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Preppers' Corner
copper bullion for prepper currency?
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<blockquote data-quote="ratski" data-source="post: 2265524" data-attributes="member: 936"><p>Talk about timing.</p><p></p><p>I have wondered about all the pennies and the copper content.</p><p></p><p>Did a little research.</p><p></p><p>Turns out that the government cut out the copper in out pennies in 1982.</p><p>Some 82s are copper, some are zinc. </p><p>All of them after 82 are zinc</p><p></p><p>According to some, the pre-82 penny is worth about .02 cents in copper melt.</p><p>The trick there is you can't melt U.S. Currency.</p><p></p><p>I decided to investigate a little on the availability of the pre-82 penny. </p><p>Figured that if I was getting "bank rolls" with NO pre-82s then I would know that someone was hoarding them or pulling them out of circulation.</p><p></p><p>Went to three different banks and got about 25 dollars worth of rolled pennies.</p><p>Sorted them and kept all of the pre-82s. </p><p>If it was dated 1982 or later, they went in the "back to the bank" pile.</p><p>Only real way to tell if an 82 coin is copper or zinc is by weighing it and it just isn't worth the time so I didn't bother.</p><p></p><p>Here is what I found.</p><p>Your results may vary.</p><p></p><p>Out of 25 dollars worth of pennies, I came up with just over 4 dollars worth of pre-82 pennies.</p><p>Approximately 15% of the circulating pennies were pre-82.</p><p></p><p>Even found a few wheaties. Three I think.</p><p></p><p>I did notice that the age patina on the pre-82 is pretty distinctive. Sort of a chocolate brown.</p><p>New age patina is not a deal breaker as many of the coins that I got that were pre-82 were in "shiny shape".</p><p></p><p>Overall, the post-82 pennies do not seem to stand up to the test of time as well as the pre-82s.</p><p>The post-82s damage easily it seems.</p><p></p><p>Oh, and one other thing. I used to do this when I was a kid back in the 70s looking for wheats.</p><p>I think that they are printing the dates on the pennies much smaller than they were back then. </p><p></p><p>They are much harder to read.</p><p>Maybe is is the lighting.</p><p></p><p>Dave</p></blockquote><p></p>
[QUOTE="ratski, post: 2265524, member: 936"] Talk about timing. I have wondered about all the pennies and the copper content. Did a little research. Turns out that the government cut out the copper in out pennies in 1982. Some 82s are copper, some are zinc. All of them after 82 are zinc According to some, the pre-82 penny is worth about .02 cents in copper melt. The trick there is you can't melt U.S. Currency. I decided to investigate a little on the availability of the pre-82 penny. Figured that if I was getting "bank rolls" with NO pre-82s then I would know that someone was hoarding them or pulling them out of circulation. Went to three different banks and got about 25 dollars worth of rolled pennies. Sorted them and kept all of the pre-82s. If it was dated 1982 or later, they went in the "back to the bank" pile. Only real way to tell if an 82 coin is copper or zinc is by weighing it and it just isn't worth the time so I didn't bother. Here is what I found. Your results may vary. Out of 25 dollars worth of pennies, I came up with just over 4 dollars worth of pre-82 pennies. Approximately 15% of the circulating pennies were pre-82. Even found a few wheaties. Three I think. I did notice that the age patina on the pre-82 is pretty distinctive. Sort of a chocolate brown. New age patina is not a deal breaker as many of the coins that I got that were pre-82 were in "shiny shape". Overall, the post-82 pennies do not seem to stand up to the test of time as well as the pre-82s. The post-82s damage easily it seems. Oh, and one other thing. I used to do this when I was a kid back in the 70s looking for wheats. I think that they are printing the dates on the pennies much smaller than they were back then. They are much harder to read. Maybe is is the lighting. Dave [/QUOTE]
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