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<p>[QUOTE="doctorcoffey, post: 1212295, member: 31827"][ATTACH]128250.vB[/ATTACH]I am presently sorting 10,000 pennies (four $25 boxes) per day (takes about 1 hour) and finding approximately 25 percent (2,500) are 1982 and older 95% copper pennies. With copper above $4.50 per pound (150 copper pennies to the pound) these pennies have a melt value of about 3 cents each. Now that I have over 1 ton of U.S. Legal Copper Bullion Coins I'm trying to think outside the box and find a way to market/sell these pennies for at least a 50% profit (1.5 cents + each). My precious metal dealer <a href="http://www.ProvidentMetals.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ProvidentMetals.com" rel="nofollow">www.ProvidentMetals.com</a> sells 3 pounds of wheat pennies for $29.95 + s/h (6.6 cents each). I also see people selling these pennies on E-bay for 2 cents each. I can ship 10 pounds for $4.95 or 50 pounds for $10.35 using USPS Flat Rate shipping boxes. I believe these pennies will prove to be a great Inflation Hedge and a great long term investment. <b>I would enjoy hearing from anyone that has an idea or a proven way to market these coins </b>- <span style="color: #ff0000">EDITED</span></p><p><br /></p><p><span style="color: #ff0000">If you want to contact doctorcoffey please use the PM system. </span>[/QUOTE]</p><p><br /></p>
[QUOTE="doctorcoffey, post: 1212295, member: 31827"][ATTACH]128250.vB[/ATTACH]I am presently sorting 10,000 pennies (four $25 boxes) per day (takes about 1 hour) and finding approximately 25 percent (2,500) are 1982 and older 95% copper pennies. With copper above $4.50 per pound (150 copper pennies to the pound) these pennies have a melt value of about 3 cents each. Now that I have over 1 ton of U.S. Legal Copper Bullion Coins I'm trying to think outside the box and find a way to market/sell these pennies for at least a 50% profit (1.5 cents + each). My precious metal dealer [URL="http://www.ProvidentMetals.com"]www.ProvidentMetals.com[/URL] sells 3 pounds of wheat pennies for $29.95 + s/h (6.6 cents each). I also see people selling these pennies on E-bay for 2 cents each. I can ship 10 pounds for $4.95 or 50 pounds for $10.35 using USPS Flat Rate shipping boxes. I believe these pennies will prove to be a great Inflation Hedge and a great long term investment. [B]I would enjoy hearing from anyone that has an idea or a proven way to market these coins [/B]- [COLOR=#ff0000]EDITED[/COLOR] [COLOR=#ff0000]If you want to contact doctorcoffey please use the PM system. [/COLOR][/QUOTE]
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