Hi there, I am new to the forum and I am wondering about a penny I have. It is from 1972 and it is silver color all the way thru and top and bottom. Can anyone tell me if this is worth anything? Thanks so much! Evey
Welcome to CT. I can definitely tell you that it is worth exactly one cent U.S. It is probably electroplated with some silver colored metal. People do this to coins quite often. I hope you haven't quit you job yet. You can feel free to ask about any coin you have in this forum. It's the only way to learn and people are pretty nice.
hahaha.....no I didn't quit my day job yet, I can't, I am a stay at home Mom!!! Thanks for your opinion! I appreciate it.
LOL that's one job you can't quit. I know, I'm a stay at home dad. Again welcome and keep those questions a comin'.
You might want to post a photo or at least get a weight on the coin.....I say MOEN is right but there are such things as....Unplated cents...and cent struck on dime planchets. Speedy
Thats true Speedy but she said it was silver on the edges and a dime plachet would show a copper edge.
True....BUT one of the cents struck on a dime that I saw had spread so much to fit in the cent collar that the clad layer had like folded over the copper......this might not happen on all but I thought it was worth a chance.... I understand that one of the 11-cent coins I saw was found at a bank uptown by one of the workers and it was selling for a nice bit. Speedy
What condition would you say that coin is in. If in really nice condition, it may well be a coin just plasted with something. If Silver and at prices of Silver it could be worth as much as .02 cents. However if it shows signs of wear and the Silver color has been maintained it may well be a coin struck on a different material by the Mint.
Remember, it's a 1972 cent. The odds of a silver planchet getting into the presses is about 0% since silver was not being used in coins for circulation. Plated cents didnt come into use until 1982, with the exception of those struck in 1943 , so that's not likely. There is an outside chance that it is a cent struck on a dime planchet, but it would be the same color as a dime, sorta gray and you would probably see the copper on the edge. The strong likelihood is that it was plated as a part of a science experiment or by a company creating novelty items. I have many gold plated and silver plated coins that were made by companies to sell for big bucks even though they were worthless. Have Fun, Bill
silver penny I too have found a 1982 silver penny,however as yet I havent taken the time to weigh it. It too does not seem to be clad.It maybe plated or something else?sorry i dont have picture of it....
As of April 24, 2006, the price of copper is $3.15 per pound and zinc is $1.50 per pound. At these prices, the pre-1982 copper cent contains 2.03 cents worth of copper metal; it is now potentially profitable to melt them down. Presumably with the rapid rise in price for zinc (more than doubled in the last six months), the US Mint will have to find another alternative. Just the scrap zinc in a cent is worth 0.9 cents. With the costs of manufacturing and distribution, the net cost to produce one cent is about $0.0123, significantly higher than the face value of the coin. http://en.wikipedia.org/wiki/Cent_(U.S._coin) The coin that you have, does it look like the coin in this picture? This one has a coating on it, I kept it around for almost 20 years now and it just paid for itself.
Jim, How did you determine it had a coating on the penny? Did you send it in? Or, you know from education? Sounds like you know what you are talking about. I would like to know how you could tell it was coated....Thank you, Girldly
I also have a 1972 silver penny, I've had since childhood. There is no D underneath the year. I have no idea the value however it is one in my collection I'm curious about.
