Classic Realcent Archives - Are my calculations right?? - Powered by ForumCo.com

Classic Realcent Archives

Username:	Password:
Save Password
Forgot your Password?

All Forums

Bullion Coins and Metals Investing Forums

Copper Penny Bullion Investing

Are my calculations right??

Forum Locked

Printer Friendly

Author

Topic

topeka
Penny Pincher Member

160 Posts

Posted - 05/16/2008 : 23:05:31

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

How much will a steel cent weigh? We can't just assume it will be the same...

WheatieFan

topeka
Penny Pincher Member

160 Posts

Posted - 05/16/2008 : 23:24:33

I assumed it will weigh as much as the Canadian steel penny (about 2.33 grams?)

Silver..poor mans gold
Copper..peasant silver

HoardCopperByTheTon
Administrator

USA
6807 Posts

Posted - 05/17/2008 : 00:27:09

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.

Art Tatum
Penny Collector Member

USA
400 Posts

Posted - 05/17/2008 : 11:00:14

why are you up already "ton"?

did you like my surgical pictures I sent you?

my machine is running!

Topic

Forum Locked

Printer Friendly

Jump To:

Classic Realcent Archives

This page was generated in 0.12 seconds.