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Free Money!!! 100% Return Overnight.

Did you know it takes approximately 146 copper pennies to make a lb.?

Did you know copper is currently around $4.00 a lb.?

Free Money!

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Here's my challenge

I tried talking sense to you guys here with my experience and understanding, only to be ridiculed and accused of trolling.

Here is my challenge, when any of you actually made your money, brag to me about it here.
http://dailypaul.com/node/149454

Please prove me wrong.

Totally agree!!!

No idea why people tend to believe things that are too good to be true. There's no such thing as free money, whether that's melting pennies, or um..."government grants".

Remember that guy with the suit made of fabric with question marks? He was pitching free money too.

Caveat Emptor.

What is

the history of the melting coin laws? How long was the ban on melting silver coins? When do you think the current nickel will be replaced. Once the new nickels (assuming they make them) become prevalent, do you think the melting ban will be lifted?

Brad

Honestly, in a year or so it don't think it will matter

just like we have junk silver coins now that no one has to melt to sell as silver I think we will see the nickel and pre 1982 pennies become junk copper. As coins it will be more obvious they are legit than as melted down metal. Look at Argentina, and India both have good examples of coins whose real value overshot their face value.

*May the only ones to touch your junk, be the ones you want to touch your junk.*

I'm a coin collector.

I go out of my way to get pennies.

When I make a purchase I always look at the cash drawer when it's open. If there's a lot of pennies in the bin I'll ask for all of my change in pennies. I get funny looks but I don't care. I just explain that I'm a coin collector and that's usually all it takes and they're usually happy to get rid of them.

Those little "Take a penny" trays aren't immune to my collecting habits either. I'll unashamedly cherry pick the copper pennies (nickels too) out of them and exchange them for a dime or a quarter or whatever. C'mon - it's not like I'm stealing or anything.

If I'm over at someone's house and I see they've got a big jar of coins, I'll offer to exchange worthless green paper for all their metal. Their eyes usually light up. "You mean you WANT those nasty things?" Clueless sheeple.

You can also go to any bank and simply buy rolls of pennies. I used to do this alot but when I realized I had 4 pickle jars full of unsorted pennies I figured that was enough.

Sorting is easy with the exception of the ones dated 1982 (copper pennies 3.1g, zinc pennies 2.5g). You'll need a gram scale. Just go to your local Head Shop and buy a cheap $5 gram scale commonly used to weigh out MJ bags. If the guy behind the counter with the bloodshot eyes gives you a questioning look just explain that you're going to be weighing pennies. He'll smile, wink and nod his head knowingly. "Ah okay dude - 'coins'. Hmm... that's a new one." Be sure to ask for your change in pennies.

I keep ALL copper Lincoln cents and ALL nickels. I have doubts about the whole "melt 'em down" idea. Copper cents are now worth about 2.5 times their face value and nickels are worth 1.2 times face. But that's the "melt" value. There may come a day soon when these coins will trade for a real premium, but it's not here yet. If you were to take a hundred copper pennies into a coin shop and ask for $2.50 they'd laugh at you. He'd wouldn't offer any premium because he can go to any bank and do the same thing as you. It's not that hard.

are you familiar with

are you familiar with portlandmint dot com?

they sell bulks of copper pennies for people who can afford to store and wait.

(i have never bought from them, but they have a toll free number to call)

please stop trolling for your website

.

Troy I am on your side but?

If a troll, link please?

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

BKV

BKV

is a search engine optimization troll who is using the topic to gain credibility for his failed business adventure. Let's count how many times he's dropped his website...

"If you don't have time, or don't have money to get a machine (most of you won't), you can buy them directly from PortlandMint.com" --BKV, Sat, 11/13/2010 - 16:45

"if you want to have copper pennies w/o sorting, portlandmint.com sells them " --BKV, Sun, 11/14/2010 - 19:34

"are you familiar with portlandmint dot com? they sell bulks of copper pennies for people who can afford to store and wait." --BKV, 11/14/2010 - 21:00.

"If you think you can sell copper pennies for more than $3/ lb, try buying them from portlandmint.com" --BKV on Sat, 11/13/2010 - 16:49.

"And I can tell you for a FACT that buying pre-sorted portlandmint.com pennies would be the most effective if you're serious of doing it at a big scale" --BKV, Sat, 11/13/2010 - 20:56.

