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 Happens To Coins Tossed In A Fountain?

coins fountain

Ever since I was a kid, I’ve wondered about what happens to coins that are thrown into water fountains.Countless people all around the world toss coins into fountains to make wishes and for good luck. Why, there’s even a 1954 movie that showcases the custom. (Three Coins in the Fountain, anyone?)I always thought coins that have been tossed into a fountain are pretty much left there. After all, they represent people’s wishes, right?Well, I did some research on this topic, because I … [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...]

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...]

What’s The Lifespan Of A Coin? Find Out How Long Coins Last

coin lifespan

Have you wondered what the lifespan of a coin is?When I started collecting coins at the age of 11, that was one of the first things I wondered – how long does a coin last before it is too worn to use?Not long after I started collecting coins in the early 1990s, my question was answered when I heard about a report that was conducted by the U.S. Government Accountability Office (GAO). This study concerned the average lifespan of coins and, more specifically, how much the United States … [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...]

Keep Your Pretty Pennies Safe in Coin Albums for Lincoln Cents

coin albums

If there is one coin that I and millions of other coin collectors love putting in coin albums, it has to be the Lincoln cent, and for good reason – it is one of the first coins we ever started collecting, most dates are pretty affordable, and these pennies are easy to find in pocket change.Besides, Lincoln cents have been with us for more than a century – since 1909, to be exact; so it is no wonder that this beloved little coin is found in millions of numismatists’ coin collections.My … [Read more...]

Popular Coin Sets for Beginning Collectors

coin collectors sets

Coin collecting is a hobby that has grown by leaps and bounds over the last several years, with tens of thousands joining the ranks of coin collectors each year.By some estimates more than 100 million Americans collect coins, and these millions of collectors all started their journeys in the hobby somewhere.For many people, their first foray in coin collecting originates with a collection they inherit from a family member, a strange coin found in pocket change, or perhaps even the start … [Read more...]