Tuesday, April 17, 2012
Copper Penny Hand Sorting: Sounds Odd, But It's Growing
Copper penny sorting illustrates the toll inflation has taken. Back in the olden days, dimes, quarters and halves were made of silver. High silver prices put an end to that. You'd think inflation couldn't get any worse, but it has. Now, copper pennies are well above their intrinsic value too. These high copper prices have taken old pennies from the realm of coin collecting to bullion hoarding. There's a growing and thriving underground of copper penny hoarders. The hobby even got the notice of ABC's Nightline last December 2nd.
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