"if you can do it for cheaper than portlandmint, I'll buy from you,." "I GUARANTEE [it]."--BKV, Sat, 11/13/2010 - 20:56.

"I saw this on Portlandmint.com" -- BKV on Sat, 11/13/2010 - 16:50.

"STFU about 'I can do it cheaper than Portland Mint' because you CAN'T." BKV on Sat, 11/13/2010 - 21:21.

"You might as well buy 2 shipments from PortlandMint.com" --BKV on Sat, 11/13/2010 - 16:56

"So for the sake of saving money, time, and labor..., try buying a box from portlandmint and see if you actually like having that around." --BKV on Sat, 11/13/2010 - 16:56

"your ... alternative is to buy big boxes from Portlandmint.com" --BKV on Sat, 11/13/2010 - 17:03.

"You [can try to] ... compete with portlandmint's prices and services" BKV on Sat, 11/13/2010 - 17:03.

"Lastly, I DO NOT work for portlandmint, I've never bought from them," --BKV on Sat, 11/13/2010 - 17:03.

Read the comments. He's a broken record of a used car salesmen.

This is why it's like talking to a wall when you explain to him that a face-value nickel has more store value than the pennies he's trying to hawk.

at the moment of writing this i noticed he already succeeded. you may notice portlandmint is now advertised in google's adwords directly under quiltsando's liberty symbol icon.

Wow,Troy !

O.K. I have a list in my face!
Thank you for all the time it took to put this together.I am totally impressed with reference.

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

aside from nickels

SEO is my thing. =)

by the way, here's the ad he succeeded in cross-referencing in google's index:

http://img695.imageshack.us/img695/2452/trollportland.gif

so even if you don't see it, today. you can count on adwords displaying it to others on other websites who have the same browsing tendencies as dailypaulers...

actually troy, I started by

actually troy, I started by mentioning it ONCE, it's only after clueless kids like you kept posting nonsense that I challenged you to show if you can do better.

I stand by my words, FEEL FREE TO INVESTIGATE, I have no connection to any site that sells copper pennies. I challenged you to find me a place that sells cheaper than them, YOU FAILED (I'd love to find one, help me).

If portland mint is a failed venture, then YOU will fail even worse, because you've not sold (or even tried) to sell ANY.

I ONLY posted portland mint for the sake of showing their copper pennies are cheaper than actually sorting them yourself. For nickels, it's useless, anybody can get them at face value. FIND ME ONE post where I have EVER contradicted this.

You have to this moment, FAILED at
- showing what profit you made, despite claiming you get 20% "just by dropping by the bank"
- showing who has EVER bought nickels above face
- showing who can sell copper pennies for less than 2x face value
- showing you can sort and collect them for cheaper than 2x face value
- showing who'd buy them for more than 2x face value.

Thanks Troy

I just like nickles.I find war nickles all the time that go unnoticed.

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

Feel free to ask Michael to

Feel free to ask Michael to investigate, my goal was NOT to promote portland mint, I have no connection to them, never called them, never e-mailed them, I live nowhere near them either.

I only mentioned them again and again to those who are clueless about copper pennies.

I AM aware of the "melt value" of nickels, but SHOW ME ONE PERSON who has actually sold nickels for "melt value". I've followed coinflation since 2007, and NEVER has anybody bought SILVER coins at melt, never mind selling copper or nickel mix coins at melt.

At one time I bought 2x face value for copper pennies, this was when the melt value was 2x face value. So it was a fair price, minus the labor, OR SO I THOUGHT.

Today, you can STILL buy copper pennies for UNDER 2x face value, when melt value is MUCH HIGHER. If you can sell them at melt value for a profit, PLEASE BRAG TO ME.

Much of the confusion troy had with me was, that he thought I was talking about nickels when I was talking about copper pennies. But I've challenged him TIME AND AGAIN, AND HE'S FAILED to show me EVEN ONCE when he's been able to sell his hoarded nickels for ANYTHING.

