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Old 08-28-2007, 04:01 PM
Fishhead24 Fishhead24 is offline
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Join Date: Jan 2007
Posts: 1,196
Default Re: how likely is a run on the banks?

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lol... and please calculate inflation from pre-1982 to now. Then tell me if holding bags of pennies from pre-1982 to now would yield a positive return.

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HUH??

Who said anything about holding them for 20+ years????

A normal roll of pennies from most banks in this country will contain roughly 15-20% of pre-1982 pennies.

Obviously it would take mucho time to sort through the rolls before coming up with $50 of pre-82's, but to say it is not profitable to collect these is incorrect.

By the way, there are machines available on Ebay that will automatically sort the pre-82 coppers for you.
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