Pennies WHY ??

[Keppy]

I am not a coin collector ... When i CRH i only look for silver.... I don't under stand why you get rolls of pennies..... What is the pay back on pennies.... I see none . ?

 

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[rfishoutofwater]

Some collect for copper, some are coin collectors and some its a budget thing. To each there own. I do all denominations. I am coin collector at heart. I hoard silver and copper. Copper pennies are worth about 2.5 cents each so it adds up. I have almost filled my penny books from 1909 to current with the a few key dates still To go. I also do this with my 2 boys. We have fun and that's all that counts.

 

[Keppy]

Some collect for copper, some are coin collectors and some its a budget thing. To each there own. I do all denominations. I am coin collector at heart. I hoard silver and copper. Copper pennies are worth about 2.5 cents each so it adds up. I have almost filled my penny books from 1909 to current with the a few key dates still To go. I also do this with my 2 boys. We have fun and that's all that counts.

OK for you..

 

[uzzard]

Today I found a plastic "play money" dime in a roll of cents.........that is why I do it

I take the copper out and look for error coins.The error coins are much more work then rim searching for silver but I enjoy it am not in the least a collector..........I sell my error coins as fast as I find them.

I have done dimes and 1/2's and found one 40% Kennedy after searching 4 boxes.....did 2 boxes of dimes and skunked on both.I have yet to do a cent box that I haven't had a couple coins that I could sell to a CS right away.

Not everything is silver driven...........I buy silver but have more fun searching cents and selling the copper,wheats and error coins for a small profit.If I find a more rare error coin the profit margin goes way up and it is only a matter of time until I do.

 

[fistfulladirt]

Kep you answered your own question in the first sentence of your post.

 

[Codes]

Different people have different reasons. For me, I'm a COIN collector not just a silver collector.

 

[Keppy]

Kep you answered your own question in the first sentence of your post.

what post??ok i see what you mean there is no pay back on pennies...

 

[vpnavy]

...I don't under stand why you get rolls of pennies...

Well Keppy would you believe...

• 
  [*=3]1943 copper-alloy cent (just 40 of the coins created) was sold in 1958 for more than $40,000.
  [*=3]1943 copper-alloy cent (just 40 of the coins created) was sold in 1996 for more than $82,500.
  [*=3] 1943 copper-alloy cent (just 40 of the coins created) was sold recently for more than $1.7 million.

Now, if you really want to see a list - take a look at: 25 Most Valuable US Pennies

 

[50cent]

You get twice the return, better than a bank having a 50% savings interest rate its common sense

Kitco - Copper Charts and Graphs - Copper Prices - Copper Quotes, Cu, Industrial metals

Although copper dropped dramatically the past couple of days, a copper cent is still worth 2x as much as its current face value. $50 in copper cents = $100 cash. As demand goes up, and copper cents are allowed to be melted, more and more wheat cents be destroyed. as a result, wheat cents will skyrocket in value.

 

[sagittarius98]

You get twice the return, better than a bank having a 50% savings interest rate its common sense

Kitco - Copper Charts and Graphs - Copper Prices - Copper Quotes, Cu, Industrial metals

Although copper dropped dramatically the past couple of days, a copper cent is still worth 2x as much as its current face value. $50 in copper cents = $100 cash. As demand goes up, and copper cents are allowed to be melted, more and more wheat cents be destroyed. as a result, wheat cents will skyrocket in value.

Tell me where you can sell copper cents for 2x face.

 

[Keppy]

I guess on ebay,,..... I see that one person bought a roll of pennies with some dimes in it for $130.00.... sorry i meant a roll of cents ??

 

[Mr. Silver Stash]

I consistently net $5 profit on eBay after fees and shipping for every $15 fv copper pennies sold. I keep all wheats, ih, etc. It helps pay for my copper stash, slowly but surely. Cent searching fends off any crh withdrawals. Plus I have found a silver dime and a 14k gold ring in cent bags before.

 

[Keppy]

I consistently net $5 profit on eBay after fees and shipping for every $15 fv copper pennies sold. I keep all wheats, ih, etc. It helps pay for my copper stash, slowly but surely. Cent searching fends off any crh withdrawals. Plus I have found a silver dime and a 14k gold ring in cent bags before.

Yes you do have some return there.... That is all copper pennies you sell on ebay no clad ?

 

[Mr. Silver Stash]

Yes you do have some return there.... That is all copper pennies you sell on ebay no clad ?

Hand sorted pre 1982 cents.

 

[BoredBankTeller]

With a Ryedale and good volume what kind of money can you earn sorting through pennies? I've never considered it either.

 

[Keppy]

Hand sorted pre 1982 cents.

Got ya ...

 

[Keppy]

With a Ryedale and good volume what kind of money can you earn sorting through pennies? I've never considered it either.

I can't answer that ... But like you i never thought that pennies were worth my time... But i could be wrong...... As i see here.......Some do profit from pennies....

 

[mountainman 2]

There's always the possibility of that big find that makes it all worth while. I search cents for wheats and for error/variety coins. Used to separate all the copper by hand but it was tying up too much of my CRHing funds. I get more satisfaction searching cents then any other denomination since halves have pretty much dried up around here.

 

[Keppy]

There's always the possibility of that big find that makes it all worth while. I search cents for wheats and for error/variety coins. Used to separate all the copper by hand but it was tying up too much of my CRHing funds. I get more satisfaction searching cents then any other denomination since halves have pretty much dried up around here.

yes i just started in CRH this past winter and those silver coins are few.... Could be that pennies is the answer........

 

[baddbluff]

This is why I hunt cents. Some day she will be mine! I have found a '72 but the '69S has eluded me (and everyone else in the would but about 10-12 lucky people)!