New to Penny hoarding/My Results

[Finder]

Hi,

Here are my results after the 1st week.(Fort Worth, Texas)

Ive searched 25 0r 30 rolls, finding an average of about 13 copper cents per roll.
(as low as 7 per roll, high as 23)
Included were 2 clad dimes and 4 wheats to 1945 D. 2 Canadians.

Coinstar just got to me for 9.8% on 1400 Zincs. ($1.30ish)
(I really dont want to roll them back up, or deal with tellers who dont want to deal with them)

Meahwhile Im stripping copper wire and have 14 lbs stripped (thats $44 here at #2 for $3.18), with another 40 lbs yet to strip.

Ive got a box of pennies ordered at the Credit Union thats coming in Tuesday.

Ive ordered a cheap sorter on Ebay that I expect to arrive soon.
I also have a digital scale from Ebay coming in ($8), that way I can weigh certain copper wires that are stripped to see if its worth the trouble to strip it.

I will turn my wire into pennies which will be my working capitol.

Im still deciding if i want to or can absorb the coinstar zinc fees.


Anyone else care to share their recent results, or offer an tips for a noob?

thanks and good luck, hoping Copper can hold $4.
PS: I found a silver dime in the work break room change. ($2 melt)

[misteroman]

welcome finder! You sure the coinstar fee was 9.8 and not 8.9%? That would be a pretty sneaky amount to raise it though as most might not notice it.
Good eyes on the dime too.

[TheJonasCollegeFund]

You need to find a bank or credit union with a free coin machine for members. Coinstar will really cut into your bottom line.

[fasteddy]

You sure the coinstar fee was 9.8

, yep hit it the other night for my $10 Lowes cert for $40..x 3 IT WAS 9.8% Yuck...I have three G's worth of halves and pennies sitting in buckets looking for a fee free dump home.

[Finder]

Thanks guys, ill be looking for a bank with free coin sorting.

Coinstar really hurting my profits.

Yes, I do think it was 9.8% fee.

Used to be 9 here if i remember correctly.

[Gipper1985]

Hi,

Anyone else care to share their recent results, or offer an tips for a noob?

thanks and good luck, hoping Copper can hold $4.
PS: I found a silver dime in the work break room change. ($2 melt)

I posted to the following tracking thread for the first time just a couple of days ago:

viewtopic.php?f=10&t=90

On the coinstar machine do you have the option for gift certificates? I normally avoid the late fee by getting a Lowe's gift certificate for no fee. The Lowe's cashier thought it was strange at first, but they seem to be getting used to it.

[Finder]

Yes, it had the option for gift certificates, but Im not in the market for a gift certificate right now.

Perhaps if it was something I was going to buy anyway, like groceries at Walmart then that would benefit me.

I didnt notice if Walmart was an option.

[pennypicker]

Coinstars in my neck of the woods (Los Angeles) is 9.8% as well.