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1974 Aluminum Penny

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Morgans Dad's Avatar
United States
5611 Posts
 Posted 01/07/2009  4:21 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
Till Saturday, please keep us informed, Mike
Bedrock of the Community
United States
10284 Posts
 Posted 01/07/2009  4:30 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Officer Wheezydog reporting in Bobby!
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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 01/07/2009  4:46 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply

Quote:
she took it to the coin dealer back when she found it and she said he said it was silver and there were only a few in existence and she couldn't tell anyone cause of the feds


If a coin dealer saw this coin she must have gotten an offer to sell. Maybe it is just dipped silver and the guy made his own fed movies
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daviscfad's Avatar
United States
4541 Posts
 Posted 01/07/2009  5:17 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply

Quote:
.Wish I could do that!



You can if you play around a little.. It might not be the right way but it works
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 01/07/2009  7:40 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
How bouts 10X face?
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Conder101's Avatar
United States
17884 Posts
 Posted 01/08/2009  12:13 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
she took it to the coin dealer back when she found it and she said he said it was silver and there were only a few in existence and she couldn't tell anyone cause of the feds

As has been mentioned before, most average dealers know nothing about error coins and would not have known how to tell if it was aluminum, silver, or plated. Never trust what a dealer tells you about a possible error coin unless they specialize in errors or you KNOW they are knowledgeable about errors.
Valued Member
madzdad71's Avatar
United States
377 Posts
 Posted 01/12/2009  09:26 am  Show Profile   Bookmark this reply Add madzdad71 to your friends list Get a Link to this Reply
Munch Munch...
The suspense is killing me
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Conder101's Avatar
United States
17884 Posts
 Posted 01/13/2009  1:19 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
They didn't worry about this one....

It has also never been offered at open public auction. When that happens the government learns where it is and has a long lead time to get their act in order. (I was at the 1980 ANA convention sale when the Canadian government stepped in and confiscated several Canadian "errors" that had left the mint without authorization. Only one I remember was a Manitoba commemorative dollar in gold.)
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XavierOfGreen's Avatar
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2589 Posts
 Posted 01/16/2009  10:22 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
It is possible that one of these was spent by a congressman or other official,but the chances are extremely remote. It is much more likely that you would find a bronze plated steel cent in circulation, because according to a Coin World article when these were to be destroyed one of the bags broke open and several were spilled, if these were picked up by private individuals, as the Coin World specimen was, it is possible that an extremely limited number might have been spent if they were mistaken for common cents.
-XoG
P.S.
Id really like to see the Coin World specimen or the toven specimen up for auction someday, 1933 double eagle all over again.
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foundinrolls's Avatar
United States
3507 Posts
 Posted 01/16/2009  10:24 pm  Show Profile   Bookmark this reply Add foundinrolls to your friends list Get a Link to this Reply
What really needs to be done with this post is have a picture posted.

That will tell us much of what we need to know to get a handle on this coin.

Thanks,
Bill
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aluminum penny's Avatar
United States
15 Posts
 Posted 01/20/2009  05:38 am  Show Profile   Bookmark this reply Add aluminum penny to your friends list Get a Link to this Reply
I know of one of this 1974 aluminum cents MAYBE how can you tell the difference between zinc or aluminum. I saw that weight of the coin is one way.
Valued Member
United States
193 Posts
 Posted 01/20/2009  06:47 am  Show Profile   Bookmark this reply Add jewellge to your friends list Get a Link to this Reply
I was reading about this last night. This is from 'A Guide Book of Lincoln Cents' (Bowers).


Quote:

Mint Director Mary Brooks passed out samples, making no statement that they had to be returned. They went to 9 congressman and 4 senators and some went to mint staff. Others went to Treasury officials ..... Brooks sought to have the recipients bring their coins back, but 14 remain. The FBI and others got into the act ... and no more were returned.

Then in 2001 one surfaced and was featured in Numistmatic News. The coins was said to have been found by a Capitol Police officer, Albert Toven, after a congressman had dropped it on the floor of the Rayburn Office Building. Seeking to return it, Toven was told by the congressman to keep it.


One 'Toven', one in the Simthsonian, 12 left. The coin is 40 miles away? I think I'd be there in about 40 minutes!

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Conder101's Avatar
United States
17884 Posts
 Posted 01/20/2009  2:42 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I know of one of this 1974 aluminum cents MAYBE how can you tell the difference between zinc or aluminum. I saw that weight of the coin is one way.

Well first as far as we know they never experimented with zinc cents in 1974 (they didn't come along for anoth 8 years)

Weight is the quickest and easiest test for 74 aluminum cent. An aluminum cent will weigh about 1 gram. One of the bronze clad steel cents would probably be about 2.5 grams, and a regular 1974 cent is 3.1 grams. There is no way you would be able to do something to a real 1974 cent and get it to pass that weight test. The only way someone could fake one and get that weight right would be to make complete fake. Fake dies, fake planchet.
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aluminum penny's Avatar
United States
15 Posts
 Posted 01/20/2009  7:03 pm  Show Profile   Bookmark this reply Add aluminum penny to your friends list Get a Link to this Reply
I had, I mean this person I know has had this penny for about 5 years, got it in some change from gas station in Ohio he put t away with his unusual coins and forgot about it until he got a liberty coin management program and noticed that they showed nothing for silver penny, thats when we started looking up on what he had, and realized that it might be one of those 1974 aluminum cents, we have talked about getting it graded from the same Company that did the other coin.But we are also worried about it being confiscated by the Secret Service so we don't know what to do.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 01/20/2009  7:55 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
snapping a quick detailed picture of the coin could be a first big step so we can see the coin and see if its worth grading or not, you may be worried about nothing at all but pics would atleast be needed to know for sure either way
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