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42 Comments
- MrUnderbridge, on 10/12/2007, -0/+10If pennies were made out of copper (haven't been since 1982), that might be true. Now, they're zinc with a thin copper shell.
Fun chem lab experiment - make a deep scratch on a newer penny (deep enough to reach the zinc), and drop it in nitric acid (HNO3). Acid eats away the zinc, and you're left with a shell of a penny. - blixel, on 10/12/2007, -0/+9Kind of dumb I think. Coins that valuable should probably be preserved. I guess. By putting them into public circulation, there's a good chance they'll get dropped into a gutter and lost forever, defaced/destroyed by some person who is bored, used as a skipping stone tossed into a river or lake, etc...
- DEFSMAC, on 10/12/2007, -0/+8yeah, or better yet what are the odds you have one of those same pennies already sitting in the ash tray in your car.
- esavato, on 10/12/2007, -0/+8This is a great way to bring the interest level in collecting coins up. THis will of course drive up the value of coins in the future, brillian PR move.
- LMH1, on 10/12/2007, -0/+6Actually, the pennies of the era in the article were bronze (mostly copper).
- trnelson, on 10/12/2007, -0/+6Hah I guy I work with throws out pennies every day (don't ask why, I have no idea). He could have $50 in pennies and he'll throw them out because he just doesn't like pennies. 500 years from now someone will uncover one of these rare pennies in a landfill during an excavation. ;)
- sTiVo, on 10/12/2007, -0/+5I guess it's that items like these remind people of times long ago when life was better. I feel the same way about baseball cards. Not only is an old Mantle card from the 50's rare, but it's also a reminder of a simpler time when the game was pure and less controversial.
- unitedstatians, on 10/12/2007, -0/+5@MrUnderbridge
At what temperature does copper melt (pennies)? and what house hold products includes mostly nitric acid (HNO3) as an ingredient? - sTiVo, on 10/12/2007, -0/+4I have actually found a good use for my pennies. Every time I buy gas I round up to however many pennies (within reason of course) I have in my ashtray. I get the gas and the station (poor souls) get the pennies.
- inactive, on 10/12/2007, -1/+5I bet there will be a lot of fakes on eBay soon :)
- modulo1, on 10/12/2007, -0/+3i think he has a better chance on Tuesday of one of them ending up in his ashtray...
- bbeahm, on 10/12/2007, -0/+3Some A-hole high schoolers in chemestry class are gonna bunsen burner one of these treasures.
(flashback:I wish i was in high school chemestry class again!) - intricate, on 10/12/2007, -0/+3What are the odds that you'll be the one to aquire one of these pennies?
- thecwin, on 10/12/2007, -0/+3I've always found it strange how even useless things become valuable when they're rare... I understand it, it's just odd.
- tidal, on 10/12/2007, -0/+3All I have to say is "Dee dee dee"
No way those coins will be worth that if they are kept in circulation and nobody pays attention. - gklitt, on 10/12/2007, -0/+3On the other hand, that guy probably has a lot more than just those 3 valuable pennies...losing those three won't matter too much.
- Pile, on 10/12/2007, -0/+2The Indian Head penny will probably quickly be found. It's too unusual to be overlooked for any length of time. The other lincoln cents, they could end up in circulation for a long time. But the backs of these pennies have the wheat marks which are different from the pennies made nowadays. The 1909-S-VDB is probably the most valuable penny around, short of some mistake pennies like the 1944DD.
I agree, it's a very cool way to get people into collecting. When I was young, part of my daily ritual at school was to convert a quarter into 5 nickles looking for old coins.
http://BSAlert.com/ - sTiVo, on 10/12/2007, -1/+3There have been fakes for years. He didn't just invent these things!
- generalleoff, on 10/12/2007, -0/+2http://www.collectible-treasures.com/catalog/items/item577.htm
I have one of those. One oft he only benefits of working a cash register is sometimes people have no clue what they have. I have a 1994 penny that was both over stamped and miss stamped. Lincoln is way off center and the outer edges of the coin are rounded from being squeezed to hard in the press. Not worth much but it is still cool. - scrapstyle, on 10/12/2007, -0/+2A penny is 97.6% zinc and 2.4% copper. Is it actually worth it to melt anyway?
