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Salvation Army Wheat Penny Token  

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United States
142 Posts
 Posted 03/12/2012  7:45 pm Show Profile   Bookmark this topic Add unfamiliar to your friends list Get a Link to this Message
I talk the american good, so I'm able to understand that it's a token from the salvation army for some emergency women's committee in 1930 and it has a Wheat penny in it.

That much I get.

But Google has turned up blank for what sort of event this was, and if this token is worth keeping in tact and if it would bring in any sort of value beyond that of the Wheat penny.

Opinions welcome. :)

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12709 Posts
 Posted 03/12/2012  8:42 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
It's a class of object known as a "lucky penny" or "pocket piece". You can find them with all sorts of designs and motifs, from all sorts of groups. They were first made in the late 1800s / early 1900s once aluminium became cheap, they became very popular in the Depression era, and people are still making them today. You can even find foreign examples; I have seen British ones which use a farthing rather than a British penny, which is much larger than an American cent.

While the coin in the middle is genuine, the sad thing is that the coin has most likely been damaged in the process of getting it in there; the press flattens the rim of the target coin, to give the aluminium ring something to grab onto. So if you were to attempt to extract the coin out of the aluminium ring, it would look something like this.

As such, it's value is as a collectable medal, in and of itself, rather than the value of the coin it contains. I'm not sure what the current market value for such pieces is in America these days, nor if this particular piece is more sought after than others. As a general rule, pieces with dates on them like this are worth more than undated examples. Yours also appears to be in excellent condition.
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United States
12425 Posts
 Posted 03/12/2012  9:08 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
That is an Encased Cent, aka "lucky penny". It appears to be in excellent condition, the aluminum ring is bright with no corrosion and the coin looks to be uncirculated or nearly so. Given the condition, I would say it could be worth $10-20 or even a bit more.
ANA R-3151318
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