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ICG certifies first 1974 aluminum cent

CoastGuardCoastGuard Posts: 159
in U.S. Coin Forum
News release on the ICG website gives good picture of a very rare coin. Go to www.icgcoin.com
What do you think this coin will sell or auction for?
Satisfaction lies in the effort, not in the attainment. Full effort is full victory. -Gandhi
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    RobJRobJ Posts: 364
    I bet it was a MS70
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    mozeppamozeppa Posts: 4,431 ✭✭✭
    nope...au-58

    wonder if the dept of treasury is hot to get this one back?
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    cladkingcladking Posts: 30,084 ✭✭✭✭✭
    It's probably the one that was given to the security guard and they already
    have an official opinion.
    tempus fugit extra philosophiam.
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    CoastGuardCoastGuard Posts: 159
    Rob, it was handled by the owner and showed to people as a curiosity. It was graded perfectly!
    Satisfaction lies in the effort, not in the attainment. Full effort is full victory. -Gandhi
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    WeissWeiss Posts: 9,942 ✭✭✭✭✭
    Image of the coin:

    image

    And a link to the story

    My apologies to CU if a link from CU to ICG is not acceptable
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    DickyBetzDickyBetz Posts: 3,825
    I read the article they have for it. It is actually a really cool story.
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    NumisOxideNumisOxide Posts: 11,038 ✭✭✭✭✭
    A very interesting coin and great story.
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    poorguypoorguy Posts: 4,317 ✭
    Really cool. image
    Brandon Kelley - ANA - 972.746.9193 - http://www.bestofyesterdaycollectibles.com
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    ERER Posts: 7,345 ✭
    So, it was never actually monetized? If so, why is it legal to own?image
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    mrdqmrdq Posts: 1,186 ✭✭✭
    SPELLING ERRORS bleh can't be a reputable business if you can't spell the damn words

    --------T O M---------

    -------------------------
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    WeissWeiss Posts: 9,942 ✭✭✭✭✭


    << <i>So, it was never actually monetized? If so, why is it legal to own?image >>



    Were Stellas ever monitized? The article says they were handed out to congress. Same deal, isn't it?
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    CoinosaurusCoinosaurus Posts: 9,653 ✭✭✭✭✭


    << <i>So, it was never actually monetized? If so, why is it legal to own?image >>



    Methinks the feds are watching closely.
    Newman Numismatic Portal, www.NewmanPortal.org
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    ERER Posts: 7,345 ✭
    Yeah, another drawn out legal battle, and another million dollar coin. I really think it's good for the hobby.
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    fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    That is one Kewl coin.

    How long will it stay in the ICG holder before it gets crossed over to NGC or PCGS?imageimage
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    cladkingcladking Posts: 30,084 ✭✭✭✭✭
    It will be interesting to see how much this goes for. There was a long thread on the
    topic just recently and I suspect a lot of the guesses were way low.

    This is a cool coin and sure to excite interest in the 1974 small and large date coins. imagehere's the link, I hope.
    tempus fugit extra philosophiam.
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    dbldie55dbldie55 Posts: 7,750 ✭✭✭✭✭
    This coin will not bring one bit of interest to 1974 copper cents.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
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    cladkingcladking Posts: 30,084 ✭✭✭✭✭
    The dies were reworked in 1974 in order to facilitate the coining of aluminum
    issues. For some reason these different varieties just never really caught on
    with collectors. They suffer from being fairly common yet still don't appear in
    the mint sets. While all are common they are not common in high grades. It
    seems improbable that the cause of the varieties can get national attention
    while the results continue to be almost completely ignored and unrecognized.
    tempus fugit extra philosophiam.
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    LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    What do you think this coin will sell or auction for?

    Probably nothing... the feds are bound to seize it.

    David
    Lincolncentman Toned Lincolns
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    cladkingcladking Posts: 30,084 ✭✭✭✭✭


    << <i>What do you think this coin will sell or auction for?

    Probably nothing... the feds are bound to seize it.

    David >>



    The feds have known of the existence of this coin for at least twenty years and have
    made no move on it.

    We'll see.
    tempus fugit extra philosophiam.
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    tradedollarnuttradedollarnut Posts: 20,613 ✭✭✭✭✭
    and another million dollar coin

    Not even close to being such.
    Early Dollar Set
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    ShamikaShamika Posts: 18,785 ✭✭✭✭

    I wonder where the Secret Service is?

    Somebody better fly that thing somewhere safe.



    Buyer and seller of vintage coin boards!
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    fivecentsfivecents Posts: 11,207 ✭✭✭✭✭


    << <i>Somebody better fly that thing somewhere safe. >>

    Yeah like to another country.
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    WekarWekar Posts: 470


    << <i>aluminum trail pieces >>


    wonder which trail this was found on?
    Varieties are the spice of a Type Set.

    Need more $$$ for coins?
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    XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    I'll hold out for an MS66.



    image
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    MyqqyMyqqy Posts: 9,777 ✭
    Cool coin, and cool story!! image
    My style is impetuous, my defense is impregnable !
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    beepbeep Posts: 968
    Great findimage

    ICG Aluminum
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    PerryHallPerryHall Posts: 47,545 ✭✭✭✭✭
    With the global war on terrorism, do you really think the feds are concerned with a small aluminum coin? I sure doubt it.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    ksteelheaderksteelheader Posts: 11,777 ✭
    And to think that when I provided pictures of one on here two years ago it met with a lot of non-believers!!image
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    AtlanticAtlantic Posts: 573 ✭
    Great story, thanks for sharing
    Collector Of Indian Cents!
    Fly-In Club
    My PCGS Registry Sets
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    LeeGLeeG Posts: 12,162 ✭


    << <i>SPELLING ERRORS bleh can't be a reputable business if you can't spell the damn words. >>




    "TOVEN SPECIMAN" ?????image Not good for ICG!
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    Steve27Steve27 Posts: 13,284 ✭✭✭
    " With the global war on terrorism, do you really think the feds are concerned with a small aluminum coin? I sure doubt it."

