Author |
Topic  |
Ardent Listener
Administrator
    
 USA
4841 Posts |
Posted - 05/17/2007 : 18:17:57
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I closed the old sorting percentages and buying report.
Let's start on this new one.
**************** Fanaticism is doubling one's efforts, yet forgetting one's purpose.
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Canadian_Nickle
Penny Hoarding Member
   

Canada
938 Posts |
Posted - 05/18/2007 : 00:39:22
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Canadian nickels - 55 counter rolls from various banks in toronto
526/2200=23.9%
++++++++++++++ Running totals:
Nickels Sorted: 215,080 Found: 51,750 Average: 24.06% Ni Weight: 517.50lb !!! Quarter ton! Face Value ($CDN): $2,587.50 Melt Value (26.44$CDN/lb): $13,682.70 Profit: $10,982.43 Profit %: 528.8%!
Pennies Sorted: 12500 Found: 5922 Average: 47.38% Cu Weight*: 37.83lb Face Value ($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)
________________________ "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 - 05/18/2007 : 02:42:55
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Sorting percentages for today: 1 Box Bank wrapped cents 467 Copper 18.68%
Buying Report for yesterday: Washington Mutual - Livermore 60 Customer wrapped rolls of pennies
Buying Report for today: Comerica - Danville 12 Boxes Bank wrapped pennies
"Preserving coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu639700:US5Ni2400:CA5Ni46 |
Edited by - HoardCopperByTheTon on 05/19/2007 02:34:10 |
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Tourney64
1000+ Penny Miser Member
    

USA
1035 Posts |
Posted - 05/18/2007 : 17:39:56
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How about keeping the Canadian Coinage and US coinage as seperate topics....Many people in the US, can't get at the Canadian coinage and visa versa. |
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Canadian_Nickle
Penny Hoarding Member
   

Canada
938 Posts |
Posted - 05/18/2007 : 23:55:47
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Well, I would read them both anyway - I like to keep abreast of preecentage reports regardless of location. In fact, I would love to see sorting reports from other places (eg New Zeeland, which just debased its coinage) to gain a better overstanding of the global psycological trend towards hoarding. Plus, I like bragging in this thread, and have been doing so since its very first incarnation. Has this been bothering anyone else?
________________________ "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 - 05/19/2007 : 02:32:09
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I enjoy your bragging Canadian_Nickle. Though I admit to being a bit jealous since I live too far from the border to get any of those honest nickels.
Coin Sorting Report for today: 20 Rolls Bank Wrapped pennies 196 Copper 19.6%
Coin Buying Report for today: Washington Mutual - Livermore 30 Rolls bank wrapped quarters 60 Rolls Customer wrapped nickels 16 Rolls Custome wrapped pennies
Bank of America - Richmond 1 Box Bank wrapped pennies 28 Rolls Customer Wrapped pennies 2 Rolls Shiny new Washington Dollars
Loomis Coin Drop at work: 5 Rolls bank wrapped pennies 5 Rolls Shiny new nickels 3 Rolls Shiny new dimes
"Preserving coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu639700:US5Ni2400:CA5Ni46 |
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Canadian_Nickle
Penny Hoarding Member
   

Canada
938 Posts |
Posted - 05/19/2007 : 03:41:25
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I like to think of myself as inspiration to you US guys - proof that the hoarding lifestyle can make you rich slowly by combining comodities investing with discount buying.
________________________ "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 - 05/19/2007 : 03:42:45
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right now I think your best buy down there is nickels. Low labour with a big potential upside.
________________________ "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 - 05/20/2007 : 02:48:26
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quote: Originally posted by Canadian_Nickle
right now I think your best buy down there is nickels. Low labour with a big potential upside.
While I like nickels, I still like pennies better. The nickels are just a buy and hold commodity. With the pennies you can sell off part of the hoard and plow the profits back into making the hoard bigger.
Buying Report for today: Bank of America - Livermore 12 Rolls of Shiny new Adams dollars
"Preserving coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu639700:US5Ni2400:CA5Ni46 |
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aloneibreak
Penny Hoarding Member
   

