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<p>[QUOTE="girldly, post: 2421940, member: 74386"]All I know is if anyone has a silver color penny, do not waste your time sending it in for them to check out your penny. Our 1972 Penny was sent back. According to the RED BOOK, if a coin is not supposed to be made of a different alloy, they do not recognize it as an unusual or valuable coin. Very disappointing....I have wanted to write the authors/experts and ask, why? They seem to think that someone at the mint purposely minted the penny we own that way, thus, it is of no value. </p><p>My thinking is, gee, when my husband received this coin as a kid, he sure did not contact the mint and order a silver color penny. It was not dipped, coated, etc. It is silver color all the way through it. But, if you look at the RED BOOK...too bad for you. It is apparently made of nickel, which gives it the magnetic properties.</p><p>According to the RED BOOK, they do not take this into consideration. I have not read it in a while, so forgive me if it is not stated precisely, however, that is the basic jest of what we learned.</p><p><br /></p><p>Even after this disappointment, I am more of coin collector than ever. I look at each and every coin I touch... My father left me bags of wheat pennies, I go through them when ever I have extra time. MAYBE I will find a winner in one of his bags....who knows?</p><p><br /></p><p>Best of luck to all of my fellow collectors![/QUOTE]</p><p><br /></p>
[QUOTE="girldly, post: 2421940, member: 74386"]All I know is if anyone has a silver color penny, do not waste your time sending it in for them to check out your penny. Our 1972 Penny was sent back. According to the RED BOOK, if a coin is not supposed to be made of a different alloy, they do not recognize it as an unusual or valuable coin. Very disappointing....I have wanted to write the authors/experts and ask, why? They seem to think that someone at the mint purposely minted the penny we own that way, thus, it is of no value. My thinking is, gee, when my husband received this coin as a kid, he sure did not contact the mint and order a silver color penny. It was not dipped, coated, etc. It is silver color all the way through it. But, if you look at the RED BOOK...too bad for you. It is apparently made of nickel, which gives it the magnetic properties. According to the RED BOOK, they do not take this into consideration. I have not read it in a while, so forgive me if it is not stated precisely, however, that is the basic jest of what we learned. Even after this disappointment, I am more of coin collector than ever. I look at each and every coin I touch... My father left me bags of wheat pennies, I go through them when ever I have extra time. MAYBE I will find a winner in one of his bags....who knows? Best of luck to all of my fellow collectors![/QUOTE]
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