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 Replies: 16 / Views: 2,484 |
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Pillar of the Community
United States
1249 Posts |
Fuzzy hit the nail on the head.
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Valued Member
 United States
51 Posts |
is penny still valuable or worth something in the future, should I still collecting them?
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Pillar of the Community
United States
4963 Posts |
The melt value is higher than face. Although it is illegal to melt them at this point in time, if/when the mint discontinues production of cents it will be legal to melt them. Many keep them so they can melt them when they are discontinued, although it may be a good idea to hold on to the coins, as they may gain a bit of value after so many get melted.
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Valued Member
United States
51 Posts |
omg thank you so much numisma thats helps me a lot to decide either to throw it or to keep it. my decision is ill keep collecting and keep it. because I notice all new pennies are like plastic or fake pennies when I toss/flipping the new coins theres no sounds or metal sound unlike the old pennies.. thank you again
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Pillar of the Community
United States
4963 Posts |
 Yes, I would keep them. I agree that the new ones don't feel very good. In my opinion, the last high quality American circulation-issue coins were produced in 1982. |
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Valued Member
United States
51 Posts |
yes I agree, I just started collecting coins 3 days ago and I'm getting obsess or something about old coins lol now its becomes my hobby which is I really love it haha
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Pillar of the Community
United States
4963 Posts |
The hobby is definitely addicting. One of the big attractors is that there's always more to learn- no matter how much you know about numismatics, it's never quite enough.
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Valued Member
United States
51 Posts |
yes thats right I'm learning and I'm still learning,I like to learn more, more and more :)
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Moderator
 United States
56855 Posts |
It takes about 146 copper cents to make one pound of copper. Copper value is $2.24 per pound,not much of a profit margin. Once you add in melting costs how much are you really making? Is it worth all the hassle? John1  |
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Pillar of the Community
United States
500 Posts |
And  Angelo. Yes coin collecting is a great hobby. Enjoy |
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Valued Member
United States
51 Posts |
people in this website is very informative and supportive thank you guys for sharing your knowledge :) :) :)
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Pillar of the Community
United States
4963 Posts |
We give knowledge, we get knowledge. Everybody wins.
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Rest in Peace
United States
18456 Posts |
Angelo , you only stared collecting 3 days ago. do what you like for now, but you will more than likely venture out for other kinds of coins that interest you. when that happens you can call yourself a coin collector.  To CCF. |
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Moderator
United States
189767 Posts |
Quote:
We give knowledge, we get knowledge. Everybody wins. |
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Valued Member
United States
51 Posts |
for so many years and years I dont pay attention to the penny and I dont even give closer look or stare at it,all I know is just a face of man lol for me penny is nothing and its not important I was just throwing them to the floor or all over my room.. and now when I found out how important and valuable the penny is I start searching to different kind of websites or youtube. and I find it very interesting after that I gave a closer look to the image of the coin, its very define image and artistic, not only that every time I gave a closer look to the coin it tells me story/history for every single of pennies not the new pennies though I'm talking about old pennies lol but yah I might be a coin collector someday.. now I know how important the penny is and valuable.. thank you guys I really appreciate helping me to learn more about coins
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Replies: 16 / Views: 2,484 |
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Posted 11/09/2015 10:48 pm
