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<p>[QUOTE="DEA, post: 3168019, member: 90140"]Hello and welcome! From what I can tell, that "new" penny dated 1971 is catalogued as KM# 915. They minted more than 1.5 billion of them. It should weigh about 3.56 grams and have a diameter of 20.32 millimeters. My Kaiser-Mishler (KM) catalog is the 43rd Edition (2015); it lists an extra fine condition of that coin worthy of 15-cents; I would say your coin is probably very fine, maybe a bit better. The hard part is finding someone who would give you 15-cents for it. </p><p><br /></p><p>I'm unsure what that article is talking about; they probably left some detail out about an error "new penny." From what I can see in my KM catalog, the new penny was minted from 1971 through 1981, inclusive. The lowest year of circulation mintage was 1975 with more than 221.8 million; 1971 was the highest year. A proof 1972 is valued at about $3.50 while a mint state (MS 65) for all years of mintage, except 1971, is $2.50. A MS 65 in 1971 is valued at $1.75.[/QUOTE]</p><p><br /></p>
[QUOTE="DEA, post: 3168019, member: 90140"]Hello and welcome! From what I can tell, that "new" penny dated 1971 is catalogued as KM# 915. They minted more than 1.5 billion of them. It should weigh about 3.56 grams and have a diameter of 20.32 millimeters. My Kaiser-Mishler (KM) catalog is the 43rd Edition (2015); it lists an extra fine condition of that coin worthy of 15-cents; I would say your coin is probably very fine, maybe a bit better. The hard part is finding someone who would give you 15-cents for it. I'm unsure what that article is talking about; they probably left some detail out about an error "new penny." From what I can see in my KM catalog, the new penny was minted from 1971 through 1981, inclusive. The lowest year of circulation mintage was 1975 with more than 221.8 million; 1971 was the highest year. A proof 1972 is valued at about $3.50 while a mint state (MS 65) for all years of mintage, except 1971, is $2.50. A MS 65 in 1971 is valued at $1.75.[/QUOTE]
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