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<p>[QUOTE="Coins777-IGWT, post: 354941, member: 12967"]<font face="Times New Roman">1974 D unknown composition:</font></p><p><font face="Times New Roman"><span style="color: Black">I have heard that during the early 1970s, the price of copper on world markets rose to a point where the metallic value of the cent was almost equal to its face value. The U.S. Mint, which produces billions of cents annually, was faced with a potentially catastrophic operating deficit, due to issues of seigniorage. As a result, the Mint tested alternate metals, including aluminum and bronze -clad steel. A composition of 96% aluminum (with trace elements) The composition was chosen due to its longevity on coin die use, and aluminum's high resistance to tarnishing 1,570,000 examples of the new cents were struck.. Although they were produced in 1973, they were given a 1974 date in anticipation of release into circulation in that year. for stability) was chosen. </span></font></p><p><font face="Times New Roman"><span style="color: Black"><br /></span></font></p><p><font face="Times New Roman"><span style="color: Black"></span></font><font face="Times New Roman"><font size="2"><span style="color: Black">The <b>1974 aluminum cent</b> was a <a href="http://en.wikipedia.org/wiki/Cent_%28United_States_coin%29" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Cent_%28United_States_coin%29" rel="nofollow">one-cent coin</a> proposed by the <a href="http://en.wikipedia.org/wiki/United_States_Mint" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/United_States_Mint" rel="nofollow">United States Mint</a> in 1973. It was composed of an <a href="http://en.wikipedia.org/wiki/Alloy" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Alloy" rel="nofollow">alloy</a> of <a href="http://en.wikipedia.org/wiki/Aluminium" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Aluminium" rel="nofollow">aluminum</a> and trace metals, and intended to replace the predominantly <a href="http://en.wikipedia.org/wiki/Copper" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Copper" rel="nofollow">copper</a>–<a href="http://en.wikipedia.org/wiki/Zinc" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Zinc" rel="nofollow">zinc</a> cent due to the <a href="http://en.wikipedia.org/wiki/Seigniorage" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Seigniorage" rel="nofollow">rising costs of coin production</a> in the traditional <a href="http://en.wikipedia.org/wiki/Bronze" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Bronze" rel="nofollow">bronze</a> <a href="http://en.wikipedia.org/wiki/Alloy" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Alloy" rel="nofollow">alloy</a>. 1,570,000 were struck in anticipation of release, but none were released into circulation. Examples were passed out to <a href="http://en.wikipedia.org/wiki/US_Congressman" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/US_Congressman" rel="nofollow">US Congressmen</a> in a bid to win favor in switching to the new alloy. When the proposed aluminum cent was rejected, the Mint recalled and destroyed the examples. A few aluminum cents not returned to the Mint are believed to remain in existence. One example was donated to the <a href="http://en.wikipedia.org/wiki/Smithsonian_Institution" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Smithsonian_Institution" rel="nofollow">Smithsonian Institution</a>, while another was alleged to have been found by a <a href="http://en.wikipedia.org/wiki/US_Capitol_Police" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/US_Capitol_Police" rel="nofollow">US Capitol Police Officer</a>. Since the <a href="http://en.wikipedia.org/wiki/United_States_Secret_Service" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/United_States_Secret_Service" rel="nofollow">United States Secret Service</a> is tasked with the seizure of any specimens, the legality of the coins is in doubt.</span></font></font></p><p><b><font size="1">From Wikipedia</font></b></p><p><br /></p><p>The coin on the right is approximately 3.5g and is not magnetic so it is not <font face="Verdana"><span style="color: Black">aluminum nor is it </span></font><font face="Verdana"><span style="color: Black">clad steel. Any Ideas ?</span></font></p><p><font face="Verdana"><span style="color: Black"><br /></span></font></p><p><font face="Verdana"><span style="color: Black"></span></font>[/QUOTE]</p><p><br /></p>
[QUOTE="Coins777-IGWT, post: 354941, member: 12967"][FONT=Times New Roman]1974 D unknown composition: [COLOR=Black]I have heard that during the early 1970s, the price of copper on world markets rose to a point where the metallic value of the cent was almost equal to its face value. The U.S. Mint, which produces billions of cents annually, was faced with a potentially catastrophic operating deficit, due to issues of seigniorage. As a result, the Mint tested alternate metals, including aluminum and bronze -clad steel. A composition of 96% aluminum (with trace elements) The composition was chosen due to its longevity on coin die use, and aluminum's high resistance to tarnishing 1,570,000 examples of the new cents were struck.. Although they were produced in 1973, they were given a 1974 date in anticipation of release into circulation in that year. for stability) was chosen. [/COLOR][/FONT][FONT=Times New Roman][SIZE=2][COLOR=Black]The [B]1974 aluminum cent[/B] was a [URL="http://en.wikipedia.org/wiki/Cent_%28United_States_coin%29"]one-cent coin[/URL] proposed by the [URL="http://en.wikipedia.org/wiki/United_States_Mint"]United States Mint[/URL] in 1973. It was composed of an [URL="http://en.wikipedia.org/wiki/Alloy"]alloy[/URL] of [URL="http://en.wikipedia.org/wiki/Aluminium"]aluminum[/URL] and trace metals, and intended to replace the predominantly [URL="http://en.wikipedia.org/wiki/Copper"]copper[/URL]–[URL="http://en.wikipedia.org/wiki/Zinc"]zinc[/URL] cent due to the [URL="http://en.wikipedia.org/wiki/Seigniorage"]rising costs of coin production[/URL] in the traditional [URL="http://en.wikipedia.org/wiki/Bronze"]bronze[/URL] [URL="http://en.wikipedia.org/wiki/Alloy"]alloy[/URL]. 1,570,000 were struck in anticipation of release, but none were released into circulation. Examples were passed out to [URL="http://en.wikipedia.org/wiki/US_Congressman"]US Congressmen[/URL] in a bid to win favor in switching to the new alloy. When the proposed aluminum cent was rejected, the Mint recalled and destroyed the examples. A few aluminum cents not returned to the Mint are believed to remain in existence. One example was donated to the [URL="http://en.wikipedia.org/wiki/Smithsonian_Institution"]Smithsonian Institution[/URL], while another was alleged to have been found by a [URL="http://en.wikipedia.org/wiki/US_Capitol_Police"]US Capitol Police Officer[/URL]. Since the [URL="http://en.wikipedia.org/wiki/United_States_Secret_Service"]United States Secret Service[/URL] is tasked with the seizure of any specimens, the legality of the coins is in doubt.[/COLOR][/SIZE][/FONT] [B][SIZE=1]From Wikipedia[/SIZE][/B] The coin on the right is approximately 3.5g and is not magnetic so it is not [FONT=Verdana][COLOR=Black]aluminum nor is it [/COLOR][/FONT][FONT=Verdana][COLOR=Black]clad steel. Any Ideas ? [/COLOR][/FONT][/QUOTE]
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