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<p>[QUOTE=&quot;littlehugger, post: 2074285, member: 58633&quot;]What occurs to me with this situation is, copper is the new silver.</p><p>When I was a kid, coins were 90% silver. They were worth less than face value in silver because the 90% was calculated so. The government made money on this difference, called seignorage.</p><p>&nbsp;Quite a few, especially silver dollars, were melted.</p><p>&nbsp;So, what does a bag of 5000 &quot;unsearched&quot; circulated wheat cents go for now? How many times face does junk silver go for?</p><p>&nbsp;Ok, 1909-1982 cents are worth more than a cent. Given the labor, is it worth the difference? How many do you need to pay, say, one month of your mortgage?</p><p>&nbsp;Also consider, if the situation changes so you can sell them, what do you think is going to happen to copper prices when all those billions of cents go on the market?</p><p>&nbsp;Coin collecting pays off over time. It is a hobby enjoyed in the short term, an investment in the long term.</p><p>&nbsp;I think, eventually, our current coinage will become valuable. Even zinc cents. Common date copper cents and wheat cents will sell for a premium, just as silver does today. Even though zinc cents are extremely common, they are poor quality, and degrade easily. Eventually, those &quot;worthless&quot; zinc cents that survive in high grade, the ones you could have had by the roll for 50 cents, will be slabbed and selling for big bucks.</p><p>&nbsp;If you want to invest for your kids, put aside a few hundred dollars worth of copper cents, wheat cents, nickels, (they&#039;re 75% copper) and super shiny zinc cents. When your kid is 50, they will be valuable. When his kid is 50, they will be selling on HSN for $100 each.[/QUOTE]</p><p><br /></p>

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