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PCGS 1974-D Aluminum Lincoln Cent
Prethen
Posts: 3,447 ✭✭✭
I just read the new missive from PCGS e-Collector about the MS63 1974-D Aluminum Lincoln Cent just out of grading. Very cool.
I was surprised some dealer names were mentioned, though. Isn't the coin illegal to own?
I was surprised some dealer names were mentioned, though. Isn't the coin illegal to own?
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Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
by adding "ALUMINUM", you'll get alot more
posts/opinions/comments........
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
that this is a DENVER '74 Aluminum Cent.
It's a previously unknown coin from that Mint.
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
Steve
<< <i>Can't wait to see it at the Long Beach show at the Heritage table... shouldn't be too busy at the Heritage table at the show since they aren't doing an auction there!!!!!
It will probably be a good idea to go see it early, just in case the SS decides they want a closer inspection.
My Ebay Store
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
Auction estimates? My estimate is mid 6 figures...whatever that means.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
"Weinberg, who was among those involved in the research and authentication process for the 1974-D aluminum cent, said there's considerable information about 1974 Philadelphia Mint aluminum cents, but only one printed reference he can find about any produced at the Denver Mint."
A coin rumored to exist based on conversations with mint employees but not seen publicly in decades and whose current existence remained (until now, anyway) unconfirmed? Imagine that!
employee, 10 pcs. were struck there,
and at least one was sent to Washington DC.
.....and, I wouldn't worry about the coin
being confiscated this week at LB.
I don't think the Gov. works quite
that fast.
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
Story at Coinweek.com
<< <i>Just want to make sure everyone knows
that this is a DENVER '74 Aluminum Cent.
It's a previously unknown coin from that Mint. >>
So this makes two known Aluminum Cents Fred??
Never mind. I read the linked article and can see that its now three aluminum cents.
That kinda throws them into the realm of being common!
Uh .......... no!
The name is LEE!
<< <i>Amazing Read! Very exciting. It will be a must see at auction lot viewing and a lot to watch, that's for sure!
Auction estimates? My estimate is mid 6 figures...whatever that means.
I'm going to be waiting for a slightly higher grade for my collection. One can never be too picky with these types...
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
<< <i>Anyone thinks its gonna hit over 1 million? >>
No. Modern.
Edited: I don't mean modern in the "Modern Junk" sense of the word. There's simply not enough time for possible others to have surfaced. I don't have a million to spend but my limited knowledge says that it wont.
-D
-Aristotle
Dum loquimur fugerit invida aetas. Carpe diem quam minimum credula postero.
-Horace
Being as you have seen the coin in hand what is holding it at 63?
The posted pic makes the coin look much nicer.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
My Adolph A. Weinman signature
Pattern.
The 74-P is not really a pattern, but an aborted regular issue. Remember, more than 1.5 million pieces were struck.
The 74-D is a trickier call. If indeed there really only were ten pieces struck, and that they were struck for official purposes, you could argue that they were experimental in nature, and therefore more "pattern" than "regular issue". Until I have a better handle on the history of the coin(s), I'm not ready to make the call.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>Does, "I found this coin in a roll" work for this coin? Personally, I think it really does.
Leo >>
It's an awfully big coincidence that an aluminum cent happens to be struck in Denver the same year the experimental ones were produced in Philadelphia.
This one stinks of mint employee tomfoolery!
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
<< <i>OP - if you change your title to this thread
by adding "ALUMINUM", you'll get alot more
posts/opinions/comments........ >>
Oh boy, just noticed that....what a dope I am!
It's going to take a few rolls to make a buck.
<< <i>It's an awfully big coincidence that an aluminum cent happens to be struck in Denver the same year the experimental ones were produced in Philadelphia.
This one stinks of mint employee tomfoolery! >>
Not if there were official orders (though undocumented) to do so.
<< <i>Aluminum is like $.38 per pound at the recyclers.
It's going to take a few rolls to make a buck.
At least TWO!!!
<< <i>Ya know, San Francisco was making business strike cents in 1973 and 1974 also....................
Troublemaker!
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
I still think they should clad aluminum with copper-nickel and go back to the large size dollar, by the way. It would give the grandeur of the large dollar without the weight. If I ever become a government official it'll happen. (about as likely as the entire Sports Illustrated swimsuit model roster showing up at my door asking for dates!)
<< <i>Ya know, San Francisco was making business strike cents in 1973 and 1974 also....................
But so far as we know they were not involved in the aluminium cent striking so, Dan Carr can you make aluminium blanks and strike 1974-S cents?
A whale of a coin or something similar ...
