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<p>[QUOTE="Pocket Change, post: 200569, member: 8012"]<b>That's what is attracting people</b></p><p><br /></p><p><br /></p><p><br /></p><p>If you do some web searches on penny hoarding, you'll get a similar message. Basically, by keeping copper cents, you lose/risk absolutely nothing and there is strong probablility that you will gain a whole lot. Of course, you get into questions of storage, weight, etc. Obviously not as interesting as saving silver dimes <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>There are even people who point out that zinc has actually gone up more in the last five years than copper has - thus raising speculation that the current lincoln cents (after 1982 are 97.5% zinc) may also be investments in the very near future. I believe that coininflation.com puts recent lincolns metal value at about 87% face value. This should not be happening. Modern coins are tokens and are not actually worth their face value. So it's likely that the current Lincolns will become steel very soon.</p><p><br /></p><p>As far as selling, just do a search in the e-bay coin section for 1982 and you should find several auctions for lots of pre-1982 lincolns. However, copper will have to go WAY up before you'll be able to walk into a coin dealer and get any kind of premium for them.[/QUOTE]</p><p><br /></p>
[QUOTE="Pocket Change, post: 200569, member: 8012"][b]That's what is attracting people[/b] If you do some web searches on penny hoarding, you'll get a similar message. Basically, by keeping copper cents, you lose/risk absolutely nothing and there is strong probablility that you will gain a whole lot. Of course, you get into questions of storage, weight, etc. Obviously not as interesting as saving silver dimes :) There are even people who point out that zinc has actually gone up more in the last five years than copper has - thus raising speculation that the current lincoln cents (after 1982 are 97.5% zinc) may also be investments in the very near future. I believe that coininflation.com puts recent lincolns metal value at about 87% face value. This should not be happening. Modern coins are tokens and are not actually worth their face value. So it's likely that the current Lincolns will become steel very soon. As far as selling, just do a search in the e-bay coin section for 1982 and you should find several auctions for lots of pre-1982 lincolns. However, copper will have to go WAY up before you'll be able to walk into a coin dealer and get any kind of premium for them.[/QUOTE]
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