Why You Should Be Hoarding Copper Pennies
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- Опубліковано 21 вер 2024
- Let's talk about several reasons why you should be hoarding copper pennies. Is it legal to alter or melt them? We'll discuss that. Maybe the Feds are discussing other changes, We'll discuss that too. The price of copper? Of course. Please give me a thumbs up if you find any of this video of value. I'm also working on a goal of my own. You'll see.
When you go to my mats on eBay, if you buy 2 or more, you get a discount, plus I'll send you a free wheat penny just for fun.
Lincoln cent hunting mat: www.ebay.com/i...
Nickel hunting mat: https: //www.ebay.com/itm/124317431129
A few people have wanted to send me things that they may or may not want me to feature on my channel. If you do please specify. And please keep it respectful. Thank you. Here is my box address:
Twosheds Gabby
6661 Dixie Highway Suite 4 Box 148
Louisville Kentucky 40258
In the 70s my mom would take me to the bank and buy $20 off rolled pennies . I collected the wheat pennies and today have $200 worth . I now want to collect copper pennies after seeing your video . Yes finding a dime in a penny roll is cheap thrills but never gets old . Though i cannot forget when my brother took a barber dime from my collection and bought an ice cream from the ice cream man truck
The bank tellers remembered me and one let me buy $50 of rolled coins that had been sitting in a churches safe from a carnival . They were all wheat and silver dimes and quarters !!!
The ice cream was worth the story 😮
👍😉
Big wheat collection, how cool. Somebody owes you a barber dime, or at least an ice cream.
Oh my goodness... I would so love that. If anything like that happens again, make a video and send it to me, and I will post it on the channel (if you'd like)
When I started in the work force in 1967 I decided that since wheat pennies were no longer being minted they would certainly be worth a lot later. So, every time I cashed a pay check at the bank I would get two rolls of pennies and save the wheats. When I first started I would get as many as 10 out of a roll. Not always did I get 10 but I always got a few. My plan was that by the time I had kids the old pennies would pay for their college education. Like I said that was my plan. I still have the pennies I saved and some day my kids can have them, maybe they will be worth something by then. I have added to them over the years, and it's always fun to find a wheat penny.
They are great to find. Sorry they didn't put your kids thru college. Some people say to me "what's the point" I like them, that's the point.
@@TwoshedsGabby The ones with mint errors will put your kids through school.
@@BeyondOurSolarSystem I understand your point, but my oh my the extra hours it takes.
I have now saved 24 rolls of wheat pennies. What can I get for them?
@@tmo4330 well if you want to sell them look on eBay for an idea
@Twosheds: thanks very much for producing this video. Though I really didn’t learn much, because I have been a coin collector and a roll-searcher for many years, I did find it to be very interesting. I hope that it will inspire others to start searching for copper pennies also. It is my belief that in a few decades, copper pennies will become as rare as circulating silver coins are right now.
Several years ago, I had separated copper pennies from about one thousand dollars worth of circulating coins. I had well over 50 pounds worth, but ended up putting them through a coin counter to get the money a couple years back. Now I have started up again. Here is my experience:
1) There are 146 copper pennies per pound, and 1 pound of pure copper takes 155 pennies. You don’t have to weigh them, you just have to count them.
2) several years ago I was getting an average of about 14% copper pennies, but now it is somewhere between 11 and 12%. Part of this is due to people like us who are removing the copper pennies from circulation, but most of it is due simply to new production of the zinc ones.
3) I don’t get many Canadian pennies, maybe three or four per box. I think that how many of them you get on average depends on where you are located. If you are near Canada, particularly in Michigan or New York, you are bound to get more Canadian coins. I am in south Texas, so I just don’t get too many of them. I just take the pre-1982 Canadiens and throw them in with my US copper pennies. It isn’t worth separating them out for me.
4) regarding wheat pennies, I usually get 10 or 11 per box, but I have had a few boxes with none, and in one box I got over 20. I haven’t yet had that lucky score where somebody cashed in their grandfather’s coin collection, but I’m hoping for that someday. I separate out my wheats by decade. In the latest batch of four boxes that I got this week, I got a 1917, a 1927, three from the 30s, and about seven each for the 1940s and 1950s, and I still have one box left.
5) regarding Indians, since I started up again a few months ago, I have only gotten one. It is an 1892, and it was not in the worst condition, either. Based on the grade I determined from the Photograde website, and looking up the value for that online, it is worth somewhere between 10 and $15. Right now I just added it to my Indian collection, but someday I may get rid of it on eBay.
6) I have only occasionally gotten dimes mixed in with pennies, but this latest load surprised me, as I got three dimes in the three boxes that I have gone through so far. That makes up for the times when I have gotten rolls of nickels, and found pennies mixed in. I know that somebody is doing that on purpose, because the coins are very different in size. With pennies and dimes, it is clearly an accident due to their similar size.
7) regarding nickels, when I get them, I do what you do, look for pre-1960 ones. I make one exception to that, anything from 2009 gets put away. I once had about 10 rolls of them, but also cashed them in, much to my regret. I find about one war nickel for every two boxes that I go through, and one buffalo for every three or four boxes. I look at both of those as a pure gift from Heaven.
Thank you so much for your information. Much of your hunt is similar to mine, except I have gotten an Indian Nickel in a long while. It used to be fairly common to get one now and then. I really appreciate the time you spent writing me.
I have one of those grandpa collections with tons of uncirculated wheat pennies. Im trying to find a value and where to sell them. If anyone knows more about this or is interested let me know.
Thank you very much for you input, I truly appreciate it. We are pretty close to the same in what we find, and I'm in Kentucky. But I have yet to find an Indian penny. I have found 2 V nickels, and one of them was an ender. That was fun. My thoughts exactly on the future of copper pennies. What is your opinion on the Kennedy half NIFCs? Worth keeping? I'm considering taking my many rolls and just buying some silver rounds. A few years ago I sold a few hundred for 75 cents each, but don't have a buyer anymore.
@@TwoshedsGabby I also found one liberty nickel once, and it was also an ender. My son found one near a tennis court at his school. I really wonder what people are thinking to allow something that old get “into the wild.“
I go back-and-forth on the Kennedy NIFCs. Yes, they are pretty rare. But on the other hand, they were made that way on purpose. I think that the only way you can really get any value out of them is to have a complete set that you sell to some collector, or if you find one that is in such fantastic condition that you can get it graded as a 67 or 68. I’ve got to believe that those are quite rare by the time they turn up in bankrolls, as they’ve been banged around quite a bit at that point. I had gone through a few dozen boxes of halves many years ago, and collected a few rolls of those, but in the end, I decided to cash them in. I have no idea where to sell them, let alone for any kind of a profit. I still don’t have a good answer to that, other than what I mentioned above. Now I have a More silver….that’s really appealing.
huh in a few decades, in a few years there wont be any coins or cash being exchanged. All digital. The CBDC
I randomly went through an old tin of pennies last week and found a Roman coin from 300 AD or so. It’s not worth a whole lot but a very unexpected find. What’s baffling is how something like that goes through circulation for such a long time
That's just crazy... It's odd something that old not being worth a good bit. But still a fantastic story, and equally great find.
