Copper Cents

View previous topic View next topic Go down

Copper Cents

Post  HoardCopperByTheTon on Tue Dec 22, 2009 1:45 am

Some of us collect copper cents from many countries. It is easy to sort out the small cents made of copper from the US and Canada. The Large Cents from those countries as well as Great Britian and Australia are great too.
avatar
HoardCopperByTheTon

Posts : 55
Join date : 2009-12-22
Location : CA

Back to top Go down

Re: Copper Cents

Post  AGgressive Metal on Tue Dec 22, 2009 1:52 am

Currently, a US copper cent from before 1982 (and some 1982s) is worth roughly double its face value. The same phenomenon holds true for many world coins, owing to inflation and rising demand for copper.

Two of my favorites are the old 20 Centavo pieces from Mexico and the British/Aussie/NZ large-size pennies - they both have a little under 10 cents worth of copper in them and stack up nicely.
avatar
AGgressive Metal

Posts : 133
Join date : 2009-12-22

Back to top Go down

Re: Copper Cents

Post  HoardCopperByTheTon on Tue Dec 22, 2009 1:59 am

I like those big coppers too. I have quite a hoard of the Roos.
avatar
HoardCopperByTheTon

Posts : 55
Join date : 2009-12-22
Location : CA

Back to top Go down

I write an article on copper pennies

Post  jadedragon on Tue Dec 22, 2009 2:31 am

This article has been quite popular: How to Invest in Copper at a Steep Discount

I am partial to Canadian Copper because I can get it easily. Love to collect some other country's copper coins though.
avatar
jadedragon

Posts : 62
Join date : 2009-12-22

http://www.innovativepassiveincome.com

Back to top Go down

Re: Copper Cents

Post  Pennysaved on Sun Jan 03, 2010 8:38 pm

Do any of the foreign countries have the same laws banning melting like the US?

Pennysaved

Posts : 66
Join date : 2009-12-22

Back to top Go down

Re: Copper Cents

Post  AGgressive Metal on Sun Jan 03, 2010 8:41 pm

Pennysaved wrote:Do any of the foreign countries have the same laws banning melting like the US?

Almost all ban the melting of their own coins. But some do not ban melting of obsolete coins. I think a lot of old mexican copper has been melted.
avatar
AGgressive Metal

Posts : 133
Join date : 2009-12-22

Back to top Go down

Re: Copper Cents

Post  jadedragon on Tue Jan 05, 2010 4:15 am

Pennysaved wrote:Do any of the foreign countries have the same laws banning melting like the US?

Can't melt Canadian Coins in Canada as I understand it, but you can export all day long.
avatar
jadedragon

Posts : 62
Join date : 2009-12-22

http://www.innovativepassiveincome.com

Back to top Go down

Re: Copper Cents

Post  PreservingThePast on Wed Jan 06, 2010 1:06 pm

HoardCopperByTheTon wrote:Some of us collect copper cents from many countries. It is easy to sort out the small cents made of copper from the US and Canada. The Large Cents from those countries as well as Great Britian and Australia are great too.

Please pardon my ignorance as I try to expand my knowledge in this area.

I have a few half penny coins (UK, I think) from the 1940s into the 1960s. Are these similar in composition to pre-1982 US pennies? They are about the size of one of our quarters. Are they worth more for content or for their age?

What about a coin from Ireland...It has a 1 d..(but the "d" is raised up). These are from the 1930s - 1960s. Are these to be held for copper content? I liked the designs on them, that's why I have them.

Is the Mexico 20 Centavos from 1954 also to be held for copper content?

I was also wondering about a one cent piece from India back in the teens and twenties. Is it also to be held for copper content or is it worth more for its age? It is a smaller coin, probably similar in size to a penny but it is square with rounded corners.

Thanks for your help, everyone. sunny

PreservingThePast

Posts : 20
Join date : 2010-01-03

Back to top Go down

Re: Copper Cents

Post  uthminsta on Wed Jan 06, 2010 1:26 pm

In my experience, there are no "key" dates in the 40's-60's British halfpennies. Most can be had for a quarter or less. Or can be found in dealer junk bins. It's always best to hold on to any copper you can find, but they're not really worth purchasing unless you can get a bunch and can get 'em super cheap. They're bronze. Not sure of the weight exactly, as I am away from my scale this week, so I can't tell you how cheap you'd have to buy 'em in order to profit on them.

The 1d from Ireland is a one penny coin. The small superscripted d is from "denarius," which was the abbreviation for all pre-decimal pence. Ireland used essentially the same monetary system as the Great Britain coins. So this is also a bronze coin. There are some better dates in the Ireland pennies, and they're usually a little harder to come by overall. Still should be able to get commons for a quarter, once in a while. You might get lucky and find some in a dealer junk box. Can someone weigh one of these? They might be getting close to (or surpassing) the 10c intrinsic value...

