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 Copper Penny Bullion Investing
 35.7% of rolls were copper		  New Topic  New Poll New Poll
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PennySaved
Penny Collector Member


359 Posts
Posted - 08/21/2009 :  17:56:36  Show Profile Send PennySaved a Private Message  Reply with Quote
Recently, I stopped at a local bank and asked them to buy pennies. The teller only had $14 worth. I was kind of excited because the rolls appeared old (they were those bright pink rolls and were a little tattered)

I was kind of excited at 1st. Thinking I was going to hit the motherload of wheat pennies. However, in all of those rolls I only found 1 wheat penny. However, some of the rolls were 1/2 pre-1982. By the time I re-rolled the pennies, I had roughly $9 re-rolled meaning I had roughly $5 in pre-1982.

That means 35.7% of those pennies were copper; guess not too bad all things considered.

hobo finds
Penny Pincher Member



224 Posts
Posted - 08/21/2009 :  18:21:25  Show Profile Send hobo finds a Private Message  Reply with Quote
did you re use the wrapper to pass along to the next guy?
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PennySaved
Penny Collector Member



359 Posts
Posted - 08/21/2009 :  18:25:41  Show Profile Send PennySaved a Private Message  Reply with Quote
No they were pretty bad so I used fresh brand new ones that the bank gives me :-)
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PennySaved
Penny Collector Member



359 Posts
Posted - 08/21/2009 :  18:27:33  Show Profile Send PennySaved a Private Message  Reply with Quote
Don't you think that was a pretty good %? I had to claim a minor victory although I didn't find many wheats
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lewbo
Penny Sorter Member



USA
41 Posts
Posted - 08/21/2009 :  19:05:00  Show Profile Send lewbo a Private Message  Reply with Quote
I think that is a great %!!! I am averaging around 20%.
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jonflyfish
Penny Hoarding Member



USA
548 Posts
Posted - 08/21/2009 :  19:51:28  Show Profile  Send jonflyfish a Yahoo! Message Send jonflyfish a Private Message  Reply with Quote
Ditto. That's great! Only 20% where I'm at as well
The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
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PennySaved
Penny Collector Member



359 Posts
Posted - 08/24/2009 :  10:23:31  Show Profile Send PennySaved a Private Message  Reply with Quote
I had a really awesome weekend. I went into a branch I do not typically go into. I bought $50 face value.

I must have gotten some older person's change. I found one solid roll of BU 1963 pennies. 7 other rolls of solid copper pennies. One roll had 12 wheat pennies. Found 37 wheat pennies total. Also had 4 foreign coins - 1 Mexican 20 centavo, 1 British New Penny, 2 Pfenning German coin, and a Czech coin i think a 5 cent equivalent; also found 2 dimes (non-silver).
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PennySaved
Penny Collector Member



359 Posts
Posted - 08/24/2009 :  11:46:55  Show Profile Send PennySaved a Private Message  Reply with Quote
Never found so many wheats in one roll; waiting for my solid wheat roll but hasn't happened yet
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