Pressed
pennies are elongated coins, commonly known as exonumia. The most
common coins used are US pennies which are squished (pressed) in
between rollers to imprint custom designs on them.
When was the first pressed penny machine?
The
first pressed penny machine in the world started in 1892 in Chicago,
Illinois, at the World's Columbian
Exposition. Someone rolled a $3 gold
piece in that machine and sold it on eBay for several thousand dollars!
Why do people collect Pressed Penny?
Pressed
penny machines are located everywhere in the world, especially different
states of USA and Canada. Each pressed penny machine has it's
own unique
designs that are different from the rest. Because it is
interactive and fun, people
start to collect them. Just like collecting
coins as a hobby, collecting pressed
pennies is also a fun hobby to do.
They are valued, traded, sold, and collected
among coin collectors.
Is it legal to press US pennies?
It
is legal to press US pennies as long as the value of the penny remains
or gets higher. Elongated coins do get more value if the pennies
pressed are of certain
date and certain material, especially those of
uncirculated (1982 and before)
because it contains more copper. The
newer pennies are shinnier and mostly
contained zinc with copper coating and when
pressed, it comes out having two
colours, copper and silver.
How to clean pennies?
Leave coin cleaning to the expert conservators. Never clean a coin yourself until
you master proper cleaning techniques.
Most coins should be left alone, but some coins cry out to be cleaned.
The
following coins could benefit from a cleaning, but they all need to
be treated
differently:
- Coins found by metal detectors
- Coins that are extremely dark with tarnish
- Coins that have developed a film from spending too much time in a vinyl coin
holder
- Coins with tape residue or some other localized problem
We know you have coins that need to be cleaned, and we know you’re
dying to
clean them. So because you’re going to do it anyway, we may as
well give
you
some safe cleaning tips. (Abstinence seems to be out of the
question.)
Please practice these techniques on inexpensive coins until you feel
comfortable
cleaning coins that are more desirable. Never clean coins
that are valuable
—
take them to a professional instead. Finally, if you don’t feel
comfortable cleaning
coins, don’t do it.
Removing dirt
Dirt is an abrasive that will scratch the heck out of a coin if you’re not careful.
Never rub, never scrub, never polish — always use a light touch.
1. Use an artist’s paintbrush to lightly whisk off any surface dirt.
Be careful not to exert any pressure.
2. Rinse the coin under warm water to remove additional surface dirt.
Don’t rub the coin between your thumb and forefinger.
3. After rinsing the coin, pat it dry with a soft towel.
Avoid pressure and any rubbing motions.
Do not use paper towels to dry a coin — the wood fibers in the paper may
leave hairline scratches on fine surfaces. Use a 100 percent cotton cloth.
For really crusty and dirty coins, soak them in olive oil for a couple of days
and try picking the dirt off with a toothpick. Again, be careful
not to exert too much pressure, or the toothpick may scratch your coin.
Removing PVC film
PVC softens hard plastic into vinyl, a popular material in coin holders.
Unfortunately, PVC can leach out of the vinyl and onto your coins,
causing a
light haze, green spots, or an oily film. Over time, PVC attacks the
surface of a coin, dulling the luster and etching the metal. PVC
contamination is so serious
that the major companies that grade and certify coins refuse
to grade any coin with visible traces of PVC.
Removing PVC contamination is easy, but it must be done with care. Acetone,
the chemical used in nail polish remover, works very well at removing PVC
film and spots, but be careful to use it only in a well-ventilated area away from
any flames. You can find pure acetone (the only kind we recommend) in the
cosmetics section at your local drugstore or in the paint section at your local
hardware store.
You may find it necessary to repeat the process with a clean swab until all
the PVC is removed . The first swab will be green in color; the
last swab should be clear.
Keep in mind that acetone is a dangerous chemical. Be sure to read and heed
the warning label on the bottle.
Removing tarnish or toning
If your silver coin has light toning around the edges, if the toning is attractive,
or if the toning is iridescent (showing shifting changes of color), consider
leaving it alone. Many collectors pay huge premiums for nicely toned coins.
