Looking For Your General Thoughts On Copper Pennies

Been there, done that, have a very torn and worthless T-shirt. Try it sometime. You may get a buyer(aka. Sucker) on Craplist or one of the local sales IP outlets....eventually....after a year's worth effort. Is that worth $50(quite unreasonable since can buy from PM Outlets for less) really worth the time and effort, wasn't to me. Mine like I said were handpicked from 750,000 CRH cents and XF+'s. So yea, used that $100 to buy auction lots of foreign silver, flipped a worn $.50 Canadian Vickie for $100 from a $7.50 investment! What's $100 of lower grades really worth?

And BTW, even if these lots were"unsearched", just how much chance of fining a worthwhile flip coin is there. Most of these, unless just milked from distribution centers, are at least cursorily surveyed for minor errors, clips, blanks, offsets, those easily naked-eye seen errors. Some like mine were scoped for RPM/DDO / DDR's as well.

You really have to be just into hoarding copper to save a coin, just not enough intrinsic value not prospective chance of any to me. Even silver coins can fit this same
category. Take silver nickels, has more silver in 10 cents that a quarter but would cost more to refine for silver than would a quarter after all said and done.

If you're already CRH'ing and separate the coppers... if you can get 1.5 cent for them selling 'em in bulk... good on ya and fill yer boots!

That won't be the motivating factor for me to CRH though.. it would be a perk of doing something you already enjoy.

I strongly encourage you to do exactly what you are doing since the activity is relaxing and highly educational. It can also be very satisfying when you complete a collection after months or years of hard work.

But you might be interested to know that pennies have an exceedingly low turnover so they aren't getting worn out and high grade coins might sit in a jar for 40 years. It's not at all unusual to find old BU cents in circulation.

This is far less true of other denominations. The mint rotates their coin stocks and many coins (especially dimes and quarter) rarely sit for more than a couple years. This means they are all getting worn out very evenly and finding nice VF or AU examples is much more difficult and potentially more rewarding financially.

Whatever you do I wouldn't stop what I enjoy but you might consider adding other denominations like nickels, dimes, or quarters to your searches/ collections. With some of these other series you'll have less competition as well. Perhaps the least competitive area with the highest attrition is dimes now days.