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 Copper Penny Bullion Investing
 A little bit of number crunching
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Corsair
Penny Hoarding Member


811 Posts

Posted - 12/23/2009 :  18:57:19  Show Profile  Send Corsair a Yahoo! Message Send Corsair a Private Message
Here's some food for thought for 2010.

The stats at the bottom of the home page say we have 920 members, 766 of which have made posts. I'm going to go on the low side and say that only 200 people will view this thread. That includes members, nonposting members, and nonregistered members. Let's say that each one of those 200 people sorted just one more box of pennies each week of 2010. That would be:

200 X 52 = 10,400 boxes or $260,000.

Now, using the average of 20% coppers per box, those numbers would equate to:

$260,000 X .2 = $52,000

That's fifty-two thousand dollars in pennies. Five million, two hunded thousand individual copper cents.

So, if you guys want to help make that much more of a dent in available copper, and raise prices just that much more, simply sort one more box a week!

Merry Christmas, and hope everyone has a blessed new year,
David

So long, Realcent 1. Come visit us at Realcent.org!

HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 12/24/2009 :  00:36:47  Show Profile Send HoardCopperByTheTon a Private Message
I'm in. One more box a week is certainly doable.

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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dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 12/24/2009 :  07:23:30  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
I sort whatever I can get and lately it has been harder to get coins to go through.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 12/24/2009 :  10:06:54  Show Profile Send HoardCopperByTheTon a Private Message
You aren't coming to CA to get pennies are you dakota?

You should always keep a few spare boxes stashed here and there for those time when you can't get any.



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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Mikep2020
Penny Collector Member



USA
402 Posts

Posted - 12/24/2009 :  10:17:40  Show Profile Send Mikep2020 a Private Message
I was on a 1-2 box per week kick for a long time, but for the past several weeks i've been doing 4 boxes a week, so i'm making my small contribution
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slickeast
1000+ Penny Miser Member



USA
2533 Posts

Posted - 12/24/2009 :  15:32:33  Show Profile Send slickeast a Private Message
Now that I have a bank that can order bags of coins, I will begin to really step it up.

You don't have to be the BEST you just have to be.......SLICK

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dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 12/24/2009 :  16:08:43  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
I will be in CA the first of the year but there is no way that I want to go against you Hoard. Beside I'm flying in and will not paid for extra bags fee
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toomuchcopper
Penny Collector Member



USA
406 Posts

Posted - 12/24/2009 :  16:32:51  Show Profile Send toomuchcopper a Private Message
extra box a week, sounds good I am in.

visit www.crazycoinguy.com
for information on how to sort, what to sort, and sorting equipment. We also sell copper pennies in bulk, and other coins.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 12/25/2009 :  00:52:26  Show Profile Send HoardCopperByTheTon a Private Message
Dakota.. you could just sort them here. That way you only have to lug back 20%.

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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misteroman
Administrator



USA
2565 Posts

Posted - 12/25/2009 :  09:14:37  Show Profile Send misteroman a Private Message
But there are a few people on here that sort 100's if not 1000's of boxes a week. They bring up the averages a lil bit!

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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