“The value is in the uniqueness,” Reyes told KTLA, and taking less than their full value would go against the ideals of his father-in-law. Reyes has received piecemeal offers but no offers to take the pennies completely out of their hands. “We didn’t want to pay 8%, and there’s no way we can take these all the way to (Ontario, California).”Īfter months of struggling to find a bank that would take that many pennies, Reyes listed the coins on OfferUp, a popular resale app and website, asking for $25,000. Copper Copper Bullion Rounds, Bars & Pennies at the Lowest Price Should You Buy Copper Bullion Its the Metal for the Times You Can’t Build Infrastructure or Electric Vehicles without Copper You Can Still Buy Copper at Near Absolute Melt Value PLUS Gleaming 1 oz.
“‘We’ve got to take these to Coinstar,'” Reyes recalled thinking at the time, but they quickly changed their minds. They weighed the bags to determine how much each bag contained and came to an estimate: at least 1 million pennies. The family members confirmed the pennies were copper and not zinc, which the United States switched to in 1982. UFO? Las Vegas police investigate aliens-in-backyard report after officer spots flying object Reyes said the family was in disbelief at what they were looking at.Īrrested at border: GPS error leads to 60-year-old American's arrest at Canada border with 400 pounds of marijuana They first spotted some loose pennies, which led to boxes, which eventually led to the discovery of dozens of bank bags filled with the coins. “They kept everything,” Reyes told KTLA, adding that it’s taken several years with their busy schedules to get the place clean and ready for renovations.
Elizabeth's father, Fritz, and his brother, both German immigrants, lived in the house for decades until Fritz died and his brother moved away. Reyes and his wife, Elizabeth, along with her sister, her cousin and their spouses, have been cleaning out the home with plans to renovate it. The pennies were found in a crawlspace in the basement while the family was cleaning out the home in Los Angeles' Pico-Union neighborhood, according to KTLA. That's the question facing John Reyes and his wife after a discovery they made in her father's former home in Los Angeles. What would you do with 1 million pennies?
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