Till 1968 vs 1964 for the US.Originally Posted by oyarde
Till 1968 vs 1964 for the US.
Yeah , but some of the 1968 were 50 % silver.
As of December 2012, it cost two cents to make and distribute a penny. http://news.coinupdate.com/cost-to-m...ce-value-1751/ and the penny today is 2.5% copper and the rest zinc so that would mean it really has about .05 cents worth of copper in it (actually even less since the two cents includes making and distributing it. The metal content was worth 1.63 cents (listed at link as "cost of goods sold") so it is really .04 cents worth of copper in today's pennies.
Freedom is a state of mind. Nobody can take that from you unless you let them.
So we should use it as leverage to bring the Fed in line with non inflationary sound money, right?
"Integrity means having to say things that people don't want to hear & especially to say things that the regime doesn't want to hear.” -Ron Paul
“To avoid criticism say nothing, do nothing, be nothing.” ― Aristotle
“The mind, once stretched by a new idea, never returns to its original dimensions.”― Ralph Waldo Emerson
The 95 % copper pennies are before 1982.
I do not keep modern pennies, just flush them in the free coin counter at the bank along with nickels , dimes and quarters and deposit it in checking account.The real copper pennies , I keep , about a dozen makes an ounce. I keep them and seperate of wheat pennies that are common, after 1935 or so . The 1959 - 1981 copper cents in one storage , the 1935 to 1942 and 1944 - 1958 in another.The1943's are steel and worth around, at least 15 cents ea, the 44-46's are made of recycled shell casings from the war .The nickels from 1942 - 1945 are 35 % silver , easily identifiable without reading the date , flip it over, if there is a large mintmark , (P, D or S ) above the top of the dome , you are in.
Oh, too bad there's a law against defacing US currency...
"If you study science deep enough and long enough, it will force you to believe in God." ~Lord Kelvin
I am unconcerned .I save them , if I need them , there will no be no threat of enforcement , my guess
I mentally picture #1 buckshot balls, arrow heads and one ounce rounds
I'm in Canada and this is kind of a bummer. I use pennies for all sorts of things. If you fly RC planes they are great for weight/balance adjustment, and just weighting things in general.
Or you can make medieval armor out of them.
Last edited by Expatriate; 02-12-2013 at 03:38 PM.
"Truth will win in the end. We just don't know when the end is. So we have to persevere." ― Carol Paul
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