| Author |
 Topic  |
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
 Posted - 05/25/2008 : 23:03:23
|
Got a nice little piece of new equipment for the penny sorting operation today. You know I am big on equipment. This new device was much cheaper than most of my other equipment purchases. It is an LED light that straps onto your head for hands-free directing of light where you want it. Kind of like the old miner's with their lights mounted to their hard hats. It is perfect for my copper mining operation. This might even improve my chances of finding even more of those elusive "feathered liberties" that texcattlerancher still does not belive exist in my zinc rejects. I have only found 11 so far this year so I needed this new gadget to help with the search. 
|
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. |
|
|
Flbandit
Penny Hoarding Member
USA
851 Posts |
Posted - 05/25/2008 : 23:18:51
|
| Only 11!!!!?? |
Are you throwing that out? |
 |
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/26/2008 : 08:43:03
|
| Yeah, I know.. sad, isn't it? |
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. |
|
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 05/26/2008 : 09:57:47
|
I have one I could have sent you for free. I think it is even unopened. Bought it for working in the caves for work, but never used it. I think it has three LED lights.
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 |
|
|
|
misteroman
Administrator
USA
2565 Posts |
Posted - 05/26/2008 : 11:16:23
|
Deal
What do you do that you work in caves?Silver/gold miner? |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
|
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 05/26/2008 : 11:27:20
|
I wish.... I'm in the HVAC/R industry. We do a lot of work in underground cave complexes/warehouses. Mostly hanging 10-15 ton units from the ceiling. We then run line sets to the coil blower, if not package units, and hang any duct that is required, that of which we also make. Some times when the caves are being dug deeper or further we work in pitch black. Sometimes without power.
Deal
p.s. Info: Most of the units are used for dehumidification of individual buildings in the caves, as the humidity can be crazy high in the caves. My work is also based in a cave complex. I went to my shop yesterday and it was so humid in the cave that the ceiling was dripping, and you could barely see through the fog in the roadway with your brights on.... |
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 |
|
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 05/26/2008 : 11:29:18
|
Oh yeah, never found gold or anything. But sometimes there are bats. Pretty cool if you ask me.
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 |
|
|
|
moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 05/26/2008 : 11:48:58
|
I like going caving with a bunch of other guys. crawling on your hands and knees through a dark small cramped area can really be a lot of fun.
One time we went, we only got about 50 yards in and the cave was flooded  |
"99% of all lawyers give the rest of them a bad name" 
|
|
|
|
TenBears
1000+ Penny Miser Member
USA
1021 Posts |
Posted - 05/26/2008 : 12:38:51
|
Dang, I needed one of those lights back when I was hand sorting.
Hoard -- Merely for scientific purposes mind you, but do you only do one run with your Ryedale with zincs going into accept and copper going to the reject? I have my Ryedale set up so that when I have a zinc as the comparison penny, all old wheats, and even domestic Feathered Liberties go to the copper (reject side).
|
"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
|
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/26/2008 : 22:48:49
|
| tex.. yes, I only do one run.. using a copper penny standard. I then sift through the zinc rejects by hand before dumping them in the coin counter. I went to this method last year after finding a couple of Feathered Liberties in coins that had been double sorted. They had been sorted using both a copper standard and a zinc standard and still some of them were trying to sneak away. I figured the only way to be certain I wasn't giving any away was to look. I purchased a large tray for this at the dollar store and can actually go through them faster than the Ryedale can sort them. One of my better equipment purchases. It is getting harder and harder for me to buy equipment that I don't already have. And when I do buy duplicate machines I get questions like "Why do you need 2 rolling machines" Why, it's obvious isn't it? .. So I can roll twice as fast! |
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. |
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 05/26/2008 : 22:54:10
|
| HCBTT - I can't compete with your setup, but am getting ready to start automating. If you were starting with nothing except tupperware what would you buy first, second, third? Ryedale, rollers, counters, other? I don't mind spending a few hundred on this project (got that tied up in coin already anyhow). |
“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 |
|
|
|
moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 05/26/2008 : 23:02:30
|
Legacy,
I went Ryedale, counter, Now i'm thinking about a rolling machine. I can return bags to the bank, so that's the main reason I got the counter. I bought the 2 within a week of eachother. I think the ryedale I picked up at Fedex on Saturday and my counter came monday. |
"99% of all lawyers give the rest of them a bad name"
|
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 05/26/2008 : 23:18:30
|
I have not found a place to return loose/counted coin. Rolled coin seems to be the standard here - never even seen anyone with loose bags. The only autocounter I ever saw was at a local CU and they finally took it out after it kept breaking down after 5 years or so in service.
