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Replies: 19 / Views: 3,323 |
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New Member
United States
11 Posts |
I received an original bank roll of 1943 pennies and sent them off to NGC for grading. They were all returned Not Encapsulated with a reason of "Altered Surface". I have read and understood the NGC published category description associated with that explanation that they cannot tell 'how' the surface was altered. So I am a bit confused (note: I have requested further explanation but so far no response); What possible alterations could have been attempted? I look at the coins and they appear old, possibly needing conservation, but otherwise no obvious alterations. Has anyone experienced anything like this and have some sage advice?
Thank you.
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Pillar of the Community
United States
8715 Posts |
No advice can be given 100% without  , although they've most likely been plated.  to the CCF!
Edited by SilverDollar2017 07/02/2018 7:52 pm
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Forum Dad
 United States
24147 Posts |
I can just about guaranty they've all been reprocessed/replated. They're everywhere. It was likely not an original bank roll no matter how nice and authentic it looked. Quote: I look at the coins and they appear old, possibly needing conservation, Why would you bother sending them to be graded then? 
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Pillar of the Community
United States
4809 Posts |
I agree with our fellow enthusiasts. Reprocessed/re-plated. You can find authentic roles but you need to be clear on what you order/find. I see lots of reprocessed steel cents being dumped at my LCS. They cull out the authentic roles for their sales and dump the rest with wholesalers. 
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Forum Dad
 United States
24147 Posts |
Quote: and dump the rest with wholesalers. I watched a dealer one time separating them and he was putting the reprocessed ones in his cash register for change.
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Rest in Peace
United States
18456 Posts |
 With all of the above . Where did you get that original bank roll of 1943 Cents ? And may I ask what you paid for it ? I think it was a circulated roll that you received and NGC shook their heads and just gave it '' Altered Surfaces '' Or like said above , ''reprocessed'' . 
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Bedrock of the Community
United States
19930 Posts |
The first red flag....AFAIK, there is no OBW rolls of 1943's. At least, I have never seen a genuine one. They pop-up on ebay now and then but every single one I've seen is fake. I'd say you just got an expensive lesson. 
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
Edited by BadThad 07/02/2018 9:08 pm
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Bedrock of the Community
 United States
12477 Posts |
Can you post pics of a couple of them?
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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Pillar of the Community
United States
7613 Posts |
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Bedrock of the Community
United States
20753 Posts |
 Can't imagine why you would send in any 1943 Cents for grading. Even in MS-65 most worth far less than the grading cost.
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Pillar of the Community
United States
3402 Posts |
I would find it hard to believe that you would be able to secure an original bank wrapped (OBW) roll of 1943 steel cents. I haven't seen them offered in such condition for years. Were they all nice and shiny? This would indicate re-plating. Can you go back to the seller with the TPG information? KK
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New Member
 United States
11 Posts |
All very good and worthy comments. From my limited experience they looked fine and came from a source that would not have been involed with any alteration. Whatever occured would have been done prior to the 1970 era when they were stored away. Photos attached.  
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Pillar of the Community
United States
1272 Posts |
Yep those are replated and the center one is chewed up. Worth less than $1 apiece graded or otherwise
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Pillar of the Community
United States
4395 Posts |
Definitely replated aka reprocessed.
I agree with machine20. they are worth less than $1 a piece.
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Bedrock of the Community
United States
94367 Posts |
For sure.  Keep looking!  to the CCF!
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Bedrock of the Community
United States
73628 Posts |
Unfortunately, the supposed "OBW Roll" wasn't OBW. It has been clearly searched, and they've been replated. This hurts the value a lot, since it alters the coins surfaces. Did you buy this roll? If you did, then you got ripped off very badly. 
Errers and Varietys.
Edited by Errers and Varietys 07/10/2018 04:20 am
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Replies: 19 / Views: 3,323 |