sax player
Full Member
- Joined
- Apr 4, 2012
- Messages
- 148
- Reaction score
- 24
- Golden Thread
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- Primary Interest:
- All Treasure Hunting
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Well saidDoesn't really scare me. I have several relatives who have literally witnessed me pulling 90% silver out of rolls. Not a single one, however has shown interest in doing it themselves. People who CRH thousands of dollars a week are weird, myself included. The vast majority of people might be amused by the idea, but lets face the facts, the hassle of searching and dumping, especially without a bag deposit system gets quite time consuming. It's not for the casual coin person. It's been said time and time again, it is a hobby not a get rich quick scheme. In my area, unless I get a decent box (which is rare) a part time job is actually more profitable. I willing only a very small handful of people that watch that video will actually start ordering $$$$ of boxes every week.
It's not at all a good thing for us that this video is out there, because more competition is always worse, but this is not as gloomy as some might make it out to be.
You folks that have been doing this for 6 years are lucky. It's only a matter of time now before its all over. It's about to go mainstream and believe me there enough people out there unemployed or underemployed that still have capital to supplement their income CRH. I give it 12 months before it over.
I wish I could find it (maybe it got deleted), but there was a thread here last year about some guy wanting to a TV special of all things about CRH.
Of course it didn't work out. The average person isn't going to care at all, unless you can somehow convince them they'll get rich off it (storage lockers, anyone?)
This. Not sure about the 12 month prediction, but with so many people unemployed or underemployed, many will jump at anything that has potential gain and no risk.

I tend to agree with most of the other members in that I don't think it will make much of a difference in the amount of new crhs this video will bring in. It takes a lot of time & effort not to mention the gas that goes into picking up, going thru the coins & than dumping the unwanted ones. He also is just rim searching which means he will most likely miss dirty rims along with any error coins. He did mention that in his video. He also didn't mention about the accuratacy problems with the coin counting machines when it comes to these machines counting dimes. My friend, Treeslayer, had a loss of over $300 last year when a machine miscounted his dimes. He had to eat that loss. The bottom line is that it takes a lot of time & effort to do this hobby. Not many people have the time or resources to do this. I don't think there were many new crhs when the news stories were talking about this when silver was over $45 a ounce last year. I wouldn't worry about new competition.