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Opinions on picking up 5-10 pounds of copper a month?
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<p>[QUOTE="10gary22, post: 1165001, member: 23626"]Well, I hoard all the copper cents I sort when roll searching. My equation is that they are worth more than face value in metal content and since no more will ever be minted are likely to increase in value numismatically as well as metal content. Suppose I am saving $25 a week. Is it better to put that in a bank at 1% interest or stack a box of copper cents in a storage shed ? Since the coins are worth more than the face, it seems obvious to me. But I understand that it isn't for everyone. I can always transport boxes of copper cents to the bank and cash them in with little problem while it might be more difficult for someone else to do that. My goal is to pull 100,000,000 copper cents at some point. Since I am getting fewer than 500 per box, it's a long term project.</p><p> </p><p>gary[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1165001, member: 23626"]Well, I hoard all the copper cents I sort when roll searching. My equation is that they are worth more than face value in metal content and since no more will ever be minted are likely to increase in value numismatically as well as metal content. Suppose I am saving $25 a week. Is it better to put that in a bank at 1% interest or stack a box of copper cents in a storage shed ? Since the coins are worth more than the face, it seems obvious to me. But I understand that it isn't for everyone. I can always transport boxes of copper cents to the bank and cash them in with little problem while it might be more difficult for someone else to do that. My goal is to pull 100,000,000 copper cents at some point. Since I am getting fewer than 500 per box, it's a long term project. gary[/QUOTE]
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Opinions on picking up 5-10 pounds of copper a month?
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