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1946 S Magnetic Wheat Cent?

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jacrispies's Avatar
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3848 Posts
 Posted 11/14/2020  01:56 am Show Profile   Bookmark this topic Add jacrispies to your friends list Get a Link to this Message Number of Subscribers
I found this 1946 S Wheat cent when pulling out steel cents from a large bag of wheat cents. It has a very strong attraction to a magnet, almost like a steel cent. This cent appears to be the correct copper alloy. The entire coin isn't attracted to the magnet, just one spot on the coin. That leads me to think that there is some sort of shrapnel or iron impurity in the cent. It weighs 3.19 grams, so it is overweight.

I went to two coin shops to see their opinion. The first said to get it certified with NGC, while the other said to come to a forum. Both have never seen anything like it, and clearly showing interest. I want to get more opinions before I pour some money into it.

I believe this is legitimate, not a fake or homemade coin. It has standard detail for a 1946 S, and has common wear throughout. It can't be post-mint, that's why I think I have something better than the normal Wheat cent. Thanks in advance, and feel free to post thoughts and opinions.
1946-S-Magnetic-Wheat-Cent?
1946-S-Magnetic-Wheat-Cent?
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
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T-BOP's Avatar
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18456 Posts
 Posted 11/14/2020  08:21 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Can you show us or tell us exactly where the magnetic spot is on the coin ?
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kanga's Avatar
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5825 Posts
 Posted 11/14/2020  08:48 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
I look at the date and think that something is wrong with the "4".
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Coinfrog's Avatar
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 Posted 11/14/2020  09:32 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Yes, where is the hot spot?



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coop's Avatar
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 Posted 11/14/2020  12:23 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
I was wondering if it was on the 'O' on ONE? Some steel may have been struck on to the coin where is chip is starting. (thus the over weight and no evidence of plating)
There is also something on the right wheat lines that maybe a small piece of wire?
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jacrispies's Avatar
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3848 Posts
 Posted 11/14/2020  1:49 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Thank you for all of the replies! The magnetic spot is more like a strand. Regarding the obverse, it starts at the date and continues through LIBERTY. Regarding the reverse, the magnet is attracted to the E in ONE and hooks around and ends at C in CENT.
I believe the dates appearance is entirely normal as the 1946 S Wheat cent seems to have a lot of grease strikes. I've seen a lot where you can barely see the date.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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jacrispies's Avatar
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 Posted 11/14/2020  11:18 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
There is no visible foreign objects that can be seen in person. The object could indeed be a piece of wire, but I don't know how a piece of wire could get stuck in the alloy during the minting process. That's where I am stumped. Any ideas what I should do with it?
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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jbuck's Avatar
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/16/2020  6:24 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
With all metal on metal plated objects, there can be some atomic interchange at the plating interface.
That would make it easier to examine the outer surface layer using XRF, looking particularly for nickel or iron.

0.08 of a gram too much. Is that still within tolerance?
With a mintage of nearly 200 million, what is the possibility that a few slightly overweight examples may have escaped the mint without checking?

It is obvious to make the assumption that it could be copper plated steel, but I think perhaps that may be just tooooo tempting.
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Conder101's Avatar
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17884 Posts
 Posted 11/18/2020  01:09 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Carefully check the edges of the coin along the line that you indicate is magnetic. There is a magic trick that uses a concealed magnet to make a coin "disappear". To make the trick work a coin is altered by drilling in from the edge and inserting an iron or steel pin.
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jacrispies's Avatar
United States
3848 Posts
 Posted 11/18/2020  2:27 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
The magnetism is comparable to a steel cent. A fancy X-Ray machine, I believe would reveal a piece of contaminant inside the planchet. Unfortunately I don't have one around the house to confirm that theory. 0.08 grams difference is definitely within tolerance of a common mistake at the mint.

The edges are normal. Great thought Conder101, as that would be a logical explanation for the magnetism. I was expecting a tampered edge, because that would explain exactly what the problem is. It is like there is a steel pin inside the penny, but no sign of any post-mint damage.

For there to be a pin or wire-like object inside the cent, it would seem that there would be some sort of view of the object from one side or the other. There is no wire peeking out, or pin poking out of the side. That increases the odds of a foreign object being in there, especially having it perfectly seated, undetected from any view. It is entirely possible though since that seems like the best possible explanation.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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