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 Copper Penny Bullion Investing
 Selling BU rolls of Zinc Lincolns
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PennySaved
Penny Collector Member


359 Posts

Posted - 11/01/2009 :  17:31:51  Show Profile Send PennySaved a Private Message  Reply with Quote
I was looking at the back of a Coin World Magazine and it had an ad for buying BU rolls of pennies

For example

2008 P,D BU rolls $1 each
2007 P,D BU rolls $1 each

Do you think its worth taking the time to compile those and make your own rolls and sell them; this seller actually has their business near me so I would not have to pay to ship.

HoardCopperByTheTon
Administrator



USA
5240 Posts

Posted - 11/01/2009 :  17:41:42  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
Not having to ship can be a big factor in your favor when it comes to pennies. If you have them in stock, that is now a bad wholesale price. If you have to "compile" them, does that mean you are setting aside nice ones from circulation to make up rolls. You might want to check with the buyer first. Usually they are looking for original bank wrapped rolls.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Let me see if I understand this? If you cross the North Korean border illegally, you get 12 years hard labor; the Iranian border illegally you are detained indefinitely. If you cross the US border illegally, you get a driver’s license, a social security card, welfare, food stamps, free health care!



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PennySaved
Penny Collector Member



359 Posts

Posted - 11/01/2009 :  18:03:04  Show Profile Send PennySaved a Private Message  Reply with Quote
I got a Fed box last year that was 2008; they are in plastic. I assume it is safe to assume they are all 2008 pennies?
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HoardCopperByTheTon
Administrator



USA
5240 Posts

Posted - 11/01/2009 :  18:11:40  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
Yes, I think that is a pretty good assumption. With the plastic ones you can pretty much see if there are any dark stripes in there. Sometimes you get some other stuff mixed in. We call those "dirty rolls." You can also check roll weights on your scale to verify that they are all zinc. If you have a really good scale you can check the weight of the entire box at once. A box of zincolns should weigh about 14.1 pounds. I think these would be acceptable to the buyer. The fact that you wouldn't have to ship is what makes this deal work well. I think the Buyer would be happy with those.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Let me see if I understand this? If you cross the North Korean border illegally, you get 12 years hard labor; the Iranian border illegally you are detained indefinitely. If you cross the US border illegally, you get a driver’s license, a social security card, welfare, food stamps, free health care!



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