10/12/11

LOOKING FOR EASY MONEY?


You'd better check the back and bottom of that dresser drawer to see if you've got a collectible. You could be the proud owner of a genuine Lincoln-Kennedy penny. It might be lurking beneath your unmentionables. Wonder what it's worth? 1 cent. That's right, the penny is still worth a penny. The Lincoln-Kennedy penny is basically a fraud. It wasn't government issued. It was some guy thinking he could make a buck so he defaced official US coins.


(SOURCE: TV Guide, Sept. 7-13, 1974)

Now, the cardboard the penny is stuck on, the actual ephemera, that is probably worth more than the penny, but barely. You can see one of these coins and read a bit about it here and here.

Decades come and decades go, but there's always a snake oil salesman with a new gimmick to sell. And there are always suckers willing to part with their pennies.

Two pennies for a dollar! This sounds like a Wall Street scheme.

5 comments:

  1. The business was in FREEport. Hmmm.

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  2. Should have been Pennyport.

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  3. They're almost rubbing noses. How sweet.

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  4. I used to have one of those and the cardboard it was glued on had a list of similarities between the two. Lincoln's secretary Kennedy warned him not to go to the theater, Kennedy's secretary Lincoln warned him to go to Dallas. Those sorts of things.

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  5. Hoping you bought it at face value, or two-faced value.

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