When is enough enough?

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When is enough enough?

Postby robroy » Wed Aug 13, 2014 9:21 pm

I have been roll searching for a few years now and have begun to wonder at what point are people saying enough is enough and stop looking for copper.

I am not reselling (yet), and currently am not thinking about stopping searching. But I do wonder at what point would you stop looking for copper. I'm looking for a face dollar amount that people think is enough to store. I currently have over $600 plus a few folders and albums and am beginning to wonder if I have an obsession.
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Re: When is enough enough?

Postby John_doe » Wed Aug 13, 2014 9:39 pm

robroy wrote:I have been roll searching for a few years now and have begun to wonder at what point are people saying enough is enough and stop looking for copper.

I am not reselling (yet), and currently am not thinking about stopping searching. But I do wonder at what point would you stop looking for copper. I'm looking for a face dollar amount that people think is enough to store. I currently have over $600 plus a few folders and albums and am beginning to wonder if I have an obsession.




you are on realcent, I think you have an obsession. :shifty:
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Re: When is enough enough?

Postby NHsorter » Wed Aug 13, 2014 9:39 pm

I don't know how much is enough, but I do know that $600 is not enough. And if I am wrong, and $600 is enough, then I have a big problem :lol: :lol:
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
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Re: When is enough enough?

Postby Rodebaugh » Wed Aug 13, 2014 9:42 pm

robroy wrote:I have been roll searching for a few years now and have begun to wonder at what point are people saying enough is enough and stop looking for copper.

I am not reselling (yet), and currently am not thinking about stopping searching. But I do wonder at what point would you stop looking for copper. I'm looking for a face dollar amount that people think is enough to store. I currently have over $600 plus a few folders and albums and am beginning to wonder if I have an obsession.


When it becomes a chore.
When storage becomes an issue.
When the fish are biting. :shh:
This space for rent. :)
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Re: When is enough enough?

Postby RichardPenny43 » Wed Aug 13, 2014 10:28 pm

At first my goal was one ton. When I reached that I decided to sell because I needed some cash and wanted to keep sorting. Now I sell most of what I sort but maintain a core hoard. I plan on doing this as long as possible because I'm addicted to sorting and my hoard is free!
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Re: When is enough enough?

Postby Morsecode » Wed Aug 13, 2014 11:02 pm

RichardPenny43 wrote:At first my goal was one ton. When I reached that I decided to sell because I needed some cash and wanted to keep sorting. Now I sell most of what I sort but maintain a core hoard. I plan on doing this as long as possible because I'm addicted to sorting and my hoard is free!


This is a pretty good template to go by. If you start to think that $600 is getting close to enough you can always branch out to nickels for a while.
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Re: When is enough enough?

Postby Dave » Thu Aug 14, 2014 5:20 am

I have had the same thoughts recently, so I went to the bank and got $100 of cwr's. I will say that $600 is not enough.
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Re: When is enough enough?

Postby silverflake » Thu Aug 14, 2014 10:20 am

Every time I get a little tired of penny sorting, I take a month or so off. Calm down a little, let my eyes re-adjust. Then the fever just comes back. And I sort and stack.

My tag line is always "keep stacking" but it's more than just a tag line. It is a command. Follow it. Now.

Keep stacking!
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Re: When is enough enough?

Postby blackrabbit » Thu Aug 14, 2014 11:33 am

You have an obsession, but when commodities run up again you will have a wise investment.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered....The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-Thomas Jefferson
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Re: When is enough enough?

Postby Cu Penny Hoarder » Thu Aug 14, 2014 2:18 pm

I stopped last year. Averaging less than 10-15% Cu's per box is not worth my time, effort and gas money.

I still save all the Cu pennies I get in my change.
Time is precious, stop wasting it.
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Re: When is enough enough?

Postby Cent1225 » Thu Aug 14, 2014 9:26 pm

I started sorting to build up a hoard. Then I sold some to pay for the hoard. Then I used that money to build a bigger hoard. Then I sold some more to buy some more to build up a bigger hoard. Now, I sort in the fall, winter and spring to build up the hoard. In the summer when I have to mow and take care of the garden, I take time off. Now that the days are getting a little shorter, I have that itch to start sorting and hoarding again. I imagine if someone offers me the right price, I will again sell some of the hoard so I can build up a bigger hoard. I dont see this vicious cycle ending until the government stops minting pennies and allows me to sell some or all of the hoard at rediculous prices at which time I will probably retire and sell my ryedales.
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Re: When is enough enough?

Postby Zincanator » Fri Aug 15, 2014 12:15 am

When I started my goal was (don't laugh too hard) one $25 box of rolled coppers. Many boxes later, I'm still at it, just not so furiously as before. Like others have said, it's an itch you can never fully scratch once you've been introduced.

I have slowed way down mainly for one reason -- anymore my banks give me attitude (or outright deny my request) when I ask for more than a couple rolls of pennies. It can be quite an undertaking to gather enough rolls to last a casual evening of sorting. I totally envy you guys who walk out with massive bags of pennies no problem. I'd feed my humble handmade sorter for a few hours every night if I were able to find such a source. It therapeutic to me, I really enjoy it. Also for whatever reason I have been getting a lot of rolls of 2014 shields lately, which is a real downer when you crack open that hard-earned sealed box too.
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Re: When is enough enough?

