Discussion in 'What's it Worth' started by The Goldeneye, Jan 8, 2012.
Log in or Sign up to hide this ad.
Any estimate of value would be a mere guess; unlike most other coins there are no public auction records, largely because the piece is of questionable legality. If the privately owned piece were completely legal to own, I'd consider $100,000 an absolute minimum value, with $250K-$500K more likely.
It would still have a value today by private treaty of course, but the price would be a fraction of what it could be if it were completely legal to own.
If you think it was the treasury / mint's fault, that seems wrong. The samples were 'loaned' to the politicians on the committee that had to approve them if they were to become the defacto cent. Most were returned, but some politicians did not return theirs. Blame them.
It goes down as one of the lesser crimes that congressman have committed.
Is this kind of like Putin and the ring of power?
Well we got someone who watches the Daily Show. Yay!
One cent to find them,
One cent to bring and in aluminum bind them.
6 to 10 years.
"In the February 20, 2001, edition of Numismatic News, Alan Herbert reported the existence of an aluminum cent. It was attributed to US Capitol Police Officer Albert Toven, who had found the coin dropped by an unnamed US Congressman on the floor of the Rayburn Office Building. When the officer attempted to return the coin to the congressman, thinking it was a dime, the congressman told him to keep it. This example was graded and certified by the Independent Coin Grading Company as “About Uncirculated-58” in 2005, but later certified as Mint State 62 two months later by the Professional Coin Grading Service."
It's Awesome Can Contact Me By ( EDITED)PM once you have 10 normal posts.
Do not use email or other contact means in public.
If it is the size of a nickel, it has been hammered between 2 leather belts
to increase the size.
Show a photo of the coin next to a penny and a nickel. Both sides.
If you’re going to peddle an “aluminum penny,” please go away and don’t come back.
Separate names with a comma.