People as a whole are so out of touch. Anyone who saw that coin in circulation probably just thought it was a forgein coin or one you can commonly find at the bottom of a junk box or something.
Most people have no clue.
👍
Did you have it appraised?
Wow I mean what are the odds
I have jars of penny's I've been saving but I honestly have no idea what to look for. Glad I found you. Thank you for sharing.
Thank you. Just keep 1981 and older
Keep in mind as well that the American nickel is 75% copper.
Yes, they are, except for the 1942 through 1945 'War Nickels' (1942P, '42S, all 1943 through 1945) which were 56% copper, 35% silver, 9% manganese). The first coins to be issued of that alloy were the 1865 - 1889 Three Cent Nickel which were followed one year later (1866) by the Five Cent Nickel. The same .75 copper, .25 nickel alloy is also used for the outer layers of circulating dimes and quarter dollars dated 1965 and later as well as half dollars dated 1971 and later, all Susan B, Anthony Dollars and Eisenhower Dollars struck for circulation. Such 'copper nickel clad' coinage has net content of 91.67% copper.
U.S. Cents (pennies were British) minted from mid 1864 through mid 1982 (with exception of 1943) were a bronze alloy netting 95% copper.
Considering that CN clad dimes, quarters, halves are 91.67% copper, you may as well hoard those as well if you're going to hoard 95% copper cents.
Ending production of the Cent and Five Cent coins for circulation is long overdue as mintage and distribution of them costs taxpayers more than their face value.
1982 is copper ? 81 and earlier all copper? Thanks 🙏
@@revbikerbigd8664there are both 3.1 copper and 2.5 zinc alloy for 82 but if you can find an 83 copper 3.1 grams your paid
Yes, I keep all of them from 38 to 59, I have 100,'s
@@revbikerbigd8664 The change from bronze (95% copper) to copper plated zinc occurred in mid 1982, so there are both bronze and zinc cents from both Philadelphia and Denver dated 1982.
Weigh your 1982 Cents. Bronze examples weigh 3.1 grams, copper plated zinc are 2.5 grams.
I do the same here in the UK. It's much easier here, we have pennies that weigh 3.56 g and also two pence coins that weigh 7.12 g. They are 97% copper not 95% like in the US. The change to non copper happened in 1992 so there's 10 years worth more in circulation (some copper ones were made in 1998 for whatever reason). And the best thing is that they were changed to plated steel not zinc so you only need a magnet to sort them quickly and don't have to look at every date.
Oh man... That's great... I would love to come your way and experience that. BTW, my wife and I watch 95% British/Australian tv, by far our favorite. I will say however, the newer stuff is getting as trashy as ours. I started a Facebook a few years ago "across the sea tv" it's still there but I have not been active on it in sometime. Thanks for writing. I may mention this in my next copper video.
U
@@ricklubrick6102 u?
Same here. Just waiting for the UK to announce it's dropping the 1p and 2p coins. Both useless coins anyway
@@davidbenjamin5356 but they're pretty neat looking
I've been saving my copper pennies from my change for about 20 years now ! I thought all 1982 pennies were copper ? Yesterday in my change, I got a 1946 wheat penny, and 2 months ago, I was given a 1936 D Mercury dime in really good condition in my change !!! Hard to decipher the value from what I searched on the net ! I like what you are doing, so I subscribed !
Thanks for subscribing, yeah only about 2/3 of the 82s are copper. It was apparently late in the year they switched to zinc. Way to go with the wheat penny and dime.
3.1g 1982 is copper. 2.5g is copper plated
@@drip369 OK, Thanks ! 😀
I just found a 1944 penny not sure it that year is important but it’s different
@@kona887 Very Cool ! I would do some research on if it is a copper or steal penny ? I think it should be the first copper penny after world war two ? Check to see if it is a PLAIN or an " S " penny, or a " D " mint ? And lastly the condition ? I would save it regardless ! Almost 100 years old ! I save all my wheat pennies !
I really enjoy your coin search videos. You actually show the hunt, and don't chop it up into a 5 min video with results. The Silver and Penny hunts are great
Thank you so much. I enjoy making them. Thanks for watching
@@TwoshedsGabby I have been saving pre 82 and all of my nickels from the wild the past 4 years or so. Nothing really rare yet. I did find a 59' D that I may send to be graded. It looks like a MS66 or better. Half Dollar hunts are fun also. Thanks again for the longer hunt videos, I really enjoy them 💰
@@dannydyer9961 thanks again Danny, best of luck with your hunts. I'm rounding up halves now for my next video.
@@dannydyer9961 'Half Dollar hunts' are like mining silver at the bank!
@@-oiiio-3993 I spent a few years reading all about the history of gold in America, I wanted to get out in the creeks, but I only actually got out there a few times. I'm even a lifetime member of the gold prospectors of America. This silver hunting is part of my prospecting dreams you might say
One day I was walking into work, I found a penny on the ground, picked it up and put it into my pocket. A little later I was putting the change into the till, and found an Indian head penny, so switched it with the one I found earlier. Pennies from heaven!
Wow, that's very sweet. I have never found an Indian head penny in change, or coin roll hunting. I think I found one metal detecting years ago
30-40 years ago you'd come across a wheat-penny every now and again. I've never found/held a Indian-head penny. What a cool story.
@@PacificAirwave144 as soon as i read your post i had to pull out my coin box. i do a lot of metal detecting. if you want an indian i can mail you one.
@@ericstalter1917 That was a wonderful comment / offer to make!
@@ericstalter1917 I thought the indian head penny was a rare thing! I live in Canada and would love to find one! We no longer have pennies here. Nickle is the lowest coin.
I like the way you think, sir. I just bought a Few boxes of pennies. Thought I would show the grandkids a new treasure hunting Experience. Go Jolly.
Thank you and fantastic. It's a great hobby. It can pay you, unlike many hobbies, and there is good history lessons too
@@TwoshedsGabby I'm thinking of collecting as a hobby. Reason being...it takes up a lot of time.
@@thisisme3238 true , it can take a lot of time. Give it a try, see if you like it.
Why does it take 23 minutes to explain an answer to a question. As many years that I e been on this planet, it has never taken anyone that amount of time to answer a question. Videos like this aggravate me. In simple and concise terms, just answer the question.
There's no point getting aggravated. If my style of video is not for you, just don't watch. I get hundreds of messages from people that enjoy the videos. My style is going through a box of coins, and talking as I do it. Sorry it's not for you.
