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 1944 steel found!!!
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novillero
Penny Sorter Member


USA
86 Posts

Posted - 11/06/2008 :  09:27:45  Show Profile Send novillero a Private Message
Last night... going through my father's toss offs of wheats from years and years ago, I found a few steelies. One steelie had the date 1944. I tried to find is value in the Red Book, but perhaps too rare to even list a value. I was all over the internet trying to find out more. I could barely sleep last night. And I dreamed steel dreams.

First thing this morning, I took it to the coin shop and....

turns out it is a fake. I kinda realized it when looking at it, but held out hope against hope. The front was too smooth and shiny, and the edges were a little beat up and showed copper - which I preferred to think of as just dirty scratches. The dealer told me it would have been worth $25,000 if it was real.

If I knew how, I'd post a pic.

Nickelless
Administrator



USA
5580 Posts

Posted - 11/06/2008 :  09:33:57  Show Profile Send Nickelless a Private Message
That's pretty interesting. I know that people have tried to alter 1948s to look like copper '43s, but hadn't heard about any steel '44s. What exactly did the dealer say about it being fake?


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novillero
Penny Sorter Member



USA
86 Posts

Posted - 11/06/2008 :  10:07:41  Show Profile Send novillero a Private Message
The other steelies I have are pretty crummy looking. This coin is very very shiny and smooth on the obverse, yet just a normal steel been-exposed-to-the-elements look on the reverse. Completely different from the front, the wheat ears are in pretty good condition. That should have set off some alarms to begin with.

The date is clear, yet the coin is strangely worn on the front; the word liberty is barely visible. As to the date, the 44 is much clearer than the numbers 19. The dealer said that its coated, and pointed to the beat-up sides of the coin - where you can get a peek at what is under the steel layer. It took him 2 seconds to toss it back at me.

And, unfortunately, it was obvious on a close inspection, but - HEY - I can dream! I knew it was to good to be true. The beat-up sides of the coin were the dead give away - and had me scratching my head. There is defintely copper there, and I tried to raionalize why it would look like that - "hmmm, maybe it was just dirty."

Now, here is the question:
Do I put it back into circulation with the evil thoughts of raising then dashing someone else's hopes? <insert diabolical laughter here>

Or should I hold onto it for conversation purposes?

I think I'll keep it. It's a funny looking shiny silver penny.
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SANITARIUM_INMATE
Penny Pincher Member



211 Posts

Posted - 11/06/2008 :  16:41:41  Show Profile Send SANITARIUM_INMATE a Private Message
I would hold on to it and get a second opinion from a different dealer. I really hate the word (dealer), since he turned you away so quickly. IMHO a dealer is not one to give you all the information on something or be very honest. My philosophy is to not trust what comes out of their mouths. I would like to see some pics before you do anything with it whether you save it or toss it. A good conversation piece is all that guy says it is but he might be wrong or just trying to use reverse psycology on you. Did he offer you anything for it? He might have been jealous of your find also. Get some pics and let us help you.
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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 11/06/2008 :  16:57:28  Show Profile Send Bluegill a Private Message
I hate to ask the obvious, but, did you check it with a magnet?

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Dan52
Penny Collector Member



USA
422 Posts

Posted - 11/06/2008 :  17:09:06  Show Profile Send Dan52 a Private Message
I have six 43's. I had to get em out and check the dates when I read your post. :-)
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kieblera5
Penny Hoarding Member



USA
859 Posts

Posted - 11/07/2008 :  10:32:55  Show Profile  Send kieblera5 an AOL message Send kieblera5 a Private Message
I have about eight of those 43 "coppers"

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novillero
Penny Sorter Member



USA
86 Posts

Posted - 11/07/2008 :  13:41:56  Show Profile Send novillero a Private Message
quote:
Originally posted by Bluegill

I hate to ask the obvious, but, did you check it with a magnet?




uh, I did now... not magnetic.
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mooski
Penny Sorter Member



USA
61 Posts

Posted - 11/18/2008 :  20:55:21  Show Profile Send mooski a Private Message
Not magnetic? There ya go. Not steel.

I had a friend call me with excitement in his voice about a copper 43.

I felt bad telling him that it was probably fake. And when I told him to dig out a magnet to be sure, I could see over the phone his disappointment.

But he knew I wouldn't lie to him - like some coin dealers would...

-M

Sorting and hoarding in Seattle, WA
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