tag:blogger.com,1999:blog-68105720853366097782024-03-08T08:59:46.877-05:00Copper HoardingCopper Hoarding is a Blog designed for the copper and nickel hoarder. Copper and nickel prices have been going up lately and now copper pennies and nickels are worth much more than their face value. This blog keeps you up to date on all the recent news related to copper and nickel hoardingthebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-6810572085336609778.post-12038539423764971982010-03-19T03:19:00.002-05:002010-03-19T03:24:17.991-05:00Keep an Eye on NickelOne thing that I like to do every once and a while along with my copper hoarding is pick up a few rolls of nickels and keep just for speculation purposes. Right now the Jefferson Nickel is worth 5.5 cents or just over half a cent more than its face value. The best thing about hoarding nickels is the only sorting you have to do is if you are searching for old dates or wartime nickels. Other than that, the composition of the nickel is still the original 25% nickel 75% copper that it has been for years. This also makes nickels a good investment when planning on a copper price increase. I would encourage you to pick up a few rolls every now and then and just keep them in a safe place for now. I believe it is a good bet that the nickel will follow the same trend as the pre 1982 copper cent sooner rather than later. Besides, what do you have to lose? The worst that can happen is you have the exact same amount of money that you put into the investment.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-86760505483353439842010-02-08T04:41:00.002-05:002010-02-08T04:56:39.963-05:00Finding Greater Copper PercentagesThough the numbers still seem to hover around 25% copper for sort percentages, there are some places you can look to find some higher copper percentages in your sorts. If you can aquire customer wrapped rolls, or CWR's from your local bank there is a better chance of a higher copper percentage. In these hard times, people are rolling up their coin collections and sending them to the bank. Though it is sad that it has come to this, it does present a unique advantage for those with a little extra capital to invest in copper. I actually found an entire roll of 1943 steel cents from a CWR. Also, ask around. I am sure some of you have a friend who has been keeping their pennies in some sort of jar for no real reason for the past few years. The closer you get to the bottom of this jar, the higher the percentage of copper you will find. Offer to go through the jar and replace what you take with a few extra cents, trust me, it's worth it. The bottom line is, be creative, you can really increase your sort percentages and save time while building your hoard at a much faster pace. Right now time is completely priceless commodity.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-58547371818563442422010-01-29T03:59:00.002-05:002010-01-29T04:10:37.329-05:00Hoarding Growing in PopularityCopper hoarding has been steadily growing in popularity over the past few years. This last year has shown an explosion in the number of small time copper hoarders. This is definately no reason for panic as there are plenty of copper cents still in circulation but it does show a trend similar to that of the wheat cent. Ironically enough, this is comming at a time when we are changing the image on the reverse of the penny. Those of us who are hoarding copper cents now have a unique advantage of building a collection of these coins when there are still many in circulation to choose from. Look at how often you find a wheat cent in circulation. I believe this will be the fate of the pre-1981 cent within the next 10-15 years. I believe the copper cent with disappear from circulation much quicker than the wheat cent did due the the abundance of copper hoarders we have today. On that same note, even the most common wheat cents will go for 4 to 5 times face value in poor condition. I believe that the copper cent will only have a collectors value of 2-3 times it's face value due to the flooding of the market in a decade or so. That said, we should not have to worry about that as the price of copper will put the metal content value of these coins far above face value by that time.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-59295813457277653522009-05-18T00:36:00.002-05:002009-05-18T00:42:51.527-05:00Why Waste Time with MetalI suppose some people are wondering why they should even waste their time putting a portion of thier investment money into metals. I'm not just talking copper, I am talking the precious metals like silver and gold. I definately do not believe that one should run out and put their whole retirement savings into the metals but I do believe a good 20% of your entire portfolio should be allocated towards metals. Silver is a very very underpriced precious metal in within the next 5-10 years will see a great increase in price. I would believe that $100+ per ounce by then is definately not out of the question. Gold, though much more expensive than silver, is also a very stable investment. Though I do not believe the returns on the gold market will be as high as those of the silver market, it is still wise to have a small portion of your investment allocated towards gold. And, finally, the infamous copper. This is an amazing investment since you can get it at half price by sorting through a few pennies a day and picking out the copper ones. You have nothing to lose with copper penny sorting besides the little time it takes you to sort. Nothing to lose and everything to gain.