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Good Way to Move Some Pennies?

PostPosted: Mon May 13, 2013 8:02 pm
by westky
I thought I would share this because if I hadn't been there I wouldn't have believed it. I recently went to an estate auction in Western Ky and they had a large amount of collectibles which included none less than a water bottle completely filled with pennies. I thought I would educate myself on the amount of pennies within and walk away with a bargain. My biggest worry would be how to get it in the truck without breaking it. So I was prepared with several buckets and ready to go. The photo on Auction Zip looked to be a jug that was larger than 5 gallons and in a wood crate from Eureka Springs, Ar. It was filled to the cork in the top. I'm not an expert on water bottles but it appeared to be larger than my 5 gallon jugs that I use at home. I had thought it must be at least 8 gallons or more. Well upon my arrival and examination I found what actually looked to be about a 4 gallon bottle which was full of pennies. I could see pennies on the side in the 2000's way over half way down. My dreams and buckets were going to the wayside. A short time later the auction began and so did the action. I figured that there could be no more than $300 in pennies inside the jar. Well when the dust settled it had brought $550 + 6% tax for a final price of $583.00. Lessons learned - 1. Pictures can be deceiving. 2. Anything can happen at an auction. 3. Maybe consign a water bottle full of Zincs to the next auction.

Re: Good Way to Move Some Pennies?

PostPosted: Mon May 13, 2013 9:55 pm
by Sheikh_yer_Bu'Tay
westky wrote:I thought I would share this because if I hadn't been there I wouldn't have believed it. I recently went to an estate auction in Western Ky and they had a large amount of collectibles which included none less than a water bottle completely filled with pennies. I thought I would educate myself on the amount of pennies within and walk away with a bargain. My biggest worry would be how to get it in the truck without breaking it. So I was prepared with several buckets and ready to go. The photo on Auction Zip looked to be a jug that was larger than 5 gallons and in a wood crate from Eureka Springs, Ar. It was filled to the cork in the top. I'm not an expert on water bottles but it appeared to be larger than my 5 gallon jugs that I use at home. I had thought it must be at least 8 gallons or more. Well upon my arrival and examination I found what actually looked to be about a 4 gallon bottle which was full of pennies. I could see pennies on the side in the 2000's way over half way down. My dreams and buckets were going to the wayside. A short time later the auction began and so did the action. I figured that there could be no more than $300 in pennies inside the jar. Well when the dust settled it had brought $550 + 6% tax for a final price of $583.00. Lessons learned - 1. Pictures can be deceiving. 2. Anything can happen at an auction. 3. Maybe consign a water bottle full of Zincs to the next auction.

New penny dump! :)

Re: Good Way to Move Some Pennies?

PostPosted: Mon May 13, 2013 11:59 pm
by GGerrands
Auctions sure are getting popular. Maybe the way to make money at auctions is to hold them, rather than buy stuff at them. I blame Dave (of Storage Wars, not the realcenter).

Yuppppppppppppppp.

Re: Good Way to Move Some Pennies?

PostPosted: Tue May 14, 2013 6:57 pm
by cap
I have seen some stuff go crazy high at auctions while other stuff goes dirt cheap. Just depends who's there and how much they got.