July 2023 Copper Penny Handsorter Tracking

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July 2023 Copper Penny Handsorter Tracking

Postby Country » Fri Jun 30, 2023 8:04 am

xxx
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Re: July 2023 Copper Penny Handsorter Tracking

Postby Recyclersteve » Mon Jul 03, 2023 4:00 am

I'm posting in July the results from a box received on Monday, June 26th.

WHAT AN OUTSTANDING $25.00 BOX!

This was likely a former collector who passed away, lost his or her mind, fell on hard times, etc.

The $25.00 box had the following:

980 Pre' 1982 copper cents
353 Copper cents from 1982
3 Wheats (common dates from the 50's)
2 Canadian copper cents
1338 TOTAL COPPERS (53.5% COPPER)

A few comments are in order.

First, regarding the 1982 cents. There were 353 that were copper and only 10 that were zinc. I'm guessing this was a collector who recognized most of the zincs and put them back into circulation.

Secondly, a lot of the zinc cents had a discoloration that was often greenish in color. I don't remember seeing any of the coppers with the discoloration- only the zincs. Does anyone know if this could have happened by being stored in a basement or other humid area?

Out of the equivalent of roughly 67 boxes of $25 that I've documented in my spreadsheet over the past 11 years, this was the second best box. I had a day around November, 2021 where I got over 58% copper cents. But my long-term average is 17% copper. It has consistently been 10-15% since about 2014.

After a long dry spell it is nice to have a little fun outside the stock market once in a while.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: July 2023 Copper Penny Handsorter Tracking

Postby cwgii » Mon Jul 03, 2023 5:12 am

A BWR box ???? That truely is odd.
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Re: July 2023 Copper Penny Handsorter Tracking

Postby cwgii » Mon Jul 03, 2023 5:17 am

$100 6-26//7-3

Mix of counter bag and cwr

1959...8,1 p
60-67...138
68-74...343
75-81...461
P....209
82...98.... TBD...67 current
Wheat...31,3 oldies
CDN...9,7 cu

Odds 1968,5 pfenning which is doubly odd as it is, aluminum, and in the counter bag.it should have been rejected ,based on weight.

Dimes x 2 in the cwr..
Last edited by cwgii on Wed Jul 05, 2023 5:58 pm, edited 1 time in total.
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Re: July 2023 Copper Penny Handsorter Tracking

Postby Recyclersteve » Tue Jul 04, 2023 3:29 pm

Got another $5 in pennies.

Pre ‘82: 76
Copper ‘82: 7 (plus 3 zinc 82’s)
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: July 2023 Copper Penny Handsorter Tracking

Postby Recyclersteve » Thu Jul 13, 2023 4:07 am

Got another $25 in pennies.

The results...

1959-82 coppers 244
'82 coppers 13
'82 zincs 11
Canadians 4 (all before 1997)
Wheats 9
TOTAL CPRS. 270 (10.8%)
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: July 2023 Copper Penny Handsorter Tracking

Postby Silver4face » Thu Jul 13, 2023 8:26 am

Was this a CWR box or was it bank/machine rolled? Also, can I assume that you have already cashed the zincs back in?
Buy rolls NOW while you still can!
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Re: July 2023 Copper Penny Handsorter Tracking

Postby Recyclersteve » Sun Jul 16, 2023 2:37 am

Silver4face wrote:Was this a CWR box or was it bank/machine rolled? Also, can I assume that you have already cashed the zincs back in?


If this is directed to me, I often don't keep track of whether it is BWR or CWR's. I often break the coins out of the wrappers, throw the wrappers away, and forget which type I threw away. Sorry about that.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
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Re: July 2023 Copper Penny Handsorter Tracking

Postby Recyclersteve » Sun Jul 16, 2023 2:40 am

$10.00 in pennies recd. on 7/14/23 (F). The results:

Pre 1982 112 (including 1960-D small date)
1982 copper 7
1982 zinc 5
Wheats 0
Canada 1 coin (but it was not copper- a 1999)
TOTAL COPPERS 119 (11.9% COPPER)
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
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Re: July 2023 Copper Penny Handsorter Tracking

Postby cwgii » Tue Jul 18, 2023 7:40 pm

$100 7-5/18

59...10,1 P
60-67...150
68-74...278
75-81...399
P...172
82...119...
Wheat...37...2 old
CDN...9,5 cu

Odds..79 S, 68 5v
pfennig
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Re: July 2023 Copper Penny Handsorter Tracking

Postby cwgii » Tue Jul 18, 2023 8:39 pm

$1000 3-16//6-22
Lazy on recording the $100 reports into the next ,larger report.

59...103,13 p
60-67...1440
68-74...3238
75-81...4229
P...1944
82...1212,858 cu
Wheat...319,35 older
CDN...98,75 cu

IH 01,03
Total of 12,131......12.1%
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Re: July 2023 Copper Penny Handsorter Tracking

Postby Silver4face » Wed Jul 19, 2023 10:13 pm

Recyclersteve wrote:
Silver4face wrote:Was this a CWR box or was it bank/machine rolled? Also, can I assume that you have already cashed the zincs back in?


If this is directed to me, I often don't keep track of whether it is BWR or CWR's. I often break the coins out of the wrappers, throw the wrappers away, and forget which type I threw away. Sorry about that.


No need to apologize, I was curious because your 10.8 percent seems low for a BWR. BWR's are like a singles hitter in baseball - you are guaranteed a safe haven of SOME COPPER with occasional wheats. On the other hand, CWR is like a power hitter with a low average. You get batches of rolled up copper, older wrappers etc. But you also get skunk or almost skunk rolls too. As for wrappers, I throw out ALL BWR, but sometimes reuse the CWR so that I can "finance" more rolls or "appease" a bank.
Buy rolls NOW while you still can!
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Re: July 2023 Copper Penny Handsorter Tracking

Postby cwgii » Thu Jul 20, 2023 2:04 pm

Lol.well said. I got $12 cwr last week. All zinc. After the first 2$ I weighed them. 1 short 1, 3 withv1-2 extra.
I just put them in the rerolled box. Funny, different branches ,,,need/ welcomevmy coin. Others would rather I did not ,cash in,,any.
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