The Copper Penny Mine
Uploader Comments (copperpennymine)
Top Comments
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Is this shot by Toby from "The Office"? lolol
All Comments (50)
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@MrJuwillia What's your point? It wouldn't really pay to hoard these coins for the copper, now would it? Their face value is worth more than the copper they contain.....
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@rsn071 hahaahahahha
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Problem is, you have to do appx. 8 boxes of copper pennies, $20 of pennies in each box, just to break even on the Rydale sorter. I bought the same mechanism Rydale uses on Ebay for $15 ($25 delivered) and am building my own feeder.
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I save all pennies older than 1983
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Where did u bougjt that machine ? Please tell me and how much did u pay for it
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@copperpennymine No doubt! Fortunately for me, the tellers at the bank where I live are quite respectable. The last teller I met actually knew my family personally without me knowing it at first.
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@MrJuwillia but what the face value?
Are there fees for this, I find it out banks will charge for certified checks but not this,.
cberg45 5 months ago
@cberg45 At my bank, I avoided all fees by using my personal account. Sure the tellers were annoyed, but that is their problem.
copperpennymine 5 months ago 5
Isn't it better to work an extra hour /overtime then waste time sorting through silver and copper, unless its a hobby, the main problem is storage, however the logic used is correct, that folks back in the 60s did not realize silver would be worth it today, however the same logic could be applied to zinc pennies, already zinc is being saved in uncirculated condition
cberg45 5 months ago
@cberg45 Saving the copper on a small scale is a wealth increasing hobby. Sorting pennies delivered by the truckload with eddy current sorters can be profitable.
copperpennymine 5 months ago