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1955 Steel Penny?

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docroadie's Avatar
United States
14 Posts
 Posted 03/21/2008  10:30 pm Show Profile   Bookmark this topic Add docroadie to your friends list Get a Link to this Message Number of Subscribers
I'm headed to an coin auction tomorrow (mar 22nd) and I was granted a preview of all the coins. One of the coins was a 1955 Steel penny. It looked very much like a 1943 steel penny except the date clearly said 1955.
I've never heard of a 1955 steel penny. Is this a fraud? Mint Error? It wasn't gold or yellow but clearly Steel looking. It didn't even look like paint.

I'm curious enough just to bid on it.

Any opinions or thoughts would be appreciated.
thanks a bunch

Doc
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Bryan1315's Avatar
United States
14454 Posts
 Posted 03/21/2008  10:41 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I'm not a cent expert but I have never heard of one, it could be struck on a foreign planchet or something maybe?
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GO's Avatar
United States
6563 Posts
 Posted 03/21/2008  11:18 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Haven't heard of it either nor can I find any info on it. I agree with the foreign planchet possibility...or a plated coin.

Take a magnet with you and see if they let you pick it up
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 03/22/2008  12:48 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Never heard of it either. Does the auction have a link with a picture?
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gbchaosmaster's Avatar
United States
328 Posts
 Posted 03/22/2008  01:56 am  Show Profile   Bookmark this reply Add gbchaosmaster to your friends list Get a Link to this Reply
That's why I bring a pair of buzz magnets to coin shows.
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docroadie's Avatar
United States
14 Posts
 Posted 03/22/2008  09:20 am  Show Profile   Bookmark this reply Add docroadie to your friends list Get a Link to this Reply
I'll try to get a picture of it even if I don't get the bid..
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Conder101's Avatar
United States
17884 Posts
 Posted 03/22/2008  09:33 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Odds are about 99.999% it is a plated cent. The other .001% are split betweena foreign planchet or a silver dime blank.
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KurtS's Avatar
United States
5318 Posts
 Posted 03/22/2008  2:15 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
A '55 "steel penny" would mean that a planchet from '43 somehow hid for 12 years and was struck in '55--doesn't that seem a bit far-fetched? Bring a magnet to the auction, but even if magnetic I'd say it's much more likely a foreign planchet.
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toniblab's Avatar
United States
336 Posts
 Posted 03/22/2008  2:44 pm  Show Profile   Bookmark this reply Add toniblab to your friends list Get a Link to this Reply
i wonder if it is a pattern coin they do stike coins in all metals.
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United States
20753 Posts
 Posted 03/22/2008  6:47 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Bid on it. If not to expensive would make a great novelty subject at a bar, coin show or just posting a photo here. Some counterfeit coins are actually rather expensive.
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docroadie's Avatar
United States
14 Posts
 Posted 03/31/2008  10:07 pm  Show Profile   Bookmark this reply Add docroadie to your friends list Get a Link to this Reply
Sorry guys for not responding in a while. Work has been keeping me busy.
I used the "magnet" test and it failed. It truly was fake. And I tried to get a picture of it but my digital camera would not focus close up. So now I have to read the forums on 'how to take pictures of coins close up.." lol.

Thanks for your input guys

PS. Someone else bid on it.. It went for $10. lol.
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MorganNoob's Avatar
United States
533 Posts
 Posted 04/01/2008  10:12 am  Show Profile   Bookmark this reply Add MorganNoob to your friends list Get a Link to this Reply
I saw something like this once, it was a pair of ear rings, with a 1955 cent in them. I bought them for $.50 at an estate sale because I was curious. They cents were shiny silver, because of the same dates, I wouldn't be suprised if that is where your 'steel' cent came from.
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amac44's Avatar
United States
3242 Posts
 Posted 04/01/2008  1:23 pm  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
I have to agree with Bryant it maybe struck on wrong planchet we strike a lot of South American&other country's coin's that are steel or nickel silver and other type metals.

***But I wouldn't buy it unless it was graded by a TPG!
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KurtS's Avatar
United States
5318 Posts
 Posted 04/01/2008  3:07 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Amac,

Without knowing specifics such as weight, the coin may just have a drop of mercury spread over the surface.
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st3rling's Avatar
United States
90 Posts
 Posted 04/01/2008  6:57 pm  Show Profile   Bookmark this reply Add st3rling to your friends list Get a Link to this Reply
Searching through rolls, I seemed to have found a silver-ish or steel colored 1948 penny. I always hear about that 43 so I was surprised to see a non-copper colored 48. Is this the same deal? I've heard it could also just be off-colored due it sitting next to some other metal or something long enough, but it doesn't seem to have that look. If I test it with a magnetic and it is not magnetic, what's the next test?

I'll try to get a pic of it, if even just for laughs. And to save the next person from wasting their time on this same coin!
Edited by st3rling
04/01/2008 6:58 pm
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joeb907's Avatar
United States
56 Posts
 Posted 04/01/2008  7:44 pm  Show Profile   Bookmark this reply Add joeb907 to your friends list Get a Link to this Reply
you could probably weigh the coin to see if it weighs the same as a steel cent. Most likely though, it was an experiment by some kids. Put a copper penny in some solution and out comes a silver looking one.
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