Odd Bag Pick-up Numbers this Week???

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

Odd Bag Pick-up Numbers this Week???

Postby TheJonasCollegeFund » Fri Mar 02, 2012 9:32 am

It took a LONG time to find a bank that will sell me their coins from their coin machine. I'm lucky for 1 bag a week. This is the average for over two years. My new source bank, which I found 2 months ago, is getting me 2 bags a week. Never any more.

So, I've been getting 3 bags a week between the 2 sources. This week something happened. My new bank had 8 bags and the old one had 3 bags.

11 bags to work on!

I wonder what caused the big spike in piggy banks being dumped???
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Odd Bag Pick-up Numbers this Week???

Postby reddirtcoins » Fri Mar 02, 2012 9:34 am

Schools... The have penny fund raisers (penny wars)... They are collecting in my area now. I love hitting those banks after they dump.

BTW: remind the bank how much money in transport costs you just saved them... :mrgreen:
"Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold."- Leo Tolstoy
User avatar
reddirtcoins
1000+ Penny Miser Member
 
Posts: 1478
Joined: Tue May 17, 2011 7:19 pm
Location: Oklahoma

Re: Odd Bag Pick-up Numbers this Week???

Postby TheJonasCollegeFund » Fri Mar 02, 2012 9:49 am

reddirtcoins wrote:Schools... The have penny fund raisers (penny wars)... They are collecting in my area now. I love hitting those banks after they dump.

BTW: remind the bank how much money in transport costs you just saved them... :mrgreen:

I asked them where all the pennies were coming from......I was told EVERYONE coming in had change.....I asked about any fundraisers....nothing yet.
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Odd Bag Pick-up Numbers this Week???

Postby dakota1955 » Fri Mar 02, 2012 11:28 am

tax season and winter cost
dakota1955
Too Busy Posting to Hoard Anything Else
 
Posts: 4523
Joined: Mon Nov 10, 2008 3:00 pm
Location: North Dakota

Re: Odd Bag Pick-up Numbers this Week???

Postby TheJonasCollegeFund » Fri Mar 02, 2012 11:33 am

Now I'm thinking it's somebody's dumps. The coppers are low so far.

We'll see later if they get better. This is one of those times I miss the Ryedale!
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Odd Bag Pick-up Numbers this Week???

Postby Dinero2005 » Fri Mar 02, 2012 12:43 pm

Funny, I had a bit of a surge in bags this week as well. One CU that typically has 1-2 per week suddenly had 5. My first thought was another hoarder dumping but so far I'm actually way above my average of 22% copper plus over $5 in dimes. No complaints here. :D
Dinero2005
Penny Sorter Member
 
Posts: 76
Joined: Wed Dec 14, 2011 10:26 am

Re: Odd Bag Pick-up Numbers this Week???

Postby TheJonasCollegeFund » Fri Mar 02, 2012 5:57 pm

These bags are LOADED with 1982's! :roll:
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Odd Bag Pick-up Numbers this Week???

Postby cesariojpn » Fri Mar 02, 2012 7:10 pm

TheJonasCollegeFund wrote:These bags are LOADED with 1982's! :roll:


People were hoarding rolls in 1982?
User avatar
cesariojpn
Penny Hoarding Member
 
Posts: 954
Joined: Sun Nov 29, 2009 3:00 pm

Re: Odd Bag Pick-up Numbers this Week???

Postby knibloe » Sat Mar 03, 2012 8:04 am

My bag source had 10 bags this week. They usually only 2-3 maybe 4.

The wife wouldn't let me get all of them. I settled for 6. The bank set them aside for me when Loomis came and picke dup the rest.
knibloe
Post Hoarder
 
Posts: 2546
Joined: Fri Mar 14, 2008 7:00 am
Location: Western, NY

Re: Odd Bag Pick-up Numbers this Week???

Postby 68Camaro » Sat Mar 03, 2012 8:11 am

There may be other specific reasons, but this is a charity drive season - my coin counter bank was the official dump site for one a couple weeks ago. They had 20-something bags one week, high teens the next.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8304
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Odd Bag Pick-up Numbers this Week???

