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2cents
Penny Sorter Member
USA
44 Posts |
 Posted - 10/20/2007 : 11:43:41
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Hello,
I'm new here.
I would really like to hear everybody's opinion on long term storage of copper cents.
I have a couple of ideas.
One is mason jars inside of a sealed 5 gallon bucket with a few coffee filter packs of cat litter for humidity control.
Another idea is loose cents in priority mail tyvek envelopes.
Please give me your opinions and ideas.
Thanks,
2cents
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Hirbonzig
Penny Collector Member
USA
451 Posts |
Posted - 10/20/2007 : 16:57:46
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Welcome to forum 2cents!
I stored cents in just about every kind of container. I had a glass jar break under the weight of the coins so I do not use glass. Right now I keep my copper hoard in one gallon milk jugs. They hold about $50 in cents each. I'm not concerned about humidity for the copper hoard except for some of the nicer coins that I keep with silica gel packs.
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jldco
Penny Pincher Member
USA
114 Posts |
Posted - 10/20/2007 : 17:54:22
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Hi 2cents
Talk your bank out of a few cotton coin bags. Seal them closed with heavy duty wire ties. They stack easier than you might think. I agree with with Herbonzig, no need for humidity control unless your going to bury them in the back yard, in which case the cotton bags are pretty usless too. Welcome from another newbee. |
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2cents
Penny Sorter Member
USA
44 Posts |
Posted - 10/21/2007 : 14:34:15
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With all the copper experts here, there must be more opinions on storage .
Come on yall, give me your knowledge.
2cents |
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fiatboy
Administrator
912 Posts |
Posted - 10/21/2007 : 21:23:41
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I'm still trying to figure out a long-term storage plan.
Currently, I just keep my pennies loose in the $25 Brinks boxes. When I get around to it, I wrap them, so I have exactly $25 face value of copper.
But counting out 50 pennies and then wrapping them...over and over again....I barely have the patience for it. I need a better solution. Maybe store them by weight. I don't know. I think face value is best.
I'm curious, too, to learn what others are doing.
"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson |
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coincollector101
Penny Sorter Member
86 Posts |
Posted - 10/21/2007 : 22:12:39
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Im Putting mine in 55 Gallon Drums.
When I sale im going to sale by weight."Well I hope I have a Counter by then" :)
Quick I need more Pennies!!
Happy Hoarding,
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/21/2007 : 23:08:39
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If you are going to use 55 Gallon drums make sure you place them where you want them to stay before you fill them. I thought about that method but worried it might be a little heavy for one spot on the garage floor. The other reason I didn't want to use the drums is that it would be a major chore getting them out of there if you ever wanted to sell them. I assume most of us might want to sell off part of our hoard at some point in the future when the price of copper is right. With this in mind, you want to be ready to ship when your price point is reached without a lot of additional processing time. I assume copper will sell in 3 basic units.. by the bag, by the box and by the roll. For bulk storage before counting I really like kitty litter pails. I got that idea from an earlier discussion on this board about storage. They are tough, they stack well, they hold a lot of coins (about 18,000 for the standard size), and you can generally get them for free from friends and relatives that have cats. I have the advantage of having a lot of great machines, so counting them or rolling them up is not a problem. I like the original cloth bank bags best. You can sometimes get these for free from your banks because they are all changing over to the heavy duty plastic coin bags for coin shipment. I often put 2 packages of 2500 each in a bag so it is divisible if the sale quantity in the future is by the box. The bags stack surprisingly well. I also like to have some rolled up and stored in the normal boxes since that will facilitate doing deals by the roll later. Since I have 2 automatic rolling machines this is no problem, but it would be way too much work to roll them by hand. For BU rolls I like the plastic tubes, but these are horribly expensive if you don't already have a bunch of them laying around. I like those boxes that hold 100 rolls to keep them organized. Probably wouldn't hurt to store some silica kitty litter around them to absorb moisture.
