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Is Saving Pre 1982 Copper LMC A Good Idea Or Not?

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jwguts's Avatar
United States
256 Posts
 Posted 05/13/2012  02:01 am  Show Profile   Bookmark this reply Add jwguts to your friends list Get a Link to this Reply
Hmmm, so next trip to Canada, I cart my copper pennies with me, and sell them there for a decent profit?
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MercuryDime's Avatar
Canada
262 Posts
 Posted 05/13/2012  1:24 pm  Show Profile   Bookmark this reply Add MercuryDime to your friends list Get a Link to this Reply
If that trip is before the fall of course when the penny dies
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jbuck's Avatar
United States
188440 Posts
 Posted 05/14/2012  2:39 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Hmmm, so next trip to Canada, I cart my copper pennies with me, and sell them there for a decent profit?
Maybe, if you can get them across the border. Legally, you cannot.
Valued Member
United States
90 Posts
 Posted 05/17/2012  8:44 pm  Show Profile   Bookmark this reply Add ant024 to your friends list Get a Link to this Reply
Does everyone just go to the bank and buy $25 boxes and sort them?
1. Do you call in advance
2. What If you get box full of new ones?
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Spider5689's Avatar
United States
2269 Posts
 Posted 05/17/2012  10:22 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I haven't asked for any rolls at the bank lately.
Anytime, I did get them from the bank, they were quite abundant and readily available.

Unfortunately getting new ones is possible, but you can always return them to another bank and get another box of $25.00.
Valued Member
United States
90 Posts
 Posted 06/28/2012  10:31 pm  Show Profile   Bookmark this reply Add ant024 to your friends list Get a Link to this Reply
Got my 1st 2 boxes too sort. Maybe a stupid question but how can you tell which 1982 pennies is 95% copper.

Also I read earlier about sorting for rarities what other types should I be looking for since I'm going through these any way to just save copper ones.

Thanks. I will update after I finish a box and give % of copper from box.
New Member
United States
19 Posts
 Posted 06/28/2012  11:24 pm  Show Profile   Bookmark this reply Add digitect to your friends list Get a Link to this Reply
I save all 1982 pennies. Between large/small date varieties and copper/zinc varieties, there are four different possibilities just for Philadelphia. Denver has three (no LD Zinc). Plus DDOs. 1982-P LD Copper is typical, but everything else is uncommon.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 06/29/2012  12:04 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply

Quote:
how can you tell which 1982 pennies is 95% copper?


You weigh them individually, the 95% copper cents weigh 3.11 grams and the copper plated zinc cents weigh 2.5 grams.

Ed
ANA LM-3175
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ghostrider's Avatar
United States
1116 Posts
 Posted 06/29/2012  12:18 am  Show Profile   Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
I weigh 1982 pennies and I find that there is not a clean break between what a copper and zinc penny weighs in at.

Anything above 3.0 grams on my scale I consider copper, and anything 2.9 or less I consider zinc. I realize that I may be consigning a 2.8 gram copper coin to the zinc pile but maybe I should be drawing the line a little closer to the 2.8 line. After all some copper may have been rubber off but then again maybe the copper mixture in the zinc penny could have been a little greater.

I still consider penny sorting to be worthwhile especially when watching the news and the nights I can't sleep. It beats drinking.

{edit} I also keep all 1982's just segregate the copper from the zinc. You can get an inexpensive scale that weighs grams rather cheaply from either Harbor Freight or Northern Freight. I can't keep the two straight. Anyway it's Chinese made but it works.
Edited by ghostrider
06/29/2012 12:21 am
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amida17's Avatar
United States
4897 Posts
 Posted 06/29/2012  12:23 am  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
If you are just after copper only keep 1981 and before. If, however, you want to collect cents, hang out here and search the forums for what varieties to look for. There are far too many to be listed or learned in one thread.


Have fun hunting!
New Member
royscoins's Avatar
United States
30 Posts
 Posted 06/29/2012  03:57 am  Show Profile   Bookmark this reply Add royscoins to your friends list Get a Link to this Reply
you could always by a scale and separate the 82 copper 3.11 from the 82 zinc 2.4 grams.
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wquinn's Avatar
United States
2295 Posts
 Posted 06/29/2012  08:57 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
The best way to tell the copper from the zinc, is to build a balance with a popsicle stick and glue it to a pencil. And put a copper cent on one end. If it balances, then the other cent is copper. If not, then it is zinc.

Just make sure the popsicle stick is in the middle of it, when glued to the pencil. Otherwise it won't balance correctly.
Valued Member
United States
90 Posts
 Posted 06/29/2012  11:11 am  Show Profile   Bookmark this reply Add ant024 to your friends list Get a Link to this Reply
Thanks for all the help
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RealMetal's Avatar
United States
76 Posts
 Posted 06/29/2012  12:02 pm  Show Profile   Bookmark this reply Add RealMetal to your friends list Get a Link to this Reply
I keep all my 1982 pennies separate from my other stash. Someday when I get around to it (maybe in retirement and copper is $30/lb!) and don't have anything else to do I will sort those out and keep the copper ones.

Other CCF members might laugh at me but I do believe that someday (hopefully when I reach retirement age) even zinc pennies will be worth what copper pennies are worth today just for the value of the zinc. More if the zinc pennies are in pristine condition.
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 06/29/2012  4:29 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
Probably wouldn't make it a significant part of your retirement portfolio. Besides just the copper value, I'd think inflation would exceed the numismatic value for at least a decade. I'd say only save them if they are AU.
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