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Re: lady glueck post# 250

Friday, 01/27/2012 4:48:20 PM

Friday, January 27, 2012 4:48:20 PM

Post# of 259
I suggest everyone here go to their local bank and pick up a box or two of nickels. You can buy them for 5 cents and right now they are worth 5.9 cents and moving up. They are a great hedge against inflation.

Ive included a link to coinflation.com where you can keep track of what they are worth on a daily basis.

http://www.coinflation.com/

You can also collect pre 1982 pennies which are 95% copper. Pennies after 1982 are mostly zinc and dont carry the values that a older pre 82 penny do. Of course its harder to sort through pennies than it is to just buy nickels. I have several hundred pounds of pennies but I bought most of them on ebay instead of buying a penny sorter and going to the bank for bags of pennies to sort.

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