Copper Hoarding

I had a guy who would buy all of my copper for a fair price.

I have not head form him in 6 months and I am currently sitting on 250lbs of copper.

While I still separate it while roll hunting I think there may be a time where I will have to cash it in for face value of I can't find a buyer.

I used to actively hunt for copper cents and still keep the ones I come across, simply because I'm already checking for wheats/WAMs etc. and it's no extra effort for me. I stopped trying to keep track of value years ago... I have a ~4 gallon pretzel barrel so full that I can barely lift it.

The issue with copper cents is that even at 2-3 cents each, it's barely worthwhile to keep them from change and hard to justify spending any real time on the hobby. I fully expect to give them to my kids or grandkids when they become a novelty. Personally I don't see the point in trying to sell them--after shipping costs and the like, I'd see enough of a profit to take my wife and kids out to Olive Garden... maybe twice. If profit was my main concern, it pains me to say that my wife could save more through extreme couponing in a month than I could from a year of pulling copper at face value.

So, any copper cents you pull will probably go to the heirs to your estate. Do they really want 1,000 pounds of mucky copper cents to try to get rid of? Most of the "bulk wheat cents by the pound" websites and ebay listings claim to come from a "crazy old man who had $5,000 face in pennies in an oil drum".

Now there's a thought... I have an oil drum and my wife and kids call me a crazy old man.
Better start collecting pennies I guess.

I just filled my 5 gallon bucket full of coppers. Time to start another bucket!

@Danhelmick98

Take those pennies into the bank and cash them in and buy silver. At this price you can't lose. You can always collect more copper pennies, Silver may skyrocket in the near future. Plus it is lighter (I filled 3 (5)gallon water jugs, I know how heavy they are) Just a suggestion.

I agree w mr click. I sell my coppers to buy valuable coins or mostly silver

Hmmm.. Well.. What was your reason for buying 3 $50 boxes of pennies in the first place? Did you just walk into the bank and say "I'd like $150.00 in pennies please"