I'll say again, I've NEVER encouraged anybody to hoard nickels (much less buy them). But I've recommended people buy copper pennies under melt in the hundreds if they're serious (and only if, I don't consider it a good investment myself).

troy can call me a troll all he wants, he doesn't know what he's doing and he's not made any money from it (PROVE ME WRONG KID, I DARE YOU)

I'm a copper hoarder, here are the facts

Currently, copper pennies (pre-1982) only consist of 15% of the penny supply, so have fun filtering through them. (Think about how you go about recirculating the zinc pennies)

Now, if you're serious and want to go hardcore, there's a machine called Ryedale sorter, Google it yourself, it's not cheap, it costs $500.

If you don't have time, or don't have money to get a machine (most of you won't), you can buy them directly from PortlandMint.com

Currently, 68lbs, sells for $192 including shipping. That's right, only $2.82 per lb.

BAD NEWS.
It's still illegal to melt copper pennies, so hoarding this WILL NOT PAY OFF until you can melt them.

BKV, you don't have kids do you?

What I save will be my sons, by the time he is my age what will they be worth. Definitely more than the current 2.5cents or 6.5 cents. I can look at them in my hand and tell you which is real and which isn't, spending 30 seconds at the end of the day to put real stuff in one jar and the fake in another isn't that hard nor does it require a machine. In the last 2 years I have rolled up about 300 dollars face value of real pennies/nickels. Intrinsic value that is around 800-900 plus.

When my five year old is my age or older and they are his, he may not be rich of it by any means, but he will have something.

In a country that has made it illegal to truly own and pass down anything of value to our kids, I do what I can, when I can Knowledge, history, our culture, morals, a work ethic, skills to feed and clothe himself, make food and fire, work on machinery, and carpentry, and not least of all about 300 bucks face value of pennies and nickels.

Also a good stock of Silver, Gold, and lead encased in copper, along with many mechanisms to propel that lead encased in copper.

*May the only ones to touch your junk, be the ones you want to touch your junk.*

I do not have kids. I

I do not have kids.

I personally think as long as the melt ban is in place, nickels will be hard to sell.

And even when its legal to melt nickels, they won't sell for either copper or nickel, as 75/25 is an awkward composition to separate. but if you're saving nickels, you don't need to roll them. You can walk into a bank and get $500 at a time no questions.

Filtering and sorting copper pennies, I'm just as good as you in eyeballing them, but that too takes time. Rather than sort through $1000 of pennies to get $200 face value. I'd just spend $200 and get $100 face value (68 lbs) delivered to me.

Agreed, something is better than nothing. And everybody has a different idea what is good enough. From my experience, hoarding copper is fun but low profit.

If I go through all the back

If I go through all the back breaking work of lugging around all these pennies and accrue half a ton of pennies, I only make $4K. I dunno, not worth the time nor trouble.

Actually you don't make $400

You only make $254. The pennies were already worth $146.

half a ton is 1000 lbs.

math check.

Add a zero

I missed one somewhere along the line.

I'm buying copper bullion

and eliminating the coin sorting nightmare

Colchester, New London County, Connecticut

if you want to have copper

if you want to have copper pennies w/o sorting, portlandmint.com sells them by hundreds of dollars at a time.

won't solve your melting ban problem, but will save you the sorting time

i've found that copper bullion premiums are just too high

in less you have a good link?

you are correct, most copper

you are correct, most copper bullion has high premimum PRECISELY because copper is still too cheap to matter.

A lb copper doesn't even pay half of minimum wage.

also, it's the nickel metal

in the nickel coin that gives nickel savers the advantage.

so, nickel bullion (if you can find a low premium), would be preferable.

Nickel IS more expensive than

Nickel IS more expensive than copper, but if you were to save nickels for the nickel, it'd still need to be purified.

If you have money to buy nickel bullion, silver might be at least easier to store.

I'm not against investing in base metals, I just think most people don't think about the big picture logistics.

In fact, heard of 999 ni (or .999 nickel)?
It's Canadian nickels, high purity nickel content.

My point in all this is, if you want to profit from base metals from coins. Go as pure as possible.
Get pure copper, or pure nickel.
US nickels will cost too much to smelt, separate, purify...etc.

not worth it at all. I know

not worth it at all.

I know this from personal experience.

(I'm willing to bet I'm the cheapest person on this board)

high fives to my fellow cheap

high fives to my fellow cheap bastard!

LMAO, I have turned into a cheap bastard, too!!

Unfortunately, I was a douchebag in my former life and believed in the spend now, worry about it later mantra.

Well, I'm worried, now.

Cheers,

TimB