Its really hard to say. Your first major hurdle to buying or selling a 1974 aluminum penny is the fact that their legality to own is in doubt, there is one specimen known to be in private hands and as far as I know it has never been offered for sale but has been slabbed by PCGS as MS-62 I believe.
If it was 100% legal to own such a coin, I'd imagine that at an auction it would fetch close to $250,000+. In general, pattern coins tend to bring less in an auction than coins intended for circulation even though their rarity is much higher so I don't think it would reach the $7 million fetched by the 1933 double eagle or even the 1 million for a 1943-D copper penny, but it certainly wouldn't be a chap coin.
No value can be given because no 1974 or 1974-D aluminium Lincoln cents have ever been sold. Only one was donated to the Smithsonian Institution for the National Numismatic Collection.
There is no market value for the 1974 aluminum cent because it's illegal to own one.
Because the legality of the coins is in doubt and currently are illegal to have, a value can't be given.
There seems to be some confusion here. Kennedy is on the half dollar, while Lincoln is on the penny. A 1974 Kennedy half is worth 50 cents. A '74 Lincoln cent is worth 2 cents for its copper content.
There seems to be some confusion here. Kennedy is on the half dollar, while Lincoln is on the penny. A 1974 Kennedy half is worth 50 cents. A '74 Lincoln cent is worth 2 cents for its copper content.
It's almost certainly either a privately-issued piece or a genuine penny that was altered. Either way it has no collector value.
A 1974 penny weighs 2.5 grams.
Yes, there are pennies worth $2000. A 1974 penny made from aluminum has been estimated between $250,000 and $1,000,000. A 1969 S Double Die Lincoln penny was sold in 2002 for $59,500.
Those Lincoln-Kennedy cents were modified by a private company, NOT the U.S. Mint. To find the value, check how much they're selling for on eBay. It's probably not much.
It's a novelty coin that has no collectible value.
Ah, the infamous 1974 Lincoln Kennedy penny. Despite the urban legend surrounding its supposed rarity and value, the truth is that it's just a regular old penny worth...drumroll please...one cent! So, unless you have a time machine to go back and witness the conspiracy theories firsthand, you're better off spending it on a gumball than trying to retire early with it.
It's worth 2 cents for the copper.