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 Replies: 25 / Views: 3,455 |
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Pillar of the Community
Canada
1354 Posts |
I have around 200 boxes to go through still. I am not finding banks that are willing to give them out anymore.
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Pillar of the Community
Canada
3690 Posts |
Curious - total minted was 35B.
Total estimated in circulation in 2012 was only 6B.
Total recovered in 2013 was 4B.
Total remaining 'in circulation' is 2B.
So what happened to the other 29B coins (35-6)? Was there a massive recovery program before 2012? Sure some wore out or were lost or damaged but 29B?
Some of you must really be hoarding them eh?
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Valued Member
Canada
348 Posts |
I have 2,500,000 Pre 97 stashed away. :)
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Pillar of the Community
Canada
937 Posts |
Wow, I feel like a bit of a piker because I've only got 150,000... but I love 'em love 'em love 'em and I'm searching for all the varieties and errors that I can!
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Valued Member
United States
306 Posts |
WOW...I thought I had a bunch. Some of these numbers are staggering. I've emptied the banks in Central Washington south of Osoyoos. I find only about 5-10 per box now.  I've resorted to buying bags and rolls from small shops if I can get 'em for the right price. |
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Pillar of the Community
Canada
1747 Posts |
I recently found a 1985 P5 (about a month ago) its my 3rd Pointed 5, it would have been melted for scrap. Now Me or someone else can enjoy this coin, this is what I live for.
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Pillar of the Community
Canada
1980 Posts |
the bank I deal with told me that since the penny was discontinued they have not returned any of them. I had bought them all
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Pillar of the Community
Canada
519 Posts |
"I have 2,500,000 Pre 97 stashed away. :)"
How long did it take to accumulate that many pennies and how much room do they take up?
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Pillar of the Community
Canada
1700 Posts |
2500000. As pennies get phased out, you will be the proud own of a great fraction of the pennies still out there!
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Pillar of the Community
Canada
937 Posts |
Holy cow, Peterson -- that's about 1,000 boxes! Where do you store them all?
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Valued Member
Canada
220 Posts |
Wow, 2.5 million. Impressive. You could build an interior wall in your house with the boxes. I'm stashing only 1/10th of that.....251,000
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Pillar of the Community
Canada
2519 Posts |
I myself have over 10000. I just got pennies to search and decided not to dump them because they were discontinued and the list of banks willing to sell me pennies were shrinking (by the end of the school year there were none nearby that would sell me any). My mom and the person who I left my stuff with got kinda mad at me because it was heavy to move when I had to move out of my dorm. I can't imagine having more, I have no space to put them!
No way all the pennies will be accounted for. What about the ones lost or destroyed? Stashed away by copper hoarders? Undiscovered road coins? I used to find crusty old pennies on the road or the grass area beside the sidewalk when I walked outside.
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Valued Member
Canada
220 Posts |
I saw a clip on the news around the time that they were going to discontinue the penny. There was a guy who had a whole warehouse full of tote bags of pennies. Now I can't remember if these were American pre 1982 or Canadian pre 1997 but there were hundreds of totes. I would estimate each tote would have well over 1 million pennies.......I guess he's got a few  |
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Pillar of the Community
United Kingdom
837 Posts |
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Valued Member
Canada
220 Posts |
That looks familiar. I remember there being way more but nevertheless.........lots of pennies. Those are American pennies. I'm sure somewhere in Canada there was a similar outfit hoarding Canadian cents in hopes of being able to melt them down.
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Replies: 25 / Views: 3,455 |
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Posted 07/16/2014 2:37 pm
