1942 Penny
Tim Bond
I think it's bunk.
Anyone?
Thanks,
Tim Bond
PFDJR
>>>Someone is try to convince me that my 1942 penny is worth lot of money. I
think it's bunk....Anyone?<<<
Bunk
***************************
Phil DeMayo
Coinmasters 1188
ANA R-182606
e-mail: pf...@aol.com
***************************
Borg
PFDJR wrote in message <19990705131920...@ng-co1.aol.com>...
Ian Milne
let them if I were you.
Ian
Tim Bond wrote:
>
> Someone is try to convince me that my 1942 penny is worth lot of money.
PETERSONRA
<bon...@concentric.net> writes:
>Subject: 1942 Penny
>From: Tim Bond <bon...@concentric.net>
>Date: 05 Jul 1999 09:55:23 PDT
>
>Someone is try to convince me that my 1942 penny is worth lot of money.
>I think it's bunk.
>
>Anyone?
>
>Thanks,
>Tim Bond
>
>
>
>
>
>
>
>
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>From: Tim Bond <bon...@concentric.net>
>Newsgroups: rec.collecting.coins
>Subject: 1942 Penny
>Date: 05 Jul 1999 09:55:23 PDT
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I suggest selling it to him at whatever he is willing to pay. 1942 cents are
common in circulated condition and sell for less then $1.
John Muchow
>>I think it's bunk.
It's not worth a lot of money but it could be worth two dollars or so
in almost perfect condition, what we call Mint State 65 (MS-65). If
there is a "S" below the date, it can be worth up to $18 or so in the
same condition.
If it's in typically worn condition, it's worth up to a dime.
John Muchow
RayHeuer1
>Someone is try to convince me that my 1942 penny is worth lot of money.
>I think it's bunk.
You are doubly correct. You friend is misremembering a recent story about
1943 cents, and *it* (the story) was incorrect.
In 1943, because copper was needed for the war effort, cents were struck
in zinc-coated steel. However, some dozen 1943 cents were accidently struck on
the older bronze blanks. Needless to say, if you have an authentic "copper"
1943 cent (fakes abound), it may be worth seerla thousand dollars.
As for your 1942 cent, and assuming it's in circulated condition, it would
retail for somewhere from 5 to 25 cents, about twice that is there is an "S"
below the date.
-- Ray
ANA# R-175620
Just my bronze 2c piece
Mike Locke
>
> Someone is try to convince me that my 1942 penny is worth lot of money.
> I think it's bunk.
>
A 1942 Australian proof restrike penny is very valuable.
This was an un-authorized issue produced by the mint in India
and sold by mail order in the 1960s. Only a few dozen sets
were issued. Also, 1942 Australian pennies with a dot
before and after "PENNY" but no "I" underneath the bust
of George VI command a significant value.
If you were asking about a 1942 USA cent, there are some
reports that yellow brass examples exist and are quite
rare. Other than that the value is minimal unless the
condition of the coin is exceptional.
--
S'later, Mike Locke kar...@rahul.net or loc...@scrserv.com
Mike is EAC #4357, LSCC #1636, JRCS #841, ANA #R-170301, CCS #F11
SPPN life member, Australian N.S. #1747, CNS #19309
Visit http://www.rahul.net/karenml for Calgold info and other stuff
JZern90830
Stephen Suffet
>
> Someone is try to convince me that my 1942 penny is worth lot of
> money. I think it's bunk.
>
Greetings:
The 1942 USA cent is of minimal value, perhaps 5c to 60c, depending
on condition and also depending on which mint (Philadelphia, Denver, San
Francisco) it was struck at. What that person rally means is a 1943 USA
cent mistakenly produced on the ordinary copper alloy (bronze) used con-
tinuously from 1864 to 1942.
To conserve copper in 1943, the USA struck that year's one cent
pieces on planchets (coin blanks) of zinc-coated steel. Such coins were
produced at all three US Mints: Philadelphia (no mint mark), Denver
(mint mark D beneath the date), and San Francisco (mint mark S beneath
the date). In circulated condition, the 1943 and 1943-D cents sell for
10c to 30c retail each, while the 1943-S cents sell for 25c to 60c re-
tail each, all depending upon amount of wear.
Quantities struck were enormous, so these coins are not at all rare.
However, since they do sell for a moderate premium above face value, it
is very unlikely you will now find any in circulation.
Genuine 1943 cents struck on copper alloy (bronze) are what are
known as "off metal" mint errors, and are of substantial value (tens of
thousand of dollars) if they have been authenticated and encased by a
coin grading service. Most purported 1943 "copper" cents are fakes, made
by copper plating a steel cent or by altering the date on a 1948 cent.
Bottom line: He/she is only half full of bunk. A 1943 copper alloy
(bronze) cent is worth a lot of money. But not the 1942. You can tell
him/her for me: Sorry, no world cruise this time! :-)
Regards,
Steve