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Replies: 34 / Views: 5,990 |
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Valued Member
 United States
442 Posts |
Thanks Hockingzig for your kind gesture let the lord be with them .
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Valued Member
 United States
442 Posts |
Thanks Hockingzig for your kind gesture let the lord be with them .
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Rest in Peace
United States
9104 Posts |
Quote: I have one of those 1980's crayon banks and just throw it in there. If it ever got full I might think of doing something else. No worries, it should split the seam long before it gets full.
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Rest in Peace
United States
9104 Posts |
Quote: . By my calculations that means £1,000 of pennies and 2p's is worth £1,480. But that means a lot of gathering up. A 48% premium is nice, but the whole concept doesn't scale. If you have steady access to huge quantities, and some sort of lorry to move them, then there is some profit, but holding on to tonnes of copper coins until the price of copper doubles just is not practical. The real money is to get them and sell the storage problem to someone else. Even if you only clear 10% a week, in a quarter, you more than double your money, even if copper prices fall. It might be years before copper doubles.
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Pillar of the Community
United States
958 Posts |
I save them ONLY BECUASE I'm LOOKING THROUGH THEM.
I roll search for doubleddied,rotated dies,wams' cam's and so on.
I would not collect or save them if it was just for copper content, I feel that will be a yo-yo ride. Copper goes up people hoard copper. Copper goes down people dump copper back into circulation .
Being I am looking at them I have two buckets below my chair one on the right one on the left. I examine the coin drop it in the zinc bucket or copper bucket when done.
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Pillar of the Community
United States
3283 Posts |
I think I have a whole 3 pounds by now, so I'm pretty serious
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Moderator
 United States
188952 Posts |
I am still keeping all of mine. Not for profit, but to save them from being melted. 
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Pillar of the Community
United States
1348 Posts |
Quote: I was saving them but when I tried to sell/auction them here on CCF I had no takers so I had to dump $800 to several banks.Now I no longer save them. John1 If you weren't asking double I would have bought some but I could get them on ebay for less
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Valued Member
United States
201 Posts |
I need to start moving my bulk copper cents, I have over 300 pounds at this point.
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Valued Member
United States
335 Posts |
I was attempting to balance the weight of firearms on my boat using those copper pennies. I must have overloaded or had a leak because the whole vessel sank as I hurried back to register the boat after forgetting to.
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Pillar of the Community
United States
6326 Posts |
Quote: Original post: How much longer will copper cents be in circulation ? Answer to original posters question:9 years 4 months 7 days and 17 hours. This will be the time when the last American Copper Cent will be found in circulation......and it will be found in Ohio, by a 19 year old college student. And also, the Zincoln Cent will go N.I.F.C. in exactly 11 years! ..... 
Edited by eaglefoot 03/22/2011 11:05 am
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Moderator
 United States
188952 Posts |
I think you missed it by about six years.  But that is just my opinion.
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Pillar of the Community
United States
6326 Posts |
 There will be a new show on the Discover Channel about " Copper Hoarders", and it will start a prairie fire of enthusiasm for Copper searching that this country has never seen before....or thought possible. This nationwide phenomena explosion will "hurry the end" of Copper being found in circulation forevermore ! ........ 
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Rest in Peace
United States
9104 Posts |
You say that in jest, but one night, Johnny Carson has a throwaway joke about the military going to have a toilet paper shortage because no one bid on their contract.
Within 48 hours, there wasn't a roll of TP to be had. Little old ladies who didn't have 60 rolls in them were buying up shopping carts of it.
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Moderator
 United States
188952 Posts |
That is like when store shelves are emptied of their bread and milk when snow or ice is forecast. Even those people that do not normally buy bread or milk are caught up in the hysteria. It is quite amusing.
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Replies: 34 / Views: 5,990 |