Should not be steel. Worth a few cents at best.
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3 different coins, not steel, no mark
M
Marc's Expert Appraisal
ANA-Certified Numismatist · Hudson Valley Numismatics
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Two 1884 silver dollars
If uncirculated these are perhaps $30 each. However they may be over-graded
It was stamped wrong, Errors
From our "What's My Treasure Worth" tutorial, at the top center of hvcoins.com: Most of the “error” coins people ask us about…
can you tell me anything about this coin???
It looks counterfeit. I don't know why you would do this with a cent but I've seen these recently.