Check out this Wheat cent. super thin and super small. Its the size of a dime but obviously copper. They didnt have clad dimes back then so I don't know what could be going on here. any clue? I have it compared to a modern dime and another Wheat cent. SEE HOW THIN IT IS?
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Pennies were filed/sanded down to the size of dimes to fool candy machines. Either that or it was acid dipped. Given how pitted it looks and how it's trapping dirt I am going with acid dipped.
Back in the 40's the US Mint was also striking coins for other countries. So your coin COULD be struck on a planchet sized for another country's coin. Ask here: https://www.cointalk.com
Joining is free. Be ready with as much info as you can get (date, mintmark, weight, diameter, thickness) AND with a very good image
I agree with the acid dipped issue for this coin. On an acid dipped coin the rims are the first to go. The acid reduces the same amount, leaving the design weaker and the metal on the rim get reduced in a larger way. From the top and bottom and the edge also.
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