Is this an extra columns die or a clash?

Discussion in 'Error Coins' started by tomfiggy, Sep 22, 2015.

  1. Amos 811

    Amos 811 DisMember

    Here is a section of a quarter million coins...




    KIMG0106.JPG

    Ole bettsy is right behind the door as well, but your gona need hours, and several trucks if you want to try to get it :p thats the other good reason I have to diversify my portfolio
     
    phankins11 likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. tomfiggy

    tomfiggy Well-Known Member

    Well I hate to tell you but copper is dropping like a rock. With the slowdown and overproduction in the world economy you will be sitting on those copper coins for a long time. Isn't it a felony to melt U.S. currency? Are you on the TSA watchlist? Why you better watch where you talk about such things. I sir am a patriot and would never entertain the thought of profiting from the destruction of the currency of these here United States......lol
    They said the same thing about oil..
     
  4. Amos 811

    Amos 811 DisMember

    I have a history degree, do you know whats going on in China right now?
     
  5. Amos 811

    Amos 811 DisMember

    they will not get melted by me....they are 95% as is...and im not selling for less then $0.10 each. Also, these are all unsearched...I have to go thru them all 1st.
     
  6. bryantallard

    bryantallard show me the money....so i can look through it

    is the copper hoarding going to be worth it? what if they don't ever allow the copper to be melted? because if its going to worth it then I am going to stop selling mine.
     
  7. Amos 811

    Amos 811 DisMember

  8. Amos 811

    Amos 811 DisMember

    They are going for 1.5x on sleezbay right now, 2x a few years back.
     
  9. bryantallard

    bryantallard show me the money....so i can look through it

    you mean those fake morgans and or peace dollars (whichever it was) yeah I heard about that. if it doesn't have to do with coins it doesn't interest me. I am so bad with it that I have to make sure I don't give change as a tip that might be known to have a certain type of error associated with it. like Colorado has cuds, Oregon ddr's, cuds, and die clashes, iowa with a DD, etc.
     
  10. Amos 811

    Amos 811 DisMember

    No, China is stockpiling gold, silver, and copper....yet secretly and keeping the value down. They are building 'ghost citys' that NEED copper for electric and plumbing...
     
  11. Amos 811

    Amos 811 DisMember

    copper supply and demand ....simple economics, but what they dont tell you is, China is keeping the $ down so they can buy it all up and use it...its used/gone...need more
     
  12. bryantallard

    bryantallard show me the money....so i can look through it

    but is this worth it if you are not alive to profit off it? is there talk about us being allowed to melt in the near future?
     
  13. bryantallard

    bryantallard show me the money....so i can look through it

    I hope that's in a basement, or you might have a window in your floor piling like that
     
    Amos 811 likes this.
  14. tomfiggy

    tomfiggy Well-Known Member

    I hope it's a new variety. I was never that impressed by those extra columns, but some of them go for a decent price. I look and look and I never found one.
    I never really look to make money off of a box of pennies. I go through maybe 3 boxes a month. It's a fun hobby. If I needed the money that bad I would get a real job. That doesn't mean if I found a really valuable coin I wouldn't sell it. Cash is better to leave behind than a bunch of questionable pennies.
     
    Last edited: Sep 22, 2015
  15. Amos 811

    Amos 811 DisMember

    Even if we could melt, I still need to go thru it, and I am not capable of melting it. If i die, wife gets it, we both die, kids get it...they are teens now, so grandkids around the corner (so much for freedom)...stockpile till needed or death. Yea, @17lbs a box, in humidity controlled basement, dont need a homeowners claim...or do I?
     
  16. Amos 811

    Amos 811 DisMember

    What is a decent price? paying for PCGS, getting a few coins graded, and breaking even? I find a good Cent for every 1,000 dollars worth i go thru. Plenty of WAMs and greasers, etc which I will sleezbay over the winter for cannon fodder after i deal with tard buyers...
     
  17. bryantallard

    bryantallard show me the money....so i can look through it

    well that's what you call planning ahead. if no one ever gets to profit off it, its still a nice chunk of change in case of an emergency for you or anyone else down the line.
     
    tomfiggy and Amos 811 like this.
  18. Amos 811

    Amos 811 DisMember

    and its not like im paying $100 for a graded Morgan worth $15 scrap value if the proverbial feces hits the fan.
     
    tomfiggy likes this.
  19. Amos 811

    Amos 811 DisMember

    10-20 of these should be able to buy a loaf of bread or a 1/2 gallon of milk when that happens...good luck trading a $20 gold piece for the same.
     
  20. bryantallard

    bryantallard show me the money....so i can look through it

    when I do all my quarter runs for the week I grab some cents every once in a while. after going through the box I throw the 72's in a big Ziploc bag with the other 72's. same with 95's. I have full bags of 98 and 00. eventually I will go through those as you through your copper. something for a rainy day when bored. however I don't think you have to have a coin graded to make a decent profit.
     
  21. pennsteve

    pennsteve Well-Known Member

    Well, if they ever allow pennies to be melted, there is a cheap way to do it. Use a fresnel lens from a projection TV. Has to be a spot lens.

     
Draft saved Draft deleted

Share This Page