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nokozan
Penny Sorter Member
35 Posts |
 Posted - 01/13/2010 : 22:11:01
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hello i have been lurking here since i started to search for copper cents. i am not one to go to the bank and search boxes, I work at a register so i basically search my rolls for copper and silver every day while im at work to pass the time. so far ive just finished filling up a coin jug at around 20lbs. Now i want to kinda organize it a little instead of just all loose coins in a random jug. my key question is how should i have them, should i weigh them and put them in 1lb bags, should i roll them and put them in the $25 penny box's should i just leave them loose. i find getting them is the easy part but im not sure how to organize them from being just loose coins. if i should weigh them and put them into bags what type of bags are best and what not.
thanks
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Edited by - nokozan on 01/13/2010 22:13:23 |
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twocents
Penny Collector Member
398 Posts |
Posted - 01/13/2010 : 22:21:49
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| Welcome to the forum. I keep my copper cents loose but organized into $25 boxes from the bank. I can stack them and keep a tally of the numeric count. If you have the time and the means, rolled and in boxes always works well. Nothing, though, is better than any other way. It is just personal preference. As your hoard grows, you will want to know how much you have. Right now, everything is sold based on monetary numeric count. In the distant future, the most accurate assessment of copper value will be weight. |
Just my two cents! |
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jacer333
Penny Pincher Member
USA
119 Posts |
Posted - 01/14/2010 : 00:25:47
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Welcome aboard!!
Don't bother organizing them now, just worry about hoarding more, more, more! I keep mine loose in kitty litter pails, one of the more sturdy containers readily available, and usually end up with about 150 pounds in each. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 01/14/2010 : 05:17:30
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There are two schools of thought - weight or count. I'm in the weight school now but it is a personal preference.
When I sell, I sell loose by weight off a decently accurate bathroom scale (I checked it against known weights). I was storing by $25 ziplock heavy duty freezer bags, but I'm reverting to bulk again. Can't really see the value of running the coins through my high speed counter just to sell by weight anyway.
Nate from You must be logged in to see this link. started selling by the pound and I think it has gone really well for him since he keeps selling out. Portland Mint also is selling by weight.
The advantages of selling by weight includes:
1. No counting required
2. People buy copper by the pound, not the "by the penny"
3. No need to say you are selling a penny for 1.5 cents. Just sell copper.
Welcome to the forum. I hope you can post often. It's an exciting journey. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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NDFARMER
1000+ Penny Miser Member
USA
1197 Posts |
Posted - 01/14/2010 : 07:23:49
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| Welcome, I machine roll mine. Then put them in boxes and stack them up. It does cost a little more to do it that way. But I know exactly how many I have and it will be easy to sell them when I want to. And when TSHTF a roll of copper probably will have some kind of universally accepted value. |
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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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 01/14/2010 : 12:31:46
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| welcome I would start by rolling them unless you have large amount them I then put them in 50 dollars bags. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 01/14/2010 : 13:29:54
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Welcome to the forum.  It all depends on how much time you have. Always give priority to sorting, don't waste time rolling unless you have nothing else to do. You can always examine what you've sorted, and roll them then, when the day comes when you can't easily obtain cents with decent percentages of copper among the zincs. I just saw a guy on the street corner, holding a sign that said "The End is Near!" I'm sure he was talking about the day we can't find copper cents anymore.  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 01/14/2010 : 14:19:08
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quote:
Originally posted by twocents
Welcome to the forum. I keep my copper cents loose but organized into $25 boxes from the bank. I can stack them and keep a tally of the numeric count. If you have the time and the means, rolled and in boxes always works well. Nothing, though, is better than any other way. It is just personal preference. As your hoard grows, you will want to know how much you have. Right now, everything is sold based on monetary numeric count. In the distant future, the most accurate assessment of copper value will be weight.
I like to store them in $25 bank boxes as well, especially the Brinks boxes. They are pretty sturdy and easily stackable. When I hand count my pennies, I make piles of 150 (about a pound of copper) and scoop them into the box. When box has 15 pounds (2250 pennies), I close it up and put it in storage. This helps me keep track of both penny count and copper wieght. Also, I separate out and roll any wheats, Canadians, culls and AU coins I find. Good luck. |
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coppernickel
Penny Pincher Member
USA
131 Posts |
Posted - 01/14/2010 : 19:59:42
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Leave them loose. That way you can run your hands through them and feel like a rich king, well until reality sets back in.
Welcome to the looney bin, well the forum at least.
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Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 01/14/2010 : 20:09:09
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Eh, just throw them in a pile in the corner. That's what I would do if I had any coppers....
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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fb101
Administrator
USA
2856 Posts |
Posted - 01/14/2010 : 20:43:30
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| roll and box. |
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snoringcat
New Member
Canada
1 Posts |
 Posted - 01/14/2010 : 21:17:25
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Okay I am new here. I do not plan to hoard coin for myself my husband is laughing at me but I find this all kind of neat.
Does anyone know aprox. how many Canadian 1955-81 nickels it takes to make a pound? Also, is the rabbit nickel much more valuable or just fun? I am trying to figure if it is worth my while to ship a bunch to the U.S.Thanks. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 01/14/2010 : 21:51:13
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quote:
Originally posted by snoringcat
Okay I am new here. I do not plan to hoard coin for myself my husband is laughing at me but I find this all kind of neat.
Does anyone know aprox. how many Canadian 1955-81 nickels it takes to make a pound? Also, is the rabbit nickel much more valuable or just fun? I am trying to figure if it is worth my while to ship a bunch to the U.S.Thanks.
Welcome snoringcat.
There are exactly 100 Canadian Ni Nickels to one pound. 2.5 rolls = 1 lb or 5 rolls equals 2 pounds.
We are averaging between 7% and 20% Ni in the nickels now. I would not recommend shipping upsorted Canadian nickels to the US as you are then faced with dumping the steel and maybe CuNi nickels.
It will not hurt you to set aside some coin worth more then face value even if someone laughs at you. It's a no risk investment. You'll always have at least face value.
The Rabbit sells in rolls for a premium over the normal Ni. I've got a whole farm of them. Too bad I can't get my rabbits to breed. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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new member few questions.
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