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<p>[QUOTE=&quot;wagsthadog, post: 1348642, member: 35632&quot;]Hi all-</p><p><br /></p><p>Ok, not to toot my own horn or anything, but I have been a penny/dime/nickel/half sorter for over 5 years now, and I have literally sorted over a million individual cents. I have proof!<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>That said, I used to sell my pennies as fast as I could sort them, but I started thinking about the potential upside. The thing to remember is how many TIMES your profit increases.</p><p><br /></p><p>For instance, I know all the arguments about gold/silver over copper, and I agree with all of them- g/s are lighter, more valuable, more recognized, and more liquid. But if you can sell a one cent copper for two cents...you just doubled your money! Not much when you talk about .01c, but try $10,000 in copper cents- now it&#039;s $20,000! Pennies have S L O W L Y been creeping up to about 1.5/1.6 times face, I think once we break the psychological barrier of 2 times face and more news stories break about pennies it will be off to the races. If Gold goes from $1600 to $1900, and silver from $30 to $45, these are all GREAT! increases, but they dont even come close to doubling your money-assuming copper cent prices ONLY double...!</p><p><br /></p><p>I know about all the counter-arguements; the time invested, the money could be used better elsewhere, where will you sell, how will you ship/transport, etc. Believe me, once the melt ban is lifted and prices go up just a little it&#039;s game on. The scrappers will be on this game so fast it will make our heads spin. All I know is I have sold thousands of dollars face value of copper pennies and I am now a hoarder. </p><p>JMO</p><p><br /></p><p>wags[/QUOTE]</p><p><br /></p>

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