Question about Pennies

That would be a kick in the teeth for me. Love me some ABE

 

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Guessing 500 years

 

And the Australians and Kiwis have been without cents for more years than the Canadians. No-one is having problems.

 

218 years.

It is common to retrieve a 2018 cent from circulation (coin roll) and reasonably self-grade it to be MS63RD. One of the oldest Lincoln cents is from the designs' first year, a 1909 VDB RED, grade MS63, is currently listed at NGC for $57.50. That's 109 years. I merely doubled the time frame and a 2018 may be valued close to $100 by that time. Year 2236 AD ( Or CE, if you prefer).

The above date is the most optimistic calculation, but 2 things throw a wrench into the calculation machinery: 1. Non-linearity of projected appreciation, and 2. The extremely high mintage of this modern date.

On point #1, there is no way to project how slow or fast the coin will appreciate, my guess would tend toward slower, probably much slower.

On point #2, billions are being minted, millions are being collected and thousands are lost or destroyed each year. There's no way to know how many will survive that long.

Finally...if you take into consideration these are made of zinc and prone to self-destruction, then Cheechs guess of 500 years is looking better and better.

Spark