KoinKvetching - Now I am positive I wasted money on higher education

Hi my dear fellow CoinTalkers. I wanted to stop in and let you know that I AM ABOUT TO LOSE MY LAST MIND!!! Why??? Why? Because someone on eBay is selling what looks to be a quart size jar of pennies for ONE THOUSAND DOLLARS!!!

The jar doesn't even seem to be full to the brim.
The sale is made "as is, no refunds, no warranties."

How many pennies do you think can fit in a quart jar? I consulted our friendly search engine and found that a quart jar will accept approximately 1,260 ($12.60) pennies.

If that is the case, then this seller will make $987.40 if he can get a sucker, I mean, a buyer, to agree to pay approximately 78 cents per penny.

Golly, I have tons of pennies including slews of wheaties and I have empty washed quart size pickle jars. Hmmm....perhaps I can actually plan to retire before I drop dead or catch a stroke.

Okay, I am finished koinkvetching now. I pass the baton on to the next CTer who needs it.

 

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No, no, the seller is offering a jar of pennies for one thousand dollars. Don't give up your faith in humanity until a buyer shows up.

 

I am with you @LaCointessa ..... I have spent near sixty years on this planet gullibly believing people were good and really wanted to do right.... Then I started seeing the Etsy ads posted here..... Then somebody posted a ten year old McDonald’s happy meal that was auctioning in the hundreds of dollars..... Sadly, methinks the world has gone entirely nuts. Makes me glad I am closer to the end of my life than the beginning of it!

 

Oh....i forgot to include the link. Sorry...


https://www.ebay.com/itm/full-glass...rentrq:c5a1cbb11680ad4a690f6717ffd12cbb|iid:1

 

Local pick up only. So atleast you save the on shipping.

Anyone else craving pickles?

 

i am always ready for a good kosher garlic pickle..that is why I have so many ready jars handy!!

 

I just asked if shipping was at all an option, since I live in Utah. I will be sure to post any reply I get.
I see at least one Canadian cent in the jar.

 

Yes, I also noticed that Canadian cent....

and then there was this item for sale - another quart jar "full of" approximately 1000 wheat cents for $100.00 plus 26.40 shipping. Buyers of this item will be paying .115 cents per wheat penny or $5.75 per 50 pennies which is at least more in line with what a roll of wheat cents goes for on eBay.

https://www.ebay.com/itm/Old-KERR-or-MASON-JAR-full-of-1000ish-WHEAT-PENNIES-US-Lincoln-Cents-Penny/192813629837?_trkparms=aid=222007&algo=SIM.MBE&ao=2&asc=55992&meid=279775ac081e4a3d8f7c417cfc9c8ee7&pid=100005&rk=1&rkt=2&sd=253384329518&itm=192813629837&_trksid=p2047675.c100005.m1851

 

At .115 cents each, I'll take all the wheat pennies I can get.

At 11.5 cents each, meh.

 

It's a pint jar at that, so probably only 6 or 7 bucks worth.

 

Ooh! A pint! I missed that in the description. Well, I never!!

 

Oh, Grasshopper, I can remember when Pet Rocks ruled, $5-$10 for a stone in a cute box. PLUS SHIPPING!

 

I still have a ways to go

 

That's a pretty nice jar lol . . don't forget to add the cost of the jar to it.

FWIW, I've tried to use pickle jars for storing bulk coins.
But after cleaning the jar, I've had to use 90% alcohol to clean the smell out. Of course, even letting it sit in alcohol for a week the smell still comes back. I've thought of using acid but then the neutralizing process, etc etc I'm wonder if I'll end up damaging the stupid coins.

So I've simply stuck to jelly jars as those clean up easily.

So .. what I'm saying .. is that those pennies probably smell like pickles too.

 

You might not know the extent of the problem. Over the years, I have been interested by investigations into why people accept falsehoods. On the other side, I have book right now, Blink by Malcolm Gladwell, about how people with deep and broad experience make good decisions intuitively. So, just to say, we are not always all of us idiots. But often we are. On my blog, I have some book reviews:

Why Evidence is Not Enough
https://necessaryfacts.blogspot.com/2011/09/why-evidence-is-not-enough.html

Crimes Against Logic
https://necessaryfacts.blogspot.com/2017/06/crimes-against-logic-exposing-bogus.html

Four Books About Bad Science
https://necessaryfacts.blogspot.com/2013/01/four-books-about-bad-science.html

Science Versus Common Sense
https://necessaryfacts.blogspot.com/2014/08/science-versus-common-sense.html

Slow Down and Think
https://necessaryfacts.blogspot.com/2014/08/science-versus-common-sense.html

They all have something to offer, but the last is really good because the author, Daniel Kahneman is psychologist with a Nobel Prize in Economics. (Yes, I know, it is not really the Nobel Prize in Economics.) The premise of the book is that even scientists who work with statistics every day, have an erroroneous intuitive sense of statistics in common life. You are in the Chicago O'Hare airport and you see a woman reading The New York Times. Is she more likely to be a librarian or a famer's wife? (Right away, you know it's a trick question. Farm wives are far more common than librarians. 166,00 librarians http://www.ala.org/tools/libfactsheets/alalibraryfactsheet02
and 2.1 million farms
https://www.usda.gov/media/press-re...y-farms-are-focus-new-agriculture-census-data )
But you see the point.

So, just to say, people make bad bargains all the time. In fact, you inspire my next post...

 

These titles are extremely interesting to me. I will enjoy reading your reviews @kaparthy Thank you for posting them.

I visited your blog last week and enjoyed the time I spent there.

 

I have made numerous bad bargains in my life. I don't think humans are able to stop this.

 

You're in a coin hobby. Coins = bad bargains many times. lol

 

LOL

 

Consider that folks pay up to $200M for a Jackson Pollock painting created by a drunk throwing house paint on a canvas. Then $1K for a jar of pennies seems downright sensible. Former has much higher likelihood of going up in value though. Go figure!

Cal