$30,000 copper pennies per month

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

Re: $30,000 copper pennies per month

Postby barrytrot » Fri Aug 17, 2012 6:54 pm

Rodebaugh wrote:If I had 30K to spend on coins every month (to keep) I wouldn't be on the penny forum......I would be on the quarter forum. :lol:


Actually pennies (cents) are some of the most expensive coins :) So maybe you would be :)
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Re: $30,000 copper pennies per month

Postby cesariojpn » Sat Aug 18, 2012 3:19 am

SilverDragon72 wrote:30k in Pennies each month? Gotta say NOPE to that one. A person would be better of stacking that kind of money in gold or silver....but also keep a modest amount in the pennies as well. You would need a warehouse to store that kind of volume.


Or this:

Image
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Re: $30,000 copper pennies per month

Postby SilverDragon72 » Sun Aug 19, 2012 11:04 am

reddirtcoins wrote:
barrytrot wrote:Even at 100 million coins (33.3 month or 2.78 years) the size would definitely fit in my garage:

http://www.kokogiak.com/megapenny/eight.asp

I'm not 100% certain about the height, but I know that my 3-car garage could definitely fit that even with the top section of cents moved to the side.


You could for sure line the garage with about 30,000. Remember this stacker?

http://forums.collectors.com/messagevie ... TARTPAGE=1



I checked out that page. Yikes! That is ALOT of pennies in those barrels. I would hate to have to move them one day. A forklift and truck would most definitely be required! :o
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Re: $30,000 copper pennies per month

Postby TXBullion » Sun Aug 19, 2012 1:38 pm

Rodebaugh wrote:If I had 30K to spend on coins every month (to keep) I wouldn't be on the penny forum......I would be on the quarter forum. :lol:


Lets not overdue it doc. Maybe start with the dimes
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Re: $30,000 copper pennies per month

Postby mrrosado » Mon Aug 20, 2012 12:05 am

TXBullion wrote:I meant why are g and s better?

I'm no expert but gold and silver are precious metals. Copper is not.
I like collecting Gold and Silver. I prefer the Silver stuff. God Bless You.

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Re: $30,000 copper pennies per month

Postby stlouiscoin » Mon Aug 20, 2012 3:17 pm

FatherRosado wrote:
TXBullion wrote:I meant why are g and s better?

I'm no expert but gold and silver are precious metals. Copper is not.


gold and silver have been manitpulated and suppressed by the government and large pm companies. When the manipulating is no longer working, expect pms to shoot higher then the moon.
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Re: $30,000 copper pennies per month

Postby misteroman » Mon Aug 20, 2012 4:29 pm

SilverDragon72 wrote:
reddirtcoins wrote:
barrytrot wrote:Even at 100 million coins (33.3 month or 2.78 years) the size would definitely fit in my garage:

http://www.kokogiak.com/megapenny/eight.asp

I'm not 100% certain about the height, but I know that my 3-car garage could definitely fit that even with the top section of cents moved to the side.


You could for sure line the garage with about 30,000. Remember this stacker?

http://forums.collectors.com/messagevie ... TARTPAGE=1



I checked out that page. Yikes! That is ALOT of pennies in those barrels. I would hate to have to move them one day. A forklift and truck would most definitely be required! :o

Does anyone know the buyer? Was wondering if he ever sold them as he hadnt posted in awhile
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Re: $30,000 copper pennies per month

Postby SilverDragon72 » Mon Aug 20, 2012 9:31 pm

cesariojpn wrote:
SilverDragon72 wrote:30k in Pennies each month? Gotta say NOPE to that one. A person would be better of stacking that kind of money in gold or silver....but also keep a modest amount in the pennies as well. You would need a warehouse to store that kind of volume.


Or this:

Image



Now THAT is a warehouse!
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Re: $30,000 copper pennies per month

Postby penny pretty » Mon Aug 20, 2012 11:35 pm

Crescendo wrote:If you could buy $30,000 of copper pennies face value per month at $140 per $100 including shipping, but the catch is you had to buy all $30,000 each month and take freight shipping by a truck, would you do it (and why)?

With THAT kid of volume I would need a buyers perk. shipping by a truck, fine. but it would have to be shipped to me $1000 a day for thirty days, and the truck driver would be a playboy playmate, who would be my "hostage" till the next days delivery arrived. (fun too see which goes first, my $$ or my ticker) :twisted:
"Is that a roll of pennies in your pocket?" "Why yes miss, it is... why do you ask?"
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