Results here - Percentage of copper cents in circulation (vs copper plated zinc)
For what it's worth - a small sampling from Connecticut:
From 240 random cents thrown in a bin over the last 3 months or so...
Copper 48 pieces (20%)
Cu plated Zinc 192 pieces (80%)
Does anyone else show similar results?
From 240 random cents thrown in a bin over the last 3 months or so...
Copper 48 pieces (20%)
Cu plated Zinc 192 pieces (80%)
Does anyone else show similar results?
0
Comments
CG
<< <i>Copper 48 pieces (20%) >>
my math might be off but using 1.4x it looks like you now have 67 cents
that could be worth the effort if a person had access to many cents.
and seems to be caused by Coinstar which gets a lot of penny back into circulation.
The mint could be making an extra 25 or 30 billion cents to replace these over the next couple
years. Using their numbers they lose about a quarter cent on each of these at current zinc prices.