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Is Hoarding Pre-1982 Copper Cents Pointless!
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<p>[QUOTE="dayriser, post: 844747, member: 21610"]I find most of my interesting oddities and errors in the dates prior to '82 so I keep a running jar of them that i put under the microscope a little at a time when I get bored. If I don't find something unusual, they go back into the spending change. I don't bother even keeping the au's from those dates anymore because there are just too many out there. I have also seen guys selling rolls from those dates for $1.25 or so, but they are usually claimed as AU/BU rolls or some such thing. I doubt I could sell a roll of '81's in circulated condition for more than face. As for keeping it as 'bullion' or melt value later, I assume we are talking of a time when they will no longer be minted, however, I don't see that that would clear the way to legally melt U.S. currency. If the melt value of copper were so much greater than the value of a cent, I imagine the government would demand all the pennies be brought to banks to be traded in, like FDR and the GOLD. </p><p> </p><p>B[/QUOTE]</p><p><br /></p>
[QUOTE="dayriser, post: 844747, member: 21610"]I find most of my interesting oddities and errors in the dates prior to '82 so I keep a running jar of them that i put under the microscope a little at a time when I get bored. If I don't find something unusual, they go back into the spending change. I don't bother even keeping the au's from those dates anymore because there are just too many out there. I have also seen guys selling rolls from those dates for $1.25 or so, but they are usually claimed as AU/BU rolls or some such thing. I doubt I could sell a roll of '81's in circulated condition for more than face. As for keeping it as 'bullion' or melt value later, I assume we are talking of a time when they will no longer be minted, however, I don't see that that would clear the way to legally melt U.S. currency. If the melt value of copper were so much greater than the value of a cent, I imagine the government would demand all the pennies be brought to banks to be traded in, like FDR and the GOLD. B[/QUOTE]
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