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 Copper Penny Bullion Investing
 5 Gallon Water Jugs
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Aristobolus
Penny Sorter Member


76 Posts

Posted - 06/25/2010 :  23:43:04  Show Profile Send Aristobolus a Private Message
I have been storing my copper pennies in 5 gallon water dispenser jugs. Do any of you use the same method of storage? If so, how many pennies fit in one jug?

BTW, these make great storage containers; and you can oftentimes get what is called "leakers" (with minor pinholes or know discernable problem but being ugly for free or a lost cost at your local Water Supply company.

TheJonasCollegeFund
Penny Collector Member



USA
381 Posts

Posted - 06/26/2010 :  00:00:33  Show Profile Send TheJonasCollegeFund a Private Message
Makes a great storage container until you decide to move it or empty it. I didn't have mine 1/4 full and it was a pain in the but to move/pick up and to empty out. It will work for the long haul but may not for the short term. By the way, I had about $100 at the 1/5 mark.

MD Totals: Started Aug16th.(Updated Sept10th) 819 clad/cu coins/$41.13
Quarters-78
Dimes-122+1 silver roosie (1957)
Nickels-81 (56d,53d)
Copper Pennies-147
Zinc Pennies-386
Wheats-5 (36,36,46,46d,50d)
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Computer Jones
1000+ Penny Miser Member



USA
1112 Posts

Posted - 06/26/2010 :  00:09:23  Show Profile Send Computer Jones a Private Message
I rolled a 5 gallon water jug of quarters for an office mate about 10 years ago.
It needed a friend to move it to my house, it was HEAVY.
It took a little over 3 days to count and roll, I found 19 silver quarters and had just over $5000 in rolled coin to give back for the effort.
I don't know what that would be in Cent coins, but I'd bet it's more than you'd think it would be.
I'll never store coin in those big jugs, unless I have a forklift!

I use 1/2 gallon plastic milk jugs to store my hoard.

There's profit if you melt things!!
8{>

Edited by - Computer Jones on 06/26/2010 00:12:58
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brian0918
Penny Collector Member



USA
315 Posts

Posted - 06/26/2010 :  05:26:38  Show Profile  Send brian0918 an AOL message Send brian0918 a Private Message
It's at least 6,000 pennies a gallon, so over 30,000 for your jugs.

"The man who speaks to you of sacrifice, speaks of slaves and masters. And intends to be the master." -- Ayn Rand

Searched: $2230 Nickels; Liberty: 1; Buffalo: 4; War: 20; 2009: 2; 2010D: 8
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bsno2865
Penny Sorter Member



USA
62 Posts

Posted - 06/26/2010 :  11:42:10  Show Profile Send bsno2865 a Private Message
quote:
Originally posted by Computer Jones

I rolled a 5 gallon water jug of quarters for an office mate about 10 years ago.
It needed a friend to move it to my house, it was HEAVY.
It took a little over 3 days to count and roll, I found 19 silver quarters and had just over $5000 in rolled coin to give back for the effort.
I don't know what that would be in Cent coins, but I'd bet it's more than you'd think it would be.
I'll never store coin in those big jugs, unless I have a forklift!

I use 1/2 gallon plastic milk jugs to store my hoard.


Brian North
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bsno2865
Penny Sorter Member



USA
62 Posts

Posted - 06/26/2010 :  11:43:29  Show Profile Send bsno2865 a Private Message
Profit if you melt round thigs? That quote kills me.....

Brian North
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slickeast
1000+ Penny Miser Member



USA
2533 Posts

Posted - 06/26/2010 :  12:05:29  Show Profile Send slickeast a Private Message
Go to your local donut shop or store bakery and ask for the frosting buckets. The 2 1/2 gal are great for moving around. They weigh 75-80 lbs full. The 5 gallon ones are good for long term storage. Get a good handtruck to move them around.

