By: Ceecee
I wish I had known this when I was a cashier! I used to go through the quarters to check for old silver ones when business was slow!
View ArticleBy: shellye
Flexo, you have made my day…my mom has “bequeathed” to me and my children, a fairly worthless collection of coins minted in Liberia. As smart as she is, she is so gullible when it comes to coin...
View ArticleBy: Ryan
Just a quick note – it’s illegal to melt down coins for the metal. So while silver is collectible based on intrinsic value, I don’t think copper pennies or nickels are worth the effort. You would first...
View ArticleBy: Flexo
The legalities are a bit murky when it comes to melting down… U.S. code says altering is illegal only if done fraudulently, to misrepresent the metal as anything other than an altered coin. But I’m not...
View ArticleBy: cashflowmantra
This is great information. I knew that the price of copper was such that the pennies were worth more but didn’t know the exact date. Now I can go through the penny jar and pick out all the right ones....
View ArticleBy: skylog
you have probably done more research on this than have i, but from what i gathered on some coin/bullion forums that i frequent, the members there talk about it as if it is flat out illegal to melt them...
View ArticleBy: skylog
great post flexo….but shhhhhhhhhhh! we do not need this getting around. it is bad enough i have found about 2 pieces of silver in the past 2 years, soon copper will be scarce as well when the masses...
View ArticleBy: Bobka
100 old copper pennies are worth $1.00 at face value and $2.71 in copper content. For a possible future profit based on metal content of only $1.71, I think I’ll pass. Collecting them would be too much...
View ArticleBy: DonnaFreedman
In the past I’ve found several silver dimes in the rejected-coin cup on Coinstar machines. They’re not “read” correctly by the machine and thus get spit out. The machine now lets users know that coins...
View ArticleBy: Cejay
I have quite a few coins from my birth year ,which is well before 1982. I never collected them for anything other than the fact that they were minted the year I was born. In high school we had to do a...
View ArticleBy: Buck Inspire
I had a feeling about this. It reminds me of people hoarding pennies back in the day. Great info. Better start searching for those 95% copper pennies and nickels. Logical points on why the value will...
View ArticleBy: Aspiring Millionaire
I actually had a friend who, when her father passed away inherited his ‘junk’. None of her siblings wanted anything to do with anything from their dad. She just stored it all in her garage. One day...
View ArticleBy: Sam
Ryan, specifically what law are you referring to—i have not been able to find one. I did find wher you couldn’t deface coins, implicating creating a fradulent coin, but not any law against the melting...
View ArticleBy: csdx
Depends on how you’re collecting them. If you just sort through your change every so often and pick out the goods ones, then there’s no risk at all. Say the metal market crashes, and there’s only...
View Article5 Reasons to Collect Coins and Tips to Get Started
Throughout recent American history, the metals used by the U.S. Mint to create coins for circulation have increased in value relative to the currency. As a result, at certain points, the Mint changed...
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