| Author |
 Replies: 10 / Views: 2,166 |
|
|
Valued Member
United States
123 Posts |
 as you all know, copper pennies are buying to be melted and sold as copper bars. this will cause the imminent disappearance of wheat cents in circulation. I personally collect all , no matter the date I just based only on the grade of them.could be in the future these pennies worth more than its current price? these pennies saved a great story, some are known to have been produced during the most important wars in history. other by transitions between the one and another design and if I'm not mistaken the most valuable history cents are in this designs for example 1943 copper,1944steel, 1922 no d, 1914 d. would be a shame these cents to disappear from circulation , personally when I see them on the rolls make my heart jump of emotion.
|
|
|
|
Moderator
 United States
23522 Posts |
I think there are enough people like us to keep it from ever becoming "final."
|
|
Pillar of the Community
United States
1234 Posts |
Always save your Wheaties  you forgot to mention the OBV has been unchanged for 105 years. The Roosevelt dime is only up to 68 years and all other US coins have changed OBV and REV many times. Beautiful image there too, it ain't silver but it is still a "  moment" |
|
Pillar of the Community
United States
597 Posts |
copper buyers stopped buying I used to sell pre 82 on the bay but no one has bought any for a year now second when they were buying them up pre 82 copper for $50 face went for $80 $50 face of mixed wheat's are still selling for $150+ so I do believe they will separate them out before melting to a larger extent
|
|
Moderator
United States
188213 Posts |
I keep all 95% copper cents, Wheat and Memorial alike, for the same reason. The thought of the being melted and lost forever frightens me.
|
|
Valued Member
 United States
123 Posts |
is sad but very true, with advanced technology and easy access to the internet in my humble opinion will someday disappear. in you tube and other pages are much given to the idea that melting pennies and selling them as copper bars generate more money as face value and its true,sadly.I think maybe some of you here have seen those videos because as collectors we are surfing the net daily in search of new things. so I think people like us need to preserve history for future generations,is what I think and that's what motivates me to do this.
|
|
Pillar of the Community
Russian Federation
5172 Posts |
This whole "melt copper cents and sell the copper" thing kind of already happened with large cents in the 1850s. I can't exactly say that large cents are very rare today, but definitely not many of them survived - not least because of that melting; and they certainly went out of circulation quickly (when the Randall hoard was found, in the late 1860s, some guy briefly attempted to circulate some of the large cents involved - of a design, by then, approximately 30 years obsolete - and people didn't accept them).
Heck, I'm surprised there are any wheat cents still in circulation, actually. I suspect most of these were stuck in old change jars until relatively recently.
|
|
Pillar of the Community
United States
807 Posts |
I've got a bunch of them right now that I need to sort through. I know there are steelies & early dates in there.
|
|
Pillar of the Community
United States
1584 Posts |
I get a little twinge of excitement every time I find one. IMO the most beautiful u.s. coin ever. I think most have been saved, although I'm sure every day someone somewhere dumps another jar of them into a coin-star.
|
|
Valued Member
United States
337 Posts |
I save what I find, but there are so few. When I was a child I would only get wheat pennies, and we got a steel one in about every 50 or so. Of course we also go Buffalo nickels, flying eagle quarters, and Walking Liberty halves. Wish I had the coins I spent in he 50s. The fun was finding coins with dates on them. |
|
Pillar of the Community
Canada
2781 Posts |
I think 99.999% of anything in a collectable (valuable) grade has already been collected, melting the rest of what's out there might dry up the supply of wild cents but the value on what's left in collections won't be affected.
|
| |
Replies: 10 / Views: 2,166 |
|
Posted 01/28/2014 3:35 pm
