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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 08/05/2007 : 17:44:07
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Please continue to report your sorting percentages and what you are buying in the way of pennies or nickels.
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Fanaticism is doubling one's efforts, yet forgetting one's purpose.
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c140cessna
Penny Collector Member
USA
419 Posts |
 Posted - 08/05/2007 : 19:50:09
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Score for the week ending 5 Aug 07:
Total coins sorted: $870 (nearly 35 boxes).
Bank Boxes = $750 (30 boxes), $120 Customer Wrapped Rolls (5 boxes).
A new weekly volume record for me on US Copper.
Overall Copper Percentage = 31% (same for both Bank Boxes and CWR). This is 2% above my 29% average here in S.E. Michigan.
Added to the US Copper Hoard: $270 Face Value = 180 Pounds.
Ryedale Machine has now processed 2.33 Million coins.
A lot of work, even with automation. Goal is 3 Tons by April 2008. Currently 17 weeks into goal and I'm 7 weeks ahead of schedule. If you don't set a goal and track your progress.....it probably will not get done! |
Edited by - c140cessna on 08/05/2007 20:03:44 |
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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 08/05/2007 : 20:46:09
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quote:
Originally posted by c140cessna
Score for the week ending 5 Aug 07:
Total coins sorted: $870 (nearly 35 boxes).
Bank Boxes = $750 (30 boxes), $120 Customer Wrapped Rolls (5 boxes).
A new weekly volume record for me on US Copper.
Overall Copper Percentage = 31% (same for both Bank Boxes and CWR). This is 2% above my 29% average here in S.E. Michigan.
Added to the US Copper Hoard: $270 Face Value = 180 Pounds.
Ryedale Machine has now processed 2.33 Million coins.
Now that's the way to be holding your money in "dollars".
****************
Fanaticism is doubling one's efforts, yet forgetting one's purpose.
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/06/2007 : 00:35:57
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Managed to sneak a little sorting in today.
6 Boxes bank wrapped pennies:
3123 Copper
49 Wheat cents
15 Canadian
20.82% About average for my area in CA
About 21 pounds added to the hoard.
More than I had before.
"Preserving coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu642800:US5Ni4400:CA5Ni280 |
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Hirbonzig
Penny Collector Member
USA
451 Posts |
Posted - 08/06/2007 : 20:24:04
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2 boxes: us bank
1274 copper 25.48%
22 wheats
1 dime
11 canadian |
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n/a
deleted
11 Posts |
Posted - 08/07/2007 : 05:25:23
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I sorted 31 rolls this weekend.
325 copper (21%) About what I have been averaging all along
12 wheats
1 dime
21 canadian
I started about a month ago. I think there is at least one more person who is hitting this bank for coppers along with me! |
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n/a
deleted
132 Posts |
Posted - 08/07/2007 : 09:31:45
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20 Rolls - 213 Copper
20 Rolls - Bad didnt do a count
20 Rolls - 389 Copper / 2 Wheat / 2 Canadian
20 Rolls - 244 Copper
20 Rolls - 202 Copper / 1 Wheat / 2 Canadian
"To the uninformed, pocket change.
To the informed, an investment." |
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MormonMetal
Penny Pincher Member
USA
150 Posts |
Posted - 08/07/2007 : 12:46:13
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8-6-07
$42.50 ($60 in total, but $17.50 were 07's so they were excluded)
610 copper
2 dimes
3 Canada
6 wheats
14.35 % copper
Close to the 15 % average that I've been getting in the North Georgia area. As always, more than I had before.
-MM |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/08/2007 : 02:21:53
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Got one of those calls from the bank that we all love to get today. We have $200 in pennies, would you like to buy them?
"Why yes, I would"
Coin sorting report for today:
4 boxes bank wrapped pennies
2160 Copper
21.6%
Coin buying report for today:
Washington Mutual - Richmond
400 rolls Customer wrapped pennies (CWR)
Bank of America - Richmond
2 Boxes bank wrapped pennies
Loomis coin drop at work
4 rolls bank wrapped pennies
5 rolls bank wrapped nickels
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu642800:US5Ni4400:CA5Ni280 |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 08/08/2007 : 13:40:54
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Decided to give penny sorting a try today
Univest Bank, $5 in pennies,
151 copper
18 copper 82's
2 Canadian cents dated 1983
171 total -34.2% copper
Of special note, I found three 1974 cents that looked like they came out of the mint a month ago. Shiny and not a trace of wear, though the L in Liberty was nicked on one cent.
Willow Financial, $10 in pennies
197 copper
23 copper 82's
3 Canadian Cents
1 Wheat
224 total- 22.4% copper
I think I wll stick to Univest bank for better pickings.