If your percentages are low.. just sort more.
"Preserving REAL coinage.. 2 tons at a time... and FAKE coinage.. a quarter ton at a time.. just for speculation"
HoardCode0.1:M49/15USCA:US1Cu667700(60000 Reserved):US1Zi150000:US5Ni9500:CA5Ni1150 |
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2cents
Penny Sorter Member
USA
44 Posts |
Posted - 10/22/2007 : 17:07:49
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Thanks for all of the goodinput.
I just wrote a very long post, but lost the whole thing because I didn't enter the anti-spam thing exactly right.
If I get up the energy, I'll try to type it again, maybe tommorrow.
But it is good to be in the company of other copperphiles!
There is something about copper, in particuliar REAL copper coins that I just like.
2cents |
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NiBullionCu
Penny Pincher Member
USA
168 Posts |
Posted - 10/23/2007 : 10:28:44
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I just wrote a very long post, but lost the whole thing...
I've had that happen to me before too.
What I do now if I am going to type a long post is to type it in Notepad
and then copy-paste it to the message board.
[back to the topic]
Another long term storage possibility is 5 gallon pails with lid.
They get awfully heavy if you fill them though.
One way is to fill the bottom pail, and then stack 1/2 full to 3/4 full pails on top
(depending on your strength) Either loose coin or bagged coin. Put some of those silica moisture absorbers in before you put on the lid. tadaah! long term storage. |
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SmallCHange
Penny Sorter Member
USA
70 Posts |
Posted - 10/23/2007 : 10:53:12
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I also use the 5 gallon pails for storage. I get the strong plastic FedEx/DHL/UPS plastic shipping bags at work for free as well. I put in either $25 or $50 of pennies into each bag depending on bag size, seal the bag, and then throw as many bags as can fit into a 5 gallon pail. When pail is full, put the lid on and start another pail right on top. I stack 4 pails but think you could do 5 if you wanted. I have had to move some pails in the past and too heavy per full 5 gallon pail to move, so I put a new pail where I now want them to be and move bags from on pail to another, emptying one pail while filling the next.
I wanted the hoard to be at least somewhat mobile and 55 gallon drums are not easily moved. Even 5 gallon pails are not easily moved. But the bags from FedEx, etc are very strong and they can be transported/carried by hand with relative ease. You can even vary how much you fill them up to suit whatever weights you want to deal with. |
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2cents
Penny Sorter Member
USA
44 Posts |
Posted - 10/23/2007 : 16:07:48
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Thanks, I was leaning to the 5 gallon pail idea, since I have some good quality ones already.
And the bag idea inside would work with the tyvek priority mail bags, which I think you can still get for free.
I have also found a full 5 gal bucket is not easily moved. But the idea of placing the bucket where you want it, then filling it with the bags makes sense.
I'm not so sure 4 or 5 is safe for a raised wood floor though. Unless you are really good at balancing and distributing the load.
I can picture my whole house sinking a foot in the mud when we have a heavy rain, like yesterday here in New Orleans.
Pennies are really heavy !
Thanks for all your thoughts
2cents |
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Cody8404
Penny Hoarding Member
USA
602 Posts |
Posted - 10/26/2007 : 18:46:52
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I neatly pack them in rolls and back in cents boxes. Granted mine would not fill up even one bucket.
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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beercritic
Penny Pincher Member
USA
112 Posts |
Posted - 10/28/2007 : 03:09:47
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2 liter pop bottles work great.
