Save copper pennies.. Pennies are worth 2 cents.....Inflation

With inflation eating up everything it touches, the copper pennie is now worth 2 cents in copper value. 2 times its face value...

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• economic depression
• precious metals

[wayne290]

Except for war time nickels, which were made of 56% copper, 35% silver and 9% manganese. Nickel was a critical war material, used for armor plating. This was for 1942 to 1945 nickels. Then it went back to the normal composition of 75% copper and 25% nickel.

[wrxbungle]

@wrxbungle perhaps i should watch the whole vid first :P

thanks again

[wrxbungle]

Hey good vid but just a tidbit of info.

1982 is when they started making zinc clad, so if you come across one you can either weigh it (copper pennies are ~3.1g while zinc are ~2.5g) or do the drop test. Copper will ring, zinc will clunk.

Thanks!

[mike6459]

Lincoln Copper Cent Price 1909-1982 Cent (95% copper) *

$0.01 $0.0281667

281.66%

[TheHotRod1961]

when u get 50 thou, who u going to sell um too?

[iammovingtomexico]

what about the 1974 cent? i think that was made w/ another composition..

[oellerich007]

almost 3 cents now.... figured out if you can sort 1152 boxes of pennies you will get 384 boxes of copper pennies. 5032 pounds of pennies @ 4.45 per oz today would give you $22,402.36 in metal value. This is investing $9600.00 in pennies. If copper goes to $60.00 a pound in 2020 it will be $302,054.40.. Buy a Rydale to count buy it use it and resell it.

[veritasfiles]

Sometime between 15 to 30 years from now, about the time I'm looking seriously into retirement, that's when these will start being worth significant amounts of money. So you might be able to sell these pennies for 50 cents or $1 a piece between 2025 and 2040. And of course, that assumes that our money doesn't go hyper-inflationary, which is certainly possible. What I'm saying is just the worst case scenario or the bear minimum they'll probably be worth in the future. Good video!

[johnywinslow]

pennies are great but the volume issue is a problem. I do nickels instead.

[SpiritSphere12]

Gold, Silver and Copper as ben used for money for thousands of years and will be again after we get hit with hyperinflation.