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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 12/22/2006 : 19:51:30
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As copperhead said, the sorting percentages thread has gotten kind of long. Thanks to all of you. Let's start with sorting percentages II.
________________________ If you can conceive it and believe it, you can achieve it. -Napoleon Hill
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Edited by - Ardent Listener on 12/22/2006 20:23:45 |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 12/22/2006 : 19:57:57
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Yeah, I think the release of the new Mint regulations is a good end point to freeze the Sorting Percentages I thread. It's a whole new world. I wonder how long before we see banks refusing coin purchases now. |
Edited by - Canadian_Nickle on 12/22/2006 19:58:53 |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 12/22/2006 : 20:19:46
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quote: Originally posted by Canadian_Nickle
Yeah, I think the release of the new Mint regulations is a good end point to freeze the Sorting Percentages I thread. It's a whole new world. I wonder how long before we see banks refusing coin purchases now.
I was thinking along those lines too. I bought $200 dollars in nickels this week since the news broke. I may try for another $100 tomorrow. If they think they got us by the ba!!s with the melting ban they are wrong. Very wrong. Next will it will be a hoarding ban?
________________________ If you can conceive it and believe it, you can achieve it. -Napoleon Hill |
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n/a
deleted
132 Posts |
Posted - 12/29/2006 : 16:47:36
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10 Rolls
93 Copper 0 Wheat 1 Canadian
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance." James Madison |
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Cerulean
Penny Hoarding Member
USA
993 Posts |
Posted - 12/29/2006 : 17:35:32
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6 rolls of pennies from BB&T:
230 zincs (1982-2006) 77 coppers (1959-1982) 1 wheat (1946-D) 1 other (see below) ---------------------- 77 / 309 = 24.9% copper
The 'other' coin above is a 1975 cent coated in some type of translucent yellow or gold-colored plastic (or maybe some kind of resin). The reverse is totally covered, but the observe has a 5mm-dia circular area where the copper is exposed. Let me know if you're interested in a photo of it.
BB&T was one of two banks I hit up today, and they treated me cordially. The other bank, First Horizon, was quite rude to me when I asked to buy rolls of coins. The teller brought the manager over and they both told me "we don't sell any amount of coins to non-members", without first asking if I had an account!
Running Total: ---------------------- 681 zincs (1982-2006) 76.6% 203 coppers (1959-1982) 22.8% 4 wheats (1940-1950) 0.4% 1 dime (2004) 0.1% |
Edited by - Cerulean on 12/29/2006 17:38:10 |
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Cerulean
Penny Hoarding Member
USA
993 Posts |
Posted - 01/01/2007 : 18:01:22
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99 cents from my small change urn:
75 zincs (1982-2006) 24 coppers (1964-1982) ---------------------- 24 / 99 = 24.2% copper
Running Total: ---------------------- 756 zincs (1982-2006) 76.3% 227 coppers (1959-1982) 22.9% 4 wheats (1940-1950) 0.4% 1 dime (2004) 0.1% |
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 01/02/2007 : 07:46:11
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quote: Originally posted by Cerulean
6 rolls of pennies from BB&T:
B&T was one of two banks I hit up today, and they treated me cordially. The other bank, First Horizon, was quite rude to me when I asked to buy rolls of coins. The teller brought the manager over and they both told me "we don't sell any amount of coins to non-members", without first asking if I had an account!
Many of the banks around here will not sell coins, change bills, take coins in or just about anything else unless you have an account. If you try to bring in coins they will charge you a percent for counting them and giving you cash. Many Jewel Food Stores around here also have coin counting machines but they charge 7%. I have opened accounts in 12 banks just to defeat this system. I can go to most of them and acquire just about anything I want in coins. I usually get a $50 bag of cents once every few months, look through them and take to a different bank.
Carl |
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n/a
deleted
132 Posts |
Posted - 01/06/2007 : 09:52:22
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10 Rolls
101 Copper 1 Wheat 2 Canadian
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance." James Madison |
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Frugi
Administrator
USA
627 Posts |
Posted - 01/09/2007 : 16:15:24
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I think the biggest hoarder now is the FED. I can say without a doubt they are sorting copper from zinc. Let me explain.
I went to Regions bank in Saint Louis, MO on 01-07-07 and got 20 rolls of FED rolled cents in the clear plastic rolls. Mind you I could see the condition of the coins and they were mostly dirty. At this particular bank they know me and let me choose my rolls by appearance. I always choose the ones that look mostly like copper and they usually are. But on 01-07-07 upon getting home and searching all 20 my counts were: 1000 Zincs; 0 copper. NOT ONE COPPER CENT!!!! WTF!!!!
Today I went to my bank (US Bank) and asked for customer rolled cents, the teller said he would give me all he had which wasn't much. I was able to get 8 customer rolled and 12 brinks paper rolled. After sorting the customer rolled I came out with the rather average low 20% average being copper, (the past 3 mos. of sorting I have always averaged at about 20% copper per roll, which is low but I just love sorting them anyway). I proceeded to open each of the brinks ones one by one and guess what-not a single copper penny! There was brown 1982's that looked like copper but where zinc, there was all different post 82's all dirty and copper looking but no copper! WTF!!!!!!!!!!!
