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deleted
64 Posts |
 Posted - 02/25/2009 : 20:11:46
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Several of my order / source banks have begun charging me a handling fee of $5 or $10 per M even with account open...OK with me..my dump bank charges $10 M to buy, but takes unlimited back...
Hit 5 banks on the road today...I agree with those who say the highest hits are teller drawers and hand rolled returns..today at one bank, they had only 2 halves, one a 64. I always buy everything they have and look at none of it till later..unlike someone else who told exactly what they do with the coin, I say nothing unless asked, then only that my kids like em..I DO NOT want to give any tellers any more education than they need. haha
My beginners luck was $88 of hand rolled, yielding a morgan, 2 walkers, 6 JFK 90s, and 2 1/2 rolls of 40%..I told my wife it is probably down hill from there..but what a hoot..
We average 4 boxes a week and my wife is as excited to crack em open as I am..better than bingo..
Been lurking for a long time, just joined and started posting actually, looking for help running my Brandt 6500/ Mach 7 see other posts for that..
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"it is the tradition that a Kentuckian does not retreat, he does not have to" |
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Copper Catcher
Administrator
USA
2092 Posts |
Posted - 02/25/2009 : 20:47:58
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| You hit the motherload! Congrats, keep up the good work! |
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Copper Catcher
Administrator
USA
2092 Posts |
Posted - 02/25/2009 : 20:48:26
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| Also, welcome to the forum!!!! |
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n/a
deleted
64 Posts |
Posted - 03/12/2009 : 22:27:11
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| Tomorrow I am calling several armoured car companies that service the banks here in town to see if I can buy halves direct from them...anyone try that? How'd it go? |
"it is the tradition that a Kentuckian does not retreat, he does not have to" |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/12/2009 : 23:02:19
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They usually want fees too.. and want a commercial address to deliver to. Worth a try for larger orders.  |
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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jadedragon
Administrator
Canada
3788 Posts |
Posted - 03/13/2009 : 09:41:11
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| The trick is to buy from the banks that charge their fees on coin deposits, and sell to the ones that charge coin buyers. Live fee free or die! (is that not the quote on som elicense plate?) |
“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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Copper Catcher
Administrator
USA
2092 Posts |
Posted - 03/16/2009 : 17:31:55
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My last $500 half box yield zero, zilch, nada, goose egg! Ugh...
Then I go to another bank and one teller has a two dollars in halves, I get them, and three are 40% silver.
Also, I still avoid several banks that get pennies from a certain carrier because they have all been presorted with all the copper stripped from them.
I have to wonder if the Mint is filling the pinch yet with all the cooper being sucked out of circulation. Has anyone heard anything on this?
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Copper Catcher
Administrator
USA
2092 Posts |
Posted - 03/16/2009 : 17:32:56
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| At this point I'm not being charged for halves or pennies but that could change any day I am sure. It all would depend on the volume. |
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n/a
deleted
64 Posts |
Posted - 03/16/2009 : 21:18:02
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| I have a chance to buy from a Dunbar serviced bank, but they want their $ a week ahead. Just when I get ready to give up on Brinks, I get $16.50 face of 40% and 2 90%s out of one box....jeesh....the only constant is inconsistancy, the only cure is persist"ancy". 8 more boxes of mixed ordered for this week from various suppliers. Still buying silver off the street at 6 to 9 x face. |
"it is the tradition that a Kentuckian does not retreat, he does not have to" |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/17/2009 : 00:48:25
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| Copper Catcher.. Glad to hear you aren't being charged for boxes either.. that would wipe out any potential gain. You may want to give those Brinks Boxes of pennies another try. They stopped doing the sorting when the price of copper tanked. I haven't gotten a single dud box in several months. |
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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WIZARD1
Penny Sorter Member
USA
48 Posts |
Posted - 03/17/2009 : 05:31:59
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| I deal with BOA they deal with brinks and dunbar in my area i quit buying pennies because brinks was pulling all copper.On halves I got 1000.00 from brinks once got skunked Dunbar is my steady source from BOA and I almost always find some silver. |
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Charge for boxes of Halves here now
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