Now that the .gov is no longer minting pennies, what are we gonna do?
Is everything now going to be priced to the nickel? The dime? The ten dollar bill?
A lot of folks, me included, have save pennies over the years, and I guess now would be the time to take them to the bank.
What about wheat cents? I got a bunch of those laying around, some my wife collected, and some my grandmother gave to us. The ones she gave to us gotta be pretty old.
I was looking around and found a website that supposedly has the values for wheat cents.
Here is the link: Wheat Cents pricing.
Routinely, that price is the "Purchase Price" if you want to buy one from a dealer. When you go to sell one, expect to be insulted by an offer from the buyer.
ReplyDeleteMelt Value....
ReplyDeleteGet one of those "Solar Death Rays" you see guys making out of old TV screens...
checkout website https://www.coinflation.com/ look at penny values pre 1982.Melt values. Also Nickles
ReplyDeleteI entered a Home Depot today. They had a large sign clamoring; "Penny shortage; please make purchases to the nearest dollar."
ReplyDeleteYeah riiiight; penny shortage my a@@. More like the first step in installing a cashless society.
Going to be years before there could be a penny shortage. Not to worry.
ReplyDeletePoint of order:
ReplyDeleteThe pennies that were minted last November, the last ones, are not supposed to enter the chain until; JUNE of next year.
There is no penny shortage, there are approximately 240 BILLION pennies out there,
Just 'cause they stopped making them doesn't mean that the supply suddenly dried up. You can find pennies from the 60's and 50's and even older still in circulation. They really don't wear out.
They are lying, plain and simple, when they claim a "shortage".
PS, if you want to sell your wheat pennies, my 86 year old father loves collecting them and putting them in the collectors books.
Email me if interested: Schmoo1964 at the Y dot com