Mnuchin Begs For Coins Amid Shortage; Avoid Depositing These Pennies
by Tyler Durden — Thu, 08/13/2020 – 05:30
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According to Coinflation.com, pennies from 1909-1982 are approximately 95% copper and have a metal value of about $0.0185. In this instance, once could almost double their money if they took these pennies to a scrapper than the bank. Here’s the complete list of what coins are worth in terms of face value versus metal value.
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Pretty bad when the “valueless coins” take on more value for the underlying metal.