Copper is what I call the poor man's gold.
It's called scrap man's gold...
Silver is the poor man’s gold, copper is the poor man’s silver
Haha, I thought silver was the poor man's gold, and copper was the poor man's silver.
@@LouisE-mp8lxPerfectly stated
@@TwoshedsGabby and Tattoos are a poor mans way of investing in art!
Why is this so relaxing, just to watch you sort through them? Probably due to your comments and the tone you have. Thank you.
Wow, thank you for the compliment
Im semi new to collecting, I learned lots of new stuff from you and the other commentors, thanks!
You're welcome, welcome to the coin world
I've been collecting copper penny's for about 20 minutes now! Already have over 11 ounces not counting 12 1982 pennys or my 1 Canadian penny! Just waiting for copper to go up and make me rich! Thanks for sharing.
Great start. I hope you get rich from your copper, that means maybe I will too
20 minutes doesn't leave much time for life , you are really addicted.
Nice video. Have been saving copper pennies for years, but I mostly use them for electrical work or drill holes in them to make washers.
Someone told me they use the zinc ones for washers, what a great idea
Keep your copper use the zinc crap that isn't worth a spit
@@red2965 👍
Bad idea. You could be looking at rarities worth tens, hundreds, thousands and more.
@@red2965 Unless it is a rare date or in exceptional condition. Those could easily be worth $30 or much more.
This was the first set of coins my father started me on, and when I heard the average cent is now over three cents I have gone back to basics, collecting Flying Eagles, Indian Head Cents,and Lincoln Cents, along with Canadian cents. It is great to see someone who has the same interest as me, and last night I found 4 Canadian cents from the 50 - 60's, 26 Wheat
Cents from 1910 - 1956 , and a Bani from Romania ( Province TRANSYLVANIA) 1840 STILL HAD FULL LUSTER!!! ALL IN $15.00 IN PENNIES!! GARY BAILEY
Oh my goodness, what a find ! Congratulations, that is certainly some cool beans there. Thanks for watching, and I hope to hear from you again.
The fact is, saving nickels is much more valuable. And you do not have to considering separating them, since all nickels are worth the same except for war nickles which of course are worth a whole lot more.
Well you have a point with the not separating. At the moment they are only worth 1 cent over face value, but I agree the value will only go up.
@@TwoshedsGabby Nickel is absolutely valuable in making armour plating.
@@battleofarmageddon1366 there is no doubt about that.
@@battleofarmageddon1366 The alloy used for the U.S. Three Cent 'Nickel' of 1865 - 1889, Five Cent 'Nickel of 1866 - present (except for 1942 - 45 'War Nickels') and the outer layers of 'copper nickel clad' dimes, quarters of 1965 - present and half dollars of 1971 - present is 75% copper, 25% nickel.
The 'War Nickels' of 1942 - 45 have no nickel at all, being 56% copper, 35% silver, 9% manganese.
@@-oiiio-3993 I follow the prices of us coins. I also have about 160 war nickels.
Just here by fluke but I just remembered that I have thousands of pennies that were forgotten until now. Thanks big guy!
Hey, hope I was able to help. Thanks for stopping by Ned
About a year ago, I got 4-1952 pennies back in change from a Burger King. All together, tells me someone robbed their coin stash. (collection ?) When I see lots of Wheaties floating around, to me it's a sign of people digging into their coin banks. I went through a zip lock bag that I'd saved since 2003. Lots of copper and a few Wheaties.
Yeah, when we find silver , it's sure because someone took someone's collection to the bank
Could also have been from an estate.
The one thing about the silver coins into rings is that it’s totally legal to melt down silver coins even if you don’t make it into jewelry. Silver coins are completely legal to melt. Literally the only restriction is on Pennie’s and nickels
Ok, I'll look into that
I bought 2000 one ounce copper rounds ten years ago at approximately 50 cents each - still holding.
Wow, that's actually pretty cool. I don't like paying premiums generally, but you certainly made a good purchase
If you would like to sell any I'd be interested. I'm trying to collect for my grandchildren and their children.
worked out to about the same as holding an S&P 500 etf for ten years. Ill take the S&P
I been doing this since 2006. I save the zinc ones too. Accumulated an obscene amount of coins. Once I even paid for a five gallon glass water bottle filled to the top.
I highly recommend getting anything you can.
You bought a container of coins?
@@TwoshedsGabby Yes a five gallon water jug completely full.
Just separate the two
@@mysterybuyer3738 oh, well that's interesting. How did you decide how much to pay for it
@@TwoshedsGabby Yes I also been separating them as I go along.
Over the years (20+ or so), my job afforded me a lot of change from customers. I separated the '81-down pennies for their copper content, and sorted the wheat pennies out of those. The post-wheat thru '81 I marked on a post it, put that post it on a 50-roll, and kept marking/rolling. I asked these silver/gold UA-cam guys if they were interested....they laughed. I was asking 2 cents per. So $1 per 50-roll. That was basically what just the copper content was worth. For all I knew, there could have been somewhat-rare pennies in there. But I started depositing them. I still have some.
Just because some people are not interested, don't think that nobody is. Look for copper penny lots on eBay, and you'll see
@TwoshedsGabby What do you do with the zinc pennies?
@@nuggz4424 I return them to a bank branch that has a coin machine
I would laugh, too. Grand waste of time. You won't even make minimum wage on pennies no matter what you find and your time would have been better spent earning some real money for the same amount of time invested.
I hoarded pennys from 1970 to 80. I finally decided to roll them up and sell them. What a pain in the neck. I still feel it. Now I just tell the cashier to keep the pennys.
Haha. You rolled them up, wow, that's a job
I've been going thru boxes of pennies for years. Almost at $300 in copper pennies. Shoot have somewhere around 5,000 wheats and 24 Indian heads. Oh also have 30 boxes of nickels stacked. It's hard to not want to stack nickels. It's like premium free metals. Shoot every box I trade a fiat $100 for I get $130 in metals. I can't imagine we will get to keep doing that for much longer
That's great, so far on the nickels I just keep 1959 and older, rolls and rolls of them, I have yet to find an Indian head penny in my hunts
@@TwoshedsGabby most of my Indian heads came from 1 awesome day. I got 2 boxes of pennies from a bank and they were in bags not boxes. Guessing they rolled up their change machine. Anyway first roll had 4 wheats and I was thinking wow. Also had some slight green slime on them. It wiped off. Almost looked like gojo hand cleaner and thinking someone kept a change jar in their work shop forever and cashed them in. That first box I have over 100 wheats and 12 Indian heads. The second box was not quite as good but still lots of wheats. So went back to bank and bought all the pennies they would sell haha. Think they gave me 3 more bags. Not as good as that first but still more wheats and a few random Indian heads.