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-31878706490049779942009-04-27T01:42:00.003-05:002009-04-27T01:48:13.388-05:00Firing It All Back UpWell it's time to fire up the copper hoarding blog again. Its been a busy few months and copper sorting was pushed to the back of my agenda but it has once again taken a spot in my daily routine. After this fall in copper, prices have began to turn around and head back up. This summer looks like it could bring prices at least in the $5.00 range, maybe even higher. The price will most likely dip back down again but not as low as it did this winter. Then eventually it will peak at a higher level. I believe it is still a wise idea to hold on to most of your hoard for now and see where the market is going. If a buyers market opens up again this summer like there was last summer, it is always good to sell a little of the hoard to fund more pennies. This way you actually build your hoard faster and with profits you made from the pennies. Don't see this price dip as a bad time, instead see it as a time to keep stockpilling the copper.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-33183313690530697492008-04-16T19:47:00.002-05:002008-04-16T19:50:53.752-05:00Copper Looks to the SkyLast week copper broke the $4.00 per pound barrier only to fall a little below it the next day. It looks like copper broke this barrier once again today. It seems that there is no definate lid on the price of copper. Those pennies that you have been hoarding are now worth 2.6 cents for their copper content. Don't dump them yet though, I predict we'll see a lot more of a jump this summer. If anybody remembers what happened to the silver coins in the 60s then they will want to keep their copper for now. You couldn't make much money in 1965 from those silver coins but in 1980 you were kicking yourself if you didn't hold on to them. I believe that is what is going to happen with copper so hold onto your cents for now, and never stop hoarding.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-52560103516948556052008-03-19T15:56:00.001-05:002008-03-19T16:00:52.157-05:00Silver Falls TodaySilver fell over $1.00 today in what I would call a minor market correction. I still believe that the price of silver will rise significantly over the course of the next 3-5 years. I see this as a temporary opportunity to purchase more silver at a cheaper price. If one were to ask when they would sell their silver, I would say wait until it is at least 7-10 times what it is now as I believe it will no doubt hit that before it levels out. Silver is very very underpriced compared to gold and there will need to be a correction to balance this out. Gold is not going to fall enough to make that correction, therefore, silver will have to rise in value significantly before things are once again balanced. This is a terrific investment opportunity and I encourage people to jump on it. Also, keep up with the penny hoarding, as I can promise you 100% that you will not lose money with it, there is no possible way to.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-4234122926897798242008-01-31T10:39:00.000-05:002008-01-31T10:41:16.671-05:00Rebate Checks in 2008?NEW YORK (CNNMoney.com) -- Congressional leaders and Bush administration officials agreed Thursday on a $150 billion stimulus measure aimed at keeping the economy from falling into recession.<br /><br />Most single taxpayers would get $600 and most two-wage households would get at least $1,200. The deal includes an additional amount of $300 per child. A total of 116 million taxpayers will receive checks of some size.<br /><br />The main exception: higher-income taxpayers or individuals earning $75,000 or more or couples earning $150,000 or more. They would get reduced rebate checks, or none at all, depending on their....