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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
 Posted - 01/26/2007 : 00:58:50
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I got another $140 worth of Canadian nickels to sort today. $40 in TD Bank CDI Machine rolled, $20 in TD customer rolled and $80 in BMO Customer rolled.
What I got:
827 Older Elizabeth .999NI
11 12-sided ye
38 round young elizabeth
___
876/2800
=31.29%
Also, I found this bitchin' error nickel
+++++++++++++++++
Running totals:
Sorted: 120,520
Found: 29,961
Average: 24.86%
+++++++++++++++
HoardCode0.1: M28/5CAON:CA5Ni27615:CA1Cu1200:CA100Ag345:
CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
How to read a HoardCode:
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Edited by - Canadian_Nickle on 01/26/2007 01:10:00 |
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Metalophile
Penny Collector Member
USA
320 Posts |
Posted - 01/26/2007 : 08:09:58
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Wow! It looks like a piece of foreign material got caught between the die and the planchet. Just Carl is the error coin specialist. Maybe he can tell you what it's worth.
Metalophile |
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n/a
deleted
37 Posts |
Posted - 01/26/2007 : 11:59:15
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I have been counting pennies for the past 6 months. I travel a little for my job and tried to stop by different banks to "buy" $25.00 boxes. Stopped the other day in a town near where I live and hit the jackpot ! (I would have bought another box, but this was last one)
1035 Pre 1982
35 Wheats (several from the teens and twenties)
28 Candians
1402 1982-on
Highlight was a 1909 v.d.b. !
That makes this roll's percentage almost 43% !
Running Total
7963 1982-Current
3871 Pre 1982
101 Wheats
562 Candians
1 1905 Indian Head
1 1898 Indian Head
1 1943 Steel
1 1909 v.d.b.
Running Percentage 31.7%
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n/a
deleted
479 Posts |
Posted - 01/26/2007 : 21:32:12
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Frugi:
I appreciate all the information you bring to the table.
The idea that the Fed is sorting (mechanically) and then hoarding the copper may not be true, YET, but who knows?
I have long maintained that the price of zinc is not different enough from the price of copper to warrant sorting by hand.
Mechanical sorting may be worth the effort, IF you are going melt.
As of this post 2007 Jan 26 8PM PST, the ratio stands at about 3 to 2. That is to say that 3 pieces of zinc are worth 2 pieces of copper.
I maintain that UNLESS YOU PLAN TO MELT any ratio within 2 or 3, or even 4 to one is negligible.
The big qwestion, for me at least, is this;
Is the ratio or federal reserve notes to zinc (aka the price of zinc) rising faster that the ratio of FRNs to copper (aka the price of copper)?
If zinc is rising faster than copper, then sorting is a fool's errand.
Please take the time to compare:
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with
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I say to all who will listen, don't sort your pennies by hand unless you;
1. Understand the trajectories of zinc verses copper.
2. plan to MELT your pennies
3. haven't seen enough internet pr0n (in other words, have NOTHING better to do)
Peace on Earth!
.................................................
A billiard ball dropped from 1,362 feet (height of the South Tower) in a
vacuum would require 9.22 seconds to hit the ground. How then did the
towers collapse in 10 seconds and 11.4 seconds, and why has not one
member of the mainstream media insisted on honest answers from the
government in this regard?
"The individual is handicapped by coming face to face with a conspiracy
so monstrous [that] he cannot believe it exists."
- J. Edgar Hoover |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 01/26/2007 : 22:16:10
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I'm glad I don't have that problem ;)
HoardCode0.1: M28/5CAON:CA5Ni27615:CA1Cu1200:CA100Ag345:
CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
How to read a HoardCode:
You must be logged in to see this link. |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 02/06/2007 : 23:57:02
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Sorted $100 in nickels. $20 in counter rolls from Meridian, $80 in machine rolls from BMO.
409 OE .999Ni
1 rabbit
7 12s
18 rye
1 1950 George VI
1 1922 George V !
___
437/2000
21.85%
+++++++++++++++++
Running totals:
Sorted: 122,520
Found: 30,398
Average: 24.81%
+++++++++++++++
HoardCode0.1: M28/5CAON:CA5Ni27615:CA1Cu1200:CA100Ag345:
CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
How to read a HoardCode:
You must be logged in to see this link. |
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n/a
deleted
132 Posts |
Posted - 02/07/2007 : 08:11:14
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10 Rolls
116 Copper
0 Wheat
0 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 - 02/07/2007 : 17:44:02
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Just sorted 20 Fed plastic wrapped cent rolls.
