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HoardCopperByTheTon
Administrator
USA
6807 Posts |
 Posted - 08/13/2007 : 13:26:22
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Poll Question:
c140cessna posed a question wondering how many hoarders out there are as serious as him. He estimated there are only 10-20 Super Hoarders (those that sort $100 face value per week) and only 5-10 Hoarders that go through a few hundred per week. I fall into that last group.. going through a few hundred up to $1000 a week depending on how busy I am with the day job. I was curious what level most of the others that come to this board hoard at. Please indicate what level you sort/hoard at.
Mega Hoarder - $250 fv or more per week sorted
Super Hoarder - $100 - 250
Serious Hoarder - $50 - 100
Regular Hoarder - $20 - 50
Light Hoarder - $10 - 20 week
Casual Hoarder - Less than $10 week
Observer - I don't hoard any copper I just come here to read about what others are doing.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu666350:US5Ni6700:CA5Ni1150
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just carl
Penny Hoarding Member
USA
601 Posts |
 Posted - 08/13/2007 : 16:12:39
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I couldn't vote. You left out various. I am too inconsistant to fall into one of those catagories.
Carl |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/13/2007 : 17:40:09
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Carl,
Most of us float back and forth between categories depending on how busy we are with other things. Just take the estimated # of pennies you sort in a year and divide by 52 to get your weekly average.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu666350:US5Ni6700:CA5Ni1150 |
Edited by - HoardCopperByTheTon on 08/13/2007 17:40:45 |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 08/13/2007 : 18:03:11
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I fall under the category of casual penny hoarder.
I tend to put money towards PMs first and if there is anything left then nickels or pennies, not including what I pull out of circulation from change or coins found lying on the ground.
I should have chosen "Cut-n-Paste" as a forum name, since that is what I do, mostly. |
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davycoppit
Penny Pincher Member
USA
126 Posts |
Posted - 08/13/2007 : 18:59:50
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| When I first found this site I was a super horder for a couple of months now it is way down to light. Hopefully when I am done with my internship it will rise again. |
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aloneibreak
Penny Hoarding Member
USA
672 Posts |
Posted - 08/13/2007 : 21:03:50
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i consider myself a regular hoarder. but believe me i would love to sort at a higher level if my funds would allow.
i like the option of "want to hoard but my wife/girlfriend/SO wont let me". my fiance doesnt seem to understand sorting either. i assume most of us here are male? just curious. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/13/2007 : 21:35:58
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quote:
Originally posted by aloneibreak
i consider myself a regular hoarder. but believe me i would love to sort at a higher level if my funds would allow.
i like the option of "want to hoard but my wife/girlfriend/SO wont let me". my fiance doesnt seem to understand sorting either. i assume most of us here are male? just curious.
You have been cranking them out according to what I have been reading on the sorting page.. and it looks like your percentages have improved too. The trick to sorting at a higher level is to convert that zinc back into unsorted pennies right away. I think I saw one guy post that he cycles his pennies 2-3 times per week. This way you can sort through a high volume of pennies without tying up much capital.
I think this hoarding thing is mostly a guy thing, but there are probably some ladies out there somewhere that are hoarders too. I am sure you are not the only guy with a lady in his life that is confused by this obsession of ours. Imagine what it is like at my house with 2.2 tons of copper in the back storage room and a constant flow of bags and boxes of pennies going in and out. For some reason she thinks I have enough pennies 
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu666350(150000 Reserved):US5Ni6700:CA5Ni1150 |
Edited by - HoardCopperByTheTon on 08/13/2007 21:52:25 |
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Hirbonzig
Penny Collector Member
USA
451 Posts |
Posted - 08/13/2007 : 22:35:02
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I put myself down as a regular hoarder with an average of a box or 2 a week. I do have low hoard weeks to more than normal hoarding weeks. I also have a wife that gives me "the look" from time to time while hauling pennies back to the car. The only thing keeping me from moving up to a serious or super hoarder with a ryedale machine humming away in my basement is the amount of overtime at my job. Some days I will work 14 hours, come home and sort a dozen rolls and sleep and repeat the cycle untill I have my boxes sorted.
