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Replies: 13 / Views: 1,535 |
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Valued Member
United States
164 Posts |
[red]ITS PLATED [red]whats wrong with this 1942 penny?  i got it yesterday.  here is the back  Edited by bugmanmiller 06/30/2011 2:20 pm
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Valued Member
273 Posts |
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Pillar of the Community
United States
4846 Posts |
its a 1943 steel cent thats been corroded and then plated
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Pillar of the Community
United States
721 Posts |
 with Adam E
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Pillar of the Community
United States
3345 Posts |
How can you tell it's been plated Adam?
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Bedrock of the Community
United States
12437 Posts |
Hard to tell from the photos but it probably has been replated. The coin should be covered in rust to have that much pitting but it seems to have a fairly uniform grey color instead.
Also, you may want to edit the title as the is definitely NOT a 1942
Edited by biokemist6 06/30/2011 11:26 am
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Valued Member
 United States
164 Posts |
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Valued Member
 United States
164 Posts |
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Pillar of the Community
United States
900 Posts |
Its not 1/2 fake. It is likely a legitimate 1943 steel LWC, but it was damaged when it was reprocessed. This type of alteration is called post mint damage ( PMD).
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Pillar of the Community
United States
3640 Posts |
Some people and or "companies" take loads of circulated and sometimes even uncirculated but rusty 1943 steel cents (all true 1943 steel cents will stick to a magnet) and clean them up then replate them with some fresh zinc. or other zinc. colored material and then resell them for hopefully a profit. It is a legitimate business but one has to be aware that these cents are reprocessed and not to be confused with uncirculated steel cents. A nice Unc. steelie brings a fairly nice premium. After you have seen a few of these reprocessed cents you learn to distinquish the differences from an unc. non processed cent. There are some rip off artists that do get away with selling these coins for a premium. I have quite a few of these and they are actually pretty good ones at that. I keep them as examples to teach others about what to look for on these compared to true unc. steel cents. There have been many posts on here explaining what to look for so try a search and read about these.
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Pillar of the Community
 United States
4618 Posts |
A replated steel LWC will not have the luster of an original coin. I've also seen some that look almost an off color blue and not silver tone.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
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Bedrock of the Community
United States
17884 Posts |
Quote: I've also seen some that look almost an off color blue and not silver tone. Uncirculated steel cent will either be a silver color, but if they tone it is usually a bluish white silver color.
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Pillar of the Community
 United States
4618 Posts |
Quote: Uncirculated steel cent will either be a silver color, but if they tone it is usually a bluish white silver color. I agree. Bluish white silver color is fine on an original steel Cent. I can even see a hint of blue in the MS-66 P,D and S set I had. The re-plates I had were blue-blue with no silver tone left, no luster, but boy, did they shine! Someone sent me 3 with an NGC MS-66 real steel cent I bought on ebay. They went in my box of coins at 25 cents each or 6 for a dollar. Kids love them. I have no idea why the guy sent them with a slabbed coin, but it was a set of P,D and S.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
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Valued Member
United States
289 Posts |
Not to be cynical but, ITS NOT A PENNY ITS A CENT
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Replies: 13 / Views: 1,535 |
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