Old Copper Pennies: Which Ones To Save & What They’re Worth

Copper Pennies

I love collecting copper pennies. While some people may think that all pennies are made entirely from copper, virtually every one-cent coin made since late 1982 has a composition consisting of 97.5% zinc and 2.5% copper. The coppery color of modern-day pennies is merely a thin plating of copper on a 99.2% zinc, 0.8% copper core. … [Read more...]

5 Money-Saving Tips For Collecting Lincoln Pennies

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I love collecting Lincoln pennies. Most collectors know "pennies" are officially called one-cent coins. But, let’s face it, the word “penny” is hard-wired into the vernacular of most Americans. Lincoln wheat cents were the first coins I ever collected when I jumped head first into numismatics as an 11-year-old boy in 1992. All these years later, I still enjoy collecting Lincoln pennies. … [Read more...]

How Much Is My Coin Worth? Here’s How To Find Coin Values

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When somebody asks me a question about coin collecting, they usually want to know about coin values. Specifically, they want to know what their coins are worth. I love answering these questions, because they give me the chance to help somebody understand more about their coins. And I even get to explain what makes their coins valuable -- or not so valuable, as is sometimes the case. I'm going to explain to you how you can find the value of a coin and all the different factors that go … [Read more...]

Most Valuable Pennies: A List Of 43 U.S. Pennies Worth Holding Onto!

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Wondering which pennies are worth more than face value? Which pennies you should be holding onto, rather than spending? Well here you go -- a list of the most valuable pennies, each worth more than $1 apiece. Use this cheat sheet to help you determine which pennies are worth saving and which ones are worth spending!   Which Lincoln Pennies To Keep … [Read more...]

7 Penny Facts – Things You Probably Don’t Know About The One-Cent Coin

penny facts

Betcha these penny facts will turn you on your head – um, obverse? Yes, the good old penny. It’s a coin you probably don’t use much these days, though I’ll bet you have a small stash of pennies somewhere in your home tucked away in an old clothes drawer or perhaps in a jar. Pennies have inspired me as a coin collector. Finding a 1941 wheat cent in my allowance hooked me on the hobby when I was a child. As a penny collector, I spent 2 years and hundreds of dollars completing an entire set … [Read more...]

Should You Hoard Copper Pennies? Reasons To Save Every Copper Penny You Find

hoard copper pennies

You may have heard a lot these days about people who hoard copper pennies and wonder why they are. After all, if you’re like most coin collectors, you probably know that silver coins have historically been the big pocket change prize. However, the times they are a-changing, and the value of copper has skyrocketed over the past few years. People are beginning to hoard copper pennies in the opportunistic pursuit of someday cashing in on the coins’ intrinsic value.   … [Read more...]

What Are Doubled Die Coins?

doubled die coins

I get a lot of questions here from readers about doubled die coins – more specifically, inquiries that are accompanied by photos of coins which appear to have doubling of their designs. Sometimes a lucky individual will have a real doubled die coin, but sometimes no. So, what exactly is a doubled die? And, what is a die? And, why was the die doubled? Let’s take a moment and double down on what a doubled die is (note the “d” at the end of “double”; double die coin isn’t the correct … [Read more...]

Why Collect Coins? Reasons For Collecting Coins In The Past & Present

Why do you collect coins? There are as many reasons as there are coin collectors in this world. Photo by

Have you ever asked yourself why you collect coins? I mean, really – what keeps you motivated to stay in the hobby? What do you like about coin collecting? And, when is it that you first realized you were a coin collector? For me, my foray into coin collecting began when I found a 1941 Lincoln wheat cent in some allowance money I was given when I was 11 years old in 1992. I was intrigued by that old coin, and wanted to learn more about it and find other wheat cents. Within a couple months, … [Read more...]

The Joys Of Being A Penny Collector

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Some people go head over heels for Bust halves while others sing praises for Buffalo nickels. But, I? What coin is it that I love most? It’s the penny – more specifically, the Lincoln cent. Why did I become a penny collector? What is it about the little copper coin bearing the bust of our 16th president, Abraham Lincoln, that has lured me to collect these coins for most of my life? Well, there was one prevailing factor – pennies comprised about 80% of the coins in my piggy bank back then, … [Read more...]