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So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank
    #25548662 -

I felt rich AF with all that money. THOUSANDS OF COINS!

I mean, it's like 5 years ago when I traded $700 for one dollar bills and threw a crazy party. Like those shows where they put a person in a tunnel with money and an air blower.


But anyways. I think PSI can chime in on this. I got them to look for the copper ones. Apparently the USA is going to do away with the Cent coin, like Canada did.


So for each copper penny I find, it's worth 2 cents. So far, I've looked through $7 worth and I have about 40 cents of 95% pure copper.


Am I wasting my time? PSI mentioned having a machine to seperate them. That'd be out of my price range.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548664 -

I used to do this. Definitely not worth the time but it is pretty cool having tens of thousands of pennies sitting around.


--------------------
Trade List


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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: saythatagain]
    #25548672 -

So , I worked hard all day. So I looked through the pennies tonight while watching a movie. That is not really time lost.

Did you give up or need to cash in the copper ones, or what?

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548680 -

Nope, they're sitting around in five gallon water bottles in my garage. Definitely wear gloves and a dust mask, there's nasty shit in there. It is kinda cool finding old ones occasionally. There's even a steel penny from 1943 I found. Find a copper penny from 1943 and you'll be a rich man.


--------------------
Trade List


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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548688 -

This is the machine I got: http://www.pennysorter.com/products/sorting-machines

Basically it's a coin hopper hooked up to a coin comparator. The coin comparator tests each coin against a reference coin that you leave in it. The hopper is pretty fast but also very noisy.

This is the forum I used to be active on: http://realcent.org/

Found buyers on there for pennies and nickels in the past. But looking now it seems like most of the stuff people are selling is precious metals.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: saythatagain] * 1
    #25548693 -

Sounds like a big waste of life. You're actually spending money on this. You would be better off going through trash for broken electronics, begging, or just getting a normal job and enjoying your free time.

Tie a strong magnet to a rope and pull guns and shopping carts out of the rivers. At least you'll be cleaning up nature if you do that.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: psi]
    #25548698 -

If you get a strong enough magnet it will do the sorting for you, for the most part. Copper is non-ferrous. 1" magnet in your palm and wave it over a pile. Take coins and put them back. In the end you'd have a pile of copper coins where you started and everything else would be conveniently put away.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: larry.fisherman]
    #25548708 -

XLCaps said:
If you get a strong enough magnet it will do the sorting for you, for the most part. Copper is non-ferrous. 1" magnet in your palm and wave it over a pile. Take coins and put them back. In the end you'd have a pile of copper coins where you started and everything else would be conveniently put away.


Hrm, I don't know about that. If it worked, why would people use a coin sorter? U.S.A. pennies that are not copper are 95% zinc

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Lophosaurus] * 1
    #25548709 -

Lophosaurus said:
Sounds like a big waste of life. You're actually spending money on this. You would be better off going through trash for broken electronics, begging, or just getting a normal job and enjoying your free time.



Sounds like you are a big waste of life too.. coming here to this thread to give negativity and false opinions.

Do yourself a favor and don't come back. I made this thread to discuss positive ideas and things.


If it's not your cup of tea, well. Royally remove yourself. Thanks

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery] * 1
    #25548713 -

Fiery said:
Royally remove yourself. Thanks


Royal wit cheese, mafucka?


--------------------
Let it be seen that you are nothing. And in knowing that you are nothing... there is nothing to lose, there is nothing to gain. What can happen to you? Something can happen to the body, but it will either heal or it won't. What's the big deal? Let life knock you to bits. Let life take you apart. Let life destroy you. It will only destroy what you are not.
--Jac O'keeffe

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548715 -

Definitely works on new Canadian pennies though, I know because I was using coins to show my son magnets maybe a week or so ago. If you're right you're right but if there's any doubt then looking in to it could save you a lot of work.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Jokeshopbeard] * 1
    #25548716 -

Jokeshopbeard said:
Fiery said:
Royally remove yourself. Thanks


Royal wit cheese, mafucka?


