Apr 09, 2012, 10:18 PM
1970s Small or Large Date Penny
Hello, i had a few questions about the 1970s small date penny, i was wondering how common they are or if there is a lot of them in circulation. Ive been saving pennies for a while and i was wondering what the real difference is between the large and the small date and what is the typical value of the coin, i have 20 1970s pennies and i was just curious.
Apr 09, 2012 10:18 PM
Apr 10, 2012, 06:01 AM
Last edited by sagittarius98; Apr 11, 2012 at 05:55 AM.
1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.
Originally Posted by Edmund Burke
Apr 10, 2012, 10:04 PM
I love to help people learn about the coins they find or collect.
The top of the 7 is level with the 0 in the date, plus the LIBERTY is usually weakly struck. If you post an image then it's easier to identify. The value depends on the grade and if the coin is red/orange or brown in toning.