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 Which is harder?
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topeka
Penny Pincher Member


160 Posts

Posted - 04/18/2008 :  22:18:27  Show Profile Send topeka a Private Message
I am approaching 200k sorted. I have not seen a steel penny or an IH. Which one is harder to find?

Silver..poor mans gold
Copper..peasant silver

aloneibreak
Penny Hoarding Member



USA
672 Posts

Posted - 04/18/2008 :  22:24:39  Show Profile Send aloneibreak a Private Message
i would say i find 3 indians to every 1 steel. you're definately due for one or the other.

My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson
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moboman
1000+ Penny Miser Member



USA
2555 Posts

Posted - 04/18/2008 :  22:25:30  Show Profile Send moboman a Private Message
Indian head. I have found 4 steel pennies so far, only in CWR's. I think brinks might sort out anything steel because I havent found any canadian steel in a brinks roll yet.
I have yet to find an IH.

"99% of all lawyers give the rest of them a bad name"


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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 04/18/2008 :  22:47:16  Show Profile Send HoardCopperByTheTon a Private Message
Silver dimes in a penny roll. Only found 2 so far.. 1 mercury and 1 rosie.

Anybody can find Indians or Steels.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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moboman
1000+ Penny Miser Member



USA
2555 Posts

Posted - 04/18/2008 :  22:48:44  Show Profile Send moboman a Private Message
I sure wish I could find some silver dimes in penny rolls. I've only found cupro-nickel ones :(.

Topeka when did you start sorting? I only have 1k sorted and I started coming up on 4 weeks ago. Of course do to problems with brinks. Every bank in my area told me that brinks couldnt fill their orders for a couple weeks. I would never have thought the couple grand in unsorted pennies I had would have created brinks shortages! Atleast im still getting 25% copper.

"99% of all lawyers give the rest of them a bad name"



Edited by - moboman on 04/18/2008 22:52:04
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 04/18/2008 :  22:59:56  Show Profile Send HoardCopperByTheTon a Private Message
Oh, clad dime are easy.. I get lots of those. I got 2 solid rolls of them a while back wrapped in penny papers. I think I have actually found more Indians than steels.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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topeka
Penny Pincher Member



160 Posts

Posted - 04/19/2008 :  00:31:59  Show Profile Send topeka a Private Message
I have been sorting for about a month.

Silver..poor mans gold
Copper..peasant silver
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fiatboy
Administrator



912 Posts

Posted - 04/19/2008 :  01:00:17  Show Profile Send fiatboy a Private Message
I must be the exception. I find about 2 steelies for every Indian Head.

"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson
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Epaphras
Penny Collector Member



USA
382 Posts

Posted - 04/19/2008 :  06:25:35  Show Profile Send Epaphras a Private Message
About 5 steels and 2 indians for me.
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knibloe
1000+ Penny Miser Member



USA
1066 Posts

Posted - 04/19/2008 :  06:49:17  Show Profile Send knibloe a Private Message
Ive been sorting for three months. So far I haven't kept good track of the amt sorted, but I believe it to be between $1000-2000. Certainly no more than 2000. I have found two indians and one steel. The second indian and the steel were just this week.

It seems like every dime is find is a 65. So close yet so far from being silver.
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coincollector101
Penny Sorter Member



86 Posts

Posted - 04/19/2008 :  06:51:31  Show Profile Send coincollector101 a Private Message
Ive found 26 Steels in sorting 1.8 million pennies.
2 Ih in that time frame :( I'm ready for another.
Ive also Found two peices of silver in penny rolls.
One Rossie, and a silver pence.
Happy hunting,
CC
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NDFARMER
1000+ Penny Miser Member



USA
1197 Posts

Posted - 04/19/2008 :  08:28:50  Show Profile Send NDFARMER a Private Message
I am way behind you guys on both coins. After today I will be right near one million coins sorted since the middle of January. I have only found 3 Indians and NO steels in one million coins. But the good news is my copper percentage is still running between 30 and 35 percent and has not fallen off yet.

COPPER - the "poormans" precious metal!!!

SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested.
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Flbandit
Penny Hoarding Member



USA
851 Posts

Posted - 04/19/2008 :  09:25:56  Show Profile Send Flbandit a Private Message
I haven't found either yet. I've sorted low quantities ($1 to $5 at a time) for about a year, but I just started getting more serious about it around a month ago. In fact I just picked up my first %25 box yesterday. Maybe Beginners luck?

