| Author |
 Replies: 39 / Views: 4,615 |
|
Pillar of the Community
United States
959 Posts |
Just went through an entire box of Brink's wrapped cents. Not one copper cent was found, unless the composition of a 1940 Canadian Cent is copper. I don't know. Was still nice to find it. Out of the 2500, there were only 22 '82's, which were zinc. The only saving factor for my time was a very nice 2000 WAM. There has been talk about this happening, so........... Would the Treasury pay to have this done? With the price of copper, it might make sense. |
|
|
|
Pillar of the Community
United States
3546 Posts |
I would venture to say that anything is possible but doubtful that the Treasury would do this based upon the relatively low unit value...
|
|
Pillar of the Community
United States
950 Posts |
Copper IS being removed.. but I doubt it was by the Treasury.
I keep all of my copper cents.
|
|
Moderator
 United States
188747 Posts |
Quote:
Copper IS being removed.. but I doubt it was by the Treasury. That is how I am thinking. This box is probably representative of what is going on, that is, copper is being pulled by roll hunters. I suspect we will see this more and more. |
|
Valued Member
United States
366 Posts |
From what I've heard, brinks and coinstar are removing coppers for a buyer. I believe they will get 5 million dollars worth of copper cents over the next 2 years. So a lot of copper sorters on the east coast have been reporting skunks this year. Aside from that and the independent sorters (small and industrial size) I haven't heard of the government starting this yet.
|
|
Pillar of the Community
United States
4333 Posts |
No, the govt has way bigger fish to fry!
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
|
|
New Member
United States
17 Posts |
I just bought a box, and 1/3 of my pennies were copper.
|
|
Pillar of the Community
United States
1770 Posts |
last yr I did a brinks penny box and the whole box had 7 coppers in it never touched brinks again, now I realize its a good thing I did
|
|
Pillar of the Community
Canada
1723 Posts |
Quote:
That is how I am thinking. This box is probably representative of what is going on, that is, copper is being pulled by roll hunters. I suspect we will see this more and more. This is what I was going to say too. At least This is what I think IMHO. |
|
Pillar of the Community
United States
526 Posts |
The government is culling all silver, copper and Nickel from circulation. I think I would just stop hunting, it is a waste of time and energy.
|
|
Pillar of the Community
United States
8516 Posts |
It's the Ryedale copper miners and you will find the copper on ebay. Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Pillar of the Community
United States
863 Posts |
they must be being removed. what are the chances that there is no copper out of 2500. I have better chances finding silver
|
|
Moderator
United States
188747 Posts |
Quote:
No, the govt has way bigger fish to fry! The government cannot even see that discontinuing the cent and dollar note would be more profitable, so I would be shocked if they were smart enough to pull copper from circulation.  |
|
Bedrock of the Community
United States
19958 Posts |
Of course it's being removed, it's worth more than face. It will take many, many years, but eventually it will as scarce as finding an IHC in a box. |
|
Bedrock of the Community
United States
19958 Posts |
Quote:
The government cannot even see that discontinuing the cent and dollar note would be more profitable, so I would be shocked if they were smart enough to pull copper from circulation INDEED!  Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
|
|
Moderator
United States
188747 Posts |
Quote:It will take many, many years, but eventually it will as scarce as finding an IHC in a box. I agree. Although I think it will just take many years, not many, many years. Roll hunters are relentless!  |
| |
Replies: 39 / Views: 4,615 |
Posted 08/29/2012 6:12 pm
