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Copper Pennies -- How Much Is Too Much?

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LincolnGuy's Avatar
917 Posts
 Posted 01/01/2012  10:38 pm  Show Profile   Bookmark this reply Add LincolnGuy to your friends list Get a Link to this Reply
FOUND IT! Now this is just NUTS!
Well POO! It wont let me post a link....
Can I just hijack the photos? I dont want to get in trouble here... What should I do?
Edited by LincolnGuy
01/01/2012 10:40 pm
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SpringCypress's Avatar
United States
666 Posts
 Posted 01/01/2012  10:45 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
I save them till I get $50 face. Then I ebay em. I sell about two batches a year like this.
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LincolnGuy's Avatar
917 Posts
 Posted 01/01/2012  10:47 pm  Show Profile   Bookmark this reply Add LincolnGuy to your friends list Get a Link to this Reply
Well I'll just post this one... Now if your collection looks like this... Then you have a problem!
Those are all wheats!


Copper-Pennies----How-Much-Is-Too-Much?
Edited by LincolnGuy
01/01/2012 10:48 pm
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Drsandman2's Avatar
United States
1374 Posts
 Posted 01/01/2012  10:59 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
I certainly don't hoard copper. I hoard RED copper. If I can find it near face, in rolls, bags, whatever. When I search spare change, I keep the RED coppers. The coins that came out of a roll someone opened for the first time in 40 years. Must have found 20 in the last $400 of spare mixed change.
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Drsandman2's Avatar
United States
1374 Posts
 Posted 01/01/2012  11:01 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
LincolnGuy - Ummm, would take that many pennies to repair the foundation on which it sits. Hope that is not your garage. :D
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LincolnGuy's Avatar
917 Posts
 Posted 01/01/2012  11:03 pm  Show Profile   Bookmark this reply Add LincolnGuy to your friends list Get a Link to this Reply
I WISH that was my garage lol
Valued Member
Fred2425's Avatar
United States
58 Posts
 Posted 01/01/2012  11:39 pm  Show Profile   Bookmark this reply Add Fred2425 to your friends list Get a Link to this Reply
Mario - Why the Jefferson pre-58s?
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LincolnGuy's Avatar
917 Posts
 Posted 01/01/2012  11:50 pm  Show Profile   Bookmark this reply Add LincolnGuy to your friends list Get a Link to this Reply
Maybe he was talkin about 58's and pre 58's... wheat collector... like myself :)
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phil5280's Avatar
United States
146 Posts
 Posted 01/02/2012  10:09 am  Show Profile   Bookmark this reply Add phil5280 to your friends list Get a Link to this Reply
There is absolutely nothing wrong with hoarding copper cents. Where else can you receive 100% or better return on an investment? To me, this is a no brainer and very little work is involved.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 01/02/2012  2:17 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Just the wheaties I've pulled from boxes. I don't hoard the pre-82s. Too much effort in my mind and I can do other things rather than tying up the capital...
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CelticKnot's Avatar
United States
12845 Posts
 Posted 01/02/2012  3:31 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
LincolnGuy - that was a picture from an ebay auction. If I recall correctly, the guy wanted about $90k for the lot. I think there was another thread on CCF regarding it but I can't find it now.


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Coppertop's Avatar
United States
275 Posts
 Posted 01/11/2012  01:14 am  Show Profile   Bookmark this reply Add Coppertop to your friends list Get a Link to this Reply
1/4 ton of cu sorted in 6months. Not too shabby but,guys are sorting a few thousand dollars a week with Ryedales. My goal is at least A TON.

Rules are kinda iffy about linking so , but theres a good hoarding forum ...also

google video
"Extreme Penny Hoarders Hope to Cash In "
check out the Portland mint in the video. They are holding $270,000 in cu pennies.
Edited by Coppertop
01/11/2012 01:54 am
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perfessor's Avatar
United States
927 Posts
 Posted 01/11/2012  01:47 am  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
It's no big deal to separate the copper pennies from pocket change every day. It is easy if you do it every day. I have been doing it for years. I used to roll them by date and mintmark, but I don't do that any more. I just put them in a bucket, cigar box, whatever works. I can't see how any amount of copper pennies is too many. Well maybe the guy with the trash cans lined up is too many.
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asyrp43's Avatar
United States
97 Posts
 Posted 01/11/2012  09:36 am  Show Profile   Bookmark this reply Add asyrp43 to your friends list Get a Link to this Reply
yes that is an ebay auction. It's still up. The guy wants $88,000 for all of those wheats. There are 2 million wheat pennies. at 3 cents each that's still $60,000. So believe it or not he's selling that at a decent deal compared to other ebay auctions where they usually go for 5 cents each.

Here's the link. http://www.ebay.com/itm/2-millions-...em2eba317bb9
Edited by asyrp43
01/11/2012 09:37 am
Valued Member
paddy murphy's Avatar
United States
401 Posts
 Posted 01/11/2012  10:42 am  Show Profile   Bookmark this reply Add paddy murphy to your friends list Get a Link to this Reply
2 coffee cans of memorials and 30+ rolls of wheat. To a normal person or my wife I'm a hoarder, to you guys (& gals) I'm a newbie...
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