@@Userhfdryjjgddf that's great, what a fantastic day out hunting
Yes nickels are excellent for hoarding. An ultra no brainer. The bank tellers cant figure it out lol
That's an amazing hoard. Yeah, you never know when it will end. Hoping to get a box of nickels tomorrow
I have been saving copper pennies for years. My greatest concerns, however, are how do I sell them and who will buy them? The way it stands now, I will be the old man man who dies with all those copper pennies!
They sell on ebay now for more than 1 cent each
Just keep saving.
Nobody will buy them. Even if you got 2 cents on eBay, you won't even make minimum wage for all your time spent.
@@davidb2206 thanks for watching the video
@@davidb2206 automated sorting machine
Fun fact about Canadaian pennies 11 years since they stopped making them and you still are not allowed to melt them down.
Really? I've wondered about that. Because they still consider them legal currency.
@@TwoshedsGabby for now tell there is a shortage so they can flood the market with copper to collapse the price that is the strategic move they got... plan B after all
I’ve been saving copper for about 2 yrs . Have about 1/2 a quart jar so far . I bought bank rolls last year and got about 10 per roll average
10 is pretty good
If you do this, I would use another Coppersource, I think you can leave it in coins best because it gives it a legit mark of it's compsition just as with Silver coins. Don't make bars or boullion unless it's scrap.
I completely agree. I was just talking about the legalities. I will most definitely keep mine in their legal tender form. If I decide to sell them. I'll just sell them as they are.
I found at college dorms to apartments locally easy copper chords instant scrap. Trailing construction sites many construction crews do days later cleanups allowing anybody to pick up their scrap copper wastes. A local plumber just threw in the trash copper pipe waste because putting in his truck to him recycling was not money making for his all the time demand schedules.
I have long ago gotten scrap from construction sites, not sure why I have not pursued that more. It can actually be a good source. Thanks
@@TwoshedsGabby When you say 'gotten' I hope that you got it legally and didn't steal it. I've read a good number of people who got caught stealing material from areas under construction. It's not worth it.
@@stanleykijek6983 ... We're talking about laying on the ground many cut power cables or heavy duty electrical box cut wires they aren't going to use again. Many cut copper pipes left on the ground after completed and awaiting inspection level. A scrapper noticing days of these material laying in the same position before a clean up crew of low wage workers do their part (always ask people working there). The working crew acknowledged going to garbage every copper I picked up locally.
Your title is “Why you should be hoarding copper pennies.” Even many new collectors likely know about the melt value of copper pennies (up to 1982) being way more than face value.
So I was looking for more than that and was disappointed that I didn’t get any more out of the video.
It would have helped if you gave some kind of upfront disclaimer about who (specifically) you were targeting when making this video. Finding a wheat cent was exciting to me perhaps 20-30 years ago, but I’ve got bills to pay and need to make something close to minimum wage to get by.
You seem like a decent guy, but I consider my time to be a very precious asset. Thankfully I was able to shave while listening to your video, so the time was used at least semi-productively.
I do sincerely wish you well in the future.
Thank you. I'm sorry you were disappointed from my video
I bought about 100 pounds of coins last October from a hoarder. 60 pounds are wheat penny. That plus what I already had are around 20,000 coins. A large coffee can of Canada cents going back to the 1920's. Addictive hobby. lol
Our hobby is something we are drawn to. That is a lot of coins. Pretty nice collection indeed.
@@TwoshedsGabby i started with buying pocket change from neighbors and friends, buckets full, pickle jars and coffee cans. Word got around then strangers and children came around to find me with plastic juice bottles full of change. I searched 30 thousand coins over 18 months or so.
@@stanleysteemr1316 wow, that's pretty wild, and that's a pretty good network
I'm 49. I have been saving odd coins since I was really small. My dad always liked collecting knives and coins. So it drew my interest & I done the same. I have lots of wheat pennies.
That's quite cool. I hope you find a lot more.
I love the Canadian centennial pennies with the flying goose on the front 😊
I’m a fellow penny lover- really love nickels…fun to watch- fun to hunt- fun to glue the zinc ones in projects and floors- love it!
Haha, one person told me he drills holes in the zinc pennies, and uses them for washes
@@TwoshedsGabby that’s cool- I did my master bathroom in Pennie’s all zinc except for a few steel plates new I strategically placed in front of the toilet - and I did my kitchen window box
@@VJJBodhi that's a pretty good use of zinc
The Canada Centennial cent had a dove on its obverse, not a goose. A goose in flight was on the dollar coin of that year.
The 1967 Canada coinage designs were:
Cent - Rock dove in flight.
Five Cent - Rabbit running
Ten Cent - Mackerel
Twenty Five Cent - Bobcat walking
Fifty Cent - Wolf howling
Dollar - Goose in flight.
There was also a $20 gold coin, only offered in sets packaged at the RCM with the aforementioned. The $20 featured the Canadian coat of arms on its reverse, all 1967 Canadian coinage bore the portrait of English Queen Elizabeth on their obverse.
The Canadian five cent coins of 1967 were actual 'nickels', being 99.9% pure nickel.
The alloy used for the U.S. Three Cent 'Nickel' of 1865 - 1889, Five Cent 'Nickel of 1866 - present (except for 1942 - 45 'War Nickels') and the outer layers of 'copper nickel clad' dimes, quarters of 1965 - present and half dollars of 1971 - present is 75% copper, 25% nickel.
The U.S. 'War Nickels' of 1942 - 45 have no nickel at all, being 56% copper, 35% silver, 9% manganese.
@@-oiiio-3993 didn’t know it was a dove! Anyway I like those
Hi Twosheds Gabby! Nice coin roll hunt! I just subscribed to your channel! 😎
Thank you. I'm up in Detroit picking up halves and pennies just to see if I get anything different. Heading back home to Kentucky in a few hours. New videos should start tonight or tomorrow
@@TwoshedsGabby Awesome! Thanks for subscribing to my channel, I appreciate each and every one! 😎
Just found your channel. I have had a feeling to save my older change ...found a wheat penny the other day too!
Welcome to my channel, it's always fun coming across a wheat penny
I bring 4 zinc cents with me to self check out every day at the grocery store and put pennies towards my total so it ends in a 1 or 6...so I get 4 pennies in my change. Increasing my odds of finding copper cents. Have over 30 lbs in copper cents now
That's a pretty neat little trick. I like it.
I like your way of thinking. Most of us do not have that kind of skill!
U.S. Cents (pennies were British) minted from mid 1864 through mid 1982 (with exception of 1943) were a bronze alloy netting 95% copper.
