yes. and that is a small date, so if it weighs 3.11 grams than its worth a lot. EDIT: it has to be bronze as well... Im not sure if they made copper ones for the same variety. So it will have to be tested to be sure it is bronze.
Good luck finding one. Only 2 have ever been discovered and attributed over the years.. there have been dozens of threads here on CoinTalk of people thinking they found one but it never is. You will go through thousands of pennies and drive yourself absolutely crazy.. Then the realization will hit you one day that it's totally impossible!