Family finds 1 million copper pennies!

Bet there might be some IHC also. Does anybody know if the full boxes are newer type

 

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It's insane that people would pay up for something modern like this. $50k seems to be a stretch except for the highest MS grades: https://www.pcgs.com/auctionprices/details/1969-s-doubled-die-obverse-ms/2923
However those auction results are still mind-boggling.
25 of them have been sold since 2019. Not exactly rare.

 

Cross State-who is moving,
agreed looks like a fun few bags. Wonder if there are any key dates left to go thru.

 

Lol yes

 

But they’re Lincoln’s.

 

The BBC had an update on this story. It says:

-One local bank said they didn't have room in their vault for the coins
-"The coins, which are made from pure copper, pre-date 1943"
-"Rather than search the haul for any rare valuable coins themselves, they have instead decided to sell them all online, asking $25,000 for the lot."

I would guess they have already been sold. The article doesn't say where the lot was posted for purchase.

 

This would be a great way to set up a scam. Just get a whole bunch of bags of pennies and set them against the wall. Tell everybody it’s uncle Joseph, his dad and sell them. Something doesn’t smell right about the story to me.

 

The BBC article says this:

The coins, which are made from pure copper, pre-date 1943, when the US began using other metals to make the one cent coin due to World War Two shortages. Pennies are now made primarily from zinc.

To me, that just seems like half-a** research about when US coins changed composition.
It would be a weird year to stop saving cents. No post-43 wheaties for what reason?

 

Just Poor journalism.
Reading between the lines.
The boxed cents look way newer than 1944.