U.S. Five Cent 'Nickels' are 75% copper, 25% nickel, except for the 1942 through 1945 'War Nickels' (1942P, '42S, all 1943 through 1945) which were 56% copper, 35% silver, 9% manganese). The first coins to be issued of the .75 / .25 alloy were the 1865 - 1889 Three Cent Nickel which were followed one year later (1866) by the Five Cent Nickel. The same .75 copper, .25 nickel alloy is also used for the outer layers of circulating dimes and quarter dollars dated 1965 and later as well as half dollars dated 1971 and later, all Susan B. Anthony Dollars, and Eisenhower Dollars struck for circulation. Such 'copper nickel clad' coinage has net content of 91.67% copper.
Considering that CN clad dimes, quarters, halves are 91.67% copper, you may as well hoard those also if you're going to hoard 95% copper cents.
Ending production of the Cent and Five Cent coins for circulation is long overdue as mintage and distribution of them has long cost taxpayers more than their face value.
Yes, understand the cents and penny thing, I use both terms with equal enthusiasm
It only costs me 1 cent to hoard pennies
Thanks for the info
@@TwoshedsGabby Most do, even the U.S. Mint uses the 'P word', though it is inaccurate.
In like fashion, the critter on James Fraser's 1913 - 38 five cent design is an American Bison, not a 'buffalo'.
@@TwoshedsGabby Glad to assist.
I know from when I was a kid my mom always said we are looking for a 1909 svd or svbd. I don’t remember I would have to get off my lazy but and go down stairs and dig my small old coin collection that I got when she passed away almost 30 years ago. I remember having fun as a kid looking through coins. I was probably 4 years old and I stole a five dollar bill and went to the local drugstore that also had a candy section. I’m talking two for a penny candies. Any way I bought like a dollar worth and said keep the change. Well he knew my mother and called her cause the bill was a blue or red five dollar certificate from her coin collection. Funny thing out of five kids I got her coin collection. True funny story. Back when that happened we were very poor and that was very honest of the pharmacist to call and tell my mom. I had no idea he knew her or me. ✌️👍🇺🇸oh by the way I subbed because you were genuine and seemed like you were sharing your hobby honestly. I think I’m gonna start tinkering with it a little.
Thank you for sharing your story. Did you have to give the candy back? My wife was just saying I'm not all hyped up like a lot of UA-camrs. If I have to do that , then count me out. Thanks for subscribing, I hope to hear from you again. BTW, I'm going to Detroit tomorrow to buy half dollars and pennies, I'm hoping to find some Canadian in the mix just for fun. Maybe a bit of silver too. Videos should start back on Friday
The year 1969 to 1981 is all copper, and I have a ton of them😊
Actually everything before 1982 is copper, but the wheat pennies stopped in 1958. You may have meant 1959 instead of 1969, but yes, it's all copper and worth keeping. Way to go.
U.S. Cents (pennies were British) minted from mid 1864 through mid 1982 (with exception of 1943) were a bronze alloy netting 95% copper.
The original Cents ('Large Cents') and Half Cents of 1793 through 1857 were 100% copper.
U.S. Five Cent 'Nickels' are 75% copper, 25% nickel, except for the 1942 through 1945 'War Nickels' (1942P, '42S, all 1943 through '45) which were 56% copper, 35% silver, 9% manganese. The first coins to be issued of the .75 / .25 alloy were the 1865 - 1889 Three Cent Nickel which were followed one year later (1866) by the Five Cent Nickel. The same .75 copper, .25 nickel alloy is also used for the outer layers of circulating dimes and quarter dollars dated 1965 and later as well as half dollars dated 1971 and later, all Susan B. Anthony Dollars, and Eisenhower Dollars struck for circulation. Such 'copper nickel clad' coinage has net content of 91.67% copper.
Considering that CN clad dimes, quarters, halves are 91.67% copper, you may as well hoard those also if you're going to hoard 95% copper cents.
Ending production of the Cent and Five Cent coins for circulation is long overdue as mintage and distribution of them has long cost taxpayers more than their face value.
@@TwoshedsGabby U.S. Cents (Pennies were British) dated 1943 were zinc plated steel.
The original Cents ('Large Cents') and Half Cents of 1793 through 1857 were 100% copper, early 'Small Cents' of 1857 through mid 1864 were 88% copper, 12% nickel, from mid 1864 through mid 1982 (with exception of 1943) they were a bronze alloy which nets 95% copper.
Post-civil War USA one-cent "pennies", up until and including some 1982 cents, consisted of 95% copper and 5% zinc alloy (technically called bronze).
In 1982 production changed to 97.5% zinc and 2.5% copper.
@@stuartmoore6310 The change to bronze was made in mid 1864. The alloy was the same as used in the Two Cent coins of 1864 - 73, an alloy known as 'French Bronze' which consisted of .95 copper, .05 _tin and zinc._
This alloy continued through 1961 with the exception of cents dated 1943 which were steel plated with zinc. Cents were minted from 1944 through sometime in 1946 or 47 on planchets made from reclaimed casings of naval artillery ammunition ('shell case cents') when available which was also .95 copper, .05 tin and zinc.
Tin was eliminated from the cent alloy in 1962, leaving .95 copper, .05 zinc through mid 1982.
From mid 1982 onward the cent planchets have been zinc with a trace amount of copper (to facilitate plating) that are 'barrel plated' with pure copper.
I recently inherited my father’s coin horde. Im finding brand new Pennie’s from the 70’s, 80s, and even some real nice 60s.
That's very cool.
I collect pre1982 pennies just to put a few in my rain barrels to prevent algae.
I find that, especially in small towns, old coins get into the change drawers at all the stores...because the kids don't know or have the honesty to steal Gramps's coin collection. Very sad!😢
It is sad.
I collect these. I work the registers and count them sometimes and I’ll bring newer zinc Pennie’s to work so if I see a copper penny in the register, I’ll switch it out 😂.
That is a very good idea. A good way to take an extra advantage of your environment.
My wife is always finding pennies in parking lots. When she was a cashier at Walmart she was amazed how young kids would just toss them at her and tell her to keep them! Since so many cannot count change today, they don’t seem don’t seem to realize that Pennie’s add up to dimes and eventually dollars. She would give them back their pennies and tell them to put them in a jar and save them.
Agree, people have not learned value these days. Kids grow up spoiled, then they have spoiled kids, and a generation or more of not learning value. That's why there is such debt these days. Just put everything on plastic.
_A penny saved is a penny earned._
@@-oiiio-3993 and sometimes a penny saved is close to 2.5 cents earned
@@TwoshedsGabby
"A penny saved is a penny earned" is a quote often attributed to Benjamin Franklin, but what he actually wrote (in Poor Richard's Almanac) was _"A penny saved is two pence clear".