1000 Lincoln Cents:
720 Zn
273 Cu
7 Wheatbacks
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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Ridewithme38
Penny Sorter Member
USA
79 Posts |
Posted - 02/09/2007 : 13:13:44
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Ok i'm going to add to this for ya guys...I'm From Long Island if that matters(Bank Was Commerce..i guess machine rolls..seethru end but peelable,Dunbar Cash vault services on all the rolls)
out of 600 pennies I Got
156 pre '82 (About 26%)
4 wheatbacks
2 canadians...(1985,2005)Not bad
Long live the idiots at the Mint! |
Edited by - Ridewithme38 on 02/10/2007 22:04:48 |
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Ridewithme38
Penny Sorter Member
USA
79 Posts |
Posted - 02/09/2007 : 14:45:04
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One more for today...
550 pennies
155 pre '82(28%)
2 wheatbacks
6 canadian cents(1966,1967,1975,1976,1986)
Long live the idiots at the Mint! |
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Frugi
Administrator
USA
627 Posts |
Posted - 02/09/2007 : 18:34:54
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1000 FED plastic rolled lincoln cents:
1000 Cents
684 Zn
313 Cu
2 Wheatback
1 Canadian
I think the melt ban was a good thing. There must have been more than one corporation culling and melting cents by the thousands and that is what spurred the ban because since the ban came into effect my (FED rolled) counts have been consistently 10%-20% higher in copper content.
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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DadaOrwell
Penny Sorter Member
99 Posts |
Posted - 02/09/2007 : 18:40:13
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I have some reports to make also, altho they may be of limited use if the banks in question do not operate in your geographical area.
Folks at Bank of America branches in New England have consistently proven helpful and rarely bat an eye when I ask for a box of nickels and a box of pennies ($125 total face). Few will even ask if I have an account.
St. Mary's bank refuses service as a matter of policy , to non account holders.
TD banknorth and Citizens bank have said yes every time without requiring an account, but "every time" is just 2 visits to each.
Sovereign bank: I've only tried one and they grugingly made the trade but the teller was way rude. She told me they were reluctant to part with these prized coins because it costs them money to obtain them. Then she told me "don't bring them back"
That was really consistent wasn't it! I think the rest of the bank employees there decided to help me out just because she was being so rude to a potential customer.
On the other side of the coin...how difficult is it to trade nickels and pennies in for face value? How liquid are these coins at face value? Will banks refuse to take them back or what conditions will they apply? Will coin stores generally take them at face value?
bank of america told me they will take coins if rolled but will not count them. that was a year ago...no idea where they stand now.
Want freedom?
Move to New Hampshire!
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Ridewithme38
Penny Sorter Member
USA
79 Posts |
Posted - 02/09/2007 : 19:32:00
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That's why i've been using commerce bank...They coin counter/sorter in the front lobby with no fee..i think all commerces have these...They didn't bat an eye when i went in with a bag of pennies and dumped them in the coin counter...then went right to the teller and asked for rolled pennies...the counter receipt even says i deposited only pennies!
Long live the idiots at the Mint! |
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n/a
deleted
479 Posts |
Posted - 02/09/2007 : 19:41:13
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I'm glad that somebody asked the qwestion, "how difficult is it to trade nickels and pennies in for face value?"
see dadaOrwell above.
A while back I heard about a guy who had some ridiculous qwantity like a million pennies.
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That was July of 2004. Copper was at about $1.75 at that time. Melt value was not yet an issue.
These were presumably unsorted, a mixture of probably 80% zincs and 20% coppers???
The article says that the million pennies had a face value of $10,000.- and a weight of 3.6 tons.
When I buy pennies and nickles, I prefer to get transparent plastic rolls that I do NOT open.
I expect to spend them as rolls in the future, and I am preserving the option of either opening them and sorting them if my "customer" wants them sorted OR leaving them in see through rolls if the customer prefers that.
Since I know that a pre 1982 penny weighs 3.1 grams, and a post 1982 weighs 2.5 grams,
I can weigh the entire roll with an accurate scale and then work with a calculator for a minute and have a very good guess as to the percentage of copper in each roll.
Also copper has a density of 8.96 grams per cubic centimeter,
and zinc has a density of 7.14 grams / cc.
Also
An ounce is equal to 437.5 grains, 1/16 of a pound, or 28.350 grams.
