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Sheikh_yer_BuTay
Penny Pincher Member
USA
232 Posts |
 Posted - 07/19/2010 : 06:35:16
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I gave up searching for silver coins in circulation in the mid-seventies. I am thrilled to learn there is still silver coin in circulation today. Ready to start sorting again!
Question: How many hours per week do you sort for silver?
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UDEric
Penny Pincher Member
USA
202 Posts |
Posted - 07/19/2010 : 07:57:31
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| Actual time is harder to tell...sometimes we look fast, other times not. But in terms of dollar amount I'd say we go through $3K-$4K on a weekly basis. |
"Three things cannot be long hidden: the sun, the moon and the truth" |
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wayne1956
Penny Pincher Member
177 Posts |
Posted - 07/19/2010 : 09:42:16
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| A lot of it depends on your availability of coin sources. If you have a lot of banks you can purchase or dump at, then you can spend at least several hours a week at it. If you do not, then the time spent is much less as the availability of coins to search is less. |
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Kiwiman
Penny Pincher Member
225 Posts |
Posted - 07/19/2010 : 10:36:58
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| thats not a newby questing in my opinion |
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jtlee321
Penny Pincher Member
USA
136 Posts |
 Posted - 07/19/2010 : 13:51:04
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Not a newbie question at all.. That is a very good question to ask. You should want to know how much time to expect to put into this hobby (addiction). You may do as we all have done and declare that "I will only spend a few hours a week on it", but it will quickly grow and soon you will become consumed with finding ways to get more coin to sort.
Welcome and good luck on your endeavor. We meet regularly on Monday nights and then again every day after that.. |
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TXBullion
Penny Collector Member
374 Posts |
Posted - 07/19/2010 : 14:04:50
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jtlee 321 is correct, everyday after that. Some of us are even contemplating taking on 2nd usernames so that when you see who is online, you dont have to be embarrassed anymore that you are on 22/7
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 07/19/2010 : 14:16:04
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| Answering the question in a different fashion, since I sense this is what you really want to know... I've been "earning" about $10 an hour searching halves... but I like to think of it as $20 an hour, (since that's what I'd have to earn and then buy it after taxes are deducted). I go thru $2000 a week and only edge check. It takes me two hours to do that much. I return them at the same time I return my zincs, so it really doesn't cost me extra time there. Good luck if you try it. Check Country's half thread in tracking to see if you want to score like some of the other members. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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Sheikh_yer_BuTay
Penny Pincher Member
USA
232 Posts |
Posted - 07/19/2010 : 17:10:38
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LOL! Yeah, I've already got down the part of "everyday after that"!
According to Country's thread on halves, all of you together average a 0.62361% success rate. For me that looks like a VERY GOOD SUCCESS RATE. I am already a silver bug, you have re-educated me on how to acquire it.
I am really trying to figure out how much time to dedicate to this. I own a small business and on any given day I can't get it all done. In my business, part time is 40 hrs/wk, full time is 80. Don't take that as complaining. I love my job! The job generates profit (my pay). Part of the profit is dedicated to a retirement fund. Part of the retirement fund is dedicated to silver.
Now, if part of what I am working for is dedicated to getting silver, and I have re-discovered (thanks to Penny Forum) a better way to get silver... how much time should I budget for it?
I am going to start with $1,000 and see how it goes.
Thanks everyone for the comments. |
Edited by - Sheikh_yer_BuTay on 07/19/2010 17:11:20 |
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Dumb newbie question of the day
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