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 Copper Penny Bullion Investing
 My first run at penny hoarding from the bank
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n/a
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11 Posts

Posted - 12/22/2006 :  19:36:14  Show Profile Send n/a a Private Message
My first attempt at gathering up pre 82 pennies other than just watching my pocket change was today. I bought 6 rolls of pennies and wound up with 2 rolls plus 7 pennies that were keepers, one was a 47 wheatie. The dates were about evenly scattered through the 50's 60's and 70's. I think this would be considered a very successful first run! is this about average on what others are finding?
I live in western Kansas the town I got my coins from has a population of less than a thousand people.

n/a
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103 Posts

Posted - 12/22/2006 :  19:45:28  Show Profile Send n/a a Private Message
The sorting percentages thread is where we usually post our results. (It is getting kind of long now though) But you had a good run there new guy. I'm happy to get 33%.

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The above post is intended for entertainment purposes only and in no way reflect the opinions of the flesh and blood person writing the text. All writings under the screen name "copperhead" are merely a characterization of the personna created.
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n/a
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132 Posts

Posted - 12/23/2006 :  06:42:50  Show Profile Send n/a a Private Message
Yeah...very gooood run !

On the average i find about 9 to 12 keepers
out of each roll searched.

I was real lucky once and found 3 rolls of nothing
but pre-82's but that was only once.

Dont forget the nickels.............

"History records that the money changers have used
every form of abuse, intrigue, deceit, and violent
means possible to maintain their control over governments
by controlling the money and its issuance."
James Madison
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n/a
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11 Posts

Posted - 12/23/2006 :  10:33:46  Show Profile Send n/a a Private Message
Oh yea, I picked up some nickels also, I have an old bank bag about half full of them, and one about half full of "junk silver"
I find the term "junk Silver" silly, as I am sorting my pocket change I say to my self good, junk, junk, junk, as I am finding coins that are truly nothing.
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n/a
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9 Posts

Posted - 12/23/2006 :  20:18:25  Show Profile Send n/a a Private Message
About 2 weeks ago after finding this forum I bought 20.00 worth of pennies.
I am shocked at everyones low percentages!
I got 9.50 coppers. Maybe Im lucky?
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pencilvanian
1000+ Penny Miser Member



USA
2209 Posts

Posted - 12/23/2006 :  20:27:09  Show Profile Send pencilvanian a Private Message
We offer you a big hearty welcome to the forum, Scrap.

47.5% in copper? Which bank was this?

Any Wheat cents in the rolls, may I ask?
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n/a
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9 Posts

Posted - 12/24/2006 :  10:34:51  Show Profile Send n/a a Private Message
I got only 2 wheats and 3 canadians.
I live In Nj, I forget the name of the bank Ill check later today.
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just carl
Penny Hoarding Member



USA
601 Posts

Posted - 12/28/2006 :  18:34:38  Show Profile Send just carl a Private Message
For sure sounds like your mostly all from small town areas where coins have a habit of recirculating or just sitting around. I live in the Chicago area and there is such a nutty coin collecting craze going on around here that I'm lucky to find anything older that a few years. I used to go to the banks around here years ago and get a $50 bag of cents and find so much to save I ended up with hundreds of rolls of old Lincolns. Lately when I get such a bag I don't even find anything prior to 82. Around here there are coin shows every weekend. Some are 1 day, some 2 days and some are even 4 day episodes. Some are only 20 or so dealers and some are in the hundreds. I've found that if I even look at my change at a store someone will ask if I'm looking for a rare coin. Around here I haven't seen old coins of any kind in change for a long, long time. A freind of mine occationally brings me a mountain of change from a bar he works at. Any old ones usually are dirty, bent, smell, coated with some gook so are probably a health hazard before they are worth collecting. If your still finding old coins in change, consider yourself lucky. Actually if you don't live around here you are lucky.

Carl
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n/a
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9 Posts

Posted - 12/29/2006 :  18:05:38  Show Profile Send n/a a Private Message
It was my cities bank, I live in a small city about 15 min outside of nyc and the bank is right next to a train station.
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