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...]

What’s A Business Strike Coin?

business-strike-coins

If you have spent any time perusing coin listings on coin dealers’ websites or checking out online coin collecting forums, you have probably come across the term business strike. But what’s a business strike coin, and how does one differ from other types of coins, such as proof coins?Business strike coins are intended for the purpose of circulating in the channels of commerce, or, in other words, daily exchanges of money at the grocery store, the bank, and the mall.So, the coins you have … [Read more...]

Lincoln Wheat Cents: Values Of Key Dates

lincoln-cents-values

If there is one coin I have loved since I was kid, it is the Lincoln penny.This versatile little coin has been struck by the United States Mint since 1909, and over the years has become one of the most popular coins in the whole world.The values of many Lincoln cents far exceed their face value, making them highly demanded by both collectors and investors.Like many coin collectors, I especially pursue Lincoln wheat cents, which have two stalks of wheat on the reverse side of the coin … [Read more...]

Have a Silver Penny That’s NOT a 1943 Steel Cent? Here’s How to Find Out What You Have

silver penny

A lot of people leaving comments here at The Fun Times Guide to Coins have been asking me about their silver pennies.Of course, many of these silver one-cent coins are 1943 pennies, which really aren’t silver pennies. They're actually made with zinc-coated steel.However, many of these inquiries about silver pennies have nothing to do with 1943 Lincoln cents or even the highly rare 1944 steel cent (a mint error caused by leftover steel coin blanks getting accidentally getting stamped with … [Read more...]

Looking Through Penny Rolls Can Be Rewarding and Fun

penny-rolls

Ever since I first started collecting coins, I’ve been checking penny rolls from banks and grocery stores for scarce and old coins. I don’t honestly know what prompted me to start doing that, especially as I was only a kid and no one had told me that searching rolls of coins is one of the most efficient and successful ways to make interesting finds in circulation.From wheat cents to foreign coins and off-center coins, too, I’ve found all types of scarce, unique, intriguing, and valuable old … [Read more...]

The Ultimate Guide to the 1944 Steel Penny: Like 1943 Copper Cents, It’s a Coin that Collectors Crave

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If you collect coins, you know about the 1943 steel Lincoln cent.But, what about the 1944 steel pennny?While the U.S. Mint struck more than a billion steel pennies in 1943, about 35 examples of the zinc-coated steel cent are known to have been inadvertently struck bearing the date 1944. Why Were Some 1944 Pennies Struck in Steel?A popular theory is that some steel coin blanks, or planchets, were left in the hoppers and accidentally distributed. … [Read more...]

What’s the Value of Wheat Pennies? Find Out How Much Yours are Worth!

value of wheat pennies

“What’s the value of my wheat pennies?” – that’s the main question I keep getting here at The Fun Times Guide to Coins, and I’m glad this is so, because Lincoln cents have long been my specialty. In fact, that’s the first coin I ever collected and the coin that I to this day still focus my coin collecting efforts on.When I was a new coin collector I, too, used to wonder what the value of wheat pennies was, simply because they’re obsolete coins that by the very nature of their being old were … [Read more...]