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A red point penny refers to a specific type of U.S. penny that has a red dot or point on it, often used in coin collecting and numismatics. This designation typically indicates that the penny is made from a particular alloy or has a unique feature that distinguishes it from regular pennies. Collectors may seek out red point pennies due to their rarity or historical significance. The term can also refer to the condition or grading of the coin, with "red" indicating a high quality or uncirculated state.

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2mo ago

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