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1918 Magnetic Lincoln Wheat Cent

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  • IkesTIkesT Posts: 3,144 ✭✭✭✭✭

  • yspsalesyspsales Posts: 2,319 ✭✭✭✭✭

    Was thinking $300 was going to be my max offer...
    Clicking the link, girded myself, predicting $5K going to the listing.
    Impressed that it was $12K ANACS
    Foiled again.

    It has a coolness factor... give ya that.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • Married2CoinsMarried2Coins Posts: 582 ✭✭✭

    @jacrispies said:
    Still not convinced. Seems like ANACS called it "thoroughly magnetic" by simply checking if it is magnetic. Doesn't mean anything. If they provided one piece of evidence to support their decision then I would be more inclined to consider it slag.
    Oh well, can't look at the edges anymore.

    I know for a fact that several of the ANACS authenticators have worked there a long time. They also use microscopes when needed and may have other tools. Any one of them could look at a coin and tell if it was tampered with so this edge nonsense is very funny to read.

    @Insider3 said:

    @jmlanzaf said:
    I have no picture. But a guy came into a friend's shop today with a 1918 Wheat Cent that was magnetic. Not plated. VG/Fine on wear. 3.0 grams.

    Foreign planchet? Or are there accidental magnetic alloy mixes known for U.S. cents?

    He who laughs last LAUGHS BEST!

    For any of you who are still naysayers: We have a 1937 MAGNETIC Lincoln cent right now at ICG. The coin is XF, looks 100% genuine and weighs 2.97gms. Glad to see ANA slabbed one. The CRH found it by waving a magnet over a bunch of junk Lincoln cents and was as shocked as much as I was when he submitted it. Guess who is checking his Wheeties with a magnet from now on. :p

    So we know these things exist. Now I want to knw the reason they stick to a magnet!

  • element159element159 Posts: 514 ✭✭✭

    @Insider3 said:
    Guess who is checking his Wheeties with a magnet from now on. :p

    I just checked my jar and no luck. But I can keep looking!

  • Married2CoinsMarried2Coins Posts: 582 ✭✭✭

    I checked every jug in the house several months ago when I read the forum. I have mor Lincolns in storage. I've probably got over100 pounds of Lincolns that I don't spend and ones that my Dad saved since the '60's. Back then, Wheats were still around. One day I'm going to became a CRH. I''m dreaming about finding a few '58 or '69 DDO cents one day.

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