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 Disposing of Zincs - A True Challenge
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HoardCopperByTheTon
Administrator


USA
6807 Posts

Posted - 01/24/2008 :  11:47:35  Show Profile Send HoardCopperByTheTon a Private Message
Disposing of our zinc cents is a challenge faced by many of us. Hopefully this thread can remain on topic with us real penny hoarders sharing ideas and stories about disposing of our zinc cents.

So far my record for a single non-bank transaction is a single $25 brick of zinc. I did this back to back at a gas station and a grocery store over the weekend.. 1 box at each. I intend to break that record sometime soon.

Please share your stories about disposing of zinc cents. Maybe we can get a few ideas from each other.. or at least get a few laughs.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.

El Dee
Penny Hoarding Member



USA
547 Posts

Posted - 01/24/2008 :  13:02:29  Show Profile Send El Dee a Private Message
Hoard has made me bold.

I'm up to 4 rolls at gas stations. No problems.

Trust the government? Ask an Indian.
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Epaphras
Penny Collector Member



USA
382 Posts

Posted - 01/24/2008 :  13:53:45  Show Profile Send Epaphras a Private Message
Before getting the Coin Artist, zinc disposal was no problem; go to my one bank with $60 of rolled cents and be done with no hassle. Now that I have a machine that goes the cents as a whale does water, I am having to hold on to some zincs for a little longer. I had two dump banks, but one had horrible additudes and customer service, so I closed that account. So having one dump/source bank doesn't make it easy. In a couple of weeks I plan on finding another bank or two.

I am thinking about Bank of America. Could some of you who have dealt with them tell me about how many boxes they allow you and how much you have been able to dump?
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 01/24/2008 :  14:25:01  Show Profile Send HoardCopperByTheTon a Private Message
Bank of America is an excellent bank. Of course policies will vary from branch to branch for any bank but I have had good luck with them. The one thing I really like is that they are willing to take coins by the bag. This will certainly save you a lot of time rolling. I dump 12 bags once per month at my main branch and a couple of bags per week at the branch near work. There are probably 45 branches between my home and work, so I suppose if it wasn't so much fun spending rolls of zinc I could probably get rid of all my zinc by bagging it and visiting several branches. One of my buddies has told me he has no trouble depositing bags at several different branches. My boss also dumps her nickels there. Her branch does not even require her to count them. She just fills up a bag and they send it to their central vault for counting. Of course we precounted a few bags of her nickels with the Mach 7 just to verify their accuracy.

If you are going to open an account with BofA, let me know. I will send you a referral card where we each get $25 for you opening a new account. That is a fresh box of unsorted pennies for each of us.

I dumped 4 rolls at the drugstore this morning and 12 rolls at the corner gas station.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 01/24/2008 :  17:47:03  Show Profile Send HoardCopperByTheTon a Private Message
I only had 4 rolls of zinc left this afternoon so I had to supplement the afternoon gas purchase with 8 rolls of dimes. I gotta start packing more zinc.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 01/24/2008 :  18:01:38  Show Profile Send NotABigDeal a Private Message
Had a conversation with the owner of the gas station up the street. The topic of pennies came up. He said, "Money is money, bring them here, I'll take them." What do you think, start him off slow, Drop a box for some gas? I don't have a disposal problem, now I just want to see who I can get to take pennies, and how many they will take. I almost feel deviant....This will be fun.

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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NDFARMER
1000+ Penny Miser Member



USA
1197 Posts

Posted - 01/24/2008 :  19:09:30  Show Profile Send NDFARMER a Private Message
I am surprised you are able to spend customer wrapped rolls at businesses. How can they be sure you have 50 cents in each roll, and not a bunch of slugs? One of my dump banks requested that I not bring the pennies in rolled up because they have to break open each roll and run it through their counter. I guess they had a problem with someone bringing in rolls full of slugs.

One of my dump banks I have done business with for over 30 years so they kind of feel obligated to take a few bags a week from me. But my other new dump bank I was honest with them right from the start I said I wanted to open a checking account and that I collect coins and would be bringing in 8 - 10 bags of pennies a week. They said that was fine, bring them in. Last Tuesday I dropped off 8 bags with no problem. On thing that I do with both banks that they really seem to like is I just leave a deposit ticket with them and then they can run my bags through the counter when they have some free time and don't have customers lined up. They just mail me my copy of the deposit ticket. And I can also go on-line to check the deposit.

