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Author Topic: Pre-1982 (copper) pennies.  (Read 3348 times)
bluefirecorp (OP)
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July 19, 2012, 04:06:16 PM
Last edit: July 25, 2012, 02:38:59 PM by bluefirecorp
 #1

$0.02 each penny.

Shipping is free on any order over 2500 pennies.

Prices are negotiable.

I can get as many as you need within reason.

Larger orders may require down payments to make sure no one is trolling me. [I don't want to have $2,000 USD tied up in pennies for 3 months].

silverbox
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July 19, 2012, 04:19:40 PM
 #2

$0.02 each + you pay the shipping.

Right now, I have 151, but if I can just sell them [as a proof of concept], I'll gladly get more Smiley

(I have an unemployed fiance who can sort them in her free time) Tongue

I'd prefer finding a perma-buyer over new buyers each week [this way, we can easily reduce shipping costs] (also, in bulk prices will probably be cheaper/there will be a discount for every 'x' you buy or something)

Your fiance will make more per hour flipping burgers then sorting pennies Smiley
bluefirecorp (OP)
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July 19, 2012, 04:21:08 PM
 #3

$0.02 each + you pay the shipping.

Right now, I have 151, but if I can just sell them [as a proof of concept], I'll gladly get more Smiley

(I have an unemployed fiance who can sort them in her free time) Tongue

I'd prefer finding a perma-buyer over new buyers each week [this way, we can easily reduce shipping costs] (also, in bulk prices will probably be cheaper/there will be a discount for every 'x' you buy or something)

Your fiance will make more per hour flipping burgers then sorting pennies Smiley
She's not a people-person.
No driver's license either [in a town where that's required for any sort of job], and she refuses to get one.. so AT home jobs for her Smiley

bluefirecorp (OP)
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July 19, 2012, 04:27:38 PM
 #4

Wait... pennies made of copper are worth more than a penny? No way!

Yes way! However unless you are jobless or have absolutely no life and get really bored really fast it's not worth your time to sort them.

Trust me, after spending 2 hours sorting just finding 151 out of a ton of coins, it was just a pain.

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July 19, 2012, 04:29:10 PM
 #5

$0.02 each + you pay the shipping.

Right now, I have 151, but if I can just sell them [as a proof of concept], I'll gladly get more Smiley

(I have an unemployed fiance who can sort them in her free time) Tongue

I'd prefer finding a perma-buyer over new buyers each week [this way, we can easily reduce shipping costs] (also, in bulk prices will probably be cheaper/there will be a discount for every 'x' you buy or something)

Your fiance will make more per hour flipping burgers then sorting pennies Smiley
She's not a people-person.
No driver's license either [in a town where that's required for any sort of job], and she refuses to get one.. so AT home jobs for her Smiley
Teach her how to daytrade!  Shocked
finkleshnorts
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July 19, 2012, 04:32:13 PM
 #6

I found a 1981 (heads up!) at an abandoned factory yesterday. Free to good home
bluefirecorp (OP)
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July 19, 2012, 04:33:29 PM
 #7

I found a 1981 (heads up!) at an abandoned factory yesterday. Free to good home

If you pay shipping, I'll take it!

finkleshnorts
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July 19, 2012, 04:35:47 PM
 #8

I found a 1981 (heads up!) at an abandoned factory yesterday. Free to good home

If you pay shipping, I'll take it!

Sorry, pick up only Wink
bluefirecorp (OP)
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July 19, 2012, 04:36:18 PM
 #9

I found a 1981 (heads up!) at an abandoned factory yesterday. Free to good home

If you pay shipping, I'll take it!

Sorry, pick up only Wink

Location?

finkleshnorts
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July 19, 2012, 04:38:40 PM
 #10

I found a 1981 (heads up!) at an abandoned factory yesterday. Free to good home

If you pay shipping, I'll take it!

Sorry, pick up only Wink

Location?

Ha! Arkansas.
bluefirecorp (OP)
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July 19, 2012, 05:02:11 PM
Last edit: July 20, 2012, 04:20:38 AM by bluefirecorp
 #11

I found a 1981 (heads up!) at an abandoned factory yesterday. Free to good home

If you pay shipping, I'll take it!

