Why Penny Count by Weight Won’t Work

In Brilliant Uncirculated Pennies, Copper Pennies, Lincoln Wheat Cents, Penny Bags, Unsearched Pennies by coincollectingenterprises

Why Penny Count by Weight Won’t Work Counting pennies by how many pennies per pound just does not work. But why? That’s because not all pennies weight the same. In 1982, the metal composition of the penny was changed from being made of 95% copper to 97.5% zinc. This mean the weight of each penny changed from 3.11 grams to …

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Penny Nickel Composition Change Findings

In Brilliant Uncirculated Pennies, Copper Pennies, Investment, Nickels, Penny Bags by copper pennies0 Comments

Penny Nickel Composition Change Findings     The Coin Modernization Act of 2010 has officially announced their findings. So what is the answer? ‘We need more time.’ No news is the absolute best news as it means that we all have a lot more time to capitalize on pennies and nickels before the Government takes them in themselves. Most intriguing …

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Coin Modernization Act 2010 Reports 2012

In Brilliant Uncirculated Pennies, Copper Pennies, Investment, Nickels, Penny Bags by copper pennies0 Comments

Coin Modernization Act 2010 Reports 2012     A friendly reminder that the Coin Modernization Act 2010 is to report its findings mid-December 2012. That means, any day now, we could get the update on whether the penny is being eliminated or having a metal composition change. This also goes for the nickel being eliminated or having a change in …

Why do People Buy Newer Zinc Pennies?

In Brilliant Uncirculated Pennies, Penny Bags, Unsearched Pennies by copper pennies0 Comments

Why do People Buy Newer Zinc Pennies?   What’s so special about these coin bags full of newer zinc pennies? It’s about perspective and experience. To some, these are worthless trinkets because of their metal zinc content. Sort out the older coins and deposit these for face value. But is this an accurate assessment? To a Lincoln Cent Collector, the …

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How Much Copper is in a Penny

In Copper Pennies, Penny Bags by copper pennies1 Comment

How Much Copper is in a Penny       The amount of copper in a penny depends on the year the penny was made or minted. The most common pennies you will find are what are commonly called zinc pennies. These pennies are dated mid 1982 and newer and comprise of 97.5% zinc and 2.5% copper. Pennies dated mid …

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Dimes in Penny Bags

In Copper Pennies, Penny Bags, Unsearched Pennies by copper pennies0 Comments

Dimes in Penny Bags       Pennies come in penny bags. This may seem obvious. But did you know there are plenty of other things in penny bags too? Dimes are the biggest culprit. Nickels, quarters, and euro are common as well. Not to mention the couple times we found teller keys in the penny bags (whoops). In sealed …

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Sealed Unsearched Penny Bags

In Penny Bags by copper pennies2 Comments

Penny Bags       Sealed penny bags from banks are great ways to search for rare coins and also collect copper pennies while you sort through them. Save the hassle of begging banks to give you penny bags, or worst yet, cracking open penny rolls from penny boxes. Getting penny bags from banks to sort for rare pennies and …