Steel Pennies - have a question or two

tenseventyfive

Full Member
Apr 25, 2010
131
1
Ok so while my boxes haven't been great of late (though I hit a recent 10 40% + 1 WL box last week), the magnets in the dump machines have yielded quite a bounty in foreign coins - Im amazed when I find $2-5 in pounds or euros just stuck there. I know theyre difficult to turn in but once I fill a coffee can with each of the most common, valuable ones I find (canadian, pounds, euros) Im sure a currncy exchange place will be willing to cash them in. But thats besides my point - I recently found 3 steel pennies on a magnet. My questsions are this:

1) Is there some way to clean them that wont damage the coin? Would cleaning these affect their value? What method should I use?

2) DO they have any value? 2 look in nice shape but the third is rather banged up. I figured to give them their own little can until there's a bunch, if it's worth the time to do.

Thanks for the help!


:coffee2:
 

Upvote 0
Don't clean them. There's no real value to them unless you can find doubled dies or other varieties. Just do what I do, save em.
HH
enamel7
 

Since most currency exchanges(all?) won't deal with change, I've heard the best bet is to put them on ebay and you'll get close to their face value minus shipping.
 

conpewter said:
Since most currency exchanges(all?) won't deal with change, I've heard the best bet is to put them on ebay and you'll get close to their face value minus shipping.

The best plan I ever heard was right here on this forum. Someone here in the US found a coin shop in Canada that would accept coins through the mail as payment. I'm sure a European shop willing to do the same could be found as well. It'll cost you a little $ for shipping, but since the coins were free, you could buy some nearly free foreign silver (or gold, or whatever you wanted).
 

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