Sorry, pick up only Wink

Location?

Ha! Arkansas.

Great, I live about 20 min away from Jacksonville.

I just found 5 of them in my change holder. Winning!

Congratz, you have a dime worth of pennies Smiley


EDIT: I was actually kidding about living 20 min away from Jacksonville, just wanted to mess with him.


Pennies are still for sale.

bluefirecorp (OP)
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July 20, 2012, 09:54:31 AM
 #12

Surprised that no one has even sent me an offer.

Really now BTC forum? You deal in Gold, Silver, other materials *cough*virtual*cough*nuggets*cough*, but you won't touch cheap copper.  Roll Eyes

DrG
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July 20, 2012, 12:06:24 PM
 #13

I think it's just a space issue.  Sure copper has gone up in the last few years (as have most metals) but it would probably be easier storing silver and gold for density.  I probably have at least 300 pre-82s and several hundred "1/2 pennies".

Surprised nobody is selling Morgan dollars on here...
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July 20, 2012, 12:09:54 PM
 #14

Now if you were selling Tantalum, that would be a different story. Rare earths and cell phones go hand in hand literally.

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silverbox
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July 20, 2012, 12:13:03 PM
 #15

$0.02 each + you pay the shipping.

Right now, I have 151, but if I can just sell them [as a proof of concept], I'll gladly get more Smiley

(I have an unemployed fiance who can sort them in her free time) Tongue

I'd prefer finding a perma-buyer over new buyers each week [this way, we can easily reduce shipping costs] (also, in bulk prices will probably be cheaper/there will be a discount for every 'x' you buy or something)


To make this clear, it's a proof-of-concept. In the future, we could probably process more than 20k pennies a day [I have a few unemployed friends and such].
It could become quite profitable pretty quickly.

This is your problem..

Surprised that no one has even sent me an offer.

Really now BTC forum? You deal in Gold, Silver, other materials *cough*virtual*cough*nuggets*cough*, but you won't touch cheap copper.  Roll Eyes

I'll buy them for .02 each if you pay shipping.

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July 20, 2012, 01:27:07 PM
 #16

Surprised that no one has even sent me an offer.

Really now BTC forum? You deal in Gold, Silver, other materials *cough*virtual*cough*nuggets*cough*, but you won't touch cheap copper.  Roll Eyes

These pennies sell on ebay pretty readily.  Really it is not worth it to sort them and try to sell them, but you can on ebay.  The real boom in copper was last year when prices were about 30% higher then they are now.  1.5 to 2 cents each is about what you can get in BULK right now.  Pennies are sent in flat rate boxes to save money and if you do not have enough to fill one up then it becomes even more pointless. 

Ilikeham
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July 20, 2012, 06:24:16 PM
 #17

Agreed, I sell pre 82 Canadian nickels sometimes in bulk (they are 99.99 pure nickel) but that's just because they are already sorted as part of another process. With metals prices down I just leave them there in the shop in boxes, I don't care.

Pennies for their copper... too many issues hording including weight and bulk. Not enough upside.
rjk
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July 20, 2012, 07:41:27 PM
 #18

Now if you were selling Tantalum, that would be a different story. Rare earths and cell phones go hand in hand literally.
Huh, I had a bucket of tantalum ore laying around somewhere. Shit was HEAVY. Might have gotten thrown out though.

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July 20, 2012, 07:55:25 PM
 #19

Not that its much of a problem for the most part, but melting pennies for their scrap value is illegal. The main problem is the cost, if you ship $50 worth of pennies, it will cost you $200 for shipping. Your 151 pennies, worth $3 approximately will cost at the very minimum $5 to ship.
silverbox
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July 20, 2012, 08:02:07 PM
 #20

Not that its much of a problem for the most part, but melting pennies for their scrap value is illegal. The main problem is the cost, if you ship $50 worth of pennies, it will cost you $200 11.35 for shipping. Your 151 pennies, worth $3 approximately will cost at the very minimum $5 to ship.

FTFY

You can cram $75+ of pennies into a medium flat rate box $11.35.
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