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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/24/2007 : 02:41:38
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Frugi: How much are you paying for canadian nickels? Also, I will buy them war nickels. Lemme know.
________________________
"A nickel's nothing to scoff at."
C. Montgomery Burns
HoardCode0.1: M28/5CAON:CA5Ni35000:CA1Cu1200:CA100Ag345:
CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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Frugi
Administrator
USA
627 Posts |
Posted - 03/24/2007 : 08:13:55
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I am paying no more than $0.05 in US dollars. I call all over my area within 100 miles and ask if they have any Canadian nickels they will sell for five cents each. Many have been very receptive and said they have many to offer. Americans in general extremely dislike Canadian coinage and basicly would rather throw it in the garbage than admit to even owning some. This presents the perfect buying opportunity for the educated hoarder. I will let you know on the steels I will figure some way to list them on eBay for a private auction and I will send you an email.
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
 Posted - 03/24/2007 : 12:55:46
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Frugi,
You are getting Canadian coin from banks in the US or from coin dealers? And how many phone calls did you have to make?
Thanks |
Edited by - horgad on 03/24/2007 12:56:13 |
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Frugi
Administrator
USA
627 Posts |
Posted - 03/24/2007 : 15:39:20
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I have been getting nickels from coin dealers. I have made tons of phone calls; I get the yellow pages out & call every coin dealer listed in the book, I go online to find every coin dealer within 150 miles and call them, I travel frequently and stop at coin dealers throughout the areas I travel. Eastern Missouri is pretty much cleaned out thanks to me, but this is a big country and there is alot of coin dealers that haven't caught on. Prety much NO coin dealer anywhere has caught on (basicly no coin dealer knows the value of Ni and no one knows Canadian nickels are made of pure Ni).
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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n/a
deleted
43 Posts |
Posted - 03/24/2007 : 15:47:23
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but how do you get rid of the one's that aren't pure nickel? missouri is a long ways from canada!
"Preserving coinage by the pound" |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/24/2007 : 18:17:03
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I'm sure you could take a box of canadian nickels to yr bank and they would treat it like a canadian 100 dollar bill and just exchange it for you.
________________________
"A nickel's nothing to scoff at."
C. Montgomery Burns
HoardCode0.1: M28/5CAON:CA5Ni35000:CA1Cu1200:CA100Ag345:
CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/24/2007 : 18:21:28
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Ryedale Coin Artist + Sharp knife + 1 box of machine rolled Canadian nickels =
420 .999Ni coins in 10 minutes. That's right: box to sorted, total time, 10 minutes. Now I still have to roll them :(
420/2000
=21%
++++++++++++++
Running totals:
Nickels
Sorted: 162,880
Found: 39,763
Average: 24.41%
Ni Weight: 397.63lb
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
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Frugi
Administrator
USA
627 Posts |
Posted - 03/24/2007 : 20:28:21
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No one will accept Canadian coins of any tyoe anywhere in USA especially at a bank. If I had a bunch I suppose I would use a coinstar because it would accept the cupronickel ones I think. Since I started buying these around Missouri I haven't had an amount of non Ni nickels that was worth trying to get money back for usually my Ni content is 90-95%.
Real Eyes Realize Real Lies
Buy Less. Work Less. Live More.
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n/a
deleted
43 Posts |
Posted - 03/24/2007 : 21:21:47
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oh boy, I might have to get a rydale sorter then. that would change the calculations.
"Preserving coinage by the pound" |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/24/2007 : 21:23:03
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Two more quick machine rolled boxes:
427/2000
=21.35%
469/2000
=23.45%
++++++++++++++
Running totals:
Nickels
Sorted: 166,880
Found: 40,659
Average: 24.36%
Ni Weight: 406.59lb
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:
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/24/2007 : 23:25:04
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quote:
Originally posted by Canadian_Nickle
Ryedale Coin Artist + Sharp knife + 1 box of machine rolled Canadian nickels =
420 .999Ni coins in 10 minutes. That's right: box to sorted, total time, 10 minutes. Now I still have to roll them :(
Wow, impressive sort time! I gotta get me one of those machines. I know what you mean about rolling them.. that is probably the most time comsuming part of your operation now. If you lived closer I would be happy to let you use one of my wrapping machines. I just got my second Glory WS-10 wrapper last week (It was going way too cheap on ebay). They roll 10 rolls a minute each. Before getting a wrapper I used one of those Royal Soveriegn coin counters that drop it right into a roll and stop when the roll is complete. Pretty good little machine for a cheap price. If you don't want to pay for the expensive coin tubes you just have it count out a rolls worth into the plastic tube and then wrap it in the coin wrapper you took the coins out of.. unless you hacked up that wrapper with a knife! <G> Much faster than hand counting.
