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70 boxes of pennies

jrf30

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dfx, Ryedale!
I am pretty busy most of the time (work 60 -75 hours a week most weeks) and do a lot of CRH is short spurts. Just did a spurt of Cents (pennies for most of us). I don't normally track per box averages or anything like that, since I do so many boxes per month or year, but for this batch I decided to keep some individual records. Here's what I found:

655 wheat cents (Average of 9.36 per box. Best box had 15. Lowest was 3.)

34,000 copper cents (Average 485 +/- per box. I don't have an exact number on the copper, as I fill $25 cent boxes and know where the line is for "About 2,000" per box. I'm normally within 50 of that number either direction when I do a spot check to verify. I just keep filling boxes and putting them in the garage. I added 17 boxes to the pile with this batch. I now have ... well a LOT of them. LOL. About a ton and a half of copper cents in the garae right now)

That 485 per box is about 19.43% copper. Which is HIGHER than my average over the last few years. In fact, both are higher. I don't know if I hit a small vein or what, because I've been averagaing 16% - 18% on copper for a few YEARS and aout 6 - 7 wheats per box.

I don't have dates on the wheats yet, as they are in the box with prior wheats that are not sorted yet. I just sorted a large amount, but still have maybe 1,600 to sort and date yet. I'll do that in November, and post my wheat year by year totals again with the update when I am done.

19.43% copper and 9.36 wheats per box. A good batch. :-)
 
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nice work! I don't hand sort for wheats, I just catch what I can with the "eyedale" as my Ryedale is running. I get about 20% copper also 20.7% was my highest ever but I stopped keeping track after it was pretty consistent.

I just hate slicing all rolls open, I'd rather be slicing half rolls....the ultimate would be a source of loose pennies, which has thus far eluded me!
 
my bank has bags of pennies... $500 bags.
 
I have to wonder what good error coins are hidden in all that copper. 69-S DD, 72DD, etc. .
 
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Thats quite a bit of effort for 655 wheat pennys.

It would be, IF it were for ONLY the wheats. I also get the coppers, which I have sold tens of thousands over time for 1.5 - 1.6 cents per penny. It definitely comes out to more profit per hour net than when I did halves (here. Not most places)
 
I have to wonder what good error coins are hidden in all that copper. 69-S DD, 72DD, etc. .

Yeah, me too. But I admit. I've seen error coins, and even LOOKING at them , "I" can't see it. I don't see those DDs that I'm being told are there. Maybe in the pictures posted I can see them, as they are blown up, but in real size, my eyes just don't see them. Started at about age 50, and now I wear glasses most of the time. :-( Getting old sucks. But I still say it beats the alternative.
 
Yeah, gettin' old ain't fer sissies, but as you say, it's better than not gettin' old. :cat:
 
50,000 cents would weigh 276 pounds.

How do the tellers move those bags.

Do the math again. I get over 300 pounds for that many pennies. No?
 
Do the math again. I get over 300 pounds for that many pennies. No?


$500 = 50,000 cents.
1 cent = 2.5 grams.
50,000 * 2.5 = 125,000 grams.
125,000/453.59237 (# of grams in pound) = 275.578 pounds.
Rounded to the nearest pound that is 276 pounds.

I understand that it is probably a typo as FED bags contain $50 in cents.
 
$500 = 50,000 cents.
1 cent = 2.5 grams.
50,000 * 2.5 = 125,000 grams.
125,000/453.59237 (# of grams in pound) = 275.578 pounds.
Rounded to the nearest pound that is 276 pounds.

I understand that it is probably a typo as FED bags contain $50 in cents.

Keep in mind there will probably be some copper cents too, which are 3.14 grams each.
 
Be realistic...a financial is not going to stuff a bag to nearly 300 lbs worth of coin...$200 in cents ($50 per bag x 4 bags) is hard enough to move...
 

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