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First CHU done

PostPosted: Thu Nov 24, 2011 9:33 am
by 68Camaro
Loaded up the latest bags into storage, did a recount, and realized I had skipped some bags in the previous inventory when they were in different places (now all in one place).

So somewhere along the line, within the past several months, I passed a major milestone.

I now have well more than 1.0 CHU (Copper Hoard Unit). >1 US ton. (Actually more than 1 metric tonne also.)

This is in large part due to RC purchases from several people over the months (thanks Beauanderos, NDFarmer, Economist, CUBaker, Spikeanator6982, JJM, Copper Member) - I think no more than half of this is from my own sorting.

I started this about a year ago, with casual hand sorting, found this site, lurked for a month, then joined up. It accelerated from hand-sorting into trying to mechanize, finally acquiring a Ryedale, and realizing that mixing some forum purchasing at time with sorting made some "cents".

Thanks all!

68

Re: First CHU done

PostPosted: Thu Nov 24, 2011 10:17 am
by fasteddy
Great for you. Do you do any other sorting of the cents ..ie removing the wheats or AU's? I sould do the same organize and consolidate.

Keep it up and it does make "cents", "real cents".

Re: First CHU done

PostPosted: Thu Nov 24, 2011 10:30 am
by misteroman
Nice job Rich.
Are you still buying now trat you have a rye or just sorting now exclusively?
If you didn't get my pm, your package was shipped yesterday as well.
D

Re: First CHU done

PostPosted: Thu Nov 24, 2011 10:36 am
by Rodebaugh
Rich, Welcome to the CHU club. Couldn't have a better guy join the ranks.

Conga-Rats!

Re: First CHU done

PostPosted: Thu Nov 24, 2011 10:37 am
by 68Camaro
fasteddy wrote:Great for you. Do you do any other sorting of the cents ..ie removing the wheats or AU's? I sould do the same organize and consolidate.

Keep it up and it does make "cents", "real cents".


Nothing formal, usually. Sometimes if I have time (not enough of that) I'll do a formal sort for wheats/AU/CDN, but not often. I do watch for them and pull them (as well as ugly Abes) in the middle of sorting/counting/bagging when they fly by, so I do have piles of wheats, canadians. But many escape me, I'm sure. The uglies I used to try to clean, not any more - too much trouble - after I realized the verdigris is contagious - and I don't like them mixing with the cleaner coins - I now just put them back in the dumps. I look harder for the uglies than the others now, in order to keep them out.

Re: First CHU done

PostPosted: Thu Nov 24, 2011 10:48 am
by 68Camaro
Rodebaugh wrote:Rich, Welcome to the CHU club. Couldn't have a better guy join the ranks.

Conga-Rats!


Thanks Doc

Re: First CHU done

PostPosted: Thu Nov 24, 2011 10:49 am
by 68Camaro
misteroman wrote:Nice job Rich.
Are you still buying now trat you have a rye or just sorting now exclusively?
If you didn't get my pm, your package was shipped yesterday as well.
D


Thanks misteroman - got your PM and just replied.

Re: First CHU done

PostPosted: Thu Nov 24, 2011 2:43 pm
by HoardCopperByTheTon
Welcome to the 1 Ton Club Rich! You know 1 ton generally leads to another. I noticed CU from the Hoard was conspicuously absent from that first CHU. :mrgreen:

Re: First CHU done

PostPosted: Thu Nov 24, 2011 3:40 pm
by henrysmedford
How many 5 gallon buckets full would a CHU be?

Re: First CHU done

PostPosted: Thu Nov 24, 2011 3:46 pm
by HoardCopperByTheTon
henrysmedford wrote:How many 5 gallon buckets full would a CHU be?

about 11 or 12 :mrgreen:

Re: First CHU done

PostPosted: Thu Nov 24, 2011 5:04 pm
by 68Camaro
HoardCopperByTheTon wrote:Welcome to the 1 Ton Club Rich! You know 1 ton generally leads to another. I noticed CU from the Hoard was conspicuously absent from that first CHU. :mrgreen:


Well, I do tend to be a bottom feeder... No disrepect to anyone at all!

