| Author |
 Topic  |
|
|
Klark Cent
Penny Sorter Member
USA
68 Posts |
 Posted - 08/19/2010 : 20:14:57
|
My question is: if you were going to keep some of your zincs, which ones would you keep?
I am small-time hand sorter, so lately I haven't been returning my zincs. I have relatively so few that it's not tying up much money or taking up much space, and I figure I will be wanting them back in a few years anyway when we start hoarding zincs and dumping the aluminums or whatever :-)
And by that time, I suspect banks will want to charge a fee to get coins.
At some point I will accumulate enough zincs where I might want to start returning some of them.
Currently, when I am sorting for coppers I also separate out the uncirculated zincs, the "almost uncirculated" older zincs and all 1983s. It's just my wild hunch that these will be the first zincs to command a premium (maybe in 20-40 years).
What do you think? Are there other ones you would hang onto? Maybe the ones from the "Wide AM" years?
Does anyone here save their zincs?
|
Edited by - Klark Cent on 08/19/2010 22:50:17 |
|
|
highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 08/20/2010 : 10:45:20
|
| Unless you have 2009 LP4 P's there is no reason to save any zinc. |
Copper Penny Investing
www.portlandmint.com |
 |
|
|
Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 08/20/2010 : 11:22:55
|
| I only save the best of the best BU zinc's I find. It averages out to around 30-40 cents worth of zinc kept for every $25 box sorted. I'm right around $50 total. I only do it in case the penny gets discontinued in the near future, and 50 bucks in holding some zinc pennies is not going to break the bank. |
|
|
|
Shattered
Penny Hoarding Member
USA
523 Posts |
Posted - 08/20/2010 : 11:26:42
|
quote:
Originally posted by highroller4321
Unless you have 2009 LP4 P's there is no reason to save any zinc.
All my LP4s go straight into the dump bucket. |
"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal |
|
|
|
wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 08/20/2010 : 12:22:04
|
If you are thinking of hedging on zinc. I'd wait a little closer to 'the writing on the wall.' And then I'd just buy a box of copper/zinc mix and not sort it until the financial benefit was there. Just set it aside, unsorted, for later profit potential.
Or if you got a $25 box full of uncirculated zinc, it may not demand a premium, but it is still an 'already sorted' box of zinc. Not bad, huh.
Or if you are hand sorting and it is not hard to do, throw all the years as you mentioned, into one jar or individual jars, and check them for errors years later right before you want to sell some for their zinc content.
Though, as Highroller said. It may never pay out to hoard zinc. And besides, it is 'dirty zinc'. and I don't know of any 97%Zn, 2.5%Cu alloy that is in demand. So scrapping them will always fetch a lower price since it is not PURE zinc.
MHO. |
"May your percentages ever increase!" |
|
|
|
Klark Cent
Penny Sorter Member
USA
68 Posts |
Posted - 08/21/2010 : 21:48:40
|
| Thanks for the replies everyone. I hadn't considered the "dirty zinc" aspect. |
|
|
|
HoardZincByTheTon
New Member
7 Posts |
Posted - 08/21/2010 : 21:55:24
|
| Yes.. you should definately hoard zinc cents. They are so much more valuable than those dirty old coppers most of the members here hoard. Just look at the prices realized on eBay. I hoard zinc cents by the ton. Shiny ones are best. |
|
|
|
hobo finds
Penny Hoarding Member
838 Posts |
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 08/22/2010 : 10:24:41
|
quote:
Originally posted by HoardZincByTheTon
Yes.. you should definately hoard zinc cents. They are so much more valuable than those dirty old coppers most of the members here hoard. Just look at the prices realized on eBay. I hoard zinc cents by the ton. Shiny ones are best.
Yeah, but only until you can return your weeks-worth of sorting to the banks, Chuck  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
|
|
|
Spikeanator6982
Penny Sorter Member
USA
99 Posts |
Posted - 08/22/2010 : 11:16:24
|
quote:
Originally posted by wolvesdad
I
Though, as Highroller said. It may never pay out to hoard zinc. And besides, it is 'dirty zinc'. and I don't know of any 97%Zn, 2.5%Cu alloy that is in demand. So scrapping them will always fetch a lower price since it is not PURE zinc.
MHO.
But its not a alloy correct? Its pure zinc on pure copper. I would have to assume since we can in a small highschool setting pull the copper off the zinc, the same could be done in a large industrial setting pretty easily. Leaving you with pure zinc and recoverable(i assume) copper. |
|
|
|
uthminsta
1000+ Penny Miser Member
USA
1872 Posts |
Posted - 08/22/2010 : 13:10:45
|
| HZBTT is back! I was wondering where you had gone. Oh, happiness. |
Come to the new and improved realcent: http://realcent.org
|
Edited by - uthminsta on 08/22/2010 13:11:06 |
|
|
|
HoardZincByTheTon
New Member
7 Posts |
Posted - 08/22/2010 : 13:44:29
|
quote:
Originally posted by uthminsta
HZBTT is back! I was wondering where you had gone. Oh, happiness.
I was just waiting for someone to finally see the way.
Ah zincs; shiny, shiny zincs! |
|
|
|
rexmerdinus
Penny Sorter Member
47 Posts |
Posted - 08/22/2010 : 18:59:30
|
| I date-sort by hand instead of by machine, so it's no big deal when a '98, '99, or 2000 comes up to flip it over and look for the wide AM variant. These are generally the only zincs I keep unless something unusual comes up, like a counterstamp or obvious error or something. |
|
|
|
copperhead57
Penny Collector Member
USA
255 Posts |
Posted - 08/22/2010 : 20:37:10
|
Watch out for 1995 double dies!!!
I have found four of them, and they usually get around $25.00. |
copperhead57 |
Edited by - copperhead57 on 08/22/2010 20:39:30 |
|
|
|
theo
Penny Hoarding Member
USA
588 Posts |
Posted - 08/23/2010 : 00:39:57
|
I keep some of the shiny zincs as well. Lately I've been limiting myself to older AU coins from the 80s and early 90s. I'm also keeping the LP4s and 2010s until I get about 5 rolls of each.
I've noticed that the zinc pennies don't stand up to the wear and tear of circulation nearly as well as the copper pennies have. Therefore I agree that in 20 years or so zinc pennies in decent condition (especially those from the early 80s) might be in demand. |
|
|
| |
Topic |
|
If you were going to save some zincs ...
Forum Locked
