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MtnCoinMan's Avatar
United States
462 Posts
 Posted 12/03/2008  7:02 pm Show Profile   Bookmark this topic Add MtnCoinMan to your friends list Get a Link to this Message Number of Subscribers
Here is a very basic and simple question. When going through pocket change, what year should I keep and what year should I put back in circulation? For instance, I did my first "coin roll hunt", bought $10.00 in pennies and got pennies from 1943 till 2008. Only 3 were wheaties. But I noticed the 1960s and 1970s looked and felt different than the 1980's and newer. I kept the 1960s and earlier, but should I have kept the 1970's as well?

I would like an answer for all coin denominations.
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BH1964's Avatar
United States
10982 Posts
 Posted 12/03/2008  7:13 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I'll just comment on the cents. If you're roll searching you may as well keep all pre-'82 cents as they are real copper cents. The change over to copper coated zinc occurred in '82 and all cents made since '82 are Zincolns.

Many people search for errors and the above comment applies only to metallic content. If you're interested in error searching you might check into a good book on numismatic errors.
ANA #R3154474
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SJUHawks's Avatar
United States
383 Posts
 Posted 12/04/2008  09:07 am  Show Profile   Bookmark this reply Add SJUHawks to your friends list Get a Link to this Reply
When going through cents I've started hoarding anything pre-1982 as well, based on the advice of this board. What's the likelihood that these will actually be worth more than face in the near future...like 3-5 years?
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MtnCoinMan's Avatar
United States
462 Posts
 Posted 12/04/2008  6:33 pm  Show Profile   Bookmark this reply Add MtnCoinMan to your friends list Get a Link to this Reply
Nickels?
Dimes?
Quarters?
Half Dollars?
Dollars?
My father saved a lot of bicentennial dollars, should I continue saving them?
Pillar of the Community
wd1040's Avatar
United States
3098 Posts
 Posted 12/04/2008  6:41 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply

Quote:
What's the likelihood that these will actually be worth more than face in the near future...like 3-5 years?


IMHO 100%, as long as this recession doesn't drag the copper prices down anymore. Anyways, as of today, a copper cent is worth .97 cents. Two months ago, it was 1.5 cents.

But, I can't tell you the source because the website is blocked...
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BH1964's Avatar
United States
10982 Posts
 Posted 12/04/2008  6:57 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
My father saved a lot of bicentennial dollars, should I continue saving them?


I spend them as a novelty. Unless they're BU you really don't have much reason to save them.

As for the copper cents: 6 months ago they were worth 2.5 cents each for the copper value alone. Now that copper prices have bottomed out like silver, they're not worth more than face but that will change. My guess is they'll be worth 5 cents each within 10 years.
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MtnCoinMan's Avatar
United States
462 Posts
 Posted 12/04/2008  9:34 pm  Show Profile   Bookmark this reply Add MtnCoinMan to your friends list Get a Link to this Reply
I believe they are BU. Dad got them directly from his bank, they are in the Mint Rolls.
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SJUHawks's Avatar
United States
383 Posts
 Posted 12/05/2008  09:44 am  Show Profile   Bookmark this reply Add SJUHawks to your friends list Get a Link to this Reply

Quote:
My guess is they'll be worth 5 cents each within 10 years.


This was the last thing I needed to hear. Even if though this number is just an educated guess, it now gives me confirmation in my own head that I need to be saving these.

Thanks a lot
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BH1964's Avatar
United States
10982 Posts
 Posted 12/05/2008  7:59 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
I believe they are BU. Dad got them directly from his bank, they are in the Mint Rolls.



If they're still in Mint Rolls, save them! BU rolls will bring a premium. I would not open them if they were mine!
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Bedrock of the Community
United States
20753 Posts
 Posted 12/07/2008  8:15 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Don't know how old you are but if your resonably young, I suggest you just keep every coin you get your hands on that you can afford. Put them all in containers. Go out and purchase a Red Book and read up on coins in general. Some day, in the distant future, when you have lots of time, start going through all those coins.
You may not have anything worth a lot of money but it will keep you off the streets and out of bars anyway.
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