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#1
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Copper cents
My wife and I recently emptied a 5 gal jug that had about 4 gal of coins
in it. During the sorting process we separated out the pre-1982 Lincolns, you know the ones that are copper not copper coated zink. Now there are over $100.00 worth of these that are now in some plastic jugs. I have a couple of options on what to do with them. 1. Take them to the bank and go to the casino and run the money thru a slot machine. 2. Leave them in the jugs and let my kids wonder why we ever kept them, maybe the mint will sometime in the future will allow melting them and the copper value will get high enough to melt them. 3. (what are your suggestions) Thanks for your help. George -- Government is a voracious monster that must have your labor to control YOU! Your money is your liberty. The taxes you pay gently enslave you, and eventually destroy any human liberty you have. Fear government, pray for the country. |
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#2
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Copper cents
"George" wrote in message news My wife and I recently emptied a 5 gal jug that had about 4 gal of coins in it. During the sorting process we separated out the pre-1982 Lincolns, you know the ones that are copper not copper coated zink. Now there are over $100.00 worth of these that are now in some plastic jugs. I have a couple of options on what to do with them. 1. Take them to the bank and go to the casino and run the money thru a slot machine. 2. Leave them in the jugs and let my kids wonder why we ever kept them, maybe the mint will sometime in the future will allow melting them and the copper value will get high enough to melt them. 3. (what are your suggestions) Thanks for your help. George -- Government is a voracious monster that must have your labor to control YOU! Your money is your liberty. The taxes you pay gently enslave you, and eventually destroy any human liberty you have. Fear government, pray for the country. It probably depends on your age, how much of a hoarder you are, how much $100 would change your life, and how emotionally attached you became to filling the 5 gallon jug over the years. If you already cashed in the post-1982 cents and other denominations, there shouldn't be much emotion left for the remaining copper cents. If you can wait another ten or twenty years, there may be people willing to pay a premium for your pennies. But then there's that inflation thing. And then after all that time there may indeed be some emotion involved. IMO, cash them in now and you'll forget about it in a few weeks. |
#3
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Copper cents
On 7/3/2012 4:39 AM, Bremick wrote:
"George" wrote in message news My wife and I recently emptied a 5 gal jug that had about 4 gal of coins in it. During the sorting process we separated out the pre-1982 Lincolns, you know the ones that are copper not copper coated zink. Now there are over $100.00 worth of these that are now in some plastic jugs. I have a couple of options on what to do with them. 1. Take them to the bank and go to the casino and run the money thru a slot machine. 2. Leave them in the jugs and let my kids wonder why we ever kept them, maybe the mint will sometime in the future will allow melting them and the copper value will get high enough to melt them. 3. (what are your suggestions) Thanks for your help. George -- Government is a voracious monster that must have your labor to control YOU! Your money is your liberty. The taxes you pay gently enslave you, and eventually destroy any human liberty you have. Fear government, pray for the country. It probably depends on your age, how much of a hoarder you are, how much $100 would change your life, and how emotionally attached you became to filling the 5 gallon jug over the years. If you already cashed in the post-1982 cents and other denominations, there shouldn't be much emotion left for the remaining copper cents. If you can wait another ten or twenty years, there may be people willing to pay a premium for your pennies. But then there's that inflation thing. And then after all that time there may indeed be some emotion involved. IMO, cash them in now and you'll forget about it in a few weeks. I am soon to be 72 so long term 10 or 20 years is probably stretching it a bit. I am to much of a hoarder and your suggestion of cashing them in is probably the best. Than I can buy some silver eagles or something that takes up a lot less space. Now for the Wheat Cents. 1950s 2656 1940s 1408 1930s 152 1920s 69 Teens 43 Indian Head 12 of them Canadian Cents 254 And the list go on as to what was in that jug. US and Canadian silver, even one half of a spring activated clothes pin. -- Government is a voracious monster that must have your labor to control YOU! Your money is your liberty. The taxes you pay gently enslave you, and eventually destroy any human liberty you have. Fear government, pray for the country. |
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