is it worth saving copper pennies?

[franklin half]

is it really worth saving copper pennies. how you sell/get rid of them? i've thought about selling to a scrap metal place. my dad said thay wont take them.

 

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[d2arcing]

ebay...

 

[silverfinder20]

its an investment that may take decades in order for you to see a significant profit (15x face value). However, it is an investment that will always gurantee a 100% return. All you have is something to gain from this. But if you don't have the time and space for it than don't do it. Copper may be as hot as silver is now 30 years from now. It is hard to tell where the market for precious metals will be in the future. Precious metals tend to always increase in the long run and take occasionaly dips in the short run.

 

[franklin half]

thanx

 

[enamel7]

I realize you are a new member, but a lot of your questions can be answered by reading past post. This topic has been brought up twice at least in the past week. My advice is to do a lot of reading to find out about this great hobby of ours. Especially the first topic at the top of the page.
HH
enamel7

 

[dmb062082]

Penny searching profits can be quite astonishing. Do NOT let the term penny scare you. The great thing is its a risk free investment as your not paying anything extra for a the penny. Once obtained you… at least presently triple your investment. They are worth almost three cents.

But you cant melt them down yet. If you have learned anything about our economy it should be its art of inflation. Just hold on to them... the price will rise. Your kids will be happy you did!

I am just getting into this hobby, and made a video and blog post about penny searching. Its a lot of fun. You can view it here.

 

[sagittarius98]

Do NOT let the term penny scare you.

It scares me, because it's a CENT, not a "penny."