Rare Pennies
When it comes to collecting coins and pricing coins, many people question should they collect pennies and if they have any value. Well yes, pennies do depending on when they were made and with what. Hopefully you will learn a bit about rare pennies and if you should or should not start collecting coins from this article.
Coins are no longer just for collectors, but everyone now is jumping to invest in them since the economy is so unstable and everyone wants to be prepared for whatever may happen. It is better to be safe than sorry, right? Many people are going to coins to stay financially stable because of the metals and the fact that some are collectors' items. You can make quite a profit with coins.
Pennies are becoming very popular. At least the rare ones that are worth money are. Because of this many people are checking coins now to see if they do have something rare in their hands. You must be very knowledgeable when it comes to collecting coins and which ones will pay the big bucks.
American Open Currency says that the reason pennies are becoming popular is because some of them are made with different metals which make them have a different melt down value. Pennies also have their average face value as far as buying goof and services go. One of the main things that make pennies marketable is that some are really rare based on the date they were issued and how many were minted.
The reason pennies now get a bad rep is because of the fact that their value is way less than all forms of money and the fact that they are made out of metals that no one is really interested in. Earlier minted coins from 1909 to 1982 are worth looking for because they were made mostly with copper rather than zinc like now. Copper does have a market which makes those sorts of pennies much worth more.
Certainly hoarding pennies and separating them is a time intensive business and is likely not worth the effort. If you take one pre-1982 pennies and try to extract 2.5 cents from your local merchant you are probably not going to get too far. In other words, a penny is still worth a penny unless you have a rare 1943 penny which could net you over $82,000. If you are going to invest in pennies, or other coins make sure they are rare collectible coins or gold and silver bullion coins. Since gold and silver are projected to continue their bull run this year, this is indeed a better way to invest.
...More at The Real Worth Of Pennies
If you get a hold of any penny from the year 1943 you just might be a lucky person. Before getting into collecting pennies make sure to do your research.
Coins are no longer just for collectors, but everyone now is jumping to invest in them since the economy is so unstable and everyone wants to be prepared for whatever may happen. It is better to be safe than sorry, right? Many people are going to coins to stay financially stable because of the metals and the fact that some are collectors' items. You can make quite a profit with coins.
Pennies are becoming very popular. At least the rare ones that are worth money are. Because of this many people are checking coins now to see if they do have something rare in their hands. You must be very knowledgeable when it comes to collecting coins and which ones will pay the big bucks.
American Open Currency says that the reason pennies are becoming popular is because some of them are made with different metals which make them have a different melt down value. Pennies also have their average face value as far as buying goof and services go. One of the main things that make pennies marketable is that some are really rare based on the date they were issued and how many were minted.
The reason pennies now get a bad rep is because of the fact that their value is way less than all forms of money and the fact that they are made out of metals that no one is really interested in. Earlier minted coins from 1909 to 1982 are worth looking for because they were made mostly with copper rather than zinc like now. Copper does have a market which makes those sorts of pennies much worth more.
Certainly hoarding pennies and separating them is a time intensive business and is likely not worth the effort. If you take one pre-1982 pennies and try to extract 2.5 cents from your local merchant you are probably not going to get too far. In other words, a penny is still worth a penny unless you have a rare 1943 penny which could net you over $82,000. If you are going to invest in pennies, or other coins make sure they are rare collectible coins or gold and silver bullion coins. Since gold and silver are projected to continue their bull run this year, this is indeed a better way to invest.
...More at The Real Worth Of Pennies
If you get a hold of any penny from the year 1943 you just might be a lucky person. Before getting into collecting pennies make sure to do your research.
About the Author:
With money declining in value, coin collecting is becoming a huge trend now. If you did not know it, people are even collecting rare pennies. Come on over and read more about it.