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/25/2007 : 00:03:10
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Yeah? Do you want to sell one of them?
________________________
"A nickel's nothing to scoff at."
C. Montgomery Burns
HoardCode0.1: M28/5CAON:CA5Ni35000:CA1Cu1200:CA100Ag345:
CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/25/2007 : 02:13:39
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quote:
Originally posted by Canadian_Nickle
Yeah? Do you want to sell one of them?
What, and cut my rolling capacity in half? Then I would actually have to change the paper every time I wanted to switch from rolling pennies to rolling nickels. The shipping would probably kill you. You wouldn't believe the amount of trouble I got in when that 100 pound package showed up on the porch. I did see one on a used banking equipment site.. only $1900. There is a current auction on eBay for a Glory WL-5. The reserve is not met yet. I hate those reserve auctions!
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
Edited by - HoardCopperByTheTon on 03/25/2007 02:14:44 |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/25/2007 : 04:03:23
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Sorting percentages for today:
10 Customer wrapped rolls
101 Copper
20.2%
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/25/2007 : 16:23:03
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Yeah, reserve auctions suck.
I used to buy old typewriters online. Some of the ones from the late 1800's are amazingly heavy to have shipped.
________________________
"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:
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/25/2007 : 18:03:47
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1 box Canadian Nickels. Machine rolled from TD:
464/2000
=23.2%
++++++++++++++
Running totals:
Nickels
Sorted: 168,880
Found: 41,123
Average: 24.35%
Ni Weight: 411.23lb
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:
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/25/2007 : 23:03:25
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quote:
Originally posted by Canadian_Nickle
1 box Canadian Nickels. Machine rolled from TD:
464/2000
=23.2%
Wow, you are really getting productive not that you have that fancy, smancy machine to do all the work. I gotta get me sum a dem nickels before you get all the good ones. My dad lives just across the border in Port Townsend, WA. I will try to talk him into driving over and getting me a bunch of boxes. I hear nickels are cheaper on your side of the border.. they are certainly more worth sorting through. Anything special a guy should know when trying to buy nickels there? Does a guy just walk into a bank and say "I'd like to buy some nickels, eh?" Are there certain banks that are better to deal with when you want to get several boxes? Are some banks not willing to deal with you if you don't have an account there? Any restrictions on how many nickels he will be allowed to smuggle back across the border to me.. like a $10,000 max? I really like my dad and don't want him to end up in some Canadian prison for smuggling nickels.. that would be worse than me going to prison for melting pennies.
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
Edited by - HoardCopperByTheTon on 03/25/2007 23:07:45 |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/26/2007 : 01:34:54
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Today's sorting percentages:
10 rolls bank wrapped cents from one of my weekly 12 box pickups
129 Copper
1 Wheat
1 Canadian
25.8%
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/26/2007 : 17:15:17
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4 boxes customer wrapped Canadian Nickels. From various banks in Wasaga Beach.
1935/8000
=24.19%
++++++++++++++
Running totals:
Nickels
Sorted: 176,880
Found: 43,058
Average: 24.35%
Ni Weight: 430.58lb
Face Value ($CDN): $2,152.90
Melt Value (24.14$CDN/lb): $10,394.20
Profit: 482.79%
Pennies
Sorted: 12500
Found: 5922
Average: 47.38%
Cu Weight*: 37.83lb
Face Value ($CDN): $59.22
Today's Value (3.63$CDN/lb): $137.32
Profit: 231.88%
TOTAL INVESTMENT RISK EXPOSURE: $0.00!!!
