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Coin and Paper Money Collecting/My 1983 Penny
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Question
Hi Joe, My name is misty and I have looked up and down on the internet for information bout this penny I have..Its a 1983 Penny that appears "Silver" in color to the eye and does not stick to a magnet. Could I possibly have a Penny worth a "pretty penny"?
Hi Misty,
A couple of things are possible. First off, starting in 1982, pennies were made of zince and copper plated. Zinc is not attracted to a magnet. Maybe the plating was never applied, or simply wore off.
Another possibility is that the penny was struck on the wrong planchet, maybe one used for a dime or a foreign coin.
The coin would have to be weighed and physically inspected by a professional to determine what you have.
Regards
Joe Hylas
www.AllCoins.US
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Answers by Expert:
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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