Worth buying presorted pennies 2 cents each?

[sheepdog_tx]

I have an offer to buy virtually unlimited presorted 82s (minus wheats, canadians, odds, foreigns, etc) for 2 cents each. You guys think considering the labor and time its worth it?

 

[sagittarius98]

After consulting with you guys I talked him down to 1.5 cents on the coin (wheats and odds like canadians 99%s included).

Canadian copper coins are between 95 and 98 percent, nickels were 99.9% nickel before 1983.

 

[OldMoney]

Canadian copper coins are between 95 and 98 percent, nickels were 99.9% nickel before 1983.

are you sure about those nickels? my brain is telling me that they have always been and still are 75% copper and 25% nickel (atleast in modern times, 1907 or something until present day)...

 

[sheepdog_tx]

are you sure about those nickels? my brain is telling me that they have always been and still are 75% copper and 25% nickel (atleast in modern times, 1907 or something until present day)...

He's talking Canadian nickels.

Years Mass Diameter/Shape Composition
2000–present 3.95 g 21.2 mm, round 94.5% steel, 3.5% copper, 2% nickel plating
1982–1999 (some production until 2006) 4.6 g 21.2 mm, round 75% copper, 25% nickel
1963–1981 4.54 g 21.21 mm, round 99.9% nickel
1955–1962 4.54 g 21.21 mm, 12-sided 99.9% nickel
1951–1954 4.54 g 21.21 mm, 12-sided chrome-plated steel
1946–1951 4.54 g 21.21 mm, 12-sided 99.9% nickel
1944–1945 4.54 g 21.21 mm, 12-sided chrome-plated steel
1942–1943 4.54 g 21.21 mm, 12-sided 88% copper, 12% zinc ("tombac")
1922–1942 4.54 g 21.21 mm, round 99.9% nickel
1920–1921 1.167 g 14.494 mm, round 80% silver, 20% copper
1858–1919

 

[CoinFetcher]

sheep dog just served up some knowledge on us all.

Thanks mango!

I am about to go purchase 60 canadian quarters for 200 - pre 68s. Hope it's legit! looks like a lot of cougar coins.

 

[MIhunter]

1.5 cents is a better price but I would still think about a ryedale and doing it yourself.

 

[sheepdog_tx]

1.5 cents is a better price but I would still think about a ryedale and doing it yourself.

The great Madwest is passing his considerable knowledge on building your own on me. I hope to be operationable on small scale in a couple weeks, large scale in a months or so.

 

[sagittarius98]

I am about to go purchase 60 canadian quarters for 200 - pre 68s. Hope it's legit! looks like a lot of cougar coins.

The cougars are either 50% or 80%, sound test can work (50% has less of a silver sound than 80%).

Canadian Coin Melt Values - Coinflation can help you with melt values.