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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
 Posted - 06/16/2009 : 12:30:43
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I have been sorting pennies with the Ryedale for some time now. Getting bags and boxes, basically in whatever form I can get to reach my weekly goal.
It seems to be getting pretty boring going to the banks, picking up coins. Running them through the Ryedale. THen returning the zincs.
It is just so routine that I sometimes don't even want to bother with them.( getting burned out)
But the fact that they are already worth more than face helps me push forward.
Sorting is like a part time job. Heck even like a 2nd full time job at times.
Has anyone else had to push through just to keep up the pace?
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You don't have to be the BEST you just have to be.......SLICK
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Market Harmony
1000+ Penny Miser Member
USA
1274 Posts |
Posted - 06/16/2009 : 12:58:09
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Things I tell myself:
1) If you can do it and don't, then prepare for future self-induced mental anguish
2) Why let someone else get your pennies?
3) How else can you get a +35% return with 0 risk?
4) Over time, the zinc:copper ratio will increase. Sort now while the odds are in your favor
5) Nobody is going to give you the copper, but it's there for you if you want to work for it.
6) That one teller is kinda cute
7) You bought the Ryedale, now use it.
8) There are 330 million Americans, and only about 3,000 penny sorters, less than 300 of them have serious sorting equipment (Ryedale), the rest are hand sorting. If you have a Ryedale, then you are ahead of 99.999101% of the rest of the US population, and only represent 10% of the estimated penny sorting public. We're talking about the opportunity cost of NOT sorting with the Ryedale.
9) boring beats poor every time
10) a 1909 S VDB has to be in circulation somewhere |
goto the new and improved realcent: http://realcent.org |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 06/16/2009 : 12:58:54
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I know I was getting a little burned out and had some people teasing me about doing it. When I found my 1866 Indian Head Penny that motivated me to keep going. I guess the hope of finding a coin worth 100's of dollars keeps me going.
I try to do it while I'm watching TV but of course I am hand sorting |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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c140cessna
Penny Collector Member
USA
419 Posts |
Posted - 06/16/2009 : 13:04:31
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I'm there - probably beyond burned out.
I've dumped over 20 tons of zinc/steel over the years......it sucks.....I pretty much took about 6 months off....plus pretty much started to run out of money for hoarding.
I'm slowly getting back into it.
I have a few more tons to go. |
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 06/16/2009 : 13:46:36
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Slick, if it bores you that much take a month or two break. You could also buy copper cents from members here on realcent.
Taylor |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 06/16/2009 : 14:00:41
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quote:
Originally posted by c140cessna
I'm there - probably beyond burned out.
I've dumped over 20 tons of zinc/steel over the years......it sucks.....I pretty much took about 6 months off....plus pretty much started to run out of money for hoarding.
I'm slowly getting back into it.
I have a few more tons to go.
I know you guys like copper searching and hoarding. At a 25% copper cent rate, doesn't that mean you've got to come up with a lot of CASH to maintain your search for coppers. I think silver searching for halves or dimes requires less CASH outlay. Silver searching is sort of a poor man's approach to hoarding. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 06/16/2009 : 14:34:36
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quote:
Originally posted by Country
I know you guys like copper searching and hoarding. At a 25% copper cent rate, doesn't that mean you've got to come up with a lot of CASH to maintain your search for coppers. I think silver searching for halves or dimes requires less CASH outlay. Silver searching is sort of a poor man's approach to hoarding.
Yes you have to have cash to sort copper. Lets just use easy numbers here
$500.00 a week pick-up
25% CU yield ( probably less)
That is $125.00 a week in copper pennies just sitting.
Ok now get a $500.00 box of halves. Find 15 40% halves( sweet box )
Now you have $7.50 tied up on something that is worth $30 +/-
So yes copper penny sorting is a higher cost but it always yields something. I have never heard of a $500.00 skunk on pennies. If you didn't get copper you got something better ..you got BU coins.
But you can buy $500 in halves every week and get skunked for a month or two.
I ain't quitting, just slowing down for a few weeks.
I think the summer heat here in the south takes it toll on me and I don't feel like doing anything. near 100 degree days with high humidity beats me down. |
You don't have to be the BEST you just have to be.......SLICK
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vrbsroma
Penny Collector Member
394 Posts |
Posted - 06/16/2009 : 15:34:06
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Awesome posts (I know people hate that line, but this thread has some good ones).
