Coin and Paper Money Collecting/1991 penny

Advertisement


Question
1991 penny
1991 penny  
I found a 1991 penny that looks gold and weighs different than a regular penny can u tell me if I found something unique

Answer
Hi,

These are pretty common. Many coins are plated to improve their appearance and make them easier to sell for more than their face value.

Years ago, especially here in Rhode Island where there were so many jewelry companies, some employees would put their pennies into the plating tanks at the start of the day and then fish them out (plated with gold) at the end of the day. If they did this enough they could get quite a bit of gold on the coin.

This was theft of course and should not be duplicated. We have seen coins from estates where an employee worked at a plating company - these coins had as much as 1 gram of extra weight due to the plating.

I hope this helps you to understand what you found.

Cheers

Coin and Paper Money Collecting

All Answers


Answers by Expert:


Ask Experts

Volunteer


David McConaghy

Expertise

I can answer most questions about coin identification, grading and counterfeit detection. I can answer questions about US and Foreign coins & currency, ancient coins too.

Experience

30 years experience as a collector and dealer in rare coins ANA Numismatic Scholar Owner of New England Coin Exchange I have been buying and selling coins in RI for over 30 years

Organizations
Professional Coin Grading Service - PCGS National Guaranty Corporation - NGC American Numismatic Association - ANA

Publications
Cityscape Merchant Circle Numismatic News eBay Providence Journal Bulletin All Experts

Education/Credentials
Numismatic Scholar Certificate - American Numismatic Association BSEE - New England Institute of Electronics

Past/Present Clients
www.necoinexchange.com

©2016 About.com. All rights reserved.