Not without the errwit errwit on top. Extra knowhatimsayin's, wit cheeze too. :bubbles:

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: larry.fisherman]
    #25548721 -

XLCaps said:
Definitely works on new Canadian pennies though, I know because I was using coins to show my son magnets maybe a week or so ago. If you're right you're right but if there's any doubt then looking in to it could save you a lot of work.


I have some of those high powered magnets .. I'm going to give it a try. I know you can use high powered magnets to test silver in a "slide test."

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548723 -

Fiery said:
Extra knowhatimsayin's,


Is that like onion or what?


--------------------
Let it be seen that you are nothing. And in knowing that you are nothing... there is nothing to lose, there is nothing to gain. What can happen to you? Something can happen to the body, but it will either heal or it won't. What's the big deal? Let life knock you to bits. Let life take you apart. Let life destroy you. It will only destroy what you are not.
--Jac O'keeffe

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Jokeshopbeard]
    #25548730 -

Jokeshopbeard said:
Fiery said:
Extra knowhatimsayin's,


Is that like onion or what?


Something like that, depends on the kitchen watcha gonna get with a "gnowwhati'msayins"....

might be onions, spit , or a sack of drugs, or the number to a fine stripper named Nancy who does tit jobs.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery] * 1
    #25548735 -

Tit jobs are the worst form that a woman can use to fuck your dick.

I'll take onions and spit over one of those.

Wit cheese.


--------------------
Let it be seen that you are nothing. And in knowing that you are nothing... there is nothing to lose, there is nothing to gain. What can happen to you? Something can happen to the body, but it will either heal or it won't. What's the big deal? Let life knock you to bits. Let life take you apart. Let life destroy you. It will only destroy what you are not.
--Jac O'keeffe

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: psi]
    #25548738 -

psi said:
This is the machine I got: http://www.pennysorter.com/products/sorting-machines

Basically it's a coin hopper hooked up to a coin comparator. The coin comparator tests each coin against a reference coin that you leave in it. The hopper is pretty fast but also very noisy.

This is the forum I used to be active on: http://realcent.org/

Found buyers on there for pennies and nickels in the past. But looking now it seems like most of the stuff people are selling is precious metals.


Do you still have the machine, or did you sell it aftermarket?

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: larry.fisherman]
    #25548743 -

XLCaps said:
Definitely works on new Canadian pennies though, I know because I was using coins to show my son magnets maybe a week or so ago. If you're right you're right but if there's any doubt then looking in to it could save you a lot of work.


There were also some zinc pennies in Canada that will not stick to a magnet. But in the US it would not help you, except to get out any Canadian steel pennies or WW2 American steel ones.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548746 -

Fiery said:
Do you still have the machine, or did you sell it aftermarket?


I still have it but I'm not sure where the power cord is. Apparently it's pretty particular about not having a noisy power source.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: psi]
    #25548754 -

Did you turn a profit?

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: psi]
    #25548770 -

psi said:
Fiery said:
Do you still have the machine, or did you sell it aftermarket?


I still have it but I'm not sure where the power cord is. Apparently it's pretty particular about not having a noisy power source.


Well dang, you aught to find it and resell it on ebay to some American .



Also. Did you ever melt any of the pennies your self?

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: John Nada]
    #25548772 -

I made a profit sorting by hand and invested it into buying the machine, but I didn't really end up sticking with it after that.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548775 -

Fiery said:
Also. Did you ever melt any of the pennies your self?


No, that would be illegal here. And I don't have the setup for it anyway.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: psi]
    #25548779 -

psi said:
Fiery said:
Also. Did you ever melt any of the pennies your self?


No, that would be illegal here. And I don't have the setup for it anyway.


Dang. I just googled it. Even after the penny was done away with, you still can't melt it. !! bollocks .


