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 Sorting Percentages and Buying Reports XV
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 09/14/2008 :  13:18:25  Show Profile Send HoardCopperByTheTon a Private Message
quote:
Originally posted by NotABigDeal

quote:
Originally posted by HoardCopperByTheTon

Just got home from the football game, so no sorting tonight. Boy, it's going to be tough to be a Raider fan this year.

Sorted a bag of CWR this morning.
1500 copper
Exactly 30%!!! - Much better than my typical 20%


So, a Raider fan huh? Equally tough being my team's fan. Your team travels to play my team this weekend. Yep, Chiefs. Care to make a small wager?

Deal


Whoohoo!!! The Raiders are whoopin' up on KC! Not sure I would have even bet 1 copper cent on the game.. LOL.

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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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 09/14/2008 :  18:08:02  Show Profile Send NotABigDeal a Private Message
Should have bet me. Maybe next time. November 30th is the next meeting. What do you say?

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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Cerulean
Penny Hoarding Member



USA
993 Posts

Posted - 09/15/2008 :  20:50:38  Show Profile Send Cerulean a Private Message
Seven bank rolls (some customer-wrapped, some machine-rolled), and a handful from circulation:

341 zincs (1982-2008) 73.8%
115 coppers (1960-1982) 24.9%
3 wheats (1934-1943)
3 canadians (2003-2007)
------------------------------
462 coins

1982 Breakdown: 14 copper, 3 zinc (82.4% Cu)

Sorting Map
2010 First Finds Contest
Are you a Buffalo Hunter?
Wanna take seignorage away from the Fed? Spend *any* coins!
We cannot afford this government.
Cerulean's Standing Offer: $3/lb shipped for foreign coins
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pencilvanian
1000+ Penny Miser Member



USA
2209 Posts

Posted - 09/17/2008 :  17:18:03  Show Profile Send pencilvanian a Private Message
I decided to try my hand at penny sorting today

Results:

$25 brick of pennies

699 Pre 82 cents
11 Wheats
3 Canadian
42 copper 82 cents

755 copper total 30.2%
I think this is my best total yet.
I decided to buy the pennies from a different bank branch that is a few miles away.
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n/a
deleted



146 Posts

Posted - 09/17/2008 :  19:53:00  Show Profile Send n/a a Private Message
It was a nice day for this hand sorter.

I scored what I think were 4 customer wrapped rolls today...one was marked "80/81" and the other 3 were marked "70s". 100% US coppers in those 4 rolls although there was one LMC from the 60s in one of the 70s rolls.

Going back to that bank tomorrow after I get the proceeds from my paltry zinc dumps to see if there are any more rolls like that there ;-)

And I also found 7 cents in the Wal-Mart parking lot next to my parking space (1 US Cu 1 US Zinc and 1 US Nickel) And my first ever dime in a penny roll. Free money is neat!

Other bank rolls were the typical 25-33% for me...not bad.

By the way would someone who is a Canadian penny expert tell me the cutoff date for Cu Canadian pennies? I only have 4 of them (1959 1969 1978 & 1981) but I think they're all Cu and not plated steel. Would love to exchange them for US Cu LMCs with one of our Canucks here (we could be doing a little mutual repatriating of coins and these could easily go by airmail :)

Edited by - n/a on 09/18/2008 10:14:20
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 09/18/2008 :  06:13:42  Show Profile Send NotABigDeal a Private Message
I'm not Canadian, but I believe the cutoff year for copper was '96. Maybe someone more knowledgeable on the subject will correct me if I'm wrong.

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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n/a
deleted



146 Posts

Posted - 09/18/2008 :  10:13:25  Show Profile Send n/a a Private Message
Could we maybe have a sticky on Canadian pennies the way we do for US pennies? I have a feeling with all the people pulling their change and turning it in we will see a lot more Canadian coins in our sorts (amazingly every penny counts to them but to actually pay for stuff and not pile up more debt and interest charges)
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gothboi30
Penny Collector Member



USA
286 Posts

Posted - 09/20/2008 :  06:38:39  Show Profile Send gothboi30 a Private Message
Hi everyone. Sorted my first $25.00 Brinks box last night. Here are the totals. 610 copper (roughly 24%); 15 wheat(roughly .06%) '21,'36, '41d, '44(x3), '45(x3), '47, '52d(x2), '55d, '56d, '58d; 58 1982 (roughly 2.25%); 6 Canadian pennies (roughly .025%) '60, '77, '80(x2), '83, '85. I'm glad that my first roll yeilded 2 wheats!! Will be going to get more boxes today. Will post those percentages when I'm done. Zinc totals for this box were 1,811 (roughly 72.5%)
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JerrySpringer
Penny Hoarding Member