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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El Dee
Penny Hoarding Member



USA
547 Posts

Posted - 01/24/2008 :  19:14:48  Show Profile Send El Dee a Private Message
All the rolls I've dropped have been machine rolls. They take them without any problem.

I think you're right that they'd balk at customer wrapped rolls.


Trust the government? Ask an Indian.
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n/a
deleted



34 Posts

Posted - 01/24/2008 :  19:30:36  Show Profile Send n/a a Private Message
Aslong they are rolled . I say spend all over the place and it dont mater where they go.
1. Try your grocery store that has an booth where they buy coins or sell money ordors, cash checks. I just tell them I need to some food and dont want to try fill your checkout lines full of coins. They buy it and I buy my food or whatever thats in shopping basket.
2. My Kroger store has those self service checkout lines with coin machices . I dump lots coins there . I can dump all coins but half dollars there. I never found vending machice that takes halfs. The Kroger store with those self checkline lines there vending machices take pennys no problem. Its drag sometimes to insert serval rolls of pennys in there one at time but it works.
3. The other places are gas stations . Unrolled or rolled coins I dump there to top off my gas tank in car.
4. I dump in bank coin machices sometimes if dont want to roll them

It can be pain to dispose 5k worth of half dollars or $1500 worth coins at even given time. Last week I dumped over 5k worth half dollars into bank machices and the secord week it was 1250 face on dimes, 300 worth nickels, 50 bucks worth of zinc pennys . Becides me pulling copper from fedboxs I pull silver , proof coins from half dollars boxes and build sets. I search them all it dont mater to me if an zinc penny or half dollar, dime, quarter or whatever.

One beter way to dispose of lot zinc pennys I do it all do time. I mix them up with nickels, half dollars, baby dollar coins, dimes, quarters or whatever where they dont all freeked on just pennys. If you need dump 500 dollars worth pennys . I would buy an 250 dollar dime box or serval rolls of baby dollars, rolls of quarters from bank. Fill the intire bag or boxs all mixed up with coins becides just dumping pennys.
1. On dime boxs and quarter remove all silver coins if found. I like those clear tubes where you see copper edge on them where you dont need to look at each coin. If find an coin in there that silver without the copper sandwich clad its silver. Pull it or remove it from roll. 1250 face on dimes got me two silver dimes in less than two hours. The rest of them just mix into the zinc pennys where they dont freek out at bank just looking at tons of pennys. If you have half dollars toss them into mix also with sac dollars , new gold dollers, susan dollars.

Its fun to mix them where they dont freak out over just zinc pennys at dump banks. Most the time they will freek out over the half dollars and not even think about pennys. Make the mix look like its not all pennys your dumping.

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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n/a
deleted



34 Posts

Posted - 01/24/2008 :  19:38:12  Show Profile Send n/a a Private Message
One thing I forgot about rolled coins. Save all your clear plastic tubes from trucking companys. You can reroll them where they can see each roll of pennys or whatever. They think they wraped from Brinks and will take them since they can see thru clear plastic. I do it sometimes becides the flat wrapers you cant see what inside them.

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 - 01/24/2008 :  20:14:34  Show Profile Send HoardCopperByTheTon a Private Message
All of my rolls have been machine rolls too. Since I have 2 rolling machines that is not a problem. I sure wouldn't want to roll that many pennies up by hand. Funny thing.. even though the 4 rolls of pennies I spent at the drug store this morning were machine wrapped the gal says "You have to put your name address and phone # on those before we can accept them" I asked "Even if they are machine wrapped?" She said "Yes, that's our policy.. we can't be sure what's inside" Not allowing her to disuade me from spending my zinc this way (You guys would lose all respect for me) I picked up a pen and started writing on the rolls. So then she sees her gambit didn't work so she tells me name and phone # will be just fine. After I finish I tell her "You know if I were going to give you a bunch of slugs in rolls I probably wouldn't be doing it with penny rolls and I would be writing a fake name and # on the rolls."

