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canadianbullion
New Member
USA
18 Posts |
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snappy
Penny Collector Member
USA
301 Posts |
 Posted - 03/07/2008 : 10:05:22
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quote:
Originally posted by NESGod
I would buy all i can get for 1.5x if anyone sells in quantity also.
I think 1.5x would be great.. if they would take a vacation to come pick them up. I only have $1050 of them sealed with #1 copper in $50 cloth bank bags. I also have 86 empty cloth bank bags that I would give to the person picking them up, some are like new.. that is from less then a year with my sorter. maybe in a couple years (more coins) I would be willing to make a vacation and delever
(current totals however they change each week) |
Selling Ryedale sorted USA cents
1.5 each + shipping over 500fv 1.5 each +1/2 shipping
If you pick up 1.35 each
located MT/ND boarder.
after Ryedale sorting they are hand sorted to remove canadian then rechecked with Ryedale to insure all copper and count out $50 FV then placed in cloth bags and sealed with #1 copper wire. |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 03/07/2008 : 10:56:22
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quote:
Originally posted by snappy
quote:
Originally posted by NESGod
I would buy all i can get for 1.5x if anyone sells in quantity also.
I think 1.5x would be great.. if they would take a vacation to come pick them up. I only have $1050 of them sealed with #1 copper in $50 cloth bank bags. I also have 86 empty cloth bank bags that I would give to the person picking them up, some are like new.. that is from less then a year with my sorter. maybe in a couple years (more coins) I would be willing to make a vacation and delever
(current totals however they change each week)
If only you lived closer, I would be there tomorrow... |
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misteroman
Administrator
USA
2565 Posts |
Posted - 03/07/2008 : 11:53:23
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Where do you live snappy?
Derek |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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misteroman
Administrator
USA
2565 Posts |
Posted - 03/07/2008 : 11:57:35
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Hoard,I told the wife about your bell Idea and she keeps asking me where my bell is.
Derek |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/07/2008 : 12:15:33
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| Members, you can use this forum to discuss buying and selling pennies or nickels in general, but please don't put together deals or make offers here. Like Candianbullion, you can post links to Buy, Sell, Trade in the body of your post or in your signature. If you think it would help I can try to move Buy, Sell, Trade up in the forum listings. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/07/2008 : 13:08:49
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misteroman.. you have to get one. I am afraid to ring mine.. it is a rather large bell and would hurt a lot if I were to be rung upside the head with it.  You could crank up the stereo and play that song "You can Ring, Ring, Ring, Ring my bell" while sorting.
Well, it looks like the market is developing for the copper cents.. the buyers and sellers just have to work out the spread and the shipping in the buy/sell forum. I have occasionally bought some myself because I know how much work is involved in generating them.. even with the best equipment. |
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. |
Edited by - HoardCopperByTheTon on 03/07/2008 13:13:44 |
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misteroman
Administrator
USA
2565 Posts |
Posted - 03/07/2008 : 22:24:58
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My Dad used to have one of those old ship bells,the ones that weigh like 50 lbs or so.Every now and then He brings it up and regrets selling it.
Derek |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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lukeownzu
Penny Collector Member
364 Posts |
Posted - 03/08/2008 : 11:09:57
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quote:
Originally posted by cyberdan
quote:
Originally posted by misteroman
NES, maybe one of the sorters on here will want to dump some on us so they have real money to get more bags/boxes?
I have first dibs though
1.5x is just a bit too low, even to free up some hunting cash. I might consider 2-2.25x (my wife told me I could make more just working part time at McD's )
lots of work involved:
- find coins
- carry into house
- open rolls
- Ryedale sort
- count zincs & bag
- count coppers & box
- carry zincs back to car
- return zincs back to bank
I am like others that hope/expect a 5X+ face value once the ban is lifted.
Except for me replace *Rydale sort* with *lots of human labor* :D
What makes you think the ban is going to be lifted? |
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lukeownzu
Penny Collector Member
364 Posts |
Posted - 03/08/2008 : 11:21:39
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quote:
Originally posted by misteroman
Cyber,
I agree 1,000% with you.I sort the pennies by hand for the Excitement(every time I get a wheatie, I call out to my Wife WHEATIE!!!) and to pull the CU's and not really for the profitability.In my life I'm pretty stictly a businessman,I don't wear a suit or tie but most of what I do is for a long term goal/future.I've collected coins on and off since I was about 10 and have always pulled the oddball coin out and put it in the jar.
For me I would never buy a sorter because then,to me, it would start to turn into a job and I couldn't just be a big kid sorting pennies.
I am the complete opposite; This provides a way for a 15 year old to make some dough and use his spare time with something worthwhile, and if I had the money I would buy a Ryedale. |
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misteroman
Administrator
USA
2565 Posts |
Posted - 03/08/2008 : 12:21:50
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LOL, you could also Get a job doing dishes or something of that nature for $8-10 an hour and I bet you'll make wayyyyyyyyy more money.It wouldn't be as fun now but if you are doing this to make money and to use up your free time then the job would be the better way to go.Could actually save up enough in a month or two to pick up a Ryedale as well.I think most states let you work at 15 in certain places.
