1976 penny. Error. Any info?

Discussion in 'Error Coins' started by Pills, Jun 11, 2019.

  1. Pills

    Pills New Member

    I was cleaning up after father passed . found 42 pounds of pennies. 1982 and prior. .. I just started. Investigating. So many. And. Many seem hardly circulated. Any help much appreciated. Thanks
    The ring feels its sticks up. as up . whivh is metal from cut i feel.. Plus cross on lincolns shirt.
    .. i tried different light angles. 20190610_211212.jpg 20190610_211145.jpg 20190610_211118.jpg
     
    Last edited: Jun 11, 2019
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  3. happy_collector

    happy_collector Well-Known Member

    Welcome to CT. I believe the ring you see on the Lincoln cent is a coin rolling machine damage.
     
    Last edited: Jun 11, 2019
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  4. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    @Pills welcome to cointalk
    That is either coin wrapper crimping machine gamage or some intentional damage someone created. Not a Mint Error.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Welcome to the neighborhood! I'm sorry for your loss.

    It's possible that your father was saving pennies dated 1982 and earlier because he may have read somewhere that they might be worth more than their face value because of their copper content. Beginning sometime in mid-1982, the Mint changed from 95% copper to 95% zinc, and the Zincolns are nothing but crap.

    Unfortunately, the information posted over the last 10 years or so in various places on the internet about copper pennies being worth more than their face value is garbage. These coins are not "Grade A Copper". They are an alloy, and as such, are worth less than their face value to reclamation centers. You'd be lucky to get 25% of the value for Grade A Copper for these coins. However, it is still illegal to melt pennies, so all of this conjecture about their true value is a waste of time.

    I just thought you'd like to know.

    Chris
     
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