Have an older cent and want to know its value? Leave a comment
This follows my self imposed rule about saving common cents that are 50 years or older. Yes it is normal and holds no extra value above metal content but it is becoming more difficult to find.
The 50+ years rule was set up because that is a good round number where things start to become classics. Even with coins it is a good time to set them aside because they get more scarce each year that passes. Back when I did the Cent Project challenge I found out that the 1961 cent from Philly only made up 0.24% of my finds.
Between 1959-2012 there are about 133 different U.S. cents to reasonable collect. The most common I found are 1994 (3.80%) and 1989 (3.95%) not surprisingly because these were minted in high amounts, also they are recent coins. Older coins were made in lower amounts and thanks to natural loss and hoarders they are seen less in change each year.
Should you bother doing the same? Probably not it would be wiser to buy one high quality graded example.
Here's the stats...
Type/Country: 1 Cent / United States
Metal: 95% Copper, 5% Zinc
Value: $0.02 in G-4
you have a cent and want to know its value? Leave a
comment/question and I will do my best to find out the price and history