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coppernicus
Penny Collector Member
USA
383 Posts |
 Posted - 12/14/2008 : 15:45:08
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I was just wondering how closely most people track the size of their hoard. Since I am a hand sorter and don't have a counter I have to just approximate. I usually store my copper in empty Brinks boxes. I probably fit between 20 and 23 dollars per box. That leaves a pretty big range.
Do people that have counters track it to the penny?
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 12/14/2008 : 15:59:12
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| lol I wish I could track it to the penny. I attempt to get 20 bucks per brinks box to store, but sometimes one might fall out of the box or one might get added by accident. Or whatever. Then I can count boxes to get an approx. total. I also weigh the box to make sure it is 13.8lbs, it if isnt, it gets recounted.(hasnt happened yet). |
"99% of all lawyers give the rest of them a bad name" 
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 12/14/2008 : 18:01:07
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Pennies pennies everywhere. Where to start....
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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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 12/14/2008 : 18:49:08
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| Now that I have a counter and a Ryedale I will be keeping close track of my numbers and percentages |
Copper Penny Investing
www.portlandmint.com |
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Dan52
Penny Collector Member
USA
422 Posts |
Posted - 12/14/2008 : 19:55:40
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| I quit gathering copper pennies when I started going after silver. I have 17 - 1 quart mason jars filled with copper pennies. |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 12/14/2008 : 21:53:11
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| All I know is I'd have to spend most of a day hunting up and gathering all my 1/2 gallon jugs into one place. I really don't know how much I have... |
There's profit if you melt things!!
8{> |
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misteroman
Administrator
USA
2565 Posts |
Posted - 12/15/2008 : 00:53:55
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| I just throw them in 5 gallon buckets and count those.a few ppl on here do the same with 55 gallon buckets |
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 - 12/15/2008 : 02:25:22
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| I store in rubbermaid bins (not as stackable as I'd like). I have a CS-10 counter, but I am finding hand sorting coppers into Cdn by weight, and US Mem vs wheats to be incredably teadious. No idea how many I actually have. Maybe I should try counting them some time, but that would detract from my limited sorting time. Kind of odd for me to not count - I track most everything else in my life. |
“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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knibloe
1000+ Penny Miser Member
USA
1066 Posts |
Posted - 12/15/2008 : 08:10:07
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| I put them in 1/2 gallon juice containers. I figure that there is about 16lb of copper or $25 face in each container. Some day I will round them all up and count them, but not now. So, long story short, I have no idea, other thanit isn't any where close to my goal. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 12/15/2008 : 23:55:50
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| I guess I am the most anal one here...lol. I put them into 500 count ziploc bags (verified by weighing on a scale), and then four of the 500-count bags go into a single white cardboard baseball card box. I use the boxes that hold 660 cards I think. They are very sturdy and stack very well. I happen to know to the penny how many are in my small hoard using this system. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 12/16/2008 : 00:15:55
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Depends on where it is in the process. For the ones that are currently being processed I have a good idea what the capacity of each container is. Once fully processed I run them through my fastest counter and put them in the bag. It takes 75 minutes of run time on the Mach 7 to fill a bag.  |
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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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 12/16/2008 : 06:44:37
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I have so few it doesn't matter. But for the few I am keeping I have squirreled them away--one here, one there. Sort of like our furry "tree rat" friends burying their acorns.
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 12/16/2008 : 07:20:24
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quote:
Originally posted by HoardCopperByTheTon
Depends on where it is in the process. For the ones that are currently being processed I have a good idea what the capacity of each container is. Once fully processed I run them through my fastest counter and put them in the bag. It takes 75 minutes of run time on the Mach 7 to fill a bag.
75 minutes, thats all! That thing must be incredibly fast! |
"99% of all lawyers give the rest of them a bad name"
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Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 12/16/2008 : 08:22:36
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| I re-roll them, then fill a small box with 80 rolls per box. |
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wholelottabon
Penny Sorter Member
USA
76 Posts |
Posted - 12/16/2008 : 10:32:44
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i'm something of a numbers freak...so i track my hoard down to the copper (penny that is).
I'm a handsorter who uses my grandkid to help. When we sort we end up with 4 piles...Cu...wheatie...1982...and zinc (maybe more if there is some canadian or something else in the box). The Cu, wheatie and 1982 get rolled up seperately and put back into $25 bank boxes while the zinc just gets dumped into an empty box. When I get a fair amount of zinc I make a run to my kids credit union and dump them into the coin machine.
To track my Ag and Cu hoard I made an excel spreadsheet. First column list the different varieties of coin ( war nickel, barber dime, mercury dime, roosevelt dime....wheat penny, copper penny etc). Second column lists the current melt value of the individual coin at whatever spot price I plug into box A1 for silver or box A24 for copper. Third column lists the actual quantity of coins in the hoard. Fourth column lists the troy ounces/pounds for the quantity of coins from 3rd column. Fifth column lists the melt value for that quantity of coins. Sixth column lists my cost for the coins. And the last column gives my potential % return.