@@-oiiio-3993 that's kind of like saying 6 to one, half dozen to the other
I save copper pennies and nickles. Not to melt. I'm kind of a prepper and small change is the reason. Same as silver hoarding , you got the prepper small change angle and the numismatic angle. Either way it's recognisable constitution money. Like the guy that bought a million dollars worth of nickles. They might double in value but even if they don't I still have a million dollars worth of nickles. I've also been saving copper , brass , led. I'm a contractor and come across these metals regularly. Prices are down so why not. If I become disabled I'll strip copper.
I think you're on the right track. And thanks for watching my video
@@TwoshedsGabby you're welcome. Ijust finished watching the video and would add to my previous comment. The pennies I hoarding away I hope to go through with a grandchild or two when they're old enough. I don't pay a lot of attention to them as I squirell them away , so who knows I might have a couple good ones.
Don’t discount the zinc penny, though. If you’re a prepper, it’s valuable to know how to make a penny battery using layers of copper and zinc cents sandwiched with an electrolyte laden cardboard. The more layers, the more powerful the battery. Even a few coins can power a LED bulb for an emergency light. There are plenty of videos on YT showing how to construct these.
@@lindawolffkashmir2768 well I'm going to have to look into that, sounds kind of fun.
@@lindawolffkashmir2768 cool. have to check them out, thanks.
That's about typical these days. approx 5 coppers per roll is a good find. Used to be about a dozen was good 5-10 years ago. It's getting more and more stripped. Always smile when I find one in change or ground. I started sorting maybe 15 years ago. My sight is going & work too much so I've left off from going through rolls. Just did a few times to show my kids.
It takes 8.5 copper pennies on average to get 3 pounds in a box, so my area is still getting that. I get 3 pounds or close to it in most of my boxes. But I've had people they only get 2 pounds per box in their area.
When you went over the coins and showed the 1973, yes for some reason many of them from that year look like that. I like your mat
I designed these mats and sell them on eBay. Mine are smaller than the others on the market. I wanted to offer some mats for cheaper, only 9.99, the others are 17.99 and up
I like your zinc-1982 - copper set up. I also appreciate the information on the Canadian Cents. Thanks for the information on the legality of melting copper. I really enjoyed your video and subbed up. I have over 12 boxes of copper cents and I fully agree with your opinions.
Thank you for subscribing, and thank you for the compliments. My set up just seems to work for me, and I hope it will work for you too. Good luck finding a ton of copper
In a pinch, I've drilled holes in zinc pennies and used them for washers. I sounds stupid but it's cheaper than buying washers especially when I would have to actually go buy washers
Haha, that's actually a very good idea.
What a great video and content ! A 63, very cool ! Enjoy ! Looking forward to learning more :) Liked & subscribed. 🧡🙏🏻
Thank you very much for the compliment
Any suggestions on what would be the best thing to do with 8500 wheat pennys inherited from my late grandparents! Little shy of 60 lbs i think🤷🏼♂️
Well. If you can sit on them, they will always have value. Years ago I came across thousands of wheats, and I needed money at the time. I did quite well selling lots on eBay.
I'm here because your son had Nerdrotic shout you out.
@@nedstarkravingmad1799 Haha, welcome, and thank you.... He says I'm a nerd in a different way... I sit around and look at coins. I like old comics, but I don't care for many of the super hero movies ( and I'm completely boycotting Disney)
I did collect all the copper pennies at one time, got to be too much. Then i heard what it would take to process the copper out of the pennies and to melt them down, wasn't worth it to me. I just collect wheat pennies now.
I gotcha, each person needs to do what is right for his or her time. Good luck with the wheaties
A toxic nightmare tbs.
Why 'process' them at all?
As minted they are government certified 95% copper and are legal to sell.
If you put together the 6:different pennies produced in 1982 the face value of the pennies at .06 cents can be sold for about $1.50 a return of 25 times the cost.
What are the 6 different 1982 pennies?
There are actually 8 varieties.
Copper Large Date
Copper Small Date
Zinc Large Date
Zinc Small Date
Denver Copper Large Date
Denver Zinc Large Date
Denver Zinc Small Date
There is some buzz that there is actually an ‘82-D Copper Small Date out there too, though I imagine in very small quantities
@@braztno_traylove thanks for the info
@@braztno_traylove You're quite right, and the bronze 1982D 'Small Date' Cents are quite valuable. They are actually 'off metal errors' such as the 1943 bronze and 1944 steel Cents.
It could be said there were seven issued varieties and an error.
I have inherited a large amount of wheat pennies and other coins. Some silver 1988 dollars. And I've held onto them knowing what is coming. Do you feel these will all go up in value more for the precious metal cobtent or will the age of things pre 1950 be worth more as sellable coins to collectors?
Well, I don't know exactly what you have, but if you save it, chances are it will go up, and if the dollar goes belly up, you'll be glad you have some bartering power. Just my thoughts. Plus, if the car breaks down, and you have no money. You have something of value.
The U.S. did not issue dollar coins for circulation in 1988, though there were commemorative silver dollars sold by the mint to commemorate the 1988 Olympic Games.
If you think about it, coins are actually more valuable than dollars. Since metal is more valuable than paper.
That is a true statement
What was the mat you where sorting pennies on? It had a lot of good information on it. Where can I get one? Thanks AL
Here is a link. www.ebay.com/itm/U-S-Lincoln-Cent-Hunting-and-Collecting-9-x-14-5-Penny-Coin-Roll-Sorting-Mat-/124316143797?mkcid=16&mkevt=1&_trksid=p4429486.m46890.l6249&mkrid=711-127632-2357-0
I collect and stack silver, but, I like your style!
Thank you Pete, I'm fairly laid back. Not a lot of hype unless I get excited about something.
Satisfactory!
Copper is the new silver.
Seems to be
I have been saving those for years. It's going to take a very long time to build up a substantial amount of 90% copper pennies. Not to mention Coinstar will bag you for 12% , unless your bank will accept large deposits of coins. Many banks won't.
I wish you well in your pursuit. 12% is insanity, but if you look around you can find a bank that will take your loose coin.
I once got a box of pennies from the bank and every single penny in the box was a copper penny
That would be so cool. Congratulations
As was every one cent coin that you used before 1982 unless it was a 1943 'steelie'.
In Massachusetts, we don't get too excited about Canadian cants as we are close enough to the border that there are TONS of 'em.
I guess I understand what you're saying. When I went to Detroit, I got over 30 Canadian per box. I thought it was really cool, but I suppose it just gets common after a while
Sad, I watched the entire video 🤑…I think I’m bored.
I'm not sad, you have joined over 300,000 who have watched. Not one of them made me sad. Keep smiling
Close to 600,000 now 😢😂
Forward he cried!
No doubt
There's actually little machines that can sort coins based on their copper content. I even seen some that was basically a jar with a coin sorter on it. So might want to look into that
I've seen several that are fairly cheap to make, but it takes a little bit of the fun out of it. Finding wheat pennies and all
Bounce the 1982 cents copper will ring.