Here in America, people sell copper pennies for 2x face value all day on eBay I just saw. So at the very least I can unload them there.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548787 -

From what I understand, it was legal for me to ship Canadian coins to the US, and it would be legal for the buyer to melt them there if they wanted, but me shipping them knowing for sure that they would be melted might have been a problem.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: psi]
    #25548801 -

True. There's a law about that for U.S. pennies too. I forget the limit but it would be impractical/illegal to ship or transport enough copper pennies cross either border to make it worth it.


Sort of makes me mad though. Work hard, pay 20% taxes. and then, can't even do with our own money what we like!


What if I melt down pennies into bullets. or like, a bronze statue. HOW WILL THEY FIND OUT!?

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548811 -

Fiery said:
What if I melt down pennies into bullets. or like, a bronze statue. HOW WILL THEY FIND OUT!?


DON'T TAKE THE LORDS NAME IN VEIN,


--------------------
Let it be seen that you are nothing. And in knowing that you are nothing... there is nothing to lose, there is nothing to gain. What can happen to you? Something can happen to the body, but it will either heal or it won't. What's the big deal? Let life knock you to bits. Let life take you apart. Let life destroy you. It will only destroy what you are not.
--Jac O'keeffe

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Jokeshopbeard]
    #25548814 -

Jokeshopbeard said:
Fiery said:
What if I melt down pennies into bullets. or like, a bronze statue. HOW WILL THEY FIND OUT!?


DON'T TAKE THE LORDS NAME IN VEIN,

:confused:

I'll bet they have one of those expensive handheld radiology guns to test the exact metal content.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548840 -

Fiery said:
Lophosaurus said:
Sounds like a big waste of life. You're actually spending money on this. You would be better off going through trash for broken electronics, begging, or just getting a normal job and enjoying your free time.



Sounds like you are a big waste of life too.. coming here to this thread to give negativity and false opinions.

Do yourself a favor and don't come back. I made this thread to discuss positive ideas and things.


If it's not your cup of tea, well. Royally remove yourself. Thanks


Fuck off. Don't start a thread asking for opinions if you can't handle them. I don't care what you do. You're the one who made the thread asking. If you want to spend your life sorting pennies then go ahead, be poor forever. I don't care.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548841 -

Fiery said:
True. There's a law about that for U.S. pennies too. I forget the limit but it would be impractical/illegal to ship or transport enough copper pennies cross either border to make it worth it.


Yeah for pennies it was not worth it for me to ship to the US, but I did with nickels. The guy who was buying pennies from me I was meeting up with in person locally. I met him through that forum. He was this Asian guy in his 20s.

I think most people don't intend on actually melting them, but who knows.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Lophosaurus]
    #25548845 -

Lophosaurus said:
Fiery said:
Lophosaurus said:
Sounds like a big waste of life. You're actually spending money on this. You would be better off going through trash for broken electronics, begging, or just getting a normal job and enjoying your free time.



I made this thread to discuss positive ideas and things.


If it's not your cup of tea, well. Royally remove yourself. Thanks


Fuck off.  I don't care.


No you. You're being inflammatory, and now you're trolling my thread. Lay off pal. I'm trying to be nice about it.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: psi]
    #25548847 -

psi said:
Fiery said:
True. There's a law about that for U.S. pennies too. I forget the limit but it would be impractical/illegal to ship or transport enough copper pennies cross either border to make it worth it.


Yeah for pennies it was not worth it for me to ship to the US, but I did with nickels. The guy who was buying pennies from me I was meeting up with in person locally. I met him through that forum. He was this Asian guy in his 20s.

I think most people don't intend on actually melting them, but who knows.


yeah. I just checked out some posts on the forum. Lots of people are finding coins considered "numismatic" .... which would highly override the value of the copper.

WHich would also be an advantage of sorting by hand.

Thanks for the tips! Do you do any other sort of hobbies like that these days?

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25548861 -

Fiery said:
Am I wasting my time?


