Pennies

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ironhorse
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Pennies

Post by ironhorse » Wed Mar 05, 2025 1:19 pm

I am trying to impress my Grandchildren with the value of saving! We have started a penny collection due to their low value (it takes at least 2 of these to buy something) and the amount of space they take up in your pockets. Do you think this is worthwhile or do we need to add nickles and dimes?
pennies.jpg
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Norman Kling
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Re: Pennies

Post by Norman Kling » Wed Mar 05, 2025 1:39 pm

A dollar is about what a penny was worth in the 1930's. i thank they should not make anything less than a quarter. The prices can be rounded off to the nearest quarter. My mother actually scraped up 25 cents and bought dinner for my dad, her, and me, including the meat.
Norm
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Bryant
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Re: Pennies

Post by Bryant » Sun Mar 09, 2025 11:02 am

Me and my boy search for pennies 1982 and older due to their copper nature. 1982 was a transition year so they need to be weighed (3.11 grams) to determine their copper load. Any wheat pennies, Indian head, anomalies ect.. are also separated into another jar. if there is a copper shortage you are allowed to cash in copper pennies for there copper value.
Their current melt value is $0.0288804
Whether this is worth it or not is debatable but I guess it keeps his young mind busy without a electronic screen of sorts . This makes the penny priceless ;)
Bryant
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Dennis Prince
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Re: Pennies

Post by Dennis Prince » Mon Mar 10, 2025 12:08 pm

If you are trying to teach them about saving then you need to teach them that ALL money has value and that pennies make dollars, if only some money have value it may confuse them. When ask at the store if I want my penny change, I always say damn right, I worked just as hard for that penny as the 299 that I just gave you. I even pick up pennies off the ground, it's good exercise.
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babychadwick
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Re: Pennies

Post by babychadwick » Tue Mar 11, 2025 7:30 pm

If the govt wants their pennies I want mine as well.
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Re: Pennies

Post by TFan » Wed Mar 19, 2025 4:38 pm

My dog Hank and I walk 3-4 miles a day around town and I generally find change every day, it usually totals out to a goodly sum this year was no different. We start and stop on march 18 which is my mothers birthday. When I total it up I match it and donate the full sum to a charity in remembrance of Mom. Jim

This years take not counted yet.
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ironhorse
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Re: Pennies

Post by ironhorse » Thu Mar 20, 2025 11:43 am

Jim; What a great gesture! :D
Do it right or do it over,your choice. Drive like everyone is out to get you!
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ironhorse
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Re: Pennies

Post by ironhorse » Sat Mar 22, 2025 12:33 pm

Bryant just a couple of modern oddities you might want to keep your eye peeled for
2009 "Lincoln set" 1 year only getting harder to find
pennies1.jpeg
depicting Lincolns birth place sitting on a log and standing beside the capitol in D.C.
2005 Nickle reverse has Buffalo 1 year only very hard to find.
nickles1.jpeg
Do it right or do it over,your choice. Drive like everyone is out to get you!
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Bryant
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Re: Pennies

Post by Bryant » Mon Mar 24, 2025 1:09 pm

Thanks I will keep an eye out for those now to!

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Mark Gregush
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Re: Pennies

Post by Mark Gregush » Tue Apr 08, 2025 10:02 am

Don't recall ever seeing those 2009 pennies.
I know the voices aren't real but damn they have some good ideas! :shock:

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