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Frugi
Administrator
USA
627 Posts |
Posted - 09/27/2006 : 19:49:43
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| Just to clarify any sale that was made to my local scrapyard was sold as-is, where is, no questions asked--however it was always implied that the coins were sold for purposes other than to melt them. It is hinted by both myself and the buyer that these would be just held onto---however these scrapyards around here are wise to the notion of the value in metal coins[they can always be melted but only when absolutely necessary]so even though they were sold at a market price for copper, my end of the arrangements have always been selling them for a numismatic purpose[such as saving them for their children or whatever.] |
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Frugi
Administrator
USA
627 Posts |
Posted - 09/27/2006 : 20:04:23
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| And for percentages---Late in 2005 I, like normal picked up a box of lincoln cents at my local bank on my way to work. Upon opening the box(brinks) I noticed a large number of wheat cents on the top end of many of the rolls. Believe it or not just about the entire 2500 were all wheat cents. After noticing that the first ten rolls opened contained 40-50 wheats per roll I closed my store and went back to the bank and bought two more boxes-which those turned out to be normal average of 30% copper. So the first box must of been a true rarity-somebody must of cashed in a large cent hoard for face value. Most of the cents were common dates with only a few that averaged out at over $5.00 in value; but most all were early dates 1936 and earlier. My total intake was about 2000 copper cents, 1900 of which were wheats, and 500 being zinc. I dont like braggers but I had to share this story--it is nice to have a place to tell/talk about this stuff because most people think im nuts when I talk about hoarding pennies. |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 09/27/2006 : 22:23:10
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| Wow! That's a great find. The best bank box find I had was a whole roll of canadian steel war nickels - these usually wore out very fast, because they weren't made of nickel at all. The whole roll was circulated but with many examples still in VF/NM |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 09/28/2006 : 02:42:03
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1 box Canadian nickels. Royal bank branch - machine rolled box. For some reason, RBC cuts the tops off all the boxes they give out coins in. Weird.
Sorts:
463 oe .999
15 12-sided ye
2 12-sided George VI
1 Round George VI
24 r y e
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505 /2000
25.25%
Also: 1 steel war nickel
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81 Posts |
Posted - 09/28/2006 : 21:09:45
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bought 17.50 in pennies today..
here's the breakdown:
449 copper
1 wheat
1 canadian
1299zinc.
not a bad haul though i am disappointed i didnt get more wheats.
maybe i'll have better luck tommorow when i turn in the 13 dollars in zinc for more rolls. |
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81 Posts |
Posted - 09/29/2006 : 19:57:41
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12 bucks in pennies today...
1200 total
41 non zinc 82
6 zinc 82
316 pre 82
2 wheat
3 canadian
842 zincs
smidge over 25% in copper pennies. not too shabby.
i tell them im looking for wheats and good grade pennies of different years for my "penny collection". didnt even bat an eyelash at me. i even bought them with my zinc rolls from yesterday. again, didnt bat an eyelash at me. i love the banks i go to.
well see what i get come monday. |
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cakesea
Penny Sorter Member
51 Posts |
Posted - 09/30/2006 : 18:12:20
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1600 total pennies
390 copper pennies
7 wheaties
1 canaduan copper
1201 zinc
about 25 percent |
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143 Posts |
Posted - 09/30/2006 : 18:57:46
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through 70 rolls of nickels, 468/2800 = 16.7%
i.e., for every 600 dollars worth of nickels that's being sorted, we get 100 dollars worth of pure nickel 5-cent pieces back |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 10/01/2006 : 21:28:47
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1 box canadian nickels, TD bank, collingwood ON - 40 hand rolls and 10 CDI machine rolls.
Breakdown:
446 OE .999ni
21 rye
5 12s ye
1 George vi
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473 /2000
=23.65%
Also: 2 canadian pennies (1 copper, 1 zinc) and steel nickel with a mickey mouse sticker on it.
Ballcopper: it takes me about $450 in mixed nickels to get $100 in pure .999ni |
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81 Posts |
Posted - 10/02/2006 : 14:09:13
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$10.00 in pennies.
311 pre 82
43 82 total
8 82 zinc
35 82 copper
6 wheat
1 copper canadian
639 zinc total
36% copper. not a bad haul |
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Frugi
Administrator
USA
627 Posts |
Posted - 10/02/2006 : 21:44:28
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Bought 20 rolls today
10 rolls were obviously brought in by a customer the ends were taped shut and they were old wrappers---all ten were all pre-1981 (they looked like they rolled up years ago and had been sitting around awhile- believe it or not no wheats in any of those rolls, but there was a good amount of GEM BU 60's and 70's dates.
The other 10 rolls were nothing special as of right now I have searched 7 of 10 with only a mere
44 copper cents, 2 of which are wheats, all the rest are zincs.
Real Eyes Realize Real Lies |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 10/07/2006 : 13:08:11
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Penny sorting
8 rolls, 400 cents
87 pre 1982
8 copper 1982 cents
1 wheat
96 copper
24% copper no complaints
Also picked up 3 rolls of nickels, I wanted add to my 5 cent hoard. No rare dates, 1 from 1954 from Denver, 2 from 1960, 1 from Denver, 1 from 1962 from Denver.
