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TXTim
Penny Hoarding Member
629 Posts |
 Posted - 02/10/2009 : 19:35:45
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I read NotABigDeal's post about gold and thought it could never happen to me.
Tonight, the second handful of pennies from a $50 bag produced a nickel sized earring that was bent up a bit. I'm thinking it's just junk jewelry. After examining it with a loupe, there is a 14K stamp on the little post that is on the tiny hinge!
The wife has the camera and won't be back til Friday - I'll post a pic this weekend.
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Beer is my currency. |
Edited by - TXTim on 02/13/2009 15:54:35 |
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Corsair
Penny Hoarding Member
811 Posts |
Posted - 02/10/2009 : 19:43:20
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| We have a pattern! Just a matter of time before it hits my home, right? Right? |
So long, Realcent 1. Come visit us at Realcent.org! |
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 02/10/2009 : 19:49:48
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quote:
Originally posted by Corsair
We have a pattern! Just a matter of time before it hits my home, right? Right?
ya right.... |
"99% of all lawyers give the rest of them a bad name" 
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 02/10/2009 : 20:14:26
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TXTim, awesome indeed! I'm so glad it happened to someone else. I hope others are to follow. There's gold in them there bags....
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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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 02/10/2009 : 22:15:58
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| ill jump in on that... where do you buy bags from people or bank |
Inquiring minds want to know |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 02/10/2009 : 22:34:47
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| Very nice! When it rains it pours....and here I am unable to even find 40% silver halves in $500 boxes. :P |
My hobby: collecting real money 1 copper cent or nickel at a time.
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psi
Penny Collector Member
Canada
399 Posts |
Posted - 02/11/2009 : 06:14:00
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| Both nice finds! I wonder how the jewelry ends up in with the coins, maybe moved to the coin jar with a handful of change and then dumped into a coin counter somewhere? But then how likely is it to work its way through and make its way to a bag? I can just picture a tenth oz gold (or say platinum) round ending up in a dime or penny roll by some freak ocurrence. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 02/11/2009 : 06:27:19
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quote:
Originally posted by psi
Both nice finds! I wonder how the jewelry ends up in with the coins, maybe moved to the coin jar with a handful of change and then dumped into a coin counter somewhere? But then how likely is it to work its way through and make its way to a bag? I can just picture a tenth oz gold (or say platinum) round ending up in a dime or penny roll by some freak ocurrence.
Odds of gold being found in a penny bag has to be very slim. Yep, I'm waiting for a 1/10th ounce anything.... (But not holding my breath)
daviscfad, my bags are obtained from banks and credit unions. Find a bank or so that has a coin counter/sorter and offer to buy them. If you can get them to call you when the bags are full, or hold them for you, that's even better. If you get this set up, ALWAYS buy the bags they have and do not dump on those branches.
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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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 02/11/2009 : 06:47:08
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| A good while back there was a guy, can't remember his name, who found a platinum charm in a penny bag. I have seen jewelery bits in the reject tray, but it has always been fake. People seem to have an odd habit of mixing jewelery with coins and then dumping the whole thing in the self-serve coin machines. Most of it probably ends up in either the trash bin or comes out the reject tray, but some pieces are obviously making it into the bags. Congrats! Since I rarely order bags, my odds are pretty low.... |
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 02/11/2009 : 07:45:44
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Thanks guys-
Davis- the bags come from bank machines. I have an arrangement at this particular bank where there is a self serve machine and it is not free. That assures there will be a low chance of finding CRH dumps. Like Deal says - always buy any bag offered - although I don't buy their quarters and small dollars - they know I like everything else. Never dump at a source bank!!!
psi- It is amazing to see the variety of non-coin debris in those self serve machine bags. Glass shards and open safety pins are not uncommon. I have found quite a variety of jewelry - mostly junk, a little silver but never gold! |
Beer is my currency. |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 02/11/2009 : 14:17:35
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Does it count if you find it outside the bank?
I found a 14K stamped dangly ear ring on the sidewalk when I was going in to buy pennies. |
There's profit if you melt things!!
8{> |
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 02/13/2009 : 15:53:32
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Beer is my currency. |
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Robarons
Penny Hoarding Member
USA
522 Posts |
Posted - 02/13/2009 : 17:08:09
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Using Kitco's scrap prices it seems that earring could be worth around $32 (assuming it weighs 2 grams).
I also remember that member Horgad was thinking of. It was a rather *cough* interesting shaped plat. charm if I remember.
Any ways nice job on the gold strike and the current increase of penny bag strikes! |
Robber Baron= Robarons |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 02/13/2009 : 17:53:03
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| I work at a grocery store with a coinstar machine. My store manager says she has found several earrings in the trash bucket inside the machine. I guess earrings go in your change pile at home? I never knew that...most girls have a jewelry box. |
You don't have to be the BEST you just have to be.......SLICK
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n/a
deleted
5 Posts |
Posted - 02/21/2009 : 15:09:35
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| with the 14k being stamped on the post, it might be the only thing thats 14k. i've seen that alot with sterling |
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keys
Penny Collector Member
383 Posts |
Posted - 02/21/2009 : 17:03:20
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I think it is all 14K gold. It has just the right color from the surface and from the indentation design. I think the body of the earring is hollow since gold earrings tend to be hollow nowadays. Some jewelers reduce the weight any way they can to reduce the price and sell more jewelry, especially earrings.