It is a noticeable difference
I found a 1929 wheat penny on my bathroom floor about a week ago. I’ve now become obsessed.
I wonder how it got there?
I had a cousin in Connecticut in the 1960's and he used to go up to local police officers and ask them with a straight face...." Excuse me officer -Do you know what are pennies made of?" And when they'd answer "copper" he'd say real loud back to them "'COPPER' thanks officer." Then he pedal away on his bike look at you and laugh his head off. He thought this was the funniest prank to pull off getting police officers to say "COPPER" ....Trust me it was really funny when I was a kid in the 1960's. seeing all these pennies made me think of it.
LoL, that is funny, I frequently think of old cartoons when I say the word copper.
The zinc might come in handy making homemade body armor. You melt it down and mix with molten aluminum. Make a mold in whatever you find even scraping the ground. Then use duct tape and regular floor tiles (about 6) and tape it all together. I saw a you tube tutorial on it.
That's pretty wild. One guy says he uses the zinc pennies to make washers
I put 7-9 Pennie’s in bird bath to help keep it clean. Still change water and wipe down like every 9 days.
That's interesting
It's a long long wait till you see any returns ,maybe 40 yrs ,platinum is under value ,
Copper is like silver, hard to predict
If you drop a 1982 with a wheat head you can hear the difference in tone. The zinc pennies do not have to be weighed unless your tone deaf. When you drop them right after a copper penny the zinc will give you a noticeable higher tone.
I completely agree with what you're saying, but sometimes the way they land I have to drop them a 2nd or 3rd time. So I just turn on the scales.
Conner is here baby!! Thank you buddy! #BBB
Thanks for watching
I pay for everything in cash. I've collecting about 20yrs. I have a half milk jug full, not even that. I'd say they are to hard to come by to do any damage collecting like this.
👍
That one you breezed by was a 1955 D. You should have checked it for the doubling.
I think someone else told me I breezed by one... Bummer
I make washers from them. Very useful.
I've had a few people tell me that
I have had a theory for a long time about selling an old house or some land and making constitutional currency part of the deal. Since the constitution defines gold or silver as money, it seems an interesting way to avoid capital gains
The test if this theory would be to pay a government income tax with such coins and request spot price for them. If the taxing agency just gives you the face value as credit, you have the proof
👍
Unfortunately here in Buffalo none of the banks will give out any denomination of rolls, legal or not (except of course if your inputting to your account), they are very much against people hoarding...and rightly so, because it's a lot of extra work to recount the rolls and repack them. And of course the only people that can get rolls of quarters are for business vendors, and laundry mats. So yea...it depends on location, location...and location!
That is very true. I'm sorry to hear that for you. And I'm curious if you have spoken to several banks. In the last few years I have been ordering coins in Illinois, Indiana, and Kentucky without too much resistance. During the heat of covid I did experience a little difficulty, but even then I was usable to get half dollars. The government is well aware when they change coins that hoarding begins, in fact with the changes like the states coins, it is all but encouraged. That's why they made them so that lots of people would collect them. Anywho, that's my 2 cents, thanks for watching, and best wishes in your efforts
@@TwoshedsGabby I have two banks with accounts, no deal, and have asked some of my friends that asked their different banks, no deal. And here you need an account at a bank to ask, and without an account they won't even accept rolls.
IMO, melting down copper pennies would be a mistake. I believe that one day people will be willing to pay a premium for these coins in their current state, just like the old silver and gold coins.
I couldn't agree more. I store, never melt them.
I purchased 900 lbs of wheat pennies 25 years ago, still holding.
Wow over 130,000 coins
@@TwoshedsGabby They were in bank bags from all over, some from carson city bank, bank of el paso .I went through some bags and filled up those books but it takes to much time, i didnt know it was 130,000 but they are heavy,
@@MAGAEATSBOOGERS1 that's pretty heavy all right. LoL
@@TwoshedsGabby I mean the individual bags, they dont look like they would be but i guess 60lb each with only a knot at the end. what is a dollar worth of wheats worth?
Nice video! I'm going to ebay and buying one of your Lincoln cent hunting maps I have 56 LBs of pennies my dear mother saved through their 68 years of marriage. my thinking is if gold does ever get up to $5,000 an OZ, old copper pennies will be worth 15 cent. just my own 2 cents, lol thanks for the video!
Good luck going through the pennies. Thanks for buying a mat. We just don't know how high things will go.
I agree with you I ben doing the same thing for years. Enjoyed you show. Jim80
Thank you James, My wife thinks I'm a bit weird talking to the camera, but I feel more like I'm talking to the people watching.
I mean, she gets it, but it's definitely not her thing.
You really should consider weighing ALL your pennies for copper because there have been a very rare few that have been found in copper on later dates than there are supposed to have been made and they are very valuable. If you have a coin scale and get used to doing it, it takes a split second each to weigh them.
Not just transition year?
@@TwoshedsGabby look up 1983 copper penny! it was discovered in 2006
@@wingedkuriboh98 👍
There are also a few 1989-D copper pennies floating around out there that were accidentally struck at the Denver mint that year on the older pre-1983 bronze planchets. Worth some good $$$$.
@@juve987654 👍
I have the same hobby. Learn something new the legal part, thanks. I also do dimes as I only look for the Canadian silver, same size. Found 50 in the last 5 years. I do know banks will pull as much silver that slips by.
Thank you for that. I just went to Detroit and purchased pennies and half dollars, nothing good in the half dollars, but I'm finding a lot of Canadian pennies. So if I do this again, I will get pennies and dimes. That will be fun.
I did get one silver half in Ohio on the way
I live in Texas and those Canadian little silvers must make it down here with the 'snow birds'
@@marciamurphy4628 haha, yes I would say so. That's very neat. I'm talking to a friend now that has a friend Canada. We are going to see what it cost to ship me a box of dimes.
Think, it's been 42 years since they stopped minting copper cents. Congressmen have tried removing the penny altogether and even nickels. So writing's on the wall.
Yes, it's been a while since the copper coins were minted for sure, and you're right, one day the penny production will more than likely end all together
So I turned on this video cause I was curious about why you were messing with copper pennies as I am a female scrapper. Any how as I was watching you said "cool beans" I say that all the time and have never heard anyone else ever say it. I knew it was some old slang phrase but I didn't know how old I just figured I was weird but thanks for letting me know I'm not the only person who still say "cool beans". Will be looking at a few more of your videos to see whats up with hording copper pennies.
Well thanks for dropping in. My brother was in the coffee business for many years before he passed away, and I think the connection to the coffee beans is why we kept using the phrase. But whatever the reason, I'll keep saying it I suppose. You are a scrapper? I think I'm subscribed to a female scrapper, but I don't think I've seen her for quite a while. (I do a tad bit of scrapping myself
@@TwoshedsGabby OK but no I don't make any YT videos just watch them all night cause I can't sleep. I ended up looking up the phrase and even the different sites I went to weren't really sure where it originally came from. But like you I will always say it too. It's a good phrase.