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78 Posts |
Posted - 10/07/2006 : 16:18:44
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One box from Titan Armored Car Courier:
2,500 pennies:
704 copper (28.6%) (including wheats, 82's, and canadian copper)
20 wheats
80 1982's:
56 copper (70.0%)
1 Bahamas starfish penny (zinc) |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 10/09/2006 : 00:37:49
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1 box Canadian nickels. From TD collingwood. All hand rolled.
484 older elizabeth .999ni
7 12s ye
13 rye
1 12-sided george vi
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505 /2000
25.25%
Also: 2 Jamaican $5 coins
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78 Posts |
Posted - 10/11/2006 : 20:31:16
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One box from N.F. String and Son, Inc. dated June 1, 2006:
2,500 pennies:
741 copper (29.6%) (including wheats, 82's, and canadian copper)
11 wheats
98 1982's:
77 copper (78.6%) |
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17 Posts |
 Posted - 10/12/2006 : 03:45:26
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I continue to sort Cu from Zn and find 30.50 % Cu. This confirms what you are finding. I think it would be useful if we note our locations (mine is Chicago suburb) in order to look for early trends or confirmation that the % Cu is less near Washington D.C., etc.
Thanks for your dedication and detail.
quote:
Originally posted by IM_O.K.
I bought a $25.00 box of pennies today and sorted out exactly 30% 1981 and older. I do not save the 1982s. I also got 9 wheats.
A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. --- Robert Frost
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 10/12/2006 : 07:51:14
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quote:
Originally posted by Frugi
Just to clarify any sale that was made to my local scrapyard was sold as-is, where is, no questions asked--however it was always implied that the coins were sold for purposes other than to melt them. It is hinted by both myself and the buyer that these would be just held onto---however these scrapyards around here are wise to the notion of the value in metal coins[they can always be melted but only when absolutely necessary]so even though they were sold at a market price for copper, my end of the arrangements have always been selling them for a numismatic purpose[such as saving them for their children or whatever.]
Not to get off-topic here, but that is the beauty of base metals in the form of coins because of their face value and the goverment hallmark of purity.. If someone wants to speculate that the price of base metals are going to go up, coins present a lot of advantages over scape metals alone. Let me put it this way, if you have a ton of copper (bronze) pennies and a ton of scrap bronze which one would you hold onto longer?
________________________
If you can conceive it and believe it, you can achieve it. -Napoleon Hill |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 10/13/2006 : 18:51:23
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Copper penny percentages
4 rolls
200 cents
50 pre 1982
1 wheat
7 copper 1982
58 copper total
29% total copper. Nice!
Also picked up a few rolls of nickels,
best finds , one 1940 Denver, one 1958 Denver, one 1963 , looks like it came out of the mint last week.
I think I will stick with this new bank for coin hoarding. |
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78 Posts |
Posted - 10/13/2006 : 20:44:41
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Ardent,
It's also good because the scrapyard will know what they're getting, as opposed to just getting a heap of who-knows-what from someone. If course, there could be some zinc's mixed in, but if it comes to the point where scrapyards are buying pennies, I'm sure they'll have some kind of high-speed sorting machine.
One box from Titan Armored Car Courier:
2,500 pennies:
851 copper (34.0%) (including wheats, 82's, and canadian copper)
6 wheats
100 1982's:
72 copper (72.0%)
1 Bahamas starfish penny (zinc) |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 10/13/2006 : 21:53:54
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40 rolls from TD Bank Collingwood. 33 CDI machine wrapped, 7 hand rolled.
354 .999NI Older Elizabeth
19 Round Young Elizabeth
4 12-sided ye's
1 "Rabbit"
1 1947ML George head
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379 / 1600
= 23.69% |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 10/16/2006 : 21:30:38
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15 hand rolls of Canadian Nickels, TD Collingwood
134 .999NI Older Elizabeth
5 Round Young Elizabeth
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139 / 600
=23.16%
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 10/19/2006 : 17:06:26
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4 rolls 200 cents
48 copper
6 copper 1982’s
2 copper Canadian
56 total 28%
Of special note:
2 pennies, dated 1978 and 1973, looked wedged shaped when looked at edgewise, error coins? |
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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 10/19/2006 : 20:07:18
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One sealed Brinks box = 2500
752 bronze (copper) cents
21 wheat cents
16 canadian (1 of which was a King George)
85 1982s
1 Very strange copper penny size coin with uncirculated printed across the top, a large P in the middle, and Philadelphia across the bottom. On the other side it has Treasury across its top, the seal of the Treasury in its middle, and United States of America. ?????? It was worth the sort just to find this little gem, though I don't know its value if any.
The rest were zincers.
________________________
If you can conceive it and believe it, you can achieve it. -Napoleon Hill |
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cakesea
Penny Sorter Member
51 Posts |
Posted - 10/19/2006 : 20:17:18
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that sounds like a mint medallion from an uncirculated set good find there interesting pieces to keep but i wouldnt go shaving down the sides to tell if it is copper
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 10/20/2006 : 01:00:32
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1 box CDI machine rolls of Canadian Nickels, TD collingwood:
417 Older Elizabeth .999NI
19 rye
6 12sided ye
1 rabbit
1 George Head
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444 /2000
= 22.2% |
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Sorting percentages
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