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Coin and Paper Money Collecting/2005 Penny
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Question
I got a roll of nickels from the back. when I opened the roll I found A Penny. But this 2005 penny looks like it was struck in nickel. What can you tell me about this? Is it for real? I have a magnet from a 20gig hard drive, and it will stick to the magnet,but it's not a strong magnetic connection. (like steel would be)
Steven,
You either have a steel plated coin or a coin that did not get its outer copper layer (a relatively common mint error worth about a dollar).
All pennies since 1983 are made almost entirely of zinc, with a thin outer layer of copper.
Dan
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Answers by Expert:
Dan Moore
Expertise
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.
Experience
I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.
Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814
Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm
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