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 Copper Penny Bullion Investing
 2005 Uncirculated $25 Box
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Goodvend
New Member


5 Posts

Posted - 11/03/2009 :  21:00:36  Show Profile Send Goodvend a Private Message  Reply with Quote
Just got a $25 box of 2005 uncirculated pennies. I see on pcgs that the highest quality 2005 penny can go for $750 each. Are there any opinions on this? What kind of money can I get and are there any takers?

hobo finds
Penny Pincher Member



224 Posts

Posted - 11/03/2009 :  21:05:08  Show Profile Send hobo finds a Private Message  Reply with Quote
I'll take those zinks off your hands for $25.00
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oober
1000+ Penny Miser Member



USA
1051 Posts

Posted - 11/03/2009 :  21:20:29  Show Profile Send oober a Private Message  Reply with Quote
PCGS pricing is for PCGS graded coins.

I would sell the box on Ebay...

And Welcome to the forum.
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barrytrot
Penny Collector Member



USA
409 Posts

Posted - 11/03/2009 :  22:39:13  Show Profile Send barrytrot a Private Message  Reply with Quote
eBay is the best and most fluid price guide out there. Check "completed sales" on THE EXACT SAME item and you will get a very good idea!

Do not check the "PCGS" price guide for ANYTHING. That thing is off by 50%+ in both directions all over the place. I honestly don't even know how they arrive at their numbers.

And certainly don't check the PCGS guide for something not certified :)

The difference between "uncirculated" (like you have) and "certified" is a LOT. On average you would need several boxes to find one cent worth more than the COST to certify! And that cent would only be worth 20 to 40 dollars.

To find a super coin worth $500+ would be exceedingly rare and those are generally only found via mint set cut outs.

Edited by - barrytrot on 11/03/2009 22:41:00
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HoardCopperByTheTon
Administrator



USA
5240 Posts

Posted - 11/04/2009 :  00:18:43  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
Put on special gloves.. check each cent under high magnification to see if you can find a "perfect" one. Then you would send it in to PCGS, along with a healthy fee for slabbing. If by some miracle (Do you believe in miracles?) the coin comes back in a slab graded MS-70 by the service (yours will most likely come back MS-63) then you have a marketable coin. Of course it will not trade for what they are saying it will. You would then place it in an auction like ebay and hope 2 folks really want this perfect coin and bid it way up. Then after the extraction of exhorbitant fees by the auction company, you might net a little profit.

Or you could save yourself a lot of time and aggravation by just blowing it out here for a little over face plus the $10 shipping charge. Welcome to the forum.

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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HoardCopperByTheTon
Administrator



USA
5240 Posts

Posted - 11/04/2009 :  00:20:18  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
Some 1969-S pennies can sell for over $100,000.

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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beauanderos
Penny Collector Member



USA
388 Posts

Posted - 11/04/2009 :  01:59:40  Show Profile Send beauanderos a Private Message  Reply with Quote
various PCGS fees

http://www.pcgs.com/grading_list.chtml

Hoard now and hold on!

http://coppermillions.blogspot.com/
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beauanderos
Penny Collector Member



USA
388 Posts

Posted - 11/04/2009 :  02:02:15  Show Profile Send beauanderos a Private Message  Reply with Quote
Don't sell the box intact on ebay. Come up with some good copy stating exactly the potential of finding any individual MS70 coins and appeal to their greed

Hoard now and hold on!

http://coppermillions.blogspot.com/
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beauanderos
Penny Collector Member



USA
388 Posts

Posted - 11/04/2009 :  02:06:31  Show Profile Send beauanderos a Private Message  Reply with Quote
quote:
Originally posted by HoardCopperByTheTon

Put on special gloves.. check each cent under high magnification to see if you can find a "perfect" one. Then you would send it in to PCGS, along with a healthy fee for slabbing. If by some miracle (Do you believe in miracles?) the coin comes back in a slab graded MS-70 by the service (yours will most likely come back MS-63) then you have a marketable coin. Of course it will not trade for what they are saying it will. You would then place it in an auction like ebay and hope 2 folks really want this perfect coin and bid it way up. Then after the extraction of exhorbitant fees by the auction company, you might net a little profit.

Or you could save yourself a lot of time and aggravation by just blowing it out here for a little over face plus the $10 shipping charge. Welcome to the forum.



In your copy be sure NOT to mention what Hoard describes and then sell your 2005's one roll at a time, two weeks apart, never list the next one until each auction is closed. You might reel in some suckers, I mean buyer's that way and could maybe score $3 to $5 per roll, if you get multiple bidders.


Hoard now and hold on!

http://coppermillions.blogspot.com/

Edited by - beauanderos on 11/04/2009 02:15:21
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beauanderos
Penny Collector Member



USA
388 Posts

Posted - 11/04/2009 :  02:13:52  Show Profile Send beauanderos a Private Message  Reply with Quote
Now then, consider. Is all that worth the effort? Welcome to the forum.

Hoard now and hold on!

http://coppermillions.blogspot.com/
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dakota1955
Penny Hoarding Member



800 Posts

Posted - 11/04/2009 :  07:42:57  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message  Reply with Quote
If that is too much work try selling them here.
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HoardCopperByTheTon
Administrator



USA
5240 Posts

Posted - 11/04/2009 :  08:56:04  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
I just remembered I have a box of these I haven't gotten around to looking at yet. I might be rich!!!

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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highroller4321
1000+ Penny Miser Member



USA
1971 Posts

Posted - 11/04/2009 :  15:09:00  Show Profile Send highroller4321 a Private Message  Reply with Quote
Are these P or D's?

Copper penny Investing
www.portlandmint.com
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JobIII
Penny Collector Member



USA
464 Posts

Posted - 11/04/2009 :  16:12:21  Show Profile Send JobIII a Private Message  Reply with Quote
I still kick myself every time i returned a complete box of a given year of BU zincs. And now i don't find them anymore. So sad.

Selling Coppers 1.35 + shipping. *800.00* ~sold~
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Goodvend
New Member



5 Posts

Posted - 11/07/2009 :  20:38:23  Show Profile Send Goodvend a Private Message  Reply with Quote
Have 3 $25 boxes of them now. Thanks for everyone's input.
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HoardCopperByTheTon
Administrator



USA
5240 Posts

Posted - 11/07/2009 :  20:45:50  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
I assume you are getting boxes of pennies because you are looking for copper like the rest of us.

I will trade you 3 boxes of copper pennies for your 3 boxes of 2005 pennies. That way you have a 100% copper yield with no sorting required. The 150 rolls of copper will all be machine rolled. 3 boxes of pennies fit perfectly in a medium flat rate box.

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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Goodvend
New Member



5 Posts

Posted - 11/07/2009 :  21:10:10  Show Profile Send Goodvend a Private Message  Reply with Quote
Tempting offer. How about for a comination of silver and copper? What do you say to $100 melt value in silver coins (halfs, dimes, nickels, etc. of any combination) + a $25 box of coppers in exchange for the 3 2005 uncirculated $25 penny boxes? Three boxes gives you a good chance of finding that perfect penny
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HoardCopperByTheTon
Administrator



USA
5240 Posts

Posted - 11/07/2009 :  21:17:18  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
I ain't gonna look.. lol.

I am much heavier in copper than silver, so that is why I was looking to trade that. Some ratio of copper and silver could probably be worked out, but I don't want to bury myself in zinc. Heck I even had plenty of 09 zinc that could be worked into a trade.

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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