I came across a load (about $30 face) of old pennies, all from 1940-1975. I've never been much of a penny guy, but have kept wheaties ever since I was a kid, and figure to keep any wheats in this load. I went out and bought the Whitman's for these and have had some fun with the kids filling in the folders. However, what do I do with the left overs? I don't really have a use for pennies from 1959-1975, but just can't seem to spend them or exchange them at a bank. They're just too old to part with. Does anyone have any thoughts on what to do with them?
Not a coin-roller guy but don't banks have to take them, especially if it's your own bank? I mean it's not too much to cash in with, is it? Do a deposit and they have to take them if that's your plan. They're really not that old or special, are they?
Your local Boy Scouts or Girl Scouts may like them for young collectors working on merit badges. Check the local library for youth coin clubs.
Just curious. What do they do with them exactly? Never been in the Scouts. Maybe I'm missing something?
There are people who are 'hoarding' pre-'82 cents because the copper content is worth more than the face value. If you post it somewhere I'm sure you could even profit off of them.
I sent a bunch of them to the Elongated Cents club. They set up at all the major coin shows and use pre 1982 cents to roll/smash coins for YNs.
I've given many of my older coins with little value to local coin clubs, who usually have a table at larger coin shows, and have a "kid's table". I see kids flock to the table during shows.
My LCS buys Wheat Cents for 3 cents each and LMC copper cents dated 1959-1981 for 2 cents a piece. You could also donate to a local scouting program, spend them or head to the bank. There are people that will buy them mad the copper value is higher than face value.
I would search them for varieties before cashing them in. There are a number of dates worth searching.
