Collecting Copper Pennies.

You know coincollect1 you can never tell. They say that the metal value of these coppers is at least twice their face value. I was in a coin shop yesterday and they were selling a bag of 5000 for $200 dollar. That works out to $.04 apiece. Not a bad return for the store just in face value.

I'd like to think that someday we all could cash in like that. However the way that I understand it is that now that the Canada has done away with their penny boxes of 2011 Canadian pennies are being sold a collector items for a fairly hefty price. If or when that happens in the U.S. I would expect the same to happen here. But who knows?

i recently sold 2 boxes of copper cents pre82 on ebay for $86.00... I mean after fees and all its still around a $20 profit... since I love collecting and roll hunting, its fun. but if your in it just for the profit then doing what I do, how I do it, is like jumping over a dollar for a dime... but to me any profit is good, bc I can then turn that into a coin for my collection...

Look through them for valuable ones and then just sell the rest. Hoarding coins usually just isn't worth it. The same amount of profit from bulk coins is about the same as what you would get in a savings account. And no problems storing a bank book.