If you are truly serious about hoarding one cent coins they do make a machine to sort coins. learn all about hoarding cents here Realcent.org • Index page
If you are truly serious about hoarding one cent coins they do make a machine to sort coins. learn all about hoarding cents here Realcent.org • Index page
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i buy mine presorted, i sort all the ones i get in myself, guess i should have mentioned it earlier
less than $3 pound, priced below melt:
http://www.ebay.com/itm/500-Face-Val...item1e74bfa598
I buy and sell all types of scrap and escrap. I buy specialty and hard to sell escrap. I buy resale items. PM me or contact me at jghilino@hotmail.com
I AM ACTIVELY BUYING ESCRAP OF ALL TYPES. BOARDS, RAM, CPUS AND MUCH MORE
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I feel the bet by hand method to sort pennies is the sound copper pennies do make a high tingle bell sound compared to the clunk sound of Zinc - thats a guarantee just drop a few to a table,you will see haw fast that is. you will never have to look at the dates,
I have found 1982 Zinc and 1982 copper - the sound does not lie. I see weighing as to slow for each penny .
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Maybe it's because I'm half Dutch, but I've always been able to distinguish coins by sound; denominations as well as metal types... Hear some coins drop in the store, "That lady just dropped two dimes and a quarter," it weirds some people out, and that's why it's fun :-P
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I saw 1 oz copper bars go for $4 each plus 10% fee to auction today. Makes no sense at all. I can only get slightly above $2 lb for scrap copper here locally. There seems to be a big gap between perceived value and actual value. Take a look at coinflations website for metal value of coins. The pre-82 pennies are .024 for a 240% return.
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yes the gap between perceived value and actual value is seemingly not diminishing .but people seem to want some thing that is nice to look at which is an emotional purchase . After all - in a pinch a person could just goto lowes an get copper pipe and start hording.
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This thread is over 10 years old and I thought I would bump it to the top.
We can learn something from this as the price of copper rounds is still about the same today.
What does that tell us?
The collector value hasn't changed on copper rounds in 10 years.
I find that most Indian heads are about a dollar give or take.
Same with many other coins, they have a value to collectors of about a dollar.
I pay around a dollar each for many coins that I buy. And I buy many at .05 to .25 each.
I will pay $7.00 to $13.00 a pound for many types of coins and tokens.
I like pennies, nickels and 50 cent pieces as well as most any large coins.
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