Postby marine70 » Fri Aug 15, 2014 7:45 am

I have been sorting for so long since my retirement. I enjoy looking through the jungle every since I found a 1909 S vdb its like a quest. I also have been finding wheats that are still in the wild. So as long as I can carry the pennies I guess I will continue to search. Happy hunting
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Re: When is enough enough?

Postby NotABigDeal » Fri Aug 15, 2014 8:06 am

My issue is with time. I have none. I have a big enough pile of copper I'll have to deal with when we find a house as it is. I don't need to add to it.

We'll see what the future holds. If we find a house in a smaller town, I might have to at least hit the banks to test out the new waters....

Deal
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Re: When is enough enough?

Postby Gobirds66 » Fri Aug 15, 2014 8:56 am

I guess there are a few indicators that will tell me when enough is enough....
1.) When there is no more copper left to find in the wild. Then what I have will be enough.
2.) When banks will no longer source my pennies at face value, then I will have enough.
3.) When the wife kills me because she can no longer weave her way through the maze of what I call a hoard in the basement. Then I will have enough.
4.) I just peel off the face of the earth due to my obsession. Then I will have had enough.

The reality is that by the time I get to #4, the other 3 will most likely have happened, and I am going with #3 as the most likely scenario to stop my hoarding since i am still finding Wheats over 100 years old and my copper percentages have not really dropped too much over the years.
If they give you lined paper, write the other way....
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Re: When is enough enough?

Postby mtalbot_ca » Fri Aug 15, 2014 12:55 pm

There is a one....that should happen before all the others on your list.....when the government stops minting pennies....
Common sense should prevail if not, misery will.
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Re: When is enough enough?

Postby Diggin4copper » Sat Aug 16, 2014 11:51 am

mtalbot_ca wrote:There is a one....that should happen before all the others on your list.....when the government stops minting pennies....


That will be a busy few weeks around here... :)
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Re: When is enough enough?

Postby Copper Catcher » Sat Aug 16, 2014 6:27 pm

When HighRoller retires I will be able to tell you the exact amount! ;)
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Re: When is enough enough?

Postby John_doe » Sat Aug 16, 2014 8:29 pm

sort now or pay a premium when it is too late. ;)
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Re: When is enough enough?

Postby DaMangRon » Sun Aug 17, 2014 5:16 am

Zincanator wrote: Also for whatever reason I have been getting a lot of rolls of 2014 shields lately, which is a real downer when you crack open that hard-earned sealed box too.



Are those 2014 boxes all that bad? I have 2 of them selling on ebay...Bidding is up to $71 plus I make $4 on the shipping :) that's a $17 profit after the fees if there are no more bids...just for driving from the bank to the PO! Not too bad for 2 bricks of zinc...lol


http://pages.ebay.com/link/?nav=item.vi ... 27&alt=web
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Re: When is enough enough?

Postby Morsecode » Sun Aug 17, 2014 1:50 pm

Wow...it's unusual for the bank boxes to get much of a premium if any so late in the year.

Good luck with the auction :thumbup:
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Re: When is enough enough?

Postby fansubs_ca » Mon Aug 18, 2014 12:39 am

Zincanator wrote:When I started my goal was (don't laugh too hard) one $25 box of rolled coppers.


I had that (in 1981 and previous pennies) I was pulling out of my change by the mid-90s.
I had about $30 in the bag when I moved into my house, they've been sitting in the closet
below my stairs since I moved in. I didn't go to the bank for rolls back then. I did get
rolls in my teenage years (late 80s) but then I was looking for U.S. pennies for the
exchange value difference, not copper.

As for why only 1981 and before? I knew one day copper would go high enough to make
them worth more and the "full weight" ones would hit that level first. Also all Canadian
pennies were copper back then. ^_-

I kinda didn't think much about it until the late 2000s when I started intentionally sorting.
I actually haven't sorted in quite a while but I keep picking up pennies whenever my credit
union gets them in figuring I can sort them later when I get a chance. The last 3 weeks
they got some in each week so it looks like some people are cashing in their penny jars
again. (There were a few months where nobody brought in any.)

I don't have a specific target but I imagine I'll eventually have to stop increasing my
hoard for space/weight reasons and unless the re-sale market develops a bit better
that would mean the end of sorting.
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Re: When is enough enough?

Postby willy13 » Mon Aug 18, 2014 1:13 pm

I am currently at $2500 face copper, hand sorted.

I do not sell, I am hoarding in the event that there is a fiat currency collapse.

I will keeping hoarding until I can't afford to have money tied up in copper. :wave:
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Re: When is enough enough?

Postby John_doe » Mon Aug 18, 2014 9:24 pm

willy13 wrote:I am currently at $2500 face copper, hand sorted.

I do not sell, I am hoarding in the event that there is a fiat currency collapse.

I will keeping hoarding until I can't afford to have money tied up in copper. :wave:




that is a heck of a lot of hand sorting. :thumbup:
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Re: When is enough enough?

Postby willy13 » Tue Aug 19, 2014 10:17 am

John_doe wrote:
willy13 wrote:I am currently at $2500 face copper, hand sorted.

I do not sell, I am hoarding in the event that there is a fiat currency collapse.

I will keeping hoarding until I can't afford to have money tied up in copper. :wave:




that is a heck of a lot of hand sorting. :thumbup:

Thanks! For a good year I sorted like it was my job to get that initial hoard. Now that I have a decent hoard I sort at a more reasonable pace. I find it relaxing, so I probably will always sort no matter how big my hoard is. Well as long as I can get pennies.
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