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MormonMetal
Penny Pincher Member
USA
150 Posts |
Posted - 03/20/2007 : 13:57:04
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2 boxes
both all 2007's again |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
 Posted - 03/20/2007 : 14:39:05
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quote:
Originally posted by MormonMetal
2 boxes
both all 2007's again
Uncirculated 2007 pennies are currently selling for $42-$50 a box on E-Bay. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/21/2007 : 01:56:22
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Rydale,
When are you going to tell us the story of your first major zinc dump at the credit union?
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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n/a
deleted
37 Posts |
Posted - 03/21/2007 : 10:30:50
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Longtime lurker here, first post.
Been hoarding for a few months now.
Urged to post because of my recent luck from a box of pennies from Bank of America.
Around 20% coppers with 237 being wheaties!
In addition, found an 1895 Austrian 2 cent coin(value?). |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/21/2007 : 11:02:52
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quote:
Originally posted by SNOOPY
Longtime lurker here, first post.
Been hoarding for a few months now.
Urged to post because of my recent luck from a box of pennies from Bank of America.
Around 20% coppers with 237 being wheaties!
In addition, found an 1895 Austrian 2 cent coin(value?).
Welcome to the forum, Snoopy. That is a great Box! What was the oldest wheat cent in that pot of gold?
I think the Austrian coin you found is a 2 heller piece. My world coin book only goes back to 1900 but the common dated coins catalogue for a minimum of 15 cents in F condition. Maybe someone else here has the book for the exact date of your coin.
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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n/a
deleted
37 Posts |
Posted - 03/21/2007 : 16:39:08
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quote:
Originally posted by HoardCopperByTheTon
quote:
Originally posted by SNOOPY
Longtime lurker here, first post.
Been hoarding for a few months now.
Urged to post because of my recent luck from a box of pennies from Bank of America.
Around 20% coppers with 237 being wheaties!
In addition, found an 1895 Austrian 2 cent coin(value?).
Welcome to the forum, Snoopy. That is a great Box! What was the oldest wheat cent in that pot of gold?
I think the Austrian coin you found is a 2 heller piece. My world coin book only goes back to 1900 but the common dated coins catalogue for a minimum of 15 cents in F condition. Maybe someone else here has the book for the exact date of your coin.
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560
Yes, it was a 2 heller piece.
There were 5-8 "wheats" from 1919 that were the oldest in the box.
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MormonMetal
Penny Pincher Member
USA
150 Posts |
Posted - 03/21/2007 : 17:23:30
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3 rolls (picked up total of 10, but 7 were 2007's)
150 coins
13 copper
137 zinc
8.67 %
better than nothing |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/22/2007 : 11:02:07
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Yesterday's sorting percentages:
70 Rolls bank wrapped pennies
717 Copper
10 Wheat
3 Canadian
20.5 %
Remember when sorting "Past performance is no indication of what may occur in the future" Your results may vary. That next box you sort just might be the one turned in by some little old lady that has had them sitting around the house for 50 years.
Picking up 12 more boxes today.
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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beercritic
Penny Pincher Member
USA
112 Posts |
Posted - 03/22/2007 : 20:49:47
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OK. I don't generally post stats, as gathering them takes too long, but here's a breakdown of $30 from eastern KY:
3000 cents (I assume full rolls, I did not ensure 50/roll)
120 1982's (unsorted Cu vs. Zn)
6 Canadian (unsorted Cu vs. whatever)
Of the remaining cents (2874):
730 coppers (25.4%)
7 were wheats (1930 earliest)
1 was a novelty 1976 cent stamped with a Liberty Bell and a silhouette of the US
Also, 10 of the Zinc cents were worth saving, as they had no 'cancer' or 'leprosy' or whatever it is that eats those coins. Save your good-looking zincs - they will get harder to find. Of the 3 2007 cents I encountered, none was good enough to save. Amazing.
And 1 dime!
------------
About what I'd expected percent-wise Cu vs Zn.... A few less wheats than typical. About par on the good looking zincolns.
______________________
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n/a
deleted
37 Posts |
Posted - 03/22/2007 : 22:55:59
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quote:
Originally posted by SNOOPY
Longtime lurker here, first post.
Been hoarding for a few months now.
Urged to post because of my recent luck from a box of pennies from Bank of America.
Around 20% coppers with 237 being wheaties!
In addition, found an 1895 Austrian 2 cent coin(value?).
Back to the same bank branch hoping to strike gold twice. To no avail.
