Copper Pennies May Save You During HyperInflation (Pay Attention)...
Uploader Comments (BIGBKELtheGOD)
All Comments (82)
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@BIGBKELtheGOD New pennies are made from zinc NOT steel which is NOT magnetic
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@Tysoncns This applies to canadian pennies. USA pennies are zinc post 1982
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@a1stooge: Land can be taken.
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Numatic? Pneumatic? Yes... let us study the effects of gas on moving parts. Of course, you could consider NUMISMATIC for the coins, this guy is talking about. "Pneumatic..." LOL
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@Tysoncns WRONG!
Zinc is NOT magnetic!
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@VDBpenny1995 Yeah but you can grow food on it is what I think he's implying. You can also dig a hole and make a really nice fallout shelter.
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@a1stooge You can't eat land either....
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@BIGBKELtheGOD its 1943 that is steel, and we weren't short we needed copper for guns and ammo u can tell cuz it will be silvery
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I'm not so sure about the "Protect you from hyperinflation" idea concerning copper as opposed to silver and gold. Copper has a very low value to weight ratio. As of today, 9.5lbs of that stuff is equivalent to one oz silver in value. Regardless, I still go after these coins and avoid spending nickels. I believe they are more useful as a wealth gaining aspect as opposed to trade. Collecting these pennies is similar to buying a DJIA stock at $4,500 percentage wise with a waiting period to sell.
You cant eat copper, or silver, or gold for that matter. Buy land.
a1stooge 3 months ago
@a1stooge
I have land as well. I just stay in this Apartment close to where I was raised to help my Mother who is now in her 70's and slowed down quite a bit.
BIGBKELtheGOD 3 months ago
Why not just spread the pennies on the floor then run a magnet over it. New pennies are megnetic old are not
Tysoncns 3 months ago 2
@Tysoncns
"Why not just spread the pennies on the floor then run a magnet over it. New pennies are megnetic old are no"
GREAT ADVICE!
BIGBKELtheGOD 3 months ago
So after you sort the copper from the zinc pennies, how do you go about returning them to the bank? Do you have to re-roll them? Are there any ways to automate that to make it faster?
buckeyemike81 6 months ago
@buckeyemike81
My Federal Credit Union has an electronic coin sorter where you can just dump the change and have it count for you so it saves a great deal of time. And it's free for customers.
BIGBKELtheGOD 6 months ago