Thursday 10 January 2013

Copper Pennies - Don't Take Them at Face Value.

Like many people, I have at home a "coppers" jar where I throw my loose change when I get home from work or shopping.  Until recently I put them all in the same jar without a second thought.  Then I found out that copper coins made before 1992 are almost pure copper as opposed to the stainless steel copper clad coins made from 1993 onwards.  With metal prices rising yearly it could be a worthwhile investment of time to separate your small change into pre and post 1992 lots as eventually the price of the copper will be worth more than the face value of the coin.

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