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<p>[QUOTE=&quot;dayriser, post: 910216, member: 21610&quot;]I have a couple questions... First, isn&#039;t there some law on the books about &#039;hoarding&#039; coins? I remember some little old lady getting fined here locally a few years back, or atleast reprimanded for turning in something like 60,000 pennies she had stored in the attic... Not that many of us don&#039;t also do it, but I wouldn&#039;t advertise to the world that I do it, just in case...</p><p>&nbsp;</p><p>Also, I work as a plumber so I routinely make trips to the scrap yard to clean the truck off... I noticed that when the copper prices went to nearly 4.00/lb locally that every drug addict and thief came out of the woodworks with the stolen copper from thousands of homes... Very quickly then, I mean within about a month, the copper prices shot back down to about 1.50/lb... So my question is this... If they actually allow the melting of copper coinage, and change the composition of the new cents, and all these people are holding copper and rush to melt it at the current rate (call it 5.00/lb for argument&#039;s sake), then wouldn&#039;t the price rapidly go down with the new significant source of copper rushing in?.. And won&#039;t a lot of these hoarders be left holding cents that are worth less than what they are currently paying for them?... Supply and demand, ya know... Also, one of the largest copper users in the country is the U.S. Gov&#039;t and they are rapidly decreasing the amounts they need for the very reason that they are running short... Sorry, too wordy, but I guess what I mean is that there are a lot of VARIABLES that people don&#039;t seem to consider when they act like copper &#039;bullion&#039; is some kind of sure bet.[/QUOTE]</p><p><br /></p>

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