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1974-P Aluminum Cent

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shtudentt's Avatar
United States
738 Posts
 Posted 05/25/2020  03:06 am Show Profile   Bookmark this topic Add shtudentt to your friends list Get a Link to this Message Number of Subscribers
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
Valued Member
United States
203 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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coop's Avatar
United States
62064 Posts
 Posted 05/25/2020  03:16 am  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
1974-P-Aluminum-Cent
They are illegal to own, so pass on it.
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John1's Avatar
United States
56855 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
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Coinfrog's Avatar
United States
94367 Posts
 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!



to the CCF!
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GMS5's Avatar
Canada
1527 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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Conder101's Avatar
United States
17884 Posts
 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.
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merclover's Avatar
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10635 Posts
 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!
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macmercury's Avatar
United States
5823 Posts
 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.
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jpgrajek's Avatar
United States
136 Posts
 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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Conder101's Avatar
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17884 Posts
 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.
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macmercury's Avatar
United States
5823 Posts
 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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Alpha2814's Avatar
United States
2023 Posts
 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.
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United States
182 Posts
 Posted 08/19/2020  3:17 pm  Show Profile   Bookmark this reply Add coin searching to your friends list Get a Link to this Reply
I want to know how the son of the head of Denver US Mint and a Congressman end up owning coins that are illegal to have.
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Conder101's Avatar
United States
17884 Posts
 Posted 08/19/2020  4:48 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Who in their right mind would have ICG grade that?

Don't worry, it was later sent to PCGS who raised the grade from AU-58 to MS-62.

It's too bad the OP never came back to tell us anything else about their coin.
Edited by Conder101
08/19/2020 4:50 pm
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John1's Avatar
United States
56855 Posts
 Posted 08/20/2020  04:44 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
it is U.S. Mint property and must be returned on demand

Isn't all coins and currency the property of the U.S. government? So they came come to my house at anytime and take all my coins and currency?
John1
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