HOARDING pre 1982 cents for copper

sounds like a good goal to hit and surpass I might slow down at $2,000 in pre 82's non wheaties or errors

 

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i put them in a jar and roll them every few months look under my dreeer there are apout 50-60 rolls

 

Pfft, the drug users around here actually are quite motivated when it comes to easy cash. They strip clean abandoned cars in one night before the county can pick them up for auction. Next to active highways no less.

 

i guess you got the name right

Hope you have all these on a solid floor. Looks like your over 800 pounds so far. Dont want to see the floor cave in on yah.

 

.......the ones worth holding onto are the 1983 coppers (not the plated zinc).

Cherrypicker's Tip - Watch out for "transitional" mint errors! "Transitional" errors occurred on the Lincoln Memorial Cents when the Mint accidentally used copper blanks for 1983 pennies. These "wrong stock" pennies weigh 3.1 grams, rather than the 2.5 of the zinc cents. If you find a copper 1983, it just might be worth... a pretty penny!

 

how much?

 

OK, I understand that these are worth more than face value.

What I don't understand is how folks think they can get more than face value for them. Isn't there some kind of law in place about melting this for metal content?

Does anyone know of someone that actually was able to melt them and make a profit?

 

is it even possible to melt copper at home? since the melting point of copper is 1984.32 degrees F

 

Im gonna aim for $2000 but my original goal was $1000 so who knows

 

I was referning sending it out to a professional refiner where you would have to add in the fees which makes collecting these for the metal content kind of strange to me. They take up a lot of space and I would think that the money could be more well spent elsewhere.

 

like where?

 

Sorry, I don't have any specific company in mind. I was thinking along the lines of a generic metals refinery like the places folks send gold jewelery for melting.

 

no I meant where and or what would the $$$ be better spent?

 

Ahh that's easy, something like junk silver which actually can be traded at the metal premiums without the trouble of melting it and it takes up a lot less space than the equivelant value in copper. (Or for me classic gold)

Outside of coins there are a lot of good stock or mutual fund deals to be had in the current environment.

 

like? and how do you GET involved in these deals?

 

Junk and broken gold jewelery is easy to find and if your a good bargainer and are honest with the sellers you'll be able to make a profit.
As for stocks and/or mutual funds or annuities any good broker or financial advisor at your bank can steer you in the right direction that suits you.

 

........i would bet thousands. truly rare. probably up there with the likes of the 43 copper cent.

 

Why even bother melting them? You could probably build a transformer or something using solid pre-82 cents. I'll have to look for plans on the internet now.

 

considering fifty dollars would have fit into a bank bag, that sounds like a heck of a deal for 55 gallons worth.

 

hoarding pre 1982 cents

I probably have about forty pounds of pre 82...but I have a question, weren't 82's changed to the zinc when half the year was already over? Aren't there copper ones too? Like the small and large 82's...aren't the large 82's still copper..and also, thanks for the tip on the copper 83's. Red Book says that there is a ddr on the one cent...looking for that one too. good read.