Penny Quandry.. - Coin Community Forum

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Author	Replies: 7 / Views: 1,516
stampvirgin Pillar of the Community United States 1247 Posts	Posted 12/28/2014 11:44 am I have a friend who gave me about 20.00 worth of pennies. she knows I collect and just asked me for the face value.. I pulled a bunch of wheaties out of them (earliest is 1919), they are soaking in acetone at them moment.. I saw lots of older copper pennies. mostly 60's through 70's. Is it really worth my time to separate the copper from the rest? will a coin shop pay me more for rolls of copper pennies? I'd say about half are pre-1983. what do you think? Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 12/28/2014 12:25 pm I don't think a coin shop will buy them unless they are wheaties and even then you would be lucky to get 2 cents each. If you want to save up a bunch of non wheat copper cents you may get a small profit from ebaying them but personally it's not worth the hassle,IMHO. John1 Edited by John1 12/28/2014 12:37 pm Report this Post to the Staff
babysitr Pillar of the Community United States 1339 Posts	Posted 12/28/2014 1:55 pm I've been keeping coppers, Some day I'll go through them and look for varieties. Neat way to spend a little quiet time! Report this Post to the Staff
bpoc1 Rest in Peace United States 4078 Posts	Posted 12/28/2014 3:21 pm John, Don will give you 3cents. Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 12/28/2014 3:35 pm Good to know. I was thinking about selling a few rolls of wheats. But will he buy pre 83 cents? John1 Edited by John1 12/28/2014 3:35 pm Report this Post to the Staff
reupman Pillar of the Community United States 597 Posts	Posted 12/28/2014 6:10 pm people stopped buying it I just unloaded over $800 worth to different banks around here I used to sell it on ebay but now no one bids at all so just dump them Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 12/29/2014 02:04 am If copper goes back up over $4+ a pound again you might get some interest. Right now at $2.78 there is little or no interest. Report this Post to the Staff
CoinCbass Pillar of the Community United States 1217 Posts	Posted 12/29/2014 05:15 am I still have a guy buying them for 120$ per 100$ face. I sell him 200$ face at a time. I used to get 145 or 150 per 100$ face. This is selling direct to people, so no fees. I lost a shipment one time through USPS - will never ship 100$ in pennies through them again. I go through the pennies for visible (to the naked eye) errors, wheats, 2009 doubled dies, IHC, foreign, etc. I figure I might as well make an extra 20$ for the copper. But you are right, that market has dried up considerably. Report this Post to the Staff
	Replies: 7 / Views: 1,516

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