Why does this penny look like this?

[watson8715]

It's gold in color. The date on it is 1968. It feels slightly heavier than a penny. It looks almost like it's coated in something especially around the edge and the part around the edge seems to be coming off in a spot as seen in the first picture.

 

Amazon Forum Fav 👍

DR.ÖTEK Metal Detector, Waterproof Gold Detector, Pinpoint & Terrain Modes, Professional Metal Detector - Grab it through Amazon!

[Kevo_DFX]

My guess is a chemistry experiment. This is a fairly common high school project.

Gold Pennies at Steve Spangler Science

- Kevo

 

[Mike Moutray]

What you have is a genuine penny that was modified for use as a jewelery item. What you see peeling off at the edge is actually a thin brass bezel that is formed around the coin for mounting in or on something. It is all gold plated to make it pretty. It could have come off a variety of things like a chain pendant, money clip, good luck charm, etc.