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<p>[QUOTE=&quot;saltysam-1, post: 1346155, member: 23368&quot;]Has anyone ever thought about how difficult copper pennies will be to liquidate? Even if demonetized, a bank or the government will give you one cent for each when you return them, regardless of the metal content. They care less about the value of the base metal, except for manufacturing costs. You don&#039;t expect the government to give you more than a dollar for a silver dollar do you, even if it&#039;s an ASE? And the mint won&#039;t buy them back. They will only be exchanged. The only structure for selling coins for intrinsic value is through a smelter. They won&#039;t normally deal directly with the public. So that leaves you with dealing with coin dealers. Just ask one if he would buy a 1000 lb delivery of pennies at intrinsic value. They would become a storage and transportation problem to him, because he becomes a drop off point for many hoarders totaling thousands of pounds. It would be a real headach. Plus, they would discount the value just like the smelter discounts it from the dealer. There is no get rich quick opportunity here. But we all use our time as we see fit. And if someone choose&#039;s to spend it collecting pennies, I see no harm.[/QUOTE]</p><p><br /></p>

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