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Copper?

Submitted by Muskamoot on Wed, 04/30/2008 - 19:55
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Does anybody think it would be wise to start separating and holding pre 82 pennies?

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thanks howard

Submitted by Muskamoot on Wed, 04/30/2008 - 20:54.

thanks howard

—

Truth is treason in the empire of lies.

:)

Submitted by howard722 on Wed, 04/30/2008 - 20:59.

:)

1981 and earlier Lincoln

Submitted by howard722 on Wed, 04/30/2008 - 20:59.

1981 and earlier Lincoln pennies were 95% copper and 1983 and later pennies are 97.5% zinc.

In 1982, both zinc and copper were used due to the transition period. A good way to tell the difference is weight. A penny made from copper weighs 3.11 grams and a zinc penny wieghs 2.5 grams. Another way to find out if you don't have a gram scale is what's called the "ring" test. Take a know copper and zinc penny. Drop them on a kitchen counter (a hard formica surface). Zinc has a flat tone, and copper is higher pitched. Once you get a groove on that, start dropping your 1982's.

Also, in 1983, the mint messed up and used copper instead of zinc for some of them. I don't know their value, but I'd assume they are worth a pretty penny :)

Why not?

Submitted by IamVoting4RonPaul on Wed, 04/30/2008 - 20:30.

Go for it.

___________

Lisa C.

http://www.women4ronpaul.com/

—

Ron Paul "Sign Wave Across the USA" -- November 5th!

On another thread

Submitted by McClarinJ on Wed, 04/30/2008 - 20:29.

someone commented that $10 face value of the older mostly-copper pennies contains about $26-worth of copper.

—

New Hampshire and Ecuador

I think I read here before that it is, but

Submitted by BetsyRoss on Wed, 04/30/2008 - 20:14.

I know nothing about the actual "why" except that I know the copper in the penny (-pre 1982-?) is worth almost doulble what the actual penny is now...again I'm not sure if it is only pre 1982 pennies, but I found a link here a couple of months ago about the penny being 'worth a penny" and the copper in it being "worth 1.7 cents" sorry, that's all I got.......I am sooo new to real money....
Peace,
Betsy

—

"To create a great evil you must pervert a great good"