K
My 1866 Philly Mint Set
My Early Large Cents
<< <i>Anyone thinks its gonna hit over 1 million? >>
no
<< <i>What an honest dealer. He first thought it was struck on a foreign planchet and bought it for $300. Figured out it was an aluminum cent and tracked down the seller to split the proceeds. That is really impressive. >>
Not really most likely. With a coin like that to maximize profit and in this case leagality, it has to be an open book in regards to origin and provenance. The dealer most likely relized the thirst for details would have dug up the seller anyway and caused a spat where his name would been dragged through the mud. The consigner gets a provenance gift wrapped with some good guy advertising by "going back". Sounds like a solid business decision, I honestly believe you can count the number of truly selfless acts in human history on a handful of fingers, less then that in the history of business.
<< <i>
<< <i>Ya know, San Francisco was making business strike cents in 1973 and 1974 also....................
But so far as we know they were not involved in the aluminium cent striking so, Dan Carr can you make aluminium blanks and strike 1974-S cents? >>
A week ago most of us did not know that Denver was involved. I can't think of any good reason why it was. I can't think of any good reason why, if Denver was involved, San Francisco should not be.
<< <i>"I personally didn't make any of the Denver aluminum cents, I was on the graveyard shift when they were stamped. A friend of mine, Ernie Martinez, die setter and later general foreman, stamped the aluminum cents on one of the Denver Mint's standard presses. When I talked to him last Sunday he told me that he stamped around 10 of them. One thing he recalled about them was that they 'finned' badly. After stamping the blanks he returned the finished aluminum cents to Harry Bobay, general foreman, who took them to the coining division office where they were shipped back to Mint headquarters in Washington, D.C. From there, who knows what happened to them." >>
<< <i>
<< <i>
<< <i>Ya know, San Francisco was making business strike cents in 1973 and 1974 also....................
But so far as we know they were not involved in the aluminium cent striking so, Dan Carr can you make aluminium blanks and strike 1974-S cents? >>
A week ago most of us did not know that Denver was involved. I can't think of any good reason why it was. I can't think of any good reason why, if Denver was involved, San Francisco should not be. >>
The information on the Denver cents has been around for years. Perhaps people didn't believe Lantz's accounting of the 1974-D aluminum cents because they also didn't believe his accounting of the 1964-D Peace dollars?
<< <i>
<< <i>
<< <i>
<< <i>Ya know, San Francisco was making business strike cents in 1973 and 1974 also....................
But so far as we know they were not involved in the aluminium cent striking so, Dan Carr can you make aluminium blanks and strike 1974-S cents? >>
A week ago most of us did not know that Denver was involved. I can't think of any good reason why it was. I can't think of any good reason why, if Denver was involved, San Francisco should not be. >>
The information on the Denver cents has been around for years. Perhaps people didn't believe Lantz's accounting of the 1974-D aluminum cents because they also didn't believe his accounting of the 1964-D Peace dollars?
Just because the information was available does not mean that most people were aware of it. It was news to me.
I forgot about even owning those "dipped in something" specimens…. And here, my nephew was thinking we could retire.
<< <i>
<< <i>What an honest dealer. He first thought it was struck on a foreign planchet and bought it for $300. Figured out it was an aluminum cent and tracked down the seller to split the proceeds. That is really impressive. >>
Not really most likely. With a coin like that to maximize profit and in this case leagality, it has to be an open book in regards to origin and provenance. The dealer most likely relized the thirst for details would have dug up the seller anyway and caused a spat where his name would been dragged through the mud. The consigner gets a provenance gift wrapped with some good guy advertising by "going back". Sounds like a solid business decision, I honestly believe you can count the number of truly selfless acts in human history on a handful of fingers, less then that in the history of business. >>
You must not have kids. Or parents for that matter.
K
My 1866 Philly Mint Set
<< <i>
<< <i>
<< <i>What an honest dealer. He first thought it was struck on a foreign planchet and bought it for $300. Figured out it was an aluminum cent and tracked down the seller to split the proceeds. That is really impressive. >>
Not really most likely. With a coin like that to maximize profit and in this case leagality, it has to be an open book in regards to origin and provenance. The dealer most likely relized the thirst for details would have dug up the seller anyway and caused a spat where his name would been dragged through the mud. The consigner gets a provenance gift wrapped with some good guy advertising by "going back". Sounds like a solid business decision, I honestly believe you can count the number of truly selfless acts in human history on a handful of fingers, less then that in the history of business. >>
You must not have kids. Or parents for that matter.
K >>
And you must not have a dictionary. Choosing or prioritizing to sacrifice to better, enrich, shelter or in anyway advance your own lineage or family isn't selfless, dedicated for sure but not even close to selfless.
All good. You win.
K
My 1866 Philly Mint Set
<< <i>Is it legal to own? >>
Very good question. From the story, it appears it was stolen by an employee.