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Where are we at in Copper penny price?

PostPosted: Sat Feb 11, 2012 12:12 am
by wagsthadog
Hi all-

It seems that most of the guys on the forum that started sorting pennies from like 2008 or earlier seem to be grandfathered in to their banks and can get cents pretty regularly, but some of the new guys on the forum, from reading the posts at least, seem to be having a hellova time getting in on the penny biz due to fees and b*tchy tellers. SO, it would seem that getting significant amounts of pennies to sort at face is becoming a greater challenge...?

That said, what are coppers going for face now? I know 1.3-1.4 x is about common, are we cracking 1.5 or 1.6 yet? I won't lie I may take some profits around 2xface...

Highroller, what are you seeing in the big time trends??

Thanks, wags

Re: Where are we at in Copper penny price?

PostPosted: Sat Feb 11, 2012 3:20 am
by everything
Copper itself is doing great. Here is a very recent story that tells little, but gives a possible hint of what is to come. When is the drought in metals equities going to end, will it all keep following the money supply?

http://www.businessweek.com/news/2012-0 ... -says.html

I thought someone had a graph going of the ebay sales.

Re: Where are we at in Copper penny price?

PostPosted: Sat Feb 11, 2012 10:42 am
by cupronickel
1.58 with shipping included

Re: Where are we at in Copper penny price?

PostPosted: Sat Feb 11, 2012 10:47 am
by misteroman
lots of people buying at 1.4 which seems fairly common now. think we're a loooong way from 2x being common. once it gets around 1.7-1.8 ur going to see ALOT coming out!!!

Re: Where are we at in Copper penny price?

PostPosted: Sat Feb 11, 2012 10:56 am
by hobo finds