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JerrySpringer
Penny Hoarding Member
   
 669 Posts |
Posted - 11/16/2009 : 15:27:15
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Just broke through the 200% of face value threshold on pennies. I soon expect to start seeing zinc dumps from the big guys ending up in my Brinks rolls like I did last year.
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JobIII
1000+ Penny Miser Member
    

USA
1507 Posts |
Posted - 11/16/2009 : 15:29:16
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| I would hope not. |
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.
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Country
1000+ Penny Miser Member
    

USA
3121 Posts |
Posted - 11/16/2009 : 15:37:16
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Copper up 13c today to $3.13. All other metals did well too.  |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life. – Theodore Roosevelt
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Bluegill
1000+ Penny Miser Member
    

USA
1964 Posts |
Posted - 11/16/2009 : 16:56:26
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quote: Originally posted by JerrySpringer
I soon expect to start seeing zinc dumps from the big guys ending up in my Brinks rolls like I did last year.
I would think most of the "big guys" never stopped sorting. It is the fair weather sorters who will flock to the game again.
JMHO
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Cody8404
Penny Hoarding Member
   

USA
602 Posts |
Posted - 11/16/2009 : 18:38:54
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I think you should think "small guys."
There were a lot of people who were on this forum the last time copper was over 200%, and then left when it fell below 100%. T
here are more people joining the forum now the price is back up, and this time to don't think we will see it under the 100% mark again for copper cents. |
Awake, O kings of the earth! Come ye, O, come ye, with your gold and your silver, to the help of my people, to the house of the daughters of Zion, to the help of the people of the God of this Land even Jesus Christ. |
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fb101
Administrator
    

USA
2856 Posts |
Posted - 11/16/2009 : 18:51:42
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I think there were several who sold off their Ryedales and gave up on copper. I wonder if this means the prices will be going up on feebay now? |
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JerrySpringer
Penny Hoarding Member
   

669 Posts |
Posted - 11/16/2009 : 23:24:45
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| As I was telling my wife tonight, if we have a similar mania like we did with the dotcoms, people will be looking at any metals with a "story" to rush into. Well, we know about gold and some part of the public has an affection for silver, but if inflation fear flames could be fanned, we will see more and more folks recognizing that copper and nickel are "value" plays in the form of coins. My wife disagrees tremendously, citing the physical weight that any appreciable amount of copper pennies would incur to make them a king's ransom to possess. She is right, but as long as interest rates are paying me nothing to keep funds in a bank, I'll keeping sorting. |
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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 11/16/2009 : 23:29:48
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A few tons ain't so much weight.  |
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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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 11/16/2009 : 23:30:28
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Some of us never quit.  |
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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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 11/16/2009 : 23:31:16
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Ah, but when it got down below 100% there for awhile.. copper cents were selling above melt!  |
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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JerrySpringer
Penny Hoarding Member
   

669 Posts |
Posted - 11/16/2009 : 23:36:33
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| I can not stop sorting. I take some breaks for a few weeks, but I keep going back, looking for copper, wheats, Indians,kings and doves. Some day, the 1 ton club I will join, some day. |
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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 11/16/2009 : 23:38:45
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You could join tomorrow.. just put in an order while they are still cheap.  |
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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PennyProspector
Penny Pincher Member
 

USA
212 Posts |
Posted - 11/20/2009 : 20:56:12
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quote: Originally posted by HoardCopperByTheTon
... just put in an order while they are still cheap. 
And While the percentages are going to yield the best results. |
Happy Prospecting! |
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