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<p>[QUOTE=&quot;cladking, post: 9711, member: 68&quot;]Copper never actually got up high enough to make a penny worth more than one cent.&nbsp; The high water mark for copper was around $1.46 if memory serves, which is just short.&nbsp; There was a cent shortage at the time and premiums were being paid so that businesses could make change.&nbsp; Remember that a penny was worth nearly four cents in our money now so it was more important to be able to make change.&nbsp; </p><p><br /></p><p>There&#039;s really little sense in saving any coin until its value exceeds its face.&nbsp; Of course if you wait you&#039;ll be competing with millions of others and the fed so you won&#039;t be able to get them.&nbsp; If you want to invest in copper it would be more cost effective to buy stocks or futures or even slabs since you&#039;ll get more for your money and they are easier to handle.</p><p><br /></p><p>There are some huge surprises brewing in all modern coins and this really includes the cents to an extent.&nbsp; In addition to the many rare varieties which have been overlooked for decades there are even regular issues being overlooked.&nbsp; Significant numbers of all the cents have been saved in rolls and bags over the years despite a huge drop off in savings rates in 1965 as mint marks disappeared, silver was removed from circulation, and regular mint and proof sets were discontinued.&nbsp; Worse yet the government promised the 1965 date would be used for the foreseeable future and the roll market for earlier BU coins was collapsing under these loads.&nbsp; Collectors left the hobby in droves and few bothered to continue their collections past 1964.&nbsp; </p><p><br /></p><p>These ubiquitous rolls and bags of the earlier dates have been flooding back into circulation for decades. The less common later dates have been trickling back.&nbsp; While probably there are still plenty enough of most dates to go around, those who actually collect the later coins have found some important anomalies.&nbsp; For instance all of the 1968 mint set cents have carbon spots!!&nbsp; On some these spots are still very small yet about 95% of these coins are essentially ruined coin collectors&#039; eyes.&nbsp; 1984 cents (zinc) are little better and the individual damage tends to be even more severe.&nbsp; In the not so distant future it&#039;s entirely possible that some later coins will only be found nice in circulation.&nbsp; Oh sure, this is an outside possibility but it&#039;s a certainty that future collectors are going to wonder how we allowed these situations to develop and they will treasure some of the coins we&#039;ve ignored so long.[/QUOTE]</p><p><br /></p>

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