Biggest dump so far today

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

Biggest dump so far today

Postby scyther » Sat Oct 06, 2012 2:10 am

For the last 6 weeks or so I've been too lazy to go to the dump bank, or something else came up, or whatever, so today I finally went. I was dumping 8 bags worth (a little less than it sounds like since two awesome bags had like 70% copper). It took like 25 minutes (BY FAR the longest it's ever taken) and I ended up with $237.51 in (mostly) paper. Previous largest dump was about $178.

Just thought I'd share that...
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
User avatar
scyther
1000+ Penny Miser Member
 
Posts: 1391
Joined: Tue Mar 27, 2012 4:19 pm

Re: Biggest dump so far today

Postby Cytic » Sat Oct 06, 2012 2:14 am

Cool. I dumped about $165 of nickels and pennies today. Luckily my bank never has lines at the machine. :thumbup:
Cytic
 
Posts: 30
Joined: Sat Sep 22, 2012 8:50 am

Re: Biggest dump so far today

Postby Engineer » Sat Oct 06, 2012 4:44 am

I broke in a new dump bank with a 30,000 coin dump this week. :D

In my (limited) experience, it seems to work best to shock and awe them with one big dump and then cut back to half that amount in the future.
User avatar
Engineer
Super Post Hoarder
 
Posts: 3266
Joined: Thu Jan 12, 2012 5:08 am

Re: Biggest dump so far today

Postby scyther » Sat Oct 06, 2012 5:52 am

Engineer wrote:I broke in a new dump bank with a 30,000 coin dump this week. :D

In my (limited) experience, it seems to work best to shock and awe them with one big dump and then cut back to half that amount in the future.

Makes sense... I'll try to give them my ~$75 a week on time from now on...
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
User avatar
scyther
1000+ Penny Miser Member
 
Posts: 1391
Joined: Tue Mar 27, 2012 4:19 pm

Re: Biggest dump so far today

Postby slickeast » Sat Oct 06, 2012 5:59 am

Biggest penny dump in one day at one bank is $750.00. That was before they limited it to $300 a day. Largest penny dump at multiple banks in one day was $890. That was at three branches with the $300 a day limit per branch. I had already asked if I could dump at multiple branches. If I exceeded the $300 limit I would be charged 8% service fee on the whole amount.
You don't have to be the BEST you just have to be....... SLICK
User avatar
slickeast
Too Busy Posting to Hoard Anything Else
 
Posts: 6042
Joined: Thu Jan 08, 2009 3:00 pm
Location: South Carolina

Re: Biggest dump so far today

Postby spacemanX » Sat Oct 06, 2012 7:40 pm

did my dump today. total 111 dollars.
still getting used to the looks.
spacemanX
Penny Hoarding Member
 
Posts: 611
Joined: Mon Oct 01, 2012 8:36 pm
Location: florida

Re: Biggest dump so far today

Postby Kurr » Sat Oct 06, 2012 7:44 pm

I used to dump 600.00 a week between 2 banks across the street from each other, till one started a "dump fee" for loose coin.

Did a 1500.00 dump at one branch spread out over a week, that stunt got me banned from that branch, lol. I think the Brinks man gave em heck on pickup day!
KJV Bible w/ Strong's Concordance: http://www.blueletterbible.org/
The Two Republics: http://www.whitehorsemedia.com/docs/THE ... UBLICS.pdf
Good reading: Frederic Bastiat "The Law" http://bastiat.org/en/the_law.html

A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
User avatar
Kurr
Too Busy Posting to Hoard Anything Else
 
Posts: 4067
Joined: Thu May 15, 2008 10:00 am

Re: Biggest dump so far today

Postby everything » Sat Oct 06, 2012 8:57 pm

My big dumps are when I go through two boxes of halves and they all go right back where they came from.
everything
Penny Hoarding Member
 
Posts: 817
Joined: Wed Oct 12, 2011 11:43 pm
Location: Central Wisconsin

Re: Biggest dump so far today

Postby SilverDragon72 » Sun Oct 07, 2012 12:31 am

I just dumped about $900 worth of nickels during the last 2 days! Poor teller...had to change bags 3 times :?
User avatar
SilverDragon72
1000+ Penny Miser Member
 
Posts: 1609
Joined: Mon Feb 27, 2012 6:16 pm
Location: South Central Wisconsin

Re: Biggest dump so far today

Postby HoardCopperByTheTon » Sun Oct 07, 2012 1:23 am

Early in the game I got banned for dumping $3,000 in pennies in one week at a single branch. :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: Biggest dump so far today

Postby scyther » Sun Oct 07, 2012 1:24 am

I forgot, they asked for my account number at the end. I didn't know it, so I just told them my name so they could look it up later. Hopefully this doesn't mean I'm banned...
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
User avatar
scyther
1000+ Penny Miser Member
 
Posts: 1391
Joined: Tue Mar 27, 2012 4:19 pm

Re: Biggest dump so far today

Postby Engineer » Sun Oct 07, 2012 2:28 am

HoardCopperByTheTon wrote:Early in the game I got banned for dumping $3,000 in pennies in one week at a single branch. :mrgreen:


:lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap: :lol: :clap:
User avatar
Engineer
Super Post Hoarder
 
Posts: 3266
Joined: Thu Jan 12, 2012 5:08 am

Re: Biggest dump so far today

Postby slickeast » Sun Oct 07, 2012 6:29 am

HoardCopperByTheTon wrote:Early in the game I got banned for dumping $3,000 in pennies in one week at a single branch. :mrgreen:


Oops
You don't have to be the BEST you just have to be....... SLICK
User avatar
slickeast
Too Busy Posting to Hoard Anything Else
 
Posts: 6042
Joined: Thu Jan 08, 2009 3:00 pm
Location: South Carolina

Re: Biggest dump so far today

Postby thripp » Sun Oct 07, 2012 6:31 am

I've done $800 in zinc pennies at one branch. Their coin counter resets at 2^16 (65,536) pennies so I have to be careful to split it in two receipts. Pretty shocking when the amount goes from $655.36 to $0.00.
thripp
Penny Sorter Member
 
Posts: 54
Joined: Thu Jun 21, 2012 12:47 am

Re: Biggest dump so far today

Postby HoardCopperByTheTon » Sun Oct 07, 2012 10:52 am

slickeast wrote:
HoardCopperByTheTon wrote:Early in the game I got banned for dumping $3,000 in pennies in one week at a single branch. :mrgreen:


Oops

The funny thing is this was back when there were no rules.. so not only did I lose my only dump bank at the time.. who took them loose in $50 bags that they provided.. but I lost one of my $600 weekly pickup banks. This double cut-off was the start of developing proper dumping stategy. :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: Biggest dump so far today

Postby thepennyfund » Sun Oct 07, 2012 4:21 pm

$206.12 in Pennies yesterday.
Please check out my site http://thepennyfund.weebly.com/ I buy and sell Pre-1982 pennies by the pound. I'm happy to negotiate realistic offers that make sense for both parties. Let's see if we can make a deal.

New Jersey Residents: $150 CTUs - (Cash Only) We can meet daytime in a public place. PM me to set up an appointment.
thepennyfund
 
Posts: 29
Joined: Sat Oct 06, 2012 7:29 pm
Location: New Jersey


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 106 guests