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 Copper Penny Bullion Investing
 I found someone who will buy for $0.02 a penny
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Shattered
Penny Hoarding Member


USA
523 Posts

Posted - 01/05/2010 :  19:40:37  Show Profile Send Shattered a Private Message
This is awesome. I just found someone in my area on craigslist who is offering to buy copper cents for $0.02. Since I just started I don't have much but I figure if I sort extra hard for the next few weeks I'll be able to get 5000 or so pennies and sell them to that guy for enough to be able to buy a Ryedale Ace. With my Ace I' will eventually save up enough to cash in and buy an Apprentice so I can actually start saving them for the future.

I just started and my (tiny) hoard is already paying off. I'm pretty excited!

"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal

Junk Woody
Penny Collector Member



Canada
262 Posts

Posted - 01/05/2010 :  19:54:15  Show Profile Send Junk Woody a Private Message
What are you doing wasting time posting here,you've got sorting to do.

Just kidding,I hope your plans work out.
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Shattered
Penny Hoarding Member



USA
523 Posts

Posted - 01/05/2010 :  20:01:41  Show Profile Send Shattered a Private Message
Thanks Junk Woody.

I don't have my license yet so my mom has to haul me around to all the different banks. Its a little embarrassing but oh well haha.

"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal
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Corsair
Penny Hoarding Member



811 Posts

Posted - 01/05/2010 :  20:17:54  Show Profile  Send Corsair a Yahoo! Message Send Corsair a Private Message
quote:
Originally posted by Shattered

Thanks Junk Woody.

I don't have my license yet so my mom has to haul me around to all the different banks. Its a little embarrassing but oh well haha.



Believe me, I know exactly how that feels. Congrats on the buyer, though. Hope you can give him all the copper he needs.

So long, Realcent 1. Come visit us at Realcent.org!
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NDFARMER
1000+ Penny Miser Member



USA
1197 Posts

Posted - 01/05/2010 :  20:18:09  Show Profile Send NDFARMER a Private Message
That's great! I wish I could find someone to buy for 2 X face. If copper keeps climbing it might not be long and we will get back to 2 X face.

COPPER - the "poormans" precious metal!!!

SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested.
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PreservingThePast
1000+ Penny Miser Member



USA
1572 Posts

Posted - 01/05/2010 :  20:23:40  Show Profile Send PreservingThePast a Private Message
quote:
Originally posted by Shattered

Thanks Junk Woody.

I don't have my license yet so my mom has to haul me around to all the different banks. Its a little embarrassing but oh well haha.



Congrats on finding a buyer. I know that's exciting for you.

Shattered...the time spent with your mom as she drives you from bank to bank is so much more of a treasure than any amount of money you will ever earn sorting coins. Enjoy every moment you can spend with her.
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fb101
Administrator



USA
2856 Posts

Posted - 01/05/2010 :  20:37:17  Show Profile Send fb101 a Private Message
Congrats on the buyer! Don't forget a nice little thank you something for Mom when you make a buck or two.

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dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 01/06/2010 :  00:08:02  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
very nice
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 01/06/2010 :  00:45:56  Show Profile Send HoardCopperByTheTon a Private Message
I'm sure if you can't sort enough there are plenty of members here that could send you whatever amount your buyer wants at a lower price and you could just rake in the profit to fund your Ryedale purchase.

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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AGCoinHunter
Penny Hoarding Member



USA
685 Posts

Posted - 01/06/2010 :  08:10:27  Show Profile Send AGCoinHunter a Private Message
Good idea HCBTT. Buy at 1.4 and sell at 2. Nice little arbitrage there.



"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
-Thomas Jefferson

"There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide." - Ayn Rand
________________________________________________

Lenin: Class-based International Socialism
Hitler: Race-based National Socialism
Obama: Class- and Race-based Post-National Socialism
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snappy
Penny Collector Member



USA
301 Posts

Posted - 01/06/2010 :  08:45:35  Show Profile Send snappy a Private Message
becareful about taking a check, money order when he picks up, If you get more then you were asking and he asks you to send the rest back ect there are lots of scams with craigslist CYA

Selling Ryedale sorted USA cents
1.5 each + shipping over 500fv 1.5 each +1/2 shipping
If you pick up 1.35 each
located MT/ND boarder.
after Ryedale sorting they are hand sorted to remove canadian then rechecked with Ryedale to insure all copper and count out $50 FV then placed in cloth bags and sealed with #1 copper wire.
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misteroman
Administrator



USA
2565 Posts

Posted - 01/06/2010 :  09:24:58  Show Profile Send misteroman a Private Message
Man, I'll pay you .03 all day long for CU cents as many as you have! Just make sure they have the little wheat stalks on each side lol. If I could get .02 each I'd have a new full time job for sure!!!

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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daviscfad
1000+ Penny Miser Member



USA
1664 Posts

Posted - 01/06/2010 :  11:35:38  Show Profile Send daviscfad a Private Message
I sold the other day for over 2 cents shipped. Its also good to see young people giving this a shot!

Inquiring minds want to know

Edited by - daviscfad on 01/06/2010 11:42:33
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Mikep2020
Penny Collector Member



USA
402 Posts

Posted - 01/06/2010 :  11:48:11  Show Profile Send Mikep2020 a Private Message
We might all be selling at 2x face in no time! I also think its great that young people are finding out about copper hoarding and jumping in.
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PennyPauper
Penny Collector Member



USA
395 Posts

Posted - 01/15/2010 :  00:28:45  Show Profile Send PennyPauper a Private Message
Were you able to sell any at 2 cents? Wondering how this turned out.
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simplicitycounts
Penny Hoarding Member



USA
535 Posts

Posted - 01/15/2010 :  00:32:08  Show Profile Send simplicitycounts a Private Message
I with Penny Pauper. I'd be happy to sell a box full to someone at 1.4 cents shipped if they can turn it into 2 cents.
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wolvesdad
1000+ Penny Miser Member



USA
2164 Posts

Posted - 01/15/2010 :  07:11:00  Show Profile Send wolvesdad a Private Message
Hopefully the seller was wanting more than one box or bag of copper cents. It'd be nice if they wanted $1000 worth of copper cents and were paying in cash! Keep us updated.

"May your percentages ever increase!"
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