your copper %?

[blkcwbyhat]

After getting my ryedale setup,I see that there isn't a lot of pre 82 out there! Now,I don't go thru boxes and boxes non stop,but I'm lucky if I get 20% copper.What is your average?

 

[gotgot]

depends on bank and location
2010 range was 22.4 through a 68+% bag (oh man was that sweet)
tighter range/bringing in the 08-10 numbers, you are looking at 26-28% around here (Northeast US)

 

[mr_larry]

Typically I average between 20-25% but have been as high as 30% on some good ones..
My last box was 27.8% but the two boxes before that averaged exactly 20%.
My best box came in at 36% and had 102 wheats or something and tons of very shiny coins from the 60s and 70s.
I think sometimes you get lucky and someone dumps their 20 year old coin collection in the Coinstar and the pennies stay together when they get re-rolled.

 

[blkcwbyhat]

I use the coinstar as my penny dump! Get the lowes gift card and they won't charge the fee...at least to you!

 

[Gaijun1]

I Just Went Back Over My $25 Box And Got At Least 2 Or 3 Hits Of Copper In Say 5 To 7 Coins
Most Were 60's And 70's And About 9 Wheats Not Bad Concidering I Had To Pay a $ 5 Dollor Extra Charge For a $25 Box
Wonder What Fridays Box Will Bring

 

[blkcwbyhat]

a 5 dollar charge on 25?? I always ask at the grocery store or convience store,almost always get 5 bucks for face

 

[mts]

a 5 dollar charge on 25?? I always ask at the grocery store or convience store,almost always get 5 bucks for face

Yeah, $5 for a box of cents is pretty steep. That defeats the whole purpose for most of us. My bank currently has no problem with selling me boxes as long as I have an account. When that changes I'll hang up this hobby.

 

[Gaijun1]

I Have An Account With The Bank That Charged Me
Wife And I Called Some Banks Today
They Said Call Back Tomarrow And They Would Let Me Know If There Is a Charge
Now Call Me Dumb But Dont That Seem Strange For Them Not Knowing That
I Said Id Open An Account If Nessacery
So Well See Tomarrow

 

[ancesthntr]

I average about 14%, but that doesn't include the '82s (which I separate out). I also get somewhere between 5 and 10 wheats per boxes, though I got 20 out of a box a few weeks ago. I once got a bunch of rolls (loose), of which 4 were solid 1979-d cents in uncirculated condition. I have been through roughly 100,000 pennies, all by hand, and my oldest find is a 1910, with several in the teens and twenties (though most are 1950s). I once got a gem-BU 1958 penny - almost went by it because it looked so new, but I happened to flip it over and saw those beautiful stalks of wheat, so it got put into its own holder.

1 in 7 isn't really that bad, there have been 29 years of copper-plated zinc production, and they have been the highest mintage years, so that's a decent percentage. It'll only deteriorate from here, esp. if the gov't stops making pennies altogether - then they'll all disappear in a couple of years.

 

[SpareTime]

I'm feeling really lucky. I have sorted two bags of pennies so far... 41.83% average.

I am really looking into the automatic sorter. I think I need to earn upto the ryedel...

Coinsorter ($30) it is....

 

[dpy52081]

I avg about 25% copper with about 20 wheats and 15 Canadian per box. I did the math today and realized that if I can sell $50 worth of Cu pennies for 80-100 (which is possible) and reinvest the $$ I can hit 1k/wk profit in a few months.

I just listed my first 5,000 Cu pennies today on feebay, so if I hit the profit margin I want I will be ordering my ryedale so I can sell Cu on a larger scale. We all know the melt ban wont be lifted anytime soon, but if people want to pay 2x face for Cu pennies and I can turn a healthy profit why the hell not?

 

[CardsNCoins]

I avg about 25% copper with about 20 wheats and 15 Canadian per box. I did the math today and realized that if I can sell $50 worth of Cu pennies for 80-100 (which is possible) and reinvest the $$ I can hit 1k/wk profit in a few months.

I just listed my first 5,000 Cu pennies today on feebay, so if I hit the profit margin I want I will be ordering my ryedale so I can sell Cu on a larger scale. We all know the melt ban wont be lifted anytime soon, but if people want to pay 2x face for Cu pennies and I can turn a healthy profit why the hell not?

