Page 1 of 1

20 boxes, 18 new

PostPosted: Thu May 26, 2011 4:51 pm
by avidbrandy
wow. just.. wow. 18 boxes of brand new 2011 from D mint.

Sorry Ebay. So sorry.

Re: 20 boxes, 18 new

PostPosted: Thu May 26, 2011 6:38 pm
by avidbrandy
Sorry to double post. I have a question about this though?

I've gotten all my new boxes from a single bank it seems. I can't tell if that in itself is something to pay attention to or not.

I was wondering, those of you who do this a lot and use new pennies, do you find that the new boxes show up around a certain time of the year? Is there some pattern to when you will get more of them?

Re: 20 boxes, 18 new

PostPosted: Thu May 26, 2011 8:11 pm
by Crescendo
avidbrandy wrote:Sorry to double post. I have a question about this though?

I've gotten all my new boxes from a single bank it seems. I can't tell if that in itself is something to pay attention to or not.

I was wondering, those of you who do this a lot and use new pennies, do you find that the new boxes show up around a certain time of the year? Is there some pattern to when you will get more of them?


It is based on portal supply and nothing else.

Re: 20 boxes, 18 new

PostPosted: Fri May 27, 2011 12:43 pm
by avidbrandy
Alright picked up another 20 boxes. all new......This is getting rather discouraging. I'm at 38/40 boxes new this week.

Re: 20 boxes, 18 new

PostPosted: Fri May 27, 2011 8:10 pm
by fb101
I haven't had a new box in over a year, but they used to go for 1.5 on feebay, not a bad return.
I wouldn't be crying.

Re: 20 boxes, 18 new

PostPosted: Fri May 27, 2011 8:37 pm
by ed_vantage17
avidbrandy wrote:Alright picked up another 20 boxes. all new......This is getting rather discouraging. I'm at 38/40 boxes new this week.

eBay those bad boys. 1.5-2.0X and no sorting, what's not to like? I just started getting 2011 in my change in the last month. (Finally got a 2011D yesterday).

Re: 20 boxes, 18 new

PostPosted: Fri May 27, 2011 9:23 pm
by TXTim
avidbrandy wrote:Sorry to double post. I have a question about this though?

I've gotten all my new boxes from a single bank it seems. I can't tell if that in itself is something to pay attention to or not.

I was wondering, those of you who do this a lot and use new pennies, do you find that the new boxes show up around a certain time of the year? Is there some pattern to when you will get more of them?


Where are you in Texas?

Re: 20 boxes, 18 new

PostPosted: Sat May 28, 2011 11:05 am
by ed_vantage17
ed_vantage17 wrote:
avidbrandy wrote:Alright picked up another 20 boxes. all new......This is getting rather discouraging. I'm at 38/40 boxes new this week.

eBay those bad boys. 1.5-2.0X and no sorting, what's not to like? I just started getting 2011 in my change in the last month. (Finally got a 2011D yesterday).

Spoke too soon. Picked up three boxes this morning. One was all 2011D. Ebay those shiny little turds.

Re: 20 boxes, 18 new

PostPosted: Sat May 28, 2011 4:07 pm
by avidbrandy
I am ebaying them. It's not that I don't make money, it's that I picked up all 38 boxes and I was really excited because my Ryedale came the day before and now there's nothing to sort. It's a bit depressing. I do this because it's fun not because I need to make $5 profit on a box of pennies (after they charge have of it in fees)

The first box sold for $47.25. After fees and shipping it was like 31 or something. I started selling them in rolls because I dont' waste as much on shipping that way. Is there any other better way?

Re: 20 boxes, 18 new

PostPosted: Sat May 28, 2011 4:22 pm
by ed_vantage17
If you got a bunch of boxes, I'd try selling them in $50 lots. You can easily fit two boxes into one Med. Flat rate box. Cut your shipping in half.

Re: 20 boxes, 18 new

PostPosted: Sat May 28, 2011 5:14 pm
by Crescendo
avidbrandy wrote:Alright picked up another 20 boxes. all new......This is getting rather discouraging. I'm at 38/40 boxes new this week.


What bank is this? (If you don't mind sharing)

Re: 20 boxes, 18 new

PostPosted: Sat May 28, 2011 5:55 pm
by avidbrandy
Local credit union in Texas.


Just sold one on craig's list for $40. That I don't mind so much.

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 12:00 am
by fasteddy
ebay is flooded with boxes...CRUD :x

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 1:26 am
by shinnosuke
Perhaps the mint is trying to get rid of all their zinc stock before they eliminate the penny???

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 4:38 am
by Number21
I'd take a box of new pennies over coppers any day.......

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 4:40 am
by Number21
shinnosuke wrote:Perhaps the mint is trying to get rid of all their zinc stock before they eliminate the penny???

Not if they're 2011s that they just minted. Why would they ever mint them if they thought they were going to get rid of them?

Although I for one seriously doubt the penny will be discontinued, but rather changed to steel or something else more worthless....

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 9:06 am
by Crescendo
shinnosuke wrote:Perhaps the mint is trying to get rid of all their zinc stock before they eliminate the penny???


Not how the portal delivery system works. I'm trying to think the what the likelihood of this situation arising and how it happened.

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 9:17 am
by avidbrandy
It was two different branches of the same bank, about 20 miles from each other. the deliveries were made over the course of a week.

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 9:26 am
by Crescendo
avidbrandy wrote:It was two different branches of the same bank, about 20 miles from each other. the deliveries were made over the course of a week.


If the branches have the same order dates it wouldn't matter. Not a question you'd want to ask them :)

Do you know if they do their deliveries through a third party or if they do them themselves?

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 9:54 am
by inflationhawk
I get more new boxes from Bank of America than any other bank. Other banks I use are regionals like BB&T.

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 10:00 am
by avidbrandy
I know the orders were on different dates. They each told me what day they were ordering each time. it was 3 different shipments total.

I don't know as to whether they do it through a third party or not. That might account for it, if it's all really coming from the same pool.

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 10:27 am
by Crescendo
avidbrandy wrote:I know the orders were on different dates. They each told me what day they were ordering each time. it was 3 different shipments total.

I don't know as to whether they do it through a third party or not. That might account for it, if it's all really coming from the same pool.


Well the issue isn't when the branches do their ordering, but rather when the "other party" does their ordering in reference to the branches ordering. Whether they handle cash inhouse or use a third party makes a huge difference.

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 6:54 pm
by shinnosuke
Number21 wrote:
shinnosuke wrote:Perhaps the mint is trying to get rid of all their zinc stock before they eliminate the penny???

Not if they're 2011s that they just minted. Why would they ever mint them if they thought they were going to get rid of them?

Although I for one seriously doubt the penny will be discontinued, but rather changed to steel or something else more worthless....


I didn't mean the freshly minted pennies, I was referring to their inventory of raw materials.

The Japanese use 100% aluminum for their one yen coin (worth about 1.2 cents FV at today's exchange rate). Al is about 1/4th the cost of Cu.

Re: 20 boxes, 18 new

PostPosted: Sun May 29, 2011 7:29 pm
by avidbrandy
Somebody on ebay just payed me $31 for 30 rolls. what do people want these for anyway?

Re: 20 boxes, 18 new

PostPosted: Sun May 06, 2012 2:51 pm
by Beau
I GOT MY FIRST 2012 IN CHANGE AT WALMART.
WALMART HERE HAS A DEAL WITH ONE OF OUR BANKS, NO COINS THAT ARE USED, NEW ONLY.