this post was submitted on 03 Apr 2025
37 points (91.1% liked)

[Dormant] moved to !historyartifacts@piefed.social

1376 readers
1 users here now

COMM MOVED TO !historyartifacts@piefed.social

founded 2 years ago
MODERATORS
 

I do believe that 1961 penny is MS-67 grade.

Sorry, although I do have backside photos of these pennies, I don't know how to share multiple photos on Lemmy.

Mods, I do hope this is an acceptable post. Please let me know if not..

you are viewing a single comment's thread
view the rest of the comments
[–] MoreFPSmorebetter@lemmy.zip 7 points 1 year ago (3 children)

Those 3 pennies cost ~12 cents to make.

[–] reddig33@lemmy.world 5 points 1 year ago (2 children)

And stay in circulation for sixty years evidently. I’d say we got our money’s worth.

[–] MoreFPSmorebetter@lemmy.zip 4 points 1 year ago

Oh I wasn't making a comment on the value. I just think it's funny that it costs more than a penny to make a penny.

[–] over_clox@lemmy.world 3 points 1 year ago

I'm no expert coin collector, but I do call myself paying a little attention here and there.

Sure, the pennies might only be worth face value at places right now, they might be worth way more in years to come...

[–] over_clox@lemmy.world 4 points 1 year ago (1 children)

Middle penny appears to me MS-67 grade, which basically means it's hardly been in circulation, and barely has any wear on it.

Hell, even the back side of the middle penny still has rigid steps on it. According to my research, it's worth more dollars than I would have expected.

[–] MoreFPSmorebetter@lemmy.zip 2 points 1 year ago (2 children)

That's actually interesting. I probably have some low circulation coins in my coin jar. How much are they worth?

[–] over_clox@lemmy.world 2 points 1 year ago

I am most definitely not an expert, I've just collected what's crossed my way over the ~~years~~ decades..

Though I'm no expert, I'm not coin stupid either.

You flick the coin fast enough, if it's a good coin, it'll ring..

[–] over_clox@lemmy.world 1 points 1 year ago

Well now I'm even more interested in pennies...

https://coins.thefuntimesguide.com/valuable-pennies/

[–] BradleyUffner@lemmy.world 1 points 1 year ago (1 children)

Who do so many people think that matters at all? It's not like they are consumable.

[–] MoreFPSmorebetter@lemmy.zip 1 points 1 year ago (1 children)

I didn't even state any opinion. I literally just said shared a fact I find entertaining. Chill out.

[–] BradleyUffner@lemmy.world 3 points 1 year ago* (last edited 1 year ago) (1 children)

Apologies, that wasn't specifically aimed at you. Many people seem to use the manufacturing cost vs the face value of a penny as a reason to eliminate it. Those were the people that I was aiming the question at.

[–] MoreFPSmorebetter@lemmy.zip 1 points 1 year ago

I mean I do think that given where inflation is at (and heading) that perhaps the penny and nickel don't need to really be made anymore, but I also know that many people love coins.

Realistically we could just stop buying washers at 10k a pop for our military and then we could afford to make coins forever, but that's a different conversation about government spending...