Ratio of different years in CDN Pennies

[TwoPenniesEarned]

I've not sub-sorted my buckets of pennies, and am wondering what approximate ratio I should expect of the years broken down on http://www.coinflation.com/canada.

Anyone broken down their findings yet? What percentages do you get in each year? I'm wondering how many pre-80 pennies I've got...they're worth so much more!

Anyone know whether it's worth the time to break them out?

[pennypicker]

Deleted reply--I missed the CDN in original post.

[pennypicker]

Ditto...

[TwoPenniesEarned]

In Canada we have this issue with our various mint dates dramatically impacting the value of the coins. I'm not sure exactly what is the best way to separate them and don't want to begin sub-sorting until I know I can at least fill one box with the least plentiful coin type. Any CDN penny hunters that sub-sort regularly and have a decent guestimate what percentages of coppers fall into these categories?

1942 - 1977 Cent - Melt Value - $0.0281354
1978 - 1979 Cent - Melt Value - $0.0280459
1980 - 1981 Cent - Melt Value - $0.0242371
1982 - 1996 Cent - Melt Value - $0.0216402

[Cerulean]

Let's go just by the mintages here:

1942-1977: 7,898,416,832
1978-1979: 1,665,113,600
1980-1981: 2,121,268,500
1982-1996: 16,477,457,394
1997-1999: 2,639,071,000
everything else (1920-1941, 2000-2009): 8,687,575,388

Of those groups, the '78-'79 range is the scarcest. Obviously, age and attrition factor into the availability of each group, but I'm going to ignore that for the moment.

For every '79-'79 you find, you will find 4.74 from 1942-1977, 1.27 from 1980-1981, 9.90 from 1982-1996, 1.58 from 1997-1999, and 5.22 from everything else.

In terms of percentages, 20% are from 1942-1977, 4% are from 1978-1979, 5% are from 1980-1981, 42% are from 1982-1996, 7% are from 1997-1999, and 22% are from everything else.

However, for a large number of reasons, your mileage may vary.

[misteroman]

LOL that should've answered any ? anyone had about mintages! great work

[frugalcanuck]

I dont think you will have any problem sorting your coppers and filling a box of 82 - 96. You can use the rydale to help speed up your sub-group sorting. I use an early 90's in the comparator and play with the sensitivity untill you get it working. It's success rate for this is probibly around 90%. I think it has more to do with the coins then the comparator.

Im getting 60% - 75% 82 - 96. That is a guesstimation by looking at the piles

[didou]

Let's go just by the mintages here:

1942-1977: 7,898,416,832
1978-1979: 1,665,113,600
1980-1981: 2,121,268,500
1982-1996: 16,477,457,394
1997-1999: 2,639,071,000
everything else (1920-1941, 2000-2009): 8,687,575,388

Of those groups, the '78-'79 range is the scarcest. Obviously, age and attrition factor into the availability of each group, but I'm going to ignore that for the moment.

For every '79-'79 you find, you will find 4.74 from 1942-1977, 1.27 from 1980-1981, 9.90 from 1982-1996, 1.58 from 1997-1999, and 5.22 from everything else.

In terms of percentages, 20% are from 1942-1977, 4% are from 1978-1979, 5% are from 1980-1981, 42% are from 1982-1996, 7% are from 1997-1999, and 22% are from everything else.

However, for a large number of reasons, your mileage may vary.

Nice but 1997-1999 are in Zinc, not copper. I don't thing anyone keep them, at least i know i don't.

I do keep 1941 and older, but they are rare enough, they won't break up the stats. I meant mine from sorting, not yours from the mintage.

My actual get is exactly 43% copper on average. I reject 57% steel/zinc.

frugalcanuck did you actually sort them based years and go dump back to the bank 1980-2010 coppers/zinc/steel ? I'm really interest to see if that's something that can be done in reality.

The first pass you sort you can get from $0.01 to a minimum of $0.022 each coins, more on others 1981 and older. Net profit of at min $0.012 for each coins, probably on average $0.015-16 for each pieces. Is it really worth it to sort twice (twice the job and more coins to bring back to the bank) to get at max $0.006 per coins if they are older than 1978, lower if they are 1982 and newer coins on the second pass ? (all counted on a perfect sorting, number get worst if you can't perfect sort them with a 60-75% results instead of 100%)

And in the end what's really count it's shipping cost (based on weight, not face value) and melt value also based on weight, not face value.So even if it has cost you a little more face value for the same weight, it may not worth the time to double sort them and having lot more to dump at bank.

[frugalcanuck]

I dont bring any CU or Ni back to the bank. What I did was sort the Cu's from the others I call cud. So I had a pile of Cu coins with different weight and composition because the American Cu was in there as well. My car broke down so I bought a new one and I was low on cas for a while. I like having the security of cash on hand so I decided to build the cash pile up a bit before I sorted any more. I figured this was a good time to see just what the rydale could do. I was able to get the '82 - '96 seperated pretty well... Near 90%... On the higher side of 90%. So going through the rest was easy. All I had to do was rim check and take out any round ones. So now I have a much smaller pile of Cu from '81 and before with some American Cu in there. I havent tried running those through yet to see what I could sort out of those.. Im sure I can sort the American out. I figure if I decide to sell I would like to sell the '82 - '96 and American and keep the better ones for longer.

What I am doing may not be efficient but Im not being paid by the hour for this and Im enjoying finding the wheats and kings that are in the Cu hoard. I will be sorting new boxes very soon but on a smaller scale for a little while untill I can bring security money back up.