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Hoarding Copper Lincolns

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Broseph's Avatar
United States
979 Posts
 Posted 07/18/2012  12:10 am  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
I came to the right place for info on this stuff, you guys have an interesting community full of knowledge and opinions! I like it! I'm glad to be hoping in.
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CelticKnot's Avatar
United States
12827 Posts
 Posted 07/18/2012  02:07 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I keep all my coppers. They really don't take up all that much room unless you are doing nothing but coin roll hunting day and night. I have a nice glass jar that I put them all in. Probably will never do anything with them but lug them around with me as I move from place to place, but they look nice in there. And it's probably less than 50 bucks at this point anyway. When I start needing a 55-gallon drum, I may have to reconsider...

Also, people have low regard for cents and often throw them away. Today I was pumping gas and there were 4 cents sitting on the top of the pump. Of course I picked them up. Two were zincolns but one was a 72 and the other a 56D -- a wheatie (a rather common wheatie, but a wheatie nonetheless).

Definitely keep your wheaties. :)
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Williamsonj320's Avatar
United States
538 Posts
 Posted 07/18/2012  02:51 am  Show Profile   Bookmark this reply Add Williamsonj320 to your friends list Get a Link to this Reply
I just picked up a 5 gallon bucket to drop my coppers in. Got the bucket for free so it's really a no risk investment lol. I'm only dropping 1959-1982 (after weighing them) cents in. I figure once I get the bucket filled I'll trade it or sell it above face. And if worse comes to worse I'll just cash them in and then make a purchase lol. Just another thing to do/collect when already going through cents.
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CelticKnot's Avatar
United States
12827 Posts
 Posted 07/20/2012  03:52 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
So what does a full 5-gallon bucket of coppers weigh? I'm sure one of you has done the math. I've had one glass of vino too many to get the grey matter to function properly at this time.

I saw an ebay auction (and there's been a thread or two here on it) of some guy that had 10+ 40-gallon brute trashcans full of wheaties. I think the going rate was $90k or something close. It was truly amazing and I have a hard time wrapping my head around how one would dispose of said hoard in a remotely timely fashion. Lots of capital tied up there on a collection that size.

My "hoard" is less than $50 currently. And my wheatie finds from rolls is less than $2. Baby steps and easy to move. 2x or 4x and I may have a different story for you.
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basebal21's Avatar
13014 Posts
 Posted 07/20/2012  04:05 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
It was truly amazing and I have a hard time wrapping my head around how one would dispose of said hoard in a remotely timely fashion.


Or how one would go about shipping such a hoard. What do you do roll up to the post office with a Uhaul?
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CelticKnot's Avatar
United States
12827 Posts
 Posted 07/20/2012  04:10 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
IIRC, shipping was part of the $90k. I'll look for the thread. I'm sure someone else remembers too that isn't awake fr some odd reason like we are.
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tmaring's Avatar
United States
88 Posts
 Posted 07/20/2012  10:37 am  Show Profile   Bookmark this reply Add tmaring to your friends list Get a Link to this Reply
I keep coppers in $50 canvas bank bags each weighing about 35 pounds and stack them as "ballast" on lower shelves to stabilize a workbench, which otherwise would want to "walk" during energetic sawing and filing operations.
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CelticKnot's Avatar
United States
12827 Posts
 Posted 07/20/2012  11:21 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Ha! That's a great idea, tmaring. I just use bags of sand for my lathe, but your idea is definitely higher-class. :)
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 07/20/2012  11:50 am  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
I've been holding onto them for years. Don't search rolls just for the copper but as somebody before mentioned, it's a no-brainer if you already are going through the rolls for Wheats, varieties, etc. I sell them off on ebay once a year and put the money toward my summer vacation. Have five $50 face lots on the 'Bay right now.
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CelticKnot's Avatar
United States
12827 Posts
 Posted 07/20/2012  11:57 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
coppernickeldaddy, what are you getting for your $50 face lots? Shipping has got to be pretty expensive on those lots too. Included in the sale price or additional?
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billymac11's Avatar
United States
613 Posts
 Posted 07/20/2012  1:21 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list Get a Link to this Reply
"zincolns". OK, hadn't heard that one before living under the rock that I do. I like it.
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papatony's Avatar
United States
808 Posts
 Posted 07/20/2012  2:10 pm  Show Profile   Bookmark this reply Add papatony to your friends list Get a Link to this Reply
I also keep all copper. Don't really have a reason other than just to see how many I can actually accumulate. It is one way to save some money, lol all be it pennies.
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basebal21's Avatar
13014 Posts
 Posted 07/20/2012  4:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
IIRC, shipping was part of the $90k.


I would have loved to have seen the total for that transaction as long as I wasnt standing in the post office line behind them
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HelzelsCoins's Avatar
United States
419 Posts
 Posted 07/20/2012  4:53 pm  Show Profile   Bookmark this reply Add HelzelsCoins to your friends list Get a Link to this Reply
I keep mine in a big box. I need to work on it, it is small right now :)

Alex
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52Raymo's Avatar
United States
8516 Posts
 Posted 07/20/2012  5:58 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Not saying I hoard but I do know that you need to find a good place to put your 5 gallon bucket before it gets too full, lol.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Edited by 52Raymo
07/20/2012 5:59 pm
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