I think assuming 25% of the pennies in circulation are pre-'82 is wishful thinking.
You might have some real beauties sitting in there, who knows maybe even a few Indian heads? Worth going through, just for the fun of it.I have 2 bank bags of rolled copper pennies from the 70’s. Got them as a gift been sitting on a garage shelf for 10-15 years. Still waiting
I have been saving copper pennies my whole life. Me and my dad have several probably at least 500. The gas station saves them for us. But we are collectors we would never melt them down that is crazy. We collect all currency so we have a little bit of everything but copper pennies is something we definitely have the most of.
If you invest that 2 bank bags of pennies from the 70s, they would probably worth 20 bags today.I have 2 bank bags of rolled copper pennies from the 70’s. Got them as a gift been sitting on a garage shelf for 10-15 years. Still waiting
It's probably a high estimate. I made few bags of copper cents like 12 years ago when people were making a big deal about how some pennies might equal 2 cents worth of copper. Somewhere cluttering up my house is some bags of copper cents doing nothing for me still.I think assuming 25% of the pennies in circulation are pre-'82 is wishful thinking.
Think about the value of your time in dollars per hour, and the time it would take to obtain the coins, sift through them, reroll them and then go to the bank for more. Vs your potential return.
I'd forget the pennies, and start stacking away some silver. Takes less time and effort.
I meant buy silver, like bars or silver eagles. I did not mean sort though dimes and quarters too.I'm afraid there is not much left out in circulation. Every once in a while, I find a dime, and I know what I'm looking at!
29 years ago, I bought a bag of $1000.00 face value Quarters and Dimes for about $1300.00 Dollars. I was thinking about buying some more since I already had a pretty sizable collection of PCGS investment grade gold coins. The precious metal/coin dealer I was buying from asked me where I would store say 5 bags of $1K face value of silver coins. He mentioned I would not want to pay the safe deposit box fee's for "Face Value Silver Coins". I realized he was right. 29 years later, he is still kinda right, but dang, the stuff has turned to gold!
This is just a random internet coin sales place, I have no idea of its reputation, but this price is ridicules! Don't buy, don't buy, don't buy!!! Total rip-off....
Buy 90% Silver Coins - $1,000 Face Value Bag | APMEX
90% Silver Coins - $1,000 Face Value Bag | Largest selection & fast free shipping on orders $199+.www.apmex.com
Yeah those and worse on ebay are a rip.I'm afraid there is not much left out in circulation. Every once in a while, I find a dime, and I know what I'm looking at!
29 years ago, I bought a bag of $1000.00 face value Quarters and Dimes for about $1300.00 Dollars. I was thinking about buying some more since I already had a pretty sizable collection of PCGS investment grade gold coins. The precious metal/coin dealer I was buying from asked me where I would store say 5 bags of $1K face value of silver coins. He mentioned I would not want to pay the safe deposit box fee's for "Face Value Silver Coins". I realized he was right. 29 years later, he is still kinda right, but dang, the stuff has turned to gold!
This is just a random internet coin sales place, I have no idea of its reputation, but this price is ridicules! Don't buy, don't buy, don't buy!!! Total rip-off....
Buy 90% Silver Coins - $1,000 Face Value Bag | APMEX
90% Silver Coins - $1,000 Face Value Bag | Largest selection & fast free shipping on orders $199+.www.apmex.com
I'd worry about counterfeit plated bars from ebay.Yeah those and worse on ebay are a rip.
As far as Ag bullion, 2-3 years back, the ebay deals WERE the go to. Just a bit over spot. NOW try to find anyone selling $1 over spot. Most are $3-$4 OZ OVER spot.
It is a thing for sure.I'd worry about counterfeit plated bars from ebay.
I think it would be dang near impossible to find any silver in circulation now.I meant buy silver, like bars or silver eagles. I did not mean sort though dimes and quarters too.
Too much time and effort.
Yes like a random dime every 5+ years now.I think it would be dang near impossible to find any silver in circulation now.