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Ardent Listener
Administrator
USA
2626 Posts |
 Posted - 08/01/2008 : 20:59:03
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Who among us has already reached their copper penny or nickel hoarding goals are aren't seeking anymore?
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All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for entertainment purpose only. It is not the intent of realcent.forumco.com to provide investment, medical, legal or tax advice and nothing posted here should be considered to be so. All rights reserved. |
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fb101
Penny Hoarding Member
USA
894 Posts |
Posted - 08/01/2008 : 21:20:00
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| You mean kind of like having so much money you don't want anymore? uhhhh.... not me! |
A materialistic society cannot afford credit, it will inevitably implode.
Life and success are a "do it yourself" thing |
Edited by - fb101 on 08/01/2008 21:20:54 |
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NotABigDeal
1000+ Penny Miser Member
USA
1848 Posts |
Posted - 08/02/2008 : 08:51:52
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Not I....
Deal |
I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks. |
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Tourney64
Penny Hoarding Member
USA
713 Posts |
Posted - 08/02/2008 : 09:13:57
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| Since I sold all my hoard, I don't think I will reach mine this year. I'm too addicted to stop. Only thing stopping me will be time to do it, and too much money tied up in the hoard that I don't have enough for bills. |
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Ardent Listener
Administrator
USA
2626 Posts |
Posted - 08/02/2008 : 13:00:12
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| I recall Fiat boy saying he had reached his copper penny hoarding goal a while back. No shame in doing so in my opinion. Penny and nickel hoarding is a great opportunity, but not the only one. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for entertainment purpose only. It is not the intent of realcent.forumco.com to provide investment, medical, legal or tax advice and nothing posted here should be considered to be so. All rights reserved. |
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CoinHunter53562
Penny Hoarding Member
USA
627 Posts |
Posted - 08/02/2008 : 21:44:41
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| Not even close...I set my goal for 2008 at 50-75K copper cents and I am just over 30K right now. I took a 6-week break so I will have to pick up the pace some over the remaining 4 months to make sure I obtain the goal I set. I may do 2 boxes a week instead of one for awhile to make up for the break I took (was doing 1 box per week for the most part before that). |
Load up now while you can!
HoardCode0.1:M38/1USWI:US1Cu990:US5CuNi85 |
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Nickelless
1000+ Penny Miser Member
USA
1343 Posts |
 Posted - 08/03/2008 : 04:43:37
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quote:
Originally posted by Ardent Listener
I recall Fiat boy saying he had reached his copper penny hoarding goal a while back. No shame in doing so in my opinion. Penny and nickel hoarding is a great opportunity, but not the only one.
I don't know that "goal" is the right term for most of us. I personally am using my copper hoard as a means to ultimately building up my silver hoard. I don't think my copper hoard will ever rival Hoard's hoard at all, but I see copper as a means to an end, and for that matter see silver as a means to an end as well. I'm looking at this more as an equivalent to a 401(k), putting as much into it as possible, not setting a "goal" but just hoarding as much as possible while it's still possible. |
Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com |
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Lemon Thrower
Penny Pincher Member
USA
201 Posts |
Posted - 08/03/2008 : 07:13:34
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quote:
Originally posted by Nickelless
quote:
Originally posted by Ardent Listener
I recall Fiat boy saying he had reached his copper penny hoarding goal a while back. No shame in doing so in my opinion. Penny and nickel hoarding is a great opportunity, but not the only one.
I don't know that "goal" is the right term for most of us. I personally am using my copper hoard as a means to ultimately building up my silver hoard. I don't think my copper hoard will ever rival Hoard's hoard at all, but I see copper as a means to an end, and for that matter see silver as a means to an end as well. I'm looking at this more as an equivalent to a 401(k), putting as much into it as possible, not setting a "goal" but just hoarding as much as possible while it's still possible.
if you look at things long term, 20 years or even 10 or 5, you will be well served. Its almost certain that copper pennies will no longer circulate and that copper pennies will be worth 5 or 10 cents or more. Now, if you understand demographics and deficits and mean reversion, getting such a guarantee performance out of your 401k will be challenging. I recommend John Mauldin's book Bulls Eye Investing for these topics. |
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horgad
1000+ Penny Miser Member
USA
1349 Posts |
Posted - 08/04/2008 : 08:06:05
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My plan right now is to be "done" adding to the hoard in December. I might keep one bank order going to see if I can get some uncirculated 2009s, but that is it.
Also, I will still need to run a good chunk of my hoard through the Ryedale for a second sort and do a whole bunch of hand sorting. So even if I quit adding in December, I will still be working on purifying my copper pile for at least another 6 months after that.