1600 pennies: 0 copper 1600 zinc 2 different banks.
To me it sounds like when they outlawed melting they probably also started sorting with machines-we all know it's possible. It's a reality now. I think very, very soon it is going to be impossible to find copper in FED rolled pennies.
Good Luck!
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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n/a
deleted
132 Posts |
Posted - 01/10/2007 : 11:07:49
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10 Rolls
119 Copper 1 Wheat 3 Canadian
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance." James Madison |
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Metalophile
Penny Collector Member
USA
320 Posts |
Posted - 01/10/2007 : 12:33:42
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Amazing story, Frugi. Either Ryedale has been busy in your area or some agency or big bank is sorting those.
I have a couple of boxes from Regions Bank I got here in Arkansas. But I haven't broken them open yet to sort. I'll have to do a quick check on a few rolls to see if they're doing the same over here.
Metalophile |
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n/a
deleted
132 Posts |
Posted - 01/12/2007 : 09:48:43
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29 Rolls
355 Copper 1 Wheat 1 Canadian 1 Roosevelt Dime 1983-D
Although we all knew that it was going to come to this i personally thought ( hoped ) not this soon. With the recent drop in copper prices maybe the wanna-be's that are looking for a quick profit will ditch the sorting effort.
ihopeihopeihopeihopeihopeihopeihopeihopeihopeihopeihopeihope ihopeihopeihopeihopeihopeihopeihopeihopeihopeihopeihopeihope ihopeihopeihopeihopeihopeihopeihopeihopeihopeihopeihope !!!
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance." James Madison |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 01/12/2007 : 16:56:17
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quote: Originally posted by pre-82 With the recent drop in copper prices maybe the wanna-be's that are looking for a quick profit will ditch the sorting effort.
Those who seek to get rich quick soon find out it is those selling the get rich quick ideas are the only ones who get rich quick.
Speculators in the base metals commodities market move fast so not to get stuck when the prices go down. Commodities still trade on margins, meaning you can buy a hundred thousand dollars of coppercontracts for, say, ten thousand dollars, when the price falls, those still holding the contracts have to sell off, losing most or all of the ten grand they invested, or more, or hold the contract until it matures and have to pay the full balance owed and take posession of the metal.
Commodities were created to give manufacturers who needed raw materials a chance to buy at the best price, but speculators found a way to cash in on it, though even the best commodities speculators get burned from time to time.
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n/a
deleted
78 Posts |
Posted - 01/12/2007 : 23:46:58
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I just got $50 in pennies from the bank.
Half was a bag of customer rolls, 25% copper
The other half was a TITAN (armored car company) box, 38% (!) copper. |
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Cerulean
Penny Hoarding Member
USA
993 Posts |
Posted - 01/13/2007 : 20:01:16
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1 roll of pennies from Chevy Chase Bank... 50 zincs (all 2006). SKUNKED!
Running Total: ---------------------- 806 zincs (1982-2006) 77.6% 227 coppers (1959-1982) 21.8% 4 wheats (1940-1950) 0.4% 1 dime (2004) 0.1% |
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 01/15/2007 : 08:01:31
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quote: Originally posted by pencilvanian
quote: Originally posted by pre-82
Those who seek to get rich quick soon find out it is those selling the get rich quick ideas are the only ones who get rich quick.
I've used to think I was the only one that realized that. I've been telling people that for years. Those nuts on TV get rich selling ways to get rich, not doing it themselves.
Carl |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 01/15/2007 : 17:28:13
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Well, I decided to go get me another box of Canadian nickels and see if recent reports that the RCM is combing out pure coins and melting them is true.
I would have liked to go to TD bank and get a box of their CDI machine-wrapped nickels, but they screwed me over with some bizzare transaction fees that they refused to refund, so I now take my business elsewhere.
Specifically, I take it to the Bank of Montreal.
50 rolls, customer hand rolled.
Totals: 484 Older Elizabeth .999Ni 2 12-sided young elizabeth 28 Round Young Elizabeth ___ 514/2000 =25.7%
+++++++++++++++++ Running totals: Sorted: 113,720 Found: 28,129 Average: 24.74% +++++++++++++++
Since this is my first box from this bank, I suppose it was inevitable that it would be higher than average, especially because these were counter rolls some of which were obviously a few years old. But, so far, so good. No obvious signs of the free nickel bonanza disappearing.
HoardCode0.1: M28/5CAON:CA5Ni27615:CA1Cu1200:CA100Ag345: CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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Frugi
Administrator
USA
627 Posts |
Posted - 01/16/2007 : 19:01:28
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To update my previous post. I went several times to my bank (USBANK) since my lost post in this topic and bought more FED rolled plastic wrapped cents and found the normal 20% copper, so maybe that day a couple weeks ago was just a fluke or maybe something I just don't know. But one thing is for sure since the FED outlawed melting coins there has been alot more talk of hoarding, melting, etc. all over the internet whereas before when you typed in hoarding copper pennies into google not much came up about pennies (mostly medical related illnesses) came up and anything related to hoarding, now there is about 50,000 entries just on pennies and nickels- lots of enjoyable reading!
