It is 1981 and older.
I found two jars in out closet that are full of old pennies so that got me thinking about keeping some just in case.
I didn't think about nickles but that is a good idea
Save nickels, not pennies. Nickels are approx. 75% copper and 25% nickel, even the new ones. This gives them a greater amount of copper in a smaller space, collected easier. WAY more bang for the buck. But I now see XtremeVel beat me to it
To me the penny has more bang for the buck.
1 penny $0.01 has $0.0248 in copper
5 nickel $0.05 has $0.0556 in copper/nickel
So 5 pennies would be $0.124 in copper.
5 pennies might weight more then the nickel and would take up a little more room.
I got the info from Current Melt Value Of Coins - How Much Is Your Coin Worth?
If the price of nickel goes up then the value of nickels will go up but not sure if people are stocking up on nickel. I know the do gold and silver, not sure if any are stocking up on copper.
How will that copper be utilized? Are we talking strictly financially? Or actually utilizing the metal? Can it still be utilized with the nickel alloyed in? Or will you have to separate the 2 metals somehow? That process may be a chemical process and rather complicated & costly...Every nickel you'd get would have a significant amount of copper in it.
How will that copper be utilized? Are we talking strictly financially? Or actually utilizing the metal? .
The only metal I actively stock up on is lead.
FWIW, I have way, way more copper stashed in junk wire and pipe than I ever do in pennies, and scrap brass WILL be my retirement fund.
If someone wants to do it, more power to them, but over a lifetime of sorting pennies one may get a few hundred dollars over the cash value, it's just not worth it to me.
Same.
Now wait a minute, didn't you post a few day ago that you didn't have enough rounds to make a pile of bullets? or was that just rifle rounds?
Now wait a minute, didn't you post a few day ago that you didn't have enough rounds to make a pile of bullets? or was that just rifle rounds?