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Message

re: Penny hoarding

Posted on 5/10/26 at 8:20 am to
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
75402 posts
Posted on 5/10/26 at 8:20 am to
quote:

Bout a year after the 1996 Olympic barbies my dad stockpiled become valuable
That’s at least a little weird.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
38920 posts
Posted on 5/10/26 at 8:21 am to
quote:

Seems strange no business around has any pennies


Not strange at all. The banks limit businesses on how many rolls of pennies they can get. Many are implementing rounding on your transactions to adapt to this as well.
Posted by meeple
Carcassonne
Member since May 2011
11255 posts
Posted on 5/10/26 at 8:22 am to
quote:

implementing rounding on your transactions to adapt to this as well.

Canada has doing this for years, at least since 2014 when I went.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
73103 posts
Posted on 5/10/26 at 9:00 am to
Damn penny mongers!
Posted by Signal Soldier
30.411994,-91.183929
Member since Dec 2010
8602 posts
Posted on 5/10/26 at 9:18 am to
quote:

Damn penny mongers!

Better than the coin clippers
Posted by Woolfpack
Member since Jun 2021
1780 posts
Posted on 5/10/26 at 9:23 am to
Regular old fashioned light bulbs ban went into effect during covid. I had planned to stock a few cases (40W, 60W, 80W) before the ban went into effect but was distracted and only realized it probably a year afterwards.

The penny ban isn’t going to go unnoticed. People all over the country will have jugs of them. I probably have half a coffee can of pennies and I’m not even trying and rarely use cash.
Posted by Yammie250F
Member since Jul 2010
1063 posts
Posted on 5/10/26 at 9:28 am to
300 billion pennies were minted. There will never be a shortage of them.
Posted by LazloHollyfeld
Steam Tunnel at UNC-G
Member since Apr 2009
2121 posts
Posted on 5/10/26 at 9:39 am to
Just so you know, my 6 yr old nephew is devastated the penny is no longer being produced (no idea why) and has made it his personal mission to become president one day and reinstate the penny - so don’t get too comfortable collecting it.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
13021 posts
Posted on 5/10/26 at 9:47 am to
quote:

Just so you know, my 6 yr old nephew is devastated the penny is no longer being produced (no idea why) and has made it his personal mission to become president one day and reinstate the penny - so don’t get too comfortable collecting it.


By the time he is elected president in 30 years, a dollar will carry the same value as a penny. An all transactions will be rounded to the nearest dollar and most transactions will be digital with some limited paper transactions.
Posted by Hangit
The Green Swamp
Member since Aug 2014
47119 posts
Posted on 5/10/26 at 10:17 am to
quote:

Name 1 coin in America that everyone has hundreds of in their homes that has ever become valuable.


ASE's. Everyone should have a pile of these. They were $14-15 eleven years ago and are over $80 now.
Posted by Kevin Garvey
Member since Jun 2017
317 posts
Posted on 5/10/26 at 10:38 am to
quote:

I got 4 Kentwood water jugs full of them in the garage


How much you want for them?
Posted by lepdagod
Baton Rouge
Member since Jan 2015
6187 posts
Posted on 5/10/26 at 11:36 am to
quote:

How much you want for them?


Not for sale… push come to shove I’m going to start some kinda project with them… probably a floor or coffee table
This post was edited on 5/10/26 at 11:39 am
Posted by Crimson Wraith
Member since Jan 2014
30159 posts
Posted on 5/10/26 at 12:06 pm to
Been collecting wheat pennies for decades.
Posted by ImaObserver
Member since Aug 2019
2509 posts
Posted on 5/10/26 at 12:09 pm to
Removing the penny from circulation opens up a slot in the cash drawer for the dollar coin and assists in removing the paper dollar from circulation.
Next will be the $5 coin made from zinc and the $10 coin made from lead because lead is more precious for other purposes.
Posted by cssamerican
Member since Mar 2011
8220 posts
Posted on 5/10/26 at 12:18 pm to
Pennies that are currently not valuable won’t likely ever be valuable. People hoarding them don’t understand how coin values work or what rarity means in the coin collecting market. So, if you got a bunch of worthless pennies I wouldn’t worry about holding them.
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
40053 posts
Posted on 5/10/26 at 12:32 pm to
Funniest thing I ever saw was this woman and her kids dragging into Kroger two commercial water jugs filled with pennies, for the change machine. Needless to say the Manager was less than enthused.
Posted by tigerfan84
Member since Dec 2003
26668 posts
Posted on 5/10/26 at 2:08 pm to
But some calzones with them

Posted by Banned
Member since Feb 2026
331 posts
Posted on 5/10/26 at 2:16 pm to
quote:


If it made of copper it’s worth something though


Used to be, the later ones have more zinc....
Posted by SidewalkTiger
Member since Dec 2019
72025 posts
Posted on 5/10/26 at 2:21 pm to
quote:

I get it. People want to hope that something they own will become valuable. And it can, sometimes. That's why I'm holding on to my lawnmower.



Posted by jeffsdad
Member since Mar 2007
25077 posts
Posted on 5/10/26 at 2:39 pm to
Copper in pre 83 Pennys and silver in pre 65 dimes and quarters
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