I was also wondering if there are any hand sorting serious and up hoarders out there? |
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ME CO
Penny Pincher Member
USA
199 Posts |
Posted - 08/13/2007 : 22:57:20
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The trick to sorting at a higher level is to convert that zinc back into unsorted pennies right away. I think I saw one guy post that he cycles his pennies 2-3 times per week. This way you can sort through a high volume of pennies without tying up much capital.
_______________________________________________________________________________________________
That is for sure- them zincers can pile up faster than you can make them disappera with a magic wand haha. I switched over to half dollars (I know this is a copper forum but bear with me for a moment) and not having alot of capital to play with, ordering a box, sorting and dumping. I worked out a system where I was able to sort the same $500 eight times the last two weeks of July. I'm working on vamping up the system to 6-8 boxes a week once I get another paycheck under my belt. I got a dump bank with a branch for every day of the week- open every day too and I can fit about $540 in halves into a 39 oz Folgers can, that can takes about 15 mins to run through the counter and sometimes I gotta stand in line another few minutes to get my cash. When I was unloading my zincs once I crammed like $39.44 into that can- seemed fruitless to me and took just as long. Now I'm just pulling coppers out of pocketchange. Just posting this to confirm just how much $$$ can be sorted with a proper dump schedule, O and I've been saving $$$ too cause I don't want to waste my seed money. This week I upped it a notch- ordered boxes of halves to cover my paycheck sos I can sort and dump before paying bills haha. Anyways I'm still lurking around keepin an eye on yous HOARDS haha. Take care and HH, Mark |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/14/2007 : 00:13:39
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I was bouncing between serious level and super hoarder as a hand sorter before getting my Ryedale machine. At that level it made sense to automate even if I wasn't going to step it up to the next level. I work a lot of overtime too (Had one 19 hour day a couple of weeks ago) and I have a 50 mile commute each way, so using the machine to speed up my sorting was a logical choice. It is just a tool. The other ways you can save time is if you can pick up larger quantities at each bank and if you can find a dump bank that will either let you bring them in loose and count them for you or at least take them loose in bag quantities. Rolling them, even with automatic rolling machines takes extra time.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu666350(150000 Reserved):US5Ni6700:CA5Ni1150 |
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Crash
Penny Pincher Member
USA
155 Posts |
Posted - 08/14/2007 : 09:29:03
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| I was a regular hoarder most of this year, but lately I've been a casual hoarder. My brother has been back in town from teaching in Shanghai and I've spent most of my weekends goofing off with him. Once he goes back, I plan on going back to being a regular hoarder again. I've almost convinced myself to diversify with nickels so I don't have to sort as much. |
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c140cessna
Penny Collector Member
USA
419 Posts |
Posted - 08/14/2007 : 10:32:19
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Crash -
At one time I was hoarding Cupro-Nickel....but I quit an returned all that I had. Here are the reasons I'm currently aiti-Cu-Ni:
1) You can build a hoard of these easily anytime you want by simply ordering boxes of nickels from the bank..
2) I could not find any scrap market for the Canadian CuNi...thus assume it will be very difficult to find a CuNi market for US nickels in the future. I think is will be very difficult to get the Ni value out of the 5 cent piece....probably just the copper content is all you will be able to scrap???
3) Let's look at the economics of the US 5 Cent Nickel: 5g per coin....91 coins per pound...$4.55/lb (Face Value). At 75% Copper content....0.75 lbs Cu x current $3.60/lb = $2.70 Copper content per pound of "Nickels". Let's look at Ni content....0.25 lb Ni x $12.30/lb = $3.07 Ni content. So, $3.60 + $3.07 = $6.67/lb metal content at a cost of $4.55/lb Face Value.....so, yes the intrinsic content is greater than cost....but I largely think there will be a lot of difficulty geting the value of the Ni out of the metal...perhaps it will just be a "Copper Play" on the Nickels....
