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<p>[QUOTE="littlehugger, post: 2476390, member: 58633"]The current cent does cost about 1.5 cents to make, but that includes labor, etc. Its value is still less than a cent for its metal content.</p><p> Given enough time, and demand, the old copper cents will eventually have more than face value, but right now, their metal value barely exceeds their face value. Not to mention, it takes a LOT of cents to add up to real money. </p><p> If they ever stop making the cent due to costs, lots and lots of people will flood the market with hoarded copper cents, value will quickly decrease to below face value, at least until the vast supplies are expended.</p><p> If you want to save copper, save nickels. They are 75% copper, despite their name and appearance. and you don't have to squint at the date, or weigh the 1982 ones.</p><p> These are small denomination coins, and available easily in bulk, for face value. You can put them away, and let your kids or grand kids profit off them, eventually. Look at the market for common date Wheaties, because they are almost unavailable in circulation.</p><p> One day, the current coins of today will be the collectible coins of tomorrow.[/QUOTE]</p><p><br /></p>
[QUOTE="littlehugger, post: 2476390, member: 58633"]The current cent does cost about 1.5 cents to make, but that includes labor, etc. Its value is still less than a cent for its metal content. Given enough time, and demand, the old copper cents will eventually have more than face value, but right now, their metal value barely exceeds their face value. Not to mention, it takes a LOT of cents to add up to real money. If they ever stop making the cent due to costs, lots and lots of people will flood the market with hoarded copper cents, value will quickly decrease to below face value, at least until the vast supplies are expended. If you want to save copper, save nickels. They are 75% copper, despite their name and appearance. and you don't have to squint at the date, or weigh the 1982 ones. These are small denomination coins, and available easily in bulk, for face value. You can put them away, and let your kids or grand kids profit off them, eventually. Look at the market for common date Wheaties, because they are almost unavailable in circulation. One day, the current coins of today will be the collectible coins of tomorrow.[/QUOTE]
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