Coin and Paper Money Collecting/Lincoln Penny

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QUESTION: I came across a Lincoln penny that sort of stuck out in a bunch of them because it was of an odd coloring.  It appears to be kind of a silvery color.  I decided to come online to try and find something out on it and came across this website.  The first one I read was fro someone named Josh about the very same thing.  His response came from someone named Dan.  I bought a book on coins and searched it and didn't see a thing about it.  Aren't they usually a copper color?  Any clues?

ANSWER: Hi Toni,

It was probably me that answered Josh's question -- I seem to remember it.

In the middle of 1982, the composition of pennies was changed from almost all copper to almost all zinc, with a thin outer copper layer.  So all pennies made after this are almost all zinc.

Sometimes the penny blanks do not get their outer copper layer, so they appear silvery colored -- the color of zinc.

This error is not extremely rare -- worth a few dollars for an average example.

It is also possible that somebody just plated your coin.  In which case it has no added value.

I hope this helps,

Dan



---------- FOLLOW-UP ----------

QUESTION: I'm sorry, perhaps I should have mentioned it is a 1977 penny

Answer
For a 1977 penny, the options are :

1) most likely, it's been silver plated -- no added value.

2) rarely, it could be struck on a different planchet, like that for a dime or for a foreign coin.  It should weigh 3.11 grams -- if significantly different, you should have it examined first-hand by an expert.  Value a couple hundred dollars.

I hope this helps,

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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