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Why are lincolns from the 60's so shiny?
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<p>[QUOTE="cladking, post: 209997, member: 68"]In addition to the large number of pre-'65 issues that get checked for </p><p>gems and varieties and then spent, there is also the simple fact that the</p><p>penny is worthless. In fact it's less than worthless since handling and </p><p>counting costs exceed their face value. This means that many people </p><p>refuse to deal with them in one way or another. Lots of people throw </p><p>them in the garbage and billions are lost each year to the landfills and in-</p><p>cinerators. This is a shame since they are toxic and will leach out of the </p><p>landfills for many years. But more people just toss them in sock drawers</p><p>or buckets. This creates a very low velocity for these coins and some can </p><p>actually sit out of circulation for decades. Eventually they can reenter </p><p>circulation and will be high grade.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 209997, member: 68"]In addition to the large number of pre-'65 issues that get checked for gems and varieties and then spent, there is also the simple fact that the penny is worthless. In fact it's less than worthless since handling and counting costs exceed their face value. This means that many people refuse to deal with them in one way or another. Lots of people throw them in the garbage and billions are lost each year to the landfills and in- cinerators. This is a shame since they are toxic and will leach out of the landfills for many years. But more people just toss them in sock drawers or buckets. This creates a very low velocity for these coins and some can actually sit out of circulation for decades. Eventually they can reenter circulation and will be high grade.[/QUOTE]
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Why are lincolns from the 60's so shiny?
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