by Derek.Sheriff » Sun Sep 02, 2012 12:50 pm
I was going to post a question about what members of this forum thought about AOCS. After doing a search, I came across this thread...
I have to say that reading that article was a real lesson in humility. What do I mean? I mean that I hope I never have or ever will write an article like that.
The article was so "matter of fact", and yet was clearly written by someone with no hands on experience sorting or selling. Almost as soon as he began his analaysis, I could see that he had never done the leg work, sorted or sold coppers. It's so obvious that he approached the subject, having already made up his mind and then proceeded to critique those who sort and hoard copper pennies. He asks,
"Would trips to the bank actually yield a high enough number of pre-82’s to make it worth the effort? "
Hmmm...why didn't he ask someone who has actually been doing it for years?
"Each week, for a period of ten years, we make two trips to the bank in the course of our normal lives (no special visits). In each visit, we can reasonably carry two boxes of pennies, each costing $25 (while returning the post-82 from the previous visit). At 2,500 pennies per box, that’s 5,000 pennies per trip."
This doesn't resemble anything like what my routine actually is. I recognize that I live in a bank rich environment, but I visit 4-6 banks almost everyday in the course of my normal life. I also make trips in my wife's hybrid vehicle just to pick up more pennies and run other errands at the same time, thus avoiding special tips that would otherwise be made just to run errands.
But that's just a few of the holes I noticed. I can't wait to read the rest of the comments from RC members and others.