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jadedragon
Administrator
Canada
3788 Posts |
 Posted - 02/13/2010 : 11:36:23
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quote:
Originally posted by beauanderos
So Lemon Thrower... you feel your percentages are lower because the area is growing faster...necessitating more zincs from the Fed thus diluting the averages? 
I agree with Lemon Thrower's line of reasoning based on what I've seen on the board over the last several years. Growing areas/high transaction areas get injections of new coins more frequently. This drives the copper percentages down more then all the sorters could ever do.
@NDFARMER - I agree that the %age of copper needs to fall before the melt ban is lifted, but it is going to fall because of new cents introduced, not because we sort it all out. The bigger factor is going to be a switch to steel or ?? and massive production of coins to replace all the Cu and Zn. Canadian Cu percentages are down because we get so many newer coins diluting the pool. Mickyman proved this point with Nickel tracking.
I think your high and never changing Cu % is a function of North Dakota being a state with essentially no population growth, limited tourism, and limited small transaction retail activity. Farmers and small town residents don't buy a newspaper, a Starbucks, and ride the bus every morning chowing down on McDonalds like a New Yorker. They take a weekly trip to the grocery store and buy gas on a credit card. I'm not slamming ND, just saying that the economic circumstances in ND do not warrant injecting a lot of new coin into the system.
The coin population in ND maybe nearly static, and your Ryedale is not enough to dent the copper stock.
With all due respect to the poll - I think FED Dist has almost nothing to do with copper percentage. The only link might be how aggressively a branch injects new coins into the system to support commerce.
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“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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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 02/13/2010 : 12:09:56
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| The purpose of the thread is to confirm or refute the commonly held assumption that the remaining copper in circulation is approximately 25%. I can quantify the total more precisely with enough reports of percentages encountered by correlating them to the estimated size of coin reserves in each District assuming a distribution proportional to the population base in each district (even though I only have 1990 census to go by). A little bit of number crunching might give a more accurate number than just guessing. Not going to change the world, just an arithmetic project that I'm curious about. I think your conjecture, Jade, regarding commerce in slow locales leading to a higher percentage (as new zinc injections leading to dilution does not occur) is most likely correct. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 02/13/2010 : 12:16:17
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| And Jade is also right about the reason the percentages would fall. Consider that at least about 5 billion new zincs are introduced in a "normal" year. I doubt the membership of Realcent is pulling out even one percent of that number in copper (50,000,000 = $500,000 = $5,000 avg/member), so yes, the primary diminution of the existing copper cents pool will be from dilution, not from extraction |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
Edited by - beauanderos on 02/13/2010 12:18:01 |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 02/15/2010 : 17:40:44
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Finally had an opportunity to go back through my notes for this year and I am averaging seeing between 15 and 16% from the rolls that my bank tells me they get from the Fed. Bank in Jacksonville, Florida which is part of District 6.
Hope this info helps.
Enjoy your coin searches, everyone. 
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rosco
Penny Collector Member
USA
254 Posts |
Posted - 02/17/2010 : 00:03:28
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| All my box sorts were dist 12 southern AZ about 18% |
Old Geezer a HAND Sorter |
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Dave
Penny Pincher Member
156 Posts |
Posted - 02/17/2010 : 06:41:50
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| District 12, I'm seeing @ 23-28%. My lowest was 18% and highest was 67.6%. |
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Pyramid
New Member
13 Posts |
Posted - 02/17/2010 : 11:56:04
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| District 7, 31-32%. A couple points higher or lower depending on which state and wrapping/boxing company they come from. |
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CrazyTom
Penny Sorter Member
USA
52 Posts |
Posted - 02/17/2010 : 18:24:29
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| Sorted 25 dollars of CWRs today from Wells Fargo and got 15.12%, Arizona. |
Read Atlas Shrugged if you want to know why this country is in the crapper. |
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AFModell
Penny Sorter Member
USA
82 Posts |
Posted - 02/17/2010 : 21:32:31
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| District #3. 25-27% last 8 boxes |
A penny saved is...TWO pennies earned! |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/18/2010 : 19:51:32
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| District #9 33.2% |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 02/19/2010 : 18:55:46
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based on limited data so far (c'mon guys!):
"I love livin' in..."
District 10 35%
District 9 33.64%
District 7 30.9%
District 1 29.75%
"It's not so bad in..."
District 3 26.7%
District 2 24%
District 8 24%
District 5 21.33%
"Well... dang!"
District 12 18.93%
District 11 17.26%
District 6 17%
Ummm, do we have no members living in District 4?
Please report box and bag percentages, cwr's may skew results 
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Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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kirkland
New Member
USA
0 Posts |
Posted - 02/19/2010 : 19:05:21
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| Do what I did with my two tracking threads, beauanderos. Post the link in your signature and people will notice it. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 02/19/2010 : 20:38:34
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quote:
Originally posted by beauanderos
And Jade is also right about the reason the percentages would fall. Consider that at least about 5 billion new zincs are introduced in a "normal" year. I doubt the membership of Realcent is pulling out even one percent of that number in copper (50,000,000 = $500,000 = $5,000 avg/member), so yes, the primary diminution of the existing copper cents pool will be from dilution, not from extraction
I've never seen anyone do this math before - pretty compelling beauandero. There are a lot of ideas this supports.
1. Sorting more will not hurt your numbers. Time (sooner or later) hurts your numbers.
2. Other individual sorters are not going to hurt you |
“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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CrazyTom
Penny Sorter Member
USA
52 Posts |
Posted - 02/21/2010 : 18:02:23
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| I am in 12 and seeing a trend. For weeks now I've been floating around 15%. |
Read Atlas Shrugged if you want to know why this country is in the crapper. |
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jldco
Penny Pincher Member
USA
114 Posts |
Posted - 02/21/2010 : 18:29:08
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| dist 9. I've been seeing + or - 25% pretty cosistently for quite some time. |
Mark 8:36
www.pennybullion.com |
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ZigMeister
Penny Pincher Member
USA
229 Posts |
Posted - 02/22/2010 : 10:35:53
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District 12
Last 6 boxes (over the past 10 days) averaged 18.1% |
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scraptocash
New Member
USA
1 Posts |
Posted - 02/22/2010 : 15:43:36
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| i live in the omaha area (district 10) been getting around 33% |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/22/2010 : 16:12:47
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| district 9 and got 32% with one bag to do. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/22/2010 : 17:19:44
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| second bag 34% |
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jldco
Penny Pincher Member
USA
114 Posts |
Posted - 02/22/2010 : 21:07:07
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Sorry... I'm district eight.... not to be confused with section eight.... I don't think anyway....
dist 9. I've been seeing + or - 25% pretty cosistently for quite some time. |
Mark 8:36
www.pennybullion.com |
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arod_reed
New Member
USA
7 Posts |
Posted - 02/22/2010 : 21:30:19
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| Far western Iowa, so district 7, right around 32%. |
RECESSION: when your neighbor loses his job.
DEPRESSION: when you lose your job.
RECOVERY: when obama loses his job. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/28/2010 : 14:47:58
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| Has to go back to western North Dakota this week and was able to get 5 bags and the first one was 45% copper for dist 9. We see what the other bags will yield. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/28/2010 : 16:52:42
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| bag 2 is 36% copper for dist 9 |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 03/01/2010 : 17:32:22
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| bag 3 20% one of the worst I have done 4 bags left to do. |
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Topic |
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Federal Reserve Bank Copper Percentages
Forum Locked
pending further reports, it looks like we might have an overall 23.62% copper percentage in zinc on a nationwide basis. Looks like there's something to be said for living in the Midwest after all 