Back to the normal finding of 15-20% coppers and one "wheatie" every 4-5 rolls. |
Edited by - n/a on 03/22/2007 22:57:40 |
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Ryedale
Administrator
USA
523 Posts |
Posted - 03/23/2007 : 01:20:51
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quote:
Originally posted by HoardCopperByTheTon
Rydale,
When are you going to tell us the story of your first major zinc dump at the credit union?
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560
Ok this week I took back $1000 worth of coin. Here’s the breakdown. It was a "trial" run at the new credit union. It consisted of mixed coin, because I buy coins from my friends at work Quarters dimes nickels and pennies. (got one silver dime from this lot too, I know big deal) I know you will all chastise me for the nickel return, but I basically only had nickels for testing the machine to find .999 NI Canadians. I cannot justify at this time to buy and keep the US nickels, as I have not heard of anybody buying them at a premium. Also I still have bills to pay at Ryedale Coin and I need to stay liquid. That is a personal choice and I will probably kick myself someday when nickels commonly trade for a quarter a piece, and you cannot find them anywhere.
I arrived with my mixed coin $385 in clad quarters $125 in dimes $300 or so nickels, and the remainder zinc pennies. My total was $1000 going in.
The credit union has 2 girls and 2 guys working behind the counter. I brought in my extremely heavy black bag of coin, and the guys took to it quickly. While they start to count, I go out to the truck two more times and get more. They have a machine that sorts about 600 coins per min, so it took about 45 minutes to an hour to count all my coins. It seems that the guys tore into this, almost like weight lifting or something. The one guy kept coming out and giving updates saying like, "only 8 bags to go" I waited in the lobby sitting down and saw the other guy feeding the machine. They did it in a single batch, and had to change out many lot bags as the canvas machine bags filled up. They got all done and their total came to 1001.35 so slightly higher than I thought I had. I think next week I will go in with about $200 in zinc and see how it goes.
I put my coins in batches of 2500 coins so it will still take them about 30 minutes to count it. It may be beneficial to go with $75 each week for a while, as I do not want them to have to change out the bags too often. Each $50 they have to put on a new canvas bag and dump to the plastic FED bags. I don’t want to be the cause of them going to a "charge" system for coin return.
One of the girls and the one guy who fed the machine for the order, were in the back room (glassed in), and when he was done I heard her ask him how much. He said $1000 and I saw her say WOW under her breath so I would not hear. I would bet it could have been the single biggest return to that credit union branch to date.
I still have over 300 in zinc to return. Again I will probably regret returning zinc someday too, as I am actually bullish on zinc, but I still enjoy the game, and like getting the copper, and then looking for old stuff. Need to return the zinc and nickels for now to stay liquid.
Ok now new coins acquired story. I now have bought so consistently at my long time credit union, that the girls are taking in customers wrapped rolls, and just bagging them in the fed bags, ($50). They have now also stopped unwrapping customers rolls and I do it instead. Here’s the funny thing. I got a roll that was sun bleached on one side. It had 7 zinc coins in it, newest one from 1984. So 86 percent on that roll. I know it’s not the average, but it is neat to find these oddities. It also tells the story of how “worthless” the penny has been for so long. If a person can wrap in 1985 say, and then the roll never even gets opened, turned in in 2007, 22 years later. I find that amusing somehow.
Well hoarders have a great weekend. Ryedale
Ryedale
Hoard Copper Pennies,
The market will develop |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/23/2007 : 01:56:04
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quote:
Originally posted by Ryedale
I know you will all chastise me for the nickel return, but I basically only had nickels for testing the machine to find .999 NI Canadians. I cannot justify at this time to buy and keep the US nickels, as I have not heard of anybody buying them at a premium.
Maybe I should run an auction and see how far back of melt the nickels sell for. I know what you mean about being undercapitalized. I sold off alot of my shiny nickels this week when eBay had their 20 cent listing day. Hope to get your machine this week. I started looking around my office at work (where I hide some of the extra boxes of pennies she doesn't know about) and counted 40 boxes awaiting sorting. I have more than that stashed in the garage. I figure if I can automate my sorting operation I can free up $1500-2000 in capital. Thanks for sharing the story with us.
Sorting percentages for today:
20 bank wrapped rolls of pennies
193 Copper
2 Canadian
19.3 percent
At this sorting rate it will probably take me 22 years to sort all those virgin boxes. I really need that machine.
Buying report for today:
12 boxes bank wrapped pennies
Took a peek inside the boxes and it looks like when I resort it between old and new rolls it will come out to 7 boxes of new shiny ones and 5 boxes of the sweet stuff (some disassembly required)
Motto: If you buy enough boxes of pennies you are bound to get a few rolls to sort.
