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Aluminum Penny: What Collectors Need to Know
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Learn the true history and legal status of the 1974 aluminum penny. This collector’s guide explains why the experimental cent was created, why it’s considered government property, famous cases, and what to do if you think you’ve found one. There’s collecting rare coins… and then there’s the coin that sits in a category all its own the infamous aluminum penny. Few pieces of American coinage inspire as much curiosity, confusion, and controversy. Stories circulate online about people finding one, sending it in for grading , and never seeing it again. It sounds dramatic, but the truth is even more fascinating. This article was written to give collectors clear, factual insight into the history of the aluminum cent, why it exists, why it’s legally complicated, and what you should do if you ever think you’ve found one. A Brief History: Why the U.S. Mint Experimented With Aluminum Cents In the early 1970s, rising copper prices pushed the U.S. Mint to explore chea...
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