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 Replies: 12 / Views: 2,023 |
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Valued Member
United States
133 Posts |
I've been seperating copper pennies (pre 82) when I go thru boxes. I've noticed that I get about $5-$6 copper pennies per box. do you guys think they are worth hoarding? do you think they will ever let us melt them like they did the old Halves. Or do you think it is just a good idea to hoard them just incase they do lift the melt band on them, then they might acually be worth somthing numastically after everyone melts them down?
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Pillar of the Community
United States
625 Posts |
Go look at the web forum realcent. Its mainly dedicated to hoarding copper. I personally hoard it as much as I can. Will the melt ban be lifted, eventually. Copper is being pulled/diluted from circulation at an alarming rate if you look at the statistics. Those who do, will be rewarded in my opinion.
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Bedrock of the Community
United States
10982 Posts |
Yes! If you are already sorting them, then save the copper cents separately. They're currently around 2 cents each in copper value.
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Moderator
 United States
187702 Posts |
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Pillar of the Community
United States
560 Posts |
Im doing it; I think copper will only go up in value and I'm sure they'll one day lift the ban on melting or you can sell as bullion.
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Valued Member
United States
97 Posts |
Thats funny, last weekend I desided to start keeping my copper cents and squirrel them away. I'm up to about $4 worth lol. aka 8 dollars hehehe They're going to be the wheats of this generation imo, the last metal in circ thats actually worth something.  |
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Valued Member
United States
58 Posts |
Thanks for the information. I will now be hoarding copper.
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Valued Member
 United States
133 Posts |
do 1959 pennies hold a premium?
ive went the 6 boxes of cents and still dont have 50 1959 pennies
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Pillar of the Community
United States
6326 Posts |
Not much on 1959 P or D that I'm aware of. In MS-63 grade the "D" has more than the "P".....but I wouldn't ever send off a bunch of '59's to try to get one that would grade that in a slab. IMo) I've saved a coin tube of both.....and continue to, though I'm not really sure why. You'd think that the first year Memorial cent would mean something.....but it doesn't really appear to. |
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New Member
United States
47 Posts |
I recently started to do this. Are all coins from 1981 95% copper and 5% zinc, or are some of them the new blend? I thought I read somewhere that some of the 1981 coins weren't the 95/5 mix, so I started to save 1980 and below. Also are wheat pennies worth more than standard 95/5?
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Valued Member
United States
258 Posts |
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Pillar of the Community
United States
1571 Posts |
I look at the cents, both wheat, as well as memorial, as a source of varieties. In '82, when the "zincoln " came out, I still do as I have always done: Save the '82s all seven varierties of them. I also pull, all '60's, 70's, all wheats, and the '83, '84, 94,' 95,'97, the 2006, and keep the 1992' separate for closer checking for the CAM. Odly enough I don't even check the '98, 99, and 2000. Of the rest, I save the BU, in any year, and alsp all "P", regastdless of date. There are just too many holes in the folders because the "Phillies" just don't make it all the way out wast! Naturally, from 1990 on, there will be no RPM's, so a lot of hunting time can be devoted ot other varieties.
Just my way of doint it.
Dick
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Pillar of the Community
United States
5604 Posts |
I do not know about someday selling the thousands of cents I have been saving for many, many years, pre 1982, but I do know that I will keep doing so till the floorboards give.
I have been doing this to someday search for varieties, being every day or close to it another find is made and I want to be able to complete the roll sets I started years ago, to make checking dates, once a new find is made much easier than digging through bank bags of 20-30 lbs of the cents.......ps, I know I am not the only one to be doing this!!!
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Replies: 12 / Views: 2,023 |
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Posted 01/20/2010 2:37 pm