USA
672 Posts |
Posted - 05/21/2007 : 20:44:11
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todays $10 worth
682 zinc 276 coppers 40 1982's 2 wheats 0 canadians
276/1000 = 27.6% |
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Canadian_Nickle
Penny Hoarding Member
   

Canada
938 Posts |
Posted - 05/22/2007 : 17:21:29
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Wow! The boss went to the bank today and got a roll of nickels for the float - the entire roll was solid .999 nickel, except for 2 steel war nickels and a rare 1943 "V for Victory" tombac/copper nickel. Needless to say, I went down to the bank and bought the $100 worth of customer rolled nickels they had. I'm going to search it tonight and I'll post what I find.
________________________ "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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Edited by - Canadian_Nickle on 05/22/2007 17:22:17 |
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Canadian_Nickle
Penny Hoarding Member
   

Canada
938 Posts |
Posted - 05/23/2007 : 23:49:52
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Two boxes searched this week 472 & 208 680/4000 = 17%
Running totals Nickels Sorted: 219,080 Found: 52,430 Average: 23.93%
________________________ "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 - 05/25/2007 : 01:56:10
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Well, I had quite a day today. I had $1000 and was on a road trip for work, so I hit up some banks, enough to get $1010.00 face value in canadian nickel rolls - max 2 boxes per bank, many only had 10 or 30 rolls. Several banks had none.
Only one box of hand-rolled coins and one 10-roll bundle of machine rolled coins were skunked. The hand rolled box did yeild up 3 nickels that a hand sorter obviously missed. It also had the guy's bank account number written on the box. The 10 machine rolled skunk rolls worried me a little, since they may be a sign that one of the banks or other big coin handlers is now searching their coin holdings.
Using my RyeDale coin artist and my Glory WR-200, it took me a little under 3 hours from wrapped boxes of unsorted coin to wrapped boxes of sorted coin + a big bucket of pure nickel. Over 2 hours of that time was spent running the sorter, which, while fast, is much slower than the wrapper. That includes a double sort with the Ryedale, because it tends to miss 5 or so coins per box, so I always double sort my holdings to squeeze out every last ounce of pure nickel. In this case, the second sort netted me exactly 1 pound extra (100 coins)
The CoinArtist had the occasional "alignment jam" where nickels in the hopper would allign in such a way as to make them unmovable by the feeder, by those were easily cleared by simply shaking the feeder block. I also had one nickel with sharp gouges in the side that jammed in the feeder block, requiring emptying the hopper and removing it, and two cases of "double nickels" with nickels stuck together - these slow the machine down but you can let the hopper empty itself (at the slower rate) and then just pull out the doubled coins. All in all, I'm quite impressed with this unit as a nickel sorter, especially since it was designed initially for pennies. >20,000 sorts/hour!
As for the WR-200, well, it's just a sweet sweet dream. Coins go in the top, 40 rolls come out the bottom every minute, until you press the button to stop.
So: Here are the numbers for this sort:
4328/20200 =21.43%
Running totals Nickels Sorted: 239,280 Found: 56,758 Average: 23.72%
Also: 43lb * $23 = $989
- face ($215) = $774 profit
/ 3 hours = $258/hour!
Hours to pay off my capital costs (wrapper, sorter, paper): 9.7
After that: Profit!
________________________ "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 - 05/26/2007 : 01:29:44
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Sorting percentages for today: 1 Box Bank wrapped pennies 500 copper 20%
Coin Buying report for today: Bank of America - Livermore 3 Boxes bank wrapped pennies 15 rolls shiny new quarters
Bank of America - Richmond 1 Box bank wrapped pennies 12 Rolls shiny new Adams dollars
Washington Mutual - Richmond 10 Rolls customer wrapped pennies
"Preserving coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu639700:US5Ni2400:CA5Ni46 |
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n/a
deleted
 

