How to Get Loads of Copper Pennies

[micmoable]

This kind of reminds me of the time I returned to Walmart with over 200 hotwheel and matchbox cars to get money to help me buy a metal detector--boy folks behind me were not happy waiting around for that returning to end--ha ha

[konzwambii]

Laugh my a88 off if zinc goes higher than copper. All these bozos saved the wrong ones!

[Dismalic]

@eyewarnedyou And we can order pizza and sodas too....your my daddy now. when are we goin to have a penny sorting party dad?

[lovok123]

OK? Who the hell is gonna buy all those pennies for more than 1 cent?

[Denierbud11]

@lovok123

check ebay -- lots of buyers for copper pennies

[kykyzz99]

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[wayne290]

If I was a bank manager and you came in repeatedly with all of those pennies, I would tell you never to return with pennies. You are going to drive them nuts.

[fireworksfan93]

This guy kinda reminds me of Trent Reznor from Nine Inch Nails

[buckeyemike81]

When you order the pennies from the bank do they charge you a fee for that? Also are there limits to how many pennies they will get for you per order or a frequency cap or anything else? This is a very interesting thing, but it seems like it would not be in the bank's interest to help you in any way that would scale well. Someone has to pay to have all these pennies shipped so either the bank eats it (but for how long), or they would need to charge you a fee. Still cool though.

[copperpennymine]

@buckeyemike81 True, the banks eats it. Banks basically find account holders to be annoying whatever they do, because the banks under the Federal Reserve System do not need depositors' deposits. That is why they can charge so many fees and act like they are doing you a favor. Find a bank that is not so bad about that. What is most interesting is how the bank assess the value of the pennies. They weigh them usually, and if their calculated value is near your estimate, they credit your estimate.

[FilteredInc]

@buckeyemike81 More and more banks are starting to charge to get coins. U.S. Bank is one for sure. Try and stick to the small local banks and not the large chains to avoid as many that charge as possible.

[FilteredInc]

@buckeyemike81 Also when you go to a different city or town take some time and just go to several banks (since you don't go to on a regular basis) and just ask to buy some boxes of pennies.

[soverythankful]

Thank you for this info!! Where do you take your pre 82 pennies when you are ready to get the copper value for them?

[copperpennymine]

@soverythankful Where to take your copper pennies is up to your creativity. You could take them to a coin dealer in five pound bags to get him to buy them. You could sell them on eBay like many do if you do not mind paying their commission. Watch my other video for more ideas: Rich from Copper Pennies

[dmenez1]

@eyewarnedyou

so how do u know that pre 1982 pennies are worth $2.89?

and where can i find the proper information to prove what you're saying

thanks

[7777dmith7777]

@dmenez1 Each penny is worth 2 point 89 cents, not dollars numb nuts...

[fetymann]

@dmenez1 it's the price of copper these days, check out coinflation . com under coin calculators

[dishesdealer417]

No, I didn't get her number, why would I do that? I didn't tell her I had over 100 lbs of pennies either. She was saying that her boss was the one that was into this kind of thing. I am just glad that some poeple are aware because they won't be the ones who will be so desperate that they will turn to violence to get some real money in order to be able to buy something to eat.

[copperpennymine]

@eyewarnedyou ditto

[dishesdealer417]

Today I went in to pay my car insurance & I was telling this girl how Bernanke was testifying & gold, silver & copper were shooting up. SHE STARTED TELLING ME how each penny from before 1982 was worth 3 cents etc. I was quite shocked. She said the owner of the insurance agency was always talking about it. I told her that only real metal was valuable and that people were worried they would take dollars into the store and nobody would sell them food with it. She was shocked someone else knew

[copperpennymine]

@dishesdealer417 She sounds like a good find. I am also glad to hear that at least some people are talking about monetary policy in casual conversation. You got her phone number, right?

[dishesdealer417]

I don't know why, but youtube won't let me reply to messages directly, anyway, I live in the Missouri Ozark mountains and my bank is getting quite snippy about it.

[copperpennymine]

@dishesdealer417 Once the bank girl was on the phone with her boyfriend when I walked in and was snippy with me. Give her the 1000 yard stare with silence. Usually works.

[dishesdealer417]

My bank is now saying that you can't get more than $50 a week in bulk pennies to sort, if you do then you have to pay a $30 a week fee for the privelege. Only if you have a business account will they waive the $30 fee. They said it was because so many people were sorting pennies that they can't keep up with the work of managing all the pennies going out and coming back in without charging the $30 fee.

[copperpennymine]

@dishesdealer417 Where are these banks? You have that many penny sorters in your town? Banks are always trying to charge fees, so business accounts usually have their own fee structure. I would change banks.

[wendy2212]

Do they pay you more for the pennies once they know they are all copper?

[copperpennymine]

@wendy2212 Who are "they"?

[atommg05]

wow... peacock got owned =P

[peacock80000]

May I say this....... Here, in the United States, we use CENTS, not PENNIES!

[copperpennymine]

@peacock80000 What an insightful comment! You must be an etymologist and an expert on the development of American English. You and your little friends may say 'cents' and the rest of us, here in the United States, will continue to say 'pennies'. Penny is the coin; cent is its value. What do you call a 'nickel'?

[tapout320]

@copperpennymine I think peacock shouold have used SENSE before he started talking shit.

[copperpennymine]

@tapout320 Indeed!