2 bank bags oh cents

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Got two bank bags of cents last night ($100 in cents)

I know some of you have really good luck with these...but not me. The copper rate was right around 17% but the wheaties were lacking.

12 wheats oldest 1937s
26 canadians oldest 1954
3 quarters
1 panama penny

 

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[Goldmanford]

Nice even if the wheats were slack. I'm looking for my old canadian cent to come any day now!

 

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I never get old Canadian cents. 50's is the oldest I have seen to this point. Never see IH's either.

 

[GMan00001]

With bags you have a better chance of a big hit, but you also have a slightly higher potential for a skunk. It all depends on who cashed in the coins. The primary difference with bags is if someone does cash in a collection, there is much better chance that you will get the whole collection and not just a part of it.

Other than that, the find rate in bags should be approximately the same as boxes. Of course if the branch you buy from has other CRH'ers using it as a dump you could end up with worse results too.

Before giving up on them, I would recommend trying some more bags. After you have had a chance to take a better sample, then decide which is better. Personally, I like the minimal garbage with bags in addition to the ability to buy many more from the same branch... (less gas/driving)

Yes, the count isn't always perfect, but on pennies, I'll easily take the variety over a perfectly accurate count. I prefer minimum windshield time and gas costs and more search time..

 

[That Canadian Guy]

I think you did really good, especially with that 1954. With a mintage of only 22,181,760 that would be the lowest mintage for a queen elizabeth Canadian cent. By no means would anyone call it a key date, Canadian coins are just generally minted on a far lower scale than US coins because of our small population, even smaller back then. You should check it for the No Shoulder Fold variety. Then you would have something special.

 

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I think you did really good, especially with that 1954. With a mintage of only 22,181,760 that would be the lowest mintage for a queen elizabeth Canadian cent. By no means would anyone call it a key date, Canadian coins are just generally minted on a far lower scale than US coins because of our small population, even smaller back then. You should check it for the No Shoulder Fold variety. Then you would have something special.

I really appreciate the background information here. Really helpful for a NOOB. I'll check tonight and report back about the fold.

Here is some more information for others that may not be in the know:

http://www.coinsandcanada.com/coins-prices.php?coin=1-cent-1955&years=1-cent-1953-1964#101

 

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Just looked and it had a fold.

 

[BCD11]

With bags you have a better chance of a big hit, but you also have a slightly higher potential for a skunk. It all depends on who cashed in the coins. The primary difference with bags is if someone does cash in a collection, there is much better chance that you will get the whole collection and not just a part of it.

Other than that, the find rate in bags should be approximately the same as boxes. Of course if the branch you buy from has other CRH'ers using it as a dump you could end up with worse results too.

Before giving up on them, I would recommend trying some more bags. After you have had a chance to take a better sample, then decide which is better. Personally, I like the minimal garbage with bags in addition to the ability to buy many more from the same branch... (less gas/driving)

Yes, the count isn't always perfect, but on pennies, I'll easily take the variety over a perfectly accurate count. I prefer minimum windshield time and gas costs and more search time..

Good points GMan!

I'll add the point that bags are a whole lot faster to feed into the sorter. When I cut the Brinks plastic rolls I can pretty much keep up with one of my Rube Goldberg sorters at 325+/- pennies/minute. If I can get bags I'm able to dump 1500+ coins into each of the sorters; talk about speeding up the sorting process!

As for the skunks...I can vouch first hand. A couple of weeks ago I asked if there were any bags of coins I could buy in addition to my regular week pick up. I was all fired up when the teller said there were three $1,000 bags of quarters and a $50 bag of pennies. This was my first try at quarters and I WAS excited. Well, 12,000 quarters later the excitement was 0 as were the silver quarters. Certainly, the comparitors were not calibrated correctly. So I "tuned" them again and switched sample coins. And, again, 12,000 quarters later the treasure bin was EMPTY. A ROYAL SKUNK! Fortunately the pennies were much better, about 38% copper.

 

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Oh that's brutal...at least you weren't hand sorting them. I think my days of hand sorting are about over. Time to invest in some "technology".

 

[BCD11]

Oh that's brutal...at least you weren't hand sorting them. I think my days of hand sorting are about over. Time to invest in some "technology".

Fortunately, "technology" doesn't have to cost an arm & leg. Another contributor to this forum, Madwest00, has posted some excellent videos of his homemade sorter. If I recall correctly, I think he said he spent somewhere around $65-$75 for the parts & pieces.

The two I've put together are in the same ballpark as far as cost. The components are fairly easy to come by and my Rube Goldberg's aren't high tech by any stretch of the imagination (I'd like to post a video or two but haven't quite figured out the process). From a performance standpoint I'm very satisfied. This afternoon I sorted four boxes of Brinks pennies in about 1 1/4 hour and that included clearing three jams plus getting a couple of Milkbones for my old pound hound.
IMO, a Ryedale is the cadillac of CRH equipment but I think one can do nearly as well for a lot less...I'm ready Ryedalers, let them arrows fly.

 

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I'm going to have to do some research. I just wqon't have the time come summer to keep up this pace.