Are you throwing that out?
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Tourney64
1000+ Penny Miser Member



USA
1035 Posts

Posted - 04/19/2008 :  09:44:47  Show Profile Send Tourney64 a Private Message
Over 400,000 coins on my Ryedale. Thousands more sorted by hand.
Indian Head - 1
Steel Pennies - 0
Silver Dimes - 0
Cupro Nickels - 1

Someone who I shared my coin sorting with has found a steel penny after sorting a few thousand.
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JSutter
Penny Pincher Member



214 Posts

Posted - 04/19/2008 :  10:18:56  Show Profile Send JSutter a Private Message
I've yet to find an Indian head, I got three steelies in one Brinks box. Guess I'm going to have to start hand sorting my zincs too.
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fiatboy
Administrator



912 Posts

Posted - 04/19/2008 :  12:49:05  Show Profile Send fiatboy a Private Message
I've found more silver dimes than Indian Heads.

"Bart, it's not about how many stocks you have, it's about how much copper wire you can get out of the building." --- Homer Simpson
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 04/19/2008 :  19:28:01  Show Profile Send NotABigDeal a Private Message
I've found quite a few steel pennies, even a few really nice ones. Still no Indians....

Deal

Live free or die.
Plain and simple.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams
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Centsearcher
Penny Pincher Member



USA
107 Posts

Posted - 04/19/2008 :  21:15:28  Show Profile Send Centsearcher a Private Message
I've found one of each, but the steel was from my friends pocket change as opposed to the indian, which was from a sorted box. I still count that as one for one in my book.

--Misplaced Numismatist--

Democracy: The only system where any two idiots can out-vote a genius

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PennyProspector
Penny Pincher Member



USA
212 Posts

Posted - 04/19/2008 :  23:03:41  Show Profile Send PennyProspector a Private Message
I have found 5 Indians and 8-10 Steel. (all but 1 are in bad shape... but steel still holds up better than Zink)

I think I get more steel because I only sort customer return bags and I would guess that Brinks has some sort of magnetic sorter to pull out steel washers Etc. and would also extract the steel pennies.

Happy Prospecting!
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CoinHunter53562
1000+ Penny Miser Member



USA
1805 Posts

Posted - 04/19/2008 :  23:58:51  Show Profile Send CoinHunter53562 a Private Message
None of each here, but I have only done 67K pennies so far hand sorted but this is a good topic and good to see the variety of answers. Hopefully I get one or the other soon.

My hobby: collecting real money 1 copper cent or nickel at a time.

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jpf231
Penny Collector Member



USA
340 Posts

Posted - 04/20/2008 :  08:12:43  Show Profile Send jpf231 a Private Message
Approaching 500,000 pennies sorted here - I have found 1- 1901 IH and not a single steel. I have filled up a Whitman album 1909-40 about 1/3rd of the way. Found: 09,10,11,12,12D,14,17,19,20,21,24, etc...
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Mike
Penny Sorter Member



USA
65 Posts

Posted - 04/20/2008 :  10:46:10  Show Profile Send Mike a Private Message
I've only been sorting for about three months, and typically do $10 to $20 a week by hand.

So far I haven't found any Indian Head Cents, but have found one WWII Steel Cent.
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misteroman
Administrator



USA
2565 Posts

Posted - 04/20/2008 :  12:50:36  Show Profile Send misteroman a Private Message
No IHP or steel here either.
D

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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Mike
Penny Sorter Member



USA
65 Posts

Posted - 04/20/2008 :  17:56:47  Show Profile Send Mike a Private Message
I just finished sorting this week's penny rolls. Found two clad dimes in one of the rolls. First time that's happened.

Off to the bank for more tomorrow.
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moboman
1000+ Penny Miser Member



USA
2555 Posts

Posted - 04/20/2008 :  20:37:08  Show Profile Send moboman a Private Message
I did get an Indian head penny that had a groccer's name on it. Its from 1863, its in really poor shape, but most of the information is readable.

I'm approaching 400k sorted. I'm trying to catchup to HCBT! I spent this entire weekend working on my Honda 600, so I didnt get any sorted. I guess I cant catchup that way :(. I need to get penny sorting slaves!!!

"99% of all lawyers give the rest of them a bad name"


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horgad
1000+ Penny Miser Member



USA
1641 Posts

Posted - 04/21/2008 :  08:27:24  Show Profile Send horgad a Private Message
It just goes to show that when you try to compare low probability events like finding an IH versus finding a steely that results will vary greatly unless HUGE sample sizes are used. As for myself, I don't have an exact count handy but I am pretty sure that for me it is close to 1 to 1 with maybe IHs slightly ahead.
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