Coin and Paper Money Collecting/Gold 1973/4 D Penny

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Question

1974/3 gold penny
Today I found a 197? penny.  I thought it looked funny.  It wasn't the correct color for a penny.  I placed it under a 10X loop and found many many errors on this coin.  The date is a 1973 over 4.  The LIB is doubled.  The coin feels rough.  Both the front and back are rough.  Uniform roughness.  Not from being scratched. It is "gold" color and made of a soft metal.  Softer than a regular penny.  Was there any pennies struck on gold during these dates?  And is it possible to have a double struck 2 date penny in gold?  I kind of would like to know how much such an error is worth and if it could be legit.

Answer
Rob,

There's no way for me to offer an absolute opinion without physically examining the coin, but it sounds too way out there for it to be something that was done at the mint.

There were no gold coins being produced by the Mint at that time, and a 2-date coin is almost impossible, as the dies are destroyed after use -- there would have to be a struck coin that did not eject, on the last day of production, and with a new die aligned perfectly and struck over the coin still in the press, without another blank going into the machine -- pretty impossible.

So my bet is that this is something made or altered outside of the mint -- likely a novelty item with minimal value.

Try checking www.coinshows.com or www.coinworld.com for a local coin show, where you can take the coin to be examined first-hand and possibly have the metal analyzed.

Good luck!

Dan

    Questioner's Rating
    Rating(1-10)Knowledgeability = 10Clarity of Response = 10Politeness = 10
    Commentthanks so much. I took the coin to a dealer and found out it was cleaned and plated as a novelty.


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Dan Moore

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My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

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