Message:

<p>[QUOTE=&quot;littlehugger, post: 2485565, member: 58633&quot;]There are other factors in play besides just the melt value.</p><p>If cents did become marginally profitable, the vast numbers of them out there, being turned in for melt value, would quickly lower the price, thus making it unprofitable. Not to mention, eliminate a big source of demand at the mint.</p><p>I saw this with silver back in the 60&#039;s. Once the frenzy died down, silver was low for a long time, and still is relatively. PM value is a long term game.</p><p>&nbsp;There are those who hoard copper cents. Fine, but don&#039;t expect a profit until your grandkids sell, or their kids.</p><p>Wheaties slowly appreciated, now copper cents are doing so, and eventually, so will those zinc abominations. Mostly because the zincs deteriorate so easily and rapidly.</p><p>&nbsp;Look in any coin magazine and see all the ads for common date coins. One day, lowly cents, nickels and cupro-nickel coins will be selling over face in those ads, but not anytime soon.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in