Coin and Paper Money Collecting/Silver 1987 penny

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Expert: - 5/31/2008


Question
I run a restaurant and I see a lot of change go through but I came across a rare looking silver penny dated to 1987 that looked very similar to a dime. I did a little research and all I came up with was a 1943 silver penny that was made due to war efforts. Can you tell me anything about this 1987 penny?

Answer
HI Chad,
I would have to see the coin but there have been cases of pennies struck on dime blanks, pennies that have lost their copper plating (since 1982 cents are zinc with copper plating), or a penny blank that never rec'd the copper plating.

In any case, they are worth between $25 and $100, and I do buy them.

Regards
Joe Hylas
www.allcoins.us
OmegaPM@aol.com

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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