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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
 Posted - 11/29/2009 : 06:26:18
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If we develop the idea of Realcent being a Copper Cent Clearing House and we start getting a steady stream of buyers, would you be willing to take charge of the program? At some point I could see this taking off, and maybe something like a website clearing house would fit the bill. Anyone here with any website building experience? We would need to know on a regular updated basis what kind of orders we could fill. For small orders buyers could go direct to sellers, but to fill orders of say, over $1000 we might have to pool our efforts. We could have a site that we could email availability of our sales stock to so they could field orders. I would expect whoever might step forward to handle this would be someone trustworthy, and it goes without saying they should scrape a little off top for their efforts. What do you think about five cents for every dollar face is gathered? I am not looking to run such a site myself, but maybe someone in Realcent might be? 
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Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 11/29/2009 : 06:39:10
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We'd need to set up a sister site. Of course we'l have to have a naming contest and a logo debate. We could call it Real Cent Supply or Bullion Cents Central, or... ?  We'll need one or more administrators. What do you guys think? Set up a separate site or just maintain a thread under marketing? A site would allow advertising, promotion, and a direct contact point for others to link to rather than coming in, getting lost, and going home. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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Kurr
1000+ Penny Miser Member
2906 Posts |
Posted - 11/29/2009 : 09:05:25
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If it can be done, I like to sell, sell all I have basically, want to sell more, love handling the coin, can't wait to expand/ramp up.
I want my name up there with the "big boys" and am willing to work for it. I got no idea how to make and run websites, and that is the reason I don't have a .com. I am "hungry", and always looking for a steady buyer. |
The silver [is] mine, and the gold [is] mine, saith the LORD of hosts. Hag 2:8 [/b]
He created it. He controls it. He gave it to us for His use. Why did we turn from sound scriptural currency that PROTECTS us?
KJV Bible w/ Strong's Concordance: http://www.blueletterbible.org/
The book of The Hundreds: http://www.land.netonecom.net/tlp/ref/boh/bookOfTheHundreds_v4.1.pdf
The Two Republics: http://www.whitehorsemedia.com/docs/THE_TWO_REPUBLICS.pdf
Good reading: http://ecclesia.org/truth/government.html
A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
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barrytrot
Administrator
USA
721 Posts |
Posted - 11/29/2009 : 09:23:37
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There are several sellers already with way over 1k face ready at any time if the price goes above "slave labor". And many professionals like "You must be logged in to see this link." and several others who practically have "infinity face" :)
I like the idea of a co-op in THE FUTURE though. Once the average price goes to about 1.6x I think the sellers will come out of the woodwork and there will be 10x more semi-pro sites out there.
Right now there is already a semi-vigorous trade going on directly on the forum.
That all said: I am a fan of websites and SEO so if someone did this I would host for free and not take any cut of any kind. In fact, what the heck, I'll host anyone's coin-related site for free if they are from here.
So if Beauanderos or anyone wants to try their hand let me know and I'll set you up with an ftp. |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 11/29/2009 : 09:46:04
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| The idea sounds good on paper. Portlandmint is able to supply enough copper pennies to cover any size order. How would you determine who sells when an order comes in? If you have 10 people on the forum who wants to join forces and orders come in, how do you hand out the orders? |
You don't have to be the BEST you just have to be.......SLICK
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natsb88
Administrator
USA
1850 Posts |
Posted - 11/29/2009 : 10:04:29
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There is a new trading platform set to open on December 1st that was designed specifically for copper rounds and other hard assets. I believe it will be something similar to BullionDirect's Nucleo system. It's possible it would work for copper cents as well. I don't know all the details, as I was not able to make the conference call they held for the initial traders, but I will post more information when it is up and running.
