Coin and Paper Money Collecting/Silver colored penny

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Question
Silver Penny
Silver Penny  

Silver Penny
Silver Penny  
I have a silver colored Lincoln penny Dated 1978; minted in Denver.
I do not believe the coin is "washed", or "painted" with a different material. The coin weighs 3.05 grams. The coin has been circulated.
Is the weight right for a Circa 1978 Penny?
As far as I can tell, the coin is normal in every way; It is just silver in color. I got this coin in a collection of steel pennies from my father's estate. (sorry - no 1944 steel pennies).
The sandwich coins started appearing in 1965. The aluminum pennies were struck in 1974. The sandwich pennies started to be struck in 1984. I have pictures of the coin on a scale; sorry about the lousy quality. Is this a hoax? I wonder.

Answer
I have actually heard of this, but am not too well read on steel cents after 1943.

I'm actually on vacation, so I don't have access to my books.  I did find a website that may be of some use.

http://coins.thefuntimesguide.com/2013/02/silver-penny.php

One way to tell if it is steel is to take a magnet to it.  If the magnet picks up the coin, you've likely got something valuable.

I hope this helps.

Thanks for using All Experts.

Please take some time to rate my response.

Thanks,

Marc

Coin and Paper Money Collecting

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Marc Eichler

Expertise

I can answer anything relating to modern US coins and paper currency and collecting it. I can also answer some questions about Israeli currency. Please do not ask me about ancient currencies, as this is outside my area of expertise.

Experience

I have been an avid collector for many years, and while I specialize in US coinage, right now I am also focusing on silver bouillon. Silver is actually a better investment than gold, which is something a lot of people do not know!

Organizations
Civil Air Patrol

Education/Credentials
Bachelor of Arts from Fairleigh Dickinson University, 2009.

Awards and Honors
General BIlly Mitchell Award - #48332

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