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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
 Posted - 11/01/2009 : 17:31:51
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I was looking at the back of a Coin World Magazine and it had an ad for buying BU rolls of pennies
For example
2008 P,D BU rolls $1 each
2007 P,D BU rolls $1 each
Do you think its worth taking the time to compile those and make your own rolls and sell them; this seller actually has their business near me so I would not have to pay to ship.
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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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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/01/2009 : 17:41:42
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Not having to ship can be a big factor in your favor when it comes to pennies. If you have them in stock, that is now a bad wholesale price. If you have to "compile" them, does that mean you are setting aside nice ones from circulation to make up rolls. You might want to check with the buyer first. Usually they are looking for original bank wrapped rolls.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 11/01/2009 : 18:03:04
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| I got a Fed box last year that was 2008; they are in plastic. I assume it is safe to assume they are all 2008 pennies? |
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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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/01/2009 : 18:11:40
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| Yes, I think that is a pretty good assumption. With the plastic ones you can pretty much see if there are any dark stripes in there. Sometimes you get some other stuff mixed in. We call those "dirty rolls." You can also check roll weights on your scale to verify that they are all zinc. If you have a really good scale you can check the weight of the entire box at once. A box of zincolns should weigh about 14.1 pounds. I think these would be acceptable to the buyer. The fact that you wouldn't have to ship is what makes this deal work well. I think the Buyer would be happy with those. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Selling BU rolls of Zinc Lincolns
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