Guess the final total
May 22nd, 2017 at 1:29:35 AM
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Guess the final total
Won an unusual lot at an auction today.
A plastic bucket weighing 42 pounds. Its loaded with US coins and allegedly unsearched. Auctioneer grabbed a handful and laid them out. That sample was mostly pennies. I'd estimate the percent was around 89% pennies 9 % nickels, there was a single quarter and the rest were dimes.
Of the hundred pennies, a few were very shiny and one shiny one was a Wheat penny so there may be some value above face.
Newer pennies weigh less than pre 1982 ones, so hopefully there are more modern ones than older.
I'll be cashing them in this week. I think I can do it without rolling them but am not certain.
I paid $71 all in for it, a bit more than I would have liked.
Closest guess wins bragging rights and three likes on posts of their choice. Everyone who enters gets their very own post in this thread. You can be over or under. Hit the number on the head and awards triple.
Won an unusual lot at an auction today.
A plastic bucket weighing 42 pounds. Its loaded with US coins and allegedly unsearched. Auctioneer grabbed a handful and laid them out. That sample was mostly pennies. I'd estimate the percent was around 89% pennies 9 % nickels, there was a single quarter and the rest were dimes.
Of the hundred pennies, a few were very shiny and one shiny one was a Wheat penny so there may be some value above face.
Newer pennies weigh less than pre 1982 ones, so hopefully there are more modern ones than older.
I'll be cashing them in this week. I think I can do it without rolling them but am not certain.
I paid $71 all in for it, a bit more than I would have liked.
Closest guess wins bragging rights and three likes on posts of their choice. Everyone who enters gets their very own post in this thread. You can be over or under. Hit the number on the head and awards triple.
The older I get, the better I recall things that never happened
May 22nd, 2017 at 1:58:14 AM
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$1,000,000,000
I am a robot.
May 22nd, 2017 at 3:05:18 AM
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$80
Did you have to pay shipping or was it cash on collection?
Did you have to pay shipping or was it cash on collection?
Last edited by: OnceDear on Jun 4, 2018
Psalm 25:16
Turn to me and be gracious to me, for I am lonely and afflicted.
Proverbs 18:2
A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
May 22nd, 2017 at 3:21:55 AM
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$99.99
Once you are done looking for baffalo nickles and so on, you can use the coinstar thing at ellis island for free.
Once you are done looking for baffalo nickles and so on, you can use the coinstar thing at ellis island for free.
May 22nd, 2017 at 3:37:42 AM
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Don't they only give free play?
The older I get, the better I recall things that never happened
May 22nd, 2017 at 3:39:05 AM
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It was a live action down the street from my house that happens every Sunday.
Cash on pickup.
Cash on pickup.
The older I get, the better I recall things that never happened
May 22nd, 2017 at 3:43:05 AM
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Coincidentally a #3 horse called Pounds to Pennies went down yesterday, can't remember which track. A rare event, the race was a no contest, the 5 horse I believe called Magic Hat didn't go down, unseated her rider, was getting in the way and they called off the race. I had #3 so was grateful.
I am a robot.
May 22nd, 2017 at 4:55:55 AM
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$72.86
May 22nd, 2017 at 5:08:40 AM
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$104.18
May 22nd, 2017 at 6:27:03 AM
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$132.59
My local bank (Credit Union, actually) has a coin-counting machine that is free to use for account holders making a deposit. You might want to check with banks/CU's out there to see if any offer a similar deal.
This was years ago, but I cashed in some coins at a Coinstar machine and got 100% back as an Amazon gift card -- not straight cash, but better than 93%. Not sure if they offer this any more. It was only offered at select Coinstar machines at the time.
My local bank (Credit Union, actually) has a coin-counting machine that is free to use for account holders making a deposit. You might want to check with banks/CU's out there to see if any offer a similar deal.
This was years ago, but I cashed in some coins at a Coinstar machine and got 100% back as an Amazon gift card -- not straight cash, but better than 93%. Not sure if they offer this any more. It was only offered at select Coinstar machines at the time.
"Dealer has 'rock'... Pay 'paper!'"
May 22nd, 2017 at 6:35:44 AM
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Based on your description you have approximately 80.00. I am going to go with 78.88 as my guess.
May 22nd, 2017 at 6:53:38 AM
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105.11
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
May 22nd, 2017 at 7:34:29 AM
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$97.82
May 22nd, 2017 at 8:03:54 AM
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Total = $89.88... if your estimates are correct, then I should be correct too =).
Playing it correctly means you've already won.
May 22nd, 2017 at 8:38:23 AM
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My estimates are based on a very small sample.