Of course, plans can change... |
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jpf231
Penny Collector Member
USA
340 Posts |
Posted - 08/04/2008 : 15:13:43
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| No end in sight for me ... when we can't find anymore in circulation, then it'll be over. |
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TenBears
Penny Hoarding Member
873 Posts |
Posted - 08/04/2008 : 15:24:54
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quote:
Originally posted by Ardent Listener
Who among us has already reached their copper penny or nickel hoarding goals are aren't seeking anymore?
I have passed my original goal for pennies, but that was set prior to finding this forum. My source bank recently cut me off, and I need to get that remedied (they want to charge me $8 for every box I pick up). Now, I find the process of sorting nickels and halves by hand enjoyable and don't plan to stop that any time soon. I like the treasure hunting aspect of it. |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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Ardent Listener
Administrator
USA
2626 Posts |
Posted - 08/04/2008 : 18:39:18
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quote:
Originally posted by TenBears
quote:
Originally posted by Ardent Listener
Who among us has already reached their copper penny or nickel hoarding goals are aren't seeking anymore?
I have passed my original goal for pennies, but that was set prior to finding this forum. My source bank recently cut me off, and I need to get that remedied (they want to charge me $8 for every box I pick up). Now, I find the process of sorting nickels and halves by hand enjoyable and don't plan to stop that any time soon. I like the treasure hunting aspect of it.
I haven't even started sorting through my metric ton + hoard of U.S.nickels. When I do it will be done on cold winter evenings. Summers are too short around here and winters too long. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for entertainment purpose only. It is not the intent of realcent.forumco.com to provide investment, medical, legal or tax advice and nothing posted here should be considered to be so. All rights reserved. |
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TenBears
Penny Hoarding Member
873 Posts |
Posted - 08/04/2008 : 18:52:47
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quote:
Originally posted by Ardent Listener
I haven't even started sorting through my metric ton + hoard of U.S.nickels.
Now you're just a braggin..... 
How many boxes to make a metric ton? |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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Ardent Listener
Administrator
USA
2626 Posts |
Posted - 08/04/2008 : 19:01:31
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quote:
Originally posted by TenBears
quote:
Originally posted by Ardent Listener
I haven't even started sorting through my metric ton + hoard of U.S.nickels.
Now you're just a braggin.....
How many boxes to make a metric ton?
Perhaps just a little  . A little over 100 boxes or $10,000 U.S. makes a metiric ton. I'm starting to think that I have enough dam nickels. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for entertainment purpose only. It is not the intent of realcent.forumco.com to provide investment, medical, legal or tax advice and nothing posted here should be considered to be so. All rights reserved. |
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TenBears
Penny Hoarding Member
873 Posts |
Posted - 08/04/2008 : 22:23:05
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quote:
Originally posted by Ardent Listener
quote:
Originally posted by TenBears
quote:
Originally posted by Ardent Listener
I haven't even started sorting through my metric ton + hoard of U.S.nickels.
Now you're just a braggin.....
How many boxes to make a metric ton?
Perhaps just a little . A little over 100 boxes or $10,000 U.S. makes a metiric ton. I'm starting to think that I have enough dam nickels.
One metric ton sounds like a good goal. I can't believe you can keep yourself from sorting them. Think of all the war nickels and Buffalo that must be in that hoard, just waiting to be found. How do you sleep at night? |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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Ponce
Penny Pincher Member
Cuba
174 Posts |
Posted - 08/04/2008 : 22:28:42
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Forty bricks of nickels, about three 50 caliber ammo box full of pennies and 5 five gallons plastic bottles full of coins and dollar bills..........saving them for the past 31 years.
Oh yea, and stopped buying silver in 2002 when I had all that I wanted, and my "Get out of town Ponce" 20 Maples.
Greed is not my objective but security and preservation is. |
"If you don't hold it, you don't own it"...Ponce |
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TenBears
Penny Hoarding Member
873 Posts |
Posted - 08/04/2008 : 22:30:35
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quote:
Originally posted by Ponce
Forty bricks of nickels, about three 50 caliber ammo box full of pennies and 5 five gallons plastic bottles full of coins and dollar bills..........saving them for the past 31 years.
Oh yea, and stopped buying silver in 2002 when I had all that I wanted, and my "Get out of town Ponce" 20 Maples.
Greed is not my objective but security and preservation is.
Why Maples instead of American Eagles? |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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Topic |
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Who has reached their hoarding goals already?
