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<p>[QUOTE=&quot;dougsmit, post: 662736, member: 19463&quot;]The answer to this question requires an assumption on the rate of inflation.&nbsp; Fifty years ago we had the first memorial design cents.&nbsp; Fifteen of them would buy a small hamburger at fast food places.&nbsp; Today it would require 100.&nbsp; If we put the 15 cents in a savings account then drawing 4% interest (more or less as now but in between rates peaked higher) those 50 years would produce that same dollar (roughly rounded off).</p><p>&nbsp;</p><p>You have a choice:&nbsp; 1. Take money out of circulation in the hope the value as melt or to collectors increases faster than &#039;investing&#039; in a savings account (or any of a thousand other, better hopefully, investments).&nbsp; 2. Invest in something else in the hope you will pick the right &#039;something&#039; in the hope you can figure out what will go up faster than copper.&nbsp; 3. Have a burger.</p><p>&nbsp;</p><p>In all seriousness, this choice is the basis of our system of economics.&nbsp; When I was a teen people laughed at old misers who did not trust banks and kept their money in their mattress. That form of savings turned out better than investing with Bernie Madoff, didn&#039;t it?&nbsp;&nbsp; If that money in their mattress included crisp paper money or certain coins (we spent Morgan dollars when I was a kid), they may have done much better.</p><p>&nbsp;</p><p>My personal answer would be to avoid tying up large numbers of cents in random copper units if that keeps you from investing in selected items you feel would be more likely to &#039;beat&#039; inflation.&nbsp; That means I would remove any premium coppers (S VDB included) but I&#039;ll let someone else bet on melt value increasing faster than burgers.[/QUOTE]</p><p><br /></p>

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