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 Copper Penny Bullion Investing
 Best way to store your hoard
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CoinHunter53562
1000+ Penny Miser Member



USA
1805 Posts

Posted - 12/21/2008 :  14:05:07  Show Profile Send CoinHunter53562 a Private Message
I store mine in ziploc freezer bags, 500 to a bag. Then I take 4 bags and store them in a white cardboard box designed to hold 660 baseball or football cards (I get these at the sportscard shop for about 35 cents each). These boxes are sturdy as heck and stack very nicely, so this works out quite well for me. I use a digital scale to weigh out the 500 cents instead of hand counting each penny to save time.

My hobby: collecting real money 1 copper cent or nickel at a time.

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3 Blue Stars
Penny Sorter Member



USA
76 Posts

Posted - 01/05/2009 :  12:49:04  Show Profile Send 3 Blue Stars a Private Message
1,500 to a zip-lock bag. 12 bags to a cleaned cat litter pail. They stack nice and are fairly durable.

You're kidding, right?
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Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 01/05/2009 :  15:23:19  Show Profile Send Lemon Thrower a Private Message
I get free plastic buckets at Dunkin Donuts.

Sometimes use the 5 gallon buckets that paint or drywall mud comes in, but you can't lift those once they are full.

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


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Corsair
Penny Hoarding Member



811 Posts

Posted - 01/05/2009 :  15:46:38  Show Profile  Send Corsair a Yahoo! Message Send Corsair a Private Message
Reroll, put $75 face in a plastic shoe box from Dollar General, store in basement of grandparent's house. Wash, rinse, repeat.

So long, Realcent 1. Come visit us at Realcent.org!
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mingusdew
Penny Sorter Member



64 Posts

Posted - 01/09/2009 :  14:32:48  Show Profile Send mingusdew a Private Message
When I started off counting pennies, I was storing all the coppers in 30 cal ammo cans. They held an awful lot, were neatly stackable, and had a convenient carry handle. The expense eventually got to me as the hoard grew though. It occurred to me how my margins were being thinned, paying $7-$10 per can, when I could just put them back in the cardboard box they came in.

Really, that's the best way to store the bulk coppers IMO. You pick up the pennies and you get the box for free. Saves money, and recycles the cardboard. The boxes are stackable too.

quote:
Originally posted by Kurr

For the "bright and shiniest" ones I pull, I have about a gallon and was considering the vacuum sealed ziplocks with a silicon packet inside to preserve them.



I've started using the ammo cans to separate and store these now. They are perfect if you want to store the almost uncirculated pennies separate from the rest, and in a sealed environment. They have rubber seals around the lids, and close rather tighly. Nothing gets through when the lid is fully closed. Worth the expense for the coins you want to preserve, imo.

If you could kick the person in the pants responsible for most of your trouble, you wouldn't sit for a month.
-Theodore Roosevelt

Fortune favors the informed.
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goodcents
Penny Hoarding Member



USA
504 Posts

Posted - 01/09/2009 :  15:11:39  Show Profile  Send goodcents an AOL message Send goodcents a Private Message
I store all of mine so far in the new plastic coffee cans. I can usually hold 30.00 face in each one. Stack easily. Will last virtually forever and has a cap that seals really nicely. Nice handle too that I can use.

I get the coffee cans from work or people who were going to put them in the recycle bin.

The common ones are the red folgers and blue maxwell house. A person could use red for pennies, blue for nickels, etc...lol.

Joe
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 01/10/2009 :  10:17:41  Show Profile Send highroller4321 a Private Message
If you live in the midwest you can go to caseys gas stations and ask them for their iceing buckets. They are 2 gallon buckets and work nice

Copper Penny Investing
www.portlandmint.com

Edited by - highroller4321 on 01/10/2009 15:29:27
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phillips24
Penny Pincher Member



USA
142 Posts

Posted - 01/10/2009 :  12:44:21  Show Profile Send phillips24 a Private Message
MMMMMMMM.....Caseys donuts and Pizza.....making me drool right now
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Dan52
Penny Collector Member



USA
422 Posts

Posted - 01/10/2009 :  13:48:53  Show Profile Send Dan52 a Private Message
I keep mine in jars. But then I don't have that much, maybe 200lb. I stopped there an went after silver.
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PennyProspector
Penny Pincher Member



USA
212 Posts

Posted - 01/11/2009 :  22:01:35  Show Profile Send PennyProspector a Private Message
I agree with the Donut icing buckets... they are free (or at least really cheap)they are air (and water) tight, they stack nice (I bag $50 bags then use the buckets to store the bags...it is easier to lift $50 at a time also keeps a $value inventory) & you get a reason to visit Duncan donut!

After they get used to you they will call you to come get em.

They always asked what are you useing this many buckets for? ( I think they just didn't want me selling them on the bucket black market)

I would just tell them We use them at work for Scrap metal parts Etc.

But as the others have noted it is one of the few methods of hoarding large quantities that cost nothing (as long as there is a donut shop on the way to or from your buy or dump bank) its just one more clerk that thinks your crazy!


Happy Prospecting!
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starwarsgeek171
Penny Hoarding Member



USA
651 Posts

Posted - 01/12/2009 :  15:53:58  Show Profile Send starwarsgeek171 a Private Message
I still stand by re-rolling the coins in nice/standard wraps (labeled is best), re-packing the rolls into nicer Brinx boxes I've put aside, and then vacuum sealing them. Uniform and waterproof stacks of clear-wrapped monetary rectangular prisms! A nice conversation piece. Too bad the Cu is pretty much at par with the penny now ($#!+).

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Ardent Listener
Administrator



USA
4841 Posts

Posted - 01/12/2009 :  17:31:32  Show Profile Send Ardent Listener a Private Message
I just keep copper pennies unrolled in cloth bank bags.

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