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Worth It To Save Zinc Pennies? (Cdn Collector)

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First Page  Showing last 15 replies.
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Pillar of the Community
United States
4897 Posts
 Posted 08/04/2012  3:25 pm  Show Profile   Bookmark this reply Add amida17 to your friends list
To CCF!

I cant speak in regard to the future metal value of zinc.

But It is worthwhile to save BU examples of 1982-1988 zincolns. These, I believe, will out pace copper values of pre 1982 cents.
Pillar of the Community
United States
2077 Posts
 Posted 08/04/2012  4:05 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list
I think zinc LMCs will be in circulation for quite a while if they don't all disintegrate first. You probably are safe in holding off for a while.
Pillar of the Community
United States
4132 Posts
 Posted 08/04/2012  4:31 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
No way. You will be able to get zinc pennies for face value for a long time. The only reason copper ones are worth saving for bullion value (and even that is debatable) is because they're disappearing from circulation.

I agree that high grade examples with no plating bubbling, particularly the early years, will have some numismatic value.
Valued Member
Canada
202 Posts
 Posted 08/04/2012  5:07 pm  Show Profile   Bookmark this reply Add darcyrmt to your friends list
@amida17, what is special about the 1982-88 coins? I know they are the first zinc ones, but is there something such as they were "constructed" better?
Pillar of the Community
United States
4897 Posts
 Posted 08/04/2012  5:12 pm  Show Profile   Bookmark this reply Add amida17 to your friends list
@darcy...quite the opposite they were poorly made. Many have already rotted away. High grade/problem free ones are difficult to find.
Valued Member
Canada
135 Posts
 Posted 08/04/2012  5:19 pm  Show Profile   Bookmark this reply Add Sixthcents to your friends list
I would save good examples of the crappy, non copper Canadian pennies. (Zinc or Steel)
Not for the metal, but for the potential numismatic value.

From the collector point of view, once the destruction starts, coins from the last decade will become scarce rather quickly while older pennies will be coming out of the wood work for years down the road.
Pillar of the Community
United States
1770 Posts
 Posted 08/04/2012  7:28 pm  Show Profile   Bookmark this reply Add M0nks to your friends list
ive saved a 5 gallon container of the early zinc yrs (still mostly uncirculated) actually did it by accident when I used to separate the zincs and coppers back in the early 80s and only recently discovered it so ill basically hold on to those
Bedrock of the Community
13014 Posts
 Posted 08/04/2012  7:35 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
Cant hurt. Especially for people in the US worse case you end up with face value which is hopefully what you paid for them
Pillar of the Community
United States
965 Posts
 Posted 08/05/2012  12:20 pm  Show Profile   Bookmark this reply Add 1967Canadapenny to your friends list
i don't think its worth it to save zinc. Hope it helps!
Pillar of the Community
United States
543 Posts
 Posted 08/05/2012  1:04 pm  Show Profile   Bookmark this reply Add wulffy11 to your friends list
Kind of like BadThad does, I save zinc in high grade (LMCs) I get excited when I see Zincolns from the 1980s still in good shape with luster. I don't think the zinc itself will be worth anything like copper, even though the two are nonrenewable resources. Because of how many cents are corroded when I search through boxes, zincs in high grade seem like a treasure. There will probably be a payoff for those before zinc eventually shoots up in value.
Bedrock of the Community
United States
20753 Posts
 Posted 08/05/2012  2:18 pm  Show Profile   Bookmark this reply Add just carl to your friends list

The answer is YES.
And for many reasons too.
1. Zinc could eventually be found to be a metal that can be trasformed into Gold.
2. Zinc could eventually be found to cure the Common Cold.
3. They are still required to complete an Album of Lincoln Cents.
4. If you look carefully, there are some that are worth a lot of money. And don't forget the 72 and 95 Doubled Dies.
5. Watch for that 83 Copper one too.
6. They make fantastic shining items for inside a paper weight.
7. The more you take out of circulation, the more mine will be worth.
Eventually Canada and Mexico will be annexed into the USA. Canada will be the largest State and you'll all have to start using Penniese again anyway.
Valued Member
United States
350 Posts
 Posted 08/05/2012  5:43 pm  Show Profile   Bookmark this reply Add jdbarrick to your friends list
Hang on to the copper. I would have little hesitation letting the Zinc go...
Pillar of the Community
United States
4897 Posts
 Posted 08/05/2012  5:49 pm  Show Profile   Bookmark this reply Add amida17 to your friends list



Quote:
Zinc could eventually be found to cure the Common Cold.


http://healthland.time.com/2012/05/...at-it-works/

Bedrock of the Community
United States
20753 Posts
 Posted 08/06/2012  10:07 am  Show Profile   Bookmark this reply Add just carl to your friends list


SEE. One of my suggestions is already in use.
Glad I didn't say Arsenic for the common cold.
Valued Member
Canada
202 Posts
 Posted 08/09/2012  02:57 am  Show Profile   Bookmark this reply Add darcyrmt to your friends list
Ok, made the decision to let the US zinc go, just added them to the coins to bring down on our next trip to Vegas, but I will hold on to the great versions btw 1982-88 as suggested..
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