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re: Tips from MT Coin Collectors

Posted on 12/26/12 at 6:44 pm to
Posted by chuckitdeep
Member since Nov 2008
731 posts
Posted on 12/26/12 at 6:44 pm to
I understand the collecting pre 1965 dimes and quarters for silver. What is the significance of the 1982 pennies and 60's nickel?

My grandfather gave me about 60-70 pre 1965 dimes, quarters, 1/2's and dollars. Pretty cool and has me intersted as well. Looking to get more involved in the coins too.
Posted by RickAstley
Reno, Nevada
Member since May 2011
2004 posts
Posted on 12/26/12 at 7:13 pm to
I'll dive more into this again tomorrow, but the composition of the penny changed during 1982. The melt value on pennies before 1982 are twice the face value right now. You would have to have a significant amount of pennies for it to be worthwhile. I've got a collection going already that isn't hurting me staying in storage since it won't gain me anything sitting in a bank account.
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