mrhaz said:
I can understand those who only search for Wheats and hord the copper, but there are some VERY valuable cents out there that only take a second or two to indentify once in hand.
I can agree that it only takes a second or two once the coin you want to search for a variety is in hand. It's doing the date search to retrieve all the ones I want to examine for varieties that takes a lot of the extra time.
When I hand sort a $50 bag of pennies for the wheats, IHC, foreign, etc., it takes about 25-30 minutes (approx. 3 pennies/second). To accomplish that rate, I don't turn over memorial cents to check the dates, but if the date side is up I will pick up the 1992-D to look for the close AM (most of the time) or a few other dates to look for their specific varieties.
When I used to date sort all of pennies and pick out the ones I wanted to do a variety search and then perform the variety search itself, if I remember correctly, a $50 bag of pennies would take between 90 and 120 minutes.
Assuming the variety search takes an extra hour for me, other uses of that hour might be
1) Variety search a $50 bag of pennies, hoping for an error
2) Search through $1000 in dimes and on average net 6 silver dimes (worth approx $15)
3) Search through $100 more in pennies picking out on average 32 wheats
4) Any of a number of other activities (kids/work/working out/watching tv/veg'ing on the couch)
For the couple years I did variety search pennies, I only found a couple of pennies that I would consider "valuable".
It all depends on what you enjoy and how much you value your time. I just find I don't get as much the enjoyment out of the extra time spent variety hunting as I do out of other activities. Like you said, each to their own.