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Replies: 34 / Views: 5,993 |
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Pillar of the Community
United States
958 Posts |
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.
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Pillar of the Community
United States
3283 Posts |
I think I have a whole 3 pounds by now, so I'm pretty serious
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Moderator
 United States
188952 Posts |
I am still keeping all of mine. Not for profit, but to save them from being melted. 
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Pillar of the Community
United States
1348 Posts |
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
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Valued Member
United States
201 Posts |
I need to start moving my bulk copper cents, I have over 300 pounds at this point.
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Valued Member
United States
335 Posts |
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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Pillar of the Community
United States
6326 Posts |
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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Moderator
 United States
188952 Posts |
I think you missed it by about six years.  But that is just my opinion.
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Pillar of the Community
United States
6326 Posts |
 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 ! ........ 
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Rest in Peace
United States
9104 Posts |
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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Moderator
 United States
188952 Posts |
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.
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Valued Member
United States
439 Posts |
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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Moderator
 United States
188952 Posts |
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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Pillar of the Community
United States
1026 Posts |
Have about $150.00 to $180.00 of them now.
Edited by Brucec 03/22/2011 5:06 pm
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Rest in Peace
United States
9104 Posts |
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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Replies: 34 / Views: 5,993 |
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