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mooski
Penny Sorter Member
USA
61 Posts |
 Posted - 03/03/2010 : 14:15:39
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I just have to tell you guys that sometimes you can get lucky on Craigslist!
I just got 240 POUNDS of pennies for $380, and the guy brought them to me here at work.
There's some coffee cans and some paint cans filled with pennies and whatnot.
It wouldn't hurt to check Craigslist out - every once in a while, you might find something good!
Maybe I ought to buy a Ryedale...
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Sorting and hoarding in Seattle, WA |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 03/03/2010 : 14:17:27
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| Congrats on the nice score maybe this will be the reason for you to get a Ryedale |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 03/03/2010 : 14:24:41
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| Are these all copper pennies? |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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No82s
Penny Pincher Member
USA
198 Posts |
Posted - 03/03/2010 : 14:27:46
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| Sure hope so. Otherwise he got ripped. |
The difference between an optimist and a pessimist is that the pessimist is better informed. |
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Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 03/03/2010 : 15:16:49
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| Thats about the average going rate for mixed zinc and copper pennies, around $1.60 a lb. You'll get the copper for face, and cash in a little extra on the zinc. I would guess only about $25 in cash profit on the zincs not including the copper value above face or any wheaties. |
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 03/03/2010 : 17:03:24
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You did fine.
If they are all copper 145 pennies to the pound would be $348.00
If they are all zinc 181 pennies to the pound would be $434.40
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garnede
Penny Collector Member
USA
386 Posts |
Posted - 03/03/2010 : 17:29:36
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| Great deal! Even if you got mixed coins I don't think you paid face value for them. If their all copper that is a smoking good deal. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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smartinson
Penny Collector Member
USA
287 Posts |
Posted - 03/03/2010 : 22:33:22
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| Hope they are all CU! Nice that he even brought them to you. |
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mooski
Penny Sorter Member
USA
61 Posts |
Posted - 03/05/2010 : 19:03:10
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Here's an update - with a bonus story!
I have sorted about a pound of them, and I'm getting about 40-45% copper. Haven't found any nickles, dimes, or quarters or other whatnot.
The pennies aren't exactly clean - they're a little grimey. (It's okay...)
Now, for the bonus story!
I was surfing Craigslist, and I saw a guy was selling 100 POUNDS of Wheaties for $350.
I give him a call, telling him that it would be Saturday before I could get them, but I am VERY interested in the pennies.
"Well, I've had a few phone calls, and I have bills to pay, so the first one here with money gets the pennies".
So after hemming and hawing a bit, I decide to go get the pennies.
He's in Salem, OR.
I live in Seattle.
Mapquest is correct when they tell you that it is a FOUR HOUR DRIVE ONE WAY from Seattle to Salem.
(For those of you bad at math, that means I had to drive 8+ hours total to get back to Seattle.)
Not only did I:
A) Get the pennies
B) He had an additional 30 pounds that I also bought
C) Got back to Seattle at 2 in the morning, and made it to work somewhat on time today
D) The average penny is a 1935 or so - plenty of 10's, 20's and 30's, very few 40's, and very little 50's
E) My total cost for these pennies, including gas, is about 3.2 cents per
And I have a heck of a story!
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Sorting and hoarding in Seattle, WA |
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Bart
Penny Pincher Member
Canada
120 Posts |
Posted - 03/05/2010 : 19:47:17
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Great score on both purchases Mooski! I hope you find a couple of the rarer early 1920 pennies!
Good luck & let us know how you make out when you get through them all.
Happy hunting!
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Nice. Yes. Very nice. |
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NDFARMER
1000+ Penny Miser Member
USA
1197 Posts |
Posted - 03/05/2010 : 21:25:33
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| You made a great deal. I have run ads in some newspapers in my area looking for wheats and I get very few calls. |
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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StuffGiant
New Member
USA
12 Posts |
Posted - 03/05/2010 : 21:39:20
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| Great find! What area on craigslist did you find these? (Heading) |
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cuppoor
Penny Sorter Member
USA
49 Posts |
Posted - 03/05/2010 : 22:53:21
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| Good find. How do you plan on offloading the wheats and other finds or are you collecting? |
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mooski
Penny Sorter Member
USA
61 Posts |
Posted - 03/10/2010 : 19:53:29
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Hoo doggie!
It looks like the average year of these coins are 1935ish. AVERAGE! I just took 20 coins out of one bucket, and this is what I got: 13, 23, 26, 28, 28-D, 29, 35-D, 38, 42, 44, 46, 46-D, 48, 48-S, 49, 51, 52, 52-S, 56, 56.
I really don't know how much I should sell these for!
When I got them, I was thinking that I could just repackage them in 5 pound bags and sell them for $50 each. But with an average age of 1935ish?
Help (or offers! ;) would be greatly appreciated! |
Sorting and hoarding in Seattle, WA |
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Craigslist Score!
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