Discussion Forums - Money Saving Tips Money Saving Tips

Topic: Dates on Change

Club rule - Please, if you cannot be courteous and respectful, do not post in this forum.
  Unlock Forum posting with Annual Membership.
Subject: Dates on Change
Date Posted: 4/13/2009 8:01 PM ET
Member Since: 4/25/2008
Posts: 428
Back To Top

I came across something recently that I thought the people here would be interested in. It was an old note that I had written for myself from the mid-80s. (I clean out boxes about every 30 years or so, but that's besides the point.) During the mid-80s, I was in high school and was working at a fast food restaurant in my home town. I didn't make a lot, so I supplemented my income with the change from the store.

I found out that certain dates were worth more than the face value. Nickels from the year 1945 and earlier were worth 6¢. Dimes from 1964 and earlier were worth 30¢. Quarters from 1964 and earlier were worth 75¢. Half dollars from 1964 and earlier were worth $1.50. Most pennies were only worth a penny. However, the wheat pennies were worth 60¢ for every 50. And, I could get 10¢ for every steel penny (1943, I think).

Basically, I'd go through the change in the register and pull out all the dates listed. Then, I'd replace the coins with some that I had brought from home. I'd take the coins to a dealer at a local trade days and get the money. It was never a huge amount. Generally less than $50 per month. But, I only made about a hundred per week, so it really helped. During my best month, I think I made about $200 although that was a one time thing.

If anyone saves change or has access to a lot of change, it might be an easy way to make a bit of extra cash if you don't mind sifting through all those coins.

Date Posted: 4/14/2009 8:09 PM ET
Member Since: 4/25/2007
Posts: 12,026
Back To Top

LOL, I save that kind of change just because I like it.  Never thought of taking it to a coin dealer.  I work in a store, I find all sorts of cool coins.  It's very easy to spot those earlier nickles, dimes, and quarters.  They're made of silver and even sound different.