<br /><br />view entire story <a href="http://money.cnn.com/2008/01/24/news/economy/stimulus_package/index.htm?postversion=2008012411">HERE</a>thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-80550835339130899812008-01-23T22:53:00.001-05:002008-01-23T22:56:24.171-05:00Metal Prices FallWell, it appears that the price of copper, nickel, and zinc are falling for the time being. At the posting of this article, copper was 3.115 per pound, nickel was 11.945 per pound, and zinc was .979 per pound. Remember not to let this deter you from your hoarding though as the prices are sure to go back up sometime in the future. A copper cent is still worth twice its face value and a nickel is still worth more than five cents. I predict that we can expect to see the prices begin to rise again as we enter the summer season and potentially soar and set new records for 2008. It is a good time to be hoarding before it becomes too popular, making it harder to hoard your copper and nickel.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-36170134623321980572007-12-06T10:33:00.000-05:002007-12-06T10:38:45.385-05:00Going Off on a TangentThis blog post is not going to be anything about hoarding copper or nickel. This blog post is going to be about something that I stumbled across that has the potential to become big. What I came across was <a href="http://r.yuwie.com/beave">YUWIE</a>. Yuwie is a social network very similar to Myspace. The difference with Yuwie is you get paid for your pageviews. I figured this was too good to be true but I have a very trustworthy friend and he showed me his paypal receipt for the money that he earned in August. Now, this by no way will make you rich, he earned about $25 in August, about $50 in September and about $85 in October. However, it can provide some extra income for doing something that you were doing anyway. And you can see it can grow. I joined because there isn't any risk involved, might as well give it a try. If you think you want to try then <a href="http://r.yuwie.com/beave">Click Here</a>. If you don't want to try, don't be suprised when you start hearing about Yuwie in a few months and wish you signed up now.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-41125480227656971872007-11-19T00:16:00.000-05:002007-11-19T00:20:45.905-05:00Copper holding steadyWell, it appears that the price of nickel and zinc have fallen over the last few months. A nickel is still worth about 6.5 cents but a zinc penny is now only worth .65 cents. Earlier this year, the zinc penny was worth more than one cent for a while. With that said, the copper cents are holding their value. They are still worth around 2 cents a piece, double their face value. I believe that next spring we will see another hike in coppe prices just as we did last spring. Since the copper prices will already be starting higher, I believe we will see the copper cents being worth at least 3 cents each next summer. I believe it is smart to keep hoarding the copper now and I would also recommend hoarding the nickels as well. After they change the composition of the nickel in 2009 it will be harder to hoard. What better time than now when you don't even have to sort them.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-46355755014042534482007-10-25T22:23:00.000-05:002007-10-25T22:26:53.915-05:00Copper Thefts Getting Out of HandMore and more we are hearing about the increase of copper thefts across the nation. It is becomming obvious that this increse in the price of copper has spurred a movement if you will. This will only get worse as the price of copper rises. On this note, I would advise that those of you with larger hoards of copper cents should take extra precautions in making sure they do not get stolen. I would even keep it on the down low that you have so many copper cents. Keep on hoarding though as it will pay off in the end.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-49914766902139179692007-10-14T03:00:00.000-05:002007-10-14T03:04:06.541-05:00It's Been a WhileWell, It has been a while since my last post obviously. I've been busy all summer and didn't really get a chance to follow much of the copper market. As it stands right now the price of copper has stayed pretty steady as the price of zinc and nickel have fallen. However, nickels are still worth about 7 cents each at the time of this post so it is still advisable to hoard them. It also goes without saying that you should still be harding your copper pennies as well since that price has stayed the same. Just keep at those hoards a little bit at a time. I don't see the price of copper going down anytime soon or ever for that matter.thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-45629046109281323772007-04-26T10:54:00.000-05:002007-04-26T11:07:54.345-05:00The Hyperinflation of the U.S. DollarHyperinflation happens when inflation is out of control. In this scenario, prices raise rapidly because currency is losing its value. The U.S. dollar is getting dangerously close to a hyperinflation state. It is becoming less and less stable every day. In 1913, you could buy the same for $.04 that you can now buy for $1.00. This means that the U.S. dollar has lost 96% of its value in less than 100 years. Even if it only follows that same rate, by 2100 it will cost $25 to buy what we can buy for $1.00 now. The scary thing about this is, it is not following that same rate, the value of the U.S. dollar is beginning to drop more and more rapidly. For this reason, hoarding metals with actual face value is a very safe way to make sure your investment will always be worth something. Right now, you can instantly double the value your investment with pre-1882 copper cents and nickels. I believe a market will develop for these metals within the next two years or so. Hoard now, while you still can.