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Should I Save All My Pre-1981/82 Pennies?

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indypenguy's Avatar
United States
1 Posts
 Posted 01/17/2012  5:32 pm Show Profile   Bookmark this topic Add indypenguy to your friends list Get a Link to this Message Number of Subscribers
I saw a story on Nightline recently, and it talked about how the Lincoln Cent might be discontinued as currency one day. They mentioned that pre-1982 pennies are 95% copper, whereas post-82 pennies are mostly zinc. So, is it a good idea for me to save all pre-1982 pennies, in case we are allowed to melt them down someday? I know some 82 pennies were 95% copper and some were zinc, and since I don't have a copper sorting machine, shouldn't it be wise to just save all pre-1981 pennies? I have several bags full already having sorted, and most are from about 1958-1981. Would the copper in these be worth something someday? Thanks!
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Jayman931's Avatar
United States
2651 Posts
 Posted 01/17/2012  6:04 pm  Show Profile   Bookmark this reply Add Jayman931 to your friends list Get a Link to this Reply
Depends on you....I save all of them...and alot of people on here do also...

There is a easy way to see if a 1982 Cent is zinc or copper...buy a $16 dollar scale off of ebay. Zinc weights 2.5 grams and Copper weights 3.11 gram...

Or you can do it like I do....the flip test. Get a known copper cent (1981 or older) and flip it...it will ring for a long time...now flip a coin 1983 or newer...it will ring for a split second then stop...Be sure you give it a good flip with your thumb...

Let me know if it works for you...
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Jayman931's Avatar
United States
2651 Posts
 Posted 01/17/2012  6:13 pm  Show Profile   Bookmark this reply Add Jayman931 to your friends list Get a Link to this Reply
and one more important thing....

Happy Hunting!
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reupman's Avatar
United States
597 Posts
 Posted 01/17/2012  6:23 pm  Show Profile   Bookmark this reply Add reupman to your friends list Get a Link to this Reply
just remember cents take up alot of room to save unlike silver coins.
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captainkurt's Avatar
United States
1406 Posts
 Posted 01/17/2012  7:05 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply

Quote:
Should I save all my pre-1981/82 Pennies?


No. we'll save them for you



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Coppertop's Avatar
United States
275 Posts
 Posted 01/17/2012  8:02 pm  Show Profile   Bookmark this reply Add Coppertop to your friends list Get a Link to this Reply
...or I'll trade you for them :o)
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pman860507's Avatar
United States
784 Posts
 Posted 01/17/2012  8:11 pm  Show Profile   Bookmark this reply Add pman860507 to your friends list Get a Link to this Reply
I save all mine if the time come I have to.many I would.try to sell them
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corey9493's Avatar
United States
78 Posts
 Posted 01/17/2012  10:12 pm  Show Profile   Bookmark this reply Add corey9493 to your friends list Get a Link to this Reply
I save all mine from roll hunting...worst case, I return them to the bank someday for the price I paid.
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ozerman's Avatar
United States
126 Posts
 Posted 01/17/2012  11:09 pm  Show Profile   Bookmark this reply Add ozerman to your friends list Get a Link to this Reply
I save them but don't look for them specifically. Rarely search penny rolls but now have about 30 pounds in pre-82 pennies and 5 pounds of copper 82 pennies. At the very least it makes me feel like I've accomplished something when I add one to the bucket.
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Coppertop's Avatar
United States
275 Posts
 Posted 01/18/2012  03:02 am  Show Profile   Bookmark this reply Add Coppertop to your friends list Get a Link to this Reply
Crazy one day , you won't see any coppers in change. It's already getting ridiculous and saving old pennies is an epidemic multplying across the country, especially being rough times and the fact that LMC are now old production. Maybe someday somebody in my family will get a ton of copper cents. If they are anything like wheat cents are today,it'll be a one heck of a story.
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terrib's Avatar
United States
67 Posts
 Posted 01/19/2012  8:03 pm  Show Profile   Bookmark this reply Add terrib to your friends list Get a Link to this Reply
I was wondering the same thing. I have some wheat pennies - the oldest is 1941. I always save those and had just heard about saving pre-1982 pennies. Just to clarify in 1982 the pennies could have been made from copper or zinc, so you need to weigh them to determine which ones to save?

I don't have a lot of either, but I'm not sure I would ever sell the wheat pennies. I like them and once they are gone, they are gone. :)
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