Re: First CHU done

PostPosted: Thu Nov 24, 2011 6:53 pm
by henrysmedford
HoardCopperByTheTon wrote:
henrysmedford wrote:How many 5 gallon buckets full would a CHU be?

about 11 or 12 :mrgreen:


Thanks 68Camaro for your post it made me think were we are. If HoardCopperByTheTon is right we are about there just counted 11.75 5 gallon buckets. :mrgreen:

Re: First CHU done

PostPosted: Thu Nov 24, 2011 7:12 pm
by NHsorter
Congrats on the milestone!

Re: First CHU done

PostPosted: Fri Nov 25, 2011 3:56 am
by exbingoaddict
Congrats on the hoard. Now that is a milestone! :)

Not to get all technical. :geek: But is that a ton based on total weight or based on copper weight? Considering that cents are 95% CU.

As a follow up question, what is the face value of a ton? :ugeek:

Re: First CHU done

PostPosted: Fri Nov 25, 2011 6:29 am
by 68Camaro
exbingoaddict wrote:Congrats on the hoard. Now that is a milestone! :)

Not to get all technical. :geek: But is that a ton based on total weight or based on copper weight? Considering that cents are 95% CU.

As a follow up question, what is the face value of a ton? :ugeek:


Well, I've passed a ton by any measure, whether lightest measure of US ton in the alloy or heaviest measure of metric ton in CU content only.

Face value... the calc for a US ton of alloyed cents would be as follows, assuming minimum wear, not including any packaging:

2000 lbs x 453.6 g/lb / 3.11 g/cent = 291704 cents = $2917.04

That's fifty-eight $50 bags, and some change.

Re: First CHU done

PostPosted: Fri Nov 25, 2011 12:23 pm
by exbingoaddict
68Camaro wrote:Well, I've passed a ton by any measure, whether lightest measure of US ton in the alloy or heaviest measure of metric ton in CU content only.


By any measure it's a feat worth writing home about. Good show 68.

Re: First CHU done

PostPosted: Mon Nov 28, 2011 8:33 am
by Cu Later
congrats. im half way there @35 gallons

Re: First CHU done

PostPosted: Mon Nov 28, 2011 9:02 am
by knibloe
Congrats on the milestone.

I was counting my hoard the other day and realized that I have passed the ton mark as well. My hoard is a little less formal. I keep it in old juice jars. I figured the other day that I have 60 gallons of pennies which would be just over a ton. Took me almost three years. I would like to have at least 2 tons stored and then keep sorting, but anthing that I sort after that would be sold and used to purchase silver. Once I hit my silver goal, I will switch to building a stash of gold.

My original goal was to do it all of this in 5 years. It looks like it will take 5 years to collect the pennies. I hope that it is not too late by then.

Re: First CHU done

PostPosted: Mon Nov 28, 2011 9:44 am
by highroller4321
Welcome to the club. 10 ton club is next :D

Re: First CHU done

PostPosted: Mon Nov 28, 2011 10:23 am
by Lemon Thrower
if $100 FV weighs 68 lbs, then a standard 2,000 lb ton would require $2,941 face value if I calculate correctly.

Re: First CHU done

PostPosted: Mon Nov 28, 2011 10:28 am
by tractorman
68Camaro wrote:That's fifty-eight $50 bags, and some change.


"Some change" is right! :lol: Congrats on the ton! I can still lift my cu "hoard" but just barely. I might never make a ton, but at least I'll have some.

Re: First CHU done

PostPosted: Mon Nov 28, 2011 11:46 am
by twoten01
Lemon Thrower wrote:if $100 FV weighs 68 lbs, then a standard 2,000 lb ton would require $2,941 face value if I calculate correctly.


Well according to Coinflation, $100 FV is only 65.1356 lbs Cu the rest is Zn. So it would be $3,071 FV, but that is if every Cu penny weighed in at exactly 3.11 grams, which is not the case.
Too many variables without actually weighing them, and I know I am not even half of the way there yet, and I am not moving mine to weigh. I figure once I have $3,100 then I know for sure I have 1 ton

Re: First CHU done

PostPosted: Tue Nov 29, 2011 4:38 pm
by exbingoaddict
Is it generally accepted that once you hit one (1) ton then you have an "offical" hoard on your hands?

Re: First CHU done

PostPosted: Tue Nov 29, 2011 4:43 pm
by tractorman
Sounds like a hoard to me!! :)