Nevertheless, if you absolutely hate the toning, you can try dipping
your coin in a chemical bath specially formulated for removing tarnish.
Your local coin dealer probably carries e-Z-est Coin Cleaner, also known as
Jeweluster or “dip” and widely used by collectors and dealers alike. In Ron’s
opinion, pure dip is too harsh, so he mixes it with equal parts water to make
a softer solution.
You may use dip to clean nickel coins, but never copper coins. Never dip
coins of different metals in the same solution — sometimes one metal will
plate out onto the other coin. Instead of cleaning your coin, you’ll be adding
an extra layer of metal.
Follow these steps for lightly tarnished coins:
1. Quickly dip your coin in the solution and pull it out just as fast.
2. Immediately rinse the coin in warm water.
3. Use a soft cloth towel to dry your coin.
Pat, don’t rub, the coin dry.
Heavy toning becomes a problem for two reasons:
-The surfaces may have faint hairline scratches and/or marks that are
difficult to detect beneath the toning. Before dipping the coin, be sure
to examine it carefully to prevent any surprises.
-If the surfaces are too heavily tarnished, the tarnish will have eaten
into the coin’s surface. Dip will remove the tarnish but the result will be
a coin with an unattractive, dull finish, with no luster.
Practice with a variety of inexpensive, toned coins to figure out what can be
fixed and what can’t. Again, when in doubt, leave the coin alone. More coins
are ruined by well-intentioned but ignorant coin collectors dipping their
coins than by any other method.
Removing lacquer
A hundred years ago, some collectors attempted to preserve the quality of
their coins by applying a thin coat of lacquer. Generally, this method worked
well to preserve coins as long as the layer of lacquer remained unbroken.
However, spots and toned areas resulted when the lacquer became damaged grade a coin that has lacquer remaining on the surfaces.
As with PVC, acetone remains the chemical of choice for removing lacquer.
A short bath in acetone will remove most of the lacquer on a coin, although
additional baths may be necessary to remove all traces. Be patient, and
above all, be careful. Acetone is a dangerous chemical even when used
properly.
(Abstracted from Coin Collecting from Dummies, 2nd Edition) Get this book
What is the difference between international (Singapore) pressed penny machine and those in the United States?
Those who are familiar with international pressed penny machine,
they have a hopper to put US pennies or blank tokens.
Those pressed penny machines in the States, the customer inserts
their own penny together with the coins payment, they are basically
paying for the design of the pressed penny. They are able to insert
the US penny in a direction which they want the design to be pressed
on, while the Lincoln head and the year to be at the back of the
pressed penny.
International pressed penny machine, however, the US pennies
are
loaded in a hopper and when a buyer slots in the coins as payment, the
US penny drops from the hopper into the die to be rolled. The buyer is
paying for the design and the US penny. US penny is hard to come by
for countries who are not in the States. Importing US pennies from the
States will cost currency conversion rates and shipping costs.
Moreover, all these pennies, getting from ebay costs much more than
just a penny cost. Also, if the machine is in the States, sourcing for
tokens or US pennies is not an existing problem at all. If there is no
US
pennies or tokens in the hopper, basically, I will run out of business
but not for those machines in the States.
Does that mean that I am not able to control the face of the US penny which I want my design to be pressed on?
When US pennies are loaded in the hopper for customers to press, the
customers nor I have the control of which side the penny is going to
fall into the die to be pressed.
However, if you are particular about the year of the US pennies or
which side to be pressed, I , the owner of the pressed penny machine is
able to control that. I can bypass the hopper and slot the US penny on
the side which I want it to be pressed. Only I am able to do that. So
that makes this Singapore pressed penny more valuable because you can
get your request only exclusively through me. The public who goes directly to my machine cannot
get exactly what they want, be it wheat pennies or pre-1982 pennies, and
which side to be pressed. However, they might have a chance to get what they want.
Go
and pressed the pennies! People who collect pressed pennies are found
located around pressed penny machines. You can then trade and exchange
coins with them for your collection!