10 tons of pennies on Ebay

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

10 tons of pennies on Ebay

Postby hobo finds » Wed Jul 23, 2014 10:51 am

hobo finds
Too Busy Posting to Hoard Anything Else
 
Posts: 5916
Joined: Mon Dec 29, 2008 3:00 pm
Location: Tucson

Re: 10 tons of pennies on Ebay

Postby highroller4321 » Wed Jul 23, 2014 1:58 pm

Funny how they are using someone else's pictures....
highroller4321
Realcent Moderator
 
Posts: 7213
Joined: Sat Oct 25, 2008 10:00 am
Location: Portland,Oregon

Re: 10 tons of pennies on Ebay

Postby Catfish4u » Wed Jul 23, 2014 5:23 pm

About 1.15 x face or do I have a problem with my math?
Catfish4u
Penny Pincher Member
 
Posts: 189
Joined: Thu May 17, 2012 4:17 pm

Re: 10 tons of pennies on Ebay

Postby hobo finds » Wed Jul 23, 2014 6:12 pm

145 in a pound
290,000 in a ton
2,900,000 in 10 tons

So $29,000.00 Face Valve
hobo finds
Too Busy Posting to Hoard Anything Else
 
Posts: 5916
Joined: Mon Dec 29, 2008 3:00 pm
Location: Tucson

Re: 10 tons of pennies on Ebay

Postby Numis Pam » Wed Jul 23, 2014 7:15 pm

Wow! They have a lot of other large amount listings as well.

Anyone know if this person is a current RC member or a past member?
Too Busy Sorting and Hoarding to Post Very Often! :-)
Numis Pam
1000+ Penny Miser Member
 
Posts: 1774
Joined: Sun Jun 06, 2010 3:00 pm
Location: Boomer Sooner

Re: 10 tons of pennies on Ebay

Postby highroller4321 » Wed Jul 23, 2014 9:40 pm

1.567x face

147 copper to a pound

No they are not a current or past member. Its actually a group of 2 guys.
highroller4321
Realcent Moderator
 
Posts: 7213
Joined: Sat Oct 25, 2008 10:00 am
Location: Portland,Oregon

Re: 10 tons of pennies on Ebay

Postby Morsecode » Wed Jul 23, 2014 9:50 pm

Assuming they're not overlapping quantities available, I'm counting 45+ tons.
Let's Go Brandon
User avatar
Morsecode
Too Busy Posting to Hoard Anything Else
 
Posts: 4088
Joined: Thu Feb 10, 2011 10:04 pm
Location: Southern New England

Re: 10 tons of pennies on Ebay

Postby highroller4321 » Wed Jul 23, 2014 10:02 pm

Morsecode wrote:Assuming they're not overlapping quantities available, I'm counting 45+ tons.


Here is an email from them.... I have put X's to protect their information.


Dear XXXX,

Pennies are sorted with industrial machinery that are set to very tight settings pertaining strictly to cents of 95% copper content and involve piece counting rather than weighing. To ensure quality control, a 1 ton copper penny crate technically has an official mathematical face value of $2,941.18. We piece count each $50 bag to 5015 and provide 60 bags total which equates to a total of $3,009.00 per 1 ton crate, providing extra as an additional precaution.

Delivery time frame right now is about two months (three maximum) for 20 tons.

To give an idea of pricing, please see attached invoice. Wiring instructions are also attached for when ready to send payment.

Do you have a loading dock and forklift available to take delivery or would we need to utilize a lift gate and pallet jack service (this may increase shipping cost slightly)? Do you have a time frame in mind or simply the most efficient and cost effective manner is best?

Given the size of your purchase, feel welcome to give me a call direct (XXX)XXX-XXXX to discuss. Thanks.



Thank you,

Dan XXXXXXX
CC Enterprises LLC
(XXX) XXX-XXXX
highroller4321
Realcent Moderator
 
Posts: 7213
Joined: Sat Oct 25, 2008 10:00 am
Location: Portland,Oregon

Re: 10 tons of pennies on Ebay

Postby hobo finds » Thu Jul 24, 2014 3:05 pm

Also this...

HANDLING TIME


Note the handling time is set to 30 business days as a precaution based on the timing of your order and how much we have in stock available to ship immediately.


It takes time to sort coins so please be communicative with your timing needs to ensure the most efficient delivery possible.
hobo finds
Too Busy Posting to Hoard Anything Else
 
Posts: 5916
Joined: Mon Dec 29, 2008 3:00 pm
Location: Tucson


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 1 guest