Ding Ding Ding.. we have a winner! A full and complete answer. I thought I would catch folks on the bonus question. The coinage act of 1965 remonetized all previously issued US coins. I have met David Lange.. really nice guy, serious researcher, and a great writer.
Prize: One Indian Head Cent in higher grade.. to be delivered next week. This way you know exactly what you are looking for in all those CWR's.
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
I'm gonna veer even further off topic, but I read your question and it made me think of something I read the other day about foreign coinage being used in the early US. This was adapted from stuff I found on the mint website. Check it out here: You must be logged in to see this link.