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50 cent rolls of copper cents worth $3?
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<p>[QUOTE="SilverSurfer, post: 845537, member: 21603"]Hey, Wolfman. You gotta check out this site.</p><p><br /></p><p><a href="http://www.coinflation.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinflation.com/" rel="nofollow">http://www.coinflation.com/</a></p><p><br /></p><p>There you will see why they aren't changing the metal in the pres dollars. The mint is against making steel coins. They were happy to announce that all of the metal in their coins are 100% recoverable. Steel isn't very recoverable, so cents that were made out of steel would just end up in a land fill when they were deemed useless.</p><p><br /></p><p>As you can see, zinc pennies are about 65% intrinsic. So, saving any penny probably is a good bet. Plus, Nickles are 25% nickel and 75% copper. As nickel is about $10 a pound, it makes sense to hoard them as well. But, if you look at dimes, quarters and half dollars, you'd see that they have a long way to go before the metal is worth more then the face value.</p><p><br /></p><p>P.S. There is more copper intrinsic value in a copper penny than in a dime.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 845537, member: 21603"]Hey, Wolfman. You gotta check out this site. [url]http://www.coinflation.com/[/url] There you will see why they aren't changing the metal in the pres dollars. The mint is against making steel coins. They were happy to announce that all of the metal in their coins are 100% recoverable. Steel isn't very recoverable, so cents that were made out of steel would just end up in a land fill when they were deemed useless. As you can see, zinc pennies are about 65% intrinsic. So, saving any penny probably is a good bet. Plus, Nickles are 25% nickel and 75% copper. As nickel is about $10 a pound, it makes sense to hoard them as well. But, if you look at dimes, quarters and half dollars, you'd see that they have a long way to go before the metal is worth more then the face value. P.S. There is more copper intrinsic value in a copper penny than in a dime.[/QUOTE]
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