Penny rumors are flying

I have heard a couple of things recently. One being that shortly after the 1st of the year the Federal Reserve will start to pull all the copper cents (1959-1981 plus some of the 82's) from circulation as the price of copper continues to rise, at present a penny is worth about 3 cents by weight. The scrap yards in my neighborhood are paying $2.40 for clean brite copper that works out to 1.6 cents for a penny. I have heard this from people from many different states. I have read a number of articles stating that in 2009 there may be as many as four different versions of the Lincoln cent depicting different phases of his life. I do know that I invested close to $2000 in wheat cents and IHP's to sell in my store and other places and in a little over a month and a half I sold completely out. I would say right now the market is hot. What the future may bring who knows!!!!

Later Jiml4004