an error coin or something.. Report this Post to the Staff
mitchhailey Pillar of the Community United States 1150 Posts	Posted 11/05/2011 12:43 am I'm against cleaning coins. HOWEVER, since these are all '43 wheat cents you can't remove much value by cleaning them properly. If it is worth your time, and the cost of some vaseline, I would practice on a few with some petroleum jelly and then do more if you like the results. Report this Post to the Staff
pyrbob Rest in Peace United States 1943 Posts	Posted 11/05/2011 10:18 am The rust damages the surface of the coin. I think cleaning them is not worth the time. This is a common problem with steel cents. When it is not stated the first question to the seller should always be "Are there any rusted cents in the lot?". I personally spend the rusted ones and when I occasionally find one roll searching I don't keep it. Is there any way to return the bag? If not then unfortunately this is a lesson learned the hard way. Report this Post to the Staff
hogskins2win Valued Member United States 99 Posts	Posted 11/10/2011 8:47 pm Looking closer at this bag approximately 5% still have orginal luster, 20% are rust free (but milky gray), 25% have light rust and 55% have heavy rust. I also noticed that 5,000 steel cent bags tend to bring a (much) higher pirce then common wheats! So $215.00 is not looking so bad after all. I'm going to post a new question about selling "not so common Wheat cent bags" next. Report this Post to the Staff
	Replies: 4 / Views: 1,554

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