Copper hoarders.

[Dozer D]

Have not seen any posts lately as to copper penny hoarders. Have not done any pennies myself in months. Are the findings ratio still about 15% +/-?
I always liked doing cents, can count on finding something at least , and not get skunked.

 

[lockster99]

About that for me. Closer to 20% most times.

 

[forkliftdriver]

I'm Averaging around 25% recently. Been selling them for 1.25 cents apiece.

 

[GlenDronach]

I've been keeping those only in good shape- no verd, no gouges/scratches, or other PMD.

I'm sure I am still at about 20% overall, but I'm only keeping about 50-100 per box.

 

[Dozer D]

Forgot to also ask, what is the latest news of U.S. GOVT plans to discontinue the penny like Canada did, and what about the market trends & forecasts of copper production & prices.

 

[enamel7]

No new news as far as I know.

 

[CincinnatiKid]

I've recently bought/searched bags of wheats, (5000 per bag), for $185. Found a few keepers, Indians, small silver, etc.
I leave teens, twenties, and thirties that I have in better condition.
Is it worth holding on to copper?
Thanks
Peace ✌

 

[GlenDronach]

Not really worth it. Many people are only getting a 25% return if they sell them, which when you think of the time, really isn't worth it.

I only keep them as a byproduct of filling a cent book.