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Penny Still Hanging On

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Pillar of the Community
ace_ftw's Avatar
Canada
1747 Posts
 Posted 07/16/2014  7:31 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
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.
Pillar of the Community
gidjit's Avatar
Canada
1980 Posts
 Posted 07/16/2014  7:47 pm  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
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
Pillar of the Community
o-train's Avatar
Canada
519 Posts
 Posted 07/16/2014  8:18 pm  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
"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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Petersun's Avatar
Canada
1700 Posts
 Posted 07/16/2014  8:42 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
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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pennysaver's Avatar
Canada
937 Posts
 Posted 07/16/2014  10:29 pm  Show Profile   Bookmark this reply Add pennysaver to your friends list Get a Link to this Reply
Holy cow, Peterson -- that's about 1,000 boxes! Where do you store them all?
Valued Member
Ningcumpoop's Avatar
Canada
220 Posts
 Posted 07/16/2014  10:53 pm  Show Profile   Bookmark this reply Add Ningcumpoop to your friends list Get a Link to this Reply
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
Pillar of the Community
Altaira's Avatar
Canada
2519 Posts
 Posted 07/17/2014  08:48 am  Show Profile   Bookmark this reply Add Altaira to your friends list Get a Link to this Reply
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.
Valued Member
Ningcumpoop's Avatar
Canada
220 Posts
 Posted 07/17/2014  6:58 pm  Show Profile   Bookmark this reply Add Ningcumpoop to your friends list Get a Link to this Reply
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
Pillar of the Community
United Kingdom
837 Posts
 Posted 07/19/2014  2:52 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Interesting stuff, was the guy you are referring to in this clip ?

http://abcnews.go.com/Business/laws...?id=15076522
Valued Member
Ningcumpoop's Avatar
Canada
220 Posts
 Posted 07/20/2014  11:59 am  Show Profile   Bookmark this reply Add Ningcumpoop to your friends list Get a Link to this Reply
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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