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 Copper Penny Bullion Investing
 Lots of wheats
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cyberdan
Penny Collector Member


USA
289 Posts

Posted - 10/25/2007 :  10:46:37  Show Profile Send cyberdan a Private Message
Yesterday during lunch I went to some local banks to get some copper. Only had time for two banks. One had no customer rolls so I bought a box and the other had $14 in customer rolls.

So, this morning before getting to my office I stopped at my local lake to sort on my ryedale. The box went fast but when I got to the customer rolls I wasnt getting a lot of zincs so I looked closer and I could see lots of wheats building up on the copper side. I stopped the machine and grabbed a few handfulls of zincs to see if any wheats made it there. I did find a couple. So now I would only pour in one roll at a time and hold my hand under the zinc chute, on one roll I only got 3 rejects. Two were wheats (1937d and 1945s) and one zinc
I recovered over a dozen wheats from the zinc side. Tonight I will go through the copper side and sort out the great from the good.

Update tomorrow.

HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 10/25/2007 :  13:02:21  Show Profile Send HoardCopperByTheTon a Private Message
Dan, Great story. I love when I get lots of wheats. Here is a way to sort the wheats out of the zincs without having to do it by hand. Change the coin in the comparitor to a zinc coin and tune the discrimination to where it just barely accepts the zincs. Then rerun your zinc rejects. All the cool older date wheats will drop into the reject box.

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:US1Cu675600(60000 Reserved):US1Zi150000:US5Ni9500:CA5Ni1150
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fiatboy
Administrator



912 Posts

Posted - 10/25/2007 :  17:47:22  Show Profile Send fiatboy a Private Message
haha. That's awesome, Cyberdan! It's great when the zincs are the minority---and those wheaties never get old. Congrats.

"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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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 10/25/2007 :  20:38:40  Show Profile Send NotABigDeal a Private Message
Man oh man, I consider it good if I can get more than 10 in a box. Awesome score.

Deal

I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks.
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cyberdan
Penny Collector Member



USA
289 Posts

Posted - 10/26/2007 :  09:37:33  Show Profile Send cyberdan a Private Message
Wheat UPDATE.

I went through all the copper and pulled out 272 wheats.

Oldest one 1914, a couple in the 20's, several in the 30's and most were middle 40's.

and one steel ¢
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NiBullionCu
Penny Pincher Member



USA
168 Posts

Posted - 10/26/2007 :  09:59:31  Show Profile Send NiBullionCu a Private Message
any mintmark on that 1914?
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coincollector101
Penny Sorter Member



86 Posts

Posted - 10/26/2007 :  11:25:10  Show Profile Send coincollector101 a Private Message
Sweet dan thats a pretty good pull,
I want to Beat my what I got the other day "1350 wheats" in 50 dollars worth.....

I may or may not beat it its a good hope.
Theres lots of older gentlemen that bring coins in...

Happy hunting,
CC
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cyberdan
Penny Collector Member



USA
289 Posts

Posted - 10/26/2007 :  13:56:53  Show Profile Send cyberdan a Private Message
quote:
Originally posted by NiBullionCu

any mintmark on that 1914?

No I don't remember seeing any.
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