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I change with the times-
but like silver coins found in your change
I stay the same.
*****************
The United States of America started out as the new Republic of Rome.
Will The United States of America end up as the New Imperial Rome? |
Edited by - keys on 02/21/2009 17:07:08 |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 02/21/2009 : 17:43:04
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quote:
Originally posted by keys
I think it is all 14K gold. It has just the right color from the surface and from the indentation design. I think the body of the earring is hollow since gold earrings tend to be hollow nowadays. Some jewelers reduce the weight any way they can to reduce the price and sell more jewelry, especially earrings.
Yep, I have seen quite a bit of scrap jewelry. There is no doubt that is 100% 14K.
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Edited by - horgad on 02/21/2009 17:43:36 |
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Frugi
Administrator
USA
627 Posts |
Posted - 02/21/2009 : 19:39:56
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| i agree. you can spot the vermeil crap from a mile away. usually it has a reddish tarnish color. At some point after you have seen thousands of pieces of gold, and made at least a hundred mistakes or so it begins to set in as to what gold looks like. if you want to make a business of buying and selling gold you had better know what gold looks like (if you can't play craps, don't go to the casino). |
Real Eyes Realize Real Lies
_________________________
http://inflation.us
Save the US Cent! http://www.facebook.com/#/group.php?gid=192523715681&ref=mf
www.pre82.com <-- My website. |
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simplicitycounts
Penny Hoarding Member
USA
535 Posts |
Posted - 02/21/2009 : 21:21:16
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| Funny you mention a reddish tarnish color. That can still be gold. Mixture of gold and copper also know as rose gold. |
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kieblera5
Penny Hoarding Member
USA
859 Posts |
Posted - 02/22/2009 : 00:19:34
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Should have thrown an IH in the pic to make it interesting. |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
Caller number seven gets the Peace Prize!
Get coding tips, tricks, and more at: http://codingmonday.blogspot.com |
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Frugi
Administrator
USA
627 Posts |
Posted - 02/23/2009 : 08:43:25
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quote:
Originally posted by simplicitycounts
Funny you mention a reddish tarnish color. That can still be gold. Mixture of gold and copper also know as rose gold.
No it won't be. gold will never tarnish. A rose gold appearance is just that a rosy gold color, not tarnish. You will see what I am speaking of, once you see it you will always know it. They can make gold in any color you want practically. Gold has depth, creaminess, smoothness. It is something you will be able to spot easily. |
Real Eyes Realize Real Lies
_________________________
http://inflation.us
Save the US Cent! http://www.facebook.com/#/group.php?gid=192523715681&ref=mf
www.pre82.com <-- My website. |
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Bart
Penny Pincher Member
Canada
120 Posts |
Posted - 02/27/2009 : 10:58:35
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Hi TXTim -
Thats a nice bonus to find in a bag of copper!! I can't find anything that good in a park or a shopping mall unless I'm paying for item. These bags/boxes of pennies do you order them at the bank? I'm not sure if they offer that here in Ontario, Canada. Is it a free service? I'm still going through my rolled pennies to pull the 1982-96 copper ones that I thought were zinc!
Best regards, Bart |
Nice. Yes. Very nice. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 02/27/2009 : 11:13:06
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quote:
Originally posted by Bart
'm still going through my rolled pennies to pull the 1982-96 copper ones that I thought were zinc!
Best regards, Bart
Oh just lighter weight copper. Interesting story how the mint chopped off the "sides" to lighten the coin and save money. BTW now you can just pull everything that is not round - should go quick. |
“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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Bart
Penny Pincher Member
Canada
120 Posts |
Posted - 02/27/2009 : 11:37:39
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Hi TXTim -
Thats a nice bonus to find in a bag of copper!! I can't find anything that good in a park or a shopping mall unless I'm paying for item. These bags/boxes of pennies do you order them at the bank? I'm not sure if they offer that here in Ontario, Canada. Is it a free service? I'm still going through my rolled pennies to pull the 1982-96 copper ones that I thought were zinc!
Best regards, Bart |
Nice. Yes. Very nice. |
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 02/27/2009 : 16:09:01
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quote:
Originally posted by Bart
Hi TXTim -
Thats a nice bonus to find in a bag of copper!! I can't find anything that good in a park or a shopping mall unless I'm paying for item. These bags/boxes of pennies do you order them at the bank? I'm not sure if they offer that here in Ontario, Canada. Is it a free service? I'm still going through my rolled pennies to pull the 1982-96 copper ones that I thought were zinc!
Best regards, Bart
Thanks Bart and welcome!
I have the bank order me boxes and I buy bags from banks that have bag-type coin counter-sorters. I also ask for customer wrapped rolls occasionally.
No fees involved. Some banks do charge a fee and those are best to avoid.
Good Luck! |
Beer is my currency. |
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Gold!!!- Pictures added
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