I'm thinking Roller and Ryedale since I spend more time rolling then sorting right now. I did pick up some plastic sleves today at a coin dealer. I intend to fill them, and dump them into the paper rolls. However they seem to be a bit tight in early trials, and the coins are getting stuck going in. |
“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 |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/26/2008 : 23:20:23
|
Wish I lived where you do legacypac.. I would really be going to town. Your copper percentages are much higher and there are still plenty of "real nickels" up there.
I have learned a bit in getting to where I am now. The equipment you buy would depend on what volume level you are going to play at and what the coin policies are at your banks. First piece of equipment would be a good sturdy cart to wheel the pennies in and out of the bank with. If you throw your back out toting pennies none of the rest of it matters. Next you will want a Ryedale. The Apprentice model would be just fine. You may want to get the nickel attachment and variable speed control on that if you plan on doing nickels. The other stuff will depend on how your banks will accept returned coin. If you have a bank that has a lobby coin machine or will accept coin loose in a bag and count it for you that is ideal. If you plan on selling off some of the coppers at some point you will need a decent coin counter, but you can probably get pretty close with a good scale if exact count isn't important. Real Rolling machines are horribly expensive. You can support a smaller operation with something like a Royal Sovereign.. It is a serious improvement over rolling by hand so you are getting a good bang for your buck.. even if your buck costs more than ours now. |
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. |
|
|
|
moboman
1000+ Penny Miser Member
USA
2555 Posts |
 Posted - 05/26/2008 : 23:26:30
|
quote:
Originally posted by legacypac
I have not found a place to return loose/counted coin. Rolled coin seems to be the standard here - never even seen anyone with loose bags. The only autocounter I ever saw was at a local CU and they finally took it out after it kept breaking down after 5 years or so in service.
All the banks in my area got rid of their counters after they kept breaking.
Go to the bank where you have been banking at for a while and is your main bank and ask them if you can bring in bags. That you have a high speed coin counter and there will be the exact amount in each bag. If they say you cant bring bags in even after that, try other banks, or get a roller.
Banks are hurting right now, they might want to fight for your business.
|
"99% of all lawyers give the rest of them a bad name"
|
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/26/2008 : 23:35:53
|
| One of those Royal Sovereign machines would really speed up your rolling operation. You can go with a 3 row or 2 row model also.. you don't have to get the 4 row model. A real rolling machine is a serious step up.. it can set you back over a $grand. If you do end up getting a rolling machine be sure it is not a Casino model. Most casino models do not roll pennies. |
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. |
|
|
|
moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 05/26/2008 : 23:40:03
|
quote:
Originally posted by HoardCopperByTheTon
One of those Royal Sovereign machines would really speed up your rolling operation. You can go with a 3 row or 2 row model also.. you don't have to get the 4 row model. A real rolling machine is a serious step up.. it can set you back over a $grand. If you do end up getting a rolling machine be sure it is not a Casino model. Most casino models do not roll pennies.
I wondered, do coin rolling machines hold their value? Say I bought one, rolled a lot, resold it. Would there be someone to buy it/would I get about what I paid for it? |
"99% of all lawyers give the rest of them a bad name"
|
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 05/26/2008 : 23:45:38
|
I started in the nickels after finding You must be logged in to see this link. I am up to just shy of $300 face in pure Nickel sorted out. Also have about double that or so in CuNi sorted out, all by hand.
Picked up a few boxes of pennies after being inspired here. I am shocked at the high percentage of copper pennies in BC so far. I am thinking if you guys can make the penny thing work at 15-20% copper, it should work a lot better at 55%+ % copper in the Canadian I've sorted so far, with lower % Cu in the US pennies mixed in. Even dumping does not seem to be a big deal so far since I am keeping near 50% of what I buy and already have quite a few accounts at different CU, each with many branches in the area to deposit into.
