CognitiveDissident
Jr. Member
- Sep 29, 2015
- 30
- 1
- Primary Interest:
- All Treasure Hunting
This post will double as my introduction. Hello. I'm a copper penny hoarder. I have enough experiance to be able to potentially give something back to the community but not enough so as to be unable to benefit from the wisdom and advice of others 
I built my own contraption years ago out of an old end table, a couple of socks, a red bull, a comparator, and a coin hopper out of a slot machine. It worked OKish. I was clearing jams constantly but it never the less was multiple times faster than hand sorting. I got out of the game for a while but now I'm back with a vengence with my new ryedale apprentice that I found almost new on craigslist. So now I am once again faced with the difficult task of offloading massive quantities of zinkers.
I have some ideas of my own but I have gradually found out over the years that not all of the best ideas come out of my head exclusively. Here are my ideas:
With amazon prime these days you can even get day to day items like laundry soap delivered to your door. I bought an amazon prime subscription so that I can use amazon for as many of the things that I need as possible. And I can turn zinkers into amzon credit at the coin star for 0 fee. So that takes care of a pretty good chunk but its still a significant bottle neck in my operation.
As for the rest, I need my pennies to go out into the hands of consumers rather than right back into the banking system where I will inevitably encounter them again. So I'm thinking I will do my pickups from banks and drop offs at grocery stores. So I need a good system of rolling that looks totally professional. Its going to be hard to get them to put up with my shenanigans as it is, there is no way in heck they will do it for long if im handing them sloppy hand rolled rolls. I need a good system of producing very professionally packaged packages.
I've been searching around these forums for a bit and I've seen people who talk about buying a rolling machine get laughed out of town. So my thinking is that i can pick up an old coin counter off of craigslist that will drop the pennies into shotgun roles. But I don't want to buy shotgun roles, that will kill my profit. I think I can fabricate my own shotgun roles using a 0.75 inch diameter "Cold Drawn Carbon Round", some coin wrapping paper, and a "Klopp Electric Coin Tube Crimper" or a "twist-n-crimp". Other than that im just going to save all my boxes and get some of that nice brown paper type tape they use and wrap everything back up so nicely they cant even tell it didn't come directly from a bank.
Well I suppose that's about long enough for one post. Looking forward to thoughts on my ideas as well as some of your own. Or if you want to sell me an automatic wrapper for 1000 dollars, that'll be good too
I built my own contraption years ago out of an old end table, a couple of socks, a red bull, a comparator, and a coin hopper out of a slot machine. It worked OKish. I was clearing jams constantly but it never the less was multiple times faster than hand sorting. I got out of the game for a while but now I'm back with a vengence with my new ryedale apprentice that I found almost new on craigslist. So now I am once again faced with the difficult task of offloading massive quantities of zinkers.
I have some ideas of my own but I have gradually found out over the years that not all of the best ideas come out of my head exclusively. Here are my ideas:
With amazon prime these days you can even get day to day items like laundry soap delivered to your door. I bought an amazon prime subscription so that I can use amazon for as many of the things that I need as possible. And I can turn zinkers into amzon credit at the coin star for 0 fee. So that takes care of a pretty good chunk but its still a significant bottle neck in my operation.
As for the rest, I need my pennies to go out into the hands of consumers rather than right back into the banking system where I will inevitably encounter them again. So I'm thinking I will do my pickups from banks and drop offs at grocery stores. So I need a good system of rolling that looks totally professional. Its going to be hard to get them to put up with my shenanigans as it is, there is no way in heck they will do it for long if im handing them sloppy hand rolled rolls. I need a good system of producing very professionally packaged packages.
I've been searching around these forums for a bit and I've seen people who talk about buying a rolling machine get laughed out of town. So my thinking is that i can pick up an old coin counter off of craigslist that will drop the pennies into shotgun roles. But I don't want to buy shotgun roles, that will kill my profit. I think I can fabricate my own shotgun roles using a 0.75 inch diameter "Cold Drawn Carbon Round", some coin wrapping paper, and a "Klopp Electric Coin Tube Crimper" or a "twist-n-crimp". Other than that im just going to save all my boxes and get some of that nice brown paper type tape they use and wrap everything back up so nicely they cant even tell it didn't come directly from a bank.
Well I suppose that's about long enough for one post. Looking forward to thoughts on my ideas as well as some of your own. Or if you want to sell me an automatic wrapper for 1000 dollars, that'll be good too
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Turns out gyft already sells amazon credit for bitcoins for 3% less than face. To compete with a legit company like that I have to go quite a bit lower than that. At that point I may as well just get a cash voucher at the coinstar.
