Steel Pennies

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Steel Pennies

Postby marine70 » Thu Jul 14, 2011 7:31 pm

Just wondering I have alot of the 1943 steel pennies, most have rust on them are they worth anything more than a penny?
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Re: Steel Pennies

Postby thaler » Thu Jul 14, 2011 7:53 pm

12 to 15 cents according to mint mark from what i've read. Some other more knowledgable members here may shed some better light.
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Re: Steel Pennies

Postby abe » Thu Jul 14, 2011 8:14 pm

You could soak em in naval jelly to get rid of the rust.
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Re: Steel Pennies

Postby CoinHuntingObsession » Thu Jul 14, 2011 9:24 pm

I have heard 3 to 4 cents each for rusty ones, 6 to 7 cents for nicer ones. and 2 cents each for the @$^%$^@%^$#^ reprocessed ones.
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Re: Steel Pennies

Postby bman » Thu Jul 14, 2011 9:49 pm

abe wrote:You could soak em in naval jelly to get rid of the rust.


my naval only has lint in it... :mrgreen:
my old Realcent feedback thread: http://realcent.org/viewtopic.php?f=32&t=171
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Re: Steel Pennies

Postby abe » Fri Jul 15, 2011 6:54 am

bman wrote:
abe wrote:You could soak em in naval jelly to get rid of the rust.


my naval only has lint in it... :mrgreen:

Where do you think the jelly comes from,
twist the lint like an old wet towel ;)
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Re: Steel Pennies

Postby Know Common Cents » Fri Jul 15, 2011 8:21 am

I've seen a couple places in Numismatic News and Coin World that buys rusted ones at something like $3 per roll. I'm sure those are the ones that are sent somewhere to be reprocessed into fake uncirculated "gems."
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Re: Steel Pennies

Postby marine70 » Fri Jul 15, 2011 3:42 pm

Thanks for all the responses I sure appreciate it. I will try the naval jelly, and see what happens.
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Re: Steel Pennies

Postby abe » Fri Jul 15, 2011 3:46 pm

This is one I done not long ago.
Image
Image
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Re: Steel Pennies

Postby marine70 » Fri Jul 15, 2011 7:31 pm

Thanks Abe
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Re: Steel Pennies

Postby exbingoaddict » Mon Jul 25, 2011 1:49 am

Some people I have came across treat Steel cents like mystical treasure. They carefully roll up very beat up and rough steel cents and hoard them away from the light of day. Never really made sense to me considering millions of them were produced. :?
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