I don't think they made steel pennies in 1962, did they?
Don't know that they're worth a whole lot at this time, but hold on to them. They may be at some point, and what's the loss if you keep them? May be worth something to the kids or grandkids?
Is this an american penny? If it is, it is copper. They only made steel pennies in 1943. Someone claims they have seen a rare 1944, but who really knows? A 1962 will be worth a penny unless it is part of a mint or proof set. During WW II, all 1943 U.S. cents were struck in zinc-finished steel instead of copper. The copper saved from this one-year issue was used in the war effort, mainly in the manufacture of shell casings. Most of the so calledsteelies were minted in Philadelphia, but some steel pennies were struck in Denver, and San Francisco. Edit Brandi: If it is steel it will stick to a magnet. It truly sounds like you have a discolored penny. This can happen with exposure to different chemicals and even machine washing. The D means that it was minted in Denver You can view a lot of different coin collection samples on OKorder. The values are consistent with expert numismatic pricing. I strongly feel you have a 1962 copper penny.
