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Copper Hoarding?

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Pillar of the Community
KurtS's Avatar
United States
5318 Posts
 Posted 04/04/2008  2:30 pm Show Profile   Bookmark this topic Add KurtS to your friends list Get a Link to this Message Number of Subscribers
For those of you who search bank boxes, have you noticed a trend towards copper hoarding? The reason I ask--I just went through a whole box and did not find a single pre-'82 copper Lincoln. These must be getting mechanically separated by weight.

On the other hand, it sure helped me focus on finding a '92-D Close AM (but no luck as of yet, lol)
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eaglefoot's Avatar
United States
6326 Posts
 Posted 04/04/2008  2:46 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Well, actually I just ordered my FIRST box of pennies from my bank that will come from the Fed Res.....so .......I'll let ya know !!
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KurtS's Avatar
United States
5318 Posts
 Posted 04/04/2008  2:47 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
eagle, if that box is coming from a Fed branch, it's going to be all cu/zinc, right?
Valued Member
United States
58 Posts
 Posted 04/04/2008  2:56 pm  Show Profile   Bookmark this reply Add sgtbob to your friends list Get a Link to this Reply
I still get pre 82's in change on a regular basis in Ohio
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amac44's Avatar
United States
3242 Posts
 Posted 04/04/2008  3:00 pm  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
I had a bank rep that I get most of bu $1-.01 cents rolls from that the Fed has them send customer rolled cent to a fed sorting place outside Atlanta so they can pull the copper cent out for the 2009 to help lower the cost!cut all the pork belly spending I say & cut there pay that would be a 1st thing I would do
so I am pulling all copper I can the fed will clean them out!
all new or young collector has to buy them now.D#m shame that you will have to buy an VF 1968 for .50 cent or more if the Fed clean out all the copper coins
Valued Member
lucifer's Avatar
United States
189 Posts
 Posted 04/04/2008  4:04 pm  Show Profile   Bookmark this reply Add lucifer to your friends list Get a Link to this Reply
I just ordered 6 boxes from my bank. Even if I don't get to them till a year from now I wanted to get them while there is still copper circulating.
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jbuck's Avatar
United States
187581 Posts
 Posted 04/04/2008  4:12 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I keep every Pre-1983 I get in change. I examine the 1982's later, of course.

I have no intention of melting them, legal or not. Actually, on the contrary, I am hoarding them for the time when they become scarce after the inevitable melting frenzy!
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KurtS's Avatar
United States
5318 Posts
 Posted 04/04/2008  4:19 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
jbuck, yeah...LOL. I'll wait for the inevitable refined "copper bullion" and get them for spot price if it ever comes to that!
Copper is a cool metal, but I'm not going to waste my time with hoarding.
Give me one 1999-S Close AM Lincoln over bags full of copper cents!
Valued Member
homiegrubbs's Avatar
United States
201 Posts
 Posted 04/04/2008  4:47 pm  Show Profile   Bookmark this reply Add homiegrubbs to your friends list Get a Link to this Reply
I keep all pre 83 cents from bank boxes and $50.00 bags from star tellers at grocery stores. The employees are more than glad to sell them to me and handle cash instead of heavy bags of cents. I've found serval wheaties but no varieties.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 04/04/2008  5:05 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
KurtS..........
___________________________________________________________________________
Quote:
eagle, if that box is coming from a Fed branch, it's going to be all cu/zinc, right?
___________________________________________________________________________

Actually Kurt......I'm hoping they'll be all brand new shiny 2008 edition rolls!....
Edited by eaglefoot
04/04/2008 5:06 pm
Valued Member
GFR3's Avatar
United States
473 Posts
 Posted 04/04/2008  5:37 pm  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
Yea, seems like the FEDS are melting them down, and at the same time telling us we can't! Talk about hypocrisy...
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arthrene's Avatar
United States
1713 Posts
 Posted 04/04/2008  5:46 pm  Show Profile   Bookmark this reply Add arthrene to your friends list Get a Link to this Reply
I haven't had any trouble finding copper cents. I picked up another box today. Maybe if I get motivated enough I'll count up the copper to zinc ratio.
Valued Member
OneMoreRoll's Avatar
United States
228 Posts
 Posted 04/04/2008  6:12 pm  Show Profile   Bookmark this reply Add OneMoreRoll to your friends list Get a Link to this Reply
im actually starting to keep all of my copper cents. Never know when it will be time to sell.
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GFR3's Avatar
United States
473 Posts
 Posted 04/04/2008  6:27 pm  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
I recommend holding on to them even after its legal for us peasants to melt them. After a "Great Melt", all the survivers, expecially does in nice shape, will be pretty rare. Then sell them
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 04/04/2008  6:56 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
I haven't had much time to go thru pennies, but when I do I have been getting about 10-15 or so coppers per roll on average. Based on what I'm reading here, I'd better pick up the pace with pennies (but I'm too busy with nickels and halves!!)
Valued Member
toniblab's Avatar
United States
336 Posts
 Posted 04/04/2008  11:45 pm  Show Profile   Bookmark this reply Add toniblab to your friends list Get a Link to this Reply
it will take a long time for the copper penny leaves cir.there is only 150,000,000,000 of them
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