@@chrisbruno6681 yes it is. I think she called herself scrapper girl... Anyhoo, I hope you like my videos. I have some people watch because they say I'm calm. LoL, I guess a lot of UA-camrs have a lot of hype.
@@TwoshedsGabby What you said about alot of other YTers is an understatement. I haven't actually looked at other videos of yours yet like I said would I got a little busy this week but I won't forget. I'll let you know what I think. when I do
@@chrisbruno6681 great... I hope you like a few of them.... Life can get busy
The 2009s if they’re from mint sets are copper with a satin finish. Should weigh 3.1g
Thanks
Bronze, actually. They net 95% copper as did all Cents minted from mid 1864 through mid 1982 with exception of those dated 1943 which were zinc plated steel.
You are correct regarding weight. To cull out 1982 dated Cents, bronze examples weigh 3.1 grams, copper plated zinc are 2.5g, both may have slight variance.
I have about $125 FV in regular, along with several rolls of Wheaties and Canadians. I've been saving my pennies since the early 70s, and I'm gradually switching the zinc for copper. I have somewhere around 180# total in all of my pennies. At some point, Congress will pass a law allowing pennies to be melted down for their copper value, just as they did for gold and silver.
You have a good amount of copper, but I would never melt down the wheat cents
@@TwoshedsGabby That's why I have everything rolled separately. I have a nice Canadian Centennial with the flying loon on it as well. Used to have a bunch of those when I was a kid. Problem is, about 15 years back, I cashed all of my pennies in, and lost God knows how much copper. For several years, I bought that amount of pennies back and essentially started over. Had I not done that stupid thing, I would have a whole lot more. I have $11 I just picked up to go through over the weekend.
I certainly understand what you're saying. Early in my marriage I was not a master of money, and I sold my silver and my coin collection to pay some bills. I wish I had been wiser
Love the video, i learned alot thanks sir!
So Glad it was helpful!, Thank you for watching
I don't understand why it's against the law to not be able to melt cents down yet we can melt silver down. What's up with that?
It's actually not illegal to melt them. It is illegal to melt them to sell the copper as a commodity. Silver or copper. But you can make jewelry and stuff like that
It's a federal offense to destroy or alter American currency... unless the coin is older than 1964
I googled it.
Is it illegal to make things out of US coins?
It is not illegal to melt, form, destroy, or otherwise modify US coins, including pennies, unless the objective is fraudulent or with the intent of selling the raw materials of the coins for profit. Projects that use coins as materials are entirely legal in the United States.
@@TwoshedsGabby the coin must be 1964 or older though its in the coinage act of 1964 read all the clauses, I'd generally advise against that tho as older coinage is often worth factors more to collectors rather than scrap value
@@jeffhough7460 I don't melt coins anyway. I keep them
Why would anyone want to melt copper coins? There's an established industry buying and selling them as is, in a globally recognized form with known content. Melting them down adds expense (melting, assaying, etc), with no gain. It's a lose-lose proposition, not to mention being destructive to a finite resource. It just makes zero sense, and yet so many people are obscessed with the thought. On what planet would it be true that melting/smelting would result in higher value???
For what it's worth, I haven't knowingly parted with a Cu Cent since I heard the US was going to Zn. Yeah, I've to a boatload of them. And, never have I had the insane thought that I wished I could melt them.
I don't know why people want to melt them? Í sure don't
It IS illegal to melt down money for scrap BUT that doesn't really matter because the metal as coins would be worth more than the metal as scrap. You'd actually be a fool to melt them down as you'd lose a lot of value.
The copper value for 1 cent is 2.5 cents, so on that point you are not correct, I don't personally melt U.S. coins, and I don't advocate anyone doing so. But if you did, you could certainly sell it for more than the face value of the coin. But you are correct, it is illegal to melt US coin for the commodity income. You can melt it to make jewelry and things like that.
@@TwoshedsGabby LOL by your logic a pre 1964 quarter is only worth 25 cents. Ebay would disagree.
I don't know what you are hearing or reading. A 1964 quarter at today's silver price is $4.35
@@TwoshedsGabby LOL that's my point.
@@sheshotjfk8375 ok, well I feel like we both think the same thing but somewhere ideas got off track. I have made many videos suggesting people find and save silver coins, and now I have also said finding and saving copper coins also has value. I do not think any US coin should be melted down for it's commodity value. I think keeping it in it's coin state is the best way to go. Are we in agreement on these points?
Thanks for a relaxing hunt. I noticed you saved the 83 penny but you didn't set it aside like the 82 cents.
I think I just weighed it to see if it was copper, but then, sometimes I just do silly things not thinking
@@TwoshedsGabby Don' we all! Love your videos. Very nicely done and relaxing to watch.
Well thank you. I appreciate it
I have many dollars of pennies my son threw around the garage. We haven't used pennies in Canada for years. I tried to use them once to buy fuel but they wouldn't take them, Koreans.
Cool Canadian pennies are mostly copper!
I love finding them.
It's cool that Canada went with copper until 1996, 14 more years than we did.
I do the same , search for wheaties , and save the copper, averaging 4-5 lbs a box . why not ? I get quite a few canadians here in central NY and save them all
That's very cool, your average is considerably better than mine. For a box of pennies I'm averaging 3 lbs. I need to go to a few other towns and try my luck
You let two 2017 P's go buy? Good show !! Alohas
Yeah, I probably miss a good amount of 2009s too... Thanks for watching, I like it when folks tell me what I missed, even though it can be frustrating. It means some of you really watch, and I appreciate that.
Currently holding 729+ rolls of Copper Cents that I've been amassing for many years.
Wow, that's a bunch. Cool beans
Virtually useless. Try to find a BUYER. You won't even make minimum wage for the time spent.
@@davidb2206 Not yet, but I am old enough to remember when Silver coins were made obsolete. Our next door neighbor saved all his Silver change as I do with the Copper and one day he sold it and bought a brand new car. The same rules applied to Silver coins at first. Now JUNK SILVER is worth 22-30X face value depending on where you buy it.
In 2005 I bought 10,000 Pennies and went through them. They averaged 25% pre 1982. It was just an interesting experiment, but never again.
Hahaha, sounds like the right time to do it. You sure don't get 25% anymore
@@TwoshedsGabby 12-14% max now days
@@punker4Real In the boxes I got from Detroit, I got over 20% - Pretty cool
Cool, but I missed the reason to hold copper... My boy and I just started the penny hunting hobby.
Let me say.... I enjoy it first of all. But as of today for every dollar's worth of copper pennies you get, they are worth $2.52, and that price will go up.