You don't have to be the BEST you just have to be.......SLICK

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Aristobolus
Penny Sorter Member



76 Posts

Posted - 06/26/2010 :  13:46:45  Show Profile Send Aristobolus a Private Message
Thanks for the input. I have moved 2x in the past few years, and a good dolly was sufficient to move these beasts! But for some it would be a bit much.
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Kurr
1000+ Penny Miser Member



2906 Posts

Posted - 06/26/2010 :  13:51:12  Show Profile Send Kurr a Private Message
I always figure a 5 gallon jug holds about 300.00 facevalue


The silver [is] mine, and the gold [is] mine, saith the LORD of hosts. Hag 2:8 [/b]
He created it. He controls it. He gave it to us for His use. Why did we turn from sound scriptural currency that PROTECTS us?

KJV Bible w/ Strong's Concordance: http://www.blueletterbible.org/
The book of The Hundreds: http://www.land.netonecom.net/tlp/ref/boh/bookOfTheHundreds_v4.1.pdf
The Two Republics: http://www.whitehorsemedia.com/docs/THE_TWO_REPUBLICS.pdf
Good reading: http://ecclesia.org/truth/government.html

A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears

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uthminsta
1000+ Penny Miser Member



USA
1872 Posts

Posted - 06/26/2010 :  14:29:25  Show Profile Send uthminsta a Private Message
Before I was a copper sorter, I took one full and one around 2/3 full to the bank to pay for my honeymoon. It was over $500. So as a REAL ROUGH estimate, it sounds like $300. That would be around 200 pounds if all copper, right?

Come to the new and improved realcent: http://realcent.org
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Nickelless
Administrator



USA
5580 Posts

Posted - 06/26/2010 :  15:50:21  Show Profile Send Nickelless a Private Message
Your bank will give you really dirty looks if you bring in a 5-gallon jug full of pennies. Not that I've tried this.


Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp
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Common Cents
Penny Sorter Member



82 Posts

Posted - 06/26/2010 :  16:08:07  Show Profile Send Common Cents a Private Message
The first container I filled was a 5 gallon water jug. After seeing how much it weighed, I switched to smaller containers. I now use half gallon plastic juice bottles, which hold $30 face or about 20 lbs. of pennies. The 5 gallon jug will hold well over 30,000 pennies and better than 200 lbs.
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uthminsta
1000+ Penny Miser Member



USA
1872 Posts

Posted - 06/26/2010 :  17:11:06  Show Profile Send uthminsta a Private Message
When I took mine to the bank, I had to cut a big area out of the side to get them out. I put them in 10 to 12 smaller containers and took them in two at a time to the bank. Their faces went from amused to surprised to confused to holy cow...

Come to the new and improved realcent: http://realcent.org
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misteroman
Administrator



USA
2565 Posts

Posted - 06/27/2010 :  21:07:55  Show Profile Send misteroman a Private Message
I store all my CU's in 5 gallon buckets. Thankfully I don't have to move them but that might be in the near future. Thought they held $200 though. might have more CU then I thought

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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scaryman
New Member



USA
5 Posts

Posted - 06/28/2010 :  19:28:43  Show Profile Send scaryman a Private Message
I store my coppers loose in the Brinks boxes the rolled coins come in. My bank is happy to give me empty penny, nickel, dime and quarter boxes. I weight each box and record the weight on the top. Any bigger containers and they are just too unwieldy. I carry the rejects to my dump bank in canvas mint bags three or four at a time. I try to keep these at 15 to 20 lbs. or less so the teller girls can handle them.
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Nickelless
Administrator



USA
5580 Posts

Posted - 06/28/2010 :  19:40:44  Show Profile Send Nickelless a Private Message
I'm putting my coppers in the half-liter plastic bottles I'm rotating out of my emergency water supply after I drink the water from the older bottles and buy new ones. A bottle full of coppers makes a nice little club if needed.


Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp
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misteroman
Administrator



USA
2565 Posts

Posted - 06/29/2010 :  08:59:19  Show Profile Send misteroman a Private Message
are you smiting your enemies
now Chad?

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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