| T O P I C R E V I E W |
| Epaphras |
Posted - 11/28/2007 : 19:47:24 Looking through some of the topics, I noticed that there are many that have Ryedales. I do not think I obtain enough cents during the week to make purchasing one of these a wise investment. Obviously, those with Ryedales are big-time sorters, but I wonder if there are any hand sorters who sort just as much ($100 or per week)? |
| 25 L A T E S T R E P L I E S (Newest First) |
| c140cessna |
Posted - 07/18/2009 : 16:31:50 quote: Originally posted by buyingsilvers
arent there only a few hundred ryedales in existence? I'm not surprised.
There might be about 300 or so?
|
| jonflyfish |
Posted - 07/17/2009 : 19:43:39 quote: Originally posted by jonflyfish
Be careful with using a Ryedale. They are VERY addictive.
Jonflyfish, ...(I'm only half joking...of course.)
It's the other half that gives cause for concern! Cheers  |
| Gr33nday43 |
Posted - 07/17/2009 : 02:21:41 quote: Originally posted by jonflyfish
Be careful with using a Ryedale. They are VERY addictive.
Jonflyfish, I've had one before. After selling it I had withdrawals for months...(I'm only half joking...of course.)  |
| daviscfad |
Posted - 07/16/2009 : 18:46:41 I love My ryedale |
| jonflyfish |
Posted - 07/16/2009 : 14:50:08 Be careful with using a Ryedale. They are VERY addictive. |
| Gr33nday43 |
Posted - 07/16/2009 : 11:53:09 My Ryedale will be coming sometime next week, so I will be sorting with a Ryedale. |
| dakota1955 |
Posted - 07/16/2009 : 05:51:02 I use my ryedale and I am not a big time sorter. I like it for the time I save by sorting out the zinc. I then hand sort the copper for wheats and s mint mark. Great time saver. |
| buyingsilvers |
Posted - 07/16/2009 : 04:36:59 arent there only a few hundred ryedales in existence? I'm not surprised. |
| daviscfad |
Posted - 07/15/2009 : 22:33:00 i am pretty shocked only 23 voted they had a ryedale but i guess this is an old post |
| vrbsroma |
Posted - 05/27/2009 : 10:52:36 quote: Originally posted by horgad
I use a half-mechanized system that I built myself for about $35. I would say that it gives me about a 40% improvement over regular hand sorting. Using it I can sort a box of pennies including unwrapping in under 30 minutes (average about 35 minutes).
Right now I have time to sort about 14 boxes a week ($350 a week). With a Ryedale I could easily sort more, but I would be limited to about 25 boxes a week because that is the most zincs that I can reasonably dump a week.
Assuming 25 boxes a week at 28% copper and 1 penny profit per copper, a Ryedale Apprentice would pay for itself after finding 37,900 pennies or in about 2 weeks. Any "hobby" investment that can pay for itself in 2 weeks is pretty darn cheap... IMHO
So what is the cut-off point to make a Ryedale worthwhile? 5, 10, 15 boxes a week? Its impossible to say for sure because it depends on how long you plan on sorting pennies and how long there will be pennies in ciculation to sort.
No matter what I bet it would be a blast to use one. 
Well, what's your $35 invention? Do tell! |
| HoardCopperByTheTon |
Posted - 03/06/2008 : 21:54:04 And here I thought all along I was just sorting too slow.
Those are LONG tons, Andy! .. not short tons.
Got distracted right in the middle of the post by work so I threw in a couple of extra zeros for good measure.
Maybe I was just thinking of how many tons I would like to have. |
| Ryedale |
Posted - 03/06/2008 : 21:49:00 quote: Originally posted by HoardCopperByTheTon
Instead of sorting those other 3 boxes by hand just spend the time acquiring more boxes of pennies. Then you can sort them all very quickly once you get your Ryedale. My only regret on getting my Ryedale was that I waited before ordering it. The sooner you get this fantastic machine the better!
Yes, 3,000,000 copper pennies is a ton if they are US coppers. You are right.. it is fun!
HoardCopperByTheTon, no wonder your tons take so long to build up. Perhaps it should be Hoard Copper by the TEN Tons. Just teasing of course, but I think that Ton is closer to 300,000 coins. I just can't let this slide you know Andy |
| HoardCopperByTheTon |
Posted - 03/06/2008 : 17:15:17 Instead of sorting those other 3 boxes by hand just spend the time acquiring more boxes of pennies. Then you can sort them all very quickly once you get your Ryedale. My only regret on getting my Ryedale was that I waited before ordering it. The sooner you get this fantastic machine the better!