Unknown opportunity cost of having my money in coins instead of "the stock market": Don't know & don't care.
Rock.
*(Assume .006389lb avg)
+++++++++++++++++++++++
And, to answer yr questions:
"My dad lives just across the border in Port Townsend, WA. I will try to talk him into driving over and getting me a bunch of boxes. I hear nickels are cheaper on your side of the border.. they are certainly more worth sorting through. Anything special a guy should know when trying to buy nickels there?"
Don't go to CIBC banks. Unless you want to get mint rolls."
"Does a guy just walk into a bank and say "I'd like to buy some nickels, eh?""
Pretty much. It's a bank. They do that kind of thing. The eh is optional.
"Are there certain banks that are better to deal with when you want to get several boxes?"
It's more about luck. You can make your own luck by always asking for 2 boxes at each bank. They may compromise and give you one.
"Are some banks not willing to deal with you if you don't have an account there?"
Yes. Act like you're a business customer. Go to the business wicket. Say maybe that you're an american vending machine salesman and you need to get some coins to demo your unit to customers in Canada.
"Any restrictions on how many nickels he will be allowed to smuggle back across the border to me.. like a $10,000 max?"
I am not a lawyer or an american, but I believe your currency limit is $10,000 undeclared. I don't know of any acts prohibiting taking canadian coin across the border, like the american mint regs.
"I really like my dad and don't want him to end up in some Canadian prison for smuggling nickels.. that would be worse than me going to prison for melting pennies."
Don't be dissin' jail.
Ok, peace out y'all.
________________________
"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:
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/27/2007 : 03:22:04
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quote:
Originally posted by Canadian_Nickle
"Does a guy just walk into a bank and say "I'd like to buy some nickels, eh?""
Pretty much. It's a bank. They do that kind of thing. The eh is optional.
Thanks for the helpful and humorous hints. I figure if he sounded like a local instead of some South of the Border Hoarder it might increase his chance of gettin' me sum a dem good nickels.
Sorting percentages for today:
1 Roll customer wrapped pennies
13 Copper
1 Wheat
26%
I know, 1 roll ain't much, but at least I sorted something today.
Buying report for today:
Bank of the West
46 Rolls customer wrapped pennies
1 shiny roll of nickels
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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n/a
deleted
132 Posts |
Posted - 03/27/2007 : 20:30:32
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10 Rolls
93 Coppers
Got the shaft.....2 FULL rolls of the nastiest
coins i have ever seen.
Didn't bother sorting......
"To the uninformed, pocket change.
To the informed, an investment." |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
 Posted - 03/28/2007 : 00:04:53
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quote:
Originally posted by pre-82
Got the shaft.....2 FULL rolls of the nastiest
coins i have ever seen.
Honest, I'm not turning my coins in in your town. Wonder how they got there though. <G>
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/28/2007 : 02:19:30
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Buying Report for today:
Washington Mutual - Richmond
8 rolls customer wrapped pennies
1 roll customer wrapped nickels
8 rolls Washington dollars - Darn!, they all had edge lettering
Bank of America - Richmond
2 Boxes bank wrapped pennies
1 Box bank wrapped nickels
Coin Club in Fremont
2 Walking Liberty half dollars
2 Copper cents - 1913-S
1 BU encased cent - 1946
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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n/a
deleted
132 Posts |
Posted - 03/28/2007 : 21:09:45
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10 Rolls
101 Copper
6 Canadian
Found a neat one its a 1961-P that someone has
stamped the Masonic symbol ( Freemason ) on it.
Pretty cool find ......
"To the uninformed, pocket change.
To the informed, an investment." |
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aloneibreak
Penny Hoarding Member
USA
672 Posts |
Posted - 03/29/2007 : 00:08:47
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had time for 15 rolls tonite
531 zincs
200 coppers
18 1982's
0 wheats
1 canadian 1992
200/750 = 26.6%
got a couple boxes im waiting to get to - just been workin too much overtime |
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Sorting percentages II & buying reports
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