Loading ...SAVE YOUR PENNIES
WE’RE RUNNING OUT OF COPPER
COPPER WILL BE THE NEW GOLD ?
from Daryl
“add in the couple covid years and we now see copper miners outpacing the gold/silver. Yikes.
Throw in Panama and the likes seizing mines and it festers.”
MORE HERE
https://twitter.com/robert_ivanhoe/status/1771930782048653328
FREEPORT MAC ( COPPER AND GOLD )
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ARE YOU MERICANS STILL USING THESE THINGS ?
https://en.wikipedia.org/wiki/Penny_(United_States_coin)
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CANNUCKISTAN PURGED THESE A DECADE AGO…BUT MAYBE THEY WILL MAKE A COMEBACK
https://en.wikipedia.org/wiki/Penny_(Canadian_coin)
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A PENNY FOR YOUR THOUGHTS ?
CAUSE THATS ALL THEY ARE WORTH 🙂
………..BUT IN 1869…..YOU COULD BUY A HORSE 🙂
LOOK AT THIS BEAUTY
AND THIS …WOW
THE EVOLUTION OF THE PENNY
I’ve been saving older copper pennies (1982 and earlier) that I get back in change for many years now. I probably have 50 pounds or more. I figure they might be useful in bartering (vs. the new copper coated zinc pennies) should we come to that point. They are a nice addition to my physical stack.
Good move Ken
Unfortunately, I was just collecting dates not stacks.
Mine are all AU and better, back when I was not thinking in terms of bartering.
Nickels are in the same boat, with melt value exceeding nominal face.
1909 was the year that America began to die. Or at least, we got the foretelling of its death (that came in 1912 with passage of Fed Res Act, then in 1913 with creation of the Fed. And Wilson knew it.)
1909 was the year they replaced the Indian Head penny with a coin bearing the likeness OF A POLITICIAN.
Before long, they did the same with Lady Liberty, beginning in 1932 under FDR with the Washington quarter.
America won’t return until we reverse course on our currency.
Back in 1982 I was coin roll hunting for silver in the Long Island banks. When the mint announced the change in metal composition of the US penny from copper to copper plated zinc people began hoarding pennies. The mint produced the two types in 1982, that is a copper one and zinc one. The hoarding was so severe that the commercial banks, needing to supply merchants with coins, were offering $1.20 for $1.00 of pennies. When I when into a Savings and Loan bank asking for halves I began asking for pennies also. Many times they would have hundreds of dollars worth of pennies. They were more than happy to get rid of them to me. When I would sell back the non-silver halves to my commercial bank where I had an account I would sell them all the pennies I acquired for the day which some times was over $1000 worth. It was great fun but the window of opportunity didn’t last too long.