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where to get new pennies

where to get new pennies

3 min read 14-12-2024
where to get new pennies

Finding brand-new, shiny pennies can be surprisingly tricky! Most of the pennies in circulation have seen better days, but there are a few reliable places to find those fresh-from-the-mint coins. This guide will walk you through the best options, whether you're a collector, need them for a specific purpose, or simply enjoy the satisfying feel of a pristine penny.

Why Find New Pennies?

Before we dive into the how, let's talk about the why. Why go to the trouble of finding brand-new pennies? Here are a few reasons:

  • Collecting: Many coin collectors actively seek out new pennies, especially those with specific mint marks or dates. This is a popular hobby. They look for the distinct characteristics of new coins.
  • Special Occasions: Need pennies for a wishing well, a specific craft project, or a fun activity with kids? New pennies add a nice touch. They add a special, clean look to projects.
  • Preservation: Keeping a set of new pennies can be a unique way to preserve a piece of history. Pennies change over time; new ones are perfect for this.
  • Simply the Satisfaction: There's something undeniably satisfying about the feeling and look of a perfectly uncirculated penny. It's a small pleasure that some appreciate.

The Best Places to Find New Pennies

Now, let's get to the heart of the matter: where can you actually find these elusive new pennies? Your search might take some effort, but with a little persistence, you'll succeed.

1. Banks

This is your most reliable bet. While not guaranteed, banks often have rolls of new pennies available. This is because banks receive shipments of fresh coins directly from the Federal Reserve. Call ahead to your local bank to check their inventory.

  • Tip: Visit smaller, local branches, rather than large corporate banks. They often have a better chance of having fresh rolls on hand. They may be more willing to help collectors.

2. Coin Dealers

Coin dealers are another good option. They buy and sell coins, often having a surplus of uncirculated coins. This includes pennies. They are especially useful for collectors needing rare or specific mint marks.

  • Tip: Be prepared to pay a slightly higher price than face value for these uncirculated coins. The quality is usually worth it to collectors.

3. The United States Mint

While you can't just walk in and grab a roll, the United States Mint website offers a wide selection of newly minted coins available for purchase. They offer different options, from individual coins to bulk purchases.

  • Note: Shipping costs might make this less practical for just a few pennies, but it's a great option for larger quantities or specialized sets. You can get beautiful, mint-quality coins.

4. Self-Service Kiosks

Some banks and businesses with self-service kiosks for cash transactions may dispense new or newer pennies. While not a guaranteed method, it's worth checking if you have access to such a machine. It's a less predictable method. It may offer a few new coins, but it's not a consistent source.

Tips for Finding New Pennies:

  • Be Polite and Persistent: Don't be afraid to ask bank tellers or coin dealers about the possibility of new pennies. A friendly approach often yields good results. Be courteous; it goes a long way.
  • Check Regularly: If your local bank doesn't have any right now, check back periodically. They regularly receive shipments. Consistency is key.
  • Consider Online Options: Numerous online retailers specialize in selling rolls of uncirculated coins. But be careful. Some online sources may be overpriced or unreliable. Research the seller carefully.

Conclusion

Finding new pennies might require a bit of legwork, but with a little patience and these tips, you'll increase your chances of success. Whether for collecting, crafts, or simply the joy of handling pristine coins, the hunt itself can be just as rewarding as finding the perfect, shiny pennies. Happy hunting!

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