willy13 wrote:ill never melt. i will either leave them to my kids or sell/trade similar to junk silver coins if copper goes way up.
joemac wrote:Well they are almost worth three cents now, they will be worth much more in the future. Personally I am holding and may sell to someone looking to invest in hard assets. Similar to what people have done with junk silver. If the dollar fails, I'd suspect they will be worth quite a bit more than what they are now. I'm hoping 10x face. Hey, we're allowed to dream right?
everything wrote:Sorry twoten, I just did not see why silver would be going down so significantly in price.
I would also fear the government saying they own all those copper pennies and calling them in..
John_doe wrote:joemac wrote:Well they are almost worth three cents now, they will be worth much more in the future. Personally I am holding and may sell to someone looking to invest in hard assets. Similar to what people have done with junk silver. If the dollar fails, I'd suspect they will be worth quite a bit more than what they are now. I'm hoping 10x face. Hey, we're allowed to dream right?
If the dollar collapses it may return to the original exchange vs gold/silver!![]()
I think I could spring 2000 coppers for a gold double eagle, or 100 for a 1 oz silver round. I'm thinking copper will be more widely traded than gold/silver in this scenario also.
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