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 Copper Penny Bullion Investing
 Coin fees
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Epaphras
Penny Collector Member


USA
382 Posts

Posted - 12/29/2008 :  09:20:48  Show Profile Send Epaphras a Private Message
Have you ever paid coin fees for any of your coins obtained from the bank and if so how much is it?

misteroman
Administrator



USA
2565 Posts

Posted - 12/29/2008 :  09:47:25  Show Profile Send misteroman a Private Message
Never and would suggest people going to other banks if they tried that,especially if you have an account there

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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goodcents
Penny Hoarding Member



USA
504 Posts

Posted - 12/29/2008 :  11:49:40  Show Profile  Send goodcents an AOL message Send goodcents a Private Message
there should be no fees.
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 12/29/2008 :  17:54:10  Show Profile Send NotABigDeal a Private Message
Never have paid a fee. I've been threatened with one once. I no longer buy from that bank. It's that easy.

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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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 12/29/2008 :  18:21:19  Show Profile Send Bluegill a Private Message
Never paid a fee, and never will. The topic has never come up with any of the banks I use, yet...


Edited by - Bluegill on 12/29/2008 18:21:41
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 12/29/2008 :  21:36:32  Show Profile Send highroller4321 a Private Message
Should never have to pay a free unless you are in a small town and cant go to another bank or another town!

Then the fees should only be like $0.50-0.75 for each $50 bag of pennies

Copper Penny Investing
www.portlandmint.com
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 12/30/2008 :  06:11:44  Show Profile Send NotABigDeal a Private Message
They should never charge you to buy their bags. You are doing them a favor and saving them money. It costs them to order boxes, bags are free to them.

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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moboman
1000+ Penny Miser Member



USA
2555 Posts

Posted - 12/30/2008 :  06:27:56  Show Profile Send moboman a Private Message
one bank that I wanted to do business with wanted 5 cents per role. Needless to say, I got out of there.

I do buy my own bags, does that count as a fee? I do it only because I dont want to make my dump bank mad at me.

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



Edited by - moboman on 12/30/2008 06:29:13
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 12/30/2008 :  08:27:52  Show Profile Send HoardCopperByTheTon a Private Message
I have never paid a fee.. it cuts way too deep into thin margins. A few times banks have suggested fees, and I just don't order from those banks anymore. This is why there is a bank on every corner.. so if one doesn't treat you right, you just walk across the street. A buddy was just recently told by his dump bank that they wanted to start charging him $3 a bag for dumping his pennies there.. part of a new corporate policy (expect to see more of this) so he is looking at alternative dump banks.

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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Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 12/30/2008 :  09:27:57  Show Profile Send Lemon Thrower a Private Message
bags - i don't think it is free for them to order them. i think they get them from customers and have their armored truck take them to the fed. they pay a fee for that, but its usually a flat fee. if they have a bag in their vault, they are usually glat to be rid of it.

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


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