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Copper Cents

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silvercoinrn's Avatar
United States
863 Posts
 Posted 10/09/2012  10:19 am  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
Edgman, Lucky for you both silver and copper have antibacterial properties so hoard all you want.
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jbuck's Avatar
United States
189502 Posts
 Posted 10/09/2012  10:39 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
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.
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M0nks's Avatar
United States
1770 Posts
 Posted 10/09/2012  5:04 pm  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
been doing it for yrs - although very rarely now
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perfessor's Avatar
United States
927 Posts
 Posted 10/10/2012  01:08 am  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
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.
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 10/10/2012  02:30 am  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
Yes I do. Every time I see a Wheat cent.
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wquinn's Avatar
United States
2295 Posts
 Posted 10/10/2012  10:11 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply

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.
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jbuck's Avatar
United States
189502 Posts
 Posted 10/10/2012  5:11 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
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.
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Islander2010's Avatar
Canada
220 Posts
 Posted 10/10/2012  6:29 pm  Show Profile   Bookmark this reply Add Islander2010 to your friends list Get a Link to this Reply
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?
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Penny4Me's Avatar
United States
745 Posts
 Posted 10/10/2012  9:48 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
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
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tornandfrayed75's Avatar
United States
447 Posts
 Posted 10/10/2012  11:08 pm  Show Profile   Bookmark this reply Add tornandfrayed75 to your friends list Get a Link to this Reply
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.
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Eurocoin's Avatar
Finland
294 Posts
 Posted 10/11/2012  12:21 pm  Show Profile   Bookmark this reply Add Eurocoin to your friends list Get a Link to this Reply
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:)
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Night Hawk's Avatar
United States
300 Posts
 Posted 10/11/2012  12:24 pm  Show Profile   Bookmark this reply Add Night Hawk to your friends list Get a Link to this Reply
I have over $200 face value of copper cents and let me tell you, moving an ammo can full of cents is a good workout.
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/11/2012  12:30 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
Copper cents make great non-corrosion washers! Cheaper than what they charge art Lowes! Same goes for nickels, copper clad quarters and halves for use on boats that will be exposed to seawater! Try pricing a cupronickel washer for boats! Cheaper to just drill into a nickel! Lol
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Penny4Me's Avatar
United States
745 Posts
 Posted 10/13/2012  10:02 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
I was using 100% nickel Canada dimes back when they were only worth 7 cents US$
Bedrock of the Community
United States
20753 Posts
 Posted 10/13/2012  10:42 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
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.
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