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Box Of Pennies, Is This What We Have To Do Now?

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Author Previous TopicReplies: 14 / Views: 1,482Next Topic  
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Alexer's Avatar
Canada
2632 Posts
 Posted 07/16/2013  1:57 pm Show Profile   Bookmark this topic Add Alexer to your friends list Get a Link to this Message Number of Subscribers
Hi all - Just wondering if anyone has tried a box of these pennies? I took the plunge and I ordered a box due to I just cant get any anywhere. $52 for $25 worth of coins. Either way I'll get many hours of pleasure, might find something and can always take the rest back to the bank later. If anyone tried a box of these Id love to hear how it went. Thanks
http://www.ebay.com/itm/1-BANKERS-b...em460408214d
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qbvbsite's Avatar
Canada
849 Posts
 Posted 07/16/2013  2:55 pm  Show Profile   Bookmark this reply Add qbvbsite to your friends list Get a Link to this Reply
He is making a good return on that lol.... I still got 6-7 boxes at home that I searched through for anything pre 1953 and 2006 no logo no P... not sure what to do with them
Edited by qbvbsite
07/16/2013 2:55 pm
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Coin Chick's Avatar
Canada
1354 Posts
 Posted 07/16/2013  3:14 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
His boxes appear legit. The only problem is the shipping. He isn't overcharging, its our postal system. My experiences with those types of boxes is average 10-15 pre 1959. You can at least return the rest to a bank for cash back. Combined shipping would be your best bet but still pricy. I don't know where you live but maybe you can try driving to the nearest rural area and check with small town banks. Or call them first and talk to the teller in charge of coin handling.

What do you specifically pull from the boxes?
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Coin Chick's Avatar
Canada
1354 Posts
 Posted 07/16/2013  3:17 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
Ha ha. I just saw your location. Strike up a pick up deal with him. You won't pay shipping and maybe you can get a bulk order deal.
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Alexer's Avatar
Canada
2632 Posts
 Posted 07/16/2013  5:12 pm  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
Well Iam glad Iam not the only one to try them out..lol. If I like the mix then maybe Ill drive to north van for a couple boxes otherwise it cost more in gas both ways not to mention the time..so much construction on the roads it takes forever..Thanks
Valued Member
Ningcumpoop's Avatar
Canada
220 Posts
 Posted 07/16/2013  6:34 pm  Show Profile   Bookmark this reply Add Ningcumpoop to your friends list Get a Link to this Reply
They've got 55 boxes left. What would shipping be on 55 boxes? How many 10 cent stamps would ship a box weighing 1000 LBS?...hmmmmm..might be worth the drive.
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o-train's Avatar
Canada
519 Posts
 Posted 07/16/2013  6:36 pm  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
When the bank runs dry I think I will be done with pennies. If you were local I would give you a better deal than that but it seems crazy to ship them across the country. I didn't know the demand for pennies was this high. I may set a few unsearched boxes aside if people are already paying 3x face value (including shipping) on ebay.
Edited by o-train
07/16/2013 7:14 pm
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eddio's Avatar
Canada
1330 Posts
 Posted 07/16/2013  9:31 pm  Show Profile   Bookmark this reply Add eddio to your friends list Get a Link to this Reply
i got boxes from 2011,2010,2009.from the bank ,,flea markets in my area are selling 2011 roll of 50 for 20dollars,,,2012 roll for 5 dollars........i miss my pennies I should have bought a skid full bu my wife would have left me..........
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ksmcents's Avatar
United States
306 Posts
 Posted 07/16/2013  11:48 pm  Show Profile   Bookmark this reply Add ksmcents to your friends list Get a Link to this Reply
My local coin dealer offered me a 6500+ circulated canadian bag of pennies for $150.00 today. I told him no for now. only 38's to 97's, mostly 60's, 70's and 80's I bet. He got them for 2x face.

Currently I'm still finding on the average 1 per roll or 25 per box, with 1 in 50 rolls being a George V. I'm sure it will dry up here soon. Which will be a bummer. I do love the Canadian cent!
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Normic67's Avatar
798 Posts
 Posted 07/17/2013  12:26 am  Show Profile   Bookmark this reply Add Normic67 to your friends list Get a Link to this Reply
I live 18 miles from this seller and will probably go there soon for like 10 boxes. all the banks now arnt allowed to give you pennies and they just get shipped to be melted.
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Alexer's Avatar
Canada
2632 Posts
 Posted 07/18/2013  10:57 am  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
Ningcumpoop..I could get them all delivered for a 2 four of beer and 20 for gas.
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Ningcumpoop's Avatar
Canada
220 Posts
 Posted 07/19/2013  12:13 am  Show Profile   Bookmark this reply Add Ningcumpoop to your friends list Get a Link to this Reply
Good deal, then you will need another 2 four of beer to go through them. All sorts of errors will show up during the search.
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SPP-Ottawa's Avatar
Canada
10456 Posts
 Posted 07/19/2013  11:09 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
This dealer is selling them for the bullion value of the copper - I doubt they have been searched for varieties... I suspect in the future, this is where most 1-cent hoards will come from.

http://www.hubcitycoins.com/forum/i...p?topic=23.0
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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Alexer's Avatar
Canada
2632 Posts
 Posted 07/19/2013  12:29 pm  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
The thought of keeping a few of these boxes for a year or three or four and it would probably be worth it in the long run (unsearched) could bring in a good premium later. I even seen someone parting out the rolls at a $1.50 each not too long ago. Its having the available space to store them, for me anyway. It would be hard to resist searching them too. Retired now lots of time on my hands and that's the reason I started looking at coins several months ago...Thanks for all your comments
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o-train's Avatar
Canada
519 Posts
 Posted 07/19/2013  2:28 pm  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
I have 125lbs that I've separated so far but haven't searched for varieties yet. 1965-1996 minus 1967. Still not sure what I want to do with them yet. Some of the boxes I've gotten in heavy plastic bank bags that the customer fills to a certain line instead of rolling the coins. I find those are the best for storage because the plastic is really strong, they hold a lot and have handles for easier carrying. Each bag holds over 30lbs of pennies.
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