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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n/a
deleted
37 Posts |
Posted - 03/23/2007 : 06:20:31
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HoardCopperByTheTon or others ... what are your techiques for sorting ? OTHER then machine :)
I have found that I can do 2 rolls at a time in under 3 minutes. I first dump both rolls out and
quickly sort out the pre 1982 by sight, then with a magnifying glass quickly verify those. Then go over the others and pick out the pre-1982s.
On another topic, I went to my bank yesterday and asked if they could get me boxes of Canadian Nickles. They are supposed to get back to me today with the answer. |
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n/a
deleted
37 Posts |
Posted - 03/23/2007 : 08:39:37
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quote:
Originally posted by BonPecheur
HoardCopperByTheTon or others ... what are your techiques for sorting ? OTHER then machine :)
I have found that I can do 2 rolls at a time in under 3 minutes. I first dump both rolls out and
quickly sort out the pre 1982 by sight, then with a magnifying glass quickly verify those. Then go over the others and pick out the pre-1982s.
Same method used here, very effective.
Very fortunate on where I live as I have about 30 banks within 5 miles of me. :) |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/23/2007 : 09:41:14
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quote:
Originally posted by BonPecheur
HoardCopperByTheTon or others ... what are your techiques for sorting ? OTHER then machine :)
I have found that I can do 2 rolls at a time in under 3 minutes. I first dump both rolls out and
quickly sort out the pre 1982 by sight, then with a magnifying glass quickly verify those. Then go over the others and pick out the pre-1982s.
I found that I can sort much faster and more efficiently with a little digital scale than I could by sight. I do 2 rolls in about 2 minutes and all of my 82's are already sorted when I am done. I pour a roll into my right hand and drop them on the scale one or 2 at a time. I drag the rejects off the scale to the left with my left hand.. if the coin is copper I kick it to the right if it is tails up and a memorial or flip it and check to see if it is a wheat cent if it is heads up before dropping it in the copper pile. When the piles get big enough I scoop them off the desk into these large plastic stackable bins I got at the dollar store for a buck each. I use a higher end Ohaus scale (I have a couple of them) but I tried a cheapo scale I bought for about $11 including shipping on eBay and it worked just fine too.
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
Edited by - HoardCopperByTheTon on 03/24/2007 00:21:02 |
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Frugi
Administrator
USA
627 Posts |
Posted - 03/23/2007 : 18:08:50
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Bought $100.00 in Canadian Nickels. (50 rolls) [only got 47 rolls]
I had to drive 70 miles to a small town in northern Missouri to buy these.
I have NOT sorted them yet, and I will update you guys on my findings.
I do know that 22 rolls are uncirculated 1964's and won't be sorted.
I also know that I am short 3 rolls because I have 25 rolls of mixed dates to be searched. I have bought from this person before and their Ni content is usually high 90%, and lots of nice war/steel dates in unc. conditions.
I didn't count the rolls until I got back home, I just trusted the seller, that they would all be there. I am not complaining due to being a great deal anyway. I am sure it was just a mistake on his part because it is a trustworthy person.
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/23/2007 : 19:18:29
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Just got my new RyeDale CoinArtist, and after some futzing about with solenoids and screwdrives, I managed to sort my first box of Canadian Pennies. Once the machine was set, sorting took about 15-20 minutes:
1285 Cu
/2500
=51.4%
and, since canadian copper pennies vary by weight:
8.21lb copper.
Also: 1 1943 US Steel War Penny
+++++++++++++++++
Running totals:
Nickels
Sorted: 158,880
Found: 38,926
Average: 24.50%
Pennies
Sorted: 2500
Found: 1285
Average: 51.4%
+++++++++++++++++
________________________
"A nickel's nothing to scoff at."
C. Montgomery Burns
HoardCode0.1: M28/5CAON:CA5Ni35000:CA1Cu1200:CA100Ag345:
CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
How to read a HoardCode:
You must be logged in to see this link. |
Edited by - Canadian_Nickle on 03/23/2007 21:57:03 |
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n/a
deleted
132 Posts |
Posted - 03/23/2007 : 20:18:28
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10 Rolls
109 Copper
2 Wheat
3 Canadian
Well the gallon size paint cans will hold.
100 rolls of cents
90 rolls of jeffersons
"To the uninformed, pocket change.
To the informed, an investment." |
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DadaOrwell
Penny Sorter Member
99 Posts |
Posted - 03/23/2007 : 21:20:38
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what is the percentage of canadian nickels which are still in circulation and which are made of nickel?
Want freedom?
