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The Price of Copper
There's a thread over on the PCGS boards about the rising price of
copper -- currently up to about $1.33 a pound. If there are approximately 150 copper cents in a pound, we're getting close to the point where it will be profitable to *melt* pre-1982 cents. Alan, better increase your hoarding velocity :-). -- Bob |
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"Bob Flaminio" wrote in message ... There's a thread over on the PCGS boards about the rising price of copper -- currently up to about $1.33 a pound. If there are approximately 150 copper cents in a pound, we're getting close to the point where it will be profitable to *melt* pre-1982 cents. Alan, better increase your hoarding velocity :-). -- Bob How do you go faster than fast? ;-) I'm certainly not going to invest in Lincolns as Bullion. ;-) In other words, don't spend the rent money on coin collecting (or searching). With copper/zinc running about 45/55 in the rolls I've been getting, I think there is still plenty of time! Alan 'does about 2000 Lincolns/month' |
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On Wed, 18 Feb 2004 08:01:18 -0800, "Bob Flaminio" is alleged
to have written: There's a thread over on the PCGS boards about the rising price of copper -- currently up to about $1.33 a pound. If there are approximately 150 copper cents in a pound, we're getting close to the point where it will be profitable to *melt* pre-1982 cents. Alan, better increase your hoarding velocity :-). It's because of Alan's hoarding that the price is rising. :-) Bruce |
#4
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From: "Bob Flaminio"
we're getting close to the point where it will be profitable to *melt* pre-1982 cents. Careful. Phil flamed me in 1998 for making this very prediction. 8-0 Coin Saver |
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Bruce Hickmott wrote:
Alan, better increase your hoarding velocity :-). It's because of Alan's hoarding that the price is rising. :-) Alan Williams -- the "Hunt Brother of Copper" :-D -- Bob |
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"Bruce Hickmott" wrote in message ... On Wed, 18 Feb 2004 08:01:18 -0800, "Bob Flaminio" is alleged to have written: There's a thread over on the PCGS boards about the rising price of copper -- currently up to about $1.33 a pound. If there are approximately 150 copper cents in a pound, we're getting close to the point where it will be profitable to *melt* pre-1982 cents. Alan, better increase your hoarding velocity :-). It's because of Alan's hoarding that the price is rising. :-) Bruce SHHHHHH!!! shhhhh! Alan 'conducting myself copperly' |
#7
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"Bob Flaminio" wrote in message ... There's a thread over on the PCGS boards about the rising price of copper -- currently up to about $1.33 a pound. If there are approximately 150 copper cents in a pound, we're getting close to the point where it will be profitable to *melt* pre-1982 cents. Actually, I've been putting those aside for a few years. I am in the process of separating them by date and mm and counting them. I will post the distribution in this group. Of course, living in the east, I have a disproportionate number of P-mint coins and almost no S-mint. I wanted to find a set of evenly matched chocolate brown XF coins to match a similar wheat set I managed to get from a few wheat rolls I have. The only problem is that as I get older, it becomes more and more difficult to read the dates on the cents without a magnifier of some sort. I'm going to have to move to dollars or something with a much larger date. -- Richard ANA# R-176949 http://home.netcom.com/~richlh |
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The only problem is that as I get older, it becomes more and more difficult
to read the dates on the cents without a magnifier of some sort Hope you have better luck than me! I am still sitting on around 20 lbs of cents that I cannot search. The headaches I get looking through a magnifier are just too much. Mike |
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"Lyntoy1" wrote in message ... The only problem is that as I get older, it becomes more and more difficult to read the dates on the cents without a magnifier of some sort Hope you have better luck than me! I am still sitting on around 20 lbs of cents that I cannot search. The headaches I get looking through a magnifier are just too much. Mike I'm using a 4x lens, a pretty big one. Be sure you give yourself good working conditions and go in short stretches. I lay out a green felt piece that's about 24 by 48 inches, and try not to 'do' more than 20 or 30 coins without taking a walkaway, letting the eyes readjust, etc. I'm under 5 60 watt lightbulbs in a 'Mission Style' candelabra, pointing up at a white ceiling. strong light, but indirect, it fills the room. I don't work when direct sunlight is coming through the windows. Alan 'much practiced' |
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