Pennies & nickels, save them or spend them?

[dieselrealtor]

What are the odds of nickels & copper pennies (pre 1982) being worth more than face value as time goes on & as the dollar crumbles?

My understanding is the value of nickel content in the .05 coin exceeds .05 at this time.

Not as desirable as silver coins but wondering what others think?

 

[Magyars]

Makes sense to me.

 

[BR8818]

I have a huge jar of copper pennies.

 

[JettaKnight]

If we all save them, then the government spends more tax dollars to mint more coins...I

And I can make more money investing elsewhere.


#killthepenny
#dollarcoins

 

[Cameramonkey]

Makes cents to me.

FIFY

 

[Bugzilla]

Coinflation.com

What are the odds of nickels & copper pennies (pre 1982) being worth more than face value as time goes on & as the dollar crumbles?

100%
coinflation.com

 

[indysims]

I set pre '82 pennies aside... for what exactly, I'm not sure. It's probably silly, but I've got an easily stashable store of copper.

 

[JettaKnight]

I'm pretty sure I've thrown out more copper when plumbing than I could amass in pennies.

 

[Lex Concord]

What are the odds of nickels & copper pennies (pre 1982) being worth more than face value as time goes on & as the dollar crumbles?

My understanding is the value of nickel content in the .05 coin exceeds .05 at this time.

Not as desirable as silver coins but wondering what others think?

Copper melt value of pre-1982 pennies has been (most of the time) higher than $0.01 for a while.

Don't melt them down though, that would be unlawful

The Copper Penny Is Worth More Than One Cent

A penny currently has more value than one cent because of the meltdown value of its copper, and it could go higher, possibly landing future profits.

www.thoughtco.com

 

[ancjr]

I weigh the 1982 pennies as the heavy ones are copper.

 

[smokingman]

What are the odds of nickels & copper pennies (pre 1982) being worth more than face value as time goes on & as the dollar crumbles?

My understanding is the value of nickel content in the .05 coin exceeds .05 at this time.

Not as desirable as silver coins but wondering what others think?

I have been saving old pennies for more than 10 years. When ever I need a copper washer they are handy(even if I have to hammer it larger,and then drill it). Copper washers are expensive lol.

I save most my change. Nickles make great washers too and a quarter does a meh job at it.

Point being sorting/keeping change is not a bad idea. I hardly look at change as money. To me change is a resource

 

[ancjr]

I have been saving old pennies for more than 10 years. When ever I need a copper washer they are handy(even if I have to hammer it larger,and then drill it). Copper washers are expensive lol.

I save most my change. Nickles make great washers too and a quarter does a meh job at it.

Point being sorting/keeping change is not a bad idea. I hardly look at change as money. To me change is a resource

There's a website somewhere of a machinist that argued eliminating coinage and replacing it with washers.