Home U.S. Coin Forum

Have I struck gold? Or some phony?

Ever since I was a kid I have colleted coins. Unfortunately the collection is small, but I decided to look through my collection today. I came to this website to look up a few things I had. I wanted to see if there was any potential value in a penny, nickel, and quarter I have. I went to the FAQ, and noticed something written about a 1943 penny.

Written here:
http://www.coinfacts.com/FAQ.htm
"I have a 1943 Bronze Cent. How can I tell if it is real?
Less than a dozen genuine 1943 Bronze Cents are known, but there are literally tens of thousands of copper-plated 1943 Steel Cents. Test a suspect 1943 Bronze Cent with a magnet. If the coin is attracted to the magnet, it's been copper-plated. If not, contact us immediately. "

I noticed my penny said 1943 on it. It didnt look copper, a shade lighter, similar to bronze. So I read this FAQ and got a little excited, so I got 3 different magnets, ranging from a refridgerator magnet, to a hard drive magnet. All the other coins in my collection seemed to fly off the desk to the hard drive magnet, yet when I put the hard drive magnet over the penny, along with the other magnets, nothing happened.

Have I struck gold, or should I not keep my hopes up?

I did however email the collection customer service about it, because it sais "contact us immediately".

*gasp*

Comments

  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    <<All the other coins in my collection seemed to fly off the desk to the hard drive magnet>>

    I do not understand this comment...can you expound on this?

    BTW, welcome to the forum
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Chances are incredibly small that you have a genuine bronze cent from 1943. I have seen or heard about countless people being disappointed at learning they hadn't "struck gold" over this or another rare coin they thought they had.

    If it didn't stick to a magnet, it's likely a copy or an an altered date example. Actually, something is wrong if you had other bronze cents and they stuck to the magnet you used. It might be helpful if you could post an image here.
  • Welcome!!---but I'm confused (a frequent occurence)--your other copper, silver, etc. coins were attracted to the magnet? Or just the other 1943 steel cents in you collection?
    Curmudgeon in waiting!
  • Unfortunately I don't have a digital camera. Other pennies did not stick to the magnet. It was other foreign coins.

    " <<All the other coins in my collection seemed to fly off the desk to the hard drive magnet>>"

    I had my collection of coins laying out on my desk, and i hovered the hard drive magnet over quickly and some of the coins flew right to the magnet.

    EDIT: I will try to get a hold of my friend and use his digital camera.
  • krankykranky Posts: 8,709 ✭✭✭
    Welcome!

    If the coin is not attracted to a magnet, a closeup photo of the date would be key.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • DNADaveDNADave Posts: 7,303 ✭✭✭✭✭
    Just don't get out the pocket knife and start scratching....even if it probably is a fake. image
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Here is a bit of information to check out: see here


  • << <i>I had my collection of coins laying out on my desk, and i hovered the hard drive magnet over quickly and some of the coins flew right to the magnet. >>



    Well, even if the brass 1943 1c doesn't work out, the other coins being magnetic is quite exciting.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • RichieURichRichieURich Posts: 8,553 ✭✭✭✭✭
    image to the Forums, Tekspdy!

    An authorized PCGS dealer, and a contributor to the Red Book.

  • Well, two coins that attracted to the magnet that are foreign are:

    Queen Elizabeth silver colored coin, with a moose on the back (1981)

    10 pfennig brown colored coin (1988)

    More atracted to the magnet, but they are much more recent coins (1998-2004)
  • A 1981 silver colored MooseBack!?!? Maybe you have struck gold! Welcome to the forums! image


  • << <i>Queen Elizabeth silver colored coin, with a moose on the back (1981) >>


    Canadian 25 cent Pure nickel (has almost 20 cents worth of nickel in it.)



    << <i>10 pfennig brown colored coin (1988) >>


    Most likely German 10 pfennig, copper or bronze clad steel.
  • Woops, its actually a "Queen Elizabeth II" coin, forgot the 2 image
  • even if it is deemed as fake down the road, right now since it didn't attract to the magnet you need to treet and handle the coin as genuine (by no means am i saying get your hopes up that it is genuine, just handle the coin as it was) that way either way you do not do damage to the coinunnecessarily. Do not clean the coin with anything, no matter what anyone tells you (not even a dry cloth because that is actually the worst thing you can do to a coin). Like everyone said there is a Huge possibility that the coin is not genuine but there was the same chances with the ones that were proven original that the other people have
    image
  • I have not received any emails back from psgs. For something deemed important, I havent even received an email back when it takes only 72 hours for a response max it sais.

    Anyone in the Washington Seattle area who could examine the coin?


    Since the coin is difficult to tell if it's a 1945 or 1943 (looks more like a 3 under a magnifying glass, but i could just be stupid), did the 1945 coins have steel in them?
  • Since I have no idea how to PM somebody r view their profile, ill ask in my thread.

    thebigeng has an avatar of a wierd penny by the looks. is there any more photos or information on it? from a first glance it looks like the penny was being made, but pressed without a molding around it.


    EDIT: I guess ill tell about some other coins I have, maybe their of interest.

    a 1950 coin with deutchland written on the back, and on the front a girl or guy pulling a weed or something, dated 1950

    1952 penny with ONE CENT written on the back like the old pennies.

    1940 nickel

    1991 gold penny (brilliantly shiny), could be fake or painted over, very good paint though, no paint wear or tear.
  • *sigh* my friend brought over a super magnifying glass.

    it is a 1945 penny.

    I found a picture of a 1945 penny on google and edited the number to look how mine is, damaged.

    http://www.1701gaming.com/webgfx/penny.jpg

    Thanks for the help guys. When we zoomed into it really close, I noticed the top of the supposed 3 was actually flat, not curved, therefore it must be a 5.

    If anyone is interested in anything I posted, give me a shout: mrspeedy@gmail.com

    thank you sincerely for your input.
  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    1943 Q&A
    Click on this link, this probably the answer your going to get from PCGS

    1945 US cents were copper

    Like Inspector Clueseaux...until the case is sol-ved

    World Coin link Here's some world coins for others....look around, you still might get lucky
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • 1945 may be copper. the one i thought was a 1943 is a different shade of color. like a light brown. but from the looks, this coin was definately cleaned, could have made the color crappy.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I have not received any emails back from psgs. For something deemed important, I havent even received an email back when it takes only 72 hours for a response max it sais. >>



    You have to send out press releases and fly in to a major show in order to get a response on a copper 1943 Lincoln.

    Russ, NCNE
  • Can I just send my penny to them?

    if it does end up being worth like $3 i dont actually care lol they can keep it.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file