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 Replies: 13 / Views: 1,842 |
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Valued Member
United States
314 Posts |
I just searched two bank boxs from an bank in conroe texas. I bought two bank boxs that the pennys were wraped in clear plastic tubes. In boxs I found an grand totol of 8 pre 1981 copper pennys. They were all zinc junk pennys in boxs. In boxs in soulth texas I always found over 4 or 5 dollers worth of pre 1981 copper aslong with an few wheat pennys. I am afraid the us goverment may be removing the copper pennys from bank boxs like in 1966 thru 1968 when they pulled pre 1964 silver dimes and quarters from bank boxs.
Has anyone esle had this happen and does anybody know if coin rolling companys are pulling all pre 1981 copper pennys from circulation ? Or was this freak deal on those boxs I searched and onley found 8 pre 81 copper pennys.
These boxs were not coin wrap inc coins boxs. I never seen an copper free box before those two boxs after searching boxs on pennys for over an year or so. It looks like my penny folders will not finished since I need old stuff for them. Its no fun and dont have an clue on what happened and why I found onley 8 pennys totol out the 5000 pennys looked at.
Chevrolet454ss
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Pillar of the Community
United States
615 Posts |
Jackson Metals dumped most of their zinc around the country. What was the date on the boxes?
You might have gotten one of their dumps. There a lot of people pulling the copper. Look at the Real Cent Forums. You could have gotten one of their dumps. They are going through 1000s of cent a week (maybe a day).
-SFWUSC
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Valued Member
 United States
314 Posts |
On boxs they were no date on them like cwi boxs. I am member of real cent forum and I hoard copper like those guys do.
I amazed about Jackson metals. They are Ohio and thought there was an melt ban in place where jackson metals can not melt down pennys or has ban no longer in effect.
In boxs I think they wraped in last few monlths since I found tons of 2008 denver pennys and maybe 7 2008 philly pennys in there. I am amazed all that copper was gone. There were tons au/bu zinc pennys all years old and new in there. Some perfect looking 1990 or 80 something zincs in there.
chevrolet454ss
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Valued Member
United States
67 Posts |
I had the same thing happen to me a couple of weeks ago; whole box, no copper. I went to get another and it was all 2007 D unc. I had better luck this week with a box producing 10 wheats, about 30% copper and one 1946 Canadian.
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Pillar of the Community
United States
560 Posts |
The five boxes I've done this year have all had copper in them. I'm a long way away from Jackson Metals and their dump banks - maybe you're close enough to pick up their stuff. Or it could be that what we're seeing is the effect of the Fed pulling all the copper from circulation in advance of the 2009 Lincoln. Aren't some supposed to be minted in copper? They could take copper out of circulation for less than melt, melt them down (they are the gov't), and put them back into circulation. Just speculating - it is the government and they may be perfectly happy minting a coin worth far more than face value  |
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Valued Member
United States
486 Posts |
I got a bogus box last week. It was my first wrapped in plastic which is a technology no home-based CRH's have. -PP
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Pillar of the Community
United States
891 Posts |
The last box I got was about 4 months ago. Not a big box hunter. But I do like to look every once in a while. It didn't have any copper cents in it. All zinc. I'm here in North Carolina.
With the metal prices the way they are it will just be a mater of time where we will not find many if any at all. This series is getting strip mined to death.
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Valued Member
United States
169 Posts |
I don't know how the government could pull copper coins from circulation. The only way the federal reserve would have copper cents, is if their member banks sent them back from their customers, and from what I've always heard, there's a shortage of cents in commerce, not a surplus.
The real reason for the declining number of copper cents in circulation is probably a combination of individuals who ARE hoarding the cents and also to the fact that copper cents haven't been made in over 25 years. That's 25 years times however many billions of cents they make per year currently in circulation. I think it's just a numbers game. It's like the declining number of wheat cents in circulation. Collectors + time = very few wheaties.
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Pillar of the Community
United States
615 Posts |
Jackson Metals can't melt the cents. No ban against them sorting them.
Plus, they shipped those dump to areas with cent shortages. No way to get away from their dumps. Your location from Ohio is a non issue.
Figure in someone dumping 60,000 zincs at a time in full bags, then that will make some full zinc or close to full zinc boxes.
I highly doubt the government isn't pulling out the copper. They have little reason to... they can turn 2 cents into a dime with little work.
If the government was sorting them almost all boxes would be zinc.
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Pillar of the Community
United States
764 Posts |
OK now, which one of you lincoln lovers took all the copper cents out of the state of Texas?  |
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Valued Member
United States
417 Posts |
Come to Florida, there's plenty of copper for everyone.
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Valued Member
United States
311 Posts |
Funny, because there's darned little copper in South Carolina... out of the last ten boxes I've gotten from the two local branches of my bank, I've gotten five mixed-date zinc, one box with 11% copper, and another box with a total of 50-some coppers in it (plus Brinks shorted me Three Cents on that one!). Not fun at all for hand-sorting. I got a scale, so I'm not completely wasting my time, but it's still a bummer. |
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Valued Member
United States
314 Posts |
I bought another 4 boxs of cents from same bank and they came from another coin rolling company and they still had copper in them. Brinks could be pulling copper pennys since they were those clear tubes that was copper free.
I hope I can keep finding pre 1981 copper pennys with no trouble like those copper free boxs.
Chevrolet454ss
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Valued Member
United States
417 Posts |
I love the 49-cent "BU" roll with the one lone copper cent in the middle. They must do that on purpose.
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Replies: 13 / Views: 1,842 |
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Posted 06/07/2008 12:19 am
