FAMILY FINDS OVER 1 MILLION PENNIES CLEANING LOS ANGELES HOME IN BASEMENT
I’ve heard of penny pinchers. But this takes the copper cake to a degree I never imagined possible. A penny pincher, if you didn’t know (which means you only know how to tell time on a digital clock) is someone who doesn’t spend their money easily. In other words, they pinch every penny hard so as not to let it get away. I’m just old enough to remember being told to save every penny if I wanted to buy something. But one family found much, much more than they bargained for when they went to clean out their father’s L.A. home. They literally found a nest egg of 1 million pennies!
AT FIRST THEY FOUND JUST A FEW, THEN THEY SAW DOZENS OF BANK BAGS FILLED TO THE BRIM
John and Elizabeth Reyes were working to clean out her father’s former home. That’s an arduous job (I know). They have plans to do major renovations, so they’re looking into every nook and cranny, and under them, too. They’ve been doing the cleaning over several years, due to busy schedules. But when they went to see what had to be done in the basement crawlspace, they made the stunning discovery: 1 million pennies! At first, they just found some loose which would shock no one. But then they found literally dozens of bags filled with even more one cent coins. As in, an ocean of them.
EVEN BETTER? THESE PENNIES PREDATE 1982, AND ALL ARE MADE FROM COPPER, NOT ZINC
They had to weigh all the coins to figure out just how many there were; over a million. But even better? The pennies are actually made of copper and not zinc. The US switched from making every penny from copper to zinc in 1982. So who knows how many unique collectibles are in there? And yes, 1 million pennies is only worth $10,000. But the value of the copper alone is worth more than that. The Reyes considered a coin bank, but didn’t want to pay the 8% fee. So they’ve listed them on OfferUp, and are asking for $25,000. I’d say that’s a steal, not a deal.
When it comes to over a million pennies, there are bound to be some really valuable collectibles in there.