EDIT: spelling |
Nate
The Copper Cave
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Edited by - natsb88 on 11/29/2009 10:05:00 |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 11/29/2009 : 10:34:17
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| you guys are thinking way too small. The Big Boys over at FinancialSense? If any of them drifts over, just ONE of them could wipe out the Portland Mint. What's their stock? Maybe $150 to $160,000? That's alot to us but it's chump change to guys who frequent those investment websites. People, you need to ramp up your hoarding cuz the day is coming... soon, when - in the same way as there are at least 3,000 billionaires in the world, and if even just one of them tried to invest in a meaningful way it would send silver to the moon - when one or two guys drift over and tries to diversify with physical copper it will wipe out our stocks. Not saying it would move the price significantly, because our stockpiles are an insignificant blip on the supply side. We get slave labor because the market hasn't been developed. We should be charging close to Coinflation, maybe 1.8, but people think I'm not gonna spend that, I can do it myself. Sure, little starter guys can. But do you think a multimillionaire who wants to expand into copper to broaden his existing metals portfolio of $20,000,000 gold and $5,000,000 in silver with a small $500,000 allocation to copper is gonna wanna go to the bank and ask for CWR's??? Gimme a break! Those people are out there, and if like toomuchcopper is suggesting, they can become convinced that copper cents represents a compelling investment they will romp in and buy out the existing stocks that we realcenter's have accumulated in a flash! It IS too much work for other people to be doing it, regardless of the return... or else they would be doing it! Look how many people dropped out when the price crashed. We can't wait for the copper prices to edge up with an economic recovery, because Dude... that won't happen. Hyperinflation is coming, but we really don't want to see that happen because just putting food on the table will eat up all your profits. That leaves us with RAISING the price of copper cents by stimulating the DEMAND of investors to desire them. Sorry about being long-winded guys, but have a little vision. Once this gets started it will overwhelm you with how quickly it escalates. Can you go anywhere and buy silver or gold for face? Uh uh, nope, can't do that. Gotta pay a premium, sometimes ten percent. So why aren't copper cents selling for 2.2 or 2.3? Because the market hasn't been promoted! That said, Kurr... if you still have that last $100, I'll take em, let me know what kind of silver you'd like this time. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
Edited by - beauanderos on 11/29/2009 10:36:36 |
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Kurr
1000+ Penny Miser Member
2906 Posts |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 11/29/2009 : 13:05:50
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quote:
Originally posted by natsb88
There is a new trading platform set to open on December 1st that was designed specifically for copper rounds and other hard assets. I believe it will be something similar to BullionDirect's Nucleo system. It's possible it would work for copper cents as well. I don't know all the details, as I was not able to make the conference call they held for the initial traders, but I will post more information when it is up and running.
EDIT: spelling
A BD-Nucleo copper clearinghouse might get large investors involved if it offered a safe storage facility similar to BD. Large quantities of coppers requires space. While large ($M+) investors might be interested in trading coppers, they probably wouldn't want to take possession due to personal space limitations (billionaires excluded of course because they have infinite available storage at their disposal). If the copper clearinghouse allowed investors to buy coppers without having to take possession of them, that might get large investors excited. Currently, at BD you can buy bullion, keep it in your account, and trade it to take possession at a later date. |
---> 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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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/29/2009 : 13:46:38
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$1000 is actually a small order, and there are several folks here who could easily fill it. We keep waiting for Kurr to run out so we can bump the price.. lol.
I bought silver for face yesterday.. got 64 silver dimes.  |
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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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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barrytrot
Administrator
USA
721 Posts |
Posted - 11/29/2009 : 18:27:05
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quote:
Originally posted by beauanderos
you guys are thinking way too small. The Big Boys over at FinancialSense? If any of them drifts over, just ONE of them could wipe out the Portland Mint. What's their stock? Maybe $150 to $160,000? That's alot to us but it's chump change to guys who frequent those investment websites. People, you need to ramp up your hoarding cuz the day is coming... soon, when - in the same way as there are at least 3,000 billionaires in the world, and if even just one of them tried to invest in a meaningful way it would send silver to the moon - when one or two guys drift over and tries to diversify with physical copper it will wipe out our stocks. Not saying it would move the price significantly, because our stockpiles are an insignificant blip on the supply side. We get slave labor because the market hasn't been developed. We should be charging close to Coinflation, maybe 1.8, but people think I'm not gonna spend that, I can do it myself. Sure, little starter guys can. But do you think a multimillionaire who wants to expand into copper to broaden his existing metals portfolio of $20,000,000 gold and $5,000,000 in silver with a small $500,000 allocation to copper is gonna wanna go to the bank and ask for CWR's??? Gimme a break! Those people are out there, and if like toomuchcopper is suggesting, they can become convinced that copper cents represents a compelling investment they will romp in and buy out the existing stocks that we realcenter's have accumulated in a flash! It IS too much work for other people to be doing it, regardless of the return... or else they would be doing it! Look how many people dropped out when the price crashed. We can't wait for the copper prices to edge up with an economic recovery, because Dude... that won't happen. Hyperinflation is coming, but we really don't want to see that happen because just putting food on the table will eat up all your profits. That leaves us with RAISING the price of copper cents by stimulating the DEMAND of investors to desire them. Sorry about being long-winded guys, but have a little vision. Once this gets started it will overwhelm you with how quickly it escalates. Can you go anywhere and buy silver or gold for face? Uh uh, nope, can't do that. Gotta pay a premium, sometimes ten percent. So why aren't copper cents selling for 2.2 or 2.3? Because the market hasn't been promoted! That said, Kurr... if you still have that last $100, I'll take em, let me know what kind of silver you'd like this time.
If you are thinking that large scale then why bother having all of the non-professionals even be involved? The professionals produce copper by the ton per day while the best non-professional can produce only a couple hundred pounds in a day.
Also, there are already a LOT of buyers at the million dollar plus level. The key is that they want the cents melted and that is "difficult" right now.
Once US cents can be melted, I promise you that are correct that price will jump quickly to "coinflation" at a minimum. Probably a bit over just like silver and gold!
