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Shattered
Penny Hoarding Member
   
 USA
523 Posts |
Posted - 07/30/2010 : 18:18:26
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Some guy paid with a 2010 half today. Should I buy it if it is still at the store tomorrow? It is the first one I have seen.
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"I need metal in my life, just like an eagle needs to fly." -Joseph DeMaio : Die For Metal |
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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 07/30/2010 : 18:21:58
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Since you can buy it at face value, I would buy it and hold onto it |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Shattered
Penny Hoarding Member
   

USA
523 Posts |
Posted - 07/30/2010 : 18:27:27
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quote: Originally posted by PennySaved
Since you can buy it at face value, I would buy it and hold onto it
So as of now there is no premium but maybe later down the road? |
"I need metal in my life, just like an eagle needs to fly." -Joseph DeMaio : Die For Metal |
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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 07/30/2010 : 18:50:11
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If you go to the mint website, not many have been minted so I definitely think it is worth holding on to.
You must be logged in to see this link. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Shattered
Penny Hoarding Member
   

USA
523 Posts |
Posted - 07/30/2010 : 19:02:58
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So it is in the same boat as the rest of the post-2001's.
I will see if it is still there tomorrow. Thanks for the info. |
"I need metal in my life, just like an eagle needs to fly." -Joseph DeMaio : Die For Metal |
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Beau
Penny Pincher Member
 

216 Posts |
Posted - 07/30/2010 : 19:30:01
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when I see something like that I buy it on the spot. you can not get them without buying them from the mint or in mint sets. |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
Posted - 07/30/2010 : 21:25:10
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If you want to buy one, it can't hurt. Keep upgrading it from change until you get one that is pristine, unblemished. But spending more than that just ties up your capital for something that won't appreciate in value for decades. It only appears valuable right now because it is initially scarce as they aren't being released into circulation (they go into Fed Reserve vaults). But you're just kidding yourself if you think that clad is an investment. There's MUCH better places for your money if you want it to grow.  |
Hoard now and hold on!
http://coppermillions.blogspot.com/ http://wherewillyoubein2012.blogspot.com/ |
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MichaelOnion
Penny Pincher Member
 

USA
105 Posts |
Posted - 07/31/2010 : 01:55:07
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I've seen a few in the rolls I have searched... be patient and don't pay over face for them
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___ -M
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rainsonme
Penny Pincher Member
 

USA
183 Posts |
Posted - 07/31/2010 : 10:55:43
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I have also been surprised to have found 4 or 5 this year ---- I don't understand how they got into circulation so quickly, as I understand them to be special order items, not intended for circulation. I keep all of the post-2001 halfs I find, and periodically separate them by year/mint, and spend about half of which ever years exceed the others. My theory being that which ever of the post 2001 year/mint varieties I found the most of are probably worth the least. And I don't want to tie up too much in coins that may or may not any long term premium. Generally, I would prefer the cash I was "sitting on" to be 90%, not clad of any year. |
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Shattered
Penny Hoarding Member
   

USA
523 Posts |
Posted - 07/31/2010 : 15:10:38
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I took a 1997 half to work today and walked out with the 2010-D. The front isn't perfect but the back looks pretty nice. It looks like someone slit his throat.
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"I need metal in my life, just like an eagle needs to fly." -Joseph DeMaio : Die For Metal |
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Silverhead
New Member

USA
18 Posts |
Posted - 08/05/2010 : 08:00:44
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Hold on time they'll be worth more then face someday.How long & how much is anybody's guess? |
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