Are people on Ebay nuts?

Originally Posted by AuburnEwaste

Are people on Ebay nuts?
http://www.ebay.com/itm/1-13-lbs-Ass...ht_9880wt_1037

Yup...

He's fishing, hoping to land a big one,,

Originally Posted by Kris Kringle

Yeah Auburn they all Nuts except me & PTS

LOL no im nuts just ask my kids. And I buy these pennies to get wheaties. The last batch I baught was $10 dollars worth of pennies and I paid $14 bucks for them. I got 143 wheaties in that batch and 1 of them was worth more than I paid for the whole lot.

@ Auburn Waste....Sorry for thread hijacking, but I couldn't resist this topic

@ Kris Kringle....I recently did that on $1000 worth of Kennedy 50 cent coins....I found 4, 1965-1969 Kennedy's (Silver value ~$5/coin), along with limited ciruclation 1987 and 1988 San Fran Proof coin. I don't know if it was worth the time invested since I'm not efficient at coin roll hunting, and my 0.2% (silver) hit rate seems low, but it was a thrill nevertheless. Coin arbitrage!

I can understand silver Kennedy's, quaters, dimes, and war nickels.....but I don't think my local coin broker will pay anything approaching 2x face value for pre-1982 Lincolns. That's the virtue of Ebay I guess. A global markets yields all kinds of unexpected results.

@ PTS....congrats on the Wheaties. I've been thinking about that. I withdrew $150 of pennies from the bank a few weeks ago with something along those lines in mind, but they're still sitting in the bricks waiting for me to sort.

a wheat cent penny 1909 threw 1958. 1909s and 1914d look them up on ebay and see howmuch people are crazy to pay for a penny

I have a whole shoebox full of them; in the beginning of my ebay'ing was rolling a mixed full roll and selling on ebay. Never been cherry picked. Wouldn't know a good one from a notsogood.

@ Kris Kringle,

Very true. I was never certain how much I wanted to get into that whole side of things. Discovered coin roll hunting and then shifted to the Ewaste thing as it seemed much more interesting. With non-precious metal coins, folks are spending tremendous energy documenting rare coin errors/varieties. I guess that is interesting, but it seemed like a lot of energy was being invested to create scarcity and drive up prices within micro-markets (e.g. 1998 "AM" variety pennies etc.). There's all kinds of scarcity in early "E-waste", and the stuff has more layers of value: symbolic, historic, functional, aesthetic. I know that's heresy to coin collectors, but it was my impression after investing a month investigating.

@ AuburnEwaste,

That is a hilarious add. A few weeks ago I'd have no ability to judge it. But, given my very limited knowledge, that would require some serious alcoholic haze Ebay bidding to get a hit. Somebody school me if I'm missing something.
Otherwise, I'll eat my shoes if that sells in the next 8 days.

I dont know this 1909 penny sold for $8600.01.
http://www.ebay.com/itm/1909-S-VDB-1...item2a193f17cc

That 1920 wheatie is a P which is a little more rare but I don't know about the uncirculated rating when it's out of it's package. Their usually sealed in clear plastic then graded. He's also not showing the grading cert. or who did the grading. Maybe it's just him "guesstimating"