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 …
Why do People Buy Newer Zinc Pennies?
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 …
1943 Penny
1943 Penny This is the 1943 penny you will see. The steel penny of 1943 is made primarily out of steel with a zinc coating. But why was steel used this year? The answer is unfortunate: War. During World War II, copper was in such demand for tank shells and ammunition that pennies were made of steel …
Rarest Penny Sells over $1 Million at Auction
Rarest Penny Sells over $1 Million at Auction The elusive extremely rare U.S. one cent coin minted in 1792 has officially sold for just over $1 million. There are only 14 known survivors in existence. The coin is known to be a prototype, being one of the first pennies ever minted. The penny was auctioned off at the Renaissance …
Pennies Worth Money
Pennies Worth Money All pennies are worth money. At least one cent. But what are pennies worth money that are truly valuable ones? In bulk, copper pennies (made of 95% pure copper) are worth well over their face value. That makes copper pennies an ideal copper investment when buying by the pound or ton. Wheat pennies/cents are also valuable and …
Mis-Struck Pennies
Mis-Struck Pennies With millions upon millions of pennies constantly being minted, errors are bound to happen. In the particular case of the example photograph above, this is called a mis-struck penny. This means the penny minting stamp was not properly aligned with the actual penny blank being fed through the machine, causing the penny to literally be mis-struck. …
1909 VDB Lincoln Wheat Cent Penny
1909 VDB Lincoln Wheat Penny So after a good days work sorting pennies, pennies always end up on the floor everywhere. It’s a natural hazard of the business. Normally, picking them up one by one would be mind boggling painful so usually we use a broom to sweep them up. After a long day of sorting today, we swept …
Dimes And Silver Dimes in Penny Bags
Dimes and Silver Dimes in Penny Bags Time and time again, we get very confused. Dimes in penny bags happens. A lot. Don’t get us wrong. We love it. After all, the newest record is officially: 3 nickels 241 dimes 1 silver dime Yes. That’s right. A $50 penny bag had $24.10 in …
Dimes in Penny Bags
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 …
Sealed Penny Boxes Versus Bags
Sealed Penny Boxes Versus Sealed Penny Bags Looking for the latest new penny box? Check here: New 2017 Pennies $25 pennies box Pennies are fun. The copper ones from 1982 and pre 1982 are worth more than their face value (copper pennies are 95% copper and 5% zinc). This makes the copper penny worth more …