At 25% copper per box (625 copper cents per box) it would take you 8 boxes to to get $50 face (5,000 copper cents) to sell. Let's go for the gusto and say that you get $100 (although $80 is more likely) on eBay for that $50 face of copper, that would be a $37 profit after eBay and paypal fees ($100 sale price - $50 outlay for cents - $13 eBay and paypal fees) from 8 boxes sorted.

So to make $1,000 a week profit, you would have to sort about 216 boxes ($5,400) of cents per week.

 

[Bigheed]

got my Ryedale about a month ago

Through 825 face i have gotten about 22% copper +/- a little.

Got 500 face last night and 500 more after work today, gonna try to run $1000 face of pennies tonight. Got a buddy in town so he's helping me unwrap.....thats the worst part I need to find bags lol...or find an electric cement mixer drum to just throw the rolls in and break them up from the agitation....sounds crazy but im pretty sure it would work!

As for the wheat pennies I dont eagle eye it but I find them by (I think i've found 4-500 of them so far without much effort)
1) watching as i break rolls
2) watching the copper bin when ryedaling
3) hand rake the bin when breaking rolls and ryedaling then glance around u always find more.

Its just not worth the time to hand sort them all. I'm going for volume hoard / sell some on feebay.

If there was a way to re-run the copper and cull the wheats I would do that. But I re-ran my zincs for the "advanced sort" and got maybe 5 wheats out of 300 face zinc....not worth 90 minutes lol! even if it was the elusive 1909 s-vdb , I just cant justify the time sink.

If anyone knows a way to re-run the copper with the right sensitivity settings let me know please !

HH,
Bigheed

 

[tand324]

I don't have a counter but of the boxes I have gotten it is just under 30% copper

 

[jrf30]

So to make $1,000 a week profit, you would have to sort about 216 boxes ($5,400) of cents per week.

On the copper, yes. But doing those boxes also gives you wheats and the rare indian head (1 so far this year). 216 boxes is about 1.7 IHs for me, and at 8 wheats per box that is 1,728 wheats. Since most wheats are sellable at 3 cents, but some are MUCH more, let's say that the average is 5 cents per wheat. (assuming no great ones to skew the average) That's an additional $86.40. The IH is .85 each, so your total per week would be $1,000 + $86.40 + $1.45 = $1,087.85.

Not saying that is much different, but it is a little more. Almost 9% more. PLus you would not sell on ebay for ALL your sells, as once you sell to a bunch of people there they buy AGAIN, and do so off site without the fees. that too increases your net. I've gathered a decent list of people who buy now away from ebay, and when I want to sell I email the list asking wo is buying. One or two always seem to respond and I sell to them that round. CL is free, and I use that at times too. Then there is always the potential to find a significantly more expensive wheat or two. I don't say error pennies, because doing that volume would not leave time to search dates for errors.

I think your math is accurate. Just incomplete. there are too many other things you get while searching the pennies that add to the equation. Add those and it goes up to probably well over $1,200 per unit of 216 boxes (I don't say week because that is too many to do in a week ocnsistently. Obviously) And if someone searched only 1/3 of that amount (which is 72 boxes per week. Doable if someone wanted to do it full time), that is $400 per week, which is $20,000 per year with a two week vacation in there somewhere. :-) WIthout self employment tax and other deductions that a regular job has. One would have to make about $25,000 to keep the same amount as that. Now you're talking reasonable searching (Although a quick burn out period) for a decent amount of profit.

Agreed?

 

[LetsGoCanes72]

I just did my first box last week and got about 21%. I only found 3 wheats and 1 Canadian, but I think the copper % is pretty decent.

 

[klava]

I'm in the Appy mountains. I run 26% with 13 wheats, 2 canadian, 15 other keepers per box. cwr's generally yield higher copper and way less wheats here.

 

[plus1hdcp]

19% here - never can find those 25%+ boxes. I will try to pick up some next time I visit my brother who lives closer to the east coast. Maybe that will help.

 

[Bigheed]

ya i've never seen better than 23% personally