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deleted
16 Posts |
 Posted - 04/18/2008 : 17:26:25
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What date will the copper penny melt ban end, assuming it will not be renewed?
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Tourney64
1000+ Penny Miser Member
USA
1035 Posts |
Posted - 04/18/2008 : 17:35:52
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| They don't have a specified end date on the ban, so there's no need to renew the regulation. 2010 would be the earliest that a ban would be lifted. They have the new Lincoln penny coming out in 2009. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/18/2008 : 20:21:25
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Are you that anxious for it to be lifted? Have you hoarded enough already?
Once the ban is lifted big commercial outfits like Jackson metals will ramp up and suck all the copper out of circulation and it will be slim pickins for the rest of us. Be glad the melting ban is in place.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
Edited by - HoardCopperByTheTon on 04/18/2008 20:21:51 |
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knibloe
1000+ Penny Miser Member
USA
1066 Posts |
Posted - 04/18/2008 : 20:26:53
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| What does it take for us to become our own big commercial outfit? |
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NDFARMER
1000+ Penny Miser Member
USA
1197 Posts |
Posted - 04/18/2008 : 20:32:36
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| I also think the ban will be lifted in 2010 or 2011. I think they will finally do away with the penny and the ban will be lifted. That will be about right for me I should have enough put away by then. |
COPPER - the "poormans" precious metal!!!
SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/18/2008 : 20:43:53
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2011 sounds about right. As we talked about here before, it appears there is/are big commercial outfits that are already sorting........Other than Hoard copper by the ton of course.  So I don't expect the supply of copper cents will last all that much longer. It may depend on the part of the country where you live, but I can't see percentages over 10% lasting more than two more years. So when the copper cents are gone and the pay offs are made in D.C. the ban will be lifted then. |
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Think positive. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
 Posted - 04/18/2008 : 21:06:15
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quote:
Originally posted by knibloe
What does it take for us to become our own big commercial outfit?
Not much.. just a little capital and secure sources of raw pennies as well as a way to dispose of the zincs. A few machines (Got that covered) |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/18/2008 : 21:11:07
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I'm for a ban as long as possible. Need more pennies....
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/18/2008 : 21:12:35
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| Yeah, me too! |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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When will the copper penny melt ban end?
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