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Is Hoarding Pre-1982 Copper Cents Pointless!
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<p>[QUOTE="kookoox10, post: 1340239, member: 31129"]And these questions bring up another interesting scenario. It's a matter of when, not it, the government decides to axe the cent or change the composition so that it's more in line with their cost. Does anybody think this will drive up the price of the actual pre-82 coins and facilitate more hoarding by the general public? I doubt this move will sway the overall price of copper or pass a bill to melt them freely. But does anyone think this might drive the prices up on the coins themselves?[/QUOTE]</p><p><br /></p>
[QUOTE="kookoox10, post: 1340239, member: 31129"]And these questions bring up another interesting scenario. It's a matter of when, not it, the government decides to axe the cent or change the composition so that it's more in line with their cost. Does anybody think this will drive up the price of the actual pre-82 coins and facilitate more hoarding by the general public? I doubt this move will sway the overall price of copper or pass a bill to melt them freely. But does anyone think this might drive the prices up on the coins themselves?[/QUOTE]
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