Classic Realcent Archives
Classic Realcent Archives
Home | Profile | Active Topics | Active Polls | Members | Private Messages | Search | FAQ
Username:
Password:
Save Password
Forgot your Password?

 All Forums
 Bullion Coins and Metals Investing Forums
 Copper Penny Bullion Investing
 CONTEST - $100 bag of pennies - How many coppers?
 Forum Locked
 Printer Friendly
Next Page
Author Previous Topic Topic Next Topic
Page: of 2

knibloe
1000+ Penny Miser Member


USA
1066 Posts

Posted - 06/25/2008 :  10:39:21  Show Profile Send knibloe a Private Message
This thread is an attempt to prevent the complete hijacking of one of Lemon Throwers threads.

I bought a bag of pennies from a bank the other day. They said it was $100. I weighed it when I got home. 59.2#.

I figure a bag of pure zinc would weigh 55# That means that there are 4.2# additional = 1907 grams divide by .61 grams (additional weight of a copper penny) = 3125 copper pennies in the bag. That would be 31.25%

Am I right on this?

Edited by - HoardCopperByTheTon on 06/25/2008 20:51:20

HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 06/25/2008 :  10:52:45  Show Profile Send HoardCopperByTheTon a Private Message
I think you are in the ballpark.. but I might come up with a slightly different copper estimate. Maybe we should have a contest for members to guess the final copper count of the bag. Do you have an accurate counter for the final tally? I would be willing to put up an Indian as a prize for the closest guess.
How accurate is your scale?
Is it a canvas bag or a plastic coin shipment bag?

Let me know if you want to do a contest.

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.
Go to Top of Page

JerrySpringer
Penny Hoarding Member



669 Posts

Posted - 06/25/2008 :  14:11:12  Show Profile Send JerrySpringer a Private Message
I think you can set up one of those two variable, two equation matrix and solve for the copper count pretty fast. Maybe that is what the original poster did. If you know that the exact count of pennies ( ~ 10,000) and have the weight of the bag and exact weight of a copper penny and a zinc one, what do they call that , a set of simultaneous equations? It has been a few years since I did my college math. Anyway, if there is a quick formula table to use, it could be handy weighing bags in teh field. Of course, the heavier the better -ie- more copper and less zinc.
Go to Top of Page

fb101
Administrator



USA
2856 Posts

Posted - 06/25/2008 :  14:15:37  Show Profile Send fb101 a Private Message
I ran through a home made calculator and came up with 7490 zinc and 2510 copper +/- 3% assuming the scale is correct and the face value is correct.
Good luck. Contest or no, I'd like to know if possible how close I was or wasn't.

Go to Top of Page

natsb88
Administrator



USA
1850 Posts

Posted - 06/25/2008 :  14:24:37  Show Profile Send natsb88 a Private Message
quote:
Originally posted by JerrySpringer

I think you can set up one of those two variable, two equation matrix and solve for the copper count pretty fast. Maybe that is what the original poster did. If you know that the exact count of pennies ( ~ 10,000) and have the weight of the bag and exact weight of a copper penny and a zinc one, what do they call that , a set of simultaneous equations? It has been a few years since I did my college math. Anyway, if there is a quick formula table to use, it could be handy weighing bags in teh field. Of course, the heavier the better -ie- more copper and less zinc.



Copper = C
Zinc = Z

C + Z = 10,000
3.1C + 2.5Z = 26852.6683

C = 10,000 - Z
3.1(10,000 - Z) + 2.5Z = 26852.6683
Z = 6912.2
C = 10,000 - 6912.2
C = 3087.8

30.8% copper

Nate
The Copper Cave

Go to Top of Page

natsb88
Administrator



USA
1850 Posts

Posted - 06/25/2008 :  14:38:46  Show Profile Send natsb88 a Private Message
Made a quick copper approximator in Excel if anyone wants it. Just adjust the values in the yellow cells. I'm interested to see how accurate it really is

You must be logged in to see this link.

