Start Hoarding Lincoln Memorials? - Page 3

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Author	Replies: 36 / Views: 4,299	Page: of 3

IndianGoldEagle Bedrock of the Community United States 36782 Posts	Posted 06/13/2012 11:20 am it's money I don't miss and I don't have to roll it to take to the bank. I don't see any difference between trading in bags of pre-82 cents than I do in trading in bags of Wheat Cents, they both weigh the same and if you have a hoard need a pick-up truck to move them. I felt the same way when I bought my first bag of $1000 face 90% back in 1979. Bags of anything are heavy and bulky. I'm not recommending everyone run out and put their life savings in copper cents, I just don't see anything wrong with holding those you get now because they do have more value than just face. Report this Post to the Staff
enworb Pillar of the Community Australia 4411 Posts	Posted 06/13/2012 11:28 am There's nothing wrong with hoarding copper cents but the OP is suggesting withdrawing unsorted coins, the majority of which are likely to be worthless zincs. Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 06/13/2012 11:50 am Yes but you know all coin has some value at least! Paper has none. Any coin is really easy to keep and not miss but you still have the $$! Report this Post to the Staff
akane17 Valued Member United States 404 Posts	Posted 06/13/2012 12:49 pm Quote: Yes but you know all coin has some value at least! Paper has none. Any coin is really easy to keep and not miss but you still have the $$! My Unc. silver and gold notes say differently. Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 06/13/2012 1:13 pm Yes they do! Still can't convert to wha they say though! I'm talking of todays fiat worthless paper Report this Post to the Staff
greenprint Valued Member United States 477 Posts	Posted 06/15/2012 06:53 am Well "unsearched" rolls of wheat pennies sell for like 3 dollars, why not hoard rolls today and then in 40 years sell them for a premium, if you did this in the 1950s you would of made some profit, although perhaps it would of been beneficial to put it in the bank at that point, however I agree that the american dollar is decreasing in value, and will continue to do so, making any material investment probably a better idea. I agree that we are eventually going to have to cancel out the debt, as we are never going to have pay it off. By then it will be Americans taking a wheel barrow to the grocery store of USD to buy a loaf of bread lol Report this Post to the Staff
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