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How low would you go?
Posted:
Sun Mar 18, 2012 2:37 pm
by Copper Catcher
What if the door bell rang and you had a cash buyer for all the 95% copper pennies you have collected....How low would you go?
.0125 per penny?
.0150 per penny?
.02 per penny?
What say you?
Re: How low would you go?
Posted:
Sun Mar 18, 2012 2:43 pm
by stonewallrabbitry
I wouldn't sell for less than .035 but I only have a few hundred pounds
Re: How low would you go?
Posted:
Sun Mar 18, 2012 3:10 pm
by dakota1955
I would go .015 but they would have to carry them out of the basement. over a ton on hand
Re: How low would you go?
Posted:
Sun Mar 18, 2012 3:29 pm
by Corsair
I made a New Year's Resolution that I wouldn't sell below 2x. So I'd probably let them go for 1.75x.
Re: How low would you go?
Posted:
Sun Mar 18, 2012 4:45 pm
by Z00
Ya, below 2x YOU have to carry them out.
Re: How low would you go?
Posted:
Sun Mar 18, 2012 4:54 pm
by Penny Pyramid
I would sell for abour 1.8 right now, but only a quantity that I can replace. With the proceeds I would buy silver for my stack. I read one comment that made alot of sense to me: 5-10 cents on 5-10 years. I'm going to wait for a few years and find out!
Re: How low would you go?
Posted:
Sun Mar 18, 2012 6:02 pm
by JadeDragon
Not for less than 76% of melt. My collection is mostly Canadians.
Re: How low would you go?
Posted:
Sun Mar 18, 2012 8:14 pm
by marine70
I would sell at 1.5 if someone would pickup locally I have approximately $4000 worth. All the time and effort hand sorting I believe warrants a half a cent a piece.
Re: How low would you go?
Posted:
Sun Mar 18, 2012 8:15 pm
by maoguinn
No lower than 5 cents each. I am holding on for the long term.
Re: How low would you go?
Posted:
Sun Mar 18, 2012 8:26 pm
by hammerrob
I've always figured I'm in it for a long-term minimum of 3x face ... but in this situation where I don't have to deal with the general public via Craigslist or Ebay or deal with shipping, I'd let 'em go for 2x.
Re: How low would you go?
Posted:
Mon Mar 19, 2012 6:56 am
by cacahg
I sold some off at 1.25 mistake but wanted to move a few boxes been selling a few boxes at 1.667 locally on craig. I stack 3/4 of what I sort, 3.00 would have me selling all I can sort, but then I'd just end up stacking more.
Re: How low would you go?
Posted:
Mon Mar 19, 2012 8:38 am
by NHsorter
I would introduce the stranger to the business end of my Sig and demand to know who told them that I have coins.
Just kidding
Right now I would take 1.5X as long as there was no shipping or delivery involved for me. The percentages are still strong in my area so they could be replaced.
Re: How low would you go?
Posted:
Mon Mar 19, 2012 1:02 pm
by CanadianCopper
I think I would part with them for 3X face. But I don't have that many, and like others are saying, I could restack at a pretty decent rate.
Re: How low would you go?
Posted:
Mon Mar 19, 2012 1:39 pm
by reddirtcoins
I'm sorting by year so I wouldn't go under 2x, if at all. If I did sell any of my 59-81 I might go 1.5x but I'm not sure. I only ever sold for supplies or for a trade up.
Re: How low would you go?
Posted:
Tue Mar 20, 2012 3:18 pm
by pennypanner
I'd have to get at least 3X. I get 2X every time I sell.