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How do you determine if steel pennies have been reprocessed.?
Hnewtonpc
Reprocessed steel cents lack detail and appear to be filled in some even show wear and corrosion.
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∙ 14y ago
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Why do pennys rust?
In recent years pennies have been made of steel plated in copper, and steel is prone to rust. Older pennies were made of pure copper, or copper and zinc, which did not rust.
How do you clean 1943 steel pennies?
The short answer is, Don't try. The reason 1943 cents tend to look crummy is that the zinc coating oxidizes and the underlying steel core rusts. Anything you have at home that could be used to clean them will only make the situation worse. At one time it was possible to buy "reprocessed" steel cents that been electrolyzed to remove some of the rust and then were replated with zinc. Unfortunately reprocessed cents are worth almost nothing because they're altered coins, plus they're obviously fake-looking. If you want a nice-looking one for your collection, prices for uncirculated steel cents are quite reasonable; you should be able to get one from a dealer for two to five bucks depending on its mint mark. If you're willing to settle for a circulated coin, these sell for as little as a quarter.
What are the new pennies going to be made of?
A final decision hasn't been made yet. At this point there is serious discussion of using plated steel, similar to the metals used by several other countries for low denomination coins. Plated steel has been successfully minted in Canada, the U.K., and the EU.
What is gold stainless steel?
Gold tone stainless steel refers to stainless steel that has been gold plated. This steel may have also been stained a gold color.
How can you tell if your 1943 zinc penny is valuable?
You need to know its mint mark and condition. There are lots of web sites where you can look up coin values. However if the coin has been "reprocessed" (cleaned and replated), which was common in the 1950s and 60s, it's considered altered and is worth keeping only as a curiosity piece.
Which pennies are magnetic?
It depends on which country we are talking about. For the US, there is only one magnetic coin the 1943 steel penny. For Canada, there have been some magnetic pennies made since 2000, though there were zinc pennies made until 2008. For the UK, pennies have been magnetic (copper plated steel) since 1992.
Why do pennys rust?
In recent years pennies have been made of steel plated in copper, and steel is prone to rust. Older pennies were made of pure copper, or copper and zinc, which did not rust.
How much can you sell a 1943 Lincoln steel cent worth now?
Value depends on grade and mintmarks, especially with the steel cents but if the coin has been reprocessed it's face value. Average value is 5 to 10 cents.
How much is a 1947 silver wheat back penny sell for?
Well . . . there have never been any silver pennies minted in the US, so you must be talking about the steel pennies. As far as I know, 1943 was the only year that steel pennies, or 'steelies', were minted.
What is the value of a silver penny1941?
American pennies have been copper in every year except 1943, when copper was scarce and pennies were made of steel. These days, pennies are more zinc than copper.
Why some engineers prefer steel from iron ore over reprocessed steel from scrap?
The reason that steel made from ore is often preferred is because the chemical analysis can be controlled exactly, whereas steel made from scrap has probably been recycled a few times and the level of residual elements are higher and inconsistent, due to the scrap mix.
Value of 1943-D steel and1943-S?
The value of the 1943 steel cents mostly depends on the condition of the coins if they have been reprocessed are dark or have any rust values are 5 to 10 cents. Only coins with original surfaces have higher retail values.
How do you clean 1943 steel pennies?
The short answer is, Don't try. The reason 1943 cents tend to look crummy is that the zinc coating oxidizes and the underlying steel core rusts. Anything you have at home that could be used to clean them will only make the situation worse. At one time it was possible to buy "reprocessed" steel cents that been electrolyzed to remove some of the rust and then were replated with zinc. Unfortunately reprocessed cents are worth almost nothing because they're altered coins, plus they're obviously fake-looking. If you want a nice-looking one for your collection, prices for uncirculated steel cents are quite reasonable; you should be able to get one from a dealer for two to five bucks depending on its mint mark. If you're willing to settle for a circulated coin, these sell for as little as a quarter.
What engineering tests have been carried out to determine the strength and ductility of the steel?
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How long were silver pennies in circulation?
The US has never made silver pennies. It would cost way to much to make silver pennies because of the value of silver. Many people think that in 1943 pennies were made out of silver however they are actually made out of zinc and steel. So actually they have never been in circulation.
What are steel pennies?
Steel pennies are pennies made in 1943 during World War II because copper was needed to make artillery. The Mint took the copper out of pennies and replaced it with zinc-coated steel. Steel cents were made for a year but many people didn't like them because it was easy to mistake them for a dime. 15% of the steel pennies were sent back by the public and then the 15% was destroyed! Since they were only made in 1943 and are unusual they've disappeared from circulation, but over a billion were minted so they're still not rare - collectors and dealers have bins of them, usually selling for 25 cents to a dollar. Also some of these pennies were accidentally made out of copper and are extremely rare. Many fakes have been made by copper-plating genuine steel cents, but you can tell if you have one of these fakes because they're the only US coin that is magnetic. This coin (if you collect coins) is a very good addition to your collection because it has the most interesting back story! -CL
How much does a 1943 silver penny worth?
In the early 1940s, the United States mint produced silver pennies because copper was needed for the war effort. These pennies are actually steel coated with zinc. They are worth about fifteen cents if they have been in circulation.
