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 Replies: 45 / Views: 7,796 |
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Pillar of the Community
United States
8516 Posts |
So what do you guys do with the copper you've saved ? Just hoard it or try and sell it on ebay ? I'm trying to figure out if it's worth separating from the zincs. Thanks ! Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
1770 Posts |
ive been hoarding copper for such a long time its almost like part of the family haha  and it is worth separating from the zincs, just save those BU looking zincs as well for we all know zinc turns in like an hr - ok not that fast but you all know what I mean!  |
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Pillar of the Community
 United States
8516 Posts |
What do you do with all the copper Monks ? Have you sold any yet ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
2224 Posts |
Sitting on a few hundred dollars + right now in copper cents, and counting. Just letting it pile up; not sure what I am going to do with it, if anything.
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Valued Member
United States
218 Posts |
I'm waiting for the melt time to start if I can just get half of copper price ill still make a few dollars
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Pillar of the Community
United States
8516 Posts |
Too bad we can't sell it for melt. Probably double our money. I'm not sure but I think there are around 150 pennies to a pound and melt is somewhere around 3 bucks or so.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
8516 Posts |
Wow, 3.78 a pound, I just checked.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
Australia
4411 Posts |
Its still illegal to melt copper 1c and 2c coins in Australia but I have found a couple dodgy metal scrap dealers who pay $6.10 per kg for copper coins. There is about $3.70 in face per kg which still leaves $2.40 profit for me. Ask around and try and find a dodgy dealer to sell to.
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Pillar of the Community
United States
2424 Posts |
i sell on ebay when I get about $50 face. i usually do OK... any profit is good profit. |
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Bedrock of the Community
Australia
21788 Posts |
Save copper wire. It's pure. No refining costs. Far fewer people save copper wire, and can be obtained for much less, or if you are a roadside shopper, for free!
When I was a kid with no income, I made quite a lot of pocket money, enough to kick start my coin collection! Fortunately, I also knew a scrap metal merchant.
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Pillar of the Community
Canada
1723 Posts |
i sell on ebay when I get about $50 face. i usually do OK... any profit is good profit. How do you work this? Woulnd't it just kill the buyer with shipping fees with such a weight to it? I havent really been keeping pennies until recently. I'm not sure what to do with them but I guess I'm waiting for the go a head to melt. Not that I will have a lot of them but I guess something is better than nothing. |
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Pillar of the Community
United States
2424 Posts |
@samsnate
shipping cost for this is usually $10.50 in a medium flat rate box you can fit 3 I beleive.. 70lb weight limit...
$50, 2 boxes is about 34 lbs... its actually better for you to sell 3 boxes, that way buyers get more for their money..
if they only bought one box, then it would still be the same shipping cost...
i charge about $10.75 for shipping.. I've seen a few $50 lots go for around $80... its profit
and if you roll search a lot and get a lot of copper then you can probably get 1 box/week,,
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Pillar of the Community
Canada
1723 Posts |
@SD coin guy. I see. Makes sence where you are I guess. I don't know what shipping around here in central ontario canada would be like. You guys seem to always have better rates.
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Valued Member
United States
218 Posts |
SDcoinguy just wondering about those trouble high ebay fees and pay pal fees if you use pay pal that has to cut into your profit right? |
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Valued Member
United States
256 Posts |
I separate the wheaties and the BU coins for collecting, and just keep sticking the rest of the copper in this huge jar. I don't know how much is in there, but the jar is 11" in diameter and the coins are 8" deep. $500? $1,000? I have no idea. Any math whizes out there?
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Valued Member
United States
256 Posts |
Oh bummer... decided after all these years to actually calculate that. The volume of the cylinder is based on a radius of 5.5 inches and a height of 8 inches, or 760.55 cubic inches. The volume of a penny is based on a radius of 0.375 inches and a thickness of 0.05 inches, or 0.022 cubic inches. So .022 divided into 760.55 equals 34,570 pennies. Or $345.70. If I did that right, I'm much poorer than I thought!
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Replies: 45 / Views: 7,796 |
Posted 04/07/2012 3:41 pm
