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RE: Lessons from a 100 year old penny

in LeoFinance4 years ago

In the US, pennies were copper until 1982 (except for 1943 when they were made from steel due to a wartime copper shortage). Now they’re made of zinc. Pre-1982 pennies have a melt value of 1.8 cents today. I save any that I find, but it’s fewer and fewer every year as “bad money chases out good.”

I bought some Canadian silver coins from 2013 to 2015 today. They are all 8 dollar coins, but some are 1.5 ounces and some are 1.25 ounces. That’s confusing :-)

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Those strange denominations are silly to me. Maybe a sign of silver hitting a peak frenzy of popularity from 2011 to 2013. Reminds me how there are a bunch of weird art bars minted around 1979 and 1980... a previous silver frenzy.

By the way, at least Zinc isn't as worthless as Iron. Zinc is rarer, and has additional properties, like helping the body destroy viruses :)

Ha ha...you're right. 30 mg daily, with some quercitin.