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 Hoarding Copper Bullion Pennies
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coppernicus
Penny Pincher Member


USA
144 Posts
Posted - 09/07/2008 :  11:02:50  Show Profile Send coppernicus a Private Message  Reply with Quote
Well the price of zinc is sure to sky rocket now. After building up a stockpile of 1500 face value of zinc pennies prior to dumping them, I finally am zinc free. I dumped the last 190 dollars worth this morning.

NotABigDeal
1000+ Penny Miser Member



USA
1848 Posts
Posted - 09/07/2008 :  11:46:11  Show Profile Send NotABigDeal a Private Message  Reply with Quote
Actually, I did the same thing this Saturday. I dumped around $300. Now I too am zinc free. Except for all the zincs in the boxes and bags I need to sort....

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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HoardCopperByTheTon
Administrator



USA
3603 Posts
Posted - 09/07/2008 :  12:04:22  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
At first I thought I was zinc free like you guys.. except for all those zincers contaminating my unsorted boxes. Then I remembered that huge bucket of BU zincs I have been throwing aside, and the stacks of boxes of shiny new zincs from various years I have stockpiled. I will never be zinc free.
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
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moboman
1000+ Penny Miser Member



USA
1333 Posts
Posted - 09/07/2008 :  21:49:54  Show Profile Send moboman a Private Message  Reply with Quote
I need another counter to be zinc free...lol. Mine has been full of copper for the last few days and all that zinc is sitting around in buckets and in unsorted boxes.

Congrats, you know you will get it right back
I have a hard time resisting the temptation to take a wheat penny out of the take a penny cup when I see one!
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legacypac
Administrator



Canada
1653 Posts
Posted - 09/07/2008 :  22:10:53  Show Profile Send legacypac a Private Message  Reply with Quote
1.5% to 1.75% of my hoard is zinc. More like 5% in the US penny bin. Of course the percentage is higher in the unsorted bins still. I'm never going to be zinc free either.
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HoardCopperByTheTon
Administrator



USA
3603 Posts
Posted - 09/07/2008 :  22:39:28  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
quote:
Originally posted by moboman

I need another counter to be zinc free...lol. Mine has been full of copper for the last few days and all that zinc is sitting around in buckets and in unsorted boxes.

Congrats, you know you will get it right back

*Has 8 counters.. 11 if you count the 3 automatic rolling machines that can be used as counters.. and is still not zinc free*
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
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coppernicus
Penny Pincher Member



USA
144 Posts
Posted - 09/08/2008 :  21:32:03  Show Profile Send coppernicus a Private Message  Reply with Quote
I am not completely zinc free. I do have a box or two of BU zincs. But it did feel good to finally get that my big container of zincs empty. I only hand sort and do not have a counter. I had saved up over a $1000 worth of zinc prior to my first dump. Now I regularly hand sort $150-250 a week and dump those zincs as well as working on my built up pile.
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nomore
Penny Pincher Member



USA
119 Posts
Posted - 09/12/2008 :  08:38:02  Show Profile Send nomore a Private Message  Reply with Quote
If you're a small volume sorter it's easier to be zinc-free ;-)

My usual habit once I've got 4 rolls of pennies is to trade those in for a roll of nickels. The bank tellers seem to not mind you doing small scale swaps like that. Wonder what they'd do if I started bringing them $50 bags of zincs though (I'm in the country so all our bank branches are pretty small)
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legacypac
Administrator



Canada
1653 Posts
Posted - 09/13/2008 :  10:05:21  Show Profile Send legacypac a Private Message  Reply with Quote
quote:
Originally posted by nomore

If you're a small volume sorter it's easier to be zinc-free ;-)

My usual habit once I've got 4 rolls of pennies is to trade those in for a roll of nickels. The bank tellers seem to not mind you doing small scale swaps like that. Wonder what they'd do if I started bringing them $50 bags of zincs though (I'm in the country so all our bank branches are pretty small)


You may be on to something. I was buying coin one day and buying Quarters for my wife to sort. Also ended up with hundreds in two dollar coins one teller wanted to get rid of. I found it easier to exchange coins for other coins - two dollars and quarters for pennies and nickels. The fact I was offering all coin seemed to legitamize my need for coin. I would just say I was overstocked on quarters, and needed pennies etc. at each driveby.
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nomore
Penny Pincher Member



USA
119 Posts
Posted - 09/13/2008 :  11:25:10  Show Profile Send nomore a Private Message  Reply with Quote
You can also use the excuse as you trade the rolls in that you need different change for the weekend yard sales (at least this works in the summers :)
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HoardCopperByTheTon
Administrator



USA
3603 Posts
Posted - 09/13/2008 :  11:35:57  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
Gonna go try that today.

"Hi, I need different change for weekend yard sales. I would like to trade this box of half dollars and box of nickels for 24 boxes of pennies."

legacypac.. what do you do with all those twonies? I have a lot of them also. They are harder to get rid of down here. I call it the Queen with the bare behind coin.
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
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