You asked if you are wasting your time and I gave my honest opinion.y There is no such thing as a false opinion. I don't base my opinion on what is positive or what makes you feel good and I definitely don't care if you like it. Block me if you don't want to see what I have to add. It's really that easy.

I even followed up with really good advice and you're having a full melt down.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Lophosaurus]
    #25549001 -

to each their own but i would argue this is a serious waste of time. you would turn better profits getting aluminum from garbage cans, and collecting other scrap metals off craigslist.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: saythatagain]
    #25549400 -

Quote:
saythatagain said:but it is pretty cool having tens of thousands of pennies sitting around.


lol


--------------------

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Bridgeburner] * 1
    #25549435 -

get rich quick


take out all your money at the bank in pennies
melt it down
extract copper
sell copper
go back to bank
buy more copper
repeat
profit


--------------------
[quote]koods said:
Asante, I don’t think we should have any sympathy and should celebrate the deaths of antivax/antimask activists. They are responsible for far more American deaths than al Qaeda ever was. Every time one of them dies ther movement of death is weakened.ut[/quote]

[quote]koods said:
Chasing variants with vaccines is a dumb idea[/quote]

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: paradoxlost]
    #25549607 -

I think that's illegal :tinfoil:


--------------------

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Bridgeburner] * 1
    #25550002 -

The cost of sourcing adequately dated pennies, driving the loot across town, sorcing equipment to melt them down and spending actual time doing so would be a net loss unless done with enough pennies to purchase a house, which would take up enough space that you're losing money on the space needed to house the pennies through rent and mortgage payments.

You could take the 25 dollars, buy something for cheap and sell it online for more and it would take less time and work than melting down pennies and sourcing a copper buyer that will give you market value for street copper.

Shoot, you'll get more material going dumpster diving for discarded scrap.

Edited by PatrickKn (10/19/18 12:00 PM)

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: PatrickKn]
    #25550190 -

Yeah. I also dumpster dive for scrap, and have two jobs. So, this penny thing will just be a side gig.


BTW, out of 2500 pennies, I found 7 wheatbacks( One dated 1919!) and aprox. 300 copper ones. So about 12%?

also, 1 dime(wtf?)


My bank has a free coin counting machine too, so. I don't have to re-wrap them or lose money at a coinstar.

YAY

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25550271 -

So what's the plan for selling the pennies? Who will pay 112% for a penny?

I have a whole trash can full of copper you could have if you were near me. People give away free copper everyday on craigslist. A bunch of other shit too. Like people with fruit trees will let people come and pick as many fruits as they can handle for free. You could collect fruit and sell it on the corners or at the Home Depot like the Mexicans do. Fix up free grills. This penny collecting scheme is going to put you in the cheese line if you keep it up.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Lophosaurus]
    #25550278 -

Lophosaurus said:
Who will pay 112% for a penny?


The biggest group into pennies and nickels as an investment seems to be survival nuts.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: psi]
    #25550312 -

.

Edited by Mandarinfish (07/19/20 04:45 AM)

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Mandarinfish]
    #25550404 -

what do u do with the pennies scrap em?

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: CHeifM4sterDiezL]
    #25550434 -

Found a 44 wheatback three other day.

$6 potentially

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: saythatagain] * 1
    #25550452 -

saythatagain said:
I used to do this. Definitely not worth the time but it is pretty cool having tens of thousands of pennies sitting around.


:lolwut:


--------------------

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: sh4d0ws]
    #25550487 -

seriously having that many pennies would be a nightmare for me

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: CHeifM4sterDiezL]
    #25551251 -

People pay 2x face value for copper pennies on ebay.. all day long, every day.

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Re: So I traded $25 US for Two Thousand and Five Hundred Cent coins at the bank [Re: Fiery]
    #25551449 -

Melt that shit and make some money!

Mushroom growing is illegal but that isn't slowing us down now is it.

I would rather get busted trying to melt pennies than get charged with manufacturing pysilocybin.


--------------------
Life. 2008

Ascension Energy | UFOs | 2021

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