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 Replies: 44 / Views: 5,655 |
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Valued Member
291 Posts |
Poll Question
Do you cull copper cents from circulation?
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Moderator
 United States
188213 Posts |
Yes, of course! Who isn't? Oh, two people (so far) are not. Interesting.  |
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Bedrock of the Community
13014 Posts |
I dont go out of my way to do it but if I am searching pennies for my album or get one Ill save it till I have enough to sell a lot on ebay. |
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Pillar of the Community
United States
556 Posts |
Does hoarding wheat cents count as culling copper? |
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Pillar of the Community
United States
1088 Posts |
I figure why not... cant hurt
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Pillar of the Community
United States
745 Posts |
Hey, you get 2.5 cents of copper for one penny...  Great deal!  Edited by Penny4Me
10/08/2012 10:42 pm
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Pillar of the Community
United States
1511 Posts |
I absolutly pull coppers and throw them in a bucket.. Just my oppinion but, I mean why not...? Like Penny4me said 2.5 cents for 1... Sounds like a better deal than coinstar to me... And they don't sell penny candy anymore, so it's not like I'll spend them, Lol... Mmmm... Candy...  .. Almost as good as coins.... Who else keeps a hoard of gold chocolate coins.... Lol, the best of both worlds... |
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Bedrock of the Community
United States
19948 Posts |
Hoard it before it's gone! The melt ban will eventually be lifted and copper will really start to vanish when the recycling places buy it at 1.5x face or so.
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Bedrock of the Community
 United States
12819 Posts |
Yes. Not intending to make a mint (ahem) but as everyone else has said... why not? Doesn't take up much room, even if you eventually end up with a 5-gallon bucket of them.
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Pillar of the Community
United States
1195 Posts |
I pull them, I have $3 dollars worth from a few roll hunts and swapping bills for handfulls from Honor system change jars.
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Valued Member
United States
106 Posts |
Say they don't lift the ban you are then just sitting on face value in pennies. That face value is getting eaten up by inflation every year so the purchacing power of that face is being destroyed. Best bet is to try to sell them now on ebay or CL for a profit and let them wait 20 years for the ban to be lifted. |
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Pillar of the Community
United States
2295 Posts |
I don't think the ban will ever be lifted, since the Mint wants to make all of the profit from them. When cents are discontinued, the banks will be instructed to pull all of them from circulation and send them back to the FR to have them recycled. Canada should be starting that soon. It'll be interesting to see what happens.
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Valued Member
United States
305 Posts |
Quote:
Hey, you get 2.5 cents of copper for one penny... Great deal! that is why I do it  |
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Pillar of the Community
United States
5850 Posts |
Quote:
Who isn't? I'm not, sorry. I will pull out wheat cents, just because they are cool, but I have neither the time, the eyesight nor the desire to examine the dates of every cent I run across. And even if I did have the time and the eyesight, I just don't think the potential return for the investment is worth it (especially since there's no guarantee they will ever be redeemable for copper value). |
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Valued Member
United States
402 Posts |
I think all of us have our little bucket into which goes wheaties and an occasional piece of silver along with some Euro coins. Wife says I'm going to get some kind of disease from whats in that bucket and wants to fill it with some kind of cleaning stuff. Every once in a while it gets looked through. I have over 350 rolls of wheaties I have to get rid of sooner or later. Why do I need to save an occasional single one or two I don't know. Guess we are all children at heart. Just my thoughts edgman    |
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New Member
United States
24 Posts |
I save all of my copper too, and I have a person that paid me a dime for every common date wheaties I get
Johnny
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Replies: 44 / Views: 5,655 |
Posted 10/08/2012 6:22 pm
