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 Copper Penny Bullion Investing
 How Much is Enough?
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n/a
deleted


44 Posts

Posted - 07/29/2006 :  22:02:08  Show Profile Send n/a a Private Message
I like to have goals:
How many pounds or rolls do you think is good for coins?
Or should I just aim for buying a shed and filling it to the brim?

Edited by - n/a on 07/29/2006 22:42:38

realcent
Forum Admin



USA
246 Posts

Posted - 07/29/2006 :  22:26:01  Show Profile Send realcent a Private Message
Goals are good. They give you something to shoot for and help encourage you.

The only goal I have toward copper cents is to buy as many boxes as I can sort. Meaning I buy only one or two boxes at a time, and then sort them as my schedule allows. When I run out, I return the zincs and get another box or two.

I plan to keep doing it this way until there are too few copper cents in the boxes to make it worth my while.

I am trying to sort as much as I can, because I think we have a good opportunity right now. Copper cents are worth more than face value, and once they are gone from circulation, they are gone forever. It is anyone's guess when that will be, but my guess is it won't take very much longer.

To answer your question, I don't really have a number of copper cents that I am shooting for. I am going to grab them until they are gone.



Doug
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Canadian_Nickle
Penny Hoarding Member



Canada
938 Posts

Posted - 07/29/2006 :  23:11:07  Show Profile Send Canadian_Nickle a Private Message
Isn't this like the third time someone's posted this as a new topic? Please read through the archives! There's good stuff in there. Like my answer to this question. ;)
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n/a
deleted



44 Posts

Posted - 07/29/2006 :  23:29:49  Show Profile Send n/a a Private Message
Like this quote eh....
quote:
Originally posted by Canadian_Nickle

I want to get enough pure pre-81 canadian nickels that I can dump them all in a big room and swim in them like Scroodge McDuck.

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n/a
deleted



143 Posts

Posted - 07/30/2006 :  05:34:37  Show Profile Send n/a a Private Message
my body weight is the target, but i doubt i can just stop when i reach that point, it's addictive, and it's a good way to kill time

when you start off, you may think you should reach a certain target before you stop, but don't fool yourself, what start off as a measure to preserve wealth will become to a practice to feed off your addiction to sorting, and searching for good stuff

the more you sort, the more you will be addicted, don't say i haven't warn you


Edited by - n/a on 07/30/2006 05:40:29
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Ardent Listener
Administrator



USA
4841 Posts

Posted - 07/30/2006 :  07:36:14  Show Profile Send Ardent Listener a Private Message
I have been putting a lot of $$$$ into nickels. I'm considering slowing down now and putting more into silver again.

________________________
If you can conceive it and believe it, you can achieve it. -Napoleon Hill
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Canadian_Nickle
Penny Hoarding Member



Canada
938 Posts

Posted - 07/30/2006 :  15:33:27  Show Profile Send Canadian_Nickle a Private Message
I second ballcopper - it is totally addictive.
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ImperialFleet
Penny Pincher Member



USA
217 Posts

Posted - 07/31/2006 :  17:44:24  Show Profile Send ImperialFleet a Private Message
I am about to join Ardent and go for nickels...I bought 2 more Brinks boxes today that were 99%+ zinc. This makes 4 boxes in a row now. Per my original rules, 6 more boxes in a row like this and I am officially done with copper I dunno if Brinks finally figured out a way to sort zincs from coppers or if this is just an unlucky streak for me but I hope it doesn't continue.

I will maybe try buying from a different location to see how that works out.

________________________________________
“Ultimately, the Fed can flood the system by buying any kind of asset, or even dropping bank notes from helicopters" -Fed Chairman Ben Bernanke
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n/a
deleted



478 Posts

Posted - 08/01/2006 :  20:06:41  Show Profile Send n/a a Private Message
My goal is One Metric Ton.
Nickles and Pennies

A lofty goal for sure.
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Ardent Listener
Administrator



USA
4841 Posts

Posted - 08/01/2006 :  21:29:50  Show Profile Send Ardent Listener a Private Message
quote:
Originally posted by CuproNickle

My goal is One Metric Ton.
Nickles and Pennies

A lofty goal for sure.



It's not all that much. The first ton is the hardest.

________________________
If you can conceive it and believe it, you can achieve it. -Napoleon Hill
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n/a
deleted



56 Posts

Posted - 08/01/2006 :  22:17:34  Show Profile Send n/a a Private Message
I wish I could do nickels...that's the problem with living in the US. NO NICKEL!

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Ardent Listener
Administrator



USA
4841 Posts

Posted - 08/02/2006 :  08:38:42  Show Profile Send Ardent Listener a Private Message
quote:
Originally posted by Hooli

I wish I could do nickels...that's the problem with living in the US. NO NICKEL!

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There are still nickels here Hooli. I haven't got them all. The U.S. nickel has 25% nickel in them. The other 75% is copper.

________________________
If you can conceive it and believe it, you can achieve it. -Napoleon Hill
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n/a
deleted



56 Posts

Posted - 08/03/2006 :  04:30:46  Show Profile Send n/a a Private Message
Yeah, 25% is something, but it's not the same. The combination is luring for sure...I mean, my pennies are grwoing. If I add Nickels to the stash, I'm screwed! LOL! They would be easier to get than pennies though...1946-2006, I could just leave them rolled. Hmmmm....DON'T MAKE ME DO IT ARDENT!

LMAO!

Anyone know copper & nickel weight per U.S. nickel?

Dang it...I'm gonna do it. ARRRRRRDEEEENT!

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