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Death To Pennies
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georgia_tech_swagger Offline
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Post: #1
Death To Pennies
09-14-2012 02:44 PM
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Redwingtom Offline
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Post: #2
RE: Death To Pennies
Ninerfan1 Wrote:Embassies burning, economy in the tank, Iran pursuing nukes...and [this] is somehow breaking news?
09-14-2012 03:43 PM
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dcCid Offline
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Post: #3
RE: Death To Pennies
Good video

They left out that went to the small cent form the large cent in the 1850's due to the rise in the value of copper, and a couple of those years they were made form bronze. (may have been during the war between the states - would have to look it up)

They were made form steel during parts of WWII (and nickles were made with some silver since nickle was needed for the war machine).

1982 was the switch to zinc - some 82 coins were copper, some were zinc - the copper ones weigh more.

I am a coin collector (or use to be) - and they have been debating removing the 1 cent piece for 20 years or more. Not sure why they continue to mint them. Although most transactions are now electronic so you do not make change.

Anyhow - interesting video.
09-14-2012 07:42 PM
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Jugnaut Offline
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Post: #4
RE: Death To Pennies
(09-14-2012 07:42 PM)dcCid Wrote:  Good video

They left out that went to the small cent form the large cent in the 1850's due to the rise in the value of copper, and a couple of those years they were made form bronze. (may have been during the war between the states - would have to look it up)

They were made form steel during parts of WWII (and nickles were made with some silver since nickle was needed for the war machine).

1982 was the switch to zinc - some 82 coins were copper, some were zinc - the copper ones weigh more.

I am a coin collector (or use to be) - and they have been debating removing the 1 cent piece for 20 years or more. Not sure why they continue to mint them. Although most transactions are now electronic so you do not make change.

Anyhow - interesting video.

I keep all pre-1982 pennies and nickels myself. The melt value is greater than the face value.
09-14-2012 07:59 PM
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dcCid Offline
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Posts: 2,538
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Location: Ft Lauderdale, FL
Post: #5
RE: Death To Pennies
(09-14-2012 07:59 PM)Jugnaut Wrote:  
(09-14-2012 07:42 PM)dcCid Wrote:  Good video

They left out that went to the small cent form the large cent in the 1850's due to the rise in the value of copper, and a couple of those years they were made form bronze. (may have been during the war between the states - would have to look it up)

They were made form steel during parts of WWII (and nickles were made with some silver since nickle was needed for the war machine).

1982 was the switch to zinc - some 82 coins were copper, some were zinc - the copper ones weigh more.

I am a coin collector (or use to be) - and they have been debating removing the 1 cent piece for 20 years or more. Not sure why they continue to mint them. Although most transactions are now electronic so you do not make change.

Anyhow - interesting video.

I keep all pre-1982 pennies and nickels myself. The melt value is greater than the face value.

I do too. Even got a silver dime in change a couple of years ago.
09-14-2012 08:19 PM
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