132 Posts |
Posted - 05/26/2007 : 16:11:37
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20 Rolls
229 Copper 5 Wheat 3 Canadian 1 Lincoln Plastic Cent "play money"
"To the uninformed, pocket change. To the informed, an investment." |
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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 05/26/2007 : 16:51:05
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quote: Originally posted by pre-82
20 Rolls
229 Copper 5 Wheat 3 Canadian 1 Lincoln Plastic Cent "play money"
"To the uninformed, pocket change. To the informed, an investment."
The Mint wants their plastic prototype cent back pre-82.
**************** Fanaticism is doubling one's efforts, yet forgetting one's purpose.
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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 05/26/2007 : 23:40:01
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quote: Originally posted by pre-82
20 Rolls
229 Copper 5 Wheat 3 Canadian 1 Lincoln Plastic Cent "play money"
I thought it was all "play money"
"Preserving coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu639700:US5Ni2400:CA5Ni46 |
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horgad
1000+ Penny Miser Member
    

USA
1641 Posts |
Posted - 06/01/2007 : 11:50:30
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My last bank run yielded:
12500 Zinc (uncirculated 2007) 0 Coppers
The good news is they took me 30 seconds to sort instead of the usual 5+ hours 
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n/a
deleted
 

132 Posts |
Posted - 06/01/2007 : 19:51:09
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20 Rolls
312 Copper 0 Wheat 0 Canadian
No wheat or canadian but still good #'s this time.....
"To the uninformed, pocket change. To the informed, an investment." |
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SmallCHange
Penny Sorter Member


USA
70 Posts |
Posted - 06/02/2007 : 06:03:28
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20 Customer Wrapped Rolls Ran into some pre-sorted all zinc rolls. I could pick them out and predict these rolls, as these rolls were of same type wrapper - I keep my zincs too, so someone else is also sorting in the area.
139 copper memorial 4 copper wheat - 1930, 1940, 1945, 1956 3 canadian non-copper 14.3% |
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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 06/05/2007 : 01:34:32
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Coin buying report for today: Bank of America - Livermore 2 Boxes shiny new Adams Dollars 15 Rolls shiny new quarters 2 Boxes Bank wrapped pennies
"Preserving coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu639700:US5Ni2400:CA5Ni46 |
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n/a
deleted
 

132 Posts |
Posted - 06/05/2007 : 20:29:24
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20 Rolls
299 Copper 1 Wheat 1 Canadian
"To the uninformed, pocket change. To the informed, an investment." |
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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 06/06/2007 : 01:00:04
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quote: Originally posted by pre-82
20 Rolls
299 Copper 1 Wheat 1 Canadian
Looks like your numbers have definately improved.
"Preserving coinage.. 2 tons at a time"
HoardCode0.1:M48/14USCA:US1Cu639700:US5Ni2400:CA5Ni46 |
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n/a
deleted
 

132 Posts |
Posted - 06/06/2007 : 07:21:25
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Yes " Knock on Wood " they have improved.
I have slowed a little on searching...
Thinking that was my problem ?
Dont know if it was but my #'s have improved.
Another thing im happy about........
The bank i deal with stopped the .10 cent charge for every roll over 10 rolls.
"To the uninformed, pocket change. To the informed, an investment." |
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horgad
1000+ Penny Miser Member
    

USA
1641 Posts |
Posted - 06/06/2007 : 07:44:42
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"The bank i deal with stopped the .10 cent charge for every roll over 10 rolls."
Was that charge for buying or returning pennies? Just curious...
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n/a
deleted
 

132 Posts |
Posted - 06/06/2007 : 19:55:25
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That was for buying rolls....and it was for all denoms. .1 .5 .25 .50 1.00
"To the uninformed, pocket change. To the informed, an investment." |
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