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Is It Worthwhile To Hoard Copper Pennies?

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United States
433 Posts
 Posted 02/19/2025  6:52 pm  Show Profile   Bookmark this reply Add snafu0571 to your friends list Get a Link to this Reply
I bury mine around on my property for someone to discover in the future. I have a 5 gallon water jug and a couple large coffee cans buried right now and have a full coffee can waiting to be buried
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jbuck's Avatar
United States
164257 Posts
 Posted 02/20/2025  09:42 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I bury mine around on my property for someone to discover in the future. I have a 5 gallon water jug and a couple large coffee cans buried right now and have a full coffee can waiting to be buried
Sounds like a fun time for someone down the line.
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BadThad's Avatar
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19675 Posts
 Posted 02/20/2025  1:54 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

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They would then have to be transported and refined to get pure copper so figure you could sell them for 2 cents each. You'd need to haul around 68 pounds of pre-82 cents to make $100. Plus the time and effort to sort, which most of us would be doing by hand. If you're time is worth more than $1/hour to you? You'd be making nothing.


I purged mine for those reasons and more. Nobody is getting rich from copper, it's heavy and takes up space. We have TRILLIONS of pennies floating around and we will for decades. Hopefully congress takes the next step and eliminates them completely so there's no chance of them coming back.
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jbuck's Avatar
United States
164257 Posts
 Posted 02/20/2025  2:03 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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Hopefully congress takes the next step and eliminates them completely so there's no chance of them coming back.
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IndianGoldEagle's Avatar
United States
33743 Posts
 Posted 02/20/2025  2:19 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I've been tossing my pre-82's in a bucket for years. I also remember tossing 90% silver coins in a can back in 1966.
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jpsned's Avatar
United States
2027 Posts
 Posted 02/20/2025  7:05 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
After going back and reading all the posts, I feel the title of the post is incorrect. It doesn't matter whether hoarding copper pennies is worthwhile or not.

What matters is if one has fun doing it. And it sounds to me that AllSeasons is definitely having fun!
Edited by jpsned
02/20/2025 7:06 pm
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BadThad's Avatar
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19675 Posts
 Posted 02/20/2025  8:28 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

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What matters is if one has fun doing it. And it sounds to me that AllSeasons is definitely having fun!




I had fun, mine were all acquired while searching for the good stuff. Just over one 5 gallon pail. I did sell a few lots out of them even. The pail was immovable, I pulled the handle clean off trying (it was an industrial pail too). The next day the trips to the coin star started. I was sick of that pail taking space by my coin work area.

In the end my hunch was correct. With all the trouble, time, gas, etc. that it cost me get rid of them - I certainly lost money even with the lots I sold. HOWEVER, I did pluck out some awesome coins from circulation (bags, rolls, pocket change) for my collection. It was the pail was essentially garbage to me because every single coin had been examined.
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238 Posts
 Posted 02/20/2025  9:44 pm  Show Profile   Bookmark this reply Add Nycstlrr to your friends list Get a Link to this Reply
I went through a bunch of them before my eyesight got so bad. Had to use a microscope just to see the dates. That got old quick. Ended up rolling everything and took them to the bank. The last 60 bucks worth will go Saturday. It was fun to look through when I could see them. Saving coppers never crossed my mind. I'm getting old and it is time to get rid of things.
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jbuck's Avatar
United States
164257 Posts
 Posted 02/23/2025  11:45 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
What matters is if one has fun doing it. And it sounds to me that AllSeasons is definitely having fun!
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