Even if you do get someone to realize the $6.67 content....I estimate scrap value at 80% to 85% of LME.....$6.67 becomes $5.33 - $5.66. That is too close to the $4.55 cost...
If you compare to the copper penny: $1.50/lb cost....$3.60/lb LME.....$3.60 x 80% to 85% = $2.88 - $3.06......that is about 2X Face even after the percentage cut for the scrap dealer....
4) There is just something more interesting about near pure copper....I've hoarded all the coins out there and the penny is just different and attractive....can't explain why.
But, yes, you do have to sort.
M41/0.48USMI:US1Cu160000,CA1Cu282000,CA5Ni30000 |
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Crash
Penny Pincher Member
USA
155 Posts |
Posted - 08/14/2007 : 11:48:06
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quote:
4) There is just something more interesting about near pure copper....I've hoarded all the coins out there and the penny is just different and attractive....can't explain why.
I can almost see the gleam in your eye through my computer screen. I couldn't agree with you more. The only reason I've been cosidering nickel is out of sheer laziness, but I still plan on sorting pennies for copper. |
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Jason
Penny Pincher Member
USA
138 Posts |
Posted - 08/14/2007 : 12:22:52
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| i was a serious hoarder there for a while, but about a month ago i made a primitive sorting machine which cut my labor in half. Here lately i've been doing between $100 and $150 a week. Last week I had alot of free time and sorted $278. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/14/2007 : 13:58:54
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quote:
Originally posted by Jason
i was a serious hoarder there for a while, but about a month ago i made a primitive sorting machine which cut my labor in half. Here lately i've been doing between $100 and $150 a week. Last week I had alot of free time and sorted $278.
That is certainly cranking them out, Jason. I would like to hear more about this primitive sorting machine you made that cut your labor in half.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu666350(150000 Reserved):US5Ni6700:CA5Ni1150 |
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Jason
Penny Pincher Member
USA
138 Posts |
Posted - 08/14/2007 : 17:43:53
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| As i said it is very primitive. It consists of a comparator attached to a bookcase with two L brackets. Underneath the comparator, running from it to the floor, is a 1 1/2" wide piece of flat bar which is positioned between the two slots in the bottom of the comparator. This piece of metal keeps coins from jumping over into the wrong box. I was going to figure out away to make it feed itself, but i've decided dropping them in by hand will work for now. It's much faster than eyeballing each coin and having to weigh all of the 82's. What's really great is i can still sort on those saturday nights when i start to get the double vision:) |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/14/2007 : 18:23:37
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Sounds like a good little setup. I think a feed mechanism would be pretty tricky.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu666350(150000 Reserved):US5Ni6700:CA5Ni1150 |
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Jason
Penny Pincher Member
USA
138 Posts |
Posted - 08/15/2007 : 00:47:17
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| Don't tell me that. I'll have to construct one just to prove i can do it:) |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/15/2007 : 00:56:07
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Oh, I'm sure it can be done.. just that it won't be easy.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu666350(150000 Reserved):US5Ni6700:CA5Ni1150 |
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Jason
Penny Pincher Member
USA
138 Posts |
Posted - 08/15/2007 : 01:08:47
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| Certainly. Ryedayle made his, now famous, machine to feed automatically. I just have to pove to myself that i can do it. |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 08/15/2007 : 07:21:17
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quote:
Originally posted by Jason
I just have to pove to myself that i can do it.
If you want a cheat sheet, take a look at the one I made. There is still plenty of room for improvement so there should still be lots of challenge even if you take a glance.
You must be logged in to see this link.
And if you want check out this old thread where the diagram was orignally posted.
You must be logged in to see this link.
