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cwgii
Penny Hoarding Member
USA
924 Posts |
Posted - 10/18/2008 : 13:23:58
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| dumb question,,,,, what is the magic about 24 boxes???? |
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Somnophore
Penny Pincher Member
United Kingdom
161 Posts |
 Posted - 10/18/2008 : 14:25:06
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I bought £15 worth of 1 and 2 pence coins today as I've just started sorting for copper pre 1992 in UK.
From the £15 I found £4.35 in copper coins. I also found a few of the new design 1 and 2ps which haven't been rolled out much yet which look nice, and an isle of man 1p |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/18/2008 : 14:56:13
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quote:
Originally posted by cwgii
dumb question,,,,, what is the magic about 24 boxes????
Not a dumb question at all.
There are several reasons that are magic about that number as my standard order quantity at each bank.
1. It is lightweight.. fitting easily on my cart.. about 350 pounds.
2. Fits easily in the trunk of my Toyota Camry without overloading it.
3. Cheap.. so you don't tie up a lot of capital at once.
4. Seems to be a comfortable quantity for many of the banks I deal with.  |
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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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 10/20/2008 : 22:16:41
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Got bad news today. My main dump bank cut me off. No more dumping loose bags at that branch or regular 24 box special orders. Seems they have a new manager this week.. and he doesn't want to give away anything to regular customers that they put business accounts on analysis for.
I didn't even get that dreaded "The manager needs to talk to you" talk. They sent some flunkie to tell me they were cutting me off. Like the great Rodney.. "I don't get no respect!"
This is why you always develop new sources of pennies and places to dump them. That way, when this happens to you it doesn't take you out of the game. |
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 - 10/21/2008 : 00:31:17
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| then start dumping halves and $2 bills there.My buddy did that when they cut him off.Started taking outragous amounts of odd coins and baper there.SBA's too I think lol |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/21/2008 : 04:38:13
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Hoard be sure to give them your card and tell them to call you when the inevidably run short on pennies. I bet they have not ordered in pennies for so long they forgot how. Without regular supply and no backup plan, who knows?
You might just spread the word about the exact branch to your other coin guys to make some penny dumps there instead.
Consider having your mother, girlfriend or someone else open an account there you can dump into. It will take them a little while to drive out another customer or catch on. |
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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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/21/2008 : 14:05:18
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Started of a trip to the City by visiting two Banks while waiting for wife's appointment to finish.
Bought:
$500 Qtrs (all steel, sorted by CDI for the mint :( blahhh
$100 Pennies
$300 Nickels and
$100 in Dimes (got a single 80% silver! and a few American)
Sold:
$200 Pennies
$100 Qtrs (from above)
Not Bought:
1. The story from the first teller that Canada is eliminating the penny because copper costs too much (pennies are made from nearly all steel now)
2. Sex from the truly UGLY woman on the corner who grabbed my door handle and tried to get in my Jeep before 10AM in broad daylight, a block from the first bank
3. Anything from the other equally ugly friend of hers talking to some old guy on the corner.
Perhaps the overly friendly local resident wanted the $300 in rolled zinc and steel pennies in the back? Or maybe the stack of hundreds in my pocket? I didn't have so much as a single copper or ni coin on me yet...
Once in the City visited three more banks:
Bought:
$130 Pennies
$180 Nickels
$250 Dimes
$1030 Qtrs
Sold:
$41 Pennies
$25 Dimes
$670 Qtrs
When one of my favorate dump banks asked me where I got all the quarters I said I collect them, but these have all been sorted by the Mint. Teller tells me a guy comes and buys all the nickels they can sell, and that the guy sells the nickels on ebay. Wonder how that program is working for him since I started dumping boxes and boxes of sorted steel nickels on that branch in the last few weeks? |
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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ScottyTX
Penny Hoarding Member
USA
508 Posts |
Posted - 10/21/2008 : 22:16:00
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10.00 in CWR
214 coppers
2 wheat
21.6% hummm, not too bad |
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n/a
deleted
146 Posts |
Posted - 10/23/2008 : 09:16:18
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7.50 in paper rolls (CWR) (i.e. 750 pennies total)
318 Cu (59-81)
3 wheats
25 1982s (need to screen these with Penny Whorder's low cost sorter...haven't had time to play with it yet ;)
4 Canadian Cu cents
1 Euro 2 cent piece (that's a first for me)
I'll let you all work out the various percentages but if you count only the US 59-81 cents it's 42.4%. Wonder if that will hold up (I usually see 25-30% US 59-81 cents)?
