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lilyrdape
Penny Pincher Member
USA
152 Posts |
 Posted - 05/14/2009 : 12:30:04
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just now starting to pick up some again wondering what prices have been doing lately. also any tips for picking up bigger loads to pennies...mainly talking the bank into such a thing...my largest pickups used to only avg 4 boxes   
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natsb88
Administrator
USA
1850 Posts |
Posted - 05/14/2009 : 15:56:56
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The short answer is yes, they are selling over face 
I can't keep the 5-pound bags in stock...
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Nate
The Copper Cave
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 05/17/2009 : 16:38:03
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For those of us who don't have a regular coin ship business, or huge hoards of copper pennies, or are 'very small' hoarders, having only a couple or three hundred rolls of copper 1940-1981 (or less), what suggestions are there for selling them? Is eBay a reasonable choice?
Thanks
sheba |
woof ... wag ... whine |
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fb101
Administrator
USA
2856 Posts |
Posted - 05/17/2009 : 17:19:58
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| What are you getting for those? Are you leaving the wheats in? |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/17/2009 : 17:21:46
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Sheba,
I would suggest you try to sell them here first in our Market forums. No fees and though many here may be doing the same thing you are in sorting, there are many who come here who don't want to take the time to do so but want to hold on to copper coins for the long term. |
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Think positive. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/17/2009 : 19:16:54
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quote:
Originally posted by natsb88
The short answer is yes, they are selling over face
I can't keep the 5-pound bags in stock...
What, did the heat sealer break down? 
If the market heats up much more, I might just have to dip a toe back in the market. |
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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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 05/17/2009 : 19:34:14
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| my concern is that now that copper prices have gone up, hoarders will be coming out of the wood work and snatching up the copper that I should be getting. |
You don't have to be the BEST you just have to be.......SLICK
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/17/2009 : 19:39:20
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Tips to make you need a cart:
1) Always preorder.
2) Act like it's not a big deal to order a significant number of boxes.
3} Ask for your "standard order" of 24 boxes.. if they can't fill that, maybe they will offer to get you 12.. or 8.
4} Take whatever they offer.. a little every week can add up, and you might be able to bump the order in the future.
5) Always be there at the agreed upon time to pick up your order.. no excuses.
6) More Banks.. Bigger Banks
7) Develop a relationship with the vault teller. You want to be that person's bestest friend.. always taking CWR whenever they have it in, so they never have to ship. Chocolate never hurts either.
8) Spread your action around.. it is much easier get a good # of boxes if you are picking up at 15 or 20 branches.
9) Get that cart.. you will need it. The goal is to get in and out quickly with your pennies so you are a minimal disruption to normal bank businees. |
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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natsb88
Administrator
USA
1850 Posts |
Posted - 05/17/2009 : 20:54:21
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quote:
Originally posted by fb101
What are you getting for those? Are you leaving the wheats in?
I have been buying sorted coppers so some of the wheats were pulled by those I bought from. I saw a few go through, but not many. I got one upset email from a customer that purchased a few bags and looked through for wheats expecting to get lots. I don't even have any pictures of wheats or mentions of wheats on my website, but the customer claimed that the date range on the package (1909-1982) meant there should be wheat pennies in the package. I just did a run of packaging and updated the date range to 1959-1982 to hopefully avoid that kind of thing in the future. I will be updating the photos shortly.
I sell the 5-pound bags for $17.95, or as low as $16.95 in quantity (10+ bags). I sell the 1-pound bags for $3.95, or as low as $3.75 in quantity. |
Nate
The Copper Cave
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natsb88
Administrator
USA
1850 Posts |
Posted - 05/17/2009 : 20:56:22
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quote:
Originally posted by HoardCopperByTheTon
What, did the heat sealer break down?
If the market heats up much more, I might just have to dip a toe back in the market.
The heat sealer is fine, there just aren't enough hours in the day
Now that I'm done with classes for the summer, I'm beginning to work on a sorter and a system to make removing the uglies easier, since that is the most time consuming part. |
Nate
The Copper Cave
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RyanAKL
Penny Pincher Member
USA
224 Posts |
Posted - 05/17/2009 : 21:47:42
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| how do you guys figure your prices for 5-10-20 LB bags? |
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natsb88
Administrator
USA
1850 Posts |
Posted - 05/17/2009 : 22:09:49
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quote:
Originally posted by RyanAKL
how do you guys figure your prices for 5-10-20 LB bags?
I take into consideration what the copper costs me, the time it takes to sort out the uglies, the time it takes to weigh and package, the cost of the bag and card, and the amount I would like to make on it.
You can figure on approximately 150 pennies per pound. |
Nate
The Copper Cave
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sheba
Penny Pincher Member
USA
191 Posts |
Posted - 05/17/2009 : 23:14:37
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quote:
Originally posted by Ardent Listener
Sheba,
I would suggest you try to sell them here first in our Market forums. No fees and though many here may be doing the same thing you are in sorting, there are many who come here who don't want to take the time to do so but want to hold on to copper coins for the long term.
Thanks very much for the suggestion, Ardent Listener. That's a much better suggestion than my thought about eBay. I'll keep that in mind as my hoard grows. I'm presently just sorting a few rolls at a time...a nice, relaxing hobby! Have found a few wheaties and one 1943 steelie (but no Indians or '1922 no D' .... as yet ). I'm getting about 25 - 35% copper per roll.
Thanks again.
sheba
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woof ... wag ... whine |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/18/2009 : 01:04:36
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quote:
Originally posted by natsb88
quote:
Originally posted by HoardCopperByTheTon
What, did the heat sealer break down?
If the market heats up much more, I might just have to dip a toe back in the market.
The heat sealer is fine, there just aren't enough hours in the day
Now that I'm done with classes for the summer, I'm beginning to work on a sorter and a system to make removing the uglies easier, since that is the most time consuming part.
I know what you mean.. there are not enough hours in the day for me either. I didn't even get through the 53 boxes I picked up this week.. and didn't touch the 24 bags of copper I picked up from another local sorter.. or the 7500 coppers that showed up at the PO box Saturday.
I know what you mean about how time consuming "removing the uglies" or as I call it, "refining" is. I am a few tons behind on that too. |
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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copper pennies selling over face?
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