Most exspensive CTU?

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

Most exspensive CTU?

Postby RichardPenny43 » Sat Sep 15, 2012 8:22 pm

With the price of copper on the rise I was wondering if CTU's might start selling over $140 shipped again.
My real question though is, what is the most you have ever sold a CTU for? (or paid for one)
When was it? Was it here on RC, Ebay, locally?

I've never sold a CTU but I sold a small amount locally for 2x face earlier this year. :mrgreen:
I've only bought one CTU and paid $145 shipped last fall in the KSA.
User avatar
RichardPenny43
1000+ Penny Miser Member
 
Posts: 1873
Joined: Tue Jul 19, 2011 12:26 am
Location: Land of Lincoln

Re: Most exspensive CTU?

Postby thripp » Sat Sep 15, 2012 10:06 pm

I have sold some CTUs on eBay for $160 shipped recently but after fees it is $143 shipped. I did sell one for $188 shipped last week.
thripp
Penny Sorter Member
 
Posts: 54
Joined: Thu Jun 21, 2012 12:47 am

Re: Most exspensive CTU?

Postby HoardCopperByTheTon » Sun Sep 16, 2012 12:55 am

A few years ago I was selling multiple CTU's by direct sale to a previous eBay buyer at $225 each shipped. Sold a couple of tons and converted it to silver and gold for diversification. :mrgreen:
If your percentages are low.. just sort more. If your percentages are high.. just sort more
User avatar
HoardCopperByTheTon
HoardsPostsByTheTon
 
Posts: 9358
Joined: Sat Feb 17, 2007 3:00 pm
Location: CA

Re: Most exspensive CTU?

Postby mishra142 » Sun Sep 16, 2012 5:35 am

As much as I hate to sell ctu's on eBay. Hoard makes a good point establishing relationships with buyers who are willing to do future deals outside of eBay is well worth it. I linked up with a buyer who is in need of bulk pennies to search himself. Just so happens he only lives 20 minutes away. I've been supplying him with coin for over a year now and it's been a great business arrangement.
old feedback link:

viewtopic.php?f=32&t=10854
User avatar
mishra142
Penny Hoarding Member
 
Posts: 592
Joined: Mon Aug 15, 2011 8:18 am
Location: Northern Panhandle of West Virginia

Re: Most exspensive CTU?

Postby Engineer » Sun Sep 16, 2012 5:42 am

IMHO, it's not just about the price of copper rising, but also about the number of dollars chasing PMs. When Ag is $40/oz, people may see $150 CTUs as a better buy. When Ag was 26ish over the summer, everybody was spending their money on silver.
User avatar
Engineer
Super Post Hoarder
 
Posts: 3266
Joined: Thu Jan 12, 2012 5:08 am

Re: Most exspensive CTU?

Postby SilverDragon72 » Sun Sep 16, 2012 8:52 pm

HoardCopperByTheTon wrote:A few years ago I was selling multiple CTU's by direct sale to a previous eBay buyer at $225 each shipped. Sold a couple of tons and converted it to silver and gold for diversification. :mrgreen:



Wow! $225 a piece? Good for you, huh? :clap:

Still not a bad deal for those who bought though...
User avatar
SilverDragon72
1000+ Penny Miser Member
 
Posts: 1609
Joined: Mon Feb 27, 2012 6:16 pm
Location: South Central Wisconsin

Re: Most exspensive CTU?

Postby thripp » Mon Sep 17, 2012 2:14 am

SilverDragon72 wrote:
HoardCopperByTheTon wrote:A few years ago I was selling multiple CTU's by direct sale to a previous eBay buyer at $225 each shipped. Sold a couple of tons and converted it to silver and gold for diversification. :mrgreen:



Wow! $225 a piece? Good for you, huh? :clap:

Still not a bad deal for those who bought though...


It's a horrible deal when you can get them far cheaper anywhere else and the pennies themselves are worth less in scrap value even now...
thripp
Penny Sorter Member
 
Posts: 54
Joined: Thu Jun 21, 2012 12:47 am

Re: Most exspensive CTU?

Postby jldco » Mon Sep 17, 2012 4:44 pm

Engineer wrote:IMHO, it's not just about the price of copper rising, but also about the number of dollars chasing PMs. When Ag is $40/oz, people may see $150 CTUs as a better buy. When Ag was 26ish over the summer, everybody was spending their money on silver.



I agree :thumbup:

I have eBayed a few for over 2x including shipping but its been quite a while...
jldco
Penny Pincher Member
 
Posts: 219
Joined: Mon Sep 03, 2007 10:00 am
Location: Springdale, Arkansas

Re: Most exspensive CTU?

Postby SilverDragon72 » Mon Sep 17, 2012 6:04 pm

thripp wrote:
SilverDragon72 wrote:
HoardCopperByTheTon wrote:A few years ago I was selling multiple CTU's by direct sale to a previous eBay buyer at $225 each shipped. Sold a couple of tons and converted it to silver and gold for diversification. :mrgreen:



Wow! $225 a piece? Good for you, huh? :clap:

Still not a bad deal for those who bought though...


It's a horrible deal when you can get them far cheaper anywhere else and the pennies themselves are worth less in scrap value even now...



That's true!
User avatar
SilverDragon72
1000+ Penny Miser Member
 
Posts: 1609
Joined: Mon Feb 27, 2012 6:16 pm
Location: South Central Wisconsin

Re: Most exspensive CTU?

Postby everything » Mon Sep 17, 2012 9:49 pm

I just offered a guy $1200 for $1000 face.
everything
Penny Hoarding Member
 
Posts: 817
Joined: Wed Oct 12, 2011 11:43 pm
Location: Central Wisconsin


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 105 guests