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  #41  
Old 05-06-2021, 07:41 PM
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I have a pail in the basement from 2008 till now filled with them. I collect things..

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  #42  
Old 05-06-2021, 09:44 PM
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i don't dig pennys
waste of time sure it might be a 10k ring owell 10k is not worth zip
and your chances of 10k gold against a penny is 2000+ to 1
why waste your time i would rather dig pulltabs all day long!!
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  #43  
Old 05-06-2021, 10:12 PM
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Originally Posted by vegasplayer View post
i don't dig pennys
waste of time sure it might be a 10k ring owell 10k is not worth zip
and your chances of 10k gold against a penny is 2000+ to 1
why waste your time i would rather dig pulltabs all day long!!
I like this. I just wish everybody thought like you !
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  #44  
Old 05-06-2021, 10:19 PM
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Martin_V3i Martin_V3i is offline
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Originally Posted by diggin4clad View post
I ignore zincs but occasionally get a few and most are badly corroded. They end up in the garbage can.
I skip zinc penny signals too, but a buddy pulled a thin seated dime with that signal.
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  #45  
Old 05-06-2021, 10:33 PM
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Originally Posted by Martin_V3i View post
I skip zinc penny signals too, but a buddy pulled a thin seated dime with that signal.
I'm sure that over time I've missed a few good targets by ignoring zinc signals but if I have, then so be it. At age 75 I'm looking to save wear and tear on my knees by not digging hundreds of worthless zincs.

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  #46  
Old 05-06-2021, 10:44 PM
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I donít believe the Federal Reserve is accepting any damaged coins at this time. And I think you must at least a pound of each denomination.

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  #47  
Old 05-07-2021, 08:42 PM
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I am a member at a local credit union. I asked them what to do about crusty pennies, They said they will not take them if they will not pass through the machine. They also said even though they are legal tender I should just throw them away. My wife informed me that I can not throw them away because they have the word God on them. So I have a whole bunch of pennies I can't do anything with. I will respect her wishes and keep them.
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  #48  
Old 05-07-2021, 09:07 PM
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Originally Posted by Granddaddy Roy View post
I am a member at a local credit union. I asked them what to do about crusty pennies, They said they will not take them if they will not pass through the machine. They also said even though they are legal tender I should just throw them away. My wife informed me that I can not throw them away because they have the word God on them. So I have a whole bunch of pennies I can't do anything with. I will respect her wishes and keep them.
So does she have a problem spending money with the word God on it ?
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  #49  
Old 05-07-2021, 09:11 PM
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I add them into my "totals" count and then trash 'em.

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  #50  
Old 05-07-2021, 09:28 PM
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Originally Posted by Granddaddy Roy View post
I am a member at a local credit union. I asked them what to do about crusty pennies, They said they will not take them if they will not pass through the machine. They also said even though they are legal tender I should just throw them away. My wife informed me that I can not throw them away because they have the word God on them. So I have a whole bunch of pennies I can't do anything with. I will respect her wishes and keep them.
Drop them in your house plants or garden and let God help your plants , good plant food .

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  #51  
Old 05-09-2021, 03:00 PM
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Originally Posted by mh9162013 View post
I think you are incorrect:

https://www.usmint.gov/news/consumer...d-coin-program

However, here's a key phrase: "Bent or partial coins that are not readily and clearly identifiable as to the genuineness and denomination of the coins"

All of my mutilated coins are clearly identifiable as pennies, in my opinion. And I think most others would agree. You give the average person my mutilated coins, I'm confident most would say that "they appear to be pennies." But is that enough for the US Mint? That's what I don't know.

And for the time being, it's a suspended program. But presumably, it will be resumed. And if that's the case, is it worth it for me to keep zincolns in bad shape? Perhaps not...
The reason i said that they would not take back corroded zincolns was the program has been suspended for years. I was saving all those worthless things until i found out that the program was suspended and that was a number of years ago.

When they were taking them they were paying by the pound. If memory serves it was $1.49 per pound. And you had to pay shipping. Not worth the effort.
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  #52  
Old 05-09-2021, 08:34 PM
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Originally Posted by georgeinsc View post
The reason i said that they would not take back corroded zincolns was the program has been suspended for years. I was saving all those worthless things until i found out that the program was suspended and that was a number of years ago.

When they were taking them they were paying by the pound. If memory serves it was $1.49 per pound. And you had to pay shipping. Not worth the effort.
That makes sense. Thanks for the clarification.
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  #53  
Old 05-10-2021, 10:41 PM
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It was advertised a few years ago, that a Federal Reserve Bank will exchange mutilated coins. There are only 12 in the whole US though, so if you are near one....
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  #54  
Old 05-11-2021, 01:54 AM
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Iíve never had a problem with my bank taking pitted zincoln cents! They put them aside and send them back to the Fed Reserve bank for disposal as I understand it. I tumble all the clad I dig so they can tell what they are.

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