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How do you sell your copper pennies, and at what price?

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Pillar of the Community
United States
3206 Posts
 Posted 02/07/2011  01:06 am Show Profile Bookmark this topic Add murrellington to your friends list Get a Link to this Message

So I have no been saving copper pennies because I do not want to sell on eBay, shipping would be too much and not worth my time. so at the moment I just toss coppers back to the bank. do any of you sell copper pennies in bulk to people in your town? if so how did you find them? I just posted an ad on craigslist to see if anyone near me wants to buy bulk coppers but I dont know if it will work.
anyways, let me know your stories and how you got your customers. and at what price you sell 5000 coppers to them for?

thanks,
-michael

Oldest Coins Found in Circulation:
Cent: 1907 Indian (roll)
Nickel: 1916 Buffalo (roll)
Dime: 1926 Mercury (roll)
Quarter: 1941 Washington (bank tray)
Half: 1946 Walking Liberty (bank tray)
Dollar: 1971 Ike (bank tray)
Pillar of the Community
United States
1001 Posts
 Posted 02/07/2011  02:12 am  Show Profile Bookmark this reply Add HoosierDaddy to your friends list Get a Link to this Reply
For one, what part of the country are you in? You would be surprised how many buyers you might have in your area. I usually sell at least $50 at a time. The most that I, personally, sell is $75 face at a time. The post office has flat rate boxes that work out just fine. I know some that can jam $100 face into that box...but there is a 70lb. max shipping weight. $100 face is around 68lbs. The cost to ship these medium flat rate boxes, as of last week, was $10.70. Tracking will cost you another $0.95 I think. You can easily find buyers at 1.5 cents each and even higher plus the shipping. You can drop me a PM and I might be able to set you up with a buyer depending on where you are at.
I'm in a TRADING mood.
Pillar of the Community
United States
1099 Posts
 Posted 02/07/2011  03:16 am  Show Profile Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
This is an interesting thread. I didn't realize people actually bought copper cents for their copper value. Crazy. Good luck, Murrellington. I would have gone the Craigslist route myself. It seems to work for just about anything.
Pillar of the Community
United States
3206 Posts
 Posted 02/07/2011  03:30 am  Show Profile Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
i live in san diego.
5000 pennies is $50 face, how much would you sell that for locally? and how much would you sell that for on eBay, if you include shipping in the price? I forgot about flatrate shipping, which could be a good deal for shipping heavy copper.

do you think it would be easy to find buyers near me, or should I go the eBay route?

HoosierDaddy: do you sell online or locally?
Oldest Coins Found in Circulation:
Cent: 1907 Indian (roll)
Nickel: 1916 Buffalo (roll)
Dime: 1926 Mercury (roll)
Quarter: 1941 Washington (bank tray)
Half: 1946 Walking Liberty (bank tray)
Dollar: 1971 Ike (bank tray)
Pillar of the Community
United States
1001 Posts
 Posted 02/07/2011  03:36 am  Show Profile Bookmark this reply Add HoosierDaddy to your friends list Get a Link to this Reply
I got a local buyer...but the rest is online. I know quite a few buyers in Cali. If you're serious...send me a PM and I'll see what I can do! The local buyers will eliminate the shipping and a cash payment is always better than paypal or a money order!
I'm in a TRADING mood.
Pillar of the Community
United States
1001 Posts
 Posted 02/07/2011  03:37 am  Show Profile Bookmark this reply Add HoosierDaddy to your friends list Get a Link to this Reply
Ebay seems a little flat right now...just do a search for copper bullion and pennies.
I'm in a TRADING mood.
Pillar of the Community
United States
3206 Posts
 Posted 02/07/2011  03:47 am  Show Profile Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
i'll pm you right now about it :) thanks.