669 Posts

Posted - 09/20/2008 :  14:43:48  Show Profile Send JerrySpringer a Private Message
Picked up two Brinks boxes tonight to sort. You know it is going to be another wild night at the Springer pad once I start cracking open the rolls and checking dates.
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JerrySpringer
Penny Hoarding Member



669 Posts

Posted - 09/20/2008 :  16:04:29  Show Profile Send JerrySpringer a Private Message
Already, two dimes and a Panamanian Centesimo in my finds tonight. Is Brinks getting sloppy? Two dimes slipped through their sorting machine and got rolled?
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gothboi30
Penny Collector Member



USA
286 Posts

Posted - 09/21/2008 :  10:44:20  Show Profile Send gothboi30 a Private Message
Hi everyone!! sorted another $25 bank box last night and this morning (Dunbar maybe?). Forgot to keep totals (sorry!!) except for 6 wheats, and 6 Canadian pennies. Box was pretty lean, much more zinc than usual. Weird box, in that every other roll tended to be Cu heavy, then I'd go to the next roll, only to find only 2 or 3 cu coins in the whole roll. Has this happened to anyone else; that is rolls in the same box alternating between cu heavy and zn heavy???
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n/a
deleted



146 Posts

Posted - 09/21/2008 :  13:03:04  Show Profile Send n/a a Private Message
gothboi30 I have that happen to me sometimes...I wonder if that is a function of how big machine sorters and rollers work?

Assuming all the Cu pennies tend to drop to the bottom of a container because they are heavier than the zinc pennies, maybe the first rolls made are Cu light and later rolls are Cu heavy?
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ScottyTX
Penny Hoarding Member



USA
508 Posts

Posted - 09/22/2008 :  21:45:46  Show Profile Send ScottyTX a Private Message
25.00 cwi box

2500 zincs

sigh, 4th skunk box this year and I only sort 1 box every week or two, hummmm I'm thinking TXTim or someone else's dump bank is delivering to my BofA branch.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 09/22/2008 :  22:01:25  Show Profile Send HoardCopperByTheTon a Private Message
*Dumps at BofA*

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 - 09/22/2008 :  22:10:50  Show Profile Send moboman a Private Message

quote:
Originally posted by HoardCopperByTheTon
Just got home from the football game, so no sorting tonight. Boy, it's going to be tough to be a Raider fan this year.



I'm not a fan, but the good ol bengals are 0-3! Everything I buy has tax on it to pay for their's and the red's new stadium and yet neither team can seem to buy a win! Sorry, just when bullion is taxed for these guys....

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


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eharrison
Penny Pincher Member



USA
234 Posts

Posted - 09/22/2008 :  22:53:22  Show Profile Send eharrison a Private Message
decided to post some numbers after a hiatus from pennies this summer.
from my latest sort this evening.

Cu 637 25.48%
Wheat 004 1944-55
82 all 097
Cu 82 091
Can. 002 1987 & 2001
S mint 003 1970 (all)

In the past weeks worth of sort I have also found counterstamps: a heart w/ I love you inside and a clover.
***EDIT: They were glorious CWR rolls, this one of the highest % i have gotten for a $25 sort.

Freedom is popular
That's why I voted
Ron Paul!

Edited by - eharrison on 09/22/2008 22:55:57
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jadedragon
Administrator



Canada
3788 Posts

Posted - 09/22/2008 :  23:10:29  Show Profile Send jadedragon a Private Message
nomore - resident Canadian penny expert here - I sort almost as many Canadians as HCBTT does mixed in with his US coin.

You must be logged in to see this link. (or go under "Countries" on the main page. You must be logged in to see this link.(Canadian_coin) for composition, though wikipedia and other online sources including the RCM site itself do not reflect the mixed zinc/steel assortment produced since 2000, not that it matters if you are sorting for copper.

Short answer - if the Canadian Penny is dated 1996 or earlier you are holding 98% copper. Not only is it more then 2X as pure as that Memorial, it is also very meltable outside Canada.

I did a write up on this recently. Maybe I can find it again and post a sticky thread.

nomore - I create and sort +/- $100 bins of mixed coin and have never noticed that the copper drops to the bottom. If it did it would make my sorting easier. What you are really seeing is the effects of new coins getting dumped in directly, old coin jars getting dumped, chain stores mixing new coin and coin from customers, and normal circulation coin. New coin gets introduced through brinks, so that would tend to lower the Cu percent vs CWR - however Brinks has lots of coin, so we still love them.

ScottyTX - not only does HCBTT dump some of his zinc at BoA, but I dump 100% of my US zinc into BoA. There is no hope for you not to see some of our pennies.

“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
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 09/23/2008 :  06:08:52  Show Profile Send NotABigDeal a Private Message
quote:
Originally posted by moboman


quote:
Originally posted by HoardCopperByTheTon
Just got home from the football game, so no sorting tonight. Boy, it's going to be tough to be a Raider fan this year.



