Ron I seem to remember that in the late '50's or 60's the price of
copper was so low that the cost of mining was higher than the product
value. There were stories of companies using coin rather than new material
for manufacturing because it was cheaper. To this day I think there are
still many copper mines not in production that were vital resources during
the second wold war.
Ron May
<[log in to unmask]
> To
Sent by: [log in to unmask]
HISTORICAL cc
ARCHAEOLOGY
<[log in to unmask] Subject
> Re: Coin Identification
08/17/2005 12:15
AM
Please respond to
HISTORICAL
ARCHAEOLOGY
<[log in to unmask]
>
Coin hoarding, every archaeologist's dream. About three years ago on Ebay,
a
couple of guys down South began auctioning 1gallon and 5 gallon buckets of
U.S. Wheat/Lincoln pennied. They inherited a warehouse full of 55-gallon
drums
full of Wheaties. Should they truly flood the market, even the vaunted 1909
VDB
will only be worth a penny. No one knows why those pennies were hoarded in
the
warehouse, which was located out in a field quite far from the farm house.
Ron May
Legacy 106, Inc.
