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Is It Worthwhile To Hoard Copper Pennies?

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Valued Member
United States
397 Posts
 Posted 02/10/2023  12:57 am  Show Profile   Bookmark this reply Add AllSeasons to your friends list Get a Link to this Reply
OK, my fellow forum peeps, I have officially hit 10,000 copper pennies. Or 10,462 to be more exact, including Wheaties, Canadians, Indian Head cents, and a German 2 cent. Yes, I'm OCD enough to keep a spreadsheet, or we'll just call that detail-oriented ...

Now I just need to replicate that 29 more times to catch up to nss-52's current total

Cheers!
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twslisa's Avatar
United States
790 Posts
 Posted 02/10/2023  1:31 pm  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
I hold onto them because my Grandpa said I should. I know his reasoning went out the window when the law against melting them passed, but I'm super sentimental.

Up to recently, though, I haven't been all that diligent about it—that's changed, plus I'm occasionally asking for penny rolls at the bank (not boxes, just whatever they can spare). At some point I may end up with so many I have to rethink.
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jbuck's Avatar
United States
188036 Posts
 Posted 02/11/2023  10:27 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
OK, my fellow forum peeps, I have officially hit 10,000 copper pennies.
Congratulations!
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datadragon's Avatar
United States
1648 Posts
 Posted 03/22/2023  11:35 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
The European metals sector welcomed a move by the EU on Thursday to include copper and nickel as strategic materials for the first time. The Critical Raw Materials Act (CRMA) unveiled by the European Union adds the two major industrial metals to a list that had previously focused on more niche minerals such as cobalt, lithium and rare earths. Copper is used in renewable energy systems and for wiring in electric vehicles (EVs) while nickel is a major component in many EV batteries.

The VDM Association of German Metal Traders and Recyclers was among those pushing for aluminium and zinc to be included.

Hastening the future loss of coinage, or increasing its potential later value such as in copper pennies or nickels?

https://copperalliance.org/wp-conte...ials-Act.pdf
https://www.mining.com/web/eu-tags-...-wants-more/
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Curly82ABN's Avatar
United States
177 Posts
 Posted 03/23/2023  07:08 am  Show Profile   Bookmark this reply Add Curly82ABN to your friends list Get a Link to this Reply
This has been one of the most interesting reads by far!
Thank you very much for beginning this thread AllSeasons. From one OCD to the other, never have enough spreadsheets. LOLOL
Keep searching and hoarding. Looking forward to hearing of your next .
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ijn1944's Avatar
United States
19138 Posts
 Posted 03/23/2023  07:54 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Wish I could hoard 1965 Ford Mustangs...
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Raised on rock's Avatar
United States
634 Posts
 Posted 03/23/2023  08:52 am  Show Profile   Bookmark this reply Add Raised on rock to your friends list Get a Link to this Reply
I had 2 - 10 gallon milk cans full of pre 1982 pennies that I sorted over 45 years. Returned them to the bank, used to take the wife on a trip.
Valued Member
United States
397 Posts
 Posted 04/22/2023  7:26 pm  Show Profile   Bookmark this reply Add AllSeasons to your friends list Get a Link to this Reply
OK, I have now hit 20,030 copper cents, give or take a few, including Wheat cents, Canadians, IHCs, etc. I believe I hit 10k copper cents on 2/10, and today is 4/22, so it looks like I'm collecting 10k copper cents every 2.5 months. So if I want to collect 300k copper cents, at this rate, it would take me another 70 months, or 5.83 years, of non-stop collecting. So we'll see.

Cheers!
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/22/2023  7:35 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Exhausts me just thinking about it.
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CelticKnot's Avatar
United States
12817 Posts
 Posted 04/22/2023  11:16 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
That is a dizzying number.
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United States
2281 Posts
 Posted 04/22/2023  11:28 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
With the sheer amount of time you're wasting you can become an expert on a number of subjects.
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Dearborn's Avatar
United States
95423 Posts
 Posted 04/22/2023  11:35 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
I want to collect 300k copper cents

That is a lot of work for $3K, ain't it?
Edited by Dearborn
04/23/2023 08:38 am
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jbuck's Avatar
United States
188036 Posts
 Posted 04/23/2023  12:17 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Exhausts me just thinking about it.
Then do not think about it! You already knew what this topic was about, you did not have to view it when a new reply was posted.
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HondoB's Avatar
United States
25066 Posts
 Posted 04/23/2023  12:37 am  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Much better things could be done with those pennies - cash them in and buy something that has a better chance of appreciating in value. And isn't so heavy.
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB
04/23/2023 01:30 am
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Dearborn's Avatar
United States
95423 Posts
 Posted 04/23/2023  08:45 am  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
Much better things could be done with those pennies

Sure could - how about a table top? By using Red, Red Brown, and Brown cents.
Is-It-Worthwhile-To-Hoard-Copper-Pennies?
Edited by Dearborn
04/23/2023 08:46 am
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