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Tourney64
1000+ Penny Miser Member
USA
1035 Posts |
 Posted - 11/30/2007 : 21:35:02
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What would you do if you found one of these?
Aluminum or bronze coated steel pennies, that may be illegal to own and may be confiscated? If you can keep it, it would be worth $100,000 or more.
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Keep it secret
Get it certified
Call the mint/treasury
Call a lawyer
Spend it
Something else
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 12/22/2007 : 14:51:47
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| I think your confused. The article is pertaining to a 1974 cent that was an experiment to see if pennies (cents) could or should be struck in Aluminum. Your statement as to an Aluminum or Bronze coated steel cent. The Steel cents were made during 1943 and many, many have been Bronze, Brass or Copper plated as novelties. They sell at many places for a few dollars. Many other cents and other coins as well have been plated with other materials for all types of reasons. The 1974 Aluminum is similar to the 1959 Wheat back cents, 1943 Copper cents and other strange but actual coins. All are worth what someone will pay for them. |
Carl |
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fiatboy
Administrator
912 Posts |
Posted - 12/22/2007 : 17:51:30
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I'd spend it.....haha....just kidding. I'd research the heck out of it, and then make a decision. Are they legal to own? That'd be my first question. I wouldn't want to end up with a court case on my hands à la the 1933 Saints. I'd be very careful who I'd tell, that's for sure. I doubt I'd tell a lawyer.
Once the legal question's resolved, I'd have it certified and then sell it. Use the cash to buy more pennies.  |
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
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n/a
deleted
85 Posts |
Posted - 12/22/2007 : 18:33:38
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| Like someone recently said here, I would take it out of the country frist before I looked for a buyer. The middle east (Iran) might be a good place. |
"The key to building wealth is to not lose money." - Warren Buffet |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 12/23/2007 : 23:05:07
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quote:
Originally posted by CopperBar
Like someone recently said here, I would take it out of the country frist before I looked for a buyer. The middle east (Iran) might be a good place.
Good luck getting into Iran....
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 12/23/2007 : 23:06:16
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Better luck getting out....
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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starwarsgeek171
Penny Hoarding Member
USA
651 Posts |
Posted - 01/20/2008 : 22:09:46
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| Iran = Bad tourist location for U.S. citizen with $100,000 coin. |
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Rare Cent
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