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Dan52
Penny Collector Member
USA
422 Posts |
 Posted - 08/20/2008 : 12:06:24
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I have been going to the banks and getting boxes of pennies for about a year now. I collect the wheats and have 880 at this time. Just yesterday, I found a indian cent..1904..really good condition. I researched the value and its only $1.00 - $5.00. Does that sound right to you? Also, does anyone here hoard the 1959 - 1981 lincoln pennies? Thats the years that they are mostly copper.
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 08/20/2008 : 12:54:12
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| Last time I heard it was 1909-1981 them linc's are copper. =D |
Trolling is an art. |
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TenBears
1000+ Penny Miser Member
USA
1021 Posts |
Posted - 08/20/2008 : 13:56:56
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quote:
Originally posted by Dan52
I have been going to the banks and getting boxes of pennies for about a year now. I collect the wheats and have 880 at this time. Just yesterday, I found a indian cent..1904..really good condition. I researched the value and its only $1.00 - $5.00. Does that sound right to you? Also, does anyone here hoard the 1959 - 1981 lincoln pennies? Thats the years that they are mostly copper.
Welcome Dan. Enjoy this forum. I have heard rumors that one or two of our members may hoard the copper Lincoln pennies from 59-81, but that's just rumor. 
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"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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SANITARIUM_INMATE
Penny Pincher Member
211 Posts |
Posted - 08/20/2008 : 14:08:32
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| Welcome to the forum Dan. |
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 08/20/2008 : 14:31:09
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Ten Bears is right- I can confirm the rumors.
I'll stick my neck out a little and say that I'm pretty sure some members have been known to sell these "mostly copper pennies" above face value.
Welcome Dan! |
Beer is my currency. |
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jpf231
Penny Collector Member
USA
340 Posts |
Posted - 08/20/2008 : 15:46:09
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| Dan - you know what they say, "Birds of a Feather" ... Welcome to the flock. You're in good company here. |
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fb101
Administrator
USA
2856 Posts |
Posted - 08/20/2008 : 16:36:22
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| Welcome Dan. I also will confirm the rumors. Some people here might actually have more than $100 face value of copper pennies! |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 08/20/2008 : 17:11:04
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Welcome. I have a few coppers.... No wild Indians though.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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aboxaweek
Penny Collector Member
USA
326 Posts |
Posted - 08/20/2008 : 18:35:11
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| i can say that copper pennies may ... just may be hoarded by the ton by a couple members |
*HUCKABEE*
___08'____
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 08/20/2008 : 21:28:12
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| Some other members here seem to collect those wheatie pennies like you do. Personally I only have a few handfuls of the 1959-1981 95% US Cu pennies sorted out from my many bins of Canadian 98% Cu pennies... pretty sure I could find some more though if I look hard in those bins. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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TenBears
1000+ Penny Miser Member
USA
1021 Posts |
Posted - 08/20/2008 : 22:13:31
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| Dan, we are all funnin you some as I hope you know. Good folks here; polite and helpful too. Yes, you are in the right place if you are interested in hoarding copper pennies for their bullion value. The "rumors" that some people hoard copper pennies is true. Just about everyone here is a penny hoarder on some scale, and many actually have Ryedale machines to easily sort copper pennies from zinc pennies. Even without a machine, there are people here who hand sort boxes (as in plural) of pennies each week. I have hand sorted more than my fair share of pennies. I find it relaxing when I hand sort. Surf around and read several of the threads and you will see the interest in hoarding copper pennies by our members. One of the more popular threads deals with the copper percentages our members are yielding in their penny sorts. Some guys get upwards of 30% copper when they sort a box of pennies. |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 08/20/2008 : 23:21:31
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quote:
Originally posted by TenBears
One of the more popular threads deals with the copper percentages our members are yielding in their penny sorts. Some guys get upwards of 30% copper when they sort a box of pennies.
And if you are really special you can pull 50% Cu on a consistant basis... oh it helps to be N of 49. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Nickelless
Administrator
USA
5580 Posts |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/20/2008 : 23:56:44
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*Has been known to hoard a "few" copper pennies*  But it's just a rumor.
