Last edited Mon Feb 10, 2025, 04:06 AM - Edit history (1)
It was a good run but it’s time to say goodbye.
Last estimate I heard was there are about 250 BILLION of them in circulation. It will be interesting to see if this sets off a “Penny Panic”, as in mass redemptions of them. It would utterly inundate our banking system.
There are still plenty of them to use for circulation if people raid their change hoards and they still remain legal tender. It takes an act of Congress to change their legal tender status.
A side note, if you folks want to start saving a few of the old 95 percent coppers, the latest date to collect that is definitely copper is 1981. 1982’s are a mix of real copper and “Zincolns”. You have to weigh them to confirm the difference.
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