Realcent.org

Do people actually go for auctions like this?

http://cgi.ebay.com/LINCOLN-CENT-PENNIE ... 2566d3fbc6

The shipping is $17 and its only to the U.S.

They occasionally do. I have sold boxes like that in the past on the Bay. Of course my shipping was much more reasonable. He has to charge that much to cover all the ebay and paypal fees.

Here are two auctions that ended today I was watching.

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... 1423.l2649

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... 1423.l2649

Those are for Cu pennies, the one that 2 1/2 cents is talking about is just mixed pennies. That's crazy.

Check out that 2nd auction- winning bid plus shipping 139- for 1/2 of a CTU. 2.78 x face. Somebody wanted that one real bad!

csb3tennessee wrote:Check out that 2nd auction- winning bid plus shipping 139- for 1/2 of a CTU. 2.78 x face. Somebody wanted that one real bad!

Did you notice he ships out of the country ? I wonder if the winner was outside the U.S.

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Current average is 1.71 X... we're a climbin'

Maybe in the future, when banks start charging a fee to non-merchants, this will be the new normal.

PennyBoy wrote:Maybe in the future, when banks start charging a fee to non-merchants, this will be the new normal.

At that time I guess we will have to start a home company and get a merchant account... There will always be ways for us... and when there won't, that's when Cu prices will be so high that it won't matter anymore...

balz wrote:

PennyBoy wrote:Maybe in the future, when banks start charging a fee to non-merchants, this will be the new normal.

At that time I guess we will have to start a home company and get a merchant account... There will always be ways for us... and when there won't, that's when Cu prices will be so high that it won't matter anymore...

IMO, when CU prices get "so high", there'll hardly be any CU pennies left in circulation. So, I guess then it'll be a moot point.