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<p>[QUOTE="Copper Head, post: 1607186, member: 26489"]Investopedia</p><p>September, 2012</p><p><br /></p><p><br /></p><p>Stocks and bonds are common investment vehicles which are owned, directly or indirectly, by investors and pension holders. Metals also have a market value; silver and gold, for example are traded daily. Other metals also have value and a new breed of investors is emerging: the coin hoarder.</p><p><br /></p><p><b>What's in Your Change?</b></p><p>All American coins are made from a variety of base metals. Prior to 1965, dimes and quarters were made primarily of silver, until the soaring cost of silver forced the United States Mint to change the composition of the coins to a cheaper alloy. Prior to 1982, pennies were composed of 95% copper, until lower-cost zinc replaced a substantial amount of it. Nickels are still composed of 25% nickel and 75% copper. As the underlying values of the metals rise, the coins become theoretically more valuable. At today's prices for copper and nickel, a five-cent piece is worth almost seven cents. There's a catch, however. Since 2006, it has been illegal to melt down pennies and nickels. </p><p><br /></p><p><a href="http://www.investopedia.com/financial-edge/0912/why-are-people-hoarding-coins.aspx?partner=vcb&utm_campaign=inv-tbl-forexa-feed-111212&utm_source=tbl&utm_medium=cpc&utm_content=adg-na_adv-na_mtp-na_adc-con_adf-mix_ptp-cp_geo-us#axzz2H4BQqaC8" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.investopedia.com/financial-edge/0912/why-are-people-hoarding-coins.aspx?partner=vcb&utm_campaign=inv-tbl-forexa-feed-111212&utm_source=tbl&utm_medium=cpc&utm_content=adg-na_adv-na_mtp-na_adc-con_adf-mix_ptp-cp_geo-us#axzz2H4BQqaC8" rel="nofollow">Read the rest</a></p><p><br /></p><p>I believe this is a growing trend. Of course I'm sure there are no hoarders here at CT.[/QUOTE]</p><p><br /></p>
[QUOTE="Copper Head, post: 1607186, member: 26489"]Investopedia September, 2012 Stocks and bonds are common investment vehicles which are owned, directly or indirectly, by investors and pension holders. Metals also have a market value; silver and gold, for example are traded daily. Other metals also have value and a new breed of investors is emerging: the coin hoarder. [B]What's in Your Change?[/B] All American coins are made from a variety of base metals. Prior to 1965, dimes and quarters were made primarily of silver, until the soaring cost of silver forced the United States Mint to change the composition of the coins to a cheaper alloy. Prior to 1982, pennies were composed of 95% copper, until lower-cost zinc replaced a substantial amount of it. Nickels are still composed of 25% nickel and 75% copper. As the underlying values of the metals rise, the coins become theoretically more valuable. At today's prices for copper and nickel, a five-cent piece is worth almost seven cents. There's a catch, however. Since 2006, it has been illegal to melt down pennies and nickels. [URL="http://www.investopedia.com/financial-edge/0912/why-are-people-hoarding-coins.aspx?partner=vcb&utm_campaign=inv-tbl-forexa-feed-111212&utm_source=tbl&utm_medium=cpc&utm_content=adg-na_adv-na_mtp-na_adc-con_adf-mix_ptp-cp_geo-us#axzz2H4BQqaC8"]Read the rest[/URL] I believe this is a growing trend. Of course I'm sure there are no hoarders here at CT.[/QUOTE]
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