Nate
The Copper Cave

Go to Top of Page

HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 06/25/2008 :  16:31:22  Show Profile Send HoardCopperByTheTon a Private Message
Nothing is ever exact. There is wear on the pennies, so they won't be full weight.

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.
Go to Top of Page

CoinHunter53562
1000+ Penny Miser Member



USA
1805 Posts

Posted - 06/25/2008 :  17:26:51  Show Profile Send CoinHunter53562 a Private Message
Only one way to find out! Put that Ryedale to work!

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

Go to Top of Page

Flbandit
Penny Hoarding Member



USA
851 Posts

Posted - 06/25/2008 :  17:41:54  Show Profile Send Flbandit a Private Message
Um, straight out of the clouds, I'd say you get 30%!

Are you throwing that out?
Go to Top of Page

HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 06/25/2008 :  20:27:58  Show Profile Send HoardCopperByTheTon a Private Message
OK.. I swapped PM's with knibloe and he agreed to do all the hard work if we have a contest. So here it is:
This is a 3 way contest.. 3 chances to win, but a limit of one prize per person.
An Indian head penny will be awarded to the winner of each contest. The winner can choose to have the Indian shipped directly to them, or I can ship it to TenBears to store with your silver.
Contest 1 - # of copper cents in the $100 bag.. this includes wheats and canadian copper.
Contest 2 - # of wheat cents in the bag
Contest 3 - # of Copper Canadian cents in the bag (steels and zincs don't count)

Tie breaker on the last 2 will be your guess in the alternate small count contest. Second tie breaker if still tied will be your guess in the big count contest.
One set of guesses per person.
No editing your guess after initial posting.
Limit of 1 prize per person. If you win more than one you get bragging rights but the second prize goes to the next best guess.. this way we can have more winners.
Your guess on the total copper count should be unique.
Your guess on the other 2 contests can be the same as someone else.. you just have to hope to beat them on the tiebreaker.
All guesses must be posted on this thread by the end of the day Saturday, midnight forum time.
Good luck in the contests.

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.
Go to Top of Page

fb101
Administrator



USA
2856 Posts

Posted - 06/25/2008 :  20:32:18  Show Profile Send fb101 a Private Message
Since I hand sort, I weigh my 82s for copper. The zincs are 80% 2.6g and 20% 2.5g and the coppers are 80% 3.1g and 20% 3.0g. I factored that into my calcs assuming the same for all cents.
There are occasional 2.9g or 3.2g coppers and an occasional 2.4g zinc.

Go to Top of Page

natsb88
Administrator



USA
1850 Posts

Posted - 06/25/2008 :  20:53:33  Show Profile Send natsb88 a Private Message
Contest 1 - 3058 copper cents
Contest 2 - 24 wheat cents
Contest 3 - 6 Copper Canadian cents

Nate
The Copper Cave

Go to Top of Page

longhorn
Penny Sorter Member



80 Posts

Posted - 06/25/2008 :  20:55:27  Show Profile Send longhorn a Private Message
Thanks for sponsoring the contest HCBTT! This should be fun

I weigh all my boxes and bags in kg, and calculate approximate cu yield. The calculation is simple and I posted it in the yield thread earlier. For a contest like this the difficulty comes in estimateing the weight of the container, as well as factors such as wear, debris, and canadian pennys.

My guess is 2343 copper pennies, 47 wheats, 19 Canadian, no indian.

Good luck to all.

Obey Gresham's Law
Go to Top of Page

kieblera5
Penny Hoarding Member



USA
859 Posts

Posted - 06/25/2008 :  21:35:23  Show Profile  Send kieblera5 an AOL message Send kieblera5 a Private Message
My guess is as follows:

Total coppers: 3102
Total wheats: 37
Total Canadian copper: 13


Democracy is being allowed to vote for the candidate you dislike least.

Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.

Caller number seven gets the Peace Prize!

