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The US might be saying goodbye to the beloved Penny... what benefits could the change bring for coin collectors?
A good place to start is to buy a copy of “A Guide Book of United States Coins,” also known as the Red Book. Learning about coin values will help you avoid bidding too high at auctions.
This story appeals to us on two levels ... coins were melted down and the gold reused to make more coins with that same notional value. More infamous was what gold bugs term The Great Confiscation ...
Why do coins have different values? Coins have different values so you can buy items that cost different amounts. The value of the coin is how much it is worth. You also need different value coins ...