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PennySaved
1000+ Penny Miser Member
    
 USA
1720 Posts |
Posted - 08/21/2009 : 17:56:36
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Recently, I stopped at a local bank and asked them to buy pennies. The teller only had $14 worth. I was kind of excited because the rolls appeared old (they were those bright pink rolls and were a little tattered)
I was kind of excited at 1st. Thinking I was going to hit the motherload of wheat pennies. However, in all of those rolls I only found 1 wheat penny. However, some of the rolls were 1/2 pre-1982. By the time I re-rolled the pennies, I had roughly $9 re-rolled meaning I had roughly $5 in pre-1982.
That means 35.7% of those pennies were copper; guess not too bad all things considered.
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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hobo finds
Penny Hoarding Member
   

838 Posts |
Posted - 08/21/2009 : 18:21:25
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| did you re use the wrapper to pass along to the next guy? |
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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 08/21/2009 : 18:25:41
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| No they were pretty bad so I used fresh brand new ones that the bank gives me :-) |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 08/21/2009 : 18:27:33
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| Don't you think that was a pretty good %? I had to claim a minor victory although I didn't find many wheats |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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lewbo
Penny Pincher Member
 

USA
221 Posts |
Posted - 08/21/2009 : 19:05:00
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| I think that is a great %!!! I am averaging around 20%. |
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jonflyfish
Penny Hoarding Member
   

USA
693 Posts |
Posted - 08/21/2009 : 19:51:28
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| Ditto. That's great! Only 20% where I'm at as well |
The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities. |
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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 08/24/2009 : 10:23:31
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I had a really awesome weekend. I went into a branch I do not typically go into. I bought $50 face value.
I must have gotten some older person's change. I found one solid roll of BU 1963 pennies. 7 other rolls of solid copper pennies. One roll had 12 wheat pennies. Found 37 wheat pennies total. Also had 4 foreign coins - 1 Mexican 20 centavo, 1 British New Penny, 2 Pfenning German coin, and a Czech coin i think a 5 cent equivalent; also found 2 dimes (non-silver). |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 08/24/2009 : 11:46:55
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| Never found so many wheats in one roll; waiting for my solid wheat roll but hasn't happened yet |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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