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 Copper Penny Bullion Investing
 How much has your percentage dropped?
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slickeast
1000+ Penny Miser Member


USA
2533 Posts

Posted - 05/19/2009 :  18:03:07  Show Profile Send slickeast a Private Message
I know there are some seasoned hoarders on here. I was wondering how much of a drop in percentage ya'll have seen over the last couple of years.

If you starting in 2006 and are still sorting now you have to now deal with the 07,08,& 09 pennies in your boxes. Plus all the loss of all the CU pennies that have been pulled since then.

You don't have to be the BEST you just have to be.......SLICK

jadedragon
Administrator



Canada
3788 Posts

Posted - 05/20/2009 :  00:36:04  Show Profile Send jadedragon a Private Message
I've dropped from about 50% to about 33% on Canadian pennies in a year. If I can score some actual CWR and not teller wrapped rolls it seems to be better. Lots of 2007 and 2008 out there.

“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
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 05/20/2009 :  00:49:46  Show Profile Send HoardCopperByTheTon a Private Message
Wouldn't mind having to deal with some of those 09 pennies in my boxes.. hasn't been a problem yet.

When you start off low, you don't have far to fall. My percentages have only slipped from 21% in 2006 to 20% currently. I "just sort more."

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 - 05/20/2009 :  02:37:29  Show Profile Send slickeast a Private Message
I average about 23% here in the 'Dirty' south.

You don't have to be the BEST you just have to be.......SLICK

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fasTTcar
Penny Hoarding Member



Canada
573 Posts

Posted - 05/20/2009 :  06:24:29  Show Profile Send fasTTcar a Private Message
Running Canadian nickels yesterday and, for the first time ever, a sub 10% sort.

www.londongoldbuyer.com
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Cerulean
Penny Hoarding Member



USA
993 Posts

Posted - 05/20/2009 :  13:05:25  Show Profile Send Cerulean a Private Message
From October 2006 to October 2007, I was averaging 23.8% copper out of circulation.

From May 2008 to May 2009, I've been averaging 22.3% copper out of circulation.

I don't think the 1.5% drop is statistically significant.


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aaron239
Penny Collector Member



USA
260 Posts

Posted - 05/20/2009 :  15:36:11  Show Profile Send aaron239 a Private Message
I was starting to approach 20% lately from around 17%. Today's load only netted 15.86% with no solid zincs.
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moboman
1000+ Penny Miser Member



USA
2555 Posts

Posted - 05/20/2009 :  15:47:19  Show Profile Send moboman a Private Message
I dropped from 44% or so to about 20%. I then stopped ordering brinks boxes, I was doing about 3-5 hundred a week before the ultra low percentages. I now have 5 total banks that give me their cwr. So on a good week I'll average a hundred dollars.
I'm working on getting another credit union to sell me their pennies. They have 1-2 bags every week the lady said.

I once counted/sorted all the pennies for a school penny war. I got about 30% for that, IIRC.

I'd like to search more, but something killed my percentages in only a 6 month time. So, I'm not really pursuing ordering boxes again.

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


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buyingsilvers
Penny Collector Member



441 Posts

Posted - 05/20/2009 :  16:09:15  Show Profile Send buyingsilvers a Private Message
I've only been around 15% on boxes since I started in earnest this year. Tellers at 2 of my pickup banks mentioned that there's other people doing the same. Also, my area seems like it's being flooded with zincs.
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slickeast
1000+ Penny Miser Member



USA
2533 Posts

Posted - 05/20/2009 :  16:23:40  Show Profile Send slickeast a Private Message
22.6% for 4 boxes today.

60 lbs on the dot for 8 bags the day before. depending on the wear that is 21.9% minimum


You don't have to be the BEST you just have to be.......SLICK

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