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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 05/10/2008 :  23:15:40  Show Profile Send NotABigDeal a Private Message
quote:
Originally posted by mickeyman

Have they announced that they are definitely going to steel nickels in the States?


It's been in the news a lot more lately. Talking about the production costs of pennies and nickels. Steel as an alternative. You never know these days....

Deal

Live free or die.
Plain and simple.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams
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mickeyman
Penny Pincher Member



Canada
243 Posts

Posted - 05/12/2008 :  15:31:11  Show Profile Send mickeyman a Private Message
According to this article, the legislation is making its way through the process. Maybe Bush will veto it. It's already passed the House.

You must be logged in to see this link.

Not all who wander are lost.
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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 05/13/2008 :  14:35:59  Show Profile Send Bluegill a Private Message
quote:
Originally posted by mickeyman

According to this article, the legislation is making its way through the process. Maybe Bush will veto it. It's already passed the House.

You must be logged in to see this link.



I wonder if I should keep the 3 boxes I was going to take back tomorrow...

If the legislation does get to the Presidents desk and he doesn't veto it, would there be a run on nickels...

Those 3 boxes yielded 3 war nick's, 8 100% Canadians and 2 pennies(1 was copper).


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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 05/18/2008 :  18:11:29  Show Profile Send Bluegill a Private Message
Sorted 4 boxes today. I got skunked...

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TenBears
1000+ Penny Miser Member



USA
1021 Posts

Posted - 05/18/2008 :  18:14:04  Show Profile Send TenBears a Private Message
I got $80 last Wednesday which yielded 3 war nickels. Got a box on Saturday and got 1 war nickel.

"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark

there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted

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jadedragon
Administrator



Canada
3788 Posts

Posted - 05/25/2008 :  14:17:05  Show Profile Send jadedragon a Private Message
Canadian Ni sorted over the last several months based on the frequency I have to roll the nickels from the identically sized date range containers.

After all the US coins are sorted out
After all the mint plastic sealed rolls are removed and set aside

I get this approximate ratio.

1 Pure Ni
2 CuNi
4 Year 2000+ to dump
7 total parts


“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog
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Steiner
Penny Collector Member



Canada
278 Posts

Posted - 05/25/2008 :  21:05:35  Show Profile Send Steiner a Private Message
quote:
Originally posted by legacypac

Canadian Ni sorted over the last several months based on the frequency I have to roll the nickels from the identically sized date range containers.

After all the US coins are sorted out
After all the mint plastic sealed rolls are removed and set aside

I get this approximate ratio.

1 Pure Ni
2 CuNi
4 Year 2000+ to dump
7 total parts





I am sorry bit I am bit confused by these numbers. Maybe it is just me.

Could you give us a specific like "after $50 sorted I get these percenatages".

Many thanks

Steiner

Steiner
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jadedragon
Administrator



Canada
3788 Posts

Posted - 05/25/2008 :  22:02:17  Show Profile Send jadedragon a Private Message
quote:
Originally posted by Steiner

quote:
Originally posted by legacypac

Canadian Ni sorted over the last several months based on the frequency I have to roll the nickels from the identically sized date range containers.

After all the US coins are sorted out
After all the mint plastic sealed rolls are removed and set aside

I get this approximate ratio.

1 Pure Ni
2 CuNi
4 Year 2000+ to dump
7 total parts





I am sorry bit I am bit confused by these numbers. Maybe it is just me.

Could you give us a specific like "after $50 sorted I get these percenatages".

Many thanks

Steiner



Sure - These are just rough estimates based on sorting out close to $ 2000 face in Nickels. First I seperate any rolls that are still mint wrapped, and as I don't sort them, they don't count.

I have three sandwich sized plastic dishes. I fill them to the brim, then roll. I fill the 2000+ dish about 4X as often as the Pure Ni dish. I fill the CuNi dish about 2X as often as the pure Ni.

I also get some US coins - but less than 1/3 of the pure Ni ones. Also see a few international coins, pennies etc mixed in.

