Average Price For Coppers? - Coin Community Forum

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Author	Replies: 9 / Views: 1,037
jimmy28303 New Member United States 32 Posts	Posted 02/19/2009 8:56 pm i have been going through 5 boxes of pennies and came across alot of coppers. I know some people buy these but whats a average price per roll? am I wasting my time keeping the copper while I look for other things? Report this Post to the Staff

yotie Pillar of the Community United States 3077 Posts	Posted 02/19/2009 9:23 pm think the going rate is one cent per copper penny Report this Post to the Staff
yotie Pillar of the Community United States 3077 Posts	Posted 02/19/2009 9:25 pm that being said think it is doing better than the stock market Report this Post to the Staff
novillero Valued Member United States 290 Posts	Posted 02/19/2009 9:42 pm The melt value of a penny is equal to its face value. But peopleare still buying them on e-bay for a premium: http://cgi.ebay.com/5000-Copper-Lin...81_W0QQitemZ 230325415397QQcmdZViewItemQQptZCoins_US_Individual?hash=item230325415397&_trksid=p3286.c0.m14&_trkparms=72:1205%7C66:2%7C65:12%7C39:1%7C240:1318%7C301:0%7C293:2%7C294:50 Report this Post to the Staff
jimmy28303 New Member United States 32 Posts	Posted 02/19/2009 9:56 pm Just did a little research and found out that selling cent for copper is actually a losing business! I roll of copper cent with copper at 1.42/lb is worth .49 lol Edited by jimmy28303 02/19/2009 9:57 pm Report this Post to the Staff
Mushroom New Member United States 17 Posts	Posted 02/19/2009 11:38 pm I keep all copper Lincoln cents, this last summer copper was at $4.10, or just short of 3 cents per coin. With the world market like it is copper should reach the same amount, if not higher this coming summer. Report this Post to the Staff
wd1040 Pillar of the Community United States 3098 Posts	Posted 02/19/2009 11:43 pm When copper was that high, I saw a completed box sell for $95 or so. Report this Post to the Staff
Jim1953 Pillar of the Community United States 2600 Posts	Posted 02/20/2009 09:39 am My guess is that the guy that paid $95 for a box of copper cents was heavily invested with Bernard Madoff, too. Jim Report this Post to the Staff
CoinHunter53562 Pillar of the Community United States 2049 Posts	Posted 02/20/2009 09:46 am If you sell them on realcent, people some to pay 1.3 cents per delivered. You would need to fill a big flat rate box to the 70 pound limit to make any worthwhile profit. Report this Post to the Staff
highroller4321 Valued Member United States 187 Posts	Posted 02/20/2009 11:24 pm Also contact the online dealer APMEX because they were buying them for a premium recently Report this Post to the Staff
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