Going to a different bank chain for pickups to test it out...bigger regional bank but its locations are in really low traffic areas with a lot of older people as customers...felt sorry for the nice lady in the lobby who was offering free snacks and trying to sign people up for that bank's retirement accounts / investments...in the long run my copper pennies may just do better (and wow are 401(k)s etc getting whacked right now so I felt sorrier for the lady who had to sell them to zero lobby customers)
On a related note I see drive-thru traffic is really far far bigger than people parking and either using an ATM or going inside to transact business. |
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misteroman
Administrator
USA
2565 Posts |
Posted - 10/23/2008 : 12:12:11
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Got someones penny jar dump the other day!!!got $35 CWRs and open 10 so far and CU is right about 50% and hard pressed to find anything above a 95.the late 80's look red still.
Did find a 16-d as well but only 3 wheats total so far |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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n/a
deleted
146 Posts |
Posted - 10/27/2008 : 21:02:09
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15.00 in paper rolls (CWR) (i.e. 1500 pennies total)
684 Cu (59-81)
21 (!) wheats
86 1982s (need to screen these)
2 dirty dimes (Roosevelts not silver)
3 Canadian Cu cents
1 Panamanian coin (that's a first for me)
I'll let you all work out the various percentages but if you count only the US 59-81 cents it's 45.6%.
The wheats all came in one really ancient roll (latest pennies in it dated to the mid 1960s) I bought from a bank I've never tried before (and am going back to tomorrow to see if there are any more rolls like it). It was 15 minutes to closing when I bought them (inside).
Hit the drive thru teller at the same bank 2 minutes after the lobby closed with some $$$ found at the last minute...rolls were newer vintage paper but they too were interesting...whoever rolled them rolled the shiniest coins together (yielding mostly zincs) and then rolled the duller coins together in other rolls (yielding mostly coppers and those 2 dirty dimes). I'm guessing someone did the easy to tell they were pennies first and then did the harder ones later (I sometimes roll them that way when I'm tired...roll shiny easy to tell zincs together first then take a break then do the harder to date zincs second). |
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n/a
deleted
146 Posts |
Posted - 10/29/2008 : 12:41:24
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7.00 in paper rolls (CWR) (i.e. 700 pennies total)
366 Cu (59-81)
6 wheats
75 1982s (need to screen these)
3 Canadian Cu cents
I'll let you all work out the various percentages but if you count only the US 59-81 cents it's 52.3%.
I plan on taking the 250 zincs I pulled from this sort, trading them in and buying again at this same bank (need to add some cash and buy some more)...percentages from them are really good although some of the 59-81 non-wheat coppers are kind of dirtier than I usually see. |
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Epaphras
Penny Collector Member
USA
382 Posts |
Posted - 10/29/2008 : 16:56:46
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I have been playing with nickels and halves since the drop in copper. I did get some cents to sort today, though.
