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10 years ago

PostPosted: Sat Dec 10, 2022 12:03 pm
by JerrySpringer

Re: 10 years ago

PostPosted: Sat Dec 10, 2022 5:35 pm
by 68Camaro
Hadn't seen that in awhile - a good reminder of those times! Funny how they used the common vernacular for the coin (taken from the Brits) of penny rather than cent.

Still waiting for the lifting of the melt ban, but it'll come, and like Joe said, it'll never drop below a cent in value.

Re: 10 years ago

PostPosted: Sat Dec 10, 2022 8:58 pm
by Recyclersteve
One month after that (January, 2013) was when I joined this fine site. Always enjoyed watching that video and have probably seen it 10-12 times over the years. Thanks for sharing this!

Re: 10 years ago

PostPosted: Sun Dec 11, 2022 8:49 am
by Cu Penny Hoarder
Quite a nice hoard. I wonder if Joe is still hoarding Cu pennies?

Almost 2023 and I'm very surprised that pennies are still being minted.

Re: 10 years ago

PostPosted: Mon Dec 12, 2022 1:19 am
by Recyclersteve
Cu Penny Hoarder wrote:Quite a nice hoard. I wonder if Joe is still hoarding Cu pennies?

Almost 2023 and I'm very surprised that pennies are still being minted.


And the inflation we’ve had recently has already made the pennies substantially closer to worthless than they already were.

Re: 10 years ago

PostPosted: Mon Dec 12, 2022 11:38 am
by JerrySpringer
Recyclersteve wrote:
Cu Penny Hoarder wrote:Quite a nice hoard. I wonder if Joe is still hoarding Cu pennies?

Almost 2023 and I'm very surprised that pennies are still being minted.


And the inflation we’ve had recently has already made the pennies substantially closer to worthless than they already were.


During the era of high inflation, copper did squat. But the past ~ 16 years it has climbed:

https://www.macrotrends.net/1476/copper ... chart-data

EDIT: First read on Recyclersteve comment interpreted that anyone who saved cents lost out to inflation. After my coffee, I realized it was about the actual cent having no buying power vs many years ago.