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Who Out There Is Saving Copper Pennies

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jbuck's Avatar
United States
188213 Posts
 Posted 01/08/2013  1:09 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Everyone uses the phrase melt but just where do you sell it for that?
You do not. You sell as bullion. Personally, I save them to keep them from being melted.
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Chadwick's Avatar
United States
271 Posts
 Posted 01/08/2013  2:03 pm  Show Profile   Bookmark this reply Add Chadwick to your friends list Get a Link to this Reply
I save them as well. I have about 100 pounds of them. I keep them because the day is coming when they will go the way of the silver coin. I don't expect to profit by an substantial amount. I just keep them for the sake of keeping them. Perhaps my grandchildren will enjoy them. Or it may interest them to start collecting too.

I do sometimes wonder how many I have though. That canvas sack is very heavy.
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tampabaygrampa's Avatar
United States
408 Posts
 Posted 01/08/2013  5:24 pm  Show Profile   Bookmark this reply Add tampabaygrampa to your friends list Get a Link to this Reply
I have about 300 rolls sorted by date and mint mark.
I have no plans for them at this point.
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 01/08/2013  10:03 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
This is what my dad has saved over time. The glass container is 20 inches tall and 11 inches wide. I just wonder how many pennies are in there, or if there is an elusive 1909-S V.D.B. waiting to be discovered. . . . .

Who-Out-There-Is-Saving-Copper-Pennies
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jsbruton's Avatar
United States
271 Posts
 Posted 01/08/2013  10:32 pm  Show Profile   Bookmark this reply Add jsbruton to your friends list Get a Link to this Reply
That is A LOT of pennies.
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crazyforATB's Avatar
United States
449 Posts
 Posted 01/08/2013  10:58 pm  Show Profile   Bookmark this reply Add crazyforATB to your friends list Get a Link to this Reply
i bought my first box of pennies this week. I have 4 different categories I keep. WHEATS, COPPERS, 2009'S, and CANADIEN'S . I coin roll hunt for them occasionaly. I have probably 30 dollars worth. and will continue.
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ghostrider's Avatar
United States
1116 Posts
 Posted 01/09/2013  12:29 am  Show Profile   Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
I have searched over 90 boxes of pennies and am averaging 23% found rate, so I have lots of pennies.

I also keep track of Memorial (pre81), 1982, canadian, and wheat. I store these coins in the garage in a 55 gallon barrel. If someone comes in an can carry it out, they can have them. I figure that right now I have over 400 pounds of pennies and the barrel is not full. I calculate that when and if I fill the thing up it will weigh almost a ton. I calculated once that if I kept them in rolls and in the bank boxes I have over 20 filled boxes.

That's one load.

Would you take the time to roll or just leave them loose in the barrel and let your kids solve the problem after your gone. I figure that if I leave them in the barrel it would be called "Dad's Revenge".j
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 01/09/2013  09:47 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
LOL I like it
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