Is Hoarding Pre-1982 Copper Cents Pointless!

Discussion in 'Bullion Investing' started by dctjr80, Mar 21, 2010.

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Should You Hoard, Savings Account, or Just Spend Normally Pre-1982 Copper Cents?

  1. Yes, Hoard them and guard them with your life!!!

    134 vote(s)
    60.9%
  2. Don't Be Silly, earn interest and put them into a Savings Account!!!

    29 vote(s)
    13.2%
  3. It's a Cent, Just Spend IT Already!!!

    57 vote(s)
    25.9%
  1. kookoox10

    kookoox10 ANA #3168546

    That's easy, the forearm forklift straps! As seen on tv!
     
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  3. Doug21

    Doug21 Coin Hoarder

    the grade is irrelevant unless you are talking like MS-67 level. Either keep all or none of them. I don't bother with them.
     
  4. Doug21

    Doug21 Coin Hoarder

    Sounds like you do it for the hobby aspect of it.

    If copper cents could be sold for 3 cents and wheats for 5 cents....could you make even $5/ hour sorting cents ?
     
  5. nejeff

    nejeff New Member

    Exactly right. Just for the fun of it and gets the kids involved. Probably would not be a good business model but I have read that people actually do this for a living. I'm doing it as a fun way to save $$$ and gets the kids interested in coins
     
  6. sunflower

    sunflower New Member

    How expensive is a compariter machine?
    Thank you for all your answers and insight to your experience.
     
  7. nejeff

    nejeff New Member

    I have $40.00 in the machine & about $3.00 in wood for a stand I threw together. They make consumer machines that cost $400 & $500 (Ryedales) but mine does what it needs to.
     
  8. Cazkaboom

    Cazkaboom One for all, all for me.

    Are you using the Penny miser?
     
  9. nejeff

    nejeff New Member

    It's one that is basically the same. May actually have the same mechanical compariter, not sure. Bought it off Ebay
     
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