Welcome to the forum Dan! |
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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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 08/21/2008 : 23:04:08
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| I made a mistake when I said that the years for mostly copper were 1959 - 1981, I did know that it goes from 1909 to 1981 but I have just now yesterday considered hoarding ALL coppers. I don't think I am gonna do to much of that. Thats a lot of sorting. I got to about $12.00 and quit. The number of wheats in a $25.00 box has plummeted here lately. I am up to 907 wheats. My goal is 1000. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/21/2008 : 23:43:09
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| Some of us cheat and use machines. |
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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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 08/21/2008 : 23:47:18
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I have no machines, or pennies. Who are you guys
welcome to the site. |
"99% of all lawyers give the rest of them a bad name" 
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 08/22/2008 : 00:49:19
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quote:
Originally posted by HoardCopperByTheTon
Some of us cheat and use machines.
Some use a lot of machines... but I only have three, so far. Got to get a roller next. Found a local vending company with one, but they don't want to share. from the rolls I've gotten processed by them I can tell it is a sweet machine.
Why draw the line at 1000 wheats? I just can't send a coin worth more then face into circulation again no matter how hard I try. Some people even claim to find wild indians, while others claim to find so many wild indians they can seed them out into boxes of zinc pennies just to mess with other people's heads. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
Edited by - jadedragon on 08/22/2008 12:20:47 |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/22/2008 : 04:22:41
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quote:
Originally posted by moboman
I have no machines, or pennies. Who are you guys
welcome to the site.
Lier!!! I happen to know you own a Glory CP-11 that you stole on eBay for $100 and a Ryedale.
I got another Mach 7 today. 235 pounds of brute force machine.. sorts and counts 4,000 coins per minute!
I guess I hoard machines!
OK, I admit it.. I hoard a few of those 1959-1981 lincoln cents too.
*Draws no lines* |
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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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 08/22/2008 : 11:45:21
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| i did search pennies a lot but cant find the time to do it now. I have not a Ryedale so it is harder for me. I do keep every copper penny i find though. |
Inquiring minds want to know |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 08/22/2008 : 16:38:15
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| I don't have to roll pennies to return them. My bank gives me those heavy duty plastic bags. So...when I finish going through 2 boxes, I sack them up. ($50.00) They started giving me those bags right after I turned in $75.00 in rolled pennies. I don't think they have to count them but they have to handle them and bust em' out. Thats why the let me use the bags. Anybody ever have trouble getting boxes of pennies from banks that you don't have an account with? I know a trick or two. |
Edited by - Dan52 on 08/22/2008 16:44:22 |
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Cody8404
Penny Hoarding Member
USA
602 Posts |
Posted - 08/22/2008 : 16:48:34
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| This is why we have so much fun!!! |
Awake, O kings of the earth! Come ye, O, come ye, with your gold and your silver, to the help of my people, to the house of the daughters of Zion, to the help of the people of the God of this Land even Jesus Christ. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 08/22/2008 : 19:44:53
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quote:
Originally posted by Dan52
I don't have to roll pennies to return them. My bank gives me those heavy duty plastic bags. So...when I finish going through 2 boxes, I sack them up. ($50.00) They started giving me those bags right after I turned in $75.00 in rolled pennies. I don't think they have to count them but they have to handle them and bust em' out. Thats why the let me use the bags. Anybody ever have trouble getting boxes of pennies from banks that you don't have an account with? I know a trick or two.
I just walk in and offer them cash for pennies and nickels - but I am always curious what other ideas work. Please tell. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 08/22/2008 : 21:00:06
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| I have found that many banks will ask if you have an account with them when you walk in and say......."Can I get a $25.00 box of pennies?" In order to avoid an outright lie, and say "Yes I do", (of course this works often.lol), I will sometimes walk in and say......"I am supposed to pick up a box of pennies". In that way, they usually will not ask if you have an account, they figure your boss or someone sent you. Its not a lie, since that was your purpose, to pick up a box of pennies. |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 08/22/2008 : 21:04:19
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| I have about 20 wheats from 1937 to 1958 that have almost the same quality as a "new" 2008 or 2009. I'm talking about the same brightness before pennies turn that brown color. From what I understand, a 1958 penny is worth about $0.04. Does the fact that it still has that new copper shine, make it substantially more valuable? |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 08/22/2008 : 21:21:36
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| Should make sure and check that they haven't been cleaned. |
Trolling is an art. |
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I'm new here.
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