Is this Penny made out of gold? Is it referred to as a penny or is it called something else? Do alot of people collect these? Thanks for any info. Legg's
Correctly speaking it's a "cent" (look at the back), not a "penny". But "penny" is the term commonly in use.
no, it is 95% copper, 5% tin and zinc it is technically a cent, an indian head cent to be exact, but is commonly referred to as a penny yes
Here's an older thread you might enjoy: Finest Known Indian Head Cent Struck In GOLD On A $2½ Planchet and another: Indian Coins Struck on Wrong Metal?
:rolling: that was close i thought you were going to post a past thread when i paid to much for a gold plated coins.opps you did not see this. to the op dont feel bad that its not worth what you thought but we have all done this at some time or other.and yes people do collect them. dave
What you have there appears to be a normal Indian Head Cent that was plated with gold. The 1895 is a common date and without the plating it would probably be worth a few dollars. With the plating, the coin is considered "damaged" by traditional coin collectors and worth less (but not worthless ). The Indian Head Cent is highly collected but plated examples really aren't. I suspect this coin is worth $1 at the most. But, it is interesting and cool...so that alone makes it a fun coin to own. To me fellow CTers: It's amazing to me that more posts in this thread are about the cents vs. penny discussion and not about the actual question. People call cents "pennys," it's a common nickname in this country. Why can't you guys get over, and stop being snobs. This a great way to chase away new members from our community. Whenever I see this brought up in a thread by a new member...it always really irritates me and it happens way too often.