Beauanderos, just wait until melting is legal. Before that you are pretty silly paying Kurr more than his "ask" since no one else is going to do that and there are LOTS of cents to be had at Kurr's ask. In fact, I will boldly say that at Kurr's ask (which is reasonable) I could get 1 ton per day if I had that kind of cash and was so inclined.
One person or even 100 paying "above market" does very little to the market :) |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 11/29/2009 : 20:16:07
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| The market will expand, and the prices will go up. Yes we are just little tiny fish in the ocean. We will be sellers to the small buyers. Also our premiums will be higher because of selling smaller batches. The "BIG DOGS" ( billionaires ) will be buying large amounts at discounted prices. The average Joe (sixpack) will want $100 face to $1000 face. These are the orders we will be taken. APMEX and BD will be selling bags, but ours will be cheaper. If Portlant mint has $150 K - $160 K , can you afford to hold more than that? I doubt it. Do you have room for 50 + TONS of copper pennies? I will sort as much as I can afford and sell what I need to sell to continue to fund my efforts. I don't expect to get rich from sorting pennies, or sorting halves or searching CWR's. It is a fun hobby that has rewards. |
You don't have to be the BEST you just have to be.......SLICK
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 11/29/2009 : 20:25:11
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| Couple of points here. I agree with Slickeast that this is a funny hobby . For myself, I'd like to keep it that way. But I've seen a number of members that wished they could turn over their stock and reinvest, and each time compile a little more. The only way they can do it is to sell and keep harvesting. After a few years they can build up a decent amount. It helps if the price is a little better, I'm only talking a nickel or dime more (among ourselves) to make a little more on our labor. That said, I see some really bad things on the horizon. I am not in this for a profit, I am building a stash for barter someday. Recognizable form of once-circulating currency. Copper cents will fetch a nice premium above melt when that happens. I'm not hoping to melt mine someday, but to spend them. I know, I know... makes me sound like Charley in 2012. So be it. I already have enough silver and gold, I'm trying to stock up on nickel and copper now. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 11/29/2009 : 20:27:17
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| dang, forgot to say what I wanted to say. If we keep selling low, and there's a sudden influx of new buyers, large or small, we'll be sorry we didn't hang on for a little more, that's all. When the dollar finally crashes, stuff will be revalued overnight, and you'll be amazed at the rapidity with which trouble could escalate if we get into hyperinflation. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 11/30/2009 : 10:17:41
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quote:
Originally posted by beauanderos
you guys are thinking way too small. The Big Boys over at FinancialSense? If any of them drifts over, just ONE of them could wipe out the Portland Mint. What's their stock? Maybe $150 to $160,000? That's alot to us but it's chump change to guys who frequent those investment websites. People, you need to ramp up your hoarding cuz the day is coming... soon, when - in the same way as there are at least 3,000 billionaires in the world, and if even just one of them tried to invest in a meaningful way it would send silver to the moon - when one or two guys drift over and tries to diversify with physical copper it will wipe out our stocks. Not saying it would move the price significantly, because our stockpiles are an insignificant blip on the supply side. We get slave labor because the market hasn't been developed. We should be charging close to Coinflation, maybe 1.8, but people think I'm not gonna spend that, I can do it myself. Sure, little starter guys can. But do you think a multimillionaire who wants to expand into copper to broaden his existing metals portfolio of $20,000,000 gold and $5,000,000 in silver with a small $500,000 allocation to copper is gonna wanna go to the bank and ask for CWR's??? Gimme a break! Those people are out there, and if like toomuchcopper is suggesting, they can become convinced that copper cents represents a compelling investment they will romp in and buy out the existing stocks that we realcenter's have accumulated in a flash! It IS too much work for other people to be doing it, regardless of the return... or else they would be doing it! Look how many people dropped out when the price crashed. We can't wait for the copper prices to edge up with an economic recovery, because Dude... that won't happen. Hyperinflation is coming, but we really don't want to see that happen because just putting food on the table will eat up all your profits. That leaves us with RAISING the price of copper cents by stimulating the DEMAND of investors to desire them. Sorry about being long-winded guys, but have a little vision. Once this gets started it will overwhelm you with how quickly it escalates. Can you go anywhere and buy silver or gold for face? Uh uh, nope, can't do that. Gotta pay a premium, sometimes ten percent. So why aren't copper cents selling for 2.2 or 2.3? Because the market hasn't been promoted! That said, Kurr... if you still have that last $100, I'll take em, let me know what kind of silver you'd like this time.
I say bring on the $500k orders or more! I am not even currently activly adding to my inventory. I am set up to fill just about any size of an order. Just need more buyers and ill really ramp up. |
Copper Penny Investing
www.portlandmint.com |
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Copper Command Central
Forum Locked
I agree proper demand could EASILY demolish the "over supply side" we have now in sorted coin. 
