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<p>[QUOTE="mlhradio, post: 506770, member: 16900"]Just a quick interesting note - Back in 2006 I went through $100 in pennies and tallied everything up. My goal was to find out the annual attrition rate of pennies (what percentage of coins are lost from circulation each year by comparing what should be in circulation based on mintage totals and what is actually in circulation). Got some interesting numbers that I might post later, when I have the time.</p><p><br /></p><p>Anyway, I just uncovered the old notebook that had all the numbers in it. Out of those 200 rolls of pennies, I found a grand total of 43 wheat cents. The majority were from the fifties, of course, but I did run across a 19, 19-S, 20, and 35-S. (Also 8 Canadian cents, and 4 dimes).</p><p><br /></p><p>Running the numbers, that works out to 1 wheat cent out of every 232 cents. Pretty discouraging.</p><p><br /></p><p>Did the same thing back in 2005, and I recall similar results. However that paperwork is lost somewhere when I moved, so I'll have to dig it out for actual, hard numbers. That's a far cry from when I was a little kid in the late seventires, going through ten bucks of pennies at a time, and I could pretty much expect a wheat cent in every roll. I filled in most of the holes in my Whitman album that way - thirty years later, good luck with that idea.[/QUOTE]</p><p><br /></p>
[QUOTE="mlhradio, post: 506770, member: 16900"]Just a quick interesting note - Back in 2006 I went through $100 in pennies and tallied everything up. My goal was to find out the annual attrition rate of pennies (what percentage of coins are lost from circulation each year by comparing what should be in circulation based on mintage totals and what is actually in circulation). Got some interesting numbers that I might post later, when I have the time. Anyway, I just uncovered the old notebook that had all the numbers in it. Out of those 200 rolls of pennies, I found a grand total of 43 wheat cents. The majority were from the fifties, of course, but I did run across a 19, 19-S, 20, and 35-S. (Also 8 Canadian cents, and 4 dimes). Running the numbers, that works out to 1 wheat cent out of every 232 cents. Pretty discouraging. Did the same thing back in 2005, and I recall similar results. However that paperwork is lost somewhere when I moved, so I'll have to dig it out for actual, hard numbers. That's a far cry from when I was a little kid in the late seventires, going through ten bucks of pennies at a time, and I could pretty much expect a wheat cent in every roll. I filled in most of the holes in my Whitman album that way - thirty years later, good luck with that idea.[/QUOTE]
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