Interesting 1987 penny

Hi Everyone. New to the forum. I recently found an interesting 1987 penny that seems to have extra copper (cud) on the reverse. Maybe due to oil. Looks better than in picture. Would it be worth anything? Thanks.

 

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Hi and WELCOME ,

A CUD is a die break that involves part of the edge of the coin and the shank of the die. That would result in a large raised "blob" of metal that involves the edge of the coin.

On your coin, the rim is intact so it wouldn't be a CUD.

Your coin exhibits what is known as "environmental damage". That terminology is used to describe something that is added or removed from the coin by means such as corrosion or a chemical reaction. We often use it to describe corrosion effects, for example on coins that have been found by people using metal detectors.

While this coin may not have been dug up, it is the victim of a form of damage.

It has no value other than one cent.

Thanks,
Bill

 

Thanks!

Thanks for the info Bill. I appreciate you looking at it. Since I am new to collecting that will be one less question to ask in the future. :goofer:

Thanks again,

Robert

 

:hail:Welcome to the forum robsurf. Keep them coming.

 

Welcome to the forum but stand back, someone is about to blast you for using the "P" word.

 

I am new also what is the "P" word?

 

Ah, I believe that penny and cent are synonymous.

 

The Newbie gets a break :thumb:

 

Some here take great offense to the use of the word "Penny" when referring to the U.S. One Cent coin. It is officially a "Cent", although the U.S. Mint itself uses the word penny in some of its writings.

 

robsurf/ice welcome to CT and don't worry too much about the "P" word we can't eat you. Well most of us won't.

 

A penny was a British unit equal to 1/12 of a shilling which was the equivalent of 1/240 of a pound, used as a monetary unit. When Great Britain changed to a decimal based system, the Penny became the equivalent of 1/100 of a pound.

In the U.S. The Cent is 1/100 of a dollar.

So technically, we do use a cent as a monetary unit and not a penny.

The word penny over time has indeed changed and is interchangeable with the word cent. This at least gives you the history behind it, to a point.

Collectors of British coins use the word penny and purist collectors of U.S. coins will use the word cent.

The word Penny is so common in United States numismatic culture that I have a box marked PENNIES and each wrapper in the box is marked PENNIES even though they really are cents

Thanks,
Bill

 

Thanks for the answer I guess you are correct we do use a cent and not a penny. I quarter says quarter and a cent says one cent. Ice

 

LOL..too funny Glad I never said the word.