The older I get, the better I recall things that never happened
May 22nd, 2017 at 9:07:54 AM
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124.82
Nuff said.
Nuff said.
If the House lost every hand, they wouldn't deal the game.
May 22nd, 2017 at 9:50:55 AM
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$23,743.00
If'n I'd a knowed you wanted to have went with me - I'd a seen that you got to get to go.
May 22nd, 2017 at 9:52:40 AM
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Tree fiddy.
DUHHIIIIIIIII HEARD THAT!
May 22nd, 2017 at 10:19:35 AM
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Quote: billryanNewer pennies weigh less than pre 1982 ones, so hopefully there are more modern ones than older.
OTOH, aren't copper (pre-1982) pennies worth more than 1c each just for their metal?
May 22nd, 2017 at 10:55:59 AM
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$108.88
I think it's fun to look for "treasure". Some pennies are very valuable. One guy recently paid $2.6M for a single penny
I think it's fun to look for "treasure". Some pennies are very valuable. One guy recently paid $2.6M for a single penny
Simplicity is the ultimate sophistication - Leonardo da Vinci
May 22nd, 2017 at 10:58:09 AM
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Quote: ThatDonGuyOTOH, aren't copper (pre-1982) pennies worth more than 1c each just for their metal?
I, too, wondered why Bill was hoping that the pail had more modern pennies. But then I calculated that forty pounds of new pennies has a face value of $72.57 while the same weight of old pennies would be only $58.34.
I have a lot of free time to look through coins for value, but if I were to use Coinstar I would want all new pennies.
May 22nd, 2017 at 11:18:31 AM
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$249.45
Don't forget, "FREE" is a four letter word.
May 22nd, 2017 at 11:38:21 AM
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By order of the Treasury, no US business can melt down US pennies or nickels for their metal value.
My eyes also have trouble reading dates on most circulated pennies so if not wheaties, they will be lumped together
My eyes also have trouble reading dates on most circulated pennies so if not wheaties, they will be lumped together
The older I get, the better I recall things that never happened
May 22nd, 2017 at 11:43:28 AM
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Quote: billryanBy order of the Treasury, no US business can melt down US pennies or nickels for their metal value.
Now how in the world are they going to catch anyone melting or burning money?
https://youtu.be/razVMdKTrHg
DUHHIIIIIIIII HEARD THAT!
May 22nd, 2017 at 12:56:34 PM
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I don't even have to click that link to know what one it is.Quote: IbeatyouracesNow how in the world are they going to catch anyone melting or burning money?
https://youtu.be/razVMdKTrHg
So fake..
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
May 22nd, 2017 at 12:58:43 PM
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Quote: AxelWolfI don't even have to click that link to know what one it is.
So fake..
Have you seen the guys with the hydraulic presses?
Or the guys destroying change on railroad tracks. :-)
DUHHIIIIIIIII HEARD THAT!
May 22nd, 2017 at 3:26:32 PM
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The pail was "unsearched" just like the lockers on Storage Wars are "unsearched"
May 22nd, 2017 at 3:30:05 PM
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Quote: JohnzimboThe pail was "unsearched" just like the lockers on Storage Wars are "unsearched"
YUUUUUUUUPPPP!!!
DUHHIIIIIIIII HEARD THAT!
May 22nd, 2017 at 3:51:38 PM
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Quote: IbeatyouracesHave you seen the guys with the hydraulic presses?
Or the guys destroying change on railroad tracks. :-)
We did this a lot as kids.
I also have a wallet of rolled imprinted pennies. Maybe 30 of them. My ex and I made a game of finding the cold press machines at attractions and getting souvenirs for several years. Those work best with the older pennies, and I'm not sure they work at all with the newest zinc ones. I'm guessing the malleablity is a lot less on those.
We also used the old ones to fix fuse boxes when we ran out of fuses. Worked well. Didn't really address the problems on the lines that would cause the fuses to blow, though (kids, don't try this at home).
If the House lost every hand, they wouldn't deal the game.
May 22nd, 2017 at 6:52:06 PM
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Quick update.
Preliminary search revealed $12.40 in nickels, $6.80 in dimes, .75 cents in quarters.
However, it also contained three silver dimes, 12 silver nickels, a choice AU+ 1935 Buffalo Nickel, well over 300 Wheat pennies, three Indian Heads and four 1968 Canadian dimes that are 50% silver. Close to 40 Steel pennies.
I have to sort them some more, I'm sure I missed some Wheat pennies, at a minimum.
I have 30 rolls of pennies wrapped and haven't put a dent in them.
Preliminary search revealed $12.40 in nickels, $6.80 in dimes, .75 cents in quarters.
