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1974-P Aluminum Cent

 
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Author Previous TopicReplies: 12 / Views: 541Next Topic  
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 Posted 05/25/2020  03:06 am Show Profile   Bookmark this topic Add shtudentt to your friends list Get a Link to this Message
it been found during roll searching
weight 1.1 gram
i know,that"s good to be true,..most likely its fake...
but ,still interesting find
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United States
138 Posts
 Posted 05/25/2020  03:10 am  Show Profile   Bookmark this reply Add hybrid to your friends list Get a Link to this Reply
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 Posted 05/25/2020  03:16 am  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply

They are illegal to own, so pass on it.
Richard S. Cooper
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United States
34075 Posts
 Posted 05/25/2020  08:11 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Who in their right mind would have ICG grade that?
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
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 Posted 05/25/2020  09:40 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
OP - pics please!



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Canada
840 Posts
 Posted 05/25/2020  11:34 am  Show Profile   Bookmark this reply Add GMS5 to your friends list Get a Link to this Reply
yes, pic's from OP please.
Edited by GMS5
05/25/2020 11:35 am
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 Posted 05/25/2020  8:21 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Pictures or it didn't happen. A bit on the heavy side but believable.
Gary Schmidt
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 Posted 05/25/2020  9:53 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply


to the CCF!
ša va bien aller
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 Posted 05/25/2020  10:40 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
That cent were confiscated by the US government before going to Heritage Auction, if my memory serve me correctly.

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
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 Posted 05/25/2020  10:44 pm  Show Profile   Bookmark this reply Add jpgrajek to your friends list Get a Link to this Reply
Wow! As of 2014 the estimated population is 12 to 14. It is technically not illegal to posses or sell the coin but if the U.S. Mint shows up and asks for it back it would be illegal to not hand it over; it is U.S. Mint property and must be returned on demand. A congressman tried to sell one at public auction in 2014 and the U.S. mint intervened and the coin was returned. Albert Toven, a capital police officer saw a congressman drop a 1974 Aluminum cent at a capital building and tried to return it to the, unnamed, congressman who thought it was a dime and said Toven could keep it. Toven had it graded. The initial grading was AU-58 but PGCS regraded it as MS-62. Then in May 2020 A picture of the Toven coin was posted in a thread on CCF and the rest is history.

I just saved everyone a trip to Wikipedia and looking up some of the references. Moral of the story - Do not take wooden nickels or aluminum pennies.
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 Posted 05/27/2020  10:33 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
That cent were confiscated by the US government before going to Heritage Auction, if my memory serve me correctly.

You are thinking of the 1974 D aluminum cent. No 1974 philadelphia coin has ever attempted to go to auction and the government, although laying claim to it as being government property, has never actually tried to recover the Toven coin.


Quote:
A congressman tried to sell one at public auction in 2014 and the U.S. mint intervened and the coin was returned.

If Wikapedia said that then I believe they are wrong. The 1974 D that was being put up for auction was not owned by a Congressman, it was the son of the man who was head of the Denver Mint in 1974 (They used to call them Superintendents, I believe they have a different title now.)

The one in the Smithsonian did come from a Congressman in a way. Congressman was retiring and an aide found the coin in his desk while cleaning it out and sent it to the Smithsonian. Of the 10 or 12 that were not returned to the Mint after they were shown to the committee, only the Smithsonian and Toven pieces are known.
Gary Schmidt
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 Posted 05/27/2020  1:24 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Condor101 is a living encyclopedia!

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 Posted 05/27/2020  1:37 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply

Quote:
If Wikapedia said that then I believe they are wrong.

It does not -- it says what you did, more or less.
Working on: Indian quarter eagles, Chinese pandas, and San Francisco tokens; upgrading my Peace dollar and US Type sets

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