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Change Jar Breakdown (Does anyone seperate their copper cents?)
mrpaseo
Posts: 4,753 ✭✭✭
Like many I have a change jar that I have been putting my change in for some time. I have a smaller cup in the kitchen that I put my daily change in until I get around to sorting out the coins and putting them in the big jar.
Today I had about half a cup so I decided to see what I had, and frankly, I was a bit surprised. First the breakdown, I have one change jar for the clad coins and I roll the cents. I separate the copper from zink and I pull all the Wheaties out.
Here is what I found today:
Total change in the cup: $24.65
Quarters: $16.50
Dimes: $6.80
Nickels: $1.85
Cents: $1.41
The cent breakdown (Here is where I was surprised):
Of the 141 cents, there were 34 (Non-wheatie) coppers and 6 Wheaties: 1942-D, 1950, 1939, 1953, 1957-D and 1958 (RB w/a reverse CUD).
I found the high number of wheat cents unusual, what's your take?
Today I had about half a cup so I decided to see what I had, and frankly, I was a bit surprised. First the breakdown, I have one change jar for the clad coins and I roll the cents. I separate the copper from zink and I pull all the Wheaties out.
Here is what I found today:
Total change in the cup: $24.65
Quarters: $16.50
Dimes: $6.80
Nickels: $1.85
Cents: $1.41
The cent breakdown (Here is where I was surprised):
Of the 141 cents, there were 34 (Non-wheatie) coppers and 6 Wheaties: 1942-D, 1950, 1939, 1953, 1957-D and 1958 (RB w/a reverse CUD).
I found the high number of wheat cents unusual, what's your take?
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I think you are just seeing cents/pennies making their way through the change system. Someone either died or decided they needed money to pay bills and turned in to a bank all the change they could find. The bank put it into rolls and sent it out to businesses.
I pull all the 95% copper cents I get. I turn all the zinc coated with copper cents back in. I figure turning in something with around two cents worth of copper isn't a good idea. So what if I can't do anything with it right now.
1. If inflation takes off the copper should go up and the copper cents will be worth even more.
2. If the global economy picks up copper demand will pick up and the copper cents will be worth more.
I have an old ammo can. It isn't full and putting copper cents into it take me very little time or effort.
End production of the cent and paper dollar.
<< <i>Like many I have a change jar that I have been putting my change in for some time. I have a smaller cup in the kitchen that I put my daily change in until I get around to sorting out the coins and putting them in the big jar.
Today I had about half a cup so I decided to see what I had, and frankly, I was a bit surprised. First the breakdown, I have one change jar for the clad coins and I roll the cents. I separate the copper from zink and I pull all the Wheaties out.
Here is what I found today:
Total change in the cup: $24.65
Quarters: $16.50
Dimes: $6.80
Nickels: $1.85
Cents: $1.41
The cent breakdown (Here is where I was surprised):
Of the 141 cents, there were 34 (Non-wheatie) coppers and 6 Wheaties: 1942-D, 1950, 1939, 1953, 1957-D and 1958 (RB w/a reverse CUD).
I found the high number of wheat cents unusual, what's your take? >>
now ray how many quarters were statehood and lets see nickles 2004/2005 and cents any new cents, you said you broke it down
but im feeling ya left info out
Go BIG or GO HOME. ©Bill
Article about copper:
copper going up
I've been filling a thin-necked jar with dimes for some time; many days I get home with a pocket of change but only 3 or 4 dimes.
That is a high number of wheats but lately they seem to be coming out of the woodwork.
Got a set of truck tires for it - about $600
Successful Trades: Swampboy,
<< <i>my son and I feed the change jars,we get a lot of canadian living on the border,actually arent their pennies purer in copper than ours? a canadian penny is a lot easier to cut in half than an american one >>
There older nickels are pure nickel.
Successful Trades: Swampboy,
<< <i>actually arent their [Canadian] pennies purer in copper than ours? >>
Before 1997 they were 98% copper.
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Don