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 01/16/2007 : 23:22:08
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Yep. We're bearing witness to a change in mass consumer psychology. This is still just the first step.
HoardCode0.1: M28/5CAON:CA5Ni27615:CA1Cu1200:CA100Ag345: CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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aloneibreak
Penny Hoarding Member
USA
672 Posts |
Posted - 01/17/2007 : 19:37:43
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ive been searching rolls and saving the pre 82's for a couple years now. found this site and thought id share my stats from here in the center of the u.s. first box ive gotten from the bank, usually just get a few rolls at a time.
1776 zincs 630 coppers 86 1982's 5 wheats(all from the 40's) 3 canadians
630/2500= 25.2%
pretty consistent with what everyone else seems to get. really enjoy this site. im hoarding all i can get ahold of. not really expecting to make money but its great fun without losing money.
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aloneibreak
Penny Hoarding Member
USA
672 Posts |
Posted - 01/21/2007 : 20:49:30
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another $25 box over the weekend
1677 zincs 721 coppers 91 1982's 4 wheats(all from 1940's) 7 canadians
721/2500 = 28.8%
just curious - does anyone else save the s-mint memorials out seperately?? maybe not much of a collector coin but the mintages are lower and in $50 worth i only found 22 of them. i keep them seperate just in case. i dunno maybe they're nothing special.
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 01/21/2007 : 22:02:57
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heh. My rule is: do whatever best feeds your obsessive compulsive drive to buy, sort and hoard them. So yes, do that, if you enjoy it.
HoardCode0.1: M28/5CAON:CA5Ni27615:CA1Cu1200:CA100Ag345: CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 01/23/2007 : 00:30:45
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Got two boxes of Canadian nickels today, one from the bank of montreal, one from Meridian Credit Union. Both were of customer-rolled coins.
Breakdown: B.Montreal:
478 .999Ni Older Elizabeth 26 Round young elizabeth 10 12-sided young elizabeth 1 "Rabbit" ___ 515/2000 25.75%
Also: 1 euro 5ct 1 dime
Meridian box
414 .999Ni Older Elizabeth 4 12-sided y.e. 21 Round y.e. 2 12-sided George ___ 441/2000 22.05%
Also: 1 Steel war nickel 1 Jamacain $5 1 Old copper canadian penny.
+++++++++++++++++ Running totals: Sorted: 117,720 Found: 29,085 Average: 24.71% +++++++++++++++
HoardCode0.1: M28/5CAON:CA5Ni27615:CA1Cu1200:CA100Ag345: CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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Frugi
Administrator
USA
627 Posts |
Posted - 01/24/2007 : 18:26:47
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I had a three day weekend (Su,Mo,Tu) and I have just figured out that I must be completely insane. It seems I have not enough time to accomplish the priorities in my life but I have plenty of time to sit around and sort and count pennies. With my 72 hours of freedom I decided to go all out and break some records for sorting.
3 Days / 25000 pennies
On Friday Jan. 19th I bought one box of cents and set them in my closet for sorting later. On Saturday Jan. 20th I bought two more boxes in the morning to sort that day. I never got around to it, I was very busy at work. Around eleven a.m. I took my store's bank deposit to the bank, and the teller said she had gotten in 350 rolls of customer rolled cents in that day from an old man, and that I could have all that I wanted, so as crazy as I am and as broke as I am bought them all. I could'nt pass up customer rolls from an old man.
Here are my approximate counts:
17,997-zinc memorial (give or take a few) 6,940-copper memorial (give or take a few) 40-wheat back 8-Canadian pre96 2-Canadian post96 1-steel 1943 cent 1-indian head 1904 1-euro cent 3-roos. dimes 1-merc. dime 1-error/trick coin? (lincoln cent with 2 tails, no lincoln front)
That is it so I am about five pennies short, unless I counted wrong which I am NOT recounting them but thats o.k. since I got a few dimes in the mix and a silver mercury. Also sorting pennies for three days straight makes your hands and clothes very dirty and I got kind of a headache about noon on monday with about 150 rolls to go but I did it all in 3 days. Thats a record for me.
I am almost sorted out of my mind. I am going to take a couple week break from sorting and maybe pay some bills instead or spend some much needed time with my fiance (she hates pennies).
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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n/a
deleted
78 Posts |
Posted - 01/24/2007 : 21:38:18
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With the price of nickel, it's almost better to buy those now... |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 01/24/2007 : 21:57:05
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Nice haul, frugi. First time I've heard of someone finding a silver merc in penny rolls. And an indain head too- well done.
I know what you mean about being "sorted out". I once bought nine boxes of nickels in a single day and then spent a whole week sorting them. Good times.
HoardCode0.1: M28/5CAON:CA5Ni27615:CA1Cu1200:CA100Ag345: CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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