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 Copper Penny Bullion Investing
 Are my calculations right??
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topeka
Penny Pincher Member


160 Posts

Posted - 05/16/2008 :  23:05:31  Show Profile Send topeka a Private Message
If the mint produces a steel cent today it will be worth 22% face!!

If this is true....(and inflation continues to accelerate).... after we sort all the copper, nickels, and zinc (in that order) we may actually be hoarding steel pennies for profit!

Silver..poor mans gold
Copper..peasant silver

Edited by - topeka on 05/16/2008 23:09:51

WheatieFan
Penny Pincher Member



USA
106 Posts

Posted - 05/16/2008 :  23:22:35  Show Profile Send WheatieFan a Private Message
How much will a steel cent weigh? We can't just assume it will be the same...

WheatieFan
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topeka
Penny Pincher Member



160 Posts

Posted - 05/16/2008 :  23:24:33  Show Profile Send topeka a Private Message
I assumed it will weigh as much as the Canadian steel penny (about 2.33 grams?)

Silver..poor mans gold
Copper..peasant silver
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 05/17/2008 :  00:27:09  Show Profile Send HoardCopperByTheTon a Private Message
Steel prices are already surging.. guess they heard about the new plan.

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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Art Tatum
Penny Collector Member



USA
400 Posts

Posted - 05/17/2008 :  11:00:14  Show Profile Send Art Tatum a Private Message
why are you up already "ton"?

did you like my surgical pictures I sent you?


my machine is running!
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