I was just getting tired last week. I'm off on vacation soon, so hopefully when I get back I will be recharged. I've been skunked on halves for three boxes now, so I switched to pennies (I love that word, brings me back to childhood) for the time being. |
As far as I know, it is stated "In God We Trust" on the US dollar. How can I trust this currency if I do not believe in God?
Possession is nine-tenths of the law.
When I give my two cents, they're always copper! |
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jonflyfish
Penny Hoarding Member
USA
693 Posts |
Posted - 06/16/2009 : 15:43:46
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| If it becomes boring then perhaps switch it up a bit i.e. sort some halves, search for buffalo and war nickels, trade a few hundred ounces of gold back and forth on ebay etc. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 06/16/2009 : 16:14:37
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Some good advice. I went through that last year as a hand sorter. I think there was a lack of exciting boxes or exciting finds, so it became kind of routine. MH hits on some good points, and I like what jonflyfish said in the post above mine about switching things up. Right now I have taken a break from US copper cents, and have been hitting coin shops for common Morgans and Peace Dollars. Two weeks ago I found a 1922 Peace Dollar for $15 in AU condition that is a VAM 1F. APMEX has a few examples in the hundreds of dollars, and Vamworld lists it as "rare" with some nice recent sales:
You must be logged in to see this link.
So dont be afraid to mix it up a little and try to keep it fresh. I've had a blast doing the VAM searches and plan to make a road trip out of the area to hit up a few shops. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 06/16/2009 : 17:12:35
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the only thing i really get bored with is having to roll all those zinclons back up But hey i guess thats the price you have to pay for some copper |
Inquiring minds want to know |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 06/16/2009 : 17:16:48
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Some of you guys haven't been doing it long enough to get burnt out. If it's already happening, then a break is in order for you. I like all aspects. I'm not comparing myself to c140cessna, but I've done more than a few myself and still love it. Teasing? Who cares. The teasers are just ignorant. They'd rather inappropriate language their money away. You are never "out" any money, you are just saving it in another form. I say sort, sort, sort....
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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biglouddrunk
Penny Pincher Member
138 Posts |
Posted - 06/17/2009 : 01:50:10
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| Just hang in there. With alternative energies the demand for copper is going up. With inflation problems and the weaken of the US dollar I have a feeling we will shoot past 06 levels in no time. |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 06/17/2009 : 05:03:10
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yeah it can get boring. I was getting burned out on halves to the point where I didn't want to touch them anymore even though my finds were far above average. I was up to 4 boxes or so per day during the weekdays for about 2 weeks last month. Dumping them to avoid running into cashflow problems became a PITA and a nuisance.
gotta pace yourself and keep in mind that it's supposed to be a hobby (and therefore fun). |
Edited by - buyingsilvers on 06/17/2009 05:10:59 |
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Nickelless
Administrator
USA
5580 Posts |
Posted - 06/17/2009 : 05:29:09
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Slickeast, just keep looking at your steadily-growing copper pile and remind yourself that your supply of real money is increasing every day that you sort. The only reason I stopped sorting after about 560,000 coins and sold my Ryedale to Misteroman is because my schedule got really, really packed (and more than eight months later, it still is). Think of sorting as a huge scavenger hunt, because nobody knows what they'll find as they're sorting, and when you find those really cool old coins, whether it's a bunch of Indian Heads or just really cool old wheats, it's different every time and half the fun is just seeing what will come out of your Ryedale next. Hang in there, we all go through dry periods, but once you're sitting on a C140Cessna-size pile of coppers, you'll be glad you did this.
Having said that, Cessna, watch out for the competition. |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively
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Ryedale
Administrator
USA
523 Posts |
Posted - 06/17/2009 : 07:03:36
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quote:
Originally posted by Gr33nday43
Slick, if it bores you that much take a month or two break. You could also buy copper cents from members here on realcent.
Taylor
I'm glad to see somebody picked up Mr Gresham as an Avatar. Good Job. |
Ryedale
GET YOUR DRI-SLIDE FROM IRONBRAID
http://www.ironbraid.com/driside.html
Used with permission from Ironbraid.
Quote
"The real art of conversation is not only to say the right thing at the right place, but to leave unsaid the wrong thing at the most tempting moment."
— Dorothy Neville-Rolfe |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 06/17/2009 : 10:30:24
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The question was: Is sorting getting boring?
The answer is: No! I love to find the two birth years that I am looking for now in the zincs and I always have the anticipation of being able to find something really cool and worthwhile.
You never know what you could find in your next roll, or even in your pocket change!  So all of that keeps me searching and enjoying myself.
Enjoy. |
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Is sorting getting boring?
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