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 Copper Penny Bullion Investing
 To return the zincs or not?
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Ardent Listener
Administrator


USA
4841 Posts

Posted - 05/02/2006 :  21:54:29  Show Profile Send Ardent Listener a Private Message
Should you return the zinc cents that your sort out from the coppers? Or just wait until they too are worth more than a cent. I believe they are now worth 86% of a cent for their zinc value.

Bad money drives out good money

realcent
Forum Admin



USA
246 Posts

Posted - 05/03/2006 :  16:48:19  Show Profile Send realcent a Private Message
I am sure that eventually the zincs will become honest money. For now though I am returning them.

I am doing this because my local bank has a free coin sorter, so I don't have to roll them back up. If I had to re-roll them I might keep them now.

The way I see it, if I can trade zincs for copper, at this point it is worth it to me.

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n/a
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115 Posts

Posted - 05/03/2006 :  19:53:04  Show Profile Send n/a a Private Message
I am currently returning the zincs to the bank. I return the zincs to my bank branch and buy my pennies at other banks in the area so that I do not get the same ones back.
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n/a
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4 Posts

Posted - 05/04/2006 :  11:17:29  Show Profile Send n/a a Private Message
It depends on whether or not you need the money. Safer than storing money in the bank, IMO. But, if you need the money to eat tonight, please take 'em back.
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