| Author |
 Topic  |
|
NotABigDeal
1000+ Penny Miser Member
USA
1848 Posts |
 Posted - 05/10/2008 : 23:15:40
|
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 |
I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks. |
 |
|
|
mickeyman
Penny Pincher Member
Canada
198 Posts |
|
|
Bluegill
Penny Collector Member
USA
441 Posts |
Posted - 05/13/2008 : 14:35:59
|
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.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aawSYGeCapwM
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).
|
“I’m fully diversified. I’ve got some under the mattress, some under the floor boards, some in the backyard.”
"Give me control over a nation's money supply, and I care not who makes its laws." – Anselm Rothschild
|
|
|
|
Bluegill
Penny Collector Member
USA
441 Posts |
Posted - 05/18/2008 : 18:11:29
|
Sorted 4 boxes today. I got skunked...
|
“I’m fully diversified. I’ve got some under the mattress, some under the floor boards, some in the backyard.”
"Give me control over a nation's money supply, and I care not who makes its laws." – Anselm Rothschild
|
|
|
|
TenBears
Penny Hoarding Member
873 Posts |
Posted - 05/18/2008 : 18:14:04
|
| 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
|
|
|
|
legacypac
Administrator
Canada
1653 Posts |
Posted - 05/25/2008 : 14:17:05
|
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
|
|
|
|
Steiner
Penny Pincher Member
Canada
244 Posts |
Posted - 05/25/2008 : 21:05:35
|
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 |
|
|
|
legacypac
Administrator
Canada
1653 Posts |
Posted - 05/25/2008 : 22:02:17
|
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. |
Edited by - legacypac on 05/25/2008 22:05:39 |
|
|
|
Steiner
Penny Pincher Member
Canada
244 Posts |
Posted - 05/25/2008 : 23:06:10
|
Got it now. Many thanks
Steiner |
Steiner |
|
|
|
legacypac
Administrator
Canada
1653 Posts |
Posted - 05/27/2008 : 05:10:42
|
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. |
|
|
|
mickeyman
Penny Pincher Member
Canada
198 Posts |
Posted - 05/27/2008 : 14:51:34
|
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. |
|
|
|
legacypac
Administrator
Canada
1653 Posts |
Posted - 05/29/2008 : 02:41:30
|
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.
|
|
|
|
Steiner
Penny Pincher Member
Canada
244 Posts |
Posted - 05/31/2008 : 21:09:12
|
Went through $80 in nickels today and walked away with about 13%. Also around the Vancouver area.
Steiner |
Steiner |
|
|
|
fiatboy
Administrator
912 Posts |
Posted - 06/02/2008 : 17:06:25
|
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 |
|
|
|
legacypac
Administrator
Canada
1653 Posts |
Posted - 06/06/2008 : 20:56:02
|
| Collected my first nickel order from the bank of 10 boxes - plus a few other boxes from drivebys. 100% steel! Uggg |
|
|
|
mickeyman
Penny Pincher Member
Canada
198 Posts |
Posted - 06/11/2008 : 21:54:30
|
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. |
|
|
|
legacypac
Administrator
Canada
1653 Posts |
Posted - 06/20/2008 : 03:35:12
|
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. |
|
|
|
mickeyman
Penny Pincher Member
Canada
198 Posts |
Posted - 06/21/2008 : 11:02:46
|
74 rolls Canadian nickels
484 .999 Ni (16.4%) |
Not all who wander are lost. |
|
|
|
mickeyman
Penny Pincher Member
Canada
198 Posts |
Posted - 06/25/2008 : 21:18:19
|
54 rolls Canadian nickels
446 .999 Ni (20.7%) |
Not all who wander are lost. |
|
|
|
Bluegill
Penny Collector Member
USA
441 Posts |
Posted - 06/26/2008 : 07:26:16
|
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
|
“I’m fully diversified. I’ve got some under the mattress, some under the floor boards, some in the backyard.”
"Give me control over a nation's money supply, and I care not who makes its laws." – Anselm Rothschild
|
|
|
|
Ponce
Penny Pincher Member
Cuba
174 Posts |
Posted - 06/26/2008 : 13:06:37
|
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 |
|
|
|
kavajava
Penny Collector Member
USA
487 Posts |
Posted - 06/27/2008 : 13:34:23
|
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. |
|
|
|
legacypac
Administrator
Canada
1653 Posts |
Posted - 06/27/2008 : 14:54:27
|
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. |
|
|
|
Bluegill
Penny Collector Member
USA
441 Posts |
Posted - 06/28/2008 : 10:53:17
|
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.
|
“I’m fully diversified. I’ve got some under the mattress, some under the floor boards, some in the backyard.”
"Give me control over a nation's money supply, and I care not who makes its laws." – Anselm Rothschild
|
|
|
|
mickeyman
Penny Pincher Member
Canada
198 Posts |
Posted - 07/08/2008 : 09:42:48
|
100 rolls Canadian nickels
704 .999 Ni (17.6%)
1 dime
1 penny (at least it was Cu) |
Not all who wander are lost. |
|
|
|
Topic |
|
Nickel sorting percentages and buying reports #1
