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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
 Posted - 06/10/2009 : 10:35:23
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My space to store pennies is almost gone. And if I have to sell off some of the hoard i wanted to see if anyone considers selling off certain years or decades of memorials first.
I have some $25 boxes sorted into decades (e.g. 60's, 70's, and 80's).
The younger ones weigh more but the older ones i like to think may have a higher overall value.
Is there any gain to having such a preference, or should they all just go to make space?
~J0B3
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Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 06/10/2009 : 10:53:27
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I suggest posting in the "BUY-IT-NOW" any copper penny lots you want to dispose. There are plenty of Realcent copper hoarders just waiting for your coins  . |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 06/10/2009 : 11:03:40
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| Unless they are wheats a copper penny is only worth a copper penny! A 1959 doesnt have any more copper in it than a 1981! As for a numismatic play. The coins have to been in XF or AU oondition or better to make it worth the numismatic play! |
Copper Penny Investing
www.portlandmint.com |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 06/10/2009 : 14:31:24
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I haven't even looked into selling yet. Thought I'd sit on them till copper broke $3/lb. Anyways thanks for the information!
~J0B3 |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 06/10/2009 : 14:50:17
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| Even if it hid $3, you would likely only get a tenth cent or so increase in prices. EX: most are selling for 1.5x, you would get 1.6x. Actually, when cu was $4, they were selling for 1.5x. So I don't know. But going up to $3 isn't really going to make you much profit if you want to get rid of them anytime soon. |
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Pennyworth
Penny Sorter Member
USA
83 Posts |
Posted - 06/10/2009 : 17:34:20
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I have a question about wheat pennies. If they are separated by years and rolled are they worth more? For example I have the following wheats by year in rolls: 1934, 1935, 1936, 1937, 1939, 1940, 1941, 1942, 1944, 1945, 1946, 1948. I also have a few rolls that are mixed 40's, mixed 30's, mixed 20's. I haven't sorted and separated the wheats from the 50's yet. All of the wheats are circulated condition. Thank you
spelling edit |
Edited by - Pennyworth on 06/10/2009 17:37:03 |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 06/10/2009 : 18:15:17
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quote:
Originally posted by Pennyworth
I have a question about wheat pennies. If they are separated by years and rolled are they worth more? For example I have the following wheats by year in rolls: 1934, 1935, 1936, 1937, 1939, 1940, 1941, 1942, 1944, 1945, 1946, 1948. I also have a few rolls that are mixed 40's, mixed 30's, mixed 20's. I haven't sorted and separated the wheats from the 50's yet. All of the wheats are circulated condition. Thank you
spelling edit
There are some numismatic types that like to search date or decade rolls for certain lesser known varities (like Coneca varities for example). It's a specialized group, and I really dont know how many people actually do this or what you can expect to sell the varities for. For more info though, try looking at:
You must be logged in to see this link. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 06/10/2009 : 20:27:07
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quote:
Originally posted by Pennyworth
I have a question about wheat pennies. If they are separated by years and rolled are they worth more? For example I have the following wheats by year in rolls: 1934, 1935, 1936, 1937, 1939, 1940, 1941, 1942, 1944, 1945, 1946, 1948. I also have a few rolls that are mixed 40's, mixed 30's, mixed 20's. I haven't sorted and separated the wheats from the 50's yet. All of the wheats are circulated condition. Thank you
spelling edit
I doubt you will get much more for the year rolls since they are common dates. You do get more for teens and twenties so I would just sort out by the decades. Everything in the 40's and 50's is common (except for the errors like the 55 double die!) |
Copper Penny Investing
www.portlandmint.com |
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Pennyworth
Penny Sorter Member
USA
83 Posts |
Posted - 06/10/2009 : 21:40:27
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| Thanks CoinHunter53562 and highroller4321. |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 06/10/2009 : 22:10:27
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| how many boxes do you have? IMO it would be better to increase the pile, not decrease it unless you have a substantial pile. |
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harley1
Penny Pincher Member
140 Posts |
Posted - 06/11/2009 : 09:17:40
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quote:
Originally posted by Gr33nday43
Even if it hid $3, you would likely only get a tenth cent or so increase in prices. EX: most are selling for 1.5x, you would get 1.6x. Actually, when cu was $4, they were selling for 1.5x. So I don't know. But going up to $3 isn't really going to make you much profit if you want to get rid of them anytime soon.
i find that hard to believe....they are selling for more than that on ebay right now all day long |
Today is the tomorrow we worried about yesterday. |
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Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 06/11/2009 : 15:09:07
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quote:
Originally posted by harley1
quote:
Originally posted by Gr33nday43
Even if it hid $3, you would likely only get a tenth cent or so increase in prices. EX: most are selling for 1.5x, you would get 1.6x. Actually, when cu was $4, they were selling for 1.5x. So I don't know. But going up to $3 isn't really going to make you much profit if you want to get rid of them anytime soon.
i find that hard to believe....they are selling for more than that on ebay right now all day long
Yes, you are correct. One member here, who sells massive amounts of copper cents, is currently selling 10 pound bags for $31.99. That's 2.1327 cents per copper cent if my calculations are accurate. Also, he is buying them for 1.25 X face value.
And, the current price of copper is $2.40/pound. If the price of CU goes up to $3 or $4 per pound, there certainly will be a noticeable increase in the market value of copper cents. |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
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harley1
Penny Pincher Member
140 Posts |
Posted - 06/11/2009 : 16:26:48
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| if someone is will sell to me at 1.25x face value,PM me |
Today is the tomorrow we worried about yesterday. |
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 06/17/2009 : 18:52:38
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| lol...copperbullion has created a strong market for his products. VERY very few can sell for the prices he gets. That is also why he can buy for so low. By selling on eBay, you also have to take 10-15% off the final price for fees and shipping. Silver surfer, last summer copper cents were still selling for less than 1.6 cents, and copper was $4 a pound. Why would it be any different if copper hit that price again? |
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 06/17/2009 : 18:53:44
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| Harley, btw, if you know who the right people are you can buy for 1.4x face. Shop around until you get the best price. |
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Reducing the pile
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