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<p>[QUOTE=&quot;towelie, post: 1528483, member: 40200&quot;]Thanks for the replies all but all of my questions were answered in the first few replies. Im just going to continue hoarding these. I have 1 ton of pre82 pennies right now and about 200 pounds of nickels. I have alot of money sitting around in investments thats doing nothing. I am planning on buying 5-10 tons of copper pennies at $2.50 a pound and sitting on them for the next 10-20 years then trickle them back out onto the market at in the $10-$15 per pound range. This is simply a hedge against inflation. I guess if they ever change the law reguarding melting someone could melt them down in the future, but as a coin enthusiast i am never going to melt a single coin. I respect the hobby/business too much to do that.</p><p><br /></p><p>The deal with the nickels is simple its 75% copper and 25% nickel. Nickel is at $7.40 per pound. The current melt value of these is basically the same as the face value right now. Hence the hoarding. We know demand and inflation is going to push prices up in the future. So im pulling every single one i get out of circulation.</p><p><br /></p><p>I have noticed that banks are really getting stingy on giving out coins anymore. I used to be able to go to the bank and get as many rolls as i wanted. Now all i get for an answer is they dont have any. Come on how can a bank not have any coins to give out. :devil:[/QUOTE]</p><p><br /></p>

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