Move to New Hampshire!
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/23/2007 : 22:09:39
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4 boxes customer rolled Canadian pennies, from
TD, Meridian, BMO.
Sorted all four boxes in about 2 hours with the Ryedale.
Box 1: 1079
/2500
=43.16%
Plus 1 dime
Box 2: 1120
/2500
=44.8%
Plus 5 dimes!
Box 3: 1335
/2500
=53.4%
Box 4: 1103
/2500
=44.12%
+++++++++++++++++
Running totals:
Nickels
Sorted: 158,880
Found: 38,926
Average: 24.50%
Ni Weight: 389.26lb
Pennies
Sorted: 12500
Found: 5922
Average: 47.38%
Cu Weight*: 37.83lb
*(Assume .006389lb avg)
+++++++++++++++++
________________________
"A nickel's nothing to scoff at."
C. Montgomery Burns
HoardCode0.1: M28/5CAON:CA5Ni35000: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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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/24/2007 : 00:15:48
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quote:
Originally posted by Frugi
.
I do know that 22 rolls are uncirculated 1964's and won't be sorted.
Frugi, You might want to check those 64's out closely. It was either 64 or 62 in Canadian Nickels that had a rare variety where there was an extra wave in the water. Maybe someone here that is a more serious collector of Canadian Nickels can tell us which year and how to tell the difference.
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/24/2007 : 00:41:24
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Yes, 64 extra water line. There is an extra line of water on the left hand side of the beaver.
________________________
"A nickel's nothing to scoff at."
C. Montgomery Burns
HoardCode0.1: M28/5CAON:CA5Ni35000: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 - 03/24/2007 : 00:44:00
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$100 box of canadian nickels from TD:
417
/2000
=20.85%
++++++++++++++
Running totals:
Nickels
Sorted: 160,880
Found: 39,343
Average: 24.45%
Ni Weight: 393.43lb
Pennies
Sorted: 12500
Found: 5922
Average: 47.38%
Cu Weight*: 37.83lb
*(Assume .006389lb avg)
+++++++++++++++++
________________________
"A nickel's nothing to scoff at."
C. Montgomery Burns
HoardCode0.1: M28/5CAON:CA5Ni35000: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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Frugi
Administrator
USA
627 Posts |
Posted - 03/24/2007 : 01:01:23
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quote:
Originally posted by Frugi
Bought $100.00 in Canadian Nickels. (50 rolls) [only got 47 rolls]
I had to drive 70 miles to a small town in northern Missouri to buy these.
I have NOT sorted them yet, and I will update you guys on my findings.
I do know that 22 rolls are uncirculated 1964's and won't be sorted.
I also know that I am short 3 rolls because I have 25 rolls of mixed dates to be searched. I have bought from this person before and their Ni content is usually high 90%, and lots of nice war/steel dates in unc. conditions.
I didn't count the rolls until I got back home, I just trusted the seller, that they would all be there. I am not complaining due to being a great deal anyway. I am sure it was just a mistake on his part because it is a trustworthy person.
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
You must be logged in to see this link.
The final counts are:
1880 total Canadian nickels bought.
1669 Ni
211 non Ni
This has been the most fruitful take I have ever had. Almost all the non Ni nickels were extremely high grade 1944/1945 V nickels, and 1950's steelies with full mint luster and absolutely zero rust or scratches. There is also many post1981 DMPL dates. And last but not least a BU DMPL full luster 1951 bicenntenial. Also several 1947 BU's with full luster.
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
You must be logged in to see this link. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/24/2007 : 02:34:09
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quote:
The final counts are:
1880 total Canadian nickels bought.
1669 Ni
211 non Ni
This has been the most fruitful take I have ever had. Almost all the non Ni nickels were extremely high grade 1944/1945 V nickels, and 1950's steelies with full mint luster and absolutely zero rust or scratches. There is also many post1981 DMPL dates. And last but not least a BU DMPL full luster 1951 bicenntenial. Also several 1947 BU's with full luster.
Wow, great haul! Be sure to check those 64's for the extra water line variety.. that would be a real coup.
My sorting percentages for today:
20 Customer wrapped rolls of pennies
185 Copper
1 wheat
2 Canadian
1 US dime
18.5%
Buying Report for today:
First Bank - Wells Fargo
2 Boxes Bank Wrapped pennies
Second Bank (Right next door) - Washington Mutual
173 Customer wrapped rolls of pennies
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
Edited by - HoardCopperByTheTon on 03/24/2007 02:35:20 |
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Sorting percentages II & buying reports
Forum Locked
Topic Locked
