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I think I've lost faith in sorting.... HELP ME

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JobIII
1000+ Penny Miser Member

USA
1507 Posts

Posted - 02/02/2010 : 13:31:21

What fun. I think i can remember when i used to say the following too, "i can stop whenever i want", "Handsorting is more fun than machine sorting". Those were the good old days.

If you have a machine to sort, you can spend more time doing anything else, including refining your searches. You do in some respects need to pick & choose what you really want, but that's only because you gain the ability to search larger volumes of coins.

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.

Lemon Thrower
1000+ Penny Miser Member

USA
1588 Posts

Posted - 02/02/2010 : 14:43:16

i am older than a majority on this board and have a lot of responsibilities. i dont' have a lot of time to sort pennies, but if you have the time there is certainly value to it. i for one will buy your copper for 1.3x. i'm willing to do that because at 1.3x they are liquid. remember, you are getting them for 1.0x and only investing time. invest some time and you might find someone close to you who will buy at a higher price and without shipping costs.

it won't be long now before they stop making pennies and change the composition of nickels. so right now, you can't sell copper because anyone who would want them will just go to the bank. but soon that won't be an option in the u.s., and perhaps not in canada.

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X

JobIII
1000+ Penny Miser Member

USA
1507 Posts

Posted - 02/02/2010 : 14:45:19

Do those prices include shipping?

if so that's a pretty good deal on wheat pennies if you ever buy them.

Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.

smalltimeopn
Penny Sorter Member

USA
54 Posts

Posted - 02/02/2010 : 18:55:54

I have enjoyed reading the responses on this thread. The different perspectives are very informative.

One thing that has not been mentioned. Do I pay taxes on my land? Do I pay taxes on my the interest earned on my savings accounts? Will I pay taxes on my 401K and IRA's? Do I pay taxes on my income? - all yes!

Do I pay taxes on any PM's I own or cu pennies??? - NO

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