Columns 3 through 7 are totaled. This gives me a total face value, weight, melt value, cost, and potential return for my hoard.
It looked alot better when I was plugging $17.60 and $3.50 into the spot price boxes. |
Democrats + Republicans = Gambino's + Gotti's |
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dp2007
Penny Pincher Member
130 Posts |
Posted - 12/16/2008 : 11:22:21
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| I sort by hand. When I get 50 copper I roll em up. 50 rolls go back into the original "fed box". I've got 13 boxes full. 13x2500= 32,500 copper cents. The boxes stack neatly in a corner of my closet. My goal of 40 boxes (100,000 copper) should be reached in the year 2013. |
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Epaphras
Penny Collector Member
USA
382 Posts |
Posted - 12/16/2008 : 17:33:53
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| For the most part I do track the number of cents I have. The ones boxed ($25) and bagged ($50) is what I track. Loose rolls I could track, but I wait until I have enough to complete a box. The same for loose cents: I wait til I have enough to bag. I have an excel sheet as well, but I got lazy and stop using it. I have begun a complete inventory this month so I can start next year with exact numbers. |
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M83striker
Penny Pincher Member
USA
108 Posts |
Posted - 12/24/2008 : 09:24:26
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| I also track my hoard down to the penny. After a batch runs through the Ryedale it hits the separation boards where I pick out the Canadians and Wheats then goes directly into the Royal Sovereign and I babysit it till it poops out my rolls. The rolls go right back into the box they came in and get sealed up and stamped with the date that the box was filled. All of the pretty little sealed/stamped boxes go into my ever filling gun safe that I bought special for Cu storage. |
When my wife got after me it sounded like "Blah,Blah,Blah", but now it sounds like "Clink,Clink,Clink". Its amazing what that Ryedale can do for a hounded husband. |
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 12/24/2008 : 14:16:29
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I put the copper in sandbags 60 lbs. per bag. 2 bags to a 5 gallon pail.
I run 8,950 through the CS-10 counter to fill each bag in about 5 minutes.
I hand roll the wheats and put them in penny boxes.
It's pretty easy to count the buckets and boxes to get a total. |
Beer is my currency. |
Edited by - TXTim on 12/24/2008 14:17:35 |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 12/24/2008 : 20:14:34
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quote:
To track my Ag and Cu hoard I made an excel spreadsheet. First column list the different varieties of coin ( war nickel, barber dime, mercury dime, roosevelt dime....wheat penny, copper penny etc). Second column lists the current melt value of the individual coin at whatever spot price I plug into box A1 for silver or box A24 for copper. Third column lists the actual quantity of coins in the hoard. Fourth column lists the troy ounces/pounds for the quantity of coins from 3rd column. Fifth column lists the melt value for that quantity of coins. Sixth column lists my cost for the coins. And the last column gives my potential % return.
Columns 3 through 7 are totaled. This gives me a total face value, weight, melt value, cost, and potential return for my hoard.
It looked alot better when I was plugging $17.60 and $3.50 into the spot price boxes.
Sounds very similar to what I do....glad I am not the only numbers/spreadsheet freak here! |
My hobby: collecting real money 1 copper cent or nickel at a time.
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fb101
Administrator
USA
2856 Posts |
Posted - 12/24/2008 : 20:50:24
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| Same here with the numbers / spreadsheet, except I don't keep my copper in it. I just hand sort and hand roll and box $25 boxes of copper and stack them. So I have X boxes + <$25 loose. Close enough for me. In the spreadsheet I keep my other purchases and sort history so I know what I found on what day, then I carry it to the total Toz. & melt value. Also know to the penny my ave. cost. |
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Copper Catcher
Administrator
USA
2092 Posts |
Posted - 12/25/2008 : 17:24:07
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| Bag them and tag them! :-) |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 12/25/2008 : 18:37:28
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quote:
Originally posted by moboman
quote:
Originally posted by HoardCopperByTheTon
Depends on where it is in the process. For the ones that are currently being processed I have a good idea what the capacity of each container is. Once fully processed I run them through my fastest counter and put them in the bag. It takes 75 minutes of run time on the Mach 7 to fill a bag.
75 minutes, thats all! That thing must be incredibly fast!
Yeah, it's pretty quick.. 4,000 coins per minute. |
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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Steiner
Penny Collector Member
Canada
278 Posts |
Posted - 12/25/2008 : 19:05:49
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Just $25 cent boxes and $100 nickel boxes of either CU or Ni I am in Canada.
Easy to count. |
Steiner |
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How closely do you track the size of your hoard?
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