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<p>[QUOTE=&quot;cladking, post: 4214361, member: 68&quot;]Well...</p><p><br /></p><p>I&#039;ve taken to calling anything before 1974 a &quot;one cent coin&quot; and everything after a &quot;penny&quot;.&nbsp;&nbsp; There was no longer any value to pennies after 1974.&nbsp; This was when they were going to start making them out of aluminum because copper was too expensive.&nbsp; I guess the 1974 lg dt was the last circulating one cent piece and the sm dt was the first penny. </p><p><br /></p><p>I suppose this doesn&#039;t cause me to hate the pennies themselves but rather the thinking and waste they represent.&nbsp;&nbsp; And, of course, deficit spending has erased the value of all one cent coins that have no numismatic premium.&nbsp; Even a nice Gem 1962 penny has no value because it is too common.&nbsp; You have to get to choice Gem before it has a premium. </p><p><br /></p><p>So this means better than 95% of all &quot;pennies&quot; in existence are just worthless slugs and 95% of the remainder have value only because a lot of people hoard &quot;wheaties&quot;.&nbsp; Very few &quot;pennies&quot; have actual value and I love all of these from a well worn &#039;09-S vdb to a Gem 1984 with nice surfaces and no spots.[/QUOTE]</p><p><br /></p>

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