A penny saved is more than a penny earned nowadays.
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 notabotAdvanced Member
Posts: 118
Joined: 23 May 2007
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 Posted: Fri Dec 14, 2007 10:28 pm |
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There is somewhat of a bit of back-pedaling on laws which disallows us using our cents as we wish-making a profit by melting.
Last edited by notabot on Mon Mar 03, 2008 7:24 pm; edited 1 time in total
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 RussellhomeVeteran Member
Posts: 280
Joined: 18 Jul 2006
Location: Mechanicsville, VA
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| Posted: Fri Dec 14, 2007 11:15 pm |
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| notabot wrote: |
A penny saved is more than a penny earned, nowadays.
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Particularly those without Zinc.
I have a feeling that law or no law, copper cents are being melted. Currently, I only get about 10 copper cents per circulated bank roll. In a few years, it will probably be like the Pre-1965 90% silver coins. If not melted, they will be hoarded by people like us until such time as they can be sold for their metal content. I know I never put a copper cent back into circulation. One day soon, any copper cent in circulation will be as rare as finding a wheat cent.
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Ken
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notabotAdvanced Member
Posts: 118
Joined: 23 May 2007
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| Posted: Sat Dec 15, 2007 4:51 pm |
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So true, Mr Home. I get about a 50 percent mix, so I feel good culling them out, but maybe not so by 2008. I now wonder aloud if that company continued to send their guys out, agglomerating a massive market advantage, and they somehow knew the ban wouldn't stand. That'd be a stealthy story- guys who were lobbying congress somehow assured the situation would soon change. I motored on anyway, keeping my efforts up, and I have enough to feel good about not being shut out in the mad scramble of late 2008 for good coppers. As for me, I am keeping mine until I die, and fully expect my relatives to bury me with them all, I am such a tightwad. 
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 DickExpert Member
Posts: 5780
Joined: 21 Sep 2006
Location: Rialto, CA.
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| Posted: Sat Dec 15, 2007 7:10 pm |
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I must say, in all due respect, Notabot, Youn aren't the only collector that is "looking forward to having something to after we depart this life"!
Dick
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" Deja Moo: The feeling that you've heard this bull before".
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