9900 cents sorted (CWR)
1639 copper
16.56%
In two weeks after I free some funds from halves I will be pulling a HCBTT and getting 24 boxes. The head teller big not bulk at the request suprisingly (the oher tellers did and started saying he 'F' word). |
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n/a
deleted
146 Posts |
Posted - 10/30/2008 : 07:00:51
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Heh...I would not want to be a teller at a dump bank without a counting machine when Epaphras or Hoard brings in their culls!  |
Edited by - n/a on 10/30/2008 07:01:41 |
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cwgii
Penny Hoarding Member
USA
924 Posts |
Posted - 10/30/2008 : 22:14:33
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| one bank today, $40 in cwr. less than 10%cu. 1 wheat in the first 1000. |
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killerken53
Penny Pincher Member
172 Posts |
Posted - 10/31/2008 : 14:26:38
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| Reloaded with $100 in CWR. Numbers to follow next week. |
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novillero
Penny Sorter Member
USA
86 Posts |
Posted - 11/01/2008 : 12:14:52
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First box. $25.00.
no joke, 666 coppers, including wheats (13) and canadians (5) - but not including 1982s (I just put all of those to the side).
so for my first box, my percentage is 26.64%. Plus it helped to fill up some old whitman books while I was at it (those copper S mints are still problematic though - found 2 S mints in the entire 2500). I may go to the store and buy a few more and give them to my young relations as presents this Christmas. |
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cwgii
Penny Hoarding Member
USA
924 Posts |
Posted - 11/01/2008 : 22:25:42
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glad to help you out, on the ones you need. as hand sorting. i look at every coin.
today i got into a 'box' that was cwr when i opened it. got several rolls of 'shiners' with some wheats lookng as new.
still no 1909 in 100k sorted. |
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Ryedale
Administrator
USA
523 Posts |
Posted - 11/05/2008 : 06:15:03
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Credidt Union Girl called yesterday, called me in for pennies,
Picked up $550 and only $150 is CWR, the rest is loose. Guess I'll be busy this weekend.
Yes I'm still sorting. Andy |
Ryedale
GET YOUR DRI-SLIDE FROM IRONBRAID
http://www.ironbraid.com/driside.html
Used with permission from Ironbraid.
Quote
"The real art of conversation is not only to say the right thing at the right place, but to leave unsaid the wrong thing at the most tempting moment."
Dorothy Neville-Rolfe |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 11/05/2008 : 06:24:22
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quote:
Originally posted by Ryedale
Credidt Union Girl called yesterday, called me in for pennies,
Picked up $550 and only $150 is CWR, the rest is loose. Guess I'll be busy this weekend.
Yes I'm still sorting. Andy
Me too. The copper is still there....
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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cwgii
Penny Hoarding Member
USA
924 Posts |
Posted - 11/05/2008 : 12:35:50
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this morning i have sorted 4000, i took some from each bank . i have 3 wheats, 2 canadians and a single 1959. but am still running between 12-16%cu
i only have another 15000 of these to do . baaaaaaaaad.
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/08/2008 : 12:01:37
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| Those are the days when it is really nice to have multiple Ryedales Andy. I pretty much never get them loose like that, but I did get a nice call from one of my banks yesterday about picking up some pennies. They had $147 in CWR for me.. and 9 rolls of half dollars. I figure any day you lug about 100 pounds of coins out of a bank is a good day. |
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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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/10/2008 : 01:46:53
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| Had some more good luck yesterday. Stopped by on a drive by right before closing at one of my banks and they had $82 in CWR pennies for me.. plus a free canvas bank bag! Sweeeeeet! |
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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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/16/2008 : 21:39:06
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| Yesterday was not a bad coin day. In addition to getting 30 rolls of CWR at one of my banks after paying nearly my entire mortgage with spare change (half dollars and pennies) I bought 40 Proof Sac dollars at a coin show.. really shiny! |
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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aaron239
Penny Collector Member
USA
260 Posts |
Posted - 11/16/2008 : 22:38:11
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Last week, one of the branches I have my checking account at had $300 in CWR--very high 27% . Im trying to sell those and I didnt feel like going through all the Coppers for the wheats.
Friday's $50 was 21% copper and I havent gone through for the wheats yet. |
Edited by - aaron239 on 11/16/2008 22:40:24 |
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Sorting Percentages and Buying Reports XVI
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