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog

Edited by - jadedragon on 05/25/2008 22:05:39
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Steiner
Penny Collector Member



Canada
278 Posts

Posted - 05/25/2008 :  23:06:10  Show Profile Send Steiner a Private Message
Got it now. Many thanks

Steiner

Steiner
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jadedragon
Administrator



Canada
3788 Posts

Posted - 05/27/2008 :  05:10:42  Show Profile Send jadedragon a Private Message
Tonight's sort found this roll count (ignoring misc leftover coins)
Rolls
10.29% 7 55-81 = .99 Ni
20.59% 14 82-98 = CuNi
13.24% 9 US (included 6 full US Rolls)
55.88% 38 2000+ (Back to Bank)

100.00% 68

Plus 1 US Silver Nickel (second to date), 1 X 5 cent New Zealand, 1 X 1945 V, and handful of Kings.

But if you take out the full US rolls, but leave in random US coins you get:
Rolls
11.29% 7 55-81 = .99 Ni
22.58% 14 82-98 = CuNi
4.84% 3 US (Random US mixed in)
61.29% 38 2000+ (Back to Bank)

100.00% 62

Compared to my rough overall sorting estimate of:
Parts
13.64% 1.00 55-81 = .99 Ni
27.29% 2.00 82-98 = CuNi
4.50% 0.33 US = CuNi
54.57% 4.00 2000+ (Back to Bank)

100.00% 7.33

Conclusion - tonight's verofied sample of 62 rolls (plus 6 full US rolls) came up pretty close to my rough average.

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog
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mickeyman
Penny Pincher Member



Canada
243 Posts

Posted - 05/27/2008 :  14:51:34  Show Profile Send mickeyman a Private Message
quote:
Originally posted by legacypac

Compared to my rough overall sorting estimate of:
Parts
13.64% 1.00 55-81 = .99 Ni
27.29% 2.00 82-98 = CuNi
4.50% 0.33 US = CuNi
54.57% 4.00 2000+ (Back to Bank)

100.00% 7.33

Conclusion - tonight's verofied sample of 62 rolls (plus 6 full US rolls) came up pretty close to my rough average.



You are out on the west coast, yes.

It looks like the Mint is running a little faster out there than around Toronto. I am still getting around 17% Ni, but usually only about 40% steel. But starting yesterday, many of the banks that I rely on have received large shipments from the Mint, so that may change.

Not all who wander are lost.
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jadedragon
Administrator



Canada
3788 Posts

Posted - 05/29/2008 :  02:41:30  Show Profile Send jadedragon a Private Message
Yes I am in the Fraser Valley, about 1 hr out of Vancouver. Sorted 20 rolls/800 coin wrapped in shotgun shells and flat rolls (all CWR?) from TD Canada Trust tonight.

100 Ni = 12.5%
180 CuNi = 22.5%
500 Steel (all years, plenty of 2007/08) 62.50%
79 US all years (nothing special) 9.88%
1 25 "cent?" 1972 Philipines coin 0.125%
800 Total Count

Steel was higher and US was lower then previous averages, but well within expected ranges.

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog
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Steiner
Penny Collector Member



Canada
278 Posts

Posted - 05/31/2008 :  21:09:12  Show Profile Send Steiner a Private Message
Went through $80 in nickels today and walked away with about 13%. Also around the Vancouver area.


Steiner

Steiner
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fiatboy
Administrator



912 Posts

Posted - 06/02/2008 :  17:06:25  Show Profile Send fiatboy a Private Message
Found a dateless buffie today.

Lately though, it's been slim pickins sorting nickels. Fewer war nix than yesteryear.

"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson
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jadedragon
Administrator



Canada
3788 Posts

Posted - 06/06/2008 :  20:56:02  Show Profile Send jadedragon a Private Message
Collected my first nickel order from the bank of 10 boxes - plus a few other boxes from drivebys. 100% steel! Uggg

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog
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mickeyman
Penny Pincher Member



Canada
243 Posts

Posted - 06/11/2008 :  21:54:30  Show Profile Send mickeyman a Private Message
44 rolls Canadian nickels

325 Ni (18.5%)

Just a little higher than the average calculated from samples from 27 different branches (currently 18.3%).

