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misteroman
Administrator
USA
2565 Posts |
 Posted - 04/24/2008 : 13:52:17
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Picked up my 4 boxes at the bank today and had a half hour to kill so thought I would sort a few.I get the String and sons $25 box.Open up the top of the box and was like uh-oh they all look newer.
Cracked open a few roll 0 COPPERS!!!!!!!!All 82Z-08 Set the box down,grabbed another one,same thing .Third box ditto.
At least the 4th box was had some 70's at the ends but I noticed that box was three weeks older.March 17 vs April 9.Any idea what just happened?They weren't CWR and the bank I've been getting them from has been a solid 20-25% from day one.These were like the other boxes I've gotten all along except for the copper.
Your thoughts?
Derek
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Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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TenBears
1000+ Penny Miser Member
USA
1021 Posts |
Posted - 04/24/2008 : 14:45:46
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| Yes, I think so. Since you're getting out of the game, I'm sure the other members of this forum will buy your copper, silver and gold for face value in order to take that unwanted metal off your hands. We're just nice that way. How much do you have, and where do we send the check? |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/24/2008 : 16:18:30
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Duds happen! You aren't the first guy this has happened to. Imagine getting an entire order of 24 boxes and having them all turn out this way. It happened to me. Fortunately the next shipment of 24 boxes was all normal again.. so it is not over for you. Probably just one of c140cessna's zinc dumps moving through the system. Get yourself a good scale and weigh the boxes before opening them. That is what most of us that have experienced this do. You can also check the roll weights for each roll. Sometimes there are some great older wheat cents in the couple of coppers they missed. I got a really nice 1925-S out of one of these dud boxes.  |
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. |
Edited by - HoardCopperByTheTon on 04/24/2008 16:20:57 |
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misteroman
Administrator
USA
2565 Posts |
Posted - 04/24/2008 : 23:46:38
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grrrr just typed in a reply and now it's not here.
What I'm wondering,is how a big place like String and sons could roll 100's of rolls and have no CU's in them unless they are sorting?If they were CWR I could understand completely.Don't they just dump millions of pennies into a hopper/counter and just roll them.It would seem as though every one of the millions would have to be zincs for me to get complete boxes of them.
I'm I wrong in thinking this way?
D |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/25/2008 : 00:06:41
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I think the principal is similar to the way cards stay together when they are shuffled. Some serious Blackjack players stay aware of this through what we call shuffle tracking.
Somebody (say c140cessna) sorts a bunch of pennies and deposits the zinc, either loose in bags or in rolls. The receiving bank ships it to the coin processor, either in bags containing loose coins or rolls. The rolls are busted open at the coin processor and then poured in a counting machine for count verification.. same with the bags of loose cents. After count verification they are moved by hopper over to automatic rolling machines where they are wrapped in nice fresh N.F. String & Son paper. The rolls are then boxed either through an automatic machine that places the rolls in the box or manually depending on the size of the operation. Those boxes are then placed on a pallet ready to go out with the trucks to satisfy orders from the bank. The same group of pennies will stay together through the entire process. By the way, N.F. String & Son does not process coin.. they only sell the paper to whoever the coin processor is. It is good quality rolling paper.. I have several rolls myself. |
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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misteroman
Administrator
USA
2565 Posts |
Posted - 04/25/2008 : 01:03:55
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| Thanks for clearing that up a little.I could imagine if I actually got a Brinks shipment delivered and it was all Zincs,I would probably tell the drivers I wasn't here and to load it back up and here's $50 for your trouble. |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 04/25/2008 : 07:14:15
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quote:
Originally posted by misteroman
Thanks for clearing that up a little.I could imagine if I actually got a Brinks shipment delivered and it was all Zincs,I would probably tell the drivers I wasn't here and to load it back up and here's $50 for your trouble.
Think of it as a river of pennies and somebody upstream from you flushed their toilet and put some pooh-zincs into the river. Unfortunately you got thristy and went to the river to get a drink at the exact moment that the pooh-zincs were flowing by. If you had waited another minute, you would have been fine.  |
Edited by - horgad on 04/25/2008 07:14:51 |
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Tourney64
1000+ Penny Miser Member
USA
1035 Posts |
Posted - 04/25/2008 : 07:25:41
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| I have worse luck with the String & Sons boxes. Brinks has been better. Still waiting on my 1st Dud box of 2008 and hope it never comes (fingers & toes are crossed). I still haven't seen a 2008 in any Brinks boxes (fingers & toes are still crossed). |
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misteroman
Administrator
USA
2565 Posts |
Posted - 04/25/2008 : 12:29:12
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As long as they are all 08's I'll be happy.Into the closet they go
D |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 04/25/2008 : 13:53:01
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Yes, I too originally thought that Brinks was sorting out the copper...
I got skunked in three boxes,
But Now I am convinced that SOMEONE is sorting them out, but it is probably just another sorters 'large' dump that made it back in.
Check this: if someone dumbs $175 worth the bank will fill 2-3 solid $50 bags of zincs. THe company(brinks or other) will pick them up, bring back to base camp, cut them open and dump them into the machine. SInce some banks depend on the Brinks company to DOUBLE CHECK their count and 'pay' them accordingly it is very likely they don't MIX THEM UP with other coins, that his $50 bag gets sent through the machine by itself, then they would go straight to the rolling machine TOGETHER.
Not at all a stretch to realize how easily this could happen.
THE 24 BOX SKUNK is more difficult to explain... and we hope it rarely happens!!!!!! |
"May your percentages ever increase!" |
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wheeler_dealer
Penny Collector Member
USA
402 Posts |
Posted - 04/25/2008 : 23:50:23
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Misteroman,
Sorry! you must have gotten my zinc dumps. I am flooding the Grand Island market with them just to help you be able to get more to sort. glad to help out pal. Just go buy more. |
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misteroman
Administrator
USA
2565 Posts |
Posted - 04/26/2008 : 02:04:20
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^^ where u been?
D |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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Is it over for me??
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