Yes, 300,000 copper pennies is a ton if they are US coppers. You are right.. it is fun! |
| horgad |
Posted - 03/06/2008 : 14:41:03 quote:
Hoarding a ton of copper works out to what...not quite $3,000 face value of the pennies?
At a 20% copper/zinc recovery rate that would be ~$15,000 total pennies to sort.
Whoa. This is gonna be fun!
It is definitely a marathon and not a sprint. I figure that for most people getting $10,000 face of coppers (sort maybe $40,000 face) in a year is a challenge even with a Ryedale and near impossible without one. |
| WilliamC |
Posted - 03/06/2008 : 13:27:59 I just started last weekend and have sorted $125 by hand so far with another $75 waiting at home. Should be able to finish those up this weekend.
But within a week or two at the outside I'll be buying a Ryedale, then trying to push through at least $500 a week, maybe up to $1,000 if I get really serious.
As soon as I start selling copper to recoup some costs I'll see about trying to do more if possible.
Hoarding a ton of copper works out to what...not quite $3,000 face value of the pennies?
At a 20% copper/zinc recovery rate that would be ~$15,000 total pennies to sort.
Whoa. This is gonna be fun!
|
| n/a |
Posted - 01/06/2008 : 03:39:00 On me building sets from those pennys. I pay like 9 bucks for those 1909 thru 1940, 1941 thru 74 , 75 thru 2007 folders from Ce harris.
I build starter sets minus the big keys like 1909s, 1914d, 31s, 09 s .v.b coin. I dont install 1910 thru 1915 s, 24d, 22d, keys.
Most starter sets will sell for around 85 to 100 bucks on ebay as starter sets. Collectors buy them fill them up with keys later. I have not sold any sets yet since I am working them on still. I see other guys selling them on ebay . 1941 thru 2007 sets will sell for 35 to 49 bucks on ebay minus the 1909 thru 1940 section.
The hard part building those sets are 68 thru 74 s mints, 1970 small date 1941 thru 1950 s mints, 55s is tough. 1982 small dates are tough. You may need go thousands of rolls to find decent au/bu coins to install in them. The 1909 thru 40 section is almost cant be done from going thru bank rolls these days.
On me making bu / au rolls of zinc pennys . They buy them on ebay and build roll sets or collect them to build sets. Before I started roll searching. I paid 325 dollars for an complete roll set of cents from 1959 thru 2007 with extra rolls. Reason you sell those sets without books for 20 bucks each. You are looking at 650 bucks profit from those roll sets. They love those 59 thru 2007 bu sets to install in there books. I even building roll set from 34 thru 58 of used brown cents to build sets later. I will buy the 1909 thru 1933 solid date rolls later aslong with 50 Dansco books from wholesaler. I may try find solid date rolls of proof coins later or I may take apart 50 proof sets of each year to build rolls later.
I hoard copper just like you guys. Reason its by product or rejects I dont want install my sets I build. I just roll up those 59 thru 81 junk copper cents and save them just like you guys do. My hoard of junk copper is geting big as I work on building sets. I may build another 50 folders 1941 thru 2007 sets to use up extra rolls of coins I have collected up.
My copper hoard I dont want sell back to bank like I used do intill this year. You guys is why I started saving those 59 thru 81 junk coppers. I amazed on what is happening with those junk copper pennys. I amazed guys hoard those things with melt ban inplace.
Becides me building penny books. I build nickel, dime, half dollar, quarter , Ike dollar books, Gold dollar books also. I build them all. I may take break from pennys and work on searching half dollar boxes for few monlths to pull silver coins. I cant stop in pennys intill I get finished on my sets to invortary for ebay or my dream coin store I want open in 2009 since I am becoming coin dealer becides hobby guy.
Chevrolet454ss |
| fiatboy |
Posted - 01/01/2008 : 20:14:01 quote: Hand sorters or automatic, all input is appreciated on the forum. We are a unique bunch, that is for sure. Big shot or small timer, at least we are participating in the opportunity.
Well said. 
