rare coin in Salvation Army kettle

[MrBern]

http://cnews.canoe.ca/CNEWS/WeirdNews/2006/12/07/2670505-ap.html

1908 indian head coin dropped into a Salvation Army holiday collection kettle

The donated 1908 Indian head coin has a face value of US$2.50, said Capt. Louis Patrick. But it's worth at least at $250 and possibly as much as $14,000, according to a preliminary analysis.

 

[Solid Citizen]

NICE STORY

Mr. Bern, its good to know this coin will help people in need!!!

SC

 

[jamespowers]

Obviously the author is not a numismatist. The face value is still a cent. The copper scrap value is $2.50.
The 1908 Indian Head Cent was the last of the Indian Head cents as the Lincoln Cent came about in 1909. The amount minted in 1908 was extremely small so they are very rare. Thus the value in thousands of dollars.
Oh and the protective plastic is known as a slabbed coin.

Regards,

J