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<p>[QUOTE=&quot;Pocket Change, post: 206859, member: 8012&quot;]<b>There are Pros and Cons</b></p><p><br /></p><p>I&#039;ve actually looked into this a bit since my main source of coins is daily circulating change.</p><p><br /></p><p>The Pros:</p><p>a.&nbsp; They&#039;re only pennies (or nickels), so investment is essentially 0.</p><p>b.&nbsp; Easy to obtain at face and if you ask people, most will give them to you for free!!!</p><p>c.&nbsp; It is true that the metal in a penny is worth .02 and will likely be at least that in the future - a nickel currently has about .08 metal value.</p><p>d.&nbsp; If you already go through your change, it&#039;s not a real big effort to put the pre-1983&#039;s aside (and maybe even the nickels).&nbsp; Unless you start hoarding operations, they don&#039;t take up that much space.</p><p>e.&nbsp; You are risking absolutely nothing.&nbsp; If you get tired of it, just take them to the bank and get your .50 per roll.</p><p><br /></p><p>The Cons:</p><p>a.&nbsp; It IS only a penny and you need a whole lot to add up to anything - so this is not a &quot;get rich quick&quot; scheme!</p><p>b.&nbsp; The price of copper (or nickel) will have to go through the roof before you&#039;ll be able to easily sell it for its metal content&nbsp; I don&#039;t think this is going to happen anytime soon - and yes, there is the ban on melting them down too <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p>c.&nbsp; Even if and when they can be melted down, my understanding is that it will be costiier to get the metals out of pennies and nickels than it is for silver coins.&nbsp; Thus, there will be a bigger spread between buy and sell.</p><p><br /></p><p>I guess my take on this is:&nbsp; why not put them aside if you&#039;re already checking your coins.&nbsp; Nothing to lose, but don&#039;t expect any kind of return anytime soon!!![/QUOTE]</p><p><br /></p>

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