Many of you are CRH cent rolls. Are you hoarding/stacking the copper cents you find? How many copper cents are you finding per roll? In the mid 90's I averaged 15-20 per roll. I'm just curious. Thanks.
I have seen this question asked a few times before. My question is why? Some have stated for the copper value if turned in to scrap yards but in reality it's not worth it. They wont accept the Cents or/and you really won't profit that much from it if they did accept it.
I save them. Agree with the crowd so far that there's probably never going to be a situation where taking them to the scrap dealer is profitable, but I figure when I retire, I'll have an awfully nice backlog of older cents to look through for errors. If for some reason they ever get released back out into the wild, I hope someone gets the same surge of excitement as I do when I find a solid roll of older coins. I'm only searching about $20 a week in cents and averaging 21 coppers per roll so holding them isn't really cost prohibitive. I'm also getting ready to cash out a small hoard of nickels to convert it to shiny Double Eagle - so I try to put my hoarding to good use in the end. I find sticking a couple of rolls a week into storage an easy way to save for the bigger purchases like this that I wouldn't usually make and don't mind waiting for.
I don't go out of my way to by rolls, but I do hoard my change. All my change. Why? Habit, maybe genetic habit? lol .. my dad, and his dad did the same thing. Just this weekend a friend dropped of $67+ of change to me. I pulled the wheats and a few early canadians and early nickels. But the most part all the nickels and dimes go in an ammo case, and the quarters are separated between pre-98, and modern. And the pennies are separated by decade. Then they all go into a dark abyss to infuriate/ dismay my kids after I'm gone. On rare occasion I'll take a half bucket load (mostly zincolns) to the credit union and slowly feed their coin counting machine and convert it to paper money which goes off to another abyss which the kids probably will like. I expect all the Zincolns to disintegrate at some point in time so those are more likely to be converted to cash.
I save copper in all forms, I'm a scrapper which means I have about a thousand pounds of copper, my 55 gallon drum is about 2/3s full with around 300 lbs. plus all the heavy copper cables. I also have about 1500 lbs. of copper cents
I believe bad money (Zinc cents) drive good money (copper Cents) out of circulation so I save the copper Cents. Wheats in one pile and Memorial (1959-1981) in another. As an antique dealer I can sell rolls of either for a small profit.
I personally collect UNC coppers i come across because I believe they look very beautiful compared to the zincolns and collectors will be drawn to them eventually. The younger you are the more time is on your side