Is Saving Pre 1982 Copper Lincoln Memorial Cent / LMC A Good Idea Or Not? - Page 4

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Author	Replies: 53 / Views: 7,393	Page: of 4

ram96 Valued Member United States 417 Posts	Posted 06/30/2012 07:34 am I will take a couple of boxes to the next local show. If someone is buying them I will let my grandson sell the and use the money for buying coins to fill holes in his books. Report this Post to the Staff
StashTreasure Valued Member United States 234 Posts	Posted 06/30/2012 08:06 am Finally I can fight my insomnia,make a few bucks. I wonder would the gov miss a few fuel drums full of em Report this Post to the Staff
stud722 Pillar of the Community United States 1088 Posts	Posted 06/30/2012 10:56 am The way I see it, if I save them and they go up...AWESOME! If I save them and they do not increase in value much, oh well no harm done. I Pull them out of circulation change I get. Put them in rolls and they store pretty easily and do not take up much room. Report this Post to the Staff
mfhorn Pillar of the Community United States 959 Posts	Posted 06/30/2012 12:34 pm Quote: I'm sitting on several hundreds of dollars worth, and counting. I don't go through rolls specifically to pull copper, but since I search for varieties I keep the copper. What can it hurt? If the world economy ever gets its act together, copper is one of the metals that will be in high demand! Nothing over face value invested anyway. Report this Post to the Staff
mfhorn Pillar of the Community United States 959 Posts	Posted 06/30/2012 12:45 pm Quote: ive been sitting on thousands of dollars worth of cents for many many yrs, theres literally no risk its money I dont really need right now only problem it basically takes away most of a room hahaha plus a filled closet With that much weight, I hope they are on the bottom most floor in your house, or the floor supported. I keep my stash in the basement. Report this Post to the Staff
52Raymo Pillar of the Community United States 8516 Posts	Posted 06/30/2012 2:55 pm Yeah, once you start hoarding copper you need to find a permanent place for that 5 gallon bucket, lol. Oregon coin geek.....* GO BEAVS ! ! ! * Report this Post to the Staff
amida17 Pillar of the Community United States 4897 Posts	Posted 06/30/2012 3:08 pm It seems that, in the long run, if I had "thousands" of dollars in copper cents they would be better invested and not hoarde. IMO Report this Post to the Staff
everything Valued Member United States 493 Posts	Posted 07/03/2012 9:48 pm Someday, once they are hoarded up, they will sell the same as 90% silver does now. Good for weighing down a safe. In currency collapse, they will still be an acceptable form of payment, just like 90% would. The reasons to keep some of these around are endless. They make good spacers, and crush washers as well, ok, that last one was a stretch :) Report this Post to the Staff
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Is Saving Pre 1982 Copper LMC A Good Idea Or Not?