Question, has anyone ever found a Flying Eagle Cent in their sorting? I have heard of the occasional Indian Head being found but not the Flying Eagle. I would think that such a find would be a one in a million type discovery.
I should have chosen "Cut-n-Paste" as a forum name, since that is what I do, mostly. |
Edited by - pencilvanian on 08/08/2007 13:46:56 |
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MormonMetal
Penny Pincher Member
USA
150 Posts |
Posted - 08/08/2007 : 17:28:37
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8-8-07
$2.50 ($20 in total, but $17.50 were 07's so they were excluded)
40 copper
16.00 % copper
Starting to get a little more than tired of the 07's, but more than I had before.
-MM |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/09/2007 : 02:27:52
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Today was a good coin buying day.
Coin sorting report for today:
10 rolls customer wrapped nickels
1 Silver war nickel
Coin buying report for today:
Bank of the West - Livermore
60 rolls Customer wrapped pennies
10 rolls customer wrapped nickels
2 rolls shiny new quarters
Bank of America - Livermore
2 Boxes bank wrapped pennies
10 rolls shiny new quarters
Wells Fargo - Richmond
50 rolls customer wrapped pennies
Loomis coin drop at work:
7 rolls bank wrapped pennies
5 rolls shiny new nickels
San Jose Coin Club:
60 rolls shiny new 99 and 2000 half dollars
21 rolls circulated Ike dollars
13 rolls BU copper cents
4 bags circulated copper cents
99 circ copper cents in album including 1909 VDB
1 2 peso gold piece
2 silver half dollars
8 silver quarters
889 Copper Canadian cents
846 .999 Nickel Canadian nickels
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu642800:US5Ni4400:CA5Ni280 |
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Tourney64
1000+ Penny Miser Member
USA
1035 Posts |
Posted - 08/09/2007 : 17:09:17
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Coin sorting today at my local credit union:
27 customer wrapped rolls:
424 Copper
7 Canadian
3 Wheat
1 Dime
31.4% Copper |
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snappy
Penny Collector Member
USA
301 Posts |
Posted - 08/09/2007 : 21:02:03
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Well once I started reading this site and desided to get a ryedale I started saving up pennies I had $850 These were all $50 bank bags, no rolls.
got machine today.
kids pulled canadians as they fed them put them aside (a lot)did not run them.
$850 pennies
$355 copper
rest zinc.
~41 % not to bad I guess.
I am happy with the new machine It does have to be cleaned and lubed often to reduce jams. WD40 on a Qtip to lube/clean the coin slide helped a lot. The packing materal was old penny rolls!!!! now I have to find a place to dump them (don't want everyone to know I have excess amounts of coins at my house)
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/09/2007 : 21:31:36
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quote:
Originally posted by snappy
Well once I started reading this site and desided to get a ryedale I started saving up pennies I had $850 These were all $50 bank bags, no rolls.
got machine today.
kids pulled canadians as they fed them put them aside (a lot)did not run them.
$850 pennies
$355 copper
rest zinc.
~41 % not to bad I guess.
I am happy with the new machine It does have to be cleaned and lubed often to reduce jams. WD40 on a Qtip to lube/clean the coin slide helped a lot. The packing materal was old penny rolls!!!! now I have to find a place to dump them (don't want everyone to know I have excess amounts of coins at my house)
Congrats on getting a machine. That is a great percentage! What part of the country are you from? 17 bags in one day is an impressive amount of sorting too. You may want to go ahead and run the Canadians seperately.. those ones are legal to melt. How did you manage to get your pennies in bags rather than in rolls? If I could get mine in bags it would certainly cut down on the processing time.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu642800:US5Ni4400:CA5Ni280 |
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Hirbonzig
Penny Collector Member
USA
451 Posts |
Posted - 08/09/2007 : 21:36:25
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10 boxes
7870 copper----31.48%
82 wheats
126 canada
Had a penny sorting party-the numbers may be a little off due to amatuers sorting while drinking. Afterwards I did a quick check of the bucket and found a few zincs with the copper,but let it go at that-I was'nt going to resort 25,000 cents.
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snappy
Penny Collector Member
USA
301 Posts |
Posted - 08/09/2007 : 21:40:23
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| I have become friendly with the tellers at the main bank in town (wells fargo) She told me that for ordering coins they have a contract and have to pay if they get coins shipped in/out or not. So they normally ship all the full bags and get rolled coins in return. But now they save all the full bags (dimes, nickles and pennies) for me. That bank gets 1-6 bags (mixed) a week. The other bank in town is small and normally get a bag every couple weeks. And I get them. |
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snappy
Penny Collector Member
USA
301 Posts |
Posted - 08/09/2007 : 21:43:58
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| on I am on the edge between 2 fed districts so I get my coins in town and dump them in near town (45 miles away) that is in other fed district. That town has walmart so it is not a wasted trip just dump rejects. I think it is better that way. Don't want to really upset me to the point of seeing yellow in my own pool. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/09/2007 : 22:15:41
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quote:
Originally posted by snappy
on I am on the edge between 2 fed districts so I get my coins in town and dump them in near town (45 miles away) that is in other fed district. That town has walmart so it is not a wasted trip just dump rejects. I think it is better that way. Don't want to really upset me to the point of seeing yellow in my own pool.