And chevrolet454ss, you're onto something. Selling complete sets is a great way to make money. Before I got my Ryedale, I was able to put together from circulation a complete Lincoln set minus the 1909-s vdb. Took a little while---and a lot of luck. Big bucks in sets and rolls! AU and up, especially. |
| Ryedale |
Posted - 01/01/2008 : 19:49:19 quote: Originally posted by Cody8404
Thanks for all the advise. I really do enjoy watching and talking in this forum.
I am a really small player compared you the other folks here. I now have a total of $100 face value pre 1982 cents.
Hand sorters or automatic, all input is appreciated on the forum. We are a unique bunch, that is for sure. Big shot or small timer, at least we are participating in the opportunity. |
| NotABigDeal |
Posted - 01/01/2008 : 16:50:33 quote: Originally posted by Cody8404
Thanks for all the advise. I really do enjoy watching and talking in this forum.
I am a really small player compared you the other folks here. I now have a total of $100 face value pre 1982 cents.
Don't feel bad about totals. Your $100 is $100 more than most people have. You have the edge on the great majority of the population. Keep it up! Remember you have to crawl before you walk.
I hand sort, for now, but I have been doing way more buying than sorting. Debating on the Ryedale.
Deal
p.s. chevrolet454ss, how much are you getting for the complete sets? By complete do you mean COMPLETE, as in 1909 S V.D.B. and other key dates? |
| Cody8404 |
Posted - 01/01/2008 : 12:53:32 Thanks for all the advise. I really do enjoy watching and talking in this forum.
I am a really small player compared you the other folks here. I now have a total of $100 face value pre 1982 cents.
|
| n/a |
Posted - 12/07/2007 : 01:34:58 I been doing maybe 100 to 50 dollars worth each week. It took serval monlths just get 100 dollars on 59 thru 1981 cents. It has not been an waste doing all by hand without machices. I been installing all the clean zinc pennys in whitmans to sell on ebay becides pulling the 59 thru 81 cents. I have built an totol of 13 1909 thru 2007 pennys books starter sets and I even been making au/bu rolls on zinc pennys.
Some of coin guys on ebay buy those solid date rolls of those zinc pennys and penny collections. In pennys you can make money 3 ways in there. 1. hoarding copper. 2. selling bu/ au coin rolls. 3. Installing them in books for collections.
I hope my sales on my 13 sets and solid date rolls zincs can help me buy rydale machice where I do more like you guys with machices to short . I want buy more pennys each week to hoard more copper I can sell later for silver coins since they take up less space compared to boxs of pennys.
Chevrolet454ss |
| MaDeuce |
Posted - 12/06/2007 : 09:49:34 As I've said elsewhere on this forum, the Ryedale machine rocks. It is a bargain and it works extremely well. I've been using some sophisticated commercial sorters that cost 20x what the Ryedale costs... guess what I use for quality control to check their accuracy? My Ryedale! The great thing about the Ryedale is that it is either working correctly, or it ain't working at all (i.e., it is jammed) - it never mis-sorts. The more sophisticated sorters can subtly misbehave in certain situations, and you'll never know it unless you test their output. Ryedale is the way to go for moderate-scale sorting.
Also, Andy is a great guy and will personally work with you on any problems/questions that you might have. Try getting ScanCoin, Reis, De LaRue, or any of the other bug guys to do that... you'll be paying them $150/hr.
MaDeuce |
| Crash |
Posted - 12/04/2007 : 10:28:21 quote: Originally posted by horgad
quote: Originally posted by Ryedale
Heres a guy with a slightly used Ryedale Sorter, (Apprentice) -snip- Perhaps a good opportunity to anyone thats been teetering on getting a Ryedale Sorter. -snip-
That was truly a selfless tip. You are a giant amongst us penny hoarders. Thank you.
That's no joke. How many people out there that create, manufacture & distribute a product are willing to point out someone else that is selling said product at a possibly cheaper price. Salute to you, Ryedale! |
| horgad |
Posted - 12/03/2007 : 21:29:12 quote: Originally posted by Ryedale
Heres a guy with a slightly used Ryedale Sorter, (Apprentice) -snip- Perhaps a good opportunity to anyone thats been teetering on getting a Ryedale Sorter. -snip-
That was truly a selfless tip. You are a giant amongst us penny hoarders. Thank you. |
| c140cessna |
Posted - 12/02/2007 : 17:46:06 Mostly developed contacts on Ebay - then had additional sales Off-Ebay from a lot of these same customers.
Just get in the game and the market will develop. |