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corey012778 12-11-2011 04:37 PM

something I heard on the other day
 
I was counting my change and remember hearing that there are people hunting for pennies made in 1982 or older because they are made of copper. the report said people are making millions because of the scrap value.

MountainDevil54 12-11-2011 04:43 PM

yep i saw that too, i forget where it was, maybe the news? but the guy they showed had like 6 or 8 5 gallon buckets filled to the top. It costs more to make a penny these days than what its worth.

corey012778 12-11-2011 05:01 PM

I am saving the copper jackets from my range lead. going sort and find the way to melt what lead is left and an magnet to get the steel cases out.

the newer pennies are made out of zinc and copper plated

Muley Hunter 12-11-2011 05:51 PM

I think that was 1902. Or was it 62?

corey012778 12-11-2011 05:54 PM

1902. would be save for another reason. and we did not want to know when you where born. j/k

Muley Hunter 12-11-2011 05:57 PM

I just looked it up. You were close. Before 1981 is copper.

corey012778 12-11-2011 06:07 PM

the radio dj who got it wrong. the researcher any way

Breechplug 12-11-2011 08:06 PM

I've been Collecting Coins for over 35 Years, sure Copper is Up, but do you know how many Pre 1982 Pennys you have to have to make a Profit, A-LOT.
If you want to Invest in Precious Metals, Buy Some SILVER, GOLD's to Expensive but Silver still has Plenty of Growing Room.
(BP)

Muley Hunter 12-12-2011 04:51 AM

I believe the guy in the report had made $360,000 so far on pennies. He had his whole family involved sorting them.

corey012778 12-12-2011 03:20 PM


Originally Posted by Breechplug (Post 3888534)
I've been Collecting Coins for over 35 Years, sure Copper is Up, but do you know how many Pre 1982 Pennys you have to have to make a Profit, A-LOT.
If you want to Invest in Precious Metals, Buy Some SILVER, GOLD's to Expensive but Silver still has Plenty of Growing Room.
(BP)

love to do that. but copper will help feed my habit right now. not counting scrip iron. ;)


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