Cost factor?

cdickrun64 · Feb 20, 2014

Just wondering how my fellow CRH'ers figure mileage and gas expense into their pickup schedules. Myself, i only pick up and dump at banks within a few miles of my home. My jeep only gets 15 mpg, so at $3.60 a gallon, driving 15 miles for 2 silver dimes ( i average 1 per box) is a financial wash. I read about guys driving 40 miles or more..... Can get costly.

Joe777Cool · Feb 20, 2014

If you start looking at it that way, you are better off staying Home and buying silver from Apmex. If you look at it as a hobby and you enjoy the thrill of the hunt then the cost doesnt matter.

cdickrun64 · Feb 20, 2014

@joe cool.....yes, i agree, fun and thrill of hunt us why we crh, but costs certainly are a factor, but to what point. I.e. paying for boxes??

Joe777Cool · Feb 20, 2014

Personally I wouldnt pay for boxes, but there are many who do. Just look on eBay!

Omega · Feb 20, 2014

I drive 30 miles one way to one of my pick ups, and i have anywhere from 3-8+ pick ups a week.

cdickrun64 · Feb 20, 2014

Omega, are your finds worth it? Or is it the thrill of the hunt? (PS...i just pulled a 1903 IH Cent!!) Thrill!!

Omega · Feb 20, 2014

It's all about:

1. Location- I live in a CRH hub lol
2. Volume- you have to pull at least 50 boxes a week for steady finds (here anyways)
3. Relationships- you need to pull a chunk from the pallet, that means 4k+ from one branch

Then it'll be worth.

cdickrun64 · Feb 20, 2014

8 boxes from 1 branch? Wow. I could never do that. Tellers would hate it.

Omega · Feb 20, 2014

Of course, start small at 4 boxes, then go to 6 boxes, then 8, then max out around 10 if you can. Helps when another CRH was getting 9 boxes from there for over 2 years lol.

BuffaloBoy · Feb 20, 2014

cdickrun64 said:
8 boxes from 1 branch? Wow. I could never do that. Tellers would hate it.

I don't even ask for more than 4 boxes. ..

I burn 3-4 gallons of gasoline a week sometimes as much as 10 gallons if I go on a trip.
It's a losing proposition but aren't most hobbies?

Diggin-N-Dumps · Feb 20, 2014

I spend nothing...I only hit banks on my way home from Detecting or work. I have a 35 mile each way commute. So Im around SERVERAL banks in the MetroPlex.
As for dumping. My bank takes the coins in bags, and deposits it back in my acocount within a week.

I can tell you , if they charged me ANYTHING. I wouldnt even bother. I would stick hitting up grocery store banks.

Diggin-N-Dumps · Feb 20, 2014

Omega said:
I drive 30 miles one way to one of my pick ups, and i have anywhere from 3-8+ pick ups a week.

So how is your ratio going? I would hope you arent driving that far JUST to get Coinage...I can walk out of my work at lucnh and find 10+ plus banks within a 5 mile radius. And none of them have a problem giving up a box or 2

Infowarrior · Feb 20, 2014

I drive 45 minutes each way to get halves(7 box pickup)

Sometimes its worth it, others not.

We dont all have 10+ banks within 5 miles who order boxes :/ otherwise I definitely would not drive that far. Its more like 2 banks in a 15 mile radius who will order boxes, atleast for me.

BuffaloBoy · Feb 20, 2014

Infowarrior said:
I drive 45 minutes each way to get halves(7 box pickup)

Sometimes its worth it, others not.

We dont all have 10+ banks within 5 miles who order boxes :/ otherwise I definitely would not drive that far. Its more like 2 banks in a 15 mile radius who will order boxes, atleast for me.

I agree. I drive 45 miles round trip once a month to pick up a large order. It's worth it in the long run i suppose... but it also takes me 1.5-2 hours to do so.

Diggin-N-Dumps · Feb 20, 2014

Infowarrior said:
I drive 45 minutes each way to get halves(7 box pickup)

Sometimes its worth it, others not.

We dont all have 10+ banks within 5 miles who order boxes :/ otherwise I definitely would not drive that far. Its more like 2 banks in a 15 mile radius who will order boxes, atleast for me.

I wasnt tryign to be cocky or anything. I know in some rural areas, that isnt a possibility. I just saw he was in San Diego, which i would think had tons of banks around the area.

Infowarrior · Feb 20, 2014

Right on... Yea no biggie Diggin!

Trust me, sometimes I wish the banks close to me would order, but they just refuse, so I keep driving farther and farther until banks will order :P

HH

Omega · Feb 20, 2014

Diggin-N-Dumps said:
So how is your ratio going? I would hope you arent driving that far JUST to get Coinage...I can walk out of my work at lucnh and find 10+ plus banks within a 5 mile radius. And none of them have a problem giving up a box or 2

Yup, just to get coinage.

Omega · Feb 20, 2014

Diggin-N-Dumps said:
I wasnt tryign to be cocky or anything. I know in some rural areas, that isnt a possibility. I just saw he was in San Diego, which i would think had tons of banks around the area.

Info, your in SD....?