Get coding tips, tricks, and more at: http://codingmonday.blogspot.com
Go to Top of Page

n/a
deleted



12 Posts

Posted - 06/25/2008 :  21:59:22  Show Profile Send n/a a Private Message
My Guesses:

Total Coppers: 2826
Total Wheats: 51
Total Canadian Copper: 17
Go to Top of Page

penniesmakemedizzy
Penny Pincher Member



USA
135 Posts

Posted - 06/25/2008 :  22:41:40  Show Profile Send penniesmakemedizzy a Private Message
3180 Coppers
48 Wheats
25 Copper Canadians
Go to Top of Page

WheatieFan
Penny Pincher Member



USA
106 Posts

Posted - 06/25/2008 :  23:19:38  Show Profile Send WheatieFan a Private Message
2700 copper
20 wheat
20 copper canadian
Go to Top of Page

Nickelmeister
Penny Hoarding Member



Canada
588 Posts

Posted - 06/25/2008 :  23:27:07  Show Profile Send Nickelmeister a Private Message
2990 copper
32 wheat
18 copper Canadian

www.WinnipegGoldBuyer.com

Standing offer for sale of quality, second-hand solid gold jewellery:

<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping
Go to Top of Page

redneck
1000+ Penny Miser Member



1273 Posts

Posted - 06/25/2008 :  23:29:13  Show Profile Send redneck a Private Message
3152 - Copper
17 - Wheat
28 - Copper Canadians
Go to Top of Page

magnasort
Penny Pincher Member



USA
174 Posts

Posted - 06/26/2008 :  08:32:24  Show Profile Send magnasort a Private Message
3333cu/75wh/111cncu

Magnetic sorters, no moving parts except the coins
Go to Top of Page

fb101
Administrator



USA
2856 Posts

Posted - 06/26/2008 :  11:52:57  Show Profile Send fb101 a Private Message
Contest 1 - 2575 copper cents (including wheats)
Contest 2 - 34 wheat cents
Contest 3 - 8 Copper Canadian cents

Go to Top of Page

simplicitycounts
Penny Hoarding Member



USA
535 Posts

Posted - 06/26/2008 :  12:03:54  Show Profile Send simplicitycounts a Private Message
Contest 1 - 2940 copper cents
Contest 2 - 40 wheat cents
Contest 3 - 90 Copper Canadian cents
Go to Top of Page

SmallCHange
Penny Sorter Member



USA
70 Posts

Posted - 06/26/2008 :  13:24:52  Show Profile Send SmallCHange a Private Message
Contest 1 - 3000 copper cents (including wheats & Canadians)
Contest 2 - 30 wheats
Contest 3 - 10 Copper Canadians
I like round numbers.
Go to Top of Page

TenBears
1000+ Penny Miser Member



USA
1021 Posts

Posted - 06/26/2008 :  13:58:21  Show Profile Send TenBears a Private Message
Contest 1 -- 2888 copper
Contest 2 -- 19 wheat
Contest 3 -- 7 Copper Canadians
Zero Indians because they don't exist in the wild.

"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

Go to Top of Page

kavajava
Penny Collector Member



USA
490 Posts

Posted - 06/26/2008 :  14:43:36  Show Profile Send kavajava a Private Message
Contest 1 - 3062 copper cents
Contest 2 - 33 wheat cents
Contest 3 - 4 copper Canadians
Go to Top of Page

n/a
deleted



73 Posts

Posted - 06/26/2008 :  19:25:45  Show Profile Send n/a a Private Message
Contest 1 - 2047 copper cents
Contest 2 - 28 wheat cents
Contest 3 -11 copper Canadians
Go to Top of Page
Page: of 2 Previous Topic Topic Next Topic  
Next Page
 Forum Locked
 Printer Friendly
Jump To:
Classic Realcent Archives © 2000-2010 Realcent.org Go To Top Of Page
This page was generated in 0.47 seconds. Powered By: ForumCo v3.4.05
RSS Feed 1 RSS Feed 2
Powered by ForumCo 2000-2008
TOS - AUP - URA - Privacy Policy