| Author |
 Replies: 19 / Views: 3,763 |
|
Pillar of the Community
Canada
1747 Posts |
Hunting in Canada, especially for pennies is hard (because of the ARP), over the past 2 years I have developed a network of branches from 4 different Bank companies across the metro Vancouver area. I spend my entire weekend either on my routes picking up coin, or at home hunting to roll up the tailings, and dump to repeat on Sunday.
I have just been called by another branch saying they were told by one of my pick up banks that I like pennies and they have a significant amount (probably north of $200).
The problem is this branch is about 1 hour away (each way) on the freeway.
I am already sitting on almost $500 of pennies I have yet to search, and I am getting about 2 boxes a week.
Am I nuts? I will be going out there to pick these up.
|
|
|
|
Pillar of the Community
United States
3486 Posts |
If the time taken to drive and the cost of the gasoline does not restrain you then go for it.
Often the members say do/collect what is fun.
If this routine is no longer fun, and you continue to do it, then 'crazy' may be an apt description.
What if you, instead of dumping all of your searched rolls, made up a number of rolls of 50 cents to be given to young numismatics. Then your 'craziness' becomes a quest to pass on the hobby to a new generation. A noble task.
Soon the kids will no longer find cents in circulation.
And you make them happy!
Back in the 1960s when penny collecting was rampant my dad would give each new collector a 1909 cent just to get them started. It still is a good idea.
Any King George cent would be a treasure to a kid.
Edited by matthewvincent
03/17/2015 1:07 pm
|
|
Valued Member
United States
157 Posts |
|
|
Valued Member
United States
157 Posts |
I'm joking of course. It's a healthy hobby, as long as you are paying your bills, not neglecting your family, not selling your flat screen for your next "fix"... you're paying money to get money. I don't see any problem in it. Yesterday I bought 10 rolls of pennies, for the heck of it and found to wheat's. Now, I'm keeping those pennies because I'm going to do a design with them, but heck, 1000 pennies to make a custom box for my niece and nephew that I can give them when their father takes the stick out of his butt and allows them to be a part of the family... You only live once, live it! I don't think I've ever heard people like Travis Pastrana and Danny Way ask for other people's approval, they do it because they love it... where there's risk, there's reward.
|
|
Pillar of the Community
613 Posts |
Just do what you like,sounds like a adventurer. Are you having fun or burned out?
|
|
Pillar of the Community
 Canada
1747 Posts |
the issue for me is that I HAVE to go hard now, I cannot take a month or 2 off, the pennies are being taken out of circulation. I am one of the few people still able to get these in Canada.
|
|
Pillar of the Community
613 Posts |
Why can you not take time off?
Why are you one of the few left to get Cents in Canada,I am missing something?
|
|
Pillar of the Community
Canada
1747 Posts |
The penny has been discontinued since 2012, and the banks are supposed to send them back to be destroyed. This is in Canada not the USA.
|
|
Pillar of the Community
613 Posts |
Ok I heard of this going on in Canada so now to get the info first hand from a searcher I get it.
Well,in the name of Searchers you have to,no you do not have to.
Hahaha
First be safe driving around,ok. We all need you fingers in one piece. I am really not sure what you should do.
Sucks and this is a lesson the US Searcher can look at from what you are doing and thinking about when Cents or a type of Cent is going away/taken away.
I would say this first take care of your needs and wants. Be Safe Driving.
Edited by Silverworld11
03/17/2015 2:17 pm
|
|
Pillar of the Community
Canada
1018 Posts |
I know what you are talkin about Ace , I am still getting pennies anywhere from 30 to 100 rolls a week. I thought two years ago that the banks would stop letting them go out to customers, that was maybe 3000 rolls ago. Just when I think its petering out they call me with a load to pick up. I know that there were billions of pennies out there. I am running out of places to put them.
Hey you, wanna buy some pennies?
|
|
Pillar of the Community
United States
1192 Posts |
Take my advice with a grain of salt as I am one who likes to collect copper US pennies.
I would say go for it if you enjoy the hobby. In 3-5 years you likely won't be able to get them at all so might as well get them while you can! Just make sure u are still doing other things with life.. enjoying family, going to work, etc :)
|
|
Pillar of the Community
798 Posts |
Your thread is inspiring me to start trying banks for pennies again. Why are there penny rolls out there and yet they have machines in banks that you just dump them in  Do people actually give banks "rolls" of pennies still I guess tellers personality's range from city to city, for some reason surrey seems to be the worst for pennies and bank tellers and when I go to the bank and I ask for pennies I'mgoing to tell them about how theres people on CCF doing this them selves and WILL get answers... or arrested.   |
|
Pillar of the Community
Canada
1018 Posts |
Some of those machines charge 8-10% if you don't carry an account. Some people I think still roll up the pennies out of their jars and take them into the bank. I went to two banks today, RBC had none, bank of Nova Scotia had 23 rolls I bought. They are still out there just have to ask.
I used to go to one TD bank in Surrey and they always had 100+ rolls once a month and they said they were waiting for me to return to get them.
The rolls today were nothing special about 30 K. George/Younghead, lots of US 60s, 9 wheats.
|
|
Pillar of the Community
798 Posts |
Do I need to have an account at those other banks to get them? At TD they didn't charge me anything when I took my coins to the machine, probably because I have an account there.
|
|
Pillar of the Community
Canada
1018 Posts |
My experience is I don't need an account to buy pennies as a cash transaction. Once the tellers were willing to give them to me an account was never mentioned and I paid cash. RBC doesn't ask for my account at the business counter, Nova Scotia has never asked for an account. The first time I dumped into a TD coin machine it cost me 8% because I didn't have an account. Signed up for a simple savings account and no more 8% when I dump now.
Edited by denny7000
03/17/2015 9:58 pm
|
|
Pillar of the Community
798 Posts |
Interesting. Thanks for the info. I will tell you if I get anything... ever.
|
| |
Replies: 19 / Views: 3,763 |
Posted 03/17/2015 1:15 pm
