wolvesdad wrote:Is Cost NEGATIVE.
I've begun to think that anyone selling less than tons for less than 1.5 x face is working for free.
Especially anyone handsorting, to sell at less than 2X is like working for .25 cents an hour. yes, it can be relaxing, but once you spend gas both ways. Waiting in bank lines. paying for soap to wash off all the grime. It can't at all be worth it.
And a problem I've run into is MOVING. It really isn't worth taking them with you, but selling them off uses lots of time and energy, gas, shipping fees. And if you take them with you, you spend more in gas, backache=chiropracter, etc.
(1more)
There is one amazing, simple and practical way to get around the ".25 cents an hour" part. I did this for years. Get a very, very boring job, where you are mostly by yourself all day. could be a store manager of a business that never sells anything, or some telemarketing jobs, or a work from home gig, or a night job, whatever it is.......sort cents as much as you can during that time. I won't mention the employer of my past, but I spent 3 years straight of sorting from 9am-6pm, 5 days a week, and the boss only stopped by 1 hour a week. maybe 3 or 4 customers the whole day, most people quit that place due to boredom. My boss always said I was too happy all the time. I think he thought I was getting high on the job, but actually I was excited that I was making $10.00/hr., from him, and pulling in $12.00/hr in copper.
And the other less amazing thing is just a life lesson learned at a young age. Do not store pennies inside any type of large water bottle glass, or plastic, do not store into anything that cannot be easily MOVED. I moved from an apartment after 5 years of residence, all my hoard was in 3 or 5 gallon water bottles, about 30 in total. some in my storage area in the basement, some in my apartment on the 2nd floor. Long story short, they wouldn't budge. I tried rolling one down the stairs of the complex, it bounced twice, then went through the wall, big hole, spilled about 5 pennies. I eventually had to cut open every bottle (all mine were plastic), and bought about 200 canvas bags from the local coin shop, and carried the entire hoard out, up or down stairs, 3-4 bags at a time, by myself, in the heat, all day. I had to rent a moving truck because the weight was too heavy for my car. I moved my whole aprtment out (not including my cents) in one day, maybe 8 hours. My wife said "I will stay here at the new house, you can go get the pennies" she hates my cents (but understands the value). My cent hoard took at least 11 hours, and that was just the bags. I actually moved 5, 5 gallon jugs the day before with the other stuff,
I think I busted my back for life that day. To this day I have back issues, it has only been 2 years now, but I am very careful not to store improperly.