how much is a roll of pennies worth?

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

how much is a roll of pennies worth?

Postby DollarsNSense » Mon Jan 09, 2012 10:06 pm

so how much is each roll of copper pennies actually worth? do i follow the per cent worth or the per lb worth?
Last edited by DollarsNSense on Tue Jan 10, 2012 1:13 am, edited 1 time in total.
DollarsNSense
 
Posts: 41
Joined: Thu Dec 29, 2011 1:07 am

Re: howm uch is a roll of pennies worth?

Postby dakota1955 » Mon Jan 09, 2012 10:28 pm

it is really what you can get for it. depends if you sort by date and mint mark or just for copper
dakota1955
Too Busy Posting to Hoard Anything Else
 
Posts: 4523
Joined: Mon Nov 10, 2008 3:00 pm
Location: North Dakota

Re: how much is a roll of pennies worth?

Postby DollarsNSense » Tue Jan 10, 2012 12:57 am

just for copper. i have 22 rolls and im just couriuos what im looking at so far
DollarsNSense
 
Posts: 41
Joined: Thu Dec 29, 2011 1:07 am

Re: how much is a roll of pennies worth?

Postby Bluegill » Tue Jan 10, 2012 2:08 am

What ever a buyer is willing to pay. No more, no less...
User avatar
Bluegill
Post Hoarder
 
Posts: 2450
Joined: Sun Mar 23, 2008 5:00 am
Location: S.E. MI

Re: how much is a roll of pennies worth?

Postby bobabbey » Tue Jan 10, 2012 8:01 am

User avatar
bobabbey
 
Posts: 6
Joined: Wed Nov 16, 2011 8:47 am
Location: Western NY

Re: how much is a roll of pennies worth?

Postby scrapper2010 » Tue Jan 10, 2012 8:18 am

About $.70-.80 a roll, give or take.
Old feedback thread viewtopic.php?f=32&t=3581
User avatar
scrapper2010
Penny Hoarding Member
 
Posts: 629
Joined: Mon Sep 13, 2010 10:31 am
Location: Ohio

Re: how much is a roll of pennies worth?

Postby slickeast » Tue Jan 10, 2012 9:58 am

scrapper2010 wrote:About $.70-.80 a roll, give or take.


Don't let these numbers discourage you. Some people will think it is not worth it and dump their hoard for FRN's. At a 40% increase in net worth I would rather have my savings in copper pennies instead of a bank account.
You don't have to be the BEST you just have to be....... SLICK
User avatar
slickeast
Too Busy Posting to Hoard Anything Else
 
Posts: 6042
Joined: Thu Jan 08, 2009 3:00 pm
Location: South Carolina

Re: how much is a roll of pennies worth?

Postby DollarsNSense » Tue Jan 10, 2012 11:32 am

scrapper2010 wrote:About $.70-.80 a roll, give or take.


that coin value site says a roll is $1.15...why is your quote so low?
DollarsNSense
 
Posts: 41
Joined: Thu Dec 29, 2011 1:07 am

Re: how much is a roll of pennies worth?

Postby motos » Tue Jan 10, 2012 11:38 am

Scrapper gave a "what you will probably get" quote while coinflation gives you the actual value. Your goal is to get people to buy as close to that actual value as possible.
An economist's guess is liable to be as good as anybody else's. - Will Rogers
User avatar
motos
Penny Sorter Member
 
Posts: 92
Joined: Wed Feb 03, 2010 3:00 pm

Re: how much is a roll of pennies worth?

Postby scrapper2010 » Tue Jan 10, 2012 12:39 pm

DollarsNSense wrote:
scrapper2010 wrote:About $.70-.80 a roll, give or take.


that coin value site says a roll is $1.15...why is your quote so low?

I was giving a rough amount for what they sell for. But you're right, the metal content value is higher. What makes them not sell for their actual metal content value is the ban on melting them.
Old feedback thread viewtopic.php?f=32&t=3581
User avatar
scrapper2010
Penny Hoarding Member
 
Posts: 629
Joined: Mon Sep 13, 2010 10:31 am
Location: Ohio

Re: how much is a roll of pennies worth?

Postby uthminsta » Thu Jan 12, 2012 9:24 pm

scrapper2010 wrote:What makes them not sell for their actual metal content value is the ban on melting them.

Yes, in part. I would say they sell for less than their "melt value" would be because people can still get them at face value, and that there is not a WELL-established market of buyers of larger quantities. Yet.
User avatar
uthminsta
Too Busy Posting to Hoard Anything Else
 
Posts: 6139
Joined: Sat Oct 24, 2009 3:00 pm
Location: Illinois

Re: how much is a roll of pennies worth?

Postby penny pretty » Fri Jan 13, 2012 11:40 pm

Im no expert, but at 22 rolls, you will always have eleven dollars! just try to keep adding to that in the most cost and time efficient method for you.
"Is that a roll of pennies in your pocket?" "Why yes miss, it is... why do you ask?"
User avatar
penny pretty
Penny Hoarding Member
 
Posts: 638
Joined: Mon Sep 26, 2011 10:12 pm

Re: how much is a roll of pennies worth?

Postby HoardCopperByTheTon » Mon Feb 20, 2012 5:36 pm

I sold some rolls at $1 each at a coin show yesterday.. but only a few. :mrgreen:
If your percentages are low.. just sort more. If your percentages are high.. just sort more
User avatar
HoardCopperByTheTon
HoardsPostsByTheTon
 
Posts: 9358
Joined: Sat Feb 17, 2007 3:00 pm
Location: CA

Re: how much is a roll of pennies worth?

Postby HPMBTT » Mon Feb 20, 2012 8:26 pm

DollarsNSense wrote:so how much is each roll of copper pennies actually worth? do i follow the per cent worth or the per lb worth?


According to all banks in the USA, each roll is worth 50 cents. :lol:
HPMBTT
Penny Hoarding Member
 
Posts: 516
Joined: Wed Nov 24, 2010 3:05 pm
Location: Midwest

Re: how much is a roll of pennies worth?

Postby everything » Tue Feb 21, 2012 1:17 am

According to E-bay .. Here is your basic $175 roll. P.S. great humor and seriousness in this thread so far.
http://www.ebay.com/itm/ROLL-WHEAT-PENN ... 5d326e791d
everything
Penny Hoarding Member
 
Posts: 817
Joined: Wed Oct 12, 2011 11:43 pm
Location: Central Wisconsin

Re: how much is a roll of pennies worth?

Postby myfundsarelow » Tue Feb 21, 2012 1:56 am

IF refiner bought the coins at the cent metal value he would have no profit to pay self and staff plus all his costs. PEACE!!
myfundsarelow
Penny Hoarding Member
 
Posts: 588
Joined: Sun Mar 25, 2007 10:00 am


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 96 guests