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 Hoarding Bullion Coins and Metals Forums
 Hoarding Copper Bullion Pennies
 A 1943 Copper Penny!
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hector6man
Penny Sorter Member


USA
72 Posts

Posted - 05/05/2008 :  01:42:01  Show Profile Send hector6man a Private Message  Reply with Quote
What would you do if one day you where sorting and you came across a 1943 Copper Penny?
PocketChangeLottery.com say that it's worth $200,000.00 dollars. I would buy me two Rydales and start sorting more copper then ever before. I would buy more copper pennies then Hoard Copper By the Ton had in his safe. What would you do?

"Ninety-nine percent of the failures come from people who have the habit of making excuses." -George Washington

El Dee
Penny Pincher Member



USA
235 Posts

Posted - 05/05/2008 :  09:52:26  Show Profile Send El Dee a Private Message  Reply with Quote
Buy $200,000 worth of gold.
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WilliamC
Penny Collector Member



USA
471 Posts

Posted - 05/05/2008 :  11:45:17  Show Profile Send WilliamC a Private Message  Reply with Quote
Pay off my house.

Remodel my house.

Upgrade a vehicle.

Invest.

Sorting In Northwest Mississippi
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hector6man
Penny Sorter Member



USA
72 Posts

Posted - 05/05/2008 :  12:34:24  Show Profile Send hector6man a Private Message  Reply with Quote
I think I would keep it till 10 years from now. I would love to sell some thing like that for over 1,000,000.00 dollars. But then if I did sell it I would buy all the silver I needed for it. El Dee thats smart I would buy as much Gold, Silver for the next Greater Depression coming...

"Ninety-nine percent of the failures come from people who have the habit of making excuses." -George Washington

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moboman
1000+ Penny Miser Member



USA
1334 Posts

Posted - 05/05/2008 :  15:11:06  Show Profile Send moboman a Private Message  Reply with Quote
I would send it to a grading service. Then probably sell it.

I have a hard time resisting the temptation to take a wheat penny out of the take a penny cup when I see one!
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Art Tatum
Penny Collector Member



USA
395 Posts

Posted - 05/05/2008 :  20:21:46  Show Profile Send Art Tatum a Private Message  Reply with Quote
sell it after slabbin and buy an AMC pacer or gremlin!

my machine is running!
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knibloe
Penny Hoarding Member



USA
537 Posts

Posted - 05/05/2008 :  21:43:42  Show Profile Send knibloe a Private Message  Reply with Quote
Certify it, sell it,

Pay off the house
Remodel the house, garage, barn.
Buy a car for my wife
Buy a tractor for me
Save for college for the kids.
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nckt
Penny Collector Member



USA
304 Posts

Posted - 05/05/2008 :  22:52:45  Show Profile Send nckt a Private Message  Reply with Quote
i would save it, for a while and wait for it to go up in price, or what id most likely do is certify it, then sell it and buy a bunch of silver, gold, and maybe buy a rare date high grade Morgan.
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GhettoGold
New Member



USA
18 Posts

Posted - 08/11/2008 :  11:39:29  Show Profile  Send GhettoGold an AOL message Send GhettoGold a Private Message  Reply with Quote
I'd sell and pull my parents out of their financial hole.

www.cuttingthroughthematrix.com --- Clearing the rubbish from the road to reality.
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fb101
Penny Hoarding Member



USA
894 Posts

Posted - 08/11/2008 :  16:05:59  Show Profile Send fb101 a Private Message  Reply with Quote
Slab it, sell it, Give half to the gov't, (against my will) Pay off every bill I have, home repairs.

A materialistic society cannot afford credit, it will inevitably implode.
Life and success are a "do it yourself" thing
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SANITARIUM_INMATE
Penny Sorter Member



92 Posts

Posted - 08/11/2008 :  16:41:19  Show Profile Send SANITARIUM_INMATE a Private Message  Reply with Quote
quote:
Originally posted by fb101

Slab it, sell it, Give half to the gov't, (against my will) Pay off every bill I have, home repairs.



I agree with you.
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Tourney64
Penny Hoarding Member



USA
713 Posts

Posted - 08/11/2008 :  17:21:48  Show Profile Send Tourney64 a Private Message  Reply with Quote
Slab it, wait for right time (economy recovery, democrat not in office...) and then sell it give 30% to gov't and then pay off home and invest the rest.
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Art Tatum
Penny Collector Member



USA
395 Posts

Posted - 08/12/2008 :  00:26:17  Show Profile Send Art Tatum a Private Message  Reply with Quote
so funny. I found an altered 49 penny "converted" to a bronze 43!


my machine is running!
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centsless
Penny Pincher Member



118 Posts

Posted - 08/12/2008 :  17:54:42  Show Profile Send centsless a Private Message  Reply with Quote
this weeks numismatic news has an article about a copper 1943s which was sold to a collector on the west coast. he bought it for $72,500. it was found by a 14 yr old in 1944 who kept it till he died. it stayed in his family until now. what gets me is that the 14 yr old took it to a dealer that year (1944) and the dealer offered him $500. for it. the offer was refused. $500 in 1944 was alot of money.
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Nickelless
1000+ Penny Miser Member



USA
1343 Posts

Posted - 08/14/2008 :  03:02:50  Show Profile Send Nickelless a Private Message  Reply with Quote
I'd give the first 10 percent to my church, use the next 10 percent to put a down payment on a house, then split the rest evenly between buying silver and planting fruit and nut trees and various edible perennials in my own orchard and in the wild--which I'm doing already, just without the benefit of a 1943 copper penny to help finance things.

Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com
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snappy
Penny Pincher Member



USA
120 Posts

Posted - 08/17/2008 :  14:28:23  Show Profile Send snappy a Private Message  Reply with Quote
I have gotten several 1943 copper cents... Sadly lincoln was not on them only a canadian king.
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