Next I will be taking the plunge into pre-ordering coin from one of my Credit Unions. Had an aweful time doing drivebys while my wife was shopping in the City today. Got Nil, $17, $150, and then $60 in a combination of Nickels and Pennies. Also walked out of 3 banks rather then wait in long lines, then tie up tellers to get coin from the vault while the lines get longer. You would think coin is going out of style or something. |
“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 |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/26/2008 : 23:48:25
|
| Depends on if you bought it right.. like you did your counting machine. If you bought a new one at $7300 you would definately feel the hit when you sold it. I could double my money on my rolling machines.. but they are too hard to replace. As long as you have a bank that will take coins in a bag you don't really need a rolling machine. |
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. |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/26/2008 : 23:53:37
|
| Sounds like you have the right idea legacypac. A good coin disposal program is crucial.. especially after you get a Ryedale and start doing $1000 a week or so. |
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. |
|
|
|
n/a
deleted
51 Posts |
Posted - 05/27/2008 : 09:48:30
|
Just an fyi... I'm a newb (and cheap!) so I'm going to give a shot at making my own sorter from an eBay coin comparitor. I'm picking it up at the post office today & I'll let you know how/if it works!
I'm guessing I'll need a rolling machine eventually, but we'll see. |
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 05/27/2008 : 16:17:59
|
| That sounds about right for a 4 row model. It is not a real coin rolling machine, but it is a nice step up from hand rolling. |
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. |
|
|
|
PennehChaos.
Penny Collector Member
USA
269 Posts |
Posted - 05/27/2008 : 16:32:39
|
Aww, i thought you'd scored a good deal on a roll buster.
Once you get one of those, you'll just need to start shopping for a couple of surplus iRobot weapons platforms to handle your pickups and returns, and you'll achieve perfect hoard efficiency! |
Considering Verizon Business service? Perhaps you'd like to consider a nice drain cleaner enema instead? |
|
|
|
n/a
deleted
51 Posts |
Posted - 05/27/2008 : 19:58:18
|
Ok..as I promised- I got my comparator (actually several, it was a huge deal) and hacked together a wooden test stand. Nothing special, just some wood scraps to hold the thing high enough to shove some plastic tubs under. They are 12volt and only suck 220ma so I wired up an old wall-wart to power them, and they work like a charm. More testing tomorrow but a small handful of 5 zincs & six coppers fed through as fast as I could by hand and using a copper standard is hitting 100% correct. I tried a zinc standard and was only getting about 95%. I think they need cleaning (the comparators) and I'm also going to adjust the sensitivity.
If anyone is handy enough to build a frame to hold the units and a hopper, it's hard to beat $20 to $40 U.S. on eBaY for one of these things! I'll try to share what I know about them so far if anyone is interested. |
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 05/27/2008 : 20:16:05
|
Sorry for all the questions - I want to get this right.
Option 1: Buy a 4 roll Royal Sovereign and feed it steel nickels only or zinc/steel pennies only (I don't have mixed coin like a merchant would). I'll need the preformed coin rolls, but it fills 4 rolls at a time, filling each roll full. No more counting coins and stuffing them in rolls!
1. Does it seal the rolls up, or is that by hand?
2. Can I recycle all (or most) of the coin rolls I emptied out?
3. The photos look like the rolls are full to the top, but they still need to be sealed so they must have a finger on the bottom pushing the coin up, so that the coins drop down to give some headroom for roll sealing.
4. Does the machine just stop when the rolls are full, and restart when new rolls are inserted?
Option 2: More expensive option, but much greater throughput is to get some kind of machine that would use these rolls of paper:
You must be logged in to see this link.
What does a professional roller look like/what brands? It would be much cheaper on the coin wrappers. A web search yielded nada so I must not be searching with the wrong key words. If I want to go to town like HCBTT I need the right equipment!
The coin roller can be printed with my company name and message - "Legacypac Coin Services - 100% Nickel Free Nickels" or "100% Dishonest Money")
I am thinking seriously about this - I have the space required, have access to the cash required, and my test sorts are giving profitable yields assuming there is good volume throughput. There are potentially years of copper pennies and nickel nickels to sort out in Canada, though I realize that Coinage (and coinstar with them) is pulling Ni out of circulation. After that, the Quarters should be worth sorting out. Then I could move to Malaysia where we have a second home and start into the copper coins. |
“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 |
Edited by - jadedragon on 05/27/2008 20:37:59 |
|
|
|
Topic |
|
New Equipment
Forum Locked