<br /><br />Running Totals:<br />Copper Cents: 2650<br />Nickels: 1000<br /><br />Face Value: $76.50<br />Metal Value: $155.55thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-81954616008246366132007-04-24T02:44:00.000-05:002007-04-24T02:57:40.475-05:00Zinc Keeps ClimbingThe price of zinc keeps climbing, meaning that if it keeps up this same trend, soon every penny in circulation will be worth more than face value. The total melt value of a zinc (post-1982) penny today was $.009586, just shy of face value. If zincs become worth more than face value and keep climbing like the coppers did, I think the US Treasury is going to have to do something about it, they cannot keep producing pennies at a loss. I see them either changing the composition of the penny to steel or completely doing away with it. Remember, a copper penny became worth more than face value only 2 years ago.<br /><br />Running Totals:<br />Copper Cents: 2650<br />Nickels: 1000<br /><br />Face Value: $76.50<br />Metal Value: $158.77thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-49522283624777699522007-04-18T10:34:00.000-05:002007-04-18T10:41:56.738-05:00Hoarding NickelsIf sorting through rolls and rolls of pennies is just not your thing, then you may choose to hoard nickels. I actually do both. The composition of the common nickel is 75% copper and 25% nickel. The price of copper alone is enough to make a nickel worth more than its face value but the price of nickel is increasing too. You do not have to do any sorting with nickels since they have held that composition since 1947, though you may want to sort through to look for older nickels. I do both nickels and pennies to have diversity with my hoard but this is entirely up to you.<br />------------------------<br /><br />Running Totals:<br />Copper Cents: 2200<br />Nickels: 800<br /><br />Face Value: $62.00<br />Metal Value: $130.39thebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-13132818424731483072007-04-17T12:27:00.000-05:002007-04-19T01:37:05.132-05:00What You Should Be HoardingFor those of you who may just be getting started with your hoarding, this post will inform you of what coins you should be hoarding. For pennies, you should be keeping all of the pre-1982 cents. These cents are composed of 95% copper and 5% zinc. In 1982 the mint changed the composition to 97.5% zinc and 2.5% copper. There were, however, copper cents minted in 1982. I would recommend that you save all 1982 cents and buy a scale as the copper cents weigh 3.11 grams and the zinc cents weigh 2.5 grams. Anything after 1982 you can roll back up and take back to the bank for money to buy more cents to sort through. You may also wish to save the zinc cents as well since the price of zinc seems to keep rising and the value of the metal content of the zinc cents seems to be getting close to the face value of the cent. I would recommend returning them for more cents to sort through for now though, there will be plenty of zinc cents around should the value of the metal content ever become greater than the face value of the coin.<br /><br />It is also important that you sort out any wheat cent that you may find within your copper cents. The reason for this is the collector value of the wheat cent is much greater than the value of the metal content. Wheat cents are generally worth about 8-10 cents each, which is significantly more than the value of the metal content. I will explain about hoarding nickels in my next post.<br /><br />running total: 2200 copper centsthebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0tag:blogger.com,1999:blog-6810572085336609778.post-83468725736017345262007-04-17T02:26:00.000-05:002007-04-17T02:43:42.540-05:00Re-instatement of the Melting BanThe ban on melting cents and nickles was re-instated today after it was briefly expired. The ban originally went into effect on December 14, 2006 and expired on April 14, 2007. It is now re-instated indefinately. It looks like we will have to stick to just hoarding copper for now. I'm sure there will still be some people melting it and some places that will take the melted copper which will end up making the copper cents more scarce in the long run. The price of copper closed at $2.5221 a pound Monday and the price of nickel closed at $22.9272. This means $1 face value of copper cents is now worth $2.35 and $1 face value of nickels is now worth $1.85.<br /><br />Running Total: 2000 copper centsthebeavehttp://www.blogger.com/profile/03633079397225302682noreply@blogger.com0