Penny Price Increase?

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

Penny Price Increase?

Postby Lemon Thrower » Fri Dec 09, 2011 6:51 am

OK so there seem to be a number of factors beginning to work:

- increased number of sorters

- increased number of professional sorters,

- less time remaining to sort

I am going to raise the prices i am charging to 1.75X. It won't be long before pennies get much more scarce.
Lets Go Brandon!
User avatar
Lemon Thrower
Too Busy Posting to Hoard Anything Else
 
Posts: 4063
Joined: Fri Jun 13, 2008 10:00 am

Re: Penny Price Increase?

Postby NHsorter » Fri Dec 09, 2011 7:44 am

I'm not letting anything go for under 2X. I typically don't have patience, but in this case I am holding out. Maybe it's not patience... I think I'm just a tightwad. :)
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
User avatar
NHsorter
Super Post Hoarder
 
Posts: 3303
Joined: Mon May 09, 2011 10:39 am
Location: Live Free or Die

Re: Penny Price Increase?

Postby silverflake » Fri Dec 09, 2011 7:58 am

Anybody have a report from ebay of a pop in prices of late? Interesting stuff for sure.

By the way, NHsorter, I used to live in Grantham NH. You close?

Good luck to all in your penny ventures.
User avatar
silverflake
1000+ Penny Miser Member
 
Posts: 1029
Joined: Wed Nov 24, 2010 9:49 pm
Location: Virginia

Re: Penny Price Increase?

Postby NHsorter » Fri Dec 09, 2011 8:03 am

silverflake wrote:Anybody have a report from ebay of a pop in prices of late? Interesting stuff for sure.

By the way, NHsorter, I used to live in Grantham NH. You close?

Good luck to all in your penny ventures.


I am east of Manchvegas, I don't get up your way very often. I would move north instantly if I did not have a job in Mass.
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
User avatar
NHsorter
Super Post Hoarder
 
Posts: 3303
Joined: Mon May 09, 2011 10:39 am
Location: Live Free or Die

Re: Penny Price Increase?

Postby m21221 » Fri Dec 09, 2011 9:04 am

I'm holding for now, I had guy offer me 1.5 and I said no thanks. Time is on your side with this.
m21221
Penny Sorter Member
 
Posts: 58
Joined: Thu Oct 27, 2011 7:32 am


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 5 guests