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Sweet Ebay Deal On Boxes Of Pennies

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Valued Member

United States
120 Posts
 Posted 03/22/2012  10:14 pm Show Profile   Bookmark this topic Add markn984 to your friends list Get a Link to this Message Number of Subscribers
Sometimes I wish I could contact bidders and educate them...

http://www.ebay.com/itm/17080308819...t_682wt_1165
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 03/22/2012  10:36 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
I don't get how anyone could be naive enough to spend $67 shipped for a $25 box of pennies.
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ArrowsAndRays's Avatar
United States
1658 Posts
 Posted 03/22/2012  11:01 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
And "factory sealed" to boot!
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ancientcoinguy's Avatar
United States
842 Posts
 Posted 03/22/2012  11:12 pm  Show Profile   Bookmark this reply Add ancientcoinguy to your friends list Get a Link to this Reply
When I read this I thought it might have been a link to one of my penny auctions!

I have two boxes of 1959-1982 up as bullion. However, I actually try and give people a deal and not rob them as this seller has done. All of my copper boxes of cents are significantly under melt. Seems like people buy those types of listings even at the current melt price. If they buy regular bank boxes for $70+...never mind. It makes my brain cry. Crazy, crazy people out there.

Valued Member
United States
120 Posts
 Posted 03/22/2012  11:20 pm  Show Profile   Bookmark this reply Add markn984 to your friends list Get a Link to this Reply

Quote:
When I read this I thought it might have been a link to one of my penny auctions!


I don't think there's anything wrong with selling coppers. Do I think buying copper pennies is a good investment strategy? No. Will I sell copper pennies to someone a a premium? Yes.

If nothing else, it significantly reduces the amount of pennies I have to dump.

But so much money for a bank box? Even if your bank charges a fee for a box, it is still way cheaper.
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murrellington's Avatar
United States
3276 Posts
 Posted 03/23/2012  01:48 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
As crazy as it seems, some people may not know that you can get boxes at the bank. I never knew until I started collecting and read the forums here. Or it may be somebody in a small town, where they have just cleaned out their banks for cents, and want coins from other parts of the country.

Or it could be a rich person who doesn't care about money and just wants to save time from not having to drive to the bank. The possibilities are endless. I don't think it is wrong to sell these boxes though. I would... but i'd rather search my boxes.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 03/23/2012  09:03 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply

Quote:
I actually try and give people a deal and not rob them as this seller has done.


The seller didn't rob anyone. It was an auction format, and there were 14 bids. That's what is shocking to me that people got in a bidding war over a common $25 box of pennies.
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52Raymo's Avatar
United States
8516 Posts
 Posted 03/23/2012  11:24 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I posted about the same thing a cpl weeks ago. Somebody won a listing for a sealed box of pennies for $152.00.....unreal. Oh yeah, have to add in the 15 dollar shipping fee.

280839308020
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Edited by 52Raymo
03/23/2012 11:31 am
Valued Member
United States
429 Posts
 Posted 03/25/2012  02:51 am  Show Profile   Bookmark this reply Add penny pincher to your friends list Get a Link to this Reply
The thing that some of you are forgetting is that not everyone can go to a local bank or credit union and get a box of coins. I have lived in a few areas that the local banks either did not sell or have enough rolls to get a box. To someone out there, it truly is worth the price of buying it and also, how many people are misreading the information and think it is going to be completely old coins and not just common.
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M0nks's Avatar
United States
1770 Posts
 Posted 03/28/2012  8:45 pm  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
wow amazing maybe the person who (won - can I really use that word in this instance ) the auction lives in a town where the local stores are miles away I used to know this girl her nearest supermarket was 90 mins away! ok wait for it wait for it - otherwise this doesn't make any "cents" and yes I had to go there
Valued Member
United States
120 Posts
 Posted 03/28/2012  11:14 pm  Show Profile   Bookmark this reply Add markn984 to your friends list Get a Link to this Reply

Quote:
I have lived in a few areas that the local banks either did not sell or have enough rolls to get a box.


If you ever move back to such a place, let me know. I'd be glad to sell you $25 boxes of pennies for $150 each. I'll even ship for free.
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 03/29/2012  02:39 am  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
You have got to be kidding me...

That's it! The world has gone mad.

I just sincerely hope it's someone from Europe or somewhere else where US pennies are scarce. At least that would make *some* sense...
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akane17's Avatar
United States
404 Posts
 Posted 03/29/2012  09:56 am  Show Profile   Bookmark this reply Add akane17 to your friends list Get a Link to this Reply
Maybe they want to roll hunt but can't physically get to a bank?

When I had surgery on my knee and wasn't able to move around much I would have gladly over paid for some services.
Sometimes convenience trumps costs. They may know they are overpaying and probably aren't looking to turn a profit as much as use the box as entertainment.
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