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 Copper Penny Bullion Investing
 Does anyone save the nice older coins
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n/a
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3 Posts

Posted - 04/23/2008 :  21:20:20  Show Profile Send n/a a Private Message
Newbs first post. Thank you moderators for the great site!!!

I have been sorting my pennys by hand. While sorting I have noticed several nice and shiny 60's 70's and 80's coins. Does anyone toss these coins aside?

Would they be worth anything on ebay? I thought about putting a lot of them on ebay to see if they would bring some bidding. Seem like I could advertise "nice shiny set of 1968-2007 set of pennys" or something like that. I have some really nice 30 or 40 year old coins after just searching 3 boxes.

Any thoughts?

eharrison
Penny Pincher Member



USA
234 Posts

Posted - 04/23/2008 :  22:56:25  Show Profile Send eharrison a Private Message
Welcome to the forum.
I too sort by hand and come across about 2-4 "shiners" per roll.
I do toss the copper shinny ones into a separate container. I think if/when I sell some to deversify or for profit those will be the ones I keep.
As for ebay.....people will buy just about anything.

Freedom is popular
That's why I voted
Ron Paul!
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misteroman
Administrator



USA
2565 Posts

Posted - 04/23/2008 :  23:26:14  Show Profile Send misteroman a Private Message
Welcome as well.
Unless they are just flawless ms 65 range ones I don't usually put aside.I really have been thinking about throwing the S's and the shineys in a separate box lately though

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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jpf231
Penny Collector Member



USA
340 Posts

Posted - 04/24/2008 :  11:04:37  Show Profile Send jpf231 a Private Message
I set any aside that I feel are AU55/AU59 or better. Lately, I have been considering stashing most S mints as well. There rare here on the East Coast - 3% roughly. What's the percentage on the West Coast overall I wonder?
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PennehChaos.
Penny Collector Member



USA
269 Posts

Posted - 04/24/2008 :  11:31:01  Show Profile Send PennehChaos. a Private Message
i used to collect coins when i was younger, and copper hoarding has given me the bug again, so i've been putting aside anything near-uncirculated just to get a set.

Considering Verizon Business service? Perhaps you'd like to consider a nice drain cleaner enema instead?
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jpf231
Penny Collector Member



USA
340 Posts

Posted - 04/24/2008 :  20:01:40  Show Profile Send jpf231 a Private Message
I also have two Whitman albums for 1909-1940 that I've been filling up. I have so many wheats, I haven't gotten to the newer Whitman albums for 1941 to the present.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 04/24/2008 :  20:29:43  Show Profile Send HoardCopperByTheTon a Private Message
quote:
Originally posted by jpf231

I set any aside that I feel are AU55/AU59 or better. Lately, I have been considering stashing most S mints as well. There rare here on the East Coast - 3% roughly. What's the percentage on the West Coast overall I wonder?


3% is actually pretty good for your area. I thought it was .5 to 1%. It is around 7% of the total copper right here by the SF mint.

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
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18 Posts

Posted - 04/24/2008 :  20:41:59  Show Profile Send n/a a Private Message
I just pulled 3 rolls from the bank and every one had pre 75 pennies with 6 wheats, oldest was 1919.It also produced 20 59-61 coins that looked uncirculated, they were awesome.I bagged em seperately cause they were to good for the bucket.
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Epaphras
Penny Collector Member



USA
382 Posts

Posted - 04/24/2008 :  21:37:10  Show Profile Send Epaphras a Private Message
In GA, the 'S' percentage is close to 1%. I have been setting aside nearly circulated and 'S' mints for a couple of months now. If you are looking to make a bag of 'S' mint, I'd suggest moving to CA for a year or two. I don't even have $5 worth yet.
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starwarsgeek171
Penny Hoarding Member



USA
651 Posts

Posted - 04/25/2008 :  08:00:27  Show Profile Send starwarsgeek171 a Private Message
Same as jpf231.
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n/a
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3 Posts

Posted - 04/25/2008 :  10:12:01  Show Profile Send n/a a Private Message
Are the S's worth something?

I have found a few nice shiny 1964's lately. Its fun to find nice shiny old ones. I imagine they sat somewhere for a really really long time!

Briton
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Centsearcher
Penny Pincher Member



USA
107 Posts

Posted - 04/26/2008 :  12:19:01  Show Profile Send Centsearcher a Private Message
I have a full 1941-1074 Whitman cent folder. Whenever I come across a nice shiny copper, I check its date in the folder and if the coin I found is an upgrade I swap it. I almost have a complete set of BU early memorials already.

As for S-mints, here in michigan the ratio is very low, probably around 1% of the total coppers in each box. I saved them seperately for a while but recently I've just been sticking them in with the rest of my copper hoard. I figure the copper value far outweighs the numismatic value at this point.

--Misplaced Numismatist--

Democracy: The only system where any two idiots can out-vote a genius

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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 04/26/2008 :  20:22:18  Show Profile Send Bluegill a Private Message
I have been setting my S's aside for the time being. I have been getting about 3-4 per box. With the exception of a '50 I found last week they have all been '68-'74, some of them clean and shiney.

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