Hoarding U.S. Coins

------------------------------------------------- Revised 07/17/17
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Hoarding coins for melt value
Some U.S. coins have a melt value worth hoarding

Metal value of U.S. coins has an intrinsic melt value.
Every prepper worth his weight in salt, knows that the paper
dollar will be virtually worthless in a major crisis, but many
preppers don't consider that the metal value of U.S. coins
currently still in circulation is actually quite significant.

Some U.S. Coins have a melt value making them worth the
sorting to stockpile. It's time to start hoarding coins for the melt
value before they're all gone.

What treasures might you have in your coin jar?
As a prepper, it's worth setting aside these coins aside for the
melt value:
  • Eisenhower ~ 1971-1974 only "S" marks Minted in San
    Francisco are silver. Also look for 1976 with "S"  mint marks.
  • Kennedy half dollars ~1965-1970
  • Dimes ~ 1946-1964 (silver dimes are still in circulation!)
  • Nickels ~ 1938-1964, but especially 1942-1945
  • Pennies ~ 1909-1981 are all copper!

NOTE: Melting coins for profit is not legal. Save these coins for
the future ~ either for your grand kids to inherit or for a world
without rule of law.

Hoarding Coins for the Melt Value
Collecting coins is a fun prepper activity. If you have kids, see if
they will enjoy this pastime with you. Dump coins and have them
help you search the special ones. Below are the coins you can
search together...

How much is a silver dollar worth in metal value?
Only the "S" Eisenhower ~ 1971-1974 only "S" marks Minted in
San Francisco are silver. Also look for 1976 with "S"  mint marks.
The melt value for the silver varieties (mint marked "S")  is
around $5.66, but to collectors it may be worth more:

  • 1971 S Eisenhower Dollar ~ silver worth $7 to collector
  • 1971 D Eisenhower Dollar ~ not silver, but worth around $2
  • 1971 Eisenhower Dollar ~ not silver, but worth around $2
  • 1972 S Eisenhower Dollar ~ silver worth $11 to collector
  • 1972 D Eisenhower Dollar ~ not silver, but worth around $2
  • 1972 Eisenhower Dollar ~ not silver, but worth around $2
  • 1973 S Eisenhower Dollar ~ silver (keep for melt value)
  • 1973 D Eisenhower Dollar ~ not silver, but worth around $10!
  • 1973 Eisenhower Dollar ~ not silver, but worth around $10!
  • 1976-S ~  Sold only as mint sets.

How much is a half dollar worth in metal value?
Kennedy half dollars from 1965-1970 are 40% silver and 60%
copper. These coins are still hiding in circulation today. The little
known secret is that these half dollars are really worth around
$2.45 in melt value. While it is not legal to melt them for profit,
you can certainly collect them and save them as part of your
overall prepping. They may be useful in bartering!

How much is a silver dime worth in metal melt value?
The 1946-1964 Roosevelt dimes have a melt value of around
$1.29. They are usually worth more to collectors. Most dimes are
in the $1.50 - $16 range. 1949 "S" being a top end coin that could
have a value of $75 in top condition.

How much is a nickel worth in metal value?
Save your Jefferson nickels (particularly the dates 1938-1964)!
Did you know that the nickel is one of the most valuable coins
minted in terms of its metal value?

Nickels have almost always contained 75% copper and 25%
nickel. Their metal content makes them worth around .07-.08
cents each, so you potentially profit from each coin.

The only exception being World War II Nickels 1942-1945, which
are 56% copper, 35% silver, and 9% manganese. Ironically there
is no nickel at all in these war nickels, which makes them even
more valuable! War nickels are worth around .80-.90 cents each
in metal value. These war nickels will of course have an even
higher collector value than their spot price, particularly if the coin
has an error.

  • Calculate how much your nickels are worth using current
    copper, silver and nickel prices at coinflation.com

How much is a copper penny worth in metal value?
Find a penny, pick it up...and all day you'll have good luck! How
much is the metal in a penny worth? The value of the penny is
worth around double the face value.

  • An ounce of copper is worth between .09 and .16 cents
    depending on the copper price! Calculate how much the
    base metal of pennies are worth using current copper prices
    at coinflation.com

Become a penny hoarder! The National Public Radio reports penny
hoarders are banking on the day it is legal to melt pennies.

Best of all, pennies are so easy to find, someone is always
dropping them and never bothering to stoop so low. Now you can
be the one to reap the rewards. Pick up pennies and become a
penny hoarder!According to coinflation.com, ten pounds of Lincoln
copper pennies was worth $33.99 on Jan. 2, 2016. The calculator
only figures the copper melt value of Pre-1982 U.S. Lincoln 95%
Copper Pennies while 5% zinc and/or tin value and weight were
not included. You can still get a good deal buying copper pennies
online, but watch shipping prices and factor in those costs.It's
wise to save copper pennies instead of spending them. Pennies
of copper (minted 1909-1982) were worth almost 2-1/2 times
their value in 2015, and today the copper melt value is worth
more than twice the face value.  Check out the current melt
values. For example, $1 in pennies had a total melt value of
$1.70 on Feb. 18, 2015. Learn more at
coinflation.com.

Collect copper pennies 1909-1981.
U.S. pennies from 1909-1981 are 95% copper and valued at
171.73% of the face value.

In 1982 the U.S. Mint switched from a mainly copper to a mainly
zinc alloy for making pennies. U.S. Pennies minted after 1982 are
97.5% zinc (and not copper).

While it's true that copper prices are decreasing in value slightly,
it's still lucrative to collect copper coins. Don't buy bullion as
that's not a good deal.

Copper was valued at $2.12 per pound on Jan 2, 2016; however it
was $2.61 per pound (Feb. 20, 2015) and one pound bullion bars
sold  for as much as $13.69 and $5.49 for shipping back then. A
copper bar that is just one troy ounce is then was valued at just .
16 cents and yet unscrupulous sellers were hawking it for around
$4.95! Do your homework with
online copper calculators and see
for yourself. The calculator will tell you how much a thousand
1982 pennies are worth in copper, which is $13.82 on Jan. 2,
2016. (A thousand pennies is otherwise worth only $10 in cash
value.) Can you see now why it's better to stash pennies than it
is to buy copper bullion?

Have a jar of coins you've already sorted through?
With the useless new pennies, nickels and dimes which add up,
you can buy useful preps. Get to a
coinstar machine and you can
turn cash into an Amazon Gift card. Otherwise Coinstar will take
a processing fee.

Happy endings...
It's a great project for kids to go through your coin stash and it
will help them get a prepper hobby: coin collecting!


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