My take on hoarding copper pennies and nickels
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Uploader Comments (hoshnasi)
All Comments (48)
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@hoshnasi nice
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@MONOPOLY35 Sounds good, thanks for the info. I'm planning on building a copper penny sorter and doing some videos.
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@hoshnasi The video is called NEWEST CRAZE - EXTREME COPPER PENNY HOARDING! uploaded by ScrapGoldBusiness. I am very glad that they uploaded this video!
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@MONOPOLY35 Is that story online by any chance? I'm trying to find it.
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what nobody knows about does not hurt anybody, you know for sure the government is melting pennys. the return is really great for melting pennys its just weight.
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@hoshnasi No, they did a story on a man in Oregon who sells pre-1982 pennies as a business. He travels to 15 banks for boxes of pennies and has over $270,000 face value worth of copper pennies right now. The guy uses huge machines to sort the pennies. He has customers on Ebay and in the local area, willing to spend $192 for $100 face value of copper pennies. Despite the anti-melting law passed in 2006, we are confident that will change if the penny is removed by Obama.
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@hoshnasi They're very straight and pulled in some. My brother had em and his are almost too straight.
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is that an s2000
nickpughful 3 months ago
@nickpughful yes it is.
hoshnasi 2 months ago