Postby tuleja » Sat Mar 03, 2012 9:37 am

Yeah, my first thought would have been the penny wars as well. My oldest child started school this year and when we got the penny war paper in her back pack a couple weeks ago, my wife immediately handed it to me and said "This one is for you penny man", so I threw some rolls of zincs in her backpack.

If you lived in Michigan I might have said you might be running into my dumping :) I got a Ryedale from Andy this week. I used to buy the bags from the only coin counter I know of in town, but now due to my increased penny consumption from hand sorting to Ryedale I've been dumping at the coin counter instead.
tuleja
Penny Pincher Member
 
Posts: 113
Joined: Wed Jan 11, 2012 6:08 pm

Re: Odd Bag Pick-up Numbers this Week???

Postby TheJonasCollegeFund » Sat Mar 03, 2012 9:04 pm

Slowly getting through these......so far best wheat....1911D. :D
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Odd Bag Pick-up Numbers this Week???

Postby fb101 » Sat Mar 03, 2012 9:24 pm

why are you guys wasting time posting?
User avatar
fb101
Too Busy Posting to Hoard Anything Else
 
Posts: 4039
Joined: Mon May 05, 2008 3:00 pm
Location: Phila suburbs

Re: Odd Bag Pick-up Numbers this Week???

Postby TheJonasCollegeFund » Sun Mar 04, 2012 7:59 am

fb101 wrote:why are you guys wasting time posting?


Gotta take a break every once in a while! :D
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Odd Bag Pick-up Numbers this Week???

Postby knibloe » Sun Mar 04, 2012 9:12 pm

I sorted the six bags that I got. They were the most aweful coins I have ever seen. There must have been 20-30 bent coins in the one bag alone. I coudn't fill the hopper because the bent ones kept jamming the wheel.

I must have $5 in pennies that were so fat with corrosion that they jammed the machine also. I wish I had got there before Loomis. I would have looke dthem over.

Would it be in bad taste to take a scale into the vault and weigh the bags before I choose which one I want to take home? :lol:
knibloe
Post Hoarder
 
Posts: 2546
Joined: Fri Mar 14, 2008 7:00 am
Location: Western, NY

Re: Odd Bag Pick-up Numbers this Week???

Postby TheJonasCollegeFund » Mon Mar 05, 2012 10:40 am

The only thing odd so far in finds is a 2004S proof and a Kennedy counterstamp. 1-foreign panamanian cent and 10 dimes.

Still alot to go.
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Odd Bag Pick-up Numbers this Week???

Postby cesariojpn » Mon Mar 05, 2012 7:30 pm

knibloe wrote:I must have $5 in pennies that were so fat with corrosion that they jammed the machine also.


Fountain Pennies a/or pennies that have been sitting in the ground/water for a long time.
User avatar
cesariojpn
Penny Hoarding Member
 
Posts: 954
Joined: Sun Nov 29, 2009 3:00 pm

Re: Odd Bag Pick-up Numbers this Week???

Postby TheJonasCollegeFund » Tue Mar 06, 2012 8:32 am

Both banks called yesterday...one bank has the usual 1 bag while the other has 2. Looks like things are back to normal....only if I can get through the rest of these 11 bags. I'm working on bag #6. So a little past halfway...! :D

Still low on wheats...about 150 so far. The canadian coppers are pushing towards 100!
User avatar
TheJonasCollegeFund
Too Busy Posting to Hoard Anything Else
 
Posts: 7137
Joined: Fri Apr 04, 2008 3:00 pm
Location: HoosierLand, USA

Re: Odd Bag Pick-up Numbers this Week???

Postby knibloe » Tue Mar 06, 2012 11:21 pm

cesariojpn wrote:
knibloe wrote:I must have $5 in pennies that were so fat with corrosion that they jammed the machine also.


Fountain Pennies a/or pennies that have been sitting in the ground/water for a long time.


There were a fair number of "dug" pennies, so I suspect that these might have been dug as well.
knibloe
Post Hoarder
 
Posts: 2546
Joined: Fri Mar 14, 2008 7:00 am
Location: Western, NY


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 115 guests