At the 2016 American Numismatic Association’s (ANA) World’s Fair of Money, the United States Mint gave attendees a chance to view the recently discovered 1974-D Aluminum cent experimental pattern coin.

Originally slated for auction in 2014, the cent was the subject of a multi-year legal dispute between the heir of a Denver Mint official and the United States government.

In 2016, the government prevailed and took custody of the important numismatic rarity.

CoinWeek pointed its camera at the coin as it rotated in its display case.

Transcript:

At least one cent was picked up in 2014, that is by the mainstream media…

The long rumored to exist, but never confirmed 1974-D aluminum cent caused quite a stir when PCGS confirmed its existence in January 2014. The experimental pattern coin was owned by Randall Lawrence, who sold it to La Jolla California coin dealer Michael McConnell.

Lawrence came into possession of the coin after his father, Harry Edmond Lawrence, passed away. The older Lawrence served as Deputy Superintendent of the Denver Mint at the time the experimental coin was struck.

The younger Lawrence and McConnell consigned the coin to Heritage Auctions, which planned to offer the coin at the 2014 Central States Numismatic Society (CSNS) Platinum Night auction. But it never came to pass.

Having caught wind of the rare cent, the Treasury Department attempted to retake possession. As the court process played out, conflicting rulings gave hope that the coin might actually remain in private hands.

Those hopes ground to a halt in March of 2016, when a settlement between McConnell and Lawrence and the Treasury saw the coin returned to the United States Mint. In a press release issued at the time, the United States Mint Principal Deputy Director said that the coin’s return was “not only good for the integrity of the coin collecting hobby but also for the integrity of the government property and rule of law.”

At the ANA in Anaheim, some 90 miles from the site of the coin’s discovery, the 1974-D aluminum cent was on display – underneath secure glass, on an endlessly spinning pedestal.

And while the legal issues surrounding the government’s selective prosecution on these matters are enough to make ones head spin, we’ll just have to enjoy this ultra high definition footage of an aluminum cent worth several hundred times more than its weight in gold

For CoinWeek I’m editor Charles Morgan signing off – Happy Collecting.

* * *


This video program was filmed in 4K resolution for maximum video quality. Click the “Watch on YouTube” button to view video at maximum resolution.

Copyright © CoinWeek August 2016

CoinWeek is the #1 website for online news and information about numismatics, and has won the NLG Award for best numismatic news website 5 years running!

COINWeek ©  is the most advanced independent on-line media source for print, video and multi-media Rare Coin & Currency news; with analysis and information contributed by leading experts across the numismatic spectrum.

Take your hobby the next level — Be sure to share this video with your friends and be sure to check out all CoinWeek has to offer.

* * *

More news and videos about coin collecting at CoinWeek
 


PCGS-Graded Coins Currently Available on eBay

eBay
 Pic  Title  Details
1945-S PCGS MS66RB Lincoln Cent Current Price: $18.0
# of Bids: 0
Ending: 30 days 8 hrs 6 mins
1924 LINCOLN CENT PCGS MS-63 RB Current Price: $59.0
# of Bids: 0
Ending: 28 days 7 hrs 14 mins
1939-S Lincoln Head Cent In PCGS MS-67 RD Current Price: $51.0
# of Bids: 17
Ending: 18 hrs 24 mins
1932 LINCOLN CENT PCGS MS-63 RB Current Price: $35.0
# of Bids: 0
Ending: 21 days 8 hrs 59 mins
1910-S 1C LINCOLN WHEAT CENT, RED, CERTIFIED BY PCGS MS65RD, EB35 Current Price: $16.03
# of Bids: 3
Ending: 4 days 19 hrs 29 mins
1919 LINCOLN CENT PCGS MS-64 RD Current Price: $80.0
# of Bids: 0
Ending: 20 days 11 hrs 23 mins
 View all items... (Powered by: WPeBayAds)  

1 COMMENT

  1. Members of the U S Assay Commission, who met at the Philadelphia Mint in February of that year did see and handle two of these coins.

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.