Coin and Paper Money Collecting/1940's wheat cent

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Question
I have a wheat penny from the 40's that has an edge about an 1/8 of an inch thick so it makes the face and back look like a tray and the diameter is about .100 smaller than a normal penny. Do you have any info on this coin?
                              Thanks, Shane

Answer
Shane,

At some time after the coin left the mint, somebody took a hammer or similar tool and tapped repeatedly all around the edge of the coin, smashing the rim and moving the metal of the rim, making it wider (thicker) and smaller in diameter -- it happens all the time -- one of the many things that people with too much time on their hands do to their coins.

Considered altered, it has no collector value.

Dan

Coin and Paper Money Collecting

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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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