Mexico 20 centavos are a nice thick bronze coin. Anyone want to comment on how much intrinsic value they have? 1954 is not a key date but uncirculated coins have good collector value. Of course that's always true, especially if you get a nice uncirculated red specimen.

Square coins should all immediately be surrendered to me. My wife and daughters collect them! But seriously, I don't know nearly as much about coins of India, but we get stuff like this from junk boxes and such, because my wife and kids don't like expensive coins... know what I mean?
avatar
uthminsta

Posts : 79
Join date : 2009-12-22

Back to top Go down

Re: Copper Cents

Post  PreservingThePast on Wed Jan 06, 2010 1:45 pm

uthminsta wrote:In my experience, there are no "key" dates in the 40's-60's British halfpennies. Most can be had for a quarter or less. Or can be found in dealer junk bins. It's always best to hold on to any copper you can find, but they're not really worth purchasing unless you can get a bunch and can get 'em super cheap. They're bronze. Not sure of the weight exactly, as I am away from my scale this week, so I can't tell you how cheap you'd have to buy 'em in order to profit on them.

The 1d from Ireland is a one penny coin. The small superscripted d is from "denarius," which was the abbreviation for all pre-decimal pence. Ireland used essentially the same monetary system as the Great Britain coins. So this is also a bronze coin. There are some better dates in the Ireland pennies, and they're usually a little harder to come by overall. Still should be able to get commons for a quarter, once in a while. You might get lucky and find some in a dealer junk box. Can someone weigh one of these? They might be getting close to (or surpassing) the 10c intrinsic value...

Mexico 20 centavos are a nice thick bronze coin. Anyone want to comment on how much intrinsic value they have? 1954 is not a key date but uncirculated coins have good collector value. Of course that's always true, especially if you get a nice uncirculated red specimen.

Square coins should all immediately be surrendered to me. My wife and daughters collect them! But seriously, I don't know nearly as much about coins of India, but we get stuff like this from junk boxes and such, because my wife and kids don't like expensive coins... know what I mean?

Thanks for the quick reply!

Sorry, I didn't think to include the weights. The older half pennies weigh about 5.6 grams. (Thanks to a trade with a Realcent Member I now have a scale. Very Happy )

The 1d from Ireland weighs 9.3 grams. Thanks, too, for telling me superscript. I couldn't think of that word for anything. I could see it used in footnotes, etc. but the term was escaping my tiny brain today.

I like the square coins too. The ones that are scalloped also. All were obtained from a junk box.


SO.......I take it bronze isn't a composition that needs to be saved for intrinsic value like our copper cents???

Thanks again. cat

PreservingThePast

Posts : 20
Join date : 2010-01-03

Back to top Go down

Re: Copper Cents

Post  uthminsta on Wed Jan 06, 2010 6:15 pm

PreservingThePast wrote: I take it bronze isn't a composition that needs to be saved for intrinsic value like our copper cents???
Wait. Our so-called copper cents (up til 1982) ARE bronze. 95% copper, 5% zinc. Bronze is just a mixture of primarily copper and small amounts of other metals. You can assume that the composition of those other bronze coins will be relatively close to that, with some variation. So if you take the value at coinflation.com for a US cent which weighs 3.11 grams, and know that your coin is for instance three times that weight, it should be worth three times the value shown at coinflation. Does that make sense? So an Ireland penny has ABOUT 3x the bronze of a US cent... or 7c worth of metal. And the halfpenny has about 4 and a quarter cents worth of bronze in it. At right-now prices.

Or find out what copper is per pound, divide that by 453.6 (the number of grams in a pound), then multiply that by the weight of the coin in grams, then multiply it by whatever percentage of purity it is, if you know. Otherwise assume it's about 95%, with the possibility of slightly lower or slightly higher.
avatar
uthminsta

Posts : 79
Join date : 2009-12-22

Back to top Go down

Re: Copper Cents

Post  AGgressive Metal on Wed Jan 06, 2010 6:59 pm

The British Half-Pennies are 97% copper and should be saved both as bullion and numismatics.
avatar
AGgressive Metal

Posts : 133
Join date : 2009-12-22

Back to top Go down

Re: Copper Cents

Post  AGgressive Metal on Wed Jan 06, 2010 7:02 pm

PreservingThePast wrote:
What about a coin from Ireland...It has a 1 d..(but the "d" is raised up). These are from the 1930s - 1960s. Are these to be held for copper content? I liked the designs on them, that's why I have them.

Is the Mexico 20 Centavos from 1954 also to be held for copper content?

I was also wondering about a one cent piece from India back in the teens and twenties. Is it also to be held for copper content or is it worth more for its age? It is a smaller coin, probably similar in size to a penny but it is square with rounded corners.

The d is the British/Irish abbreviation for Penny or Pence. They are bronze, 97% copper, and are therefore good bullion pieces, but Irish coins generally have a good numismatic value in nice condition.

The Mexican 20 Centavos are definitely great bullion, I believe they are mentioned in another thread.

