74 aluminum

Discussion in 'What's it Worth' started by dadscoins, Mar 25, 2008.

  1. dadscoins

    dadscoins New Member

    I've been reading alot about the 1974 aluminum penny... no one ever really put a value on it?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Hobo

    Hobo Squirrel Hater

    I think it is illegal to own one. For that reason it it would not have a value.
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    Howdy dadscoins - Welcome to the Forum !!

    If you haven't already, you might want to read what you find here - Great Rarities
     
  5. dreamer94

    dreamer94 Coin Collector

    Thanks for the link.

    Any thoughts about why the treasury would care that much whether a half dozen or so coins ended up in private hands? The only reason I can think of is so as not to set a precedent for future cancelled issues. There would be no incentive for mint employees to sneak them out if they couldn't sell them or acknowledge owning them.
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    There are quite a few coins out there that should be illegal to own, but aren't. There is no rhyme or reason to it - they just seem to make a ruling for some and declare them illegal while with others you never hear a word and they trade in the market openly.
     
  7. General_Godlike

    General_Godlike Dept. of Transportation

    Good link lots of info....Thanks
     
  8. dadscoins

    dadscoins New Member

    HMMM! All of this sounds interesting.. I wonder if any

    political pull could change the status of this coin..

    Could there be a bill passed to allow this coin?... just

    thinking out loud..
     
  9. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    Isn't there one of the 74 Aluminum cents was given to a government official or diplomat and is therefore legal to own that specific example...similar to the one legal 1933 Double Eagle. I thought IGC had graded it.

    I actually found a pic of it on my computer. Maybe the image is fake:

    [​IMG]
     
  10. cesariojpn

    cesariojpn Coin Hoarder

    http://coincollector.org/archives/002708.html
     
  11. dadscoins

    dadscoins New Member

    Sure Looks Like It Would Be The Correct Coin. Maybe Someday It Will Be In Print That These Are Able To Be Brought Out Into The Public.. That Is If Someone Has One!!
     
  12. dadscoins

    dadscoins New Member

    I also wonder if any of these had a mint mark, D maybe?
     
Draft saved Draft deleted

Share This Page