Not all who wander are lost.
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jadedragon
Administrator



Canada
3788 Posts

Posted - 06/20/2008 :  03:35:12  Show Profile Send jadedragon a Private Message
Earlier counts by me failed to count any of the 2000 plus CuNi - which there is a lot of. Running a huge stockpile sorced from many different banks found that a consistant average 50% of the coins are steel. 15% are Ni, 35% are CuNi including US nickels that I seperate by hand.

Percentages are on the boxes/rolls processed. They exclude mint fresh and coin already sorted by CDI for all Ni and CuNi.

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog
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mickeyman
Penny Pincher Member



Canada
243 Posts

Posted - 06/21/2008 :  11:02:46  Show Profile Send mickeyman a Private Message
74 rolls Canadian nickels

484 .999 Ni (16.4%)

Not all who wander are lost.
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mickeyman
Penny Pincher Member



Canada
243 Posts

Posted - 06/25/2008 :  21:18:19  Show Profile Send mickeyman a Private Message
54 rolls Canadian nickels

446 .999 Ni (20.7%)

Not all who wander are lost.
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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 06/26/2008 :  07:26:16  Show Profile Send Bluegill a Private Message
Sorted 2 boxes (1 CWI & 1 Brinks) along with $170 in CWR.

7 war nickels - 4 of them in the Brinks box.
41 Canadian - 32 CuNi, 7 .999 Ni, and 2 Fe.
3 U.S. dimes
1 U.S. penny - Zn

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Ponce
Penny Hoarding Member



Cuba
630 Posts

Posted - 06/26/2008 :  13:06:37  Show Profile Send Ponce a Private Message
In what is to come it wont matter what kind of nickel you are holding because the public won't kow the difference all that they will care is that it is a nickel.....same as one oz round of silver, people won't care how pretty it is but only that it is .999 pure.

At this time I am holding 20 bricks of nickel.....I did open one of them and took apart two rolls and found coins from Mexico, Sweden, UK and one more coutry (forgot which one) all that was in only two rolls so who knows what is there in the rest of them.

Almost forgot, I could have about 25 more bricks of nickels mixed with all the coins that I have been saving for the past 31 years.

"If you don't hold it, you don't own it"...Ponce
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kavajava
Penny Collector Member



USA
490 Posts

Posted - 06/27/2008 :  13:34:23  Show Profile Send kavajava a Private Message
quote:
Originally posted by Ponce
In what is to come it wont matter what kind of nickel you are holding because the public won't kow the difference all that they will care is that it is a nickel.....same as one oz round of silver, people won't care how pretty it is but only that it is .999 pure.



I think there is some truth to this, at first many will not know the difference, but as time goes by, most will figure it out. As discussed in another thread, try to get rid of all your lesser value items first, holding the good stuff for the more discerning and knowledgeable traders.
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jadedragon
Administrator



Canada
3788 Posts

Posted - 06/27/2008 :  14:54:27  Show Profile Send jadedragon a Private Message
quote:
Originally posted by Ponce

At this time I am holding 20 bricks of nickel.....I did open one of them and took apart two rolls and found coins from Mexico, Sweden, UK and one more coutry (forgot which one) all that was in only two rolls so who knows what is there in the rest of them.



I sort a lot of nickels and only find the odd international coin in them (other then US which make up maybe 5% of the circulating nickels in Canada).

Those two rolls must be some kind of serious oddity - I'd be looking at more rolls from that box.

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog
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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 06/28/2008 :  10:53:17  Show Profile Send Bluegill a Private Message
Hand sorted $50 of CWR. One of the rolls was short 2 nickels so whoever rolled it put in a dime, and then put in 4 pennies, for a total $2.04. There was also a dateless buffalo in there too.

Another roll had this Canadian Victory Nickel.



The brown around the edge is rust getting underneath the plating. It's to bad because this coin is in excellent condition otherwise. The obverse has no rust.

The rest of the rolls yielded 1 addditional CuNi Canadian nickel and nothing else.

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mickeyman
Penny Pincher Member



Canada
243 Posts

Posted - 07/08/2008 :  09:42:48  Show Profile Send mickeyman a Private Message
100 rolls Canadian nickels

704 .999 Ni (17.6%)
1 dime
1 penny (at least it was Cu)

Not all who wander are lost.
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