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#1
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Anyone else saving copper cents?
I go thru my change every night and separate the copper Lincolns from
the zinc ones. I hope to retire on my profit someday |
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#2
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Anyone else saving copper cents?
"The Bobino" wrote in message oups.com... I go thru my change every night and separate the copper Lincolns from the zinc ones. I hope to retire on my profit someday My only use for cents are as playthings for the grandchildren. Cents must be America's most useless coin (except to the tax person). |
#3
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Anyone else saving copper cents?
The Bobino wrote:
I go thru my change every night and separate the copper Lincolns from the zinc ones. I hope to retire on my profit someday Value for value, it would seem to me that hording nickels would be more prudent. |
#4
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Anyone else saving copper cents?
The Bobino wrote:
I go thru my change every night and separate the copper Lincolns from the zinc ones. I hope to retire on my profit someday ========= Hate to think how many pennies you would need to hoard in order to make enough to retire on! I have around 1,000 to 1,100 cents I have found MD'ing this year and I'm sure not going to separate the ZLincolns out. Off to the bank for my whopping 10 or 11 bucks. All I need is the right horse and I'll be ahead of any cent hoarders :0) |
#5
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Anyone else saving copper cents?
I researched the composition of the cent and discovered that besides
the steelies during '43, there was a touch of tin in the '44's, but that the radical change came in '82 with a 97.5% zinc/2.5% (isn't that pitiful?) copper. So I think your idea is a good one. Am I right in assuming that you save all the coins up to and including '81? The Bobino wrote: I go thru my change every night and separate the copper Lincolns from the zinc ones. I hope to retire on my profit someday |
#6
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Anyone else saving copper cents?
I am saving them, but not in the vain hope of getting profit from saving
them, but keeping them as collectibles. In my searches for them, I have found now over 100 wheat cents dating as early as 1926 from rolls. But in change the other day I got a 1919. Curiously I have gotten quite a few from the early 1960's and even 1959's. The S mints have been well represented from 1968-1974 also. |
#7
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Anyone else saving copper cents?
Nice site that does the math
(in case you have not seen it) http://www.coinflation.com/ Best Regards, Bob Johnson |
#8
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Anyone else saving copper cents?
Bob Johnson wrote:
Nice site that does the math (in case you have not seen it) http://www.coinflation.com/ I guess I stand corrected on the metal value of nickels vs. pre-1982 cents. |
#9
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Anyone else saving copper cents?
Bob Johnson wrote: Nice site that does the math (in case you have not seen it) http://www.coinflation.com/ Best Regards, Bob Johnson Very handy site. Thanks for posting this. Ric B. |
#10
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Anyone else saving copper cents?
"The Bobino" wrote in message oups.com... I go thru my change every night and separate the copper Lincolns from the zinc ones. I hope to retire on my profit someday I don't know for sure but I think they can't melt down copper and zinc together. A place in town here has large bins with everything sorted out--it's all large stuff like pipes and aluminum siding. When you arrive they just do a quick check of what you have and tell you where to dump your load. IOW whoever it would be that would be melting those down would not want to spend the time and the extreme effort at sorting out all the Zincolns--because they for sure won't just take you at your word that all of the Zinc coins are removed. Plus a copper Lincon is not totally copper so I don't know how that would affect the melting procedure--this is all the kinds of things you better check out first. |
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