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So Are We Still Saving Copper US Cents?

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wd1040's Avatar
United States
3098 Posts
 Posted 01/08/2009  10:05 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Hey, I mean when I CRH, I have to be looking through the coins anyways, so why not look for coppers too?

And I think I'm one of the ones who can discern copper/zinc just by looking at the coin
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BadThad's Avatar
United States
19951 Posts
 Posted 01/08/2009  10:46 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
I prefer wheaties but the 3rd era coins (1959-1982) will be much more "collectible" in the future. The copper LMC could be the next generations wheaties!


I agree with everything Brad has said.

Why more collectible? Because it's a cheap and easy series to complete. I think interest will grow with the design change. In a sense, the Memorials are the next "wheatie". Another coin design phased out by the mint.
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docsfishn's Avatar
United States
1031 Posts
 Posted 01/09/2009  01:09 am  Show Profile   Bookmark this reply Add docsfishn to your friends list Get a Link to this Reply
I still save them. I've got 30 or more years until I can retire so the worst that can happen is that they're only worth 1 cent.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 01/09/2009  08:29 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I never jumped aboard the "Copper Train" !
Only IHC's and Wheats for me !...
Edited by eaglefoot
01/09/2009 08:29 am
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jbuck's Avatar
United States
188527 Posts
Valued Member
SJUHawks's Avatar
United States
383 Posts
 Posted 01/09/2009  11:40 am  Show Profile   Bookmark this reply Add SJUHawks to your friends list Get a Link to this Reply

Quote:
Hey, I mean when I CRH, I have to be looking through the coins anyways, so why not look for coppers too?

I agree with this. Since I'm just saving them for melt value in the future, I just roll them up, put them in a box of $25 and toss them in the closet. They take up almost no space, so even if I get to $200 or more, what's the big deal space-wise?

Like docsfishn said, at worst, they'll be worth 1¢, maybe even a fraction more to a collector.
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John1's Avatar
United States
56855 Posts
 Posted 01/09/2009  12:45 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I for one am still hoarding all of the copper Lincolns that I come across roll searching,who knows if the price of copper will go up again in the near future After all if it does not go up I still can turn them in for $25.00 a box,right
John1
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pyrbob's Avatar
United States
1943 Posts
 Posted 01/09/2009  2:30 pm  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
I still pull out the coppers. I currently have around $900 face. My plan is when I have enough to buy a 1955 doubled die then I will turn my large copper stash into small copper stash. At that point if I can get more than face it will just be a bonus.
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PennehChaos's Avatar
United States
311 Posts
 Posted 01/09/2009  2:43 pm  Show Profile   Bookmark this reply Add PennehChaos to your friends list Get a Link to this Reply

Quote:

I prefer wheaties but the 3rd era coins (1959-1982) will be much more "collectible" in the future. The copper LMC could be the next generations wheaties!


Point of consideration- one might argue that the Zincolns could end up being more valuable than the coppers at the higher grades because so many of them were miserably struck, and they corrode like nobody's business...
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 01/09/2009  2:56 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
I'm sitting on 17 boxes ($425 face) right now, and constantly adding more. I look through bank box after bank box after bank box anyway, so I might as well put them aside. Besides, If I need the money for some reason I know of a dealer that is paying 65 cents a roll for them, even now with them not worth that much.
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wheatiefan's Avatar
United States
507 Posts
 Posted 01/09/2009  4:53 pm  Show Profile   Check wheatiefan's eBay Listings Bookmark this reply Add wheatiefan to your friends list Get a Link to this Reply
Think about this for a moment:

If the price of silver were around $3.50 an ounce, then 40% silver halves would only be worth "face value". Would you stop accumulating them? Would you turn your hoard in to the bank?


-wheatiefan
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florida's Avatar
United States
417 Posts
 Posted 01/11/2009  8:37 pm  Show Profile   Bookmark this reply Add florida to your friends list Get a Link to this Reply
Well, Every time I did acquire a small hoard, they sat around in a small jug, unrolled. Then, I think, "Where on earth could I sell them?" and bills come around, so they get dumped in the credit union's coin machine. I will not part with red AU, S-mint Memorials, or any wheats. Any 1974 stays in the collection, as does an 82. I want to see how many of each variety of large/small date can be found.
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yotie's Avatar
United States
3077 Posts
 Posted 01/11/2009  10:35 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
why the 74's?
Valued Member
United States
67 Posts
 Posted 01/12/2009  5:40 pm  Show Profile   Bookmark this reply Add daveg131 to your friends list Get a Link to this Reply
I've been doing some roll hunting on a small scale, and still pull all the pre-82's. If anything, it's like saving a few bucks every box that I search. If the price of copper goes back up, I'll have a nice little stash to sell.
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yotie's Avatar
United States
3077 Posts
 Posted 01/13/2009  8:18 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
poor mans bullion I would love to save gold coins but have you seen the price of those coins?
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