I'm curious how others here decide what to save and not save from their coin roll hunting. Here's the criteria I've set for deciding what to save: Quarters & Dimes: - anything pre-1965 - anything from 60s/70s/1982/1983 if it's AU/BU - 2009's - for quarters, any good upgrades I see for my state quarter/nat park collection Nickels: - silvers - buffalos - 1938-1960: anything with mintage number below 10 million - 1938-1983: any AU/BU - 2009's Cents: - all wheats and coppers unless they are in really bad shape - 2009's
read this thread and you will see what everyone keeps...https://www.cointalk.com/threads/roll-searchers-post-your-results.10176/
It's a waste of time saving 1959-1982 copper cents just because they are principally copper. The price for Grade A Copper would have to go above $7/lb. or so just to break even. Chris
Yeah, it seems people have conflicting opinions on whether coppers will ever have any melt value. I lean more toward doubt as you do, on the other hand it's not costing me extra time to find them since I'm already hunting for wheats anyway. So I throw the copper ones in a separate bucket. I'm certainly not going out of my way or increasing my coin hunting time just to find coppers. As long as they fit in a few boxes on my closet floor I'll keep saving them. The amount of cash I'm tying up in these pennies just isn't that much so I see no downside to saving them for another 10 years and see what happens to value of copper.
That has nothing to do with the value of a copper penny. Since the coin is 95% copper and 5% tin & zinc, it has to be refined to extract the copper. If it were legal to melt pennies, refineries would only pay 25% of the price for Grade A copper for them. Do the math! Chris
It's money. It's weighing copper value against inflation. The issue is, whether you cash them in or sell for copper content, it won't make much money either way.
That is the dumbest idea I've ever heard! Where in the heck would you put the bleach & fabric softener? Chris
Hey guys, I said a copper washer from the hardware store, NOT A WASHING MACHINE. Large cents were often used as washers, just ask the PennyLady!
I collect any old US coins worth over $20 ....I'm just not into lower value coins....I am especially fond of civil war tokens, Indian heads and large cents