Poll Question:
how long do you think most people will stop penny roll searching because the amount of copper per roll is not worth the trouble of obtaining and searching the rolls?
Hi there- I new your a new member and welcome to the forum.
I would assume that if sorting percents fall below 10% (5 copper per a roll or less) that people will quit sorting pretty quickly once they find out their time might be better spent elsewhere. Its kinda like sorting purely for wheats- now its now even worth the time, but at one time I sure it was until the 1960s-70s?
I would say 6 months to year if not sooner- a couple dud boxes in a row for a prolonged time will turn a lot of people off.
I voted for twenty years. Although copper will be less accessible, its value will warrant searching for it. I think a modern day analogous situation is the Canucks who search for pre 82 Canadian nickels (which are pure nickel). It has been thirty years, but they are still around! Even with the recent changes in coinage.
What will hasten this process will be a move toward a cashless society. But that may take a few decades more.
tough to say really. if/when the cent gets discontinued percentages might go down.
ive been sorting at a decent pace now for almost 4 years and my percentages are only down less than 2% im still consistantly around 27%. if it gets below 10% im done.
where are you located? These are the kind of stats that interest me... what kind of effect are sorters having on percentages, if any? I sometimes wonder if even someone like Portland Mint puts a dent in the supply, perhaps the dilution is primarily due to new zincs being constantly added to the mix.
i have been at it awhile and have been pulling 30%.i expect that number to fall in the future as we all do.perhaps in 20 years we will see a drastic change.i just want to take advantage as much as possible right now since i am getting a little over 5 pounds of copper per box......by the way welcome to the forum
Its an open ended question because there are to many variables! If they don't change the composition and they don't lift the melt ban than it could be 10+ years. If they change the composition and don't lift the melt ban it could be 5+ years (because the mint would start sucking out the old ones) I voted 3 years because I think the melt ban may be lifted within that time.
aloneibreak you may have been sorting the same area for 4 years but unless you are really hitting that area hard than you won't really see a decrease.
If a person takes $1000 worth of copper out a month you have to consider that people cashing in their coins jars and whatever are putting XXX back into that same market. In order to effect any area you have to do a lot of sorting!
beauanderos- We don't keep track of percentages but when we were sorting heavy I could see a percentage drop...
How long until penny roll searching is over?
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Posted - 05/16/2010 : 21:48:42