    Never underestimate the stupidity of the Federal Government.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
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    KingAlanIKingAlanI Posts: 49


    << <i>What do you think this coin will sell or auction for?

    Probably nothing... the feds are bound to seize it.

    David >>



    Why would they do that?!
    My quotes: http://www.geocities.com/alangilfoy/quoteoftheday.html

    Check out my Yahoo! auctions: http://auctions.yahoo.com/user/alangilfoy

    My Where's George profile: http://www.wheresgeorge.com/user_profile_popup.php?ukey=7b48b1f17b4ea8104dabd4ac0fa70a47
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    BarryBarry Posts: 10,100 ✭✭✭
    I wonder if this will prompt more to come out of the woodwork...
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    hey Lee and Tom

    what's the "spelling error" on the slab that you're wetting your pants about??image if you look at the CW article it clearly shows that the coin was submitted by the Toven family. i assume you're thinking it should read Token Specimen but it's correct as printed----i think.

    we've discussed this coin before as Ben said, back when he posted about it at a Baltimore or Michael Dixon sponsored show. it's probably more interesting with the intrigue surrounding it associated with the IRS and Secret Service than just as a holdered coin. i'd think it would be more valuable as a Pattern than as a Lincoln Cent to a specialized collector.
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    STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭

    Keets - It is most valuable to a Lincoln cent Pattern collector.

    And That Is Me !!!!

    Stewart
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    TorinoCobra71TorinoCobra71 Posts: 8,101 ✭✭✭
    The Govt might get it before it gets to auction! The story at the ICG website is good!

    TorinoCobra71

    image
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    TorinoCobra71TorinoCobra71 Posts: 8,101 ✭✭✭


    << <i>" With the global war on terrorism, do you really think the feds are concerned with a small aluminum coin? I sure doubt it."

    Never underestimate the stupidity of the Federal Government. >>




    HAHAHAHAHAHAHAHA Thanks for the Laugh! That IS SO TRUE!!!

    image

    TorinoCobra71'

    image
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    flaminioflaminio Posts: 5,664 ✭✭✭
    You bunch of freakin' kool-aid drinkers. This is one of the more important numismatic items to hit the open market in a long time, and all you kvetch about are spelling errors on a web site (which I believe have since been corrected). If this had been sent to PCGS, you'd all be crowing about how awesome it is and how wonderful HRH and PCGS are. Suck it up, fellas -- the other guy got this one.

    I wonder if Cammie got his hot little hands on this. Maybe he'll post a "story behind the story" for us. Probably not, tho' -- I imagine there's still a lot of secrecy around it.
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    cladkingcladking Posts: 30,084 ✭✭✭✭✭


    << <i>Keets - It is most valuable to a Lincoln cent Pattern collector.

    And That Is Me !!!!

    Stewart >>



    Probably.

    But my estimate of value assumes that it gets the attention of at least one of the many very avid
    and well-heeled Lincoln collectors. I still think the price could surprise.

    Even a type collector could get interested.
    tempus fugit extra philosophiam.
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    ss350camaross350camaro Posts: 4,529 ✭


    << <i>

    << <i>SPELLING ERRORS bleh can't be a reputable business if you can't spell the damn words. >>




    "TOVEN SPECIMAN" ?????image Not good for ICG! >>




    ?????

    ICG spelled it correctly.............your spelling is incorrect.


    TOVEN SPECIMEN

    image
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    ddinkddink Posts: 2,748


    << <i>the other guy got this one. >>



    Wonder how much they paid for the privilege image

    (Ya'll don't be so naive!)
    I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭
    I wonder if the owners are hoping to cut a similar sweetheart deal out-of-court as the previous owners of Farouk '33 Saint got.
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    eyoung429eyoung429 Posts: 6,374 ✭
    I can just see the Ebay trail now for rolls of '74 cents..

    One roll of 1974 cents, you may be the next one to find another of the rare aluminum strike coins!!! BIN $20,000 image
    This is a very dumb ass thread. - Laura Sperber - Tuesday January 09, 2007 11:16 AM image

    Hell, I don't need to exercise.....I get enough just pushing my luck.
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    mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Will be interesting to see how it all turns out.
    coinimaging.com/my photography articles Check out the new macro lens testing section
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    PhillyJoePhillyJoe Posts: 2,728 ✭✭✭✭
    Neat coin and story.

    The opposition to aluminum cents by vending machine owners is laughable. When was the last time you put a penny in a vending machine?

    Joe
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭


    << <i>Neat coin and story.

    The opposition to aluminum cents by vending machine owners is laughable. When was the last time you put a penny in a vending machine? >>

    When was the last time you've seen a vending machine that accepted them?
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    anablepanablep Posts: 5,205 ✭✭✭✭✭
    Most vending machines today take dollar bills. I don't want to hear about those companies and how they dictate our coinage anymore. Just rediculous.
    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne
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    PhillyJoePhillyJoe Posts: 2,728 ✭✭✭✭


    << <i>Neat coin and story.

    The opposition to aluminum cents by vending machine owners is laughable. When was the last time you put a penny in a vending machine?

    Joe >>



    Possibly postage machines.image
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
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    flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>When was the last time you've seen a vending machine that accepted them? >>

    A couple years back I found a parking meter that accepted pennies. I unloaded a bucketload of pennies and got about two hours of parking time for it image.
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    morgannut2morgannut2 Posts: 4,293 ✭
    They still have slot machines in Vegas that take pennys--don't laugh, the beer is free!!
    morgannut2

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