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1974 Aluminum Penny

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 Posted 11/28/2010  7:28 pm Show Profile   Bookmark this topic Add doubleO7 to your friends list Get a Link to this Message Number of Subscribers
Ok, So I have had this for a few years.... I know its real. I have been debating how to handle the coin.... this is the research I have found so far.

in 1973 they struck many different types with different amounts and values of aluminum zinc, etc... when they decided on a clad, they passed out roughly 32 pieces,

I inherited a coin collection from my grandmother in 2000, by collection I mean a Massive tin of about 800 coins. She worked as a waitress for years across the street from the capitol building at a restaurant and as a cashier at a grocery store. Anytime she would get a cool or unusual coin or bill she would save it. This coin was in her jug, it was one of the cool ones she told me about before she passed, she received it within her tip from a group of assumed congress/senators in for lunch.

So I have also researched and found that any known piece will be confiscated so I have placed the coin with someone where I even do not know where it is. I can get it anytime I wish.. lol

My question is, The story from the researching I am doing states that the coin will become legal 100years after the striking, that way if stolen that it will not benefit the person who stole it. Is this true? Is this a coin that I should just pass down to my daughter and when shes 64 years old she can ream the benefits if she decides to sell it?

It was suggested to me by a person who deals with these to seek out a private collector to complete his coin collection. I know it has value how ever if I wanted to move the coin, is it illegal?

I will post a picture of the coin as well



1974-Aluminum-Penny
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 Posted 11/28/2010  7:38 pm  Show Profile   Bookmark this reply Add doubleO7 to your friends list Get a Link to this Reply
any information suggestions would be appreciated!
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 Posted 11/28/2010  7:42 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
So I have also researched and found that any known piece will be confiscated


What is the source of that information?
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vermontensium's Avatar
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16679 Posts
 Posted 11/28/2010  7:46 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
What is the weight? I would also post this in the modern error forum where it belongs. We have many error experts that frequent that forum.
I have also heard of the confiscations of some of the 74 aluminum cents as they were never meant to be an official issue.
swcoin.ecrater.com
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 Posted 11/28/2010  7:51 pm  Show Profile   Bookmark this reply Add doubleO7 to your friends list Get a Link to this Reply
http://www.livescience.com/history/...coins-1.html

Many places, it says since the treasury never "released" the coin, it I property of the treasury and the secret service will confiscate it

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BH1964's Avatar
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 Posted 11/28/2010  8:52 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Can you post close-up photos of both surfaces?
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vermontensium's Avatar
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 Posted 11/28/2010  8:57 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Yes, please.
swcoin.ecrater.com
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 Posted 11/28/2010  9:32 pm  Show Profile   Bookmark this reply Add doubleO7 to your friends list Get a Link to this Reply
Thats as close as I can get it with out it blurring, I'm using my I phone. it is no where near perfect, there are a few scratches. Ill post the best I can
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 Posted 11/28/2010  9:34 pm  Show Profile   Bookmark this reply Add doubleO7 to your friends list Get a Link to this Reply
I can email you better resolution pics, its limiting me to 90kb so the quality is not great,
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 Posted 11/28/2010  9:42 pm  Show Profile   Bookmark this reply Add tennlee to your friends list Get a Link to this Reply
I can't figure where the confiscation/100 year info come from, but if its real gosh it'd be worth a fortune! Good luck!
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BH1964's Avatar
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 Posted 11/28/2010  9:52 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
I can email you better resolution pics, its limiting me to 90kb so the quality is not great,



If you click on my PM icon, you can send me an e-mail. I'd be happy to post your images.
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vermontensium's Avatar
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 Posted 11/28/2010  10:07 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
If genuine, this is an extremely important coin.
swcoin.ecrater.com
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 Posted 11/28/2010  10:20 pm  Show Profile   Bookmark this reply Add doubleO7 to your friends list Get a Link to this Reply
It is not letting me email any one, is it cause I am new? I would like to get to the bottom of this
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Scooby Due's Avatar
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 Posted 11/28/2010  10:46 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Try cropping the picture to the coin, then open them with paint and you can resize them (to like 50%) and save to less than 90K without losing much coin detail.
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BH1964's Avatar
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 Posted 11/28/2010  10:52 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I just sent you an e-mail double07. It might go to your spam folder so check there also. I'd love to see those pics! : )
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 Posted 11/28/2010  11:13 pm  Show Profile   Bookmark this reply Add RollHunter to your friends list Get a Link to this Reply
Forget the pics - weigh it! ;)
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