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 Copper Penny Bullion Investing
 How do you guys do it?/Never again...
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146 Posts

Posted - 11/02/2006 :  18:45:01  Show Profile Send n/a a Private Message
So, this evening I ask my father for a box. He gives me this box which happens to be full of pennies I rolled up some time ago for him, which he never deposited (this was before I had heard of HoardingCopper.com, I think) and he gave to me. I remember him telling me when I rolled them all up that he had been saving them since he was in college and never got around to depositing them.

So I need the box, and decide to separate the copper from the zinc and add them both to my new collection. Never again. I don't see how you guys do it with the Brinks boxes, just so annoying going through all those coins. He told me there was about $10 there, as I forgot how much I had rolled. There was a lot of copper there (he had told me when I rolled them up months ago that he was saving them since he was in college), a few wheats and 3 or so Canadians, and a dime, but, of course, mostly zinc. A few 1982s and "unreadables" as well, both of which I now save for deposit in the bank.

1,000+ pennies, copper or zinc? What a waste of time. I didn't even roll them back up because it was so annoying.

From now on, only change from purchases will go into my penny collection.



--

"The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." -John Maynard Keynes

Ardent Listener
Administrator



USA
4841 Posts

Posted - 11/02/2006 :  20:27:59  Show Profile Send Ardent Listener a Private Message
I sorted a brinks box a while back it was fun..... but I'm in no hurry to do it again. I didn't re-roll either the zinces or the coppers. Just decided to save them all. I guess that is one reason I'm a nickel guy. It's another reason why I'm trying to get my hands on a lot of nickels now while I still don't have to sort.

Where is that penny sorting machine!!!!!!!!!!!!

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

Posted - 11/06/2006 :  21:57:08  Show Profile Send n/a a Private Message
I can usually do a brinks box in an evening with no problem. I put the 82's aside and weigh them after to sort them.

I have one of those plastic tubes with the funnel on top for re-rolling (I roll the coppers and put them into empty boxes). I put the zincs into the CoinStar machine and get Amazon gift certificates.
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Ardent Listener
Administrator



USA
4841 Posts

Posted - 11/07/2006 :  15:56:57  Show Profile Send Ardent Listener a Private Message
quote:
Originally posted by FlyingMoose

I can usually do a brinks box in an evening with no problem. I put the 82's aside and weigh them after to sort them.

I have one of those plastic tubes with the funnel on top for re-rolling (I roll the coppers and put them into empty boxes). I put the zincs into the CoinStar machine and get Amazon gift certificates.



After you weigh the 82s do you mix them (the copper ones) in with the pre-82s?

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

Posted - 11/09/2006 :  12:05:18  Show Profile Send n/a a Private Message
Yup, I don't see any reason not to...
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Metalophile
Penny Collector Member



USA
320 Posts

Posted - 11/09/2006 :  13:55:41  Show Profile Send Metalophile a Private Message
I don't mix the 1982 coppers in with the rest. If you take them to a scrap dealer and they do a spot check and see some 82's they may have questions. Then you will have to prove to their satisfaction that all the 82's are copper.

Metalophile
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