How much is a 1974 aluminum coin worth?

Lawrence brought the coin to La Jolla coin dealer Michael McConnell, who estimated its value at a minimum of US$250,000, up to $2 million or possibly more. On January 28, 2014, PCGS announced that it had certified the coin as authentic with the grade PCGS MS63 and certification number 28544237.

How can I tell if my 1974 D penny is aluminum?

The only way to differentiate a 1974 D copper cent from a 1974-D aluminum cent is by identifying it’s color. Copper cents will generally have a red, reddish-brown, or brown to darkish-brown color to it’s surface, depending on the coin’s condition, while aluminum cents are generally light-weight and silverish in color.

What kind of coin is the 1974 aluminum cent?

1974 aluminum cent. Jump to navigation Jump to search. The 1974 aluminum cent was a one-cent coin proposed by the United States Mint in 1973. It was composed of an alloy of aluminum and trace metals, and intended to replace the predominantly copper–zinc cent due to the rising costs of coin production in the traditional bronze alloy.

Who was the die setter for the 1974 Lincoln cent?

While there are no Mint records of the 1974-D aluminum cent being struck at the Denver Mint, in an interview with Coin World, Benito Martinez, a die setter at the Denver Mint in 1974, stated he struck fewer than 12 of the experimental 1974-D Lincoln cents under the supervision of Harry Bobay, a Denver Mint production foreman.

What was the composition of the US aluminum cent in 1982?

In 1982, the composition of the coin was changed to the current 99.2% zinc and 0.8% copper core alloy with a plating of pure copper, resulting in a 20% weight reduction. After the setback, the US Mint recalled the coins, but about 12 to 14 aluminum cents were never returned to the mint.

When was the aluminum Lincoln Wheat cent struck?

At least 1 example of an aluminum Lincoln Wheat cent struck in 1942 to test a possible alternative composition to bronze for the following year. Unlike the 1974–75 aluminum cents, this coin appears to be legal to possess and was sold at Heritage Auctions in May 2009. Nonsense description trial strikings of various compositions.

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