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Ebay win

PostPosted: Thu Oct 21, 2010 7:31 am
by michindi
I won 4800 wheat UNC pennies for $68.00. The auctio says they are all 1974. Good deal?

Re: Ebay win

PostPosted: Thu Oct 21, 2010 7:35 am
by CU Baker
Did not know they made wheat pennies in 74.

Re: Ebay win

PostPosted: Thu Oct 21, 2010 8:01 am
by michindi
Crap sorry I did not mean to put that in there..That was my other auction..lol

Re: Ebay win

PostPosted: Thu Oct 21, 2010 8:04 am
by fasteddy
So-swheat...i have allot of wheat pennies but none from 1974. Great score!

Re: Ebay win

PostPosted: Thu Oct 21, 2010 8:05 am
by fasteddy
:lol: it happens

Re: Ebay win

PostPosted: Thu Oct 21, 2010 8:32 am
by misteroman
the 74 ones that were aluminum they did the wheat design on them! That would've been neat

Re: Ebay win

PostPosted: Thu Oct 21, 2010 11:25 am
by dakota1955
try steel ones for 43

Re: Ebay win

PostPosted: Thu Oct 21, 2010 4:41 pm
by highroller4321
misteroman wrote:the 74 ones that were aluminum they did the wheat design on them! That would've been neat



They didn't have a wheat design on them but they are very cool. Only 1 known to still exist and its in the Smithsonian museum.

Here is a picture.

http://quotationsbook.com/assets/shared ... m_cent.jpg

If you google 1974 aluminum penny you can see the coin that got graded by ICG that is on display at the Smithsonian museum.


For those that don't know there was a penny melt ban in 1974-1978. The ban went on because copper prices started to rise and they were worried about the coins being melted. In 1974 the mint made around 100,000 pennies out of aluminum for a test run. I am not sure why but they decided to scrap the idea and supposably all but 1 was melted down. The 1 was given to the Smithsonian museum and is currently on display there.

Re: Ebay win

PostPosted: Thu Oct 21, 2010 5:15 pm
by TXBullion
There is a second one that exists that is in the next box of pennies that I will be getting from the bank :D

Re: Ebay win

PostPosted: Fri Oct 22, 2010 8:37 am
by Roadrunner
The reason they rejected the aluminum design was because vendors didn't like it and doctors thought the coins would cause a lot of damage if ingested.

Re: Ebay win

PostPosted: Fri Oct 22, 2010 7:51 pm
by bman
Roadrunner wrote: and doctors thought the coins would cause a lot of damage if ingested.


And zinc won't??? :o