by Recyclersteve » Wed Mar 06, 2024 4:08 am
shinnosuke wrote:I was just looking at my pile of 95% pennies and deciding I can't move them to the next place. I've got several hundred pounds so I guess I will try to sell them through RealCent, but only locally. I can't imagine shipping them through the USPS.
I'm in San Antonio, TX. I'm willing to drive around 100 miles one-way to do a deal. What's a fair asking price these days?
Anybody doing Craigslist or OfferUp to sell pennies?
If you try OfferUp, you might want to try to meet at a place like a police or fire station. Don’t just show up there though. Call to coordinate with someone (at the business) and make sure they don’t have a problem with it.
Think about it this way. You give me your home address on OfferUp and we meet. I tell you the coins don’t look good enough and leave. Later, when you are asleep, I come back and take them for free. Another variation- I arrive and rob you in plain daylight. I’ve already swapped out my license plate a few blocks away so you wouldn’t have a very good chance of catching me.
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.