Should we be hpareding even the zinc Memmorial Lincoln cents?

Discussion in 'Coin Chat' started by Drago the Wolf, Dec 29, 2011.

  1. Drago the Wolf

    Drago the Wolf Junior Member

    I was just curious to some people's answers. I used to hoard Wheat Cents and for my dad when I was a kid, and they were quite common, just as 1943 steel wheat cents were quite common when my father was younger, but now I'm wondering, even though they are very common as of yet, should we be hoarding pre-2009 post-1982 lincoln cents with the old memmorial design on the reverse now that there is a new shield design out in circulation? I only as because I never really got into the copper hoarding when copper Memmorial cents were plentiful in circulation, so if there is any reason to hoard zinc Memmorial cents, please give me your opinion, so I can get in ahead of the game. Thanks.
     
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  3. Treashunt

    Treashunt The Other Frank

    hpareding

    ???????????
     
  4. Shoewrecky

    Shoewrecky Coin Hoarder

  5. ikandiggit

    ikandiggit Currency Error Collector

    cut and paste, cut and paste, cut and paste......hpareding!? Doh!
     
  6. ikandiggit

    ikandiggit Currency Error Collector

    As for your question.... I would say keep the best examples and toss the rest.
     
  7. rodeoclown

    rodeoclown Dodging Bulls

    Isn't it obvious? O is right next to P, he then fat fingered the D where the E is right above it for the extra letter.

    I guess being in the computer business myself, major fat finger jobs don't phase me anymore. ;)
     
  8. Conder101

    Conder101 Numismatist

    The money you tied up in hoarding the wheat cents would most likely have given you a better return if it had been used or invested than what the wheats are worth today. Same holds true for hoarding the zincs today. The money would probably do better elsewhere.
     
  9. quartertapper

    quartertapper Numismatist

    As for rarity, they will never be worth anything. They were produced in the billions. Unless zinc becomes a precious metal, I'd say you're going to be taking up space unnecessarily.
     
  10. Not a big fan of zinc or zinc rot, so I will say no to hoarding them. TC
     
  11. medoraman

    medoraman Supporter! Supporter

    When thinking of hoarding current coins, the only thing that would ever come close to making sense would be to put away BU rolls. Any circulated coin has such huge mintages that its always like Conder said, the money would make better returns put anywhere else. BU rolls I am not saying will be worth it either, but I think they have the best chance of it. Go back to 1950. Would you have been better off hoarding old worn barbers and WL halves, or BU rolls of Franklins? Go back to 1920, 1890, etc etc. For the same price, (face value), you are almost always, (absent some weird rarity), better off hoarding BU examples over circulated ones.

    Chris
     
  12. sodude

    sodude Well-Known Member

    There's no reason to hoard zinc cents today. Nothing could possibly happen in the next few years that would make them hard to come by at face value.
     
  13. Drago the Wolf

    Drago the Wolf Junior Member

    I don't know HOW that word got so mixed up. I must have been very tired. Hmm...?
     
  14. zach24

    zach24 DNSO 7070 71 pct complete

    I do. I pull any that are Mint state and toss the rest.
     
  15. jcakcoin

    jcakcoin New Member

    Same here. Even (some) zinc pennies look nice in MS!
     
  16. zach24

    zach24 DNSO 7070 71 pct complete

    I agree! Especially the ones that extremely reflective, almost a cameo appearance... I love those!
     
  17. Lincoln Cents

    Lincoln Cents Cents not pennies

    I do that too... I spend the rest.
     
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