Hoarding pennies is as lame as hoarding paper dollars.

[VWBEAMER]

"If you could find a pre 1982 penny, it would be a nice conversation piece...."

http://www.kitco.com/ind/VanEeden/may082006.html

Guess we are all lucky that we can find pre 1982 pennies....and i even keep a few 1of the 1982 also...LOL

[doug]

Guys like that keep everyone in the dark longer so we have more time to find the copper.

[Morsecode]

My fav quote:

"You didn't really think the government would mint coins at a loss, did you?"

LOL!!!

Runner-up:

"Most of the pre-82 pennies have been melted to make the new copper coated zinc cents..."

This would be even funnier except that it's on Kitco's page, who, even though they are often enough too much like the National Enquirer, are supposed to be a legitimate news source for metals.

[blackrabbit]

I love it when ignorant folks pretend they are so smart and knowledgable. Must take a set a large copper/zinc balls to rant on subjects you know very little about. "You didn't really think the government would mint coins at a loss, did you?" Hello? Anyone in there?

[AGgressive Metal]

Looks like that article was from 2006?

[shinnosuke]

Looks like that article was from 2006?

Yep. Somebody should write the author and ask if he is still willing to stand by what he wrote, especially considering all the "conversation pieces" the participants on this website have found since he wrote it.

[Lemon Thrower]

Van Eden thought gold was worth only $757 when the market was valuing it at $975.

http://www.paulvaneeden.com/the.gold.model.updated

[68Camaro]

Huh. That was a worth a good laugh over morning coffee!

[Diggin4copper]

He says it will cost 10,000 dollars to store and transport 3 tons of pennies...... I hadnt thought about that expense.... maybe I should re think this hobby..

[barrytrot]

He says it will cost 10,000 dollars to store and transport 3 tons of pennies...... I hadnt thought about that expense.... maybe I should re think this hobby..

I saw that part also. That's very ignorant. If transporting 1 ton cost $3,333 dollars then milk would be $100 a bottle. All non-local ANYTHING would be impossible to sustain.

That's probably the most ignorant statement I've read recently.

[NickelExpress]

He says it will cost 10,000 dollars to store and transport 3 tons of pennies...... I hadnt thought about that expense.... maybe I should re think this hobby..

I saw that part also. That's very ignorant. If transporting 1 ton cost $3,333 dollars then milk would be $100 a bottle. All non-local ANYTHING would be impossible to sustain.

That's probably the most ignorant statement I've read recently.

It was music to my ears, I plan to show that article to anyone who mentions they are thinking about hording copper cents to me

[Snake42]

This made me lol.

[psi]

I guess that was before the melt ban too, funny that he thought it was a lame idea even when you could melt legally. Typical fluff piece, just grab a few stats from the net and gloss over any missing information. He had no information on how many copper pennies were in circulation or what the costs would be to handle them so he just made it up. Coins supposedly last for 30 years so it becomes a matter of "if" you can even find one copper penny, yeah right.

[tinhorn]

He says it will cost 10,000 dollars to store and transport 3 tons of pennies...... I hadnt thought about that expense.... maybe I should re think this hobby..

I agree--you should. You haven't got a Ryedale you'll need to be selling, do you?

I'm guessing a guy could buy an old school bus for under a grand, and use it to easily transport a few tons.

[slickeast]

$10,000 to transport 3 tons of pennies. What its he using to haul them? I could load 3 tons onto my tandem axle trailer and haul them with my F-150 from SC to Cali, up to Washington, back to NY then drive home to SC and not spend half that much .

[Diggin4copper]

He says it will cost 10,000 dollars to store and transport 3 tons of pennies...... I hadnt thought about that expense.... maybe I should re think this hobby..

I agree--you should. You haven't got a Ryedale you'll need to be selling, do you?

I'm guessing a guy could buy an old school bus for under a grand, and use it to easily transport a few tons.

HAha.. I live pretty close to you, so I see why you are trying to get me to stop... I will rent you my Rydale over the summer if you want.. when my boat is in the water I wont have much time to sort...Diggin

[exbingoaddict]

Van Eden has encouraged me. I'm going to write an article about nuclear submarines. The only research I have ever done was to tour a decommissioned WWII era submarine. So given Van Eden's backround on copper cents, I feel my limited tour has given me the knowledge to write on topics I'm mostly clueless on. Never let the facts stand in the way of a story.

[AGCoinHunter]

Van Eden has encouraged me. I'm going to write an article about nuclear submarines. The only research I have ever done was to tour a decommissioned WWII era submarine. So given Van Eden's backround on copper cents, I feel my limited tour has given me the knowledge to write on topics I'm mostly clueless on. Never let the facts stand in the way of a story.

Write all you want, I just pray no one lets you drive one!

[Lemon Thrower]

3 tons is about 88 flat rate boxes. now you and your mailman will definitely have a sore back but I think you could get it done for less than a grand.

[inflationhawk]

3 tons is about 88 flat rate boxes. now you and your mailman will definitely have a sore back...

And a score to settle!

[exbingoaddict]

Write all you want, I just pray no one lets you drive one!

Better to have me driving then working the weapons room. I might accidently create a reenactment of Tunguska. 'Hey what's code do if I punch it in? Uh oh...'

[AGCoinHunter]

Write all you want, I just pray no one lets you drive one!

Better to have me driving then working the weapons room. I might accidently create a reenactment of Tunguska. 'Hey what's code do if I punch it in? Uh oh...'

I dont know, those things dont have any windows...

[VWBEAMER]

Most people envision a ton of pennies taking up the same amount of room as a small car...LOL

I agree, it's better that people don't know yet, but one day it will be better if everyone recognized copper pennies as something valuable.

[exbingoaddict]

I dont know, those things dont have any windows...

What?!?! Next you're going to claim they don't have rear view mirrors and fuzzy dice.

[Sheikh_yer_Bu'Tay]

Van Eden has encouraged me. I'm going to write an article about nuclear submarines. The only research I have ever done was to tour a decommissioned WWII era submarine. So given Van Eden's backround on copper cents, I feel my limited tour has given me the knowledge to write on topics I'm mostly clueless on. Never let the facts stand in the way of a story.

Yup. And the Associated Press does it everyday!