Expert: PAPAJACK - 9/1/2009

Question
Hi Papajack.
Thanks in advance for taking my question. I have a 1955 d steel coin in excellent condition. No one seems to know anything about this. It is a wheat penny and is not attracted to a magnet. Any ideas about origin or value? Thanks, Paul. P.S. I also have a 1958 d in somewhat worn but good condition.

Answer
Hello Paul,                 

Sorry but this sounds like a fake coin. Possibly it is just a regular copper cent made by a plating shop.
If it was steel it would stick to a magnet.

Your description leads me to think it is plated with another metal. Copper takes plating well but if you magnify the (fillet’s) area where the raised lettering is you will find a build-up of the plating material.
Plated coins like this are worthless to true coin collectors. Most coin shops and all coin Shows Large or small will have people knowledgeable enough to identify this piece for you at no charge.

This is not unusual. You might be able to see if yours has been altered by plating with a magnifier and a good light source.

A cent should weigh 3.11 grams and measure 19 mm in diameter. If it is the right size and weight I can help you find a coin person in your area if you write me back.

Thank You and Good Luck

PapaJack