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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TXTim
Penny Hoarding Member



629 Posts

Posted - 01/25/2008 :  11:17:25  Show Profile Send TXTim a Private Message
If I ever have to return hand rolls and am asked to write my acct. # or anything else on the roll, I challenge them first and tell them I don't want my acct. # given to the next person who wants rolled coins. Many times that works and I tell them to keep the box I bring them in which I have written name and phone # on. If they press me into writing my name on 100+ rolls, I do so at their station and hold up business as I carefully write a number on each roll in unreadable scrawl, admitting to them that I am not good at penmanship. When they offer to help, I decline. That sometimes reverses their policy.
Thank God that 99% of my returns are in bags or lobby machines.

Beer is my currency.
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n/a
deleted



34 Posts

Posted - 01/25/2008 :  12:26:15  Show Profile Send n/a a Private Message


I hate that when they make you write your account number on rolls. I found away around where you dont do it. If you can reuse the plastic tubes of coins it will work. You cant write on platic tubes. It would nice have those plastic tube machices. Where do you buy plastic tubes or machices anybody know where and the cost?

Thanks 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 - 01/25/2008 :  15:27:23  Show Profile Send HoardCopperByTheTon a Private Message
Most rolling machines use paper and are very expensive. I imagine the Brinks type rolling machines cost a lot too, and it would probably be harder to buy rolling supplies for them. If you do have to put all that info on your rolls you might consider prining out sticker labels from your computer and just putting those on them.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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Tourney64
1000+ Penny Miser Member



USA
1035 Posts

Posted - 01/25/2008 :  16:23:14  Show Profile Send Tourney64 a Private Message
I've had stickers printed with me, just in case with name and phone. I will not give my account number to anyone except the bank. I will not put my account # on a roll, and you shouldn't either. Giving your account number to another member, via the bank issuing rolls you turned in, would most likely be a violation of their own privacy policies. Most financial institutions have to send theior privacy policies out each year at this time.
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cyberdan
Penny Collector Member



USA
289 Posts

Posted - 01/25/2008 :  18:36:11  Show Profile Send cyberdan a Private Message
quote:
Originally posted by Epaphras

I am thinking about Bank of America. Could some of you who have dealt with them tell me...

BofA is my main source bank. I dumped a large bag there a few years ago. It was mixed coin that I found with my metal detector. They said they would not take my word for the $$$ value. They would have to send it in and then I would have to wait till they got it counted. It came in less than I anticipated.

All my dump banks now credit me immediatly and I don't have to wait a week like with BofA.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 01/25/2008 :  19:52:39  Show Profile Send HoardCopperByTheTon a Private Message
The reason it came in short is all those zinc pennies you turned in rejected out of their counter. I metal detect too, so I know what they look like. They get in bad enough shape through normal circulation, but become very machine unfriendly when buried in the ground.

I precount everything I turn in so I know exactly how much I gave them. They have never made a single adjustment on me.

BofA never makes me wait. They always just count the C-notes out on the counter as soon as I drop off the bags of pennies.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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Art Tatum
Penny Collector Member



USA
400 Posts

Posted - 01/25/2008 :  22:56:16  Show Profile Send Art Tatum a Private Message
I will give you my Zincs!

I am nice like that!

my machine is running!
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 01/25/2008 :  23:18:27  Show Profile Send NotABigDeal a Private Message
Well, I'm without photographic evidence, and the store owner barely speaks English, let alone write it to give some sort of sworn testimony to prove it, but I DID pay for $25 in gas with a box of hand-rolled zincs. He didn't look to see if I shorted him, which I didn't. Remember, I go to this store frequently, so he knows who I am by face, not name. Calls me chief....like he calls everyone else....hehe.

I would never write my bank info on the rolls. I do frequently receive rolls with name, address, phone, and account number on them. I return zincs in these stackable heavy duty plastic containers. If I could figure out how to post pictures here, I'd show you guys. Pretty cool. One will hold 10 unopened boxes easily. You however, will barely be able to carry it....hehe. I usually put $100-$150 loose in each, include a large dipping cup, and the bank girls love them. Best part, when empty the containers fit inside each other. You can SAFELY stack six full boxes and dolly them. They would work great on a cart.

