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Gr33nday43
New Member
Uzbekistan
10 Posts |
 Posted - 07/10/2009 : 18:29:34
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I went to some cities around and made a day out of looking for LP2's. After searching around for 6 hours, I came out with $110 face value. If these sell on eBay and I make a profit of $80 a box, that's almost $60 an hour...not bad!  Keep looking...they are out there.
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chris6084
Penny Collector Member
303 Posts |
Posted - 07/10/2009 : 20:50:15
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quote:
Originally posted by Gr33nday43
I went to some cities around and made a day out of looking for LP2's. After searching around for 6 hours, I came out with $110 face value. If these sell on eBay and I make a profit of $80 a box, that's almost $60 an hour...not bad! Keep looking...they are out there.
Don't expect $80 a box profit anymore. My most recent ebay sales have been $50-$60 plus shipping. |
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 07/10/2009 : 21:51:31
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| I purposely overpriced mine...hopefully I will get some bites. I made buy it now $150 and the buyer can make an offer. I sold a box last week for $125. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/11/2009 : 10:26:07
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| Not to digress too much, but how many are you guys finding doing bag or box searching? I am in the process of hand sorting a box, and found one LP1 so far, no LP2's. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 07/11/2009 : 10:33:31
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| I've found about 200 ($2 face) in about $150 I've hand sorted over the past two months. I can't wait for LP3! |
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thewalrus81
Penny Sorter Member
93 Posts |
Posted - 07/11/2009 : 16:19:33
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| Coinhunter - I just finished an NF String box and came across my first circulated LP2. The box also had 8 LP1s - all P mint. Out of all the previous boxes I've done over the past month, I've been averaging 1 or 2 LP1s per box. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/12/2009 : 15:30:56
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quote:
Originally posted by thewalrus81
Coinhunter - I just finished an NF String box and came across my first circulated LP2. The box also had 8 LP1s - all P mint. Out of all the previous boxes I've done over the past month, I've been averaging 1 or 2 LP1s per box.
Nice! So far I have hand sorted 1 1/2 boxes this weekend and only found 1 LP2. Maybe the 2nd half of the box will yield some more, but I would rather find wheats or wild Indians anyway.  |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Edited by - CoinHunter53562 on 07/12/2009 15:31:13 |
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coinwolf
Penny Collector Member
USA
277 Posts |
Posted - 07/12/2009 : 15:34:53
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| Working on a strings box and found my first ones (4 so far). |
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Corsair
Penny Hoarding Member
811 Posts |
Posted - 07/12/2009 : 15:46:45
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| I've found a few hundred over the past few bags. It seems we are saturated with them. |
So long, Realcent 1. Come visit us at Realcent.org! |
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Tourney64
1000+ Penny Miser Member
USA
1035 Posts |
Posted - 07/12/2009 : 15:50:59
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| Found 1 circulated LP2 so far, 5 LP1. |
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JP_007
Penny Sorter Member
USA
58 Posts |
Posted - 07/12/2009 : 15:54:02
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| has anyone see any recent mintage figure for the LP2'S? I have quite a few of the mint wrapped boxes and was hoping to sell them later on but im not sure they are going to be anywhere near as desirable as the LP1 |
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G Powerbuck
Penny Collector Member
USA
256 Posts |
Posted - 07/12/2009 : 17:49:12
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| I found my first 2 LP2s P and D in my last box, and it also had a P and D LP1. |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 07/12/2009 : 19:11:51
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Central Florida area for me and I have yet to find any of the new pennies around here.
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biglouddrunk
Penny Pincher Member
138 Posts |
Posted - 07/12/2009 : 19:48:38
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| I've only found about 30 LP1's and 1 LP2 after hand sorting about 2K face worth in the past 3 months. They must be rare here in michigan. |
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phildogg
Penny Sorter Member
51 Posts |
Posted - 07/12/2009 : 20:20:16
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Last box I found 2 Lp1 and 15 Lp2..
phil |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 07/12/2009 : 21:35:56
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quote:
Originally posted by Gr33nday43
I went to some cities around and made a day out of looking for LP2's. After searching around for 6 hours, I came out with $110 face value. If these sell on eBay and I make a profit of $80 a box, that's almost $60 an hour...not bad! Keep looking...they are out there.
Its much easier to just call the banks and ask them before you go around to them.
Also the LP2 prices have taken a dramitic fall now that the distribution system is starting to go again. |
Copper Penny Investing
www.portlandmint.com |
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 07/12/2009 : 21:52:54
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| Actually it seems that the tellers lie or are too lazy to check whether they had any. I called around to some of the banks in my city and they all said they didn't have any, yesterday I got 6 more boxes out of 8. |
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Maine_Jim
New Member
8 Posts |
Posted - 07/13/2009 : 07:26:58
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I've got one hand roll of the lp2 - total. A teller had it in her tray and said some guy from NY dropped them off in a small bag. Found one die crack coin in the roll, it was on the mallet. I've managed a few boxes of LP1 lately. Some tellers get pretty angry when I ask to buy all they have while others will gladly round up every roll in the place for them.
Maine_Jim |
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Kurr
1000+ Penny Miser Member
2906 Posts |
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On the hunt for LP2's...
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