Strange idea, never though that coins are metal backed money. Despite losing value in currency, the metal of which could stay stable...
Strange idea, never though that coins are metal backed money. Despite losing value in currency, the metal of which could stay stable...
Yep, in 1983 Reagan debased the pennies.
1982 and older are worth ~3cents.
The newer ones are about to hit 1cent.
http://coinapps.com/base-metal/coin/calculator/
This page gives the various values.
It also gives the value of metal in other currencies. Thus, the exchange rates as we know today are not true :)