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<p>[QUOTE="Check_M_All, post: 165585, member: 6661"]As far as scrap yards are concerned, I can say very positively that they are more than happy to take whatever amount of copper you bring them. I work in construction and if at the end of a job I have 5 or 10 pounds of copper wire or pipe left over, I can easily take it to any recycler and dispose of it. I'll get a great deal more for 10 pounds of copper than I would for 200 pounds of steel. </p><p><br /></p><p>Where the Lincolns are concerned... If you think you have an opportunity in the making, and it doesn't adversly affect you to keep them... keep them. There was a time when people laughed at those who started hoarding silver coins. I'm quite certain they weren't laughing in 1980 when silver hit $50/ounce. Now still, that stupid little 1964 dime is worth almost a dollar just in its metal value. It is traded and sold as such routinely through dealers and on eBay. History will always repeat itself in one form or another. I think in the near term, we're going to see copper prices drop a bit. Demand is going to wane a bit in this country with a lull in the housing market. Long term, I think copper will continue to rise in price. The industrial machines in countries like China are hungry for metals. More countries will begin developing on a larger scale. This will drive prices up. </p><p><br /></p><p>With the coming demise of the cent and the rising price of copper, people will realize that they can get more for them by recycling than it costs to obtain them. At some point in time, they will become worth three cents a piece, then four... it's inevitable. How many times over face value do they have to become before the idea is no longer laughable to the general public? Who knows, but by that time those who saw it coming will have already cleaned out the supply and will be set to cash in.</p><p><br /></p><p>Myself, I search rolls anyway. It doesn't hurt me to throw the coppers into a coffee can and put them away when it's full. Will I stand in line at the recycling center to see them melted down? No. I'll let others do that. I'll keep them. Roll them up. One day when the cents are gone from circulation, you'll find my rolls on eBay trading at bullion prices as the 90% silvers do... People collected the wheat cents when they were still less than there metal value. Only worth a cent, but they put them away. Rolls of common date circulated wheats sell for $3.00/roll. But what do I know?[/QUOTE]</p><p><br /></p>
[QUOTE="Check_M_All, post: 165585, member: 6661"]As far as scrap yards are concerned, I can say very positively that they are more than happy to take whatever amount of copper you bring them. I work in construction and if at the end of a job I have 5 or 10 pounds of copper wire or pipe left over, I can easily take it to any recycler and dispose of it. I'll get a great deal more for 10 pounds of copper than I would for 200 pounds of steel. Where the Lincolns are concerned... If you think you have an opportunity in the making, and it doesn't adversly affect you to keep them... keep them. There was a time when people laughed at those who started hoarding silver coins. I'm quite certain they weren't laughing in 1980 when silver hit $50/ounce. Now still, that stupid little 1964 dime is worth almost a dollar just in its metal value. It is traded and sold as such routinely through dealers and on eBay. History will always repeat itself in one form or another. I think in the near term, we're going to see copper prices drop a bit. Demand is going to wane a bit in this country with a lull in the housing market. Long term, I think copper will continue to rise in price. The industrial machines in countries like China are hungry for metals. More countries will begin developing on a larger scale. This will drive prices up. With the coming demise of the cent and the rising price of copper, people will realize that they can get more for them by recycling than it costs to obtain them. At some point in time, they will become worth three cents a piece, then four... it's inevitable. How many times over face value do they have to become before the idea is no longer laughable to the general public? Who knows, but by that time those who saw it coming will have already cleaned out the supply and will be set to cash in. Myself, I search rolls anyway. It doesn't hurt me to throw the coppers into a coffee can and put them away when it's full. Will I stand in line at the recycling center to see them melted down? No. I'll let others do that. I'll keep them. Roll them up. One day when the cents are gone from circulation, you'll find my rolls on eBay trading at bullion prices as the 90% silvers do... People collected the wheat cents when they were still less than there metal value. Only worth a cent, but they put them away. Rolls of common date circulated wheats sell for $3.00/roll. But what do I know?[/QUOTE]
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