I have never used BofA.

Deal

p.s. Is there somewhere I can practice posting pictures?

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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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 01/26/2008 :  00:55:47  Show Profile Send HoardCopperByTheTon a Private Message
quote:
Originally posted by Art Tatum

I will give you my Zincs!

I am nice like that!



How about I give you mine? You are better at getting rid of them than I am.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 01/26/2008 :  01:17:56  Show Profile Send HoardCopperByTheTon a Private Message
quote:
Originally posted by NotABigDeal

Well, I'm without photographic evidence, and the store owner barely speaks English, let alone write it to give some sort of sworn testimony to prove it, but I DID pay for $25 in gas with a box of hand-rolled zincs. He didn't look to see if I shorted him, which I didn't. Remember, I go to this store frequently, so he knows who I am by face, not name. Calls me chief....like he calls everyone else....hehe.

p.s. Is there somewhere I can practice posting pictures?



Woohoo! Welcome to the brick club. And the doubters said it couldn't be done. You just tied the record for a single non-bank zinc transaction. That guy probably has enough pennies for a week now. You may have actually saved him money too. Banks usually charge their merchant customers a healthy per roll fee to provide rolled coin.

Photobucket is a good place to practice posting pictures.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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n/a
deleted



34 Posts

Posted - 01/26/2008 :  04:27:26  Show Profile Send n/a a Private Message
Wells fargo must be cheap on buying coin boxs from feds or trucking company. I just bought an bag of 100 bucks worth nickels and 25 bucks worth pennys. They were all hand rolls and they lefht the other person account numbers on them. They all hand rolled and could be loaded with slugs or junk , short on them or whatever.

What do I with account number on rolls just trash the wrappers ? I think those banks need to send those coins back to trucking company or feds becides selling to the public like me. The bank teller I guess they dont care about having bank acounts numbers all over them I can read all over them. If the wrong person got those coins or wrapers an person could maybe do some damage to peaple who sold them the coin rolls.

You guys are correct it not worth puting your number on any coin rolls look what wells fargo sold me. Ow well I would not trust those banks or put your numbers on them for sure.

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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Art Tatum
Penny Collector Member



USA
400 Posts

Posted - 01/26/2008 :  12:40:42  Show Profile Send Art Tatum a Private Message
quote:
Originally posted by HoardCopperByTheTon

quote:
Originally posted by Art Tatum

I will give you my Zincs!

I am nice like that!



How about I give you mine? You are better at getting rid of them than I am.



working the coin show with you should be fun! let's walk around and ask dealers if they have pennies we can buy from spare change!!!





my machine is running!
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cyberdan
Penny Collector Member



USA
289 Posts

Posted - 01/28/2008 :  15:09:50  Show Profile Send cyberdan a Private Message
quote:
Originally posted by HoardCopperByTheTon

The reason it came in short is all those zinc pennies you turned in rejected out of their counter. I metal detect too, so I know what they look like.

This was before my coin counter days. I didn't count that stash. I know what you mean about cancer lincolns. I have a very large baggy of those. I didn't send them to BofA.

I did try to give them to a coinstar. The one and only time I used that machine. I was at a store I do not usually go to and brought that bag of coins in and slowly started feeding coinstar. It would take some and reject several, but I would keep putting more in untill I heard a funny noise. Then everything stopped and a messige on the screen said to see the manager. I quiety collected all coins I could and decided it was time to go home.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 01/28/2008 :  16:45:27  Show Profile Send HoardCopperByTheTon a Private Message
You can turn those in at the Philly mint next time you are there and get shiny new Zincolns. The way I get rid of those is to hand roll them. Don't put them all in one roll. Just put a few in each roll with normal zinc. Don't be surprised if you get them back at some time in the future. You know what they say about bad pennies.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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n/a
deleted



35 Posts

Posted - 01/29/2008 :  20:57:49  Show Profile Send n/a a Private Message
You guys are talking about penny's which most people care less about. Just toss them over the bridge guys or everyone will think your nuts. That said, if u must have the money back then just save them also because every thing in this world eventually becomes collectible. ok. But its not worth the time for u to make everyone think your nuts. i do hoard copper penny's as a hobby, but i do not sacrifice my time...
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