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Should we be jumping on the penny hoarding bandwagon??
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<p>[QUOTE="model77, post: 1321669, member: 34102"]at todays spot .90 face is worth 20.98, 23 times it's origional value. Is that a good return on investment for 42 years?</p><p><br /></p><p>Someone get out their crystal ball. What will copper spot be in 40 years?</p><p>Will pennies have been discontinued by then?</p><p>Will we be able to melt pennies?</p><p>Will pennies be worth enough to trade like Junk silver is today and therefor not need to be melted?</p><p><br /></p><p>Very interesting thread. Short term I don't think it would be worth it for me to collect copper pennies. But for my two year old daughter? A closet full of pennies could come in very handy if they end up being worth a dollar or two each as she enters middle age, or retirement!!</p><p><br /></p><p>I just tried to picture my little girl as a old lady. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> So weird to think that is going to happen![/QUOTE]</p><p><br /></p>
[QUOTE="model77, post: 1321669, member: 34102"]at todays spot .90 face is worth 20.98, 23 times it's origional value. Is that a good return on investment for 42 years? Someone get out their crystal ball. What will copper spot be in 40 years? Will pennies have been discontinued by then? Will we be able to melt pennies? Will pennies be worth enough to trade like Junk silver is today and therefor not need to be melted? Very interesting thread. Short term I don't think it would be worth it for me to collect copper pennies. But for my two year old daughter? A closet full of pennies could come in very handy if they end up being worth a dollar or two each as she enters middle age, or retirement!! I just tried to picture my little girl as a old lady. :eek: So weird to think that is going to happen![/QUOTE]
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