Rare Find or been fooled - Need Help

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

Rare Find or been fooled - Need Help

Postby robroy » Wed May 23, 2012 11:04 pm

Tonight I'm either a lucky fellow or a smuck who had a dirty trick played on him. I need some help because I cannot post a picture of what I found. But I am going to be taking this coin to the local coin shop sometime tomorrow.

Anyway let me describe what I found in a Brinks' box that I almost returned out of frustration over the lack of copper pennies.

I found a 1947d penny that has no wheat back. There are a couple of things that don't quite measure up so I'm not sure of what I have.

1: The coin weighs in at 28 grams versus 30 grams for a full 1973 penny.

2: The is no wheat back as I said but the depth when compared to the '73 seems undersized.

3: The back of the coin is completely smooth and show no sign of resizing and there is no indication of a rolled edge.

I would like to believe that I found something special because I have never seen the like of the coin that I've found. What would you guess that I have. Have I been duped or do I have a find?
Don't look back. Something may be gaining on you.

Neither a penny or a nickel is worth face value anymore.

I'm just a poor wayfaring stranger.
robroy
Penny Pincher Member
 
Posts: 119
Joined: Mon Aug 29, 2011 9:00 pm

Re: Rare Find or been fooled - Need Help

Postby RichardPenny43 » Wed May 23, 2012 11:31 pm

50 years ago...someone had too much free time and sanded the back of a penny.
User avatar
RichardPenny43
1000+ Penny Miser Member
 
Posts: 1873
Joined: Tue Jul 19, 2011 12:26 am
Location: Land of Lincoln

Re: Rare Find or been fooled - Need Help

Postby jacer333 » Wed May 23, 2012 11:54 pm

I don't profess to be any type of expert, but I would say it is highly unlikely this is any rare error.
1909-S VDB Found 3/19/12. Wild IHC's found to date: 38
User avatar
jacer333
Penny Hoarding Member
 
Posts: 783
Joined: Tue Nov 23, 2010 2:19 am
Location: Nebraska

Re: Rare Find or been fooled - Need Help

Postby robroy » Thu May 24, 2012 12:07 am

I don't think that it is much of an error either. I'm just wondering what this is or how it could have come to be like this. Somewhere in the coins 65 years life span someone must have tinkered with it to bring it to the state that it is in.

I was just trying to see what people could have thought of this supposedly rare find. However, I do intend to bring it to a coin dealer friend just to see his expression.
Don't look back. Something may be gaining on you.

Neither a penny or a nickel is worth face value anymore.

I'm just a poor wayfaring stranger.
robroy
Penny Pincher Member
 
Posts: 119
Joined: Mon Aug 29, 2011 9:00 pm

Re: Rare Find or been fooled - Need Help

Postby slickeast » Thu May 24, 2012 5:37 am

If it weighs 28 grams, that is one heavy penny. It should weigh 3.1 grams. Since it weighs 2.8 grams, somehow .3 grams have been removed.
You don't have to be the BEST you just have to be....... SLICK
User avatar
slickeast
Too Busy Posting to Hoard Anything Else
 
Posts: 6042
Joined: Thu Jan 08, 2009 3:00 pm
Location: South Carolina

Re: Rare Find or been fooled - Need Help

Postby inflationhawk » Thu May 24, 2012 6:19 am

About 10% of the coin was sanded away.
inflationhawk
Penny Hoarding Member
 
Posts: 846
Joined: Sat Feb 19, 2011 1:10 pm

Re: Rare Find or been fooled - Need Help

Postby TheJonasCollegeFund » Thu May 24, 2012 9:21 am

Please do not take this the wrong way....try to google "how are pennies minted".....once you learn the process it helps you to know what an error can or cannot be. It is an amazing process if you didn't know!

Someone please correct me.....can you have the front, or obverse, without having a the back, the obverse? I say impossible because of the minting process. Now the opposite way.....YES. A capped die will produce a blank front, obverse, while have a very stong back, the reverse.

Guys help me out!
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Rare Find or been fooled - Need Help

Postby JobIII » Thu May 24, 2012 9:38 am

would you post a picture? I believe i found a similar example (1918 D) with a completely smoothed flat reverse. didn't weigh mine.
Follow my blog here: http://xxjobiiixx.blogspot.com
Check here and please remember to follow us also: http://coinwholesales.blogspot.com
Watch my youtube videos: https://www.youtube.com/user/xxJOBIIIxx
JobIII
Post Hoarder
 
Posts: 2494
Joined: Mon Apr 06, 2009 3:00 pm

Re: Rare Find or been fooled - Need Help

Postby justoneguy » Thu May 24, 2012 10:04 am

I too found a 1947 cent.
Mine is a "s" mint without any back,
However mine weighs in at a hefty 3.33 grams
1947s cent.jpg
1947s cent.jpg (87.25 KiB) Viewed 305 times
1947 penny blank reverse.jpg
1947 penny blank reverse.jpg (62.17 KiB) Viewed 305 times
We can ignore reality but we can’t ignore the consequences of ignoring reality.


The truth will set you free,
but first it's really going to piss you off.
User avatar
justoneguy
1000+ Penny Miser Member
 
Posts: 1592
Joined: Tue Aug 10, 2010 10:00 am
Location: Colorado 80004

Re: Rare Find or been fooled - Need Help

Postby TheJonasCollegeFund » Thu May 24, 2012 10:10 am

justoneguy wrote:I too found a 1947 cent.
Mine is a "s" mint without any back,
However mine weighs in at a hefty 3.33 grams
1947s cent.jpg
1947 penny blank reverse.jpg

Gee...sure looks like it's coated with something!

Kinda obvious????
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Rare Find or been fooled - Need Help

Postby tinhorn » Thu May 24, 2012 12:09 pm

The rolled edge is created as a separate step before the penny hits the die. If the edge is missing on just one side, it was purposely removed.
www.silverandgoldaremoney.com
Press On Regardless!
User avatar
tinhorn
Penny Hoarding Member
 
Posts: 572
Joined: Wed Dec 08, 2010 6:00 pm
Location: SE Massachusetts

Re: Rare Find or been fooled - Need Help

Postby inflationhawk » Thu May 24, 2012 12:21 pm

TheJonasCollegeFund wrote:
justoneguy wrote:I too found a 1947 cent.
Mine is a "s" mint without any back,
However mine weighs in at a hefty 3.33 grams
1947s cent.jpg
1947 penny blank reverse.jpg

Gee...sure looks like it's coated with something!

Kinda obvious????


Coated with about .23 grams of something.
inflationhawk
Penny Hoarding Member
 
Posts: 846
Joined: Sat Feb 19, 2011 1:10 pm


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 116 guests