Have you ever brought a pressed penny home from one of your family vacations?
Pressed pennies have been around for over a century, at least. They started out by folks very dangerously placing pennies on train tracks and carving their own designs on the flattened surface.
When penny-pressing machines came around, pressed pennies started to gain even more popularity. These 10 facts about them will teach you all about these souvenirs.
To some, it may seem a bit silly to pay 25-50 cents just to get a smashed penny with a design on it, but to others, it’s an engaging hobby. Some things are worth much more than the monetary value that’s placed on them.
Sometimes, it’s the thrill of the chase for collectors.
Where did you get your first pressed penny? Do you still have it these days? Please SHARE with family and friends on Facebook!
1. They First Appeared In Chicago
2. Folks Have Dangerously Tried To Make Them On Train Tracks
3. Mutilating Coins Is Illegal, But Pressed Pennies Aren’t
According to statute 18 USC Section 331, in brief, it’s illegal to mutilate coins with the intent to use them fraudulently, but since pressed pennies are made as souvenirs with no intent to pass them off as currency, they get the green light.
4. They Take A Lot Of Force To Make
5. They Go By Many A Name
6. They Are Categorized As Exonumia
What is exonumia, you ask? Things considered exonumia are items that resemble money, but are not legal tender, such as tokens, badges, tags, wooden nickels, and of course, elongated coins.
7. Disney Has 40 Penny Machines
8. People Have Documented Their Journeys To Collect Them
9. Some Pennies Are Better To Use Than Others
10. It’s Virtually Impossible To Collect Them All
Serious collectors know how vast the array of different styles is, so they usually try to stick to just one genre of design, like politics or space. Some also try to get every design from one specific brand or type of roller, according to Penny Collector.
It’s a whole wide world of elongated pennies out there. Did you know all about it? Do you think you’ll start collecting? Please SHARE with your family and friends on Facebook!