Copper Hoarding?

From what I'm hearing, there are private citizens that are pulling the copper's by the million's. There using the ryedale machine, and running full time operation's. If the fed, or any other organization are also doing this, I'm not so sure that the copper penny is going to be around for much longer. You don't see much silver floating around anymore, do you?

I personally am trying to go thru at least a box a week, and I'm separating them by decade, that way I know what I got, so I can go back thru them later.

I'll be saving mine for the collectors, after all the rest have been melted. They'll probably fetch a higher price that way anyway.

i finding about 35% copper in my boxes

A few weeks ago I bought 4 boxes of pennies. 2 each from 2 different banks. All 4 boxes were 1982 or later. I was shocked. They both had the same CWI and inspection number, so someone turned in a HUGE batch of copper sorted out pennies. I just got another box yesterday and it had about 17% copper with 10 wheat pennies with a 1920 and a 1936. They are still out there.

A little information is a dangerous thing. I just jumped up and sorted the copper pennies from our spare change!

The last box I got (about a month ago) about 1/3 were pre-1982. Averaged about 1 wheatie per roll.

The fed can do what they want to they mint them and they can melt any type coin they want too. so melting copper is well within there rights we gave them the right did we goof yes but you cant cry over the past.

I ah found any trouble searching boxes of cents for coppers and wheats.
I average about 600 coppers per box, 10 wheats per box, and 5 canadians per box, though I have only checked 3 boxes so far! Though In a box of nicles I found 1 silver 43-S.

with 150 billion of them out there it will take a few years to drain them from cir.i am saving the 80's in bu red.i sold a 1986 p roll for 26.00 on ebay.and in my last box I got 2 rolls of this these dates.and there was 2 1986 p's