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Coin and Paper Money Collecting/1983 Lincoln penny
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Question
I was going through my collection of wheat pennies, all gathered in loose change, when I came across what certainly looks like some kind of error. I thought I had 4 1943 steel pennies, but I have 3 and a 1983 that looks like steel. Obviously it isn't, it isn't magnetic. But it definitely has a steel look. It appears the that the copper plating flaked off. The coin itself is in fair condition. I can read all the inscriptions, some of Lincolns hair and beard is detailed, the steps of the Memorial can be seen, but only faintly. Could it be that this wasn't plated ever? How would I know, and would this make it a valid mint error?
Mike,
Yes it sounds like you have an unfinished planchet error.
In mid-1982, the composition of pennies was changed from mostly copper to mostly zinc with a thin outer copper layer. This zinc you see is what makes it look like one of the 1943 zinc-coated steel pennies.
This error is actually relatively common. These sell at coin shows for a dollar or two.
I hope this helps,
Dan
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Answers by Expert:
Dan Moore
Expertise
My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.
Experience
I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.
Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814
Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm
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