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 it was intended to replace the predominantly copper–zinc cent due to the rising costs of coin production in the traditional bronze alloy. Of the 1,571,167 coins struck in anticipation of release, none were released into circulation.[1] To encourage congressional support for the new alloy, the Mint distributed several examples to U.S. Congressmen. When the proposed aluminum cent was rejected, the Mint recalled and destroyed those coins.
However, despite the recall, a few aluminum cents were not returned to the Mint, and those coins may remain at large. One example was donated to the Smithsonian Institution, while another was alleged to have been found by United States Capitol Police Officer Albert P. Toven. A 1974-D specimen was found in January 2014 by Randall Lawrence, who said it was a retirement gift to his father, Harry Edmond Lawrence, who was Deputy Superintendent at the Denver Mint. Randall planned on selling it in a public auction, but the Mint demanded its return, saying that the coin was never authorized for release and therefore remains U.S. government property. Lawrence (and his business partner at their coin store, Michael McConnell) ultimately surrendered the coin when the Mint showed that the aluminum cent had never been authorized to be struck in Denver, and there was no evidence that the coin had been a gift of any kind.[2]
^Coin and Currency Issues Facing Congress: Can We Still Afford Money? : Hearing Before the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology of the Committee on Financial Services, U.S. House of Representatives, One Hundred Ninth Congress, Second Session, 19 July 2006. Vol. 4. U.S. Government Printing Office. 2007. p. 70. ISBN 9780160781421.
^"San Diego Man Returns Rare Aluminum Penny Worth Up To $2M To U. S. Mint". Fox 5 News San Diego. March 18, 2016. Archived from the original on March 22, 2016. Retrieved March 23, 2016.
and 23 Related for: 1974 aluminum cent information
The 1974aluminumcent 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 it...
2008, p. 246. "NMAH Legendary Coins & Currency: United States, 1 Cent, 1974 (Aluminum)". Smithsonian National Museum of American History. Archived from...
for the 1943 cent. Silver center cent Ring cent 1943 steel cent 1974 aluminumcent Money portal Numismatics portal United States portal "J2051/P2073"....
of the Mint." Money portal Numismatics portal United States portal 1974aluminumcent Eagle (U.S. coin) List of most expensive coins "1933 Double Eagle...
Washington nickels One 1913 Liberty Head nickel Two 1933 double eagles The 1974aluminumcent The only known 1928 $5000 gold certificate, serial number A00000001A...
on the sale of modern patterns that do resemble coins, such as the 1974aluminumcent.[citation needed] One of the most expansive collections of American...
coins for the ring cent were struck in various metals, including copper, aluminum, and nickel, as well as billon. 1853 ring cents are restrikes dated...
Below are the mintage figures for the Lincoln cent. The following mint marks indicate which mint the coin was made at (parentheses indicate a lack of a...
Five-cent coin reverse, made of aluminum Ten-cent coin obverse, smaller size and reeded edge distinguishes it from the five cent coin Ten-cent coin reverse...
in denominations of 10, 20 and 50 att or cents with French and Lao inscriptions. All were struck in aluminum and had a hole in the centre, like the Chinese...
operated by Norðurál, a wholly owned subsidiary of U.S.-based Century Aluminum Company. It is located in Grundartangi in Western Iceland near the town...
four-cylinder engine designed specifically for the Vega, with a lightweight, aluminum alloy cylinder block. The Vega first went on sale in Chevrolet dealerships...
98 per cent of the population, followed by black Africans at 37.05 per cent, Asians or Indians at 19.16 per cent and coloureds at 3.8 per cent. 74.19...
cent1974 (aluminum) Lincoln Memorial Cent 1982–2008 (copper-plated zinc) Lincoln Memorial cent 2009 Lincoln bicentennial of birth commemorative cent...
in aluminum siding, which remained until its removal in 1990. As of 1969, Abe Miller operated the property with his sister, Helen Nugent. In 1974, the...
Quebec is the world's fourth largest aluminum producer and creates 90% of Canadian aluminum. Three companies make aluminum here: Rio Tinto, Alcoa and Aluminium...
Pacific Northwest. Inexpensive hydroelectricity gave rise to a strong aluminum industry in the area (which has totally shut down since then). With funding...
Aluminum Model Toys (AMT) is an American brand of scale model vehicles. The former manufacturing company was founded in Troy, Michigan, in 1948 by West...
was owned by Renault, the car-maker, which had acquired 30 per cent of the shares in 1974. In 1976 it bought the rest. Gitane bicycles were first imported...
design an aluminum-wrapped building in Southfield, Michigan, which would "symbolize the auto industry's past and future progress with aluminum." The three-story...
production was split 65:35 between Saab and Fairchild, Saab constructed the all-aluminum fuselage and vertical stabilizer along with final assembly of the aircraft...
Global Information