I found this a couple of years ago and held onto it. Don't know what the story is, but someone told me it was somewhat rare. Someone else told me at was worth, at best, three cents. Can't seem to find anything about it on the web, so I thought I'd post a link to picture here: The Coin in Question Probably nothing, but I'm curious. Any thoughts?
More common than you think In 1970, I electroplated about fifteen pennies at a jewelry store a friend of my father owned. I was facinated by the process. All came out beautifully gold, and all were used in change after I lost interest. They were 14 K electroplated.
Speedy, just because you wouldn't pay more than face value for it doesn't mean it has no additional value. these things sell all day long on eBay for a few dollars each ($3-$15 depending on who happens to be sniping at any given time). I agree that they have no numismatic value, but the market has spoken and they DO have some collector value as an oddity. As an aside, I know people who collect Chucky Cheese tokens and others who collect other "worthless"-to-me things, but just because I couldn't care less, doesn't make them truely worthless. JoeyToyota-I am making a point to Speedy, but his answer is the correct numismatic answer. To a coin collector, your coin has been permanently damaged and it will never have any value above face value, but...if you would like to take advantage of someone on eBay, then sell it there and you will get a few dollars for it.
Let me re-word my post... It had NO value...you might get someone to pay more than 1 cent for it but that doesn't mean that it is worth that. You may pay $25 for a gallon of milk but that doesn't mean thats what its worth...it means that you were nuts enough to pay it. But your right...I should have said it in another way. That is one reason I have never collected errors and things like this...it doesn't make "cents"!! ;--) Speedy
I suspected as much. Actually, the only reason I even thought it was legit was because someone else I knew had one just like it, date and all. I assumed that meant something. Now I assume it just meant that some guy went around my hometown spending electroplated 1964 pennies to try and confuse people such as myself. Anyway, thanks for responding and dashing my hopes and dreams. (Kidding, of course.)