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Re: unusually dated penny

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Posted by Michael Schmidt on February 26, 2007 at 13:39:29:

In Reply to: Re: unusually dated penny posted by JeffK on February 11, 2007 at 17:25:26:

: If it is an otherwise normal-looking cent (i.e. Lincoln's image is on the front, not Justin Timberlake, for example) your coin is almost certainly a circulation issue that was altered outside of the mint by manually punching that specific date on it and then plating it with either gold or a gold-colored metal. It may have been made as a giveaway or keepsake of something that happened on that New Year's Eve.

: Heck, after all, have you ever seen a circulation coin with a specific day and month on it? The Mint's not THAT good, LOL!

You noticed the bit about the gold color/plating. Do you remember what happened on 12/31/74? That was the day the Roosevelt gold recall order was rescinded and American could own gold for the first time in 41 years. These were a privately made Commemorative" marking the end of the gold restrictions. I do not know why they used 1975 coins instead of 1974 cents except that 1975 was the first full year of gold ownership. (The restrictions were lifted at midnight 12/30/74 so 12/31/74 was the first day that gold ownership was legal.)

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