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In 1893 the ultimate cheap
souvenir was born. That’s
when a Chicago jeweler used
a metal-rolling machine to
stretch coins and press the
words “Columbian Exposition”
onto them. Today coins
are flattened and impressed
with an image at thousands
of U.S. tourist spots and
as far away as China, says
George Strang, whose
Press-A-Penny firm manufactures
rolling machines.
American customers put in
two or four quarters plus
a penny. Collectors design
and press coins to trade
online, while entrepreneurs
squish them to hype products,
say “Merry Christmas,”
and sell as wedding favors.
Few of the coins are worth
a lot in dollars, but they
can harbor priceless memories.
Collector Ray Dillard
recalls a souvenir penny
with a Hawaiian king on the
front and a hand-scratched
list of Pacific battles a
WWII soldier had added
to the back.
—Marc Silver
Posted by National Geographic Staff |
Filed Under:
History,
Wide Angle
Comments
Jan 27, 2010 12PM #
Changing U.S. pennies into
A different design to sell
Is against the fed law to do,
So the I.R.S. would do well
To go after these many crooks,
And charge all with this heinous crime.
Full fines would go on the gov books,
Instead of having to serve time.
Rely on secret tattletales
To turn in those who'll have to pay
For blanking Lincoln to make sales.
Gov revenue - this is a way!
The penny could be worth a lot,
Fining defacers who are caught.
Jan 27, 2010 12PM #
I was delighted to see the article on the uncommen cents in this months National Geographic. I have an 1893 Columbian Exposition pressed penny that I've had for many years. Where does one go about finding out if it has any value?
Jan 27, 2010 12PM #
I would like to know where I could get a Desert Storm pressed penny. I have looked at many sites on the internet but have not found the one from your article. Please let me know or send me contact information. Thanks.
Jan 27, 2010 12PM #
Jim: Any penny from the 1893 Columbian Exposition would claim prices considered "high" for an elongated coin ($40+). The specific variety of elongated matters, because there were a multitude of different designs produced at the exposition. If you give some more information, such as positioning of the words, any stars (and how many, and where), and on what type of coin it was pressed, I can give you a better estimate.
Jan 27, 2010 12PM #
Yes Ima and then the Govt. can go after those folks who remove the tags form their mattresses. Ima I would have to agree with you that this is probably illegal but on the list of important crimes for the government to be trying to solve I dont believe this warrants any action at this time. The money this type of business generates is much better for America than anything that would come out of fines imposed for the commitment of the crime.
Jan 27, 2010 12PM #
IT'S LEGAL!
U.S. Title 18, Chapter 17, Section 331: Prohibits among other things, fraudulent alteration and mutilation of coins. This statue does not, however, prohibit the mutilation of coins if done without fraudulent intent if the mutilated coins are not used fraudulently.
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