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 Copper Penny Bullion Investing
 95% Brinks Box
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n/a
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9 Posts

Posted - 11/18/2008 :  14:48:01  Show Profile Send n/a a Private Message
I just picked up 4 brinks boxes from bofa today and I opened it up and to my surprise nearly all dull brown was staring back at me. The box ended up being 96% copper. I agree with the other guy who had the same thing happen. Brinks must have a stash of copper and are now unloading it because the price of copper has gone down. What other explanation could there be for that much copper in a single box?

Ardent Listener
Administrator



USA
4841 Posts

Posted - 11/18/2008 :  16:49:48  Show Profile Send Ardent Listener a Private Message
I got some of those some months back. All came in together in a special order from the same bank.

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Think positive.
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 11/18/2008 :  17:09:26  Show Profile Send NotABigDeal a Private Message
It's never happened to me before. Awesome for you guys. You really think Brinks is letting them go and not a hoarder who just gave up? Imagine all the money wasted by Brinks in sorting the copper out just to return it to circulation if that is true.

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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n/a
deleted



9 Posts

Posted - 11/18/2008 :  17:29:46  Show Profile Send n/a a Private Message
OK so here are the official #'s. 2122 were copper pennies out of 2550 (I had an extra roll that I threw in with this lot) for a total of 83% copper and 27 Wheat Pennies. Additionally, out of 115 1982 pennies 100% of them were copper so I think it is safe to say that considering NONE of the 1982's were zinc that these had been previously sorted and now they are unloading them for some reason. Unless of course it's just dumb luck but I doubt it.
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Ardent Listener
Administrator



USA
4841 Posts

Posted - 11/18/2008 :  17:46:54  Show Profile Send Ardent Listener a Private Message
quote:
Originally posted by NotABigDeal

It's never happened to me before. Awesome for you guys. You really think Brinks is letting them go and not a hoarder who just gave up? Imagine all the money wasted by Brinks in sorting the copper out just to return it to circulation if that is true.

Deal



Mine was way prior to the price of copper tanking so I don't think it was Brinks or anyone else dumping. Anyway, if Brinks is dumping they should try our Buy, Sell, Trade forum first.

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All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.


Think positive.
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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 11/18/2008 :  18:18:25  Show Profile Send Bluegill a Private Message
Congrats on the high percentage. I'm in the same boat as Deal, in fact my percentages have actually dropped a little. About a full percent since I started last spring.

I'm more inclined to believe a fellow hoarder who didn't have the intestinal fortitude, gave up and cashed out. You were in the right place at the right time.

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n/a
deleted



9 Posts

Posted - 11/18/2008 :  19:19:59  Show Profile Send n/a a Private Message
yeah but I dont know of any customers that can plastic wrap rolls and seal and tape a brinks box.
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 11/18/2008 :  20:00:24  Show Profile Send NotABigDeal a Private Message
quote:
Originally posted by nwahsm

yeah but I dont know of any customers that can plastic wrap rolls and seal and tape a brinks box.


If enough are turned at once there is definitely a possibility of getting a high copper percentage in a Brinks box or several boxes.

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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Computer Jones
1000+ Penny Miser Member



USA
1112 Posts

Posted - 11/18/2008 :  22:55:48  Show Profile Send Computer Jones a Private Message
I still think they're sending all the good copper boxes to Texas.

There's profit if you melt things!!
8{>
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moboman
1000+ Penny Miser Member



USA
2555 Posts

Posted - 11/18/2008 :  23:14:40  Show Profile Send moboman a Private Message
quote:
Originally posted by nwahsm

yeah but I dont know of any customers that can plastic wrap rolls and seal and tape a brinks box.



I can . I can seal and tape a brinks box. LOL

"99% of all lawyers give the rest of them a bad name"


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