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Edited by - horgad on 08/15/2007 07:22:54 |
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Jason
Penny Pincher Member
USA
138 Posts |
Posted - 08/16/2007 : 01:06:17
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| Thanks horgad. I might try a setup similar to yours. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/23/2007 : 03:26:43
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Looks like we have some pretty serious hoarders here. Thanks for participating, everyone. Hopefully those on the bigger end will post some of their secrets for sourcing that many pennies each week.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu677000(150000 Reserved):US5Ni17500:CA5Ni1150 |
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ME CO
Penny Pincher Member
USA
199 Posts |
Posted - 08/23/2007 : 21:08:56
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| I just gotta have some fun here. A "mega" hoarder is only $250 a week, I almost search that much on my way home from the bank LOL. Just to show the value of dumping- I started out the week with $1500, got 2 boxes of halves Monday, sposed to only get 2 boxes yesterday but the first one was almost all new 99's so hurried through it and dumped and went and got todays 2 boxes yesterday also (therefor I am Jonsen now), tomarrow I get two from one bank- gonna have to search and dump one quick cause I got one at the CU to pick up by 5, Sat morn I have 2 to get by noon. Monday is already set for 2 and need to order boxes from 2 CU's for Wed and Thur, Tuesday is set for two, sometime before Wed I need to order boxes for Friday and Monday and the cycle begins again haha. From Mon-Sat this week I will have got 11 boxes with the same $1500. Sick part is I just sold some gold so now I'm in danger of wanting to get 6 or 7 boxes at a time LOL, I've already hit all the branches of my dump bank once this week and I've still got 5 boxes to get haha. Now I'm rambling, HH you penny mongers LOL Mark |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/23/2007 : 23:46:09
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That's $250 for pennies, Mark. You only need to do $12,500 per week in halves to reach that level. I like sorting halves also, but I seem to have a hard time sourcing them. How do you talk all your banks into getting them for you and do you have any trouble dumping them? How much silver have you found?
I admire the way you are cycling your capital with the quick dumps. I do that with the pennies also, but it takes a little longer.
Do you think they would get you 7 boxes at a time? You might have to start taking that little half ton dolly into the banks with you.
"Preserving REAL coinage.. 2 tons at a time"
HoardCode0.1:M49/15USCA:US1Cu677000(150000 Reserved):US5Ni17500:CA5Ni1150 |
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ME CO
Penny Pincher Member
USA
199 Posts |
Posted - 08/24/2007 : 07:46:02
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For starters I started out small, one box then another. The bank you order pennies from can order anything you need- though you don't want to be dumping your halves into your supply line so... I got a dump bank with a half dozen branches in town each with a selfservice coin counter so I am doing all the work. I also setup an acct with a CU that gets coin from a different place than my dump bank and also has many branches. People on the other forum are getting many boxes and my 3 box try I found to be a hassle so two at a time works for me. I thought that main branch down town I deal with, well I thought it would be easier on them if I ordered alot and just came by every other day to pick up a couple- but when I asked the vault lady about it on the phone she said it didn't matter- I think she was having a bad day cause when she heard it was me on the phone she just said "How many do you want"? I'm taking chocolate coins today, bag for the tellers and a bag for the vault- can't see taking donuts at 3PM. I think if I tried to get 7 boxes at a time the F word would come up (fee).
OK on to the good part. My pickins here seem to be slim by some and better than others- seems to depend on your locality. I usually average at least 5 per box, sometimes I'll get 10 or 13 out of one but the second box will be low. Now that is just ordering boxes, not bank hopping to pickup loose halves, don't have time for that with all ME dumping and picking up. I have found almose 150 halves since July 17th and I have search 25 boxes only 3 of which were skunks. Total silver weight is just over 31 ozt, searching pennies is paying a cent for the ones worth over .02. Searching halves is paying 50 cents for a 40% is like $1.70 and them 90% are like $4.20. I love them 90's and just like them 40's haha. Good luck and HH Mark |
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What Level Hoarder are you?
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