I'm not a fan, but the good ol bengals are 0-3! Everything I buy has tax on it to pay for their's and the red's new stadium and yet neither team can seem to buy a win! Sorry, just when bullion is taxed for these guys....


KC fan here. Tough. We too are getting makeovers at the Chief's and Royal's stadiums. Yet, we can't get any wins in baseball or football, go figure.

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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n/a
deleted



146 Posts

Posted - 09/23/2008 :  09:37:51  Show Profile Send n/a a Private Message
legacypac I take it that Canada like the USA has a melt ban on its pennies? I was thinking of finding someone to exchange Cu Canadian pennies with for Cu USA LMCs but maybe that's not worth it if the person to trade with is in Canada?

BTW I think I'll do the same with the few wheat cents I am acccumulating (~20 at last count), trade them off for for Cu USA LMCs to someone who is collecting them. I am just stashing spendable copper (otherwise there's not much rare about the pennies I am sorting that is for sure) for when the Great Economic Catastrophe finally hits us here in the USA and using the destitute person's hedge (copper). Wheaties ought to be in the hands of someone who loves them and only spent as an absolute last resort. I did the numismatic thing as a kid, have moved onto other hobbies but am squirreling away what I think will be valuable for the future as currency/money (it won't be paper FRNs, of that I am sure ).

And since I hand sort (which means that at most I have maybe 50 pennies in my hand at a time), the first pennies off the pile in hand tend to be zinc then the Cu pennies come later close to when I am finishing up sorting a roll. Why that is I don't know but that's something I've noticed.

Edited by - n/a on 09/23/2008 09:41:36
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jadedragon
Administrator



Canada
3788 Posts

Posted - 09/23/2008 :  15:16:33  Show Profile Send jadedragon a Private Message
nomore - I have been known to buy Cu and non-Cu Canadian pennies occasionally on realcent. I can get Cu far easier then you guys can (about 50% of bank sourced pennies are Cu here) but I am willing to play market maker for Canadian pennies as required since it is less work then sorting them. Sorting cuts into my posting time. I see no point in trading US for Canadian Copper despite the small price premium on the 98% Cu, mainly because double shipping eats up too much value.

If you accumulate enough wheats, there is a ready market for them in bulk on eBay, or at the coin shops, or here. There is even the webuypennies.com guy. I really like the wheats and Canadian kings for copper investment value because they still contain the same copper play, but also carry a premium over face value to collectors too. So even if copper drops and stays down (crazy I know), those older coins will still likely be worth a collector premium. In fact, those old pennies have been rising faster in collector value then copper value (4 or 5 cents each vs. 1.5 cents each for Cu Memorials). I like multiple exit strategies and options :)

“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
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gothboi30
Penny Collector Member



USA
286 Posts

Posted - 09/24/2008 :  12:22:35  Show Profile Send gothboi30 a Private Message
Finished sorting my third $25 bank box today (Brinks). Results are as follows (includes some coins thrown in from loose change): 639 copper (roughly 25.5%); 1,768 zinc (roughly 70.5%); 73 1982 (roughly 2.9%); 12 wheats (roughly 0.48%) '12, '25, '43d steel (!), '46(x2), '46d, '47d, '48d(x2), '49, '53, and '57d; 8 Canadian pennies (roughly 0.32%) '40, '83, '84, '89, '91, '98(x2), and '99. I have questions about the '40 Canadian, and the US '12 and '43d steel. Are these 3 worth anything significant? If so, is it worthwhile to have them preserved in some way? The US '12 is badly tarnished/oxidized; however the US '43d steel and the Canadian '40 are in pretty good condition.
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Delawhere Jack
1000+ Penny Miser Member



USA
1680 Posts

Posted - 09/24/2008 :  18:22:00  Show Profile Send Delawhere Jack a Private Message
$24 sorted, bought from my boss, rolled by his mom

Cu cents 660
Wheats 5
Can cents 4
Dimes 2
Wild indians 0

27.8% Cu

Lots of very nice condition 60's and early 70's.

"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." Thomas Jefferson

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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 09/25/2008 :  01:37:30  Show Profile Send HoardCopperByTheTon a Private Message
Managed to sneak in a little sorting tonight.

20 Brinks Boxes from the pile - 50,000 coins
9768 Copper
not 1 darn dime
not a single wild indian
19.54%

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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killerken53
Penny Pincher Member



172 Posts

Posted - 09/25/2008 :  20:27:38  Show Profile Send killerken53 a Private Message
First box I have bothered to tally, all CWR in older red paper wrappers

Copper 1935 77.6%
Wheat 31 1.2%
unsorted 82s 126 5.1%
Zinc (83-85) 128 5.1%
Canadian (all copper)273 11%
1 blank planchet

I'll probably never beat this either, but it was great fun.
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