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Reprocessed 1943 Steel Wheat Cents

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TheForce's Avatar
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4867 Posts
 Posted 06/27/2017  4:46 pm Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
What exactly is a reprocessed steel cent? Does this process cause the coin to be altered and therefore junk?

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Coinfrog's Avatar
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 Posted 06/27/2017  4:54 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
The 1943 steel cents had a tendency to rust, so partially worn examples were often plated (reprocessed) to appear bright again. This plating has an unnaturally bright chrome-like appearance. Their value from any mint in this form is very low, but then unplated worn/rusty cents from any mint this year would be worth little as well.
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T-BOP's Avatar
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 Posted 06/27/2017  5:13 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
To OP , Basically your correct . Stripped and replated most have no eye appeal because most all reprocessed steelies used circulated coins and even displayed a hint of rust .
No collector value .
Edited by T-BOP
06/27/2017 5:16 pm
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bobby131313's Avatar
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 Posted 06/27/2017  5:15 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
They usually almost have kind of a "liquidy" appearance.
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T-BOP's Avatar
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 Posted 06/27/2017  5:19 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Yeah , just don't ask me why I bought some in my Newbie years .
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Coinfrog's Avatar
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 Posted 06/27/2017  5:25 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'm sure we all did!
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Dorado's Avatar
Canada
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 Posted 06/27/2017  5:38 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
Illustrating..
Reprocessed-1943-Steel-Wheat-Cents
Reprocessed-1943-Steel-Wheat-Cents
Valued Member
United States
338 Posts
 Posted 06/27/2017  5:51 pm  Show Profile   Bookmark this reply Add nutmeg to your friends list Get a Link to this Reply
I learned to look at the edge of the coin. Some of the replated material chips off on the edges.
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jbuck's Avatar
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 Posted 06/27/2017  5:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Yeah , just don't ask me why I bought some in my Newbie years .

Quote:
I'm sure we all did!
Guilty.
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spru's Avatar
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 Posted 06/27/2017  7:14 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
I'm guilty as well except that I didn't know they were reprocessed when I bought them in a lot.

Reprocessed-1943-Steel-Wheat-Cents
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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American Coinage Buyer's Avatar
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 Posted 06/27/2017  8:09 pm  Show Profile   Bookmark this reply Add American Coinage Buyer to your friends list Get a Link to this Reply
Steels cent are usually worth under 10 cents and are cheap to buy even in large amounts. Even high mint state grades are usually less than 30 dollars for steel cents.
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BigSilver's Avatar
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 Posted 06/27/2017  8:10 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
I have a great example of an uncirculated 1943 steelie, that is not shiny at all. I will try to get some pics loaded later on to share.
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spru's Avatar
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 Posted 06/27/2017  8:41 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:
They usually almost have kind of a "liquidy" appearance.


Here's another pic of one of those that I think shows that "liquidy" appearance. It almost looks like a blob of mercury that somehow formed a Lincoln Cent:

Reprocessed-1943-Steel-Wheat-Cents
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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bobby131313's Avatar
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 Posted 06/27/2017  8:42 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Cool, my new word is catchin' on.
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 Posted 06/27/2017  9:06 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
The problem is that on the originals the edges were not plated. Unless they are kept in a truly air/moisture tight container, they will eventually rust. My opinion as an Engineer.

As a Coin Dealer my experiance is that I cull out about 40 percent of all the steelies I bring in. Those go to the reprocessors. I sell rolls of reprocessed steelies and believe it or not they sell very well.

Also some of them are truly reprocessed where the original zinc is stripped of and a new layer is applied. Some of those are very nice indeed.

In 50 years, probably less, all the unprotected ones will probably be destoyed due to corrosion.
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T-BOP's Avatar
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 Posted 06/27/2017  10:26 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Dorado > what are you illustrating ? your photos are of a heavily circulated steel cent . This thread is about reprocessed steel cents .
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