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cent hoarding for copper/melting.
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<p>[QUOTE="Collector1966, post: 1042804, member: 17919"]Unlike the case with silver in the '60s, where just about everyone, it seems, knew that the silver was being removed from the dimes and quarters (and thus they were saving all the silver coins they could, even the 40% halves), and it was easy to tell the old silver coins from the new clad coins, the removal from copper from the penny passed with little fanfare in the early '80s, and a lot of people even today think that the cent is still made of copper because the new zinc cents are virtually indistinguishable by the naked eye from the older copper (bronze) cents. Of course, copper is not a "precious metal" either, and until recently was valued at a tiny premium over the content of the cent, so there wasn't much of an incentive to pull copper cents from circulation if they were common dates.[/QUOTE]</p><p><br /></p>
[QUOTE="Collector1966, post: 1042804, member: 17919"]Unlike the case with silver in the '60s, where just about everyone, it seems, knew that the silver was being removed from the dimes and quarters (and thus they were saving all the silver coins they could, even the 40% halves), and it was easy to tell the old silver coins from the new clad coins, the removal from copper from the penny passed with little fanfare in the early '80s, and a lot of people even today think that the cent is still made of copper because the new zinc cents are virtually indistinguishable by the naked eye from the older copper (bronze) cents. Of course, copper is not a "precious metal" either, and until recently was valued at a tiny premium over the content of the cent, so there wasn't much of an incentive to pull copper cents from circulation if they were common dates.[/QUOTE]
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