| Category: General
That’s 10k of money value, but what’s the copper value?
Going by local prices, 1 million penneys would be roughly 5501 lbs. at an average of $2.70 per lb it would be $14,852 in scrap
That’s, like, sixteen bucks!
Time to recruit a couple dozen coin collectors to check for rarities.
Someone tell Jerry O’Connell
Go to a shopping mall with a fountain and dump them all in.
One at a time.
Wishes guaranteed to come true.
Think of all those wishes at the fountain, you could rule the earth. Pitiful mortals will bend to your will as you become supreme overlord of everything with wish after wish
>When the nation switched from copper to zinc to press its pennies, Fritz saw an opportunity to help build generational wealth for his family.
Fritz, a well-known butcher who worked in Hollywood for years, would take his paychecks to the bank and purchase copper pennies, knowing their value would only go up in time.
If they just invested that $10,000 in the S&P 500 it would be worth like $700k now. Instead they’re stuck with a bunch of pennies that even banks don’t want.
I’d be getting a kiddie pool and making a ghetto version of my Scrooge McDuck fantasy come true.
THREE COINS IN A FOUNTAIN
Find the nearest well and make a million wishes. That’s the only cents-ible thing to do really
When I first say this thread, I thought it said copper penises. The actual story is less interesting than what I expected.
> Reyes listed the coins on OfferUp, a popular resale app and website, asking for $25,000. If their estimate of 1 million pennies is accurate, that’s more than double the $10,000 value in normal currency.
> They’ve received piecemeal offers from people interested in a portion of what treasures may be found in the depths of the bank bags, but no offers to take them completely out of their hands. One person offered the copper value, but that proved to be impractical and resource-heavy.
> “The value is in the uniqueness,” Reyes said, and taking less than their full value would go against the ideals of his strong-willed father-in-law.
LMAO I can already imagine the posting:
“$25,000 for 1,000,000+ pennies, buyer to collect, sold as is, NO LOWBALLS I KNOW WHAT I GOT”
I know how I’d be paying my income taxes next year…
Now to spend the rest of their lives going around LA offering people a penny for their thoughts.