Blank cent found at a lowes!

Well then how about a Silver Cert

And you can't even get taco bell to take Ike's and Susan B's.

 

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The Coinage Act of 1965 recognizes every coin and note produced by the US Government as having legal tender status. But since those coins all have collector value far in excess of their miniscule face value, why would anyone even attempt to spend them?

 

Of course you can. Most people know what an Ike or an SBA is, the occasional employee might not but someone there will. There was that stupid (and questionably true) story about taco Bell not taking a $2 bill and ultimately the police being called because it was "fake" because the "US never made a $2 bill." I personally never believed that story.

 

That's what I was talking about...thought there was an Ike in there too though lol

 

I think monitary value and collecting value are at two opposite ends of the spectrum. It is definately a nice score for your collection.

 

you should not be eating taco bell.. not good for the system.. lol

 

I have heard several different versions of the story...but I think the original was a $2 bill. Either way, I don't think it's a true story.

 

Uh oh, now I'm really in trouble, because I don't think CamaroDMD has ever once agreed with anything I've ever said! I hope there's an appeals process in these forums.

 

...I'm sure there was one time we were on the same page.

 

Also, FYI

A ty 2 blank, that is: it has an upset rim.

 

I'd definitely keep it, too! While Fred Weinberg doesn't list any blank planchets for cents, he does have an SBA blank planchet for $125. I would say that it is certainly worth more than a couple of bucks, but perhaps not enough to warrant cetification.

Chris

 

Only one?

All kidding aside, congrats! :hail:

 

I didn't realize that they were different types. So, I assume a complete flat planchet is a type 1?

Thanks. :thumb:

 

I read that it ceases to be a blank once it has an upset rim. It then becomes a planchet.

Chris

 

Nice find :thumb:

 

That's right. Blanks are flat with no rim because they have only been punched out of the sheet of metal. These are Type 1.

Blanks are fed into an upset mill that squeezes the blanks along the edge and imparts a raised rim. Once the blanks have a raised rim they are known as planchets. These are Type 2.

 

Cool, I did not know that the name changed with the type, and also, I know I already said this, but getting it certified for 10 bucks by ANACS wouldn't be too bad eventually, it is in really good condition for a planchet.

 

The planchet-making process for Cents is a bit different. Zinc is rolled out into a sheet and the blanks are punched out and then the blanks are fed into the upset mill to raise a rim. This is where things are different - - - After the rims are raised (at which time the blanks become planchets) the planchets are plated with copper.

 

Didn't the mint used to sell blank cent planchets as part of their "youth collector" sets? I know my six year old has one that he got from a kit (which I think was remments of that set).

 

I agree a cool find.

One minor note, this planchet is different than an old denomination. I would not consider this piece to legally be a coin since it has not been struck with a mark of value. This is why its not the same as spending a half cent or three cent piece. Any coin in the US is legal tender, but this is not yet a coin. Therefor, if you gave them to someone they would have no obligation to accept them for 1 cent, and feeding this into a vending machine technically would be illegal since you are only supposed to use coins in vending machines.

I know, small silly point, but just thought I would point it out.

Chris