453.6 grams = one pound
1 troy ounce = 31.103 grams
1 gram = 0.0353 av ounces
1 av ounce = 28.349 grams
31.103 / 28.349 = 1.09714628382
28.349 / 31.103 = 0.911455486609
28.350 x 16 = 453.6 grams per pound
14.5838 troy ounces in one av pound
Peace to all
..................................................................................................
"Financially, the US economy has degenerated into a sort of cargo cult, where people feel that they can continue to attract recycled petrodollars by dancing around piles of internet servers with their cell phones and their laptops."
-Dmitry Orlov |
Edited by - n/a on 02/09/2007 19:46:01 |
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n/a
deleted
132 Posts |
Posted - 02/10/2007 : 07:31:52
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20 Rolls
211 Copper
1 Wheat
3 Canadian
1 Roosevelt Dime 1977 |
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Frugi
Administrator
USA
627 Posts |
Posted - 02/10/2007 : 22:39:10
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Sorted a box tonite.
50 Rolls/ 2500 cents:
1863 Zn
628 Cu
8 Wheatbacks
1 pre96 Canadian cent
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
You must be logged in to see this link. |
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n/a
deleted
132 Posts |
Posted - 02/11/2007 : 11:59:39
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20 Rolls
246 Copper
3 Wheat
4 Canadian |
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Ridewithme38
Penny Sorter Member
USA
79 Posts |
Posted - 02/11/2007 : 12:07:25
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is the canadian penny the same as the american penny in terms of buying power?....I.E. a of soda where i live costs about 99 cents...if you go to canada would you be able to bring 99 pennies and buy a bottle of soda or is there some kind of weird exchange rate like 100yen is 100 cents?
RUNNING TOTAL:
527 Copper
10 wheat
7 canadian
and a 250gram .999 pure copper bar(Jetco USA) |
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Cerulean
Penny Hoarding Member
USA
993 Posts |
Posted - 02/11/2007 : 17:10:23
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104 cents pulled from circulation:
75 zincs (1983-2006)
27 coppers (1961-1982)
2 wheats (1944-1952)
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27 / 104 = 26.0% copper
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Penny Search Totals:
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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DadaOrwell
Penny Sorter Member
99 Posts |
Posted - 02/11/2007 : 17:20:01
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I also like the idea of just hanging onto the rolls. i will check and see if there are any commerce banks around my area!
Want freedom?
Move to New Hampshire!
You must be logged in to see this link. |
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Ridewithme38
Penny Sorter Member
USA
79 Posts |
Posted - 02/12/2007 : 16:16:04
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Out of 800 cents(Pennies)
161 coppers(pre'82) (21%)
5 Wheats
2 canadians(1970,1997)
Three full rolls of cents that look like they've never been touched by human hands(2006)(should i save these? Any known errors?)
They finally asked me why i was buying all these cents...had to lie and say for work...not sure how they'd take it if i said hoarding for the future for when shtf
.........................
RUNNING TOTAL:
688 Copper
15 wheat
9 canadian
and a 250gram .999 pure copper bar(Jetco USA) |
Edited by - Ridewithme38 on 02/12/2007 20:54:30 |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 02/12/2007 : 17:22:12
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100 pennies (Hey, what can I say I'm a nickel guy? )
31 copper
1 82
2 copper Canadian- one King George
Rest were zincers.
________________________
Burn paper dollars before you melt coins. |
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Frugi
Administrator
USA
627 Posts |
Posted - 02/12/2007 : 17:44:37
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20 FED plastic wrapped lincoln cent rolls.
1000 Lincoln cents:
688 Zn
308 Cu
2 Wheatbacks
1 Canadian cent-Cu
1 Canadian cent-steel
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
You must be logged in to see this link. |
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MormonMetal
Penny Pincher Member
USA
150 Posts |
Posted - 02/12/2007 : 20:34:23
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First box searched.
50 Rolls Searched
2500 Cents
2 Wheats
334 Copper
2164 Zinc
Copper Percentage 15.53 |
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Ridewithme38
Penny Sorter Member
USA
79 Posts |
Posted - 02/14/2007 : 01:11:55
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600 cents
169 copper(Pre'82)(29.5%)
6 Wheats
2 candian(1977,1995)
.........................
RUNNING TOTAL:
688 Copper
15 wheat
8 canadian
and a 250gram .999 pure copper bar(Jetco USA) |
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Topic |
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Sorting percentages II & buying reports
Forum Locked
Topic Locked
