Counter-stamped 1975 Lincoln penny - who and why would they do this?

Discussion in 'What's it Worth' started by H8_modern, Feb 22, 2011.

  1. H8_modern

    H8_modern Coin addict

    IMG_5540.1.jpg Found this roll searching and have never seen it before. Outline of South Carolina with SC inside. Wondering if anybody knows who did it and why. IMG_5538.1.jpg IMG_5537.1.jpg Otherwise a wholly unremarkable penny. Thanks for your thoughts.
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Can't remember who did it, but they are as common as dirt. Made them with every state stamped in on the coins if memory serves. It was a private company.

    As to why they did it, they did it to make a profit. They knew that there would be people who would buy the things for waaaaaaaaaaaay more than they cost to produce. Just like all the other junk they sell today.
  4. H8_modern

    H8_modern Coin addict

    Thanks - I knew it wasn't worth anything - I was just curious about the story behind it.
  5. lincolncent

    lincolncent Future Storm Chaser Guy

    I have the whole set of 50. Two of mine are '75's and the rest are '76. A company whose name I can't recall made them for the bicentennial. Current value is around 15 bucks if you can find somebody that wants them.
    Looking at that one, the stamp much farther north/west on the coin than on mine. Not that there were any guidelines.

    edit: That $15 is for the set. Not individually. Figured I'd need to say that.
  6. USS656

    USS656 Moderator Moderator

    Yep, I found a West Virginia cent a couple years ago.
  7. 1066merlin

    1066merlin ANA#R3157534

    I have found a couple of those as well while roll searching and I always keep them. I have to check but I think I have the Easter Bunny somewhere. If I can find it I'll post a picture for you.
  8. 1066merlin

    1066merlin ANA#R3157534

    Here is one I found a few weeks ago

    Attached Files:

  9. H8_modern

    H8_modern Coin addict

    Thanks for the info guys. It seems like a strange practice to stamp pennies but that was the decade that brought us pet rocks so why not.
  10. Conder101

    Conder101 Numismatist

    They still make them. So far in the past year two collectors in the local club have brought in full sets of the states one on 2000 cents and one on 2008 cents.
  11. beanz

    beanz Junior Member

    I have a 1973 penny with a second head stamped into it
  12. lincolncent

    lincolncent Future Storm Chaser Guy

    Kennedy?
  13. adam1

    adam1 New Member

    Does it look like this?? lincoln kennedy 013.jpg
  14. Skyler

    Skyler New Member

    Do you find these in pocket change? Even though there worthless they look cool
  15. Jim M

    Jim M Ride it like ya stole it

    They sell individually actually for $1.00. I just sold about 20 of them to a guy that is for whatever reason hoarding them. He said the Hawaii was the tough one and he got one from me. I have found them over the years in change, rolls whatever. Seems I recall a board that the company had that came out and you could get a subscription or something and get 2-3 a month and fill the board.. They are common and the Kennedy one is everywhere. They came with a little cardboard insert that told the similarities between Lincoln and Kennedy. Assassinated, important dates etc.. Pretty neat information but stretching things a little.
  16. lincolncent

    lincolncent Future Storm Chaser Guy

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