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How Much Longer Will Copper Cents Be In Circulation ?

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Pillar of the Community
United States
958 Posts
 Posted 03/21/2011  03:39 am  Show Profile   Bookmark this reply Add coppertop5150 to your friends list
I save them ONLY BECUASE I'm LOOKING THROUGH THEM.

I roll search for doubleddied,rotated dies,wams' cam's and so on.

I would not collect or save them if it was just for copper content, I feel that will be a yo-yo ride.
Copper goes up people hoard copper. Copper goes down people dump copper back into circulation .

Being I am looking at them I have two buckets below my chair one on the right one on the left.
I examine the coin drop it in the zinc bucket or copper bucket when done.
Pillar of the Community
United States
3283 Posts
 Posted 03/21/2011  03:51 am  Show Profile   Bookmark this reply Add upstate to your friends list
I think I have a whole 3 pounds by now, so I'm pretty serious
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188952 Posts
 Posted 03/21/2011  3:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I am still keeping all of mine. Not for profit, but to save them from being melted.
Pillar of the Community
United States
1348 Posts
 Posted 03/21/2011  3:58 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list

Quote:
I was saving them but when I tried to sell/auction them here on CCF I had no takers so I had to dump $800 to several banks.Now I no longer save them.
John1

If you weren't asking double I would have bought some but I could get them on ebay for less
Valued Member
United States
201 Posts
 Posted 03/21/2011  4:55 pm  Show Profile   Bookmark this reply Add Merc Crazy to your friends list
I need to start moving my bulk copper cents, I have over 300 pounds at this point.
Valued Member
United States
335 Posts
 Posted 03/21/2011  9:59 pm  Show Profile   Bookmark this reply Add sandpaper to your friends list
I was attempting to balance the weight of firearms on my boat using those copper pennies. I must have overloaded or had a leak because the whole vessel sank as I hurried back to register the boat after forgetting to.
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United States
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 Posted 03/21/2011  10:25 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list

Quote:
Original post: How much longer will copper cents be in circulation ?


Answer to original posters question:

9 years 4 months 7 days and 17 hours.
This will be the time when the last American Copper Cent will be found in circulation......and it will be found in Ohio, by a 19 year old college student.

And also, the Zincoln Cent will go N.I.F.C. in exactly 11 years! .....

Edited by eaglefoot
03/22/2011 11:05 am
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 Posted 03/22/2011  10:43 am  Show Profile   Bookmark this reply Add jbuck to your friends list
I think you missed it by about six years.

But that is just my opinion.
Pillar of the Community
United States
6326 Posts
 Posted 03/22/2011  11:09 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list


There will be a new show on the Discover Channel about "Copper Hoarders", and it will start a prairie fire of enthusiasm for Copper searching that this country has never seen before....or thought possible.
This nationwide phenomena explosion will "hurry the end" of Copper being found in circulation forevermore ! ........
Rest in Peace
United States
9104 Posts
 Posted 03/22/2011  12:16 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list
You say that in jest, but one night, Johnny Carson has a throwaway joke about the military going to have a toilet paper shortage because no one bid on their contract.

Within 48 hours, there wasn't a roll of TP to be had. Little old ladies who didn't have 60 rolls in them were buying up shopping carts of it.
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 Posted 03/22/2011  2:12 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
That is like when store shelves are emptied of their bread and milk when snow or ice is forecast. Even those people that do not normally buy bread or milk are caught up in the hysteria. It is quite amusing.
Valued Member
United States
439 Posts
 Posted 03/22/2011  3:08 pm  Show Profile   Bookmark this reply Add monkeyman67 to your friends list
What do you think would happen if the Mint decided to eliminate the penny from circulation?
The extra 7 billion cents minted each year would stop, the mint would take back the pennies from the banks,
and what would be left? The ones in the buckets under the table. Makes you think.
I think this is getting closer to becoming a reality. Do all of the cents double overnight?
Hmmmmm makes you wonder.
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 Posted 03/22/2011  4:10 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I think the mint should quietly quit making them, since most people just waste them now. Orders from the fed should be ignored by the mint. Eventually, orders from the banks would be ignored by the fed. Do not announce it, just do it.

Eventually the supply will dry up and most people will continue to care less. I still believe businesses would rather round cash totals down than create a fuss with their cash customers (the same customers that prevent a percentage of their transaction from going to the card processor).

People only care when you tell them you are taking something away. If something as (generally) unwanted as the cent just quietly disappeared, would anyone (besides those of us on forums like this) make a fuss?
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 Posted 03/22/2011  5:05 pm  Show Profile   Bookmark this reply Add Brucec to your friends list
Have about $150.00 to $180.00 of them now.
Edited by Brucec
03/22/2011 5:06 pm
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9104 Posts
 Posted 03/23/2011  12:05 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
Used to have the little tray, with a new version sign:

Got a penny?
Leave a penny.
Need a penny?
Get a job!
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