by Recyclersteve » Wed Jul 26, 2017 12:49 am
It has been a while since I posted to this thread. I decided to include the details of a $25 box of pennies that I just hand sorted. The box was obtained about a year ago and I finally went through it this month. Here are the details:
Pre '82 coppers 358
'82 coppers 27 (also 11 '82 zincs)
Wheaties 9 (found a 1929 in there)
TOTAL COPPERS 394 (15.76% of box)
Canadians 7 (6 were pre '97- 1 of these was from 1950)
Note that I don't save ugly or mutilated coppers- they go back to the bank and aren't included in the numbers above.
With copper today going above $2.80 a pound for the first time since roughly April, 2015, I'm surprised that copper isn't getting a bit more attention on this site.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.