Is this strategy overboard?

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Is this strategy overboard?

Postby Bartender » Wed Sep 21, 2011 4:17 pm

Hey all,

So here's my routine that I've been doing for a few years now and I'm curious what you think. Simply put, I take all my zincs and other loose change and dump it across the state line into a bank in a different fed reserve district. My logic has me believing that it gets farther away than it would if I just dumped at a different branch across town, becomes less likely to end up at my pickup branches, and all-in-all doesn't dilute (but hopefully concentrates) the copper pool in my city. I'm sure this is all just wishful thinking, but it doesn't take any extra effort on my part other than about 30 more minutes of driving. So, what are your thoughts? Comments? Jeers? Insults? :P
"Giving money and power to government is like giving whiskey and car keys to teenagers." - P.J. O'Rourke
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Re: Is this strategy overboard?

Postby fasteddy » Wed Sep 21, 2011 4:51 pm

Yep I think so, however it may work like the way you want it to, Is fuel cheap in your neck of the woods? I would just check and make sure your p/u bank is serviced by a different armoured service than your dump bank.
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Re: Is this strategy overboard?

Postby eboyfudd » Wed Sep 21, 2011 5:29 pm

I concur - overboard at this point. I really doubt that extra 30 minutes and $ for gasoline buys you any meaningful benefit in your copper percentages.
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Re: Is this strategy overboard?

Postby myfundsarelow » Wed Sep 21, 2011 5:40 pm

some one on the other end may be doing the same thing so just take a chance and keep searching PEACE!!
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Re: Is this strategy overboard?

Postby fb101 » Wed Sep 21, 2011 6:43 pm

not a significant enough percentage increase to justify the wear and tear on the car.
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Re: Is this strategy overboard?

Postby goldteam » Thu Sep 22, 2011 4:58 am

I have four Wells Fargo banks in my city. I dump at one and pick them up at the other three. I have been doing this for two years and have never, ever gotten any pennies that have been sorted. I don't believe they really stay in the city.
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Re: Is this strategy overboard?

Postby Tourney64 » Thu Sep 22, 2011 6:22 am

Mark about 1000 pennies with a distinct mark (color, location on the penny, shape) and then dump in your state. If you don't see them in your pickups then you have been wasting your time and gas. Do the same for your out of state bank with a different mark.

Don't mark any good looking pennies.

I did several years ago and marked with a green T on the obverse, and the next week I received several of them back. I found out that my pickup bank and dump bank both used Brinks.
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Re: Is this strategy overboard?

Postby highroller4321 » Thu Sep 22, 2011 9:29 am

If it is at the very edge of the district it might actually get funneled back into the district you live in. It all depends on where the fed depots are...
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