- inactive, on 10/12/2007, -0/+2What are the odds these pennies will ever see the light of day? I don't know about others but I only examine the change in my pocket once maybe twice a year, otherwise it goes in the jar to be cashed in at the bank every few years.
- zweben, on 10/12/2007, -0/+2Very very low. Unless you're willing to pay a lot of money to have it.
But my guess is you only want it so you can sell it to some other guy for big bucks.
But yeah, this is a really good PR move. I bet people have never been as excited to get pennies in change. - ProTrader, on 10/12/2007, -0/+2It is a brilliant PR move... Just hope it doesn't get found too soon or too late. But it would be a pity if they are never found :)
- jaloar, on 10/12/2007, -0/+2What vending machines take pennies?
- tetranz, on 10/12/2007, -1/+3Why does the USA still bother to have pennies? Aren't they a waste of energy, space and time? Other countries have given up worthless coins long ago.
- MrUnderbridge, on 10/12/2007, -0/+2Yeah, baseball, late 40s, early 50s - when they first started letting non-white Caucasian people play. That was probably more controversial than the steroids crap.
- unitedstatians, on 10/12/2007, -0/+2Or may he didn't but the pennies in circulation maybe the writer of the ABC news story is his daughter.and just making it all up. to sell his coin grading services and the published book
- LittleMoe, on 10/12/2007, -0/+1Maybe this is their way of trying to make pennies worthwhile again after we just recently heard about pennies costing more than a penny to make. They're saying, "look, in 100 years they'll all be worth $1,000 and then we'll be happy k".
jk - unitedstatians, on 10/12/2007, -0/+1I have about 889 pennies iam looking through right now after reading teh article i think i may have one of these pennies Mr.Scott has spent.
- cyclotron, on 10/12/2007, -0/+1What vending machine takes pennies?
- Negyxo, on 10/12/2007, -0/+1The whole concern that these pennies will never see the light of day again is well founded. I NEVER keep my pennies! They are completely useless, i mean you can't use them at any vending machines or even at the toll...i can't recall the last time actually used on to cover that extra cent on an item. Now if they would have put rare quarters or something into circulation, i think those coins would have a chance of circulating enough and finally be found by someone who knows what he's/she's doing.
- unitedstatians, on 10/12/2007, -0/+1These are three of the leading coin grading services read more
Professional Coin Grading Service
http://www.pcgs.com/
Numismatic Guaranty Corporation
http://www.ngccoin.com/
American Numismatic Association Certification Service
http://www.anacs.com/ - unimatrixZxero, on 10/12/2007, -3/+4A penny is actually worth more if you melt it and sell the copper, but that's illegal. Anyhow, I'll be looking at my change a little more thoughtfully in future.
- unitedstatians, on 10/12/2007, -0/+1pennies from 1983-to present are 97.6% zinc (internal) and 2.4% copper (external -outer shell)
- toxicredm, on 10/12/2007, -1/+2So this guy had three coins worth $1500 and he spent them as $.03? Good investment buddy! Now these coind will brobably end up in peoples jars or wherever never to be seen again.
- gmweezel, on 10/12/2007, -0/+1this saddens me; I have come across about five wheat pennies in my lifetime and don't know where any of them are... (15)
- elnerdo, on 10/12/2007, -2/+2I think I have about four dollars in pennies at the moment.
- NoSuchAgency, on 10/12/2007, -0/+0This seems kind of dumb. The odds are, nobody's ever going to notice those pennies. They are effectively lost for ever.
- swooshdave, on 10/12/2007, -0/+0From the article: "food vending stand"
From the Dictionary: vend |vend| verb [ trans. ] offer (small items, esp. food) for sale, esp. either from a stall or from a slot machine
A lot of people assume "vending" means machine, but in this case it meant what some call a "food cart" or the like. - tmcpheeters, on 10/12/2007, -3/+2True value of a penny ~ 1.4ยข
http://www.rawstory.com/news/2006/Penny_costs_more_than_cent_to_0421.html - inactive, on 10/12/2007, -9/+3What a waste. If they were really high dollar I might fel different.Im not going to look at my change evry day. Ho Hum boring. They will end up at the bottom of some vending macine or a bank. He could have sold them to someone who could actaully appreciate them then use the money to help someone out. What a moron.
- Mugros, on 10/12/2007, -10/+0I found one!!!!111one
But, well, i discovered it shortly after i used this penny on a railway track to flatten it for fun...
