Copper and Zinc Pennies

I have saved a whole lot of copper pennies both US and Canadian over the years. Recently went to a coin dealer to ask what they might be worth. Not much because the price of uncirculated rolls for most dates is a small premium over face. The value of the copper doesn't come into it presumably because it is very illegal to melt legal tender coins. Therefore the "real" value can not be realized. Nonetheless the "real" value is there and I am not getting rid of my pennies even though they are very You can bounce them if you don;t feel like weighing. The coppers ring and the zincs go plunk. They look and feel different to. I think the coppers need to disappear from circulation before they are worth something, so keep mining.

I always mark my dump rolls with a Z for zinc, so if you come across one do me a favor and check through it. Make sure I didn't miss any. :-)





mostly 3.1 grams for the "real" pennies--did this a few months ago-about 1/3 of pennies from the bank are pre 1982 95% cooper-- did manage to separate $25 worth of 95% copper pennies which i think is $40 worth of copper. Easy to do when watching aimless TV or Endlessmountain--ha ha just kidding. Good point on the pennies--a copper peny saved is MORE THAN a penny earned.

I call the Zinc pennies the "fake" ones.

--Van

P.S. I always buy some copper when I put in a Silver order.

Copper Sell-Off a Buying Opportunity

Mar. 10 2011 | Mathew Kaleel, co-founder & portfolio manager at H3 Global Advisors says the supply issues in commodities, especially copper, make any correction a buying opportunity.

Gold, Copper Due for Pullback

Feb. 14 2011 | Copper and gold prices have seen a run-up and John Licata, Chief Commodity Strategist at Blue Phoenix says they are now due for a correction. He tells CNBC's Karen Tso and Martin Soong what looks attractive to him now in the commodities space.

Cliff Natural Resources Shares Up 5.8% Following Record Copper Prices

"Cliff Natural Resources (NYSE:CLF) shares are trading 5.79% higher at $92.58 following record copper prices and on heavy demand from China.

Copper for March delivery rose $0.09 to $4.63 per pound on the NYSE.

Cliffs Natural Resources has a potential upside of 13.8% based on a current price of $92.48 and an average consensus analyst price target of $105.25."

COPPER & NICKEL as Alternate Inflation Hedges

Posted December 14, 2006 on the US Mint Website:

The United States Mint has implemented regulations to limit the exportation, melting, or treatment of one-cent (penny) and 5-cent (nickel) United States coins, to safeguard against a potential shortage of these coins in circulation. The United States Mint is soliciting public comment on the interim rule, which is being published in the Federal Register.
Specifically, the new regulations prohibit, with certain exceptions, the melting or treatment of all one-cent and 5-cent coins. The regulations also prohibit the unlicensed exportation of these coins, except that travelers may take up to $5 in these coins out of the country, and individuals may ship up to $100 in these coins out of the country in any one shipment for legitimate coinage and numismatic purposes.


It's a win win situation. If there's deflation they're still worth 1 cents or 5 cents. If there's inflation which there currently is they'll just keep going up. And you risked Zero income. now, America is gonna see a shortage of nickles and copper pennies........Great idea for the kids to get involved an learn the lesson of fiat currency......I would hate to have the kids banging my silver eagles on the table, but then again, who can resist that silver "ting"?

Can the Copper Rally Continue?

Feb. 7 2011 | Discussing what's behind the run-up in commodities prices, with Eric Zuccarelli, independent copper trader.

Rio Tinto CEO on Copper

Jan. 26 2011 | Copper prices are up 32% since August, and the rally has helped shares of mining giant Rio Tinto soar. CNBC's Maria Bartiromo caught up with Rio Tinto CEO Tom Albanese in Davos, Switzerland, and asked him what's causing the rise in copper prices

One Metal to Watch in 2011 : Copper,

When it comes to metals, Sean Brodrick likes gold silver. But there's one metal that, more than most, gives him a reading on what's happening with the global economy. That metal also happens to be a great investment.

Copper Bubble?

Dec. 14 2010 | Upbeat news out of China has propelled copper prices to all-time highs, with David Threlkeld, Resolved Inc. president.

Rio Tinto Sees Effect of Lower Grade Copper on Production to Continue Into 2011

"ADRs of Rio Tinto (RIO) are lower in the pre-market as the company said it expects 2010 mined copper production to come in at 661,000 tonnes, according to a MarketWatch report.

The company also reportedly said it sees the effect of lower grade copper on production to continue into 2011.

Commodities are heading lower overall on Friday, with gold and crude oil both sliding as concerns over European sovereign debt and ongoing tension in the Korean peninsula sent traders to the relative safety of U.S. dollars, driving down prices for basic goods. "

Copper Thieves Target Substations

Massachusetts residents lose power after substation robbery

Copper Demand Outpacing Supply

Oct. 13 2010 | On the back of rising copper prices, Damon Barber, CEO of CST Mining Group, notes that demand for the metal is outpacing supply. He sheds light on the industry, with CNBC's Bernard Lo.

GOLD SILVER COPPER

- George GeroGeorge Gero, senior vice president at RBC Capital Markets, talks about the outlook for commodity prices. Gero speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Copper Demand Strong in Asia

Damon Barber, CEO of China Sci-Tech Holdings, says that copper consumption in Asia is largely driven by the electronics sector, not infrastructure. He tells CNBC\'s Martin Soon, Bernard Lo and Sri Jegarajah, why he is bullish on copper going forward.

Copper and Iron Ore Prices Could Correct Soon

Copper and iron ore prices could see a 30% correction in the near future, warns Paul Heffner, CEO of Gen2 Partners. He makes his case to CNBC's Martin Soong & Sri Jegarajah.

Copper should breakout on higher side

In an exclusive interview with CNBC-TV18, Bharath Kumar, Global Financial Market, discusses various commodities and gives his outlook going forward.

Outlook for Copper Prices after Chile Quake

Nicholas Snowdon of Barclays Capital Commodities Research argues the markets overreacted and the copper market is healthy despite the earthquake in Chile

Copper Soars Most in 11 Months After Chile Earthquake

Copper Jumps Most in 11 Months After Chile Earthquake

March 1 (Bloomberg) -- Bloomberg's Elliott Gotkine reports on the effect of the Chilean earthquake on copper prices. Copper climbed the most in 11 months in New York and mining shares surged after an 8.8-magnitude earthquake in Chile, the worlds biggest producer, forced Codelco and Anglo American Plc to shut mine operations. Bloomberg's Rishaad Sallamat and Maryam Nemazee also speak.

Crude oil pushing much further than $85 per barrel.

Peter McGuire, MD of CWA Global Markets, said at this moment he does see crude oil pushing much further than $85 per barrel.

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Commodities to Watch - Gold Copper

Today's Gold Prices are 53% Below 1980 Peak - Too Expensive for Diwali This Year?; According to Galena Asset Management, Copper May Fall Before 2010 Rally (Bloomberg News)

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