However, it also contained three silver dimes, 12 silver nickels, a choice AU+ 1935 Buffalo Nickel, well over 300 Wheat pennies, three Indian Heads and four 1968 Canadian dimes that are 50% silver. Close to 40 Steel pennies.
I have to sort them some more, I'm sure I missed some Wheat pennies, at a minimum.
I have 30 rolls of pennies wrapped and haven't put a dent in them.
The older I get, the better I recall things that never happened
May 22nd, 2017 at 6:56:38 PM
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Quote: IbeatyouracesNow how in the world are they going to catch anyone melting or burning money?
https://youtu.be/razVMdKTrHg
You can legally burn money and melt down any US coin except pennies and nickels. You also can't export more than $5 of either of them or a combination of the two.
I am not aware of anyone being charged for any of this, but no commercial smelter will touch them.
$5 worth of Jeffersons contains about $7 worth of scrap metal.
The older I get, the better I recall things that never happened
May 22nd, 2017 at 7:04:12 PM
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Is this the hot new trend y'all young whippersnappers are in to? First it was pockets, then the Internet, and now it's guessing $$$ of coins in a container.
May 22nd, 2017 at 8:13:34 PM
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Quote: RSIs this the hot new trend y'all young whippersnappers are in to? First it was pockets, then the Internet, and now it's guessing $$$ of coins in a container.
Only the koolest of the kool.
The older I get, the better I recall things that never happened
May 23rd, 2017 at 10:13:10 AM
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Quote: billryanQuick update.
Preliminary search revealed $12.40 in nickels, $6.80 in dimes, .75 cents in quarters.
However, it also contained three silver dimes, 12 silver nickels, a choice AU+ 1935 Buffalo Nickel, well over 300 Wheat pennies, three Indian Heads and four 1968 Canadian dimes that are 50% silver. Close to 40 Steel pennies.
I have to sort them some more, I'm sure I missed some Wheat pennies, at a minimum.
I have 30 rolls of pennies wrapped and haven't put a dent in them.
Congratulations! The nickle alone may have put you ahead on your total investment.
Simplicity is the ultimate sophistication - Leonardo da Vinci
May 23rd, 2017 at 10:55:02 AM
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It goes for $10-15 on eBay, the silver nickels go for about a buck each and the steel pennies will bring $10 for the lot. I'm at 42 rolls of pennies and no end in sight. Found another Indian Head, and many more wheaties..
The older I get, the better I recall things that never happened
May 23rd, 2017 at 7:01:03 PM
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What's the hourly on this play including time for selling and mailing?
May 23rd, 2017 at 11:13:44 PM
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I'm rolling them while I watch television so its no big deal. I list 25-50 Ebay items a week and hit the PO three times so no extra work there.
At auctions, I usually try to hit doubles and get an occasional homerun. This is a swinging bunt. At the same auction I bought an autographed Marc Ecko shirt I sold for a $278 profit in 24 hours so all is well. Might have hit a Grand Slam on an item, but I'm still researching just what it is I have.
At auctions, I usually try to hit doubles and get an occasional homerun. This is a swinging bunt. At the same auction I bought an autographed Marc Ecko shirt I sold for a $278 profit in 24 hours so all is well. Might have hit a Grand Slam on an item, but I'm still researching just what it is I have.
The older I get, the better I recall things that never happened
May 31st, 2017 at 10:42:05 AM
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Quote: billryanGuess the final total
Won an unusual lot at an auction today.
A plastic bucket weighing 42 pounds. Its loaded with US coins and allegedly unsearched. Auctioneer grabbed a handful and laid them out. That sample was mostly pennies. I'd estimate the percent was around 89% pennies 9 % nickels, there was a single quarter and the rest were dimes.
Of the hundred pennies, a few were very shiny and one shiny one was a Wheat penny so there may be some value above face.
Newer pennies weigh less than pre 1982 ones, so hopefully there are more modern ones than older.
I'll be cashing them in this week. I think I can do it without rolling them but am not certain.
I paid $71 all in for it, a bit more than I would have liked.
Closest guess wins bragging rights and three likes on posts of their choice. Everyone who enters gets their very own post in this thread. You can be over or under. Hit the number on the head and awards triple.
How did this turn out?
Simplicity is the ultimate sophistication - Leonardo da Vinci
May 31st, 2017 at 11:53:19 AM
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I've been really busy and haven't finished rolling them.
The older I get, the better I recall things that never happened
May 31st, 2017 at 12:16:52 PM
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Quote: billryanI've been really busy and haven't finished rolling them.
I hope you are APing them and shorting each roll by 1 penny. The is a 2% edge
Expect the worst and you will never be disappointed.
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