| Author |
 Replies: 19 / Views: 23,579 |
|
New Member
United States
2 Posts |
Hi everyone, I just recently started collecting old money and coins. I usually come across wheat pennies the most. Today I came across a 1958 D Wheat penny, but it looks to be steel. I seen one other posting about someone having one but wasnt sure to be real because of some intentional damage to coin. Mine has no damage and is magnetic. Does anyone out there have any real knowledge of this coin?    |
|
|
|
Pillar of the Community
United States
927 Posts |
I can't believe that the mint would have made any steel cents in 1958, even accidentally. This sounds suspicious to me.
|
|
New Member
 United States
2 Posts |
Yea there are few posts, far and between, but they all have one thing in common, they are all 1958 D. I deal with change daily. Was hoping id get a lucky find. A few weeks ago I came across a 2010 S Mint quarter proof. Both it and this penny just stuck out like a light.  |
|
Pillar of the Community
United States
997 Posts |
Probably coated in a science class experiment or something. Does it jump to the magnet or is it just kind of lightly attracted?
The 1958 is one of the most common wheat Cents so it is unlikely anyone would have created a counterfeit for numismatic purposes and the value is too low for purchasing purposes. The only reason I would think someone might create a fake was to see if he could.
The pictures are too small to really tell much about it anyway.
|
|
Moderator
 United States
56855 Posts |
Weight and diameter? John1  |
|
Pillar of the Community
United States
2368 Posts |
Quote:
Weight and diameter? This information is crucial, especially the weight. In my opinion, although I don't have this information yet, is that this is not an error, and the coin was colored or plated in some way. I'm 99% sure of that. But we shall see... |
|
Pillar of the Community
United States
4692 Posts |
Likely plated and/or dipped in mercury.
|
|
Pillar of the Community
United States
1247 Posts |
ain't no such thang as a 1958 D steel penny.
|
|
Bedrock of the Community
United States
17884 Posts |
Quote:
Mine has no damage and is magnetic. How magnetic? A steel or pure nickel coin will JUMP to the magnet! A nickel plated coin will be slightly attracted to the magnet, enough to detect the attraction or maybe even enough for the magnet to try and lift the coin but often fail. Almost all "steel" cents that people report turn out to be nickel plated. Most of the rest are dated 1943. On RARE occasions a cent or other coin will get struck on a steel or nickel planchet intended for another country. A few reported "silver" cents actually turn out to be silver and struck on dime planchets, but they are not magnetic. |
|
New Member
United States
6 Posts |
I just wanted to let you know that I found this exact 1958 D Wheat cent at a coin store today. It was mixed in with the steel pennies. I looks just like yours with very a rim. I was totally surprised tonight to find out that it is indeed highly magnetic and weighs in at 3.577 grams. My sister also found a strange 1958 D Wheat penny that also weighs around 3.5 grams and appears "silver" like this one. |
|
Bedrock of the Community
United States
94367 Posts |
 Any expert opinions? wheat penny41 and gerick -  to the CCF! Edited by Coinfrog
10/12/2017 3:18 pm
|
|
Bedrock of the Community
United States
20753 Posts |
I have never heard of the Mint making such a coin. I really think yours is plated with something. |
|
Rest in Peace
10197 Posts |
Frog & Carl...Hyjacked thread... gerick to the forum. it is always best to start your own thread to get the attention for your question. You can always refer back to the original thread You have a "plated cent" Most likely with nickel(in raw form has a slight mag attraction) or chrome even. Used t be HS science projects. Then, how strongly is it magnetic, like a "steelie" or half way? Here's apair I've found:  Edited by Crazyb0
10/12/2017 8:52 pm
|
|
Moderator
United States
23522 Posts |
Quote:
Used to be HS science projects at darn near every school in the country. There, fixed that for you.  When I was in school, we did it, and that was the early 1970's. It had been a curriculum staple for a few decades at that point. Needless to say, there are still more than a few plated Cents kicking around. |
|
Bedrock of the Community
United States
17884 Posts |
They were also frequently done for cheap costume jewelry, usually bracelets, in the late 50's early 60's. Although usually the jewelry pieces were also put in bezels. But if they cents were plated before being put in the bezels and then later removed they would look like that.
|
|
New Member
United States
6 Posts |
The 1958 D Penny I found was in a bin of steel pennies. It weighs 3.5 grams so I don't think it could just be "coated". It is also highly magnetic. My friend found a "silver" (one that looks like steel or silver) but also weighs in at 3.5 or so grams. These are highly accurate scales and I have weighed many pennies and other coins on them. My friends scale is identical to mine. However, hers is not magnetic. Could it be that the Denver mint did some "experimenting" in 1958? There was another man who found a magnetic 1958 D Penny and he posted the video on YouTube. I saw his video even before I found this one. The one I found looks just like the one seen above. Thanks for your replies. I will try to send it off to NGC......I just recently became a member with them.
|
| |
Replies: 19 / Views: 23,579 |
Posted 10/12/2014 11:49 pm
