Going on Saturday to pickup 80 lbs. of Canadian copper!!

[frugi]

I am buying a mint sewn bag of 5000 uncirculated 1964 Canadian One Cent coins and also 43 lbs of Canadian Cents dated 1953 to 1970 in various conditions. I’m getting it all for $1.58/lb. Also he mentioned he has a coffee can with over 1000 antique transportation tokens in it, he wants $200.00 for it, I’m going to get it too.

[willy13]

Wow, unless I did my math wrong, thats a killer deal. Looks to be only 13% over face value. Are there no one interested in the discontinued canandian cent? Plus that year, 1964, has a "extra spine" variety. Though I know little about those.

[frugi]

There is a lot of interest. I get these deals several times a year from the same guy. He is a massive sorter of world coins. He sorts and resells everything on eBay. He is local to me and doesn’t mess with cheap stuff. Formerly, he was selling me 100lbs a month of Canadian cents going back to 1920, but now he culls out everything up to Young George cents. I have been buying from him for going on nearly twenty years now. I’m up to a couple tons. I was getting Canadian nickels too, but now I don’t get those so much as interest has waned on those when Ni metal value dropped. I’m still stacking!

[frugi]

Wow, unless I did my math wrong, thats a killer deal. Looks to be only 13% over face value.

I think with Canadian cents the face value/pound is a bit higher than US cents as some of the Canadian cents are slimmer. As far as I can tell I think he pays 50% of face value for Canadian coinage and then sells to me at 100% of face. It’s great buying from him because I don’t have to do any sorting myself, just stacking. None of the bags I buy from him ever have anything newer than the 1980’s, so nothing under .980 pure Cu copper metal.

[willy13]

You certainly have a great source! Congrats! Not to sure how he gets cents below face value?

[Recyclersteve]

That is definitely a GREAT contact to have!

[frugi]

It ended up being everything I said. There was about 1200+ transit tokens and I got them for $125.00. I was hoping it was going to be a collection from all over the country but it turns out it’s all only St. Louis., 7 different varieties, with the least amount of one variety being like 100 pieces, some of the varieties I have several hundred and one variety I got 800 of, but all from between 1917-1920. He also had 7.5 lbs of foreign obsolete large copper coins I got for $40.00, they are mostly circa 1900-1960. And he had $10.00 in face Canadian nickels(I paid face), I also got a few pounds of random tokens made of aluminum to plastic to wood for either free or less than a dollar a pound.

[frugi]

A few months back I bought 100 pounds of tokens from him for 200.00. It was less than scrap.