Looks like you have a pretty good setup. And your percentages are some of the highest on the board. Do they make you roll them when you take them to dump them or can you just turn them in by the bag?
I used to worry about that really upset me to the point of seeing yellowing in my own pool thing, but if I time my dumps and purchases I don't have to worry about that much. The filters in my main bank pool clear everything out in just a few days since they have so many merchant customers. I have monitored my percentages and though they are not nearly as high as yours, they have remained consistant so I don't think I am diluting my own infeed. I get boxes from several banks but that is the only one that has the vault capacity to hold 24 boxes overnight for me so it is really convenient. I just haul in a cart full of zinc and haul out a cart full of unsorted pennies.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu642800:US5Ni4400:CA5Ni280 |
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snappy
Penny Collector Member
USA
301 Posts |
Posted - 08/09/2007 : 22:20:43
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| My dump bank does not want me to roll them up. I took in some new fed wrapped rolls with one of my dumps (all 2006 D ) they made me open the rolls then they would take them. Kind of odd but that is how they do things I guess. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/09/2007 : 22:29:33
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They probably just ship them out and want to save time and labor. Depending on the bank they either ship them loose or rolled when they ship them back to their central vault. Sometimes they have an option, sometimes they don't, depending on their bank's policy. One of my banks told me that they can ship them either way but they get charged more if they ship them still rolled so they unroll them at the branch to avoid that charge. Of course they don't have to do that anymore since I take all their pennies. This way they don't have to break them out of the wrappers or ship them. See what a nice guy I am?
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu642800:US5Ni4400:CA5Ni280 |
Edited by - HoardCopperByTheTon on 08/09/2007 22:30:48 |
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n/a
deleted
43 Posts |
Posted - 08/10/2007 : 08:30:00
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quote:
Originally posted by snappy
on I am on the edge between 2 fed districts so I get my coins in town and dump them in near town (45 miles away) that is in other fed district. That town has walmart so it is not a wasted trip just dump rejects. I think it is better that way. Don't want to really upset me to the point of seeing yellow in my own pool.
What fed districts are you referring to? |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 08/10/2007 : 08:42:08
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The Fed banks are responsible for distributing coins/currency to all the other banks when they run short.
There are 12 Federal Districts
You must be logged in to see this link.
Some Fed Districts Have More Than One Fed Bank (so I am guessing that there may be more than one coin/currency distribution point in a district)
You must be logged in to see this link.
I am not sure if there is a 100% correlation between Fed Banks and coin/currency distribution points. Also there is always a chance that if one district is running short (the one you were getting pennies from) and one district had a surplus (the one you were returning pennies to) that they would simply ship between districts to even things out. Of course, I don't think any one of us is capable of that kind of impact... |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 08/10/2007 : 08:51:36
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Also most banks don't get their coins directly from the Fed, but instead use an armored car service.
Here is some more info on coin distribution:
You must be logged in to see this link.
"Second, the Reserve Banks work with armored carriers, which operate coin terminals to hold, process, and distribute coin on behalf of the Federal Reserve. The 155 coin terminals store about 65 percent of the Federal Reserve’s coin inventory and are a key focus of daily distributional activity." |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/10/2007 : 08:56:43
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quote:
[i]Originally posted by creekrat
What fed districts are you referring to?
His dump bank is probably in your neighborhood.  Maybe he is dumping in Atlanta. Snappy or somebody must be dumping heavily in the Georgia area to make MormanMetal work so hard to get to 15% on a good day.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu664800:US5Ni4400:CA5Ni1150 |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 08/10/2007 : 09:44:40
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I have half a mind to turn my dump bank into my supplier. My dump bank is the one with the free coin counting machine that bags pennies in $50 bags. I could make a deal with them to stop dumping pennies at their bank and to buy all of their pennies so they don't have to pay somebody to pick them up. That way I get the pennies fresh from Joe Public assuming that I am the only one dumping there.
If I did that, I would have to hoard with no sorting/dumping. Then maybe I would just to sell the unsorted bags sometime in the future. Or better yet maybe there will be a penny shortage in the future and banks all over would start begging for people to bring in there pennies... |
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Sorting Percentages VI and buying reports
Forum Locked
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