Pennies can be collector items with values if you are looking for the right type of penny. Much older pennies that are not made with the metal that pennies today are made with are exactly what you want to look for.
Amassing coins is no longer just for collectors. Given the continued down state of the economy investors are collecting coins, and even rare pennies for financial gain, and many investors turn to gold and silver bullion coins for financial protection. This is because bullion coins are used as a safe haven against high inflation and other ills caused by a sluggish economy. Still, many are seeing what coin collectors have always known, that collecting rare coins and rare pennies can be quite a lucrative venture.
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.
As far as the American Open Currency says, pennies have three important factors to them. First off pennies that are made with particular metals are worth looking into; secondly, pennies are worth their face value as far as buying things go; thirdly, coins gain their value if they have certain significance as far as their date, rarity and the amount minted goes.
Pennies are pretty useless that are made currently because they are made out of zinc which is a metal no one's is really concerned with. The pennies worth looking for are the ones that are made mostly of copper. That would be the pennies minted between 1909 and 1982. There is market for copper which is why these pennies are worth looking into.
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.
...Additional information 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.
Amassing coins is no longer just for collectors. Given the continued down state of the economy investors are collecting coins, and even rare pennies for financial gain, and many investors turn to gold and silver bullion coins for financial protection. This is because bullion coins are used as a safe haven against high inflation and other ills caused by a sluggish economy. Still, many are seeing what coin collectors have always known, that collecting rare coins and rare pennies can be quite a lucrative venture.
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.
As far as the American Open Currency says, pennies have three important factors to them. First off pennies that are made with particular metals are worth looking into; secondly, pennies are worth their face value as far as buying things go; thirdly, coins gain their value if they have certain significance as far as their date, rarity and the amount minted goes.
Pennies are pretty useless that are made currently because they are made out of zinc which is a metal no one's is really concerned with. The pennies worth looking for are the ones that are made mostly of copper. That would be the pennies minted between 1909 and 1982. There is market for copper which is why these pennies are worth looking into.
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.
...Additional information 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.
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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 learn more about it.
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