| Author |
 Topic  |
|
|
Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
 Posted - 07/06/2008 : 08:51:15
|
OK I have done my first 8 boxes and I'm getting less than 12.5% copper. Most of the boxes were brinks, but $30 was CWR and another $30 or so was my accumulation of pocket change pennies.
The Brinks boxes came from a branch of a mega bank in the suburbs.
Should I try a different source bank or is this typical?
|
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
|
|
|
fb101
Administrator
USA
2856 Posts |
Posted - 07/06/2008 : 09:03:43
|
| You may get different responses from different areas of the country, but that sounds unusually low to me for anywhere. I'd definitely try different banks. I've gotten a two or three boxes out of about 50 that were that low, and one that was solid 2007-P, but the others have run 20+% easily. I wish you luck. |
 |
 |
|
|
Copper Catcher
Administrator
USA
2092 Posts |
Posted - 07/06/2008 : 09:31:28
|
| Lemon, I have had lots of trouble with Brinks boxes and finding no copper at all. I would hit Bank of America and see what they have. Make sure to develop a relationship with your tellers and open an account. To keep from running all over town, ask them to order coin for you. Also, dump the coins at a different bank. If possible, find a bank that will accept bags of loose coins versus wasting your time rolling coins. Good Luck! |
|
|
|
jpf231
Penny Collector Member
USA
340 Posts |
Posted - 07/06/2008 : 09:32:39
|
| No no ... this is not typical ... try other banks ... that seems unusually low for anywhere. Maybe you have a fellow hoarder in your neighborhood - yikes - oh the horror. |
|
|
|
Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 07/06/2008 : 14:17:08
|
yeah, I was afraid there might be another horder. Gotten some halves and was pretty much skunked. I was thinking that people are likely to dump at the mega banks and use the small banks as a supply.
Thanks for the feed back and encouragement. If I back out the CWR and Grandma's stash, I was probably getting only 10%! Either that, my 5 year old is pilfering me blind, lol.
Also, I'll try BofA and some others. I don't have an account with them but I may need to open one. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
|
|
|
|
PennehChaos.
Penny Collector Member
USA
269 Posts |
Posted - 07/06/2008 : 22:43:12
|
| Did you just dump them into a Ryedale all at once, or do you have any kind of breakdown of your percentages by source? Just curious. More than 50% of my Brinks (plastic-rolled) boxes have been duds lately, and i never get more than 17-18% copper when they're not, so you're doing better than me. |
Considering Verizon Business service? Perhaps you'd like to consider a nice drain cleaner enema instead? |
|
|
|
Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 07/06/2008 : 23:22:25
|
Hey, that is unusally low. My area averages about 40-50% constantly(In the US!).
Find a different source bank, or buy copper pennies from other hoarders. It's easy, and you don't have to do all your work that you are currently doing. |
|
|
|
norcal
Penny Pincher Member
USA
107 Posts |
Posted - 07/07/2008 : 02:30:27
|
Just try more boxes. You may have had a bad batch...
Also, you may have had a bunch of new uncirculated pennies in there too which would lower your average. |
|
|
|
Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 07/07/2008 : 05:11:03
|
| I didn't keep stats until I was finished - weighed the sorted product. but I watched the machine so I know there was not a 100% zinc box. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
|
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 07/07/2008 : 18:34:14
|
| Did you check the zunc pile for copper? Maybe your sensitivity is not set rught... Could really effect the percentages. |
“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 |
|
|
| |
Topic |
|
Need help with a slow start
Forum Locked
