Several years ago I sold off the bulk of my copper pennies.
Bittersweet moment. I recently discovered a few boxes of unopened/unsorted boxes. (Thinking they are from 2008 time period).
I had a "connection" back then (and a backer) so I bought with both hands.
My vision doesn't allow me to sort like I did then.
Shipping today doesn't make sense because of costs.
Craigslist isn't an option (too many scammers and other nefarious individuals.
Coin shop will take them at face if I buy their overpriced 90%.
Back to the bank?
Thoughts.
Moving pennies
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Moving pennies
by wheeler_dealer » Fri Sep 16, 2022 6:12 pm
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Re: Moving pennies
by Cu Penny Hoarder » Fri Sep 16, 2022 6:27 pm
I have many boxes (mainly skunks) that I've never opened from 2010, 11, 12, 13, 14, 15, 16, etc.
I'm just going to keep them in the boxes unopened. 30-40 years from now they may be worth a fortune.
I'm just going to keep them in the boxes unopened. 30-40 years from now they may be worth a fortune.
Time is precious, stop wasting it.
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Re: Moving pennies
by wheeler_dealer » Fri Sep 16, 2022 7:02 pm
I have a few I won't part with YET.
Back in 2009, Chuck ( Hoard) educated me about those boxes of crappy zincoln "presidency" Lincolns I kept getting. I even traded a few boxes/rolls on here with when the group was growing exponentially.
Through the education and trading I managed to acquire a complete set of BU bank boxes, the four part series of the 2009 pennies
Both P and D.
KEEPERS- Last set I saw went for over $1000.00
Back in 2009, Chuck ( Hoard) educated me about those boxes of crappy zincoln "presidency" Lincolns I kept getting. I even traded a few boxes/rolls on here with when the group was growing exponentially.
Through the education and trading I managed to acquire a complete set of BU bank boxes, the four part series of the 2009 pennies
Both P and D.
KEEPERS- Last set I saw went for over $1000.00
Last edited by wheeler_dealer on Tue Sep 27, 2022 9:01 pm, edited 1 time in total.
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Re: Moving pennies
by Recyclersteve » Sat Sep 17, 2022 12:31 am
If you have a coin club in your area, I’d consider taking the boxes to a meeting and seeing what you can get for the coins.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: Moving pennies
by wheeler_dealer » Sat Sep 17, 2022 4:07 am
I used to belong to one long ago. Everyone got paranoid about new guys and it broke up. I'm way to busy right now and while the "profit" might be nice., it is too time consuming to try to find one. I'm downsizing and liquidated the bulk of my collection long ago.
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Re: Moving pennies
by 68Camaro » Tue Sep 20, 2022 6:03 am
wheeler_dealer wrote:I have a few I won't part with YET.
Back in 2009, Chuck ( Hoard) educated me about those boxes of crappy zincoln "presidency" Lincolns I kept getting. I even traded a few boxes/rolls on here with when the group was growing exponentially.
Through the education and trading I managed to acquire a complete set of the four part series of the 2009 pennies
Both P and D.
KEEPERS- Last set I saw went for over $1000.00
Last set of *what* went for over $1000? Eight cents, four 2009 D's and four 2009 Ps - one of each type - went for $1000?
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.
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.
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Re: Moving pennies
by wheeler_dealer » Tue Sep 20, 2022 4:38 pm
Full sealed bank boxes of $25.00 each. One of each in the series both mint marks
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Re: Moving pennies
by 68Camaro » Wed Sep 21, 2022 6:02 am
So a full set of uncirculated is worth 5x face... Ok
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.
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.
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Re: Moving pennies
by wheeler_dealer » Wed Sep 21, 2022 3:57 pm
68Camaro wrote:So a full set of uncirculated is worth 5x face... Ok
It's worth what someone will pay.
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Re: Moving pennies
by DC_Penny_Guy » Tue Sep 27, 2022 10:48 am
68Camaro wrote:So a full set of uncirculated is worth 5x face... Ok
I'm also a bit dubious... But according to PCGS sales comps, MS-67 graded examples of the various 2009 cents sell at $500+, and MS-68 at $2,000+. So I guess I could see someone dropping $800 (plus grading fees), betting that they could find enough gems to turn a profit.
Still, finding that buyer is probably a needle in a haystack.
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