also, for people who ship flat rate how do you do it? keep the pennies in the $25 boxes and fit those in the flat rate box? or do you just pour all the pennies in the flat rate box? or put them in a bag first?
Oldest Coins Found in Circulation:
Cent: 1907 Indian (roll)
Nickel: 1916 Buffalo (roll)
Dime: 1926 Mercury (roll)
Quarter: 1941 Washington (bank tray)
Half: 1946 Walking Liberty (bank tray)
Dollar: 1971 Ike (bank tray)
Valued Member
United States
277 Posts
 Posted 02/07/2011  07:14 am  Show Profile Bookmark this reply Add wolverine to your friends list Get a Link to this Reply
Ebay is worth it. I sell copper all the time on there. Last month I sold $50 face for $126 plus $12 for shipping. Take out the eBay and paypal fees I still profited over $50 on it. You will double your money, just find the right size sale.$5 auctions I find are not worth it, $25 ones are good and if you pack it right it will fit into a small flat rate box.
Pillar of the Community
United States
3206 Posts
 Posted 02/07/2011  07:30 am  Show Profile Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
it looks like $50 face is selling for about 85 to 100 including shipping. am I missing something? how did you get so much?
Oldest Coins Found in Circulation:
Cent: 1907 Indian (roll)
Nickel: 1916 Buffalo (roll)
Dime: 1926 Mercury (roll)
Quarter: 1941 Washington (bank tray)
Half: 1946 Walking Liberty (bank tray)
Dollar: 1971 Ike (bank tray)
Pillar of the Community
United States
3507 Posts
 Posted 02/07/2011  07:41 am  Show Profile Check Maineman750's eBay Listings Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
Selling $100 FV on eBay..they fit in a medium flat rate box. Have one ending tomorrow about this time.Last two bags brought $362.To me, it's just a by product of my roll searching, so whatever profit I get is great.
Lincolncentresource.net
Pillar of the Community
United States
3206 Posts
 Posted 02/07/2011  07:51 am  Show Profile Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
i just can't get over eBay's seller fees though. selling $100 FV for $167, how much is the fees? isn't it like 12%, so $20?
Oldest Coins Found in Circulation:
Cent: 1907 Indian (roll)
Nickel: 1916 Buffalo (roll)
Dime: 1926 Mercury (roll)
Quarter: 1941 Washington (bank tray)
Half: 1946 Walking Liberty (bank tray)
Dollar: 1971 Ike (bank tray)
Valued Member
United States
122 Posts
 Posted 02/07/2011  08:15 am  Show Profile Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply
I am one of those people HOARDING them.
I have already sold my silver bars.

(sniff, sniff..... wiping away a tear...)

Pillar of the Community
United States
2676 Posts
 Posted 02/07/2011  08:27 am  Show Profile Bookmark this reply Add fioti to your friends list Get a Link to this Reply
Plus paypal fees. I'm waiting for the go-ahead, just met an eBay seller with a smelter in Fruitland. He sells platinum & palladium as well as silver casting shot. He gets his cat. converters from ads on Craig's.
Pillar of the Community
United States
3507 Posts
 Posted 02/07/2011  09:43 am  Show Profile Check Maineman750's eBay Listings Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
The fees including paypal are 12%...unless you have a Powerseller discount...but like I said....it's all profit to me anyway...I could burn $20 in gas real quick on any kind of delivery. My Post Office is 1 mile away
Lincolncentresource.net
Pillar of the Community
United States
2258 Posts
 Posted 02/07/2011  1:29 pm  Show Profile Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
i just sold a $25 box of coppers on eBay for $50. shipp was $10.60 for med flat rate box. so total was $60.60.. but I still made $25 profit...
Pillar of the Community
United States
754 Posts
 Posted 02/07/2011  1:40 pm  Show Profile Bookmark this reply Add oblakavshtanax to your friends list Get a Link to this Reply
yeah it seems like a lot of it has to do with lot size. it looks like it's really beginning to catch on. I've been watching eBay pennies for a while now.
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