Finally, the India coin is probably a 1/4 Anna or something like that. Post more specific info if you can.
avatar
AGgressive Metal

Posts : 133
Join date : 2009-12-22

Back to top Go down

Re: Copper Cents

Post  natsb88 on Fri Jan 08, 2010 1:49 am

uthminsta wrote:Wait. Our so-called copper cents (up til 1982) ARE bronze. 95% copper, 5% zinc. Bronze is just a mixture of primarily copper and small amounts of other metals.
Actually our cents are brass, not bronze. Brass is an alloy of copper and zinc. Bronze is an alloy of copper and tin. Bronze is usually much harder than brass.
avatar
natsb88

Posts : 3
Join date : 2009-12-23

http://www.coppercave.com

Back to top Go down

Re: Copper Cents

Post  uthminsta on Fri Jan 08, 2010 2:07 am

natsb88 wrote:Actually our cents are brass, not bronze. Brass is an alloy of copper and zinc. Bronze is an alloy of copper and tin. Bronze is usually much harder than brass.
Oh, oops. I should leave this kind of specificity to the experts at the Copper Cave! Thanks for the correction.
avatar
uthminsta

Posts : 79
Join date : 2009-12-22

Back to top Go down

Re: Copper Cents

Post  jadedragon on Fri Jan 08, 2010 10:59 pm

[quote=]Actually our cents are brass, not bronze. Brass is an alloy of copper and zinc. Bronze is an alloy of copper and tin. Bronze is usually much harder than brass.[/quote]

So US "copper" pennies are Brass but most Canadian "Copper" Pennies are actually Bronze. This Cdn Penny Resource http://bcscta.ca/resources/hebden/chem/Coin%20Compositions.pdf shows the Canadian coins to be:

Canadian 1 cent
1908-20 5.67 95.5% Cu, 3.0% Sn, 1.5% Zn (Bronze)
1920-41 3.24 95.5% Cu, 3.0% Sn, 1.5% Zn (Bronze)
1942-77 3.24 98.0% Cu, 0.5% Sn, 1.5% Zn (Brass)
1978-79 3.24 98.0% Cu, 1.75% Sn, 0.25% Zn (Bronze)
1980-81 2.8 98.0% Cu, 1.75% Sn, 0.25% Zn (Bronze)
1982-96 2.5 98.0% Cu, 1.75% Sn, 0.25% Zn (Bronze)
1997-99 2.25 98.4% Zn, 1.6% Cu plating (zinc + Cu plate)
2000- 2.35 94.0% steel, 4.5% Cu, 1.5% Ni, (*) (NOTE: Magnetic!) (steel + Cu plate)Cdn Penny ResourceCdn Penny Resourcehttp://bcscta.ca/resources/hebden/chem/Coin%20Compositions.pdf
avatar
jadedragon

Posts : 62
Join date : 2009-12-22

http://www.innovativepassiveincome.com

Back to top Go down

Re: Copper Cents

Post  PreservingThePast on Wed Jan 20, 2010 2:06 pm

AGgressive Metal wrote:
PreservingThePast wrote:
What about a coin from Ireland...It has a 1 d..(but the "d" is raised up). These are from the 1930s - 1960s. Are these to be held for copper content? I liked the designs on them, that's why I have them.

Is the Mexico 20 Centavos from 1954 also to be held for copper content?

I was also wondering about a one cent piece from India back in the teens and twenties. Is it also to be held for copper content or is it worth more for its age? It is a smaller coin, probably similar in size to a penny but it is square with rounded corners.

The d is the British/Irish abbreviation for Penny or Pence. They are bronze, 97% copper, and are therefore good bullion pieces, but Irish coins generally have a good numismatic value in nice condition.

The Mexican 20 Centavos are definitely great bullion, I believe they are mentioned in another thread.

Finally, the India coin is probably a 1/4 Anna or something like that. Post more specific info if you can
.


Sorry I am so slow at replying to your requested information.

I have 6 of the square coins that have the rounded corners.

The newest one is from Malaya. It has King George VI and is a 1943 coin. It says 1 cent on the reverse in the center and around it in a circle, besides the date is: COMMISSIONERS OF CURRENCY MALAYA

The other five are dated 1919 or 1920 and are King George V. Around the edge on the obverse is says: GEORGE V KING AND EMPEROR OF INDIA

It says 1 cent on the reverse in the center and around it in a circle, besides the date is: STRAITS SETTLEMENTS


Thanks again for any information on these. cat [/u][/i][u]

PreservingThePast

Posts : 20
Join date : 2010-01-03

Back to top Go down

Re: Copper Cents

Post  HoardCopperByTheTon on Sun Jan 31, 2010 1:42 am

Bronze, Brass, Copper.. I hoard them all! What a Face
avatar
HoardCopperByTheTon

Posts : 55
Join date : 2009-12-22
Location : CA

Back to top Go down

Re: Copper Cents

Post  Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum