Time to start saving nickels and pennies

http://www.coinflation.com/coin_calculators.html

On March 2, 2011  I went on that site and looked up the melt value of every single U.S. coin.

Pennies (1909-1982)  are worth .029 cents.  That means if you buy a roll of 50 pennies, for 50 cents, you are actually getting $1.48 of metal.

(1982-2011 pennies in a roll of 50 pennies are a loss, the metal in them is only worth .33)

Jefferson nickels from 1946-2011:  If you buy a roll of 40 nickels, for $2.00, you are actually getting $2.91 of metal.


More losses:
1965-2011 Roosevelt dimes have metal value of .026 each.

1965-2011 Washington Quarters have metal value of .064 each.

Kennedy half-dollars have metal value of .12 each.

Eisenhower dollars have metal value of .25 each.

The good thing about nickels is that you don't have to sort them.  Pretty much every nickel you get will be from 1946-2011.  So they are easy to collect.


For pennies, you need to sort every one of them to make sure to save the ones from 1909-1982.  (The 1982-2011 are worth less than a penny.)  And I don't know how to tell the difference between a good one or a bad one from 1982.


Now that I know this, I am going to get some nickels and pennies as a means of exchange when the bad times come.  And I think we had better watch out, it won't be too long before everyone has this figured out and the older pennies and the nickels quit circulating or get recalled by the government.


Plus:  A good article by Kellene Bishop:
 http://www.preparednesspro.com/blog/food-shortage-series-part-4/