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aloneibreak
Penny Hoarding Member
USA
672 Posts |
Posted - 11/06/2007 : 18:09:19
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i rolled a few boxes of copper before i realized thats just not practical for the level of hoarding i want to do. i found that they fit perfectly in a standard size ammo can if you stack them right.
i stood the rolls upright on end and they fit 7 rolls by 14 rolls on the bottom just perfectly. then put a thin sheet of cardboard between and stand upright another 7 X 14 layer. that gives you 196 rolls packed neatly. theres room on the top to lay down 4 rolls for an even 200, a couple silica packs and youre good to go. an even $100 in a neat box.
i also think the best plan is storing some rolled and most loose for ease of sale either way. |
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Epaphras
Penny Collector Member
USA
382 Posts |
Posted - 11/06/2007 : 21:06:04
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| As others have already mentioned, I stored my copper rerolled in the boxes. I sort by date, so I find my method works best for me. Plus, I am able to keep track of how much I have both in face value and in weight (one box being about 17 lbs). |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/07/2007 : 00:59:51
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aloneibreak must use bigger bullets than me. I think he is using the 50 caliber ammo cans. I have those too, but they get pretty heavy. I prefer the 30 caliber ammo cans.. they hold 100 rolls (1 bag) perfectly.. and you don't have to stand the rolls on end. My preferred method of storage is the cloth bank bags though.. they look great all stacked up too. 
If your percentages are low.. just sort more.
"Preserving REAL coinage.. 2 tons at a time... and FAKE coinage.. a quarter ton at a time.. just for speculation"
HoardCode0.1:M49/15USCA:US1Cu689350(60000 Reserved):US1Zi150000:US5Ni9500:CA5Ni1150 |
Edited by - HoardCopperByTheTon on 11/07/2007 15:36:57 |
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cyberdan
Penny Collector Member
USA
289 Posts |
Posted - 11/07/2007 : 10:21:16
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| For now I count out $5 (by machine) and put in a sandwich size zip lock bag. Fits real good with enough flap to wrap around. Then five of these ($25) fits real good in an empty $500 half box. |
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n/a
deleted
34 Posts |
Posted - 11/17/2007 : 14:43:37
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On my coins. I reuse the fedbox or box they came in. I rewrap them in rolls and rebox them for storage. I even tape up box and write on them 1959 thru 1981 copper rolls. The full boxs I just put in my closet in my house and forget about them. The wrapers I buy cost 1.63 at walmart for 50 rolls. Wrapers say coin containor on them.
They ready for long term storage and if I sell them they can shiped easy and the box is 25 face on it still. The boxes are stored just like an fedbox of coins do that way. Its does take an lot time to reroll and count them that way. I may buy an machice to count to 50 cents each on rolls.
One reason I do that way is prices go down on them. I can sell them to an bank if needed if copper prices ever crash. Banks dont like coins in bags or not like an fedbox is reason
Chevrolet454ss
I love those fed boxes and hoard up pre 64 silver coins such as rolls of 64 half dollers. Maybe copper will be very expensive such as silver is. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/19/2007 : 14:26:43
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quote:
Originally posted by chevrolet454ss
On my coins. I reuse the fedbox or box they came in. I rewrap them in rolls and rebox them for storage. I even tape up box and write on them 1959 thru 1981 copper rolls. The full boxs I just put in my closet in my house and forget about them. The wrapers I buy cost 1.63 at walmart for 50 rolls. Wrapers say coin containor on them.
They ready for long term storage and if I sell them they can shiped easy and the box is 25 face on it still. The boxes are stored just like an fedbox of coins do that way. Its does take an lot time to reroll and count them that way. I may buy an machice to count to 50 cents each on rolls.
My closet isn't that big 
I know what you mean about how much work it is rerolling them. I used to do that. If you are going to get a machine to count out 50 for rolls a Royal Sovereign works well for that. That machine worked well for me before I got the automatic rolling machines, and they are very reasonably priced.
If your percentages are low.. just sort more.
"Preserving REAL coinage.. 2 tons at a time... and FAKE coinage.. a quarter ton at a time.. just for speculation"
HoardCode0.1:M49/15USCA:US1Cu695600(60000 Reserved):US1Zi150000:US5Ni9500:CA5Ni1150 |
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Copper Cent Storage
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