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Replies: 28 / Views: 5,291 |
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New Member
United States
2 Posts |
tdlanespirit {Tracy D'Lane} is my name. I am 46 yrs. old I have collected coins here and there. Just a little. I mostly collect and sell vintage marbles. I live in Walnut Grove , Ca. and Golden , Co. I have joined this coin site so that I may learn a thing or two about some of the coins I possess. Mainly a 1995D Steel Penny. I cannot find anything about it. A magnet does stick to it (or visa versa) It is very shiny. I see no copper and zinc would not stick to a magnet. Can anybody help me with any information on it. Text *** Moved by Staff to a more appropriate forum. ***
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New Member
Canada
44 Posts |
There are two possibilities with a '1995D silver penny': 1. Someone has altered the coin after it was minted and if so, it is worth a penny. 2. It could be a misstruck/error coin (a coin struck on a planchet intended for a coin of another denomination or of the wrong metal) if this is the case then it could be worth as much as $250.00 according to condition.
This is something I found on the web
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New Member
 United States
2 Posts |
how do I find out without doing damage to the penny. I don't have any idea were to go with it.
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Moderator
 United States
14463 Posts |
Its probably been zinc coated by a third party company, PMD. What is the weight? and is it the correct size for a 1995 cent?
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New Member
Canada
44 Posts |
to tell you truth I'm not really sure I am a very new collector my self I just remebered reading about this on another forum. Do you have any coin stores in your area you could bring it to.
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New Member
 United States
2 Posts |
hold on and I will weigh it
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New Member
 United States
2 Posts |
ok I'm back my scale says 2 grams and if it was copper with zinc coating why would it stick to a magnet?
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New Member
 United States
2 Posts |
I don't know how much a 1995 d is suppose to weigh and your right I could find a coin dealer in town. I live about 40 miles from anywhere but I do get into town once a week
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Moderator
 United States
14463 Posts |
sorry, I missed the part about it sticking to a magnet.  It is most likely steel plated. A normal 1995 cent should weigh 2.5 grams, and one that's been steel plated maybe 2.7 grams. Taking it to a coin dealer will help  I moved this from the welcome to the modern coin section.
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New Member
 United States
2 Posts |
ok I will take it in. my scale is teetering back and forth from 2 to 4 grams . it wont tell me anything lower than a gram . but thank you for your help and insight. I will let you know what I find out.
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New Member
 United States
2 Posts |
ok I weighed the penny on a triple beam it weighs 2.8 minus the plastic. about 2.7. so if this is a steel 1995D penny what would it be worth if I was to sell it. or insure it
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Moderator
 United States
14463 Posts |
Sorry to say, its not worth more than face value (1 cent). If sold as a novelty, maybe a bit more.
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Moderator
 United States
56855 Posts |
 to CCF. Can you post clear pics,both sides and edge? It would be very hard to "steel" plate a coin and I don't see a reason to do it to a 1995-D cent.It could be missing the copper plating. John1 
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Pillar of the Community
United States
2543 Posts |
The bottom line is, the U.S. did not make steel pennies in Denver in 1995. So tracing back the possibilities from that fact, leads us to missing copper layer ? No , zinc is not magnetic. A novelty steel coating ? Unlikely, putting a steel coat on anything is difficult, much less a .2gm coating.
More than likely, it was coated in nickel as a novelty to mimic the 1943/4 steel cents. Nickel is magnetic and is easy to do. A nickel bath is the first step in the chroming process.
I agree with fuzzy, since it is not a "real" coin issued by the mint in that condition or a genuine error (in that no U.S. coin planchets are magnetic) it is probably worth no more than a novelty.
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Pillar of the Community
United States
2311 Posts |
It's a real cent but one that is plated.
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Pillar of the Community
United States
1903 Posts |
Hold on here.... I just want to make some points clear. There are many instances of coins being stamped on completely wrong materials...not that long ago I posted on an authentic Indian Head cent made from a gold planchet, and there are many other examples of "errors" of this nature. I put error in quotes because if done intentionally, I don't consider it an error. So don't assume a steel 1995 cent is impossible. Some mint employee could have done it for their own benefit...things of this nature have been done before, so saying it is impossible is not doing the OP fair service. Is it probable? Heck no...but far from impossible. What should be advocated is a scientific process of analyzing this coin step by step to eliminate things it is and isn't. Weight, size, magnetism, and other means of testing are what is called for and when this coin has been thoroughly evaluated and passed all the tests...then who knows, maybe it is the real deal. I for one would feel foolish to tell someone that their coin is "junk" and have them toss it when in fact it was valuable. As Carl Sagan was famously quoted (a man I greatly respect)... "Arguements from authority are worthless"...facts are what truth is based on
Edited by unholyroller 12/03/2013 7:54 pm
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Replies: 28 / Views: 5,291 |