| Author |
Replies: 44 / Views: 5,663 |
|
|
|
Pillar of the Community
United States
863 Posts |
Edgman, Lucky for you both silver and copper have antibacterial properties so hoard all you want.
|
|
Moderator
 United States
189502 Posts |
By the way, I am not doing this to make a profit. I am doing this to save the cents from being melted when (not if) the melt ban is lifted. 
|
|
Pillar of the Community
United States
1770 Posts |
been doing it for yrs - although very rarely now
|
|
Pillar of the Community
United States
927 Posts |
I pull all of the cents that I receive in change and separate them by copper and zincolns into different buckets. The daily effort is minimal. When the bucket gets full I roll the copper ones. I give the zincolns to my wife to take to her store. I have been doing this for many years. It really doesn't cost much to save a few pennies a day this way. I figure that they will probably be worth extra some day.
|
|
Pillar of the Community
United States
1795 Posts |
|
|
Pillar of the Community
United States
2295 Posts |
Quote: I am doing this to save the cents from being melted when (not if) the melt ban is lifted. Sorry to burst your bubble jbuck, but the Mint will never allow us collectors or anyone else to ever melt them without them receiving the full profit. They want all of the profit for themselves.  I do have rolls of BU copper cents that I'm saving though, that I bought many years ago.
|
|
Moderator
 United States
189502 Posts |
How does that burst my bubble? I do not want them to be melted! I will rescue as many as I can, regardless of who does the melting. 
|
|
Valued Member
Canada
220 Posts |
I'm curious, people are going on about the ban on the melting of bronze pennies as if just the fact that it is banned will stop it from happening. So, my question is this: Is it legal to melt pre-65 U.S. silver coins?
|
|
Pillar of the Community
United States
745 Posts |
YES, it is legal to melt pre-65 U.S. silver coins! Law states you can't melt penny or Nickles. When silver hit over $45, my local coin shop sent all silver coins out to melt.  they only kept the rare dates. I had a hard time to find a 1963 dime, they all got melted. 
Edited by Penny4Me 10/10/2012 9:50 pm
|
|
Valued Member
United States
447 Posts |
Food for thought:
Let's say the you S government says we can all melt our pennies next week. Will copper recycling centers actually take a 5 gallon bucket of pennies? How do they know they are all pre 1982? They certainly will not look at each one, and if they do a random sampling and find just one zinc cent in there, your whole batch is infected and you'll carry that bucket back to your car. If you have any 82's in there they're not going to weigh each one. The recycling guys I have seen are generally the type who will tell you where you can put your pennies, if ya know what I mean. So, where will you take you pennies for melt? Again, just food for thought. Comments?
|
|
Valued Member
Finland
294 Posts |
No, I'm type coin collector and happy with just one example. Copper cents are common in bulk lots of world coins. The more you guys hoard them the more they rise in value:)
|
|
Valued Member
United States
300 Posts |
I have over $200 face value of copper cents and let me tell you, moving an ammo can full of cents is a good workout. 
|
|
Pillar of the Community
United States
1903 Posts |
Copper cents make great non-corrosion washers! Cheaper than what they charge art Lowes! Same goes for nickels, copper clad quarters and halves for use on boats that will be exposed to seawater! Try pricing a cupronickel washer for boats! Cheaper to just drill into a nickel! Lol
|
|
Pillar of the Community
United States
745 Posts |
I was using 100% nickel Canada dimes back when they were only worth 7 cents US$
|
|
Bedrock of the Community
United States
20753 Posts |
I look at any change for a rare of valuable one but other than that, all change goes into a large can which just goes to a bank every Month or so.
|
| |
Replies: 44 / Views: 5,663 |