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 Hoarding Copper Bullion Pennies
 Do I need to call my bank ahead of time?
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fhbob
Penny Sorter Member


USA
39 Posts

Posted - 07/27/2008 :  22:13:13  Show Profile  Send fhbob an AOL message Send fhbob a Private Message  Reply with Quote
I was just wondering if it is often necessary to call a bank ahead of time in order to get big orders of pennies or nickels?

Bobby Deese

legacypac
Administrator



Canada
1653 Posts

Posted - 07/27/2008 :  22:15:59  Show Profile Send legacypac a Private Message  Reply with Quote
Yes.
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lilyrdape
Penny Pincher Member



USA
120 Posts

Posted - 07/27/2008 :  22:26:58  Show Profile  Send lilyrdape an AOL message Send lilyrdape a Private Message  Reply with Quote
yeah if your planning on getting more then 1or2 boxes or bags i would give them a call first...it could save you a trip to the banks..
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HoardCopperByTheTon
Administrator



USA
3602 Posts

Posted - 07/28/2008 :  02:03:18  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
What do you consider a "big order?"

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



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M83striker
Penny Sorter Member



USA
90 Posts

Posted - 07/28/2008 :  08:08:13  Show Profile Send M83striker a Private Message  Reply with Quote
I call my pick banks ahead of time even if I'm only picking up 2 boxes. It gives them time to gather the CWR's to make my order or get the boxes out of the vault. I give them a 30 minute head start before I'll be there just to be polite.

When my wife got after me it sounded like "Blah,Blah,Blah", but now it sounds like "Clink,Clink,Clink". Its amazing what that Ryedale can do for a hounded husband.
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jpf231
Penny Collector Member



USA
340 Posts

Posted - 07/28/2008 :  08:19:16  Show Profile Send jpf231 a Private Message  Reply with Quote
Yes - call ahead - my banks order on Tueday and Thursday. They only ask that I give them a heads up and pick them up when I say I will.
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NDFARMER
Penny Collector Member



USA
294 Posts

Posted - 07/28/2008 :  09:18:20  Show Profile Send NDFARMER a Private Message  Reply with Quote
Yes if you are going to get more than a box or two on a regular basis, they like it if you call them ahead of time. If you get that Ryedale you might want to have a standing order at the bank where they will just order you the same amount each week. I do that with a couple of different banks and I pick up my orders every Friday. And I go to my dump banks every Friday also so I can take care of everything in one trip.

COPPER - the "poormans" precious metal!!!
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fhbob
Penny Sorter Member



USA
39 Posts

Posted - 07/28/2008 :  23:02:26  Show Profile  Send fhbob an AOL message Send fhbob a Private Message  Reply with Quote
Can you ask the bank specificlly for CWR, I swear those plastic wraps have the most horrible percentages.

Bobby Deese
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legacypac
Administrator



Canada
1653 Posts

Posted - 07/30/2008 :  19:47:09  Show Profile Send legacypac a Private Message  Reply with Quote
quote:
Originally posted by fhbob

Can you ask the bank specificlly for CWR, I swear those plastic wraps have the most horrible percentages.



You MIGHT be able to specify what kind of rolls you get IF you get chummy with the tellers. I hear Chocolate (coins?) works well to build relationships. Generally though they are doing you a favor by selling lots of pennies and baggers can't be choosers. Some here weigh the rolls before cracking them open and don't crack the light ones. I get nearly 50% Cu so I don't pre-weigh my rolls - there is ALWAYS copper to sort out for me.
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Nickelless
1000+ Penny Miser Member



USA
1340 Posts

Posted - 07/30/2008 :  22:25:06  Show Profile Send Nickelless a Private Message  Reply with Quote
quote:
Originally posted by HoardCopperByTheTon

What do you consider a "big order?"

For that matter, what's the biggest single order that anyone here has ever picked up?

Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com
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wheeler_dealer
Penny Pincher Member



USA
245 Posts

Posted - 07/30/2008 :  22:29:21  Show Profile  Send wheeler_dealer a Yahoo! Message Send wheeler_dealer a Private Message  Reply with Quote
In one day or from one bank? We know Hoard probably has the record although there are some other heavy "buyers" on here also.
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HoardCopperByTheTon
Administrator



USA
3602 Posts

Posted - 07/30/2008 :  23:03:43  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
Nah, there are lots of folks that pick up more than me.. I go for repeatability. Most I have ever picked up from 1 bank on 1 day was 48 boxes. Also picked up 24 boxes from one of my other banks on the same day.

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



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