Derek |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/09/2008 : 01:44:51
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With a Ryedale.. and the right high speed automatic counting and rolling equipment for zinc disposal it actually does pencil.. but the volume has to justify the capital investment.
Without a Ryedale.. "Would you like fries with that, sir?" is a much more lucrative option.
But for fun.. it doesn't really matter. |
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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lukeownzu
Penny Collector Member
364 Posts |
Posted - 03/09/2008 : 10:36:42
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quote:
Originally posted by misteroman
LOL, you could also Get a job doing dishes or something of that nature for $8-10 an hour and I bet you'll make wayyyyyyyyy more money.It wouldn't be as fun now but if you are doing this to make money and to use up your free time then the job would be the better way to go.Could actually save up enough in a month or two to pick up a Ryedale as well.I think most states let you work at 15 in certain places.
Derek
You can't really get a job here in Wa at all till your 18, especially because the minimum wage is about 8$ an hour. |
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aboxaweek
Penny Collector Member
USA
326 Posts |
Posted - 03/10/2008 : 17:19:55
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| i think it might be even 14 in my town or 15. but i think i will pass for anoter year or two |
*HUCKABEE*
___08'____
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El Dee
Penny Hoarding Member
USA
547 Posts |
Posted - 03/10/2008 : 17:36:59
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quote:
Originally posted by misteroman
I think most states let you work at 15 in certain places.
Sure, if that certain place is the family farm. |
Trust the government? Ask an Indian. |
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n/a
deleted
35 Posts |
Posted - 03/11/2008 : 00:00:55
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| I'm with alot of u. It's all about the hobby of it, like when I was a kid starting my Lincoln collection. A sorting machine would be a waste of my time. And by the way, I am selling every copper I can get, for 2 cents. |
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misteroman
Administrator
USA
2565 Posts |
Posted - 03/11/2008 : 00:36:42
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I've actually had a few people pm/email in the last week about selling them to me for 1.5.
Has the prices went down recently or something?
Derek |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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n/a
deleted
35 Posts |
Posted - 03/12/2008 : 23:01:39
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| As far a pennies sellers and buyers...I think some are really capitalizing on the paranoia of everyone else. To answer you question, the price hasn't come down because it doesn't really exist. You can't smelt the pennies. So some are just making a buck off some smuts that think the return is going to be soon. No way I would buy a Lincoln, but you can buy mine...for now. |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 03/13/2008 : 07:44:43
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quote:
Originally posted by glenn
As far a pennies sellers and buyers...I think some are really capitalizing on the paranoia of everyone else. To answer you question, the price hasn't come down because it doesn't really exist. You can't smelt the pennies. So some are just making a buck off some smuts that think the return is going to be soon. No way I would buy a Lincoln, but you can buy mine...for now.
The smuts are the ones holding dollars in bank accounts that are making negative returns versus inflation. |
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misteroman
Administrator
USA
2565 Posts |
Posted - 03/13/2008 : 23:32:35
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^^^^ true
Derek |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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Epaphras
Penny Collector Member
USA
382 Posts |
Posted - 03/13/2008 : 23:46:05
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quote:
Originally posted by glenn
As far a pennies sellers and buyers...I think some are really capitalizing on the paranoia of everyone else. To answer you question, the price hasn't come down because it doesn't really exist. You can't smelt the pennies. So some are just making a buck off some smuts that think the return is going to be soon. No way I would buy a Lincoln, but you can buy mine...for now.
Hmm, that's strange. The largest internet market says otherwise. And last I checked it was people who set the price. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
 Posted - 03/14/2008 : 00:41:07
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quote:
Originally posted by glenn
As far a pennies sellers and buyers...I think some are really capitalizing on the paranoia of everyone else. To answer you question, the price hasn't come down because it doesn't really exist. You can't smelt the pennies. So some are just making a buck off some smuts that think the return is going to be soon. No way I would buy a Lincoln, but you can buy mine...for now.
How many do you have for sale? Oh yeah, it probably isn't very many since you don't have a machine and you wouldn't want to waste your valuable time sorting them. Probably not enough to even make up a single shipment.
I would buy them.. but I wouldn't want you to think I am a smut. Oh well, maybe I can buy some from somebody else.  |
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. |
Edited by - HoardCopperByTheTon on 03/14/2008 00:44:32 |
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wheeler_dealer
Penny Collector Member
USA
402 Posts |
Posted - 03/14/2008 : 01:27:34
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As far as penny buyers and sellers go, for every seller there is a buyer. We call that CAPITALISM.
Yes the market does set the price. |
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n/a
deleted
35 Posts |
Posted - 03/21/2008 : 23:11:04
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| I suggest you go back and reread the definition of Capitalism as originally coined by Marx. |
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fiatboy
Administrator
912 Posts |
Posted - 03/22/2008 : 00:08:40
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Penny hoarding is a primarily speculative endeavor at this point, and the speculation is predicated on the theoretical melt value of a penny---just like 90% silver. A few people are selling at a profit, but they're the exception. We still have a long way to go. The U.S. and Canadian Mints haven't even stopped minting the penny yet!
Gresham's Law has always prevailed. Just give it time. |
"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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Topic |
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Anyone buying Copper pennies yet 59-81?
Forum Locked
