| Author |
Replies: 13 / Views: 1,229 |
|
|
New Member
United States
7 Posts |
Guys.. gals... I'm at a loss of words and I don't even know where to start.. I was coin roll hunting, pennies of course.. and.. well.. here it is.. weighing in at 2.78 grams. And yes my scale is accurate.  
|
|
|
|
Pillar of the Community
United States
4846 Posts |
It looks like it's been dipped in acid to me
|
|
Bedrock of the Community
 United States
12477 Posts |
 or corrosion from acidic soil over many years. Either would explain the appearance and low weight. 
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
|
|
Bedrock of the Community
United States
10982 Posts |
2.98 grams was the low end of tolerance so your coin is 0.20 grams under that. To say that the pictured coin, circulated and damaged, is 7% under minimum allowable tolerance seems reasonable.
Coins lose weight, unlike us they don't gain weight.
|
|
Bedrock of the Community
United States
74226 Posts |
It was dipped in acid, causing the coin to get thinner in size (that's why it's lighter than a normal one). It's worth Copper melt value now, since it's a cull coin.
Errers and Varietys.
|
|
Bedrock of the Community
 United States
12477 Posts |
Quote: It's worth Copper melt value now, since it's a cull coin. I am more inclined to say it is worth one cent in commerce, because melting one cent coins is illegal in the U.S. That's why hoarding 95% copper cents is a speculative investment at best.
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
|
|
Bedrock of the Community
United States
74226 Posts |
I know it's illegal. That's why I don't do it, but I do keep the cull coins, because of their melt value. Someone else can melt them, and if they get in trouble, I would have nothing to do with it, since I wouldn't be the one melting it. 
Errers and Varietys.
|
|
Bedrock of the Community
 United States
12477 Posts |
Quote:Someone else can melt them, and if they get in trouble, I would have nothing to do with it, since I wouldn't be the one melting it.  Hmmm... that reminds me a bit of a man called "Scarface." I suggest extra protection for your accountant.  In reality, what I mean is that "copper melt value" has no bearing on actions when it involves coins. They cannot legally be melted for metal content, so the value doesn't matter. Nickels, on the other hand... 
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru 08/23/2018 03:00 am
|
|
Rest in Peace
United States
18456 Posts |
Quote: That's why hoarding 95% copper cents is a speculative investment at best. I totally agree . 
|
|
Bedrock of the Community
United States
74226 Posts |
Quote: In reality, what I mean is that "copper melt value" has no bearing on actions when it involves coins. They cannot legally be melted for metal content, so the value doesn't matter. I get your point now.  I still keep any Wheat Cents I find, despite if it's a cull coin or not. 
Errers and Varietys.
|
|
Pillar of the Community
United States
8715 Posts |
Acid dipped coin. Not a mint error.
|
|
Bedrock of the Community
United States
17884 Posts |
Quote: Nickels, on the other hand... Nickels are illegal to melt too.
|
|
Bedrock of the Community
 United States
12477 Posts |
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru 08/25/2018 02:37 am
|
|
Bedrock of the Community
United States
17884 Posts |
|
| |
Replies: 13 / Views: 1,229 |
|