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 Copper Penny Bullion Investing
 2 solid copper boxes from one of my banks.
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merc49
Penny Sorter Member


88 Posts

Posted - 06/23/2009 :  17:43:37  Show Profile Send merc49 a Private Message
stopped at one of my pick up banks today and asked for 2 boxes. the only 2 they had were deposited by a guy they called the penny guy. I decided to take my chances and take the two boxes. one was marked 1970's and the other 1960s. i spot checked 4 randome rolls from each box and they were all coppers in the date range written on the boxes.

wish it were that easy every time.

Heavy Metal
Penny Sorter Member



USA
86 Posts

Posted - 06/23/2009 :  18:02:46  Show Profile Send Heavy Metal a Private Message
Amazing this guy would go through all that trouble to sort them by date and then just bring them back to bank. I guess he just needed the money.

Ever notice how it's a penny for your thoughts, yet you put in your two-cents? Someone is making a penny on the deal! - Steven Wright
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Corsair
Penny Hoarding Member



811 Posts

Posted - 06/23/2009 :  18:05:08  Show Profile  Send Corsair a Yahoo! Message Send Corsair a Private Message
It's interesting how the economic troubles have trade-offs. This, for example, is one of the positive things to come out of it for us penny sorters. And then, of course, there's the lay-offs and inflation and unemployment that present a negative side. I guess there is a silver lining (or at least copper) to every cloud. Congrats.

So long, Realcent 1. Come visit us at Realcent.org!
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dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 06/23/2009 :  18:19:31  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
That is being at the right place at the right time
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Ardent Listener
Administrator



USA
4841 Posts

Posted - 06/23/2009 :  18:30:01  Show Profile Send Ardent Listener a Private Message
Maybe the guy is just looking for wheat cents and has a sort by date compulsion.

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Think positive.
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 06/23/2009 :  20:01:42  Show Profile Send NotABigDeal a Private Message
quote:
Originally posted by Ardent Listener

Maybe the guy is just looking for wheat cents and has a sort by date compulsion.


I think so.

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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merc49
Penny Sorter Member



88 Posts

Posted - 06/23/2009 :  20:11:09  Show Profile Send merc49 a Private Message
The next bank i was able to snag 15 rolls of log splitters. No boxes though. will try them again in the morning they said they could not get in the vault because the main vault teller wasnt in.
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 06/23/2009 :  21:19:18  Show Profile Send highroller4321 a Private Message
I think the guy just needed the money. Nice score

Copper Penny Investing
www.portlandmint.com
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buyingsilvers
Penny Collector Member



441 Posts

Posted - 06/23/2009 :  21:20:30  Show Profile Send buyingsilvers a Private Message
merc you have the craziest luck ever. You might think about following up with the bank. leave them your business card and see if they can hold whatever boxes the guy brings in.

Alternatively, you could hav ethe guy contact you, but you might be paying more than face for the boxes this way.

Edited by - buyingsilvers on 06/23/2009 21:21:26
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merc49
Penny Sorter Member



88 Posts

Posted - 06/23/2009 :  21:50:04  Show Profile Send merc49 a Private Message
quote:
Originally posted by buyingsilvers

merc you have the craziest luck ever. You might think about following up with the bank. leave them your business card and see if they can hold whatever boxes the guy brings in.

Alternatively, you could hav ethe guy contact you, but you might be paying more than face for the boxes this way.



I would say 1 part luck to 3 parts "getting after it". Once i found a couple boxes of the new stuff at the same banks i went all over the city to every branch i could find. Put about 500 miles on the suv in two weeks just on bank runs. Sorted about 75 boxes of the older stuff and not to mention about 5 post office trips to mail the new stuff auctions. I also work 50 hours a week at my job, have a wife and 3 kids. The wife was kinda irritated with my new hobby until she saw me leave with a couple hundred dollars one morning and come home with $1300 5 hours later. Concidering the fact that the two hundred I left with was our last 2 hundred till pay day a week away it made a big difference in our finances. if you keep after it you will hit some pay days. if you do it right you should always be able to make a little money, and at the very worst just be out your time doing somthing you enjoy. If you dont enjoy this then I would recomend another hobby.
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buyingsilvers
Penny Collector Member



441 Posts

Posted - 06/23/2009 :  22:23:18  Show Profile Send buyingsilvers a Private Message
^

Some of us havent even reached the first step of getting the new stuff. if I did, you'd better believe I'd be slamming the banks with orders.
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PreservingThePast
1000+ Penny Miser Member



USA
1572 Posts

Posted - 06/24/2009 :  13:45:11  Show Profile Send PreservingThePast a Private Message
quote:
Originally posted by merc49

stopped at one of my pick up banks today and asked for 2 boxes. the only 2 they had were deposited by a guy they called the penny guy. I decided to take my chances and take the two boxes. one was marked 1970's and the other 1960s. i spot checked 4 randome rolls from each box and they were all coppers in the date range written on the boxes.

wish it were that easy every time.



I think I have stopped drooling long enough now to post a reply--wouldn't want to short out my keyboard/computer!!!

Congratulations!!! Were there many S mint marks??? That is one super, awesome find to have to sort.

Continued success.
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Maine_Jim
New Member



8 Posts

Posted - 06/24/2009 :  21:55:57  Show Profile Send Maine_Jim a Private Message
Had a similar hit last month. I was picking up my weekly halves at my bank when the teller asks if I was interested in pennies and old bills. Sure I say! I got fifty dollars in silver certificates and then $125 in cents. The rolls were as faded as could be and the teller said they came from an old lady that just went into the nursing home. I'm getting pretty excited as I haul the boxes out. Trouble was when I start looking closer at them they all have "to spend" written on them! I was thinking wheaties galore. Alas not to be but it was solid 60s and 70s. Many bright BU that had been all rolled back then and thrown in a box. I'm not a big copper collector but I mentioned on another forum this find and was told to check in here and I've been kinda lurking ever since. Since that find I've started looking at the cents again. Scored a box and a half of Log Cabins and this week got another solid box of copper - this one was from brinks and included the wheats!. Been getting kinda skunked on the halves so the pennies are looking a little better nowadays.

Maine_Jim
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Silver Surfer
Penny Pincher Member



USA
148 Posts

Posted - 06/24/2009 :  22:27:34  Show Profile Send Silver Surfer a Private Message
Is there any chance the guy returned these boxes by mistake, thinking they were his zinc boxes?

You really got lucky. Way to go.

"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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daviscfad
1000+ Penny Miser Member



USA
1664 Posts

Posted - 06/25/2009 :  09:12:13  Show Profile Send daviscfad a Private Message
I think this is one of the best penny finds ever! Congrats

Inquiring minds want to know
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TXTim
Penny Hoarding Member



629 Posts

Posted - 06/25/2009 :  12:49:21  Show Profile Send TXTim a Private Message
Nice score and good work ethic, merc!

Beer is my currency.
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merc49
Penny Sorter Member



88 Posts

Posted - 06/25/2009 :  13:03:03  Show Profile Send merc49 a Private Message
Thanks all.
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phildogg
Penny Sorter Member



51 Posts

Posted - 06/25/2009 :  21:42:18  Show Profile Send phildogg a Private Message
great finds.. I'd love to run across a couple boxes like that.. I'm having a hard time getting banks to sell me pennies..
phil
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