mflugher wrote:I see you process a lot of coins cardsncoins, how do you dump if you don't mind sharing?
AFModell wrote:Dimes are the worst though, frequently being counted as pennies.
CardsNCoins wrote:Searching them is the easy part and shouldn't take you more than 2 hours. The X factor is how you dump your coins.
Depending on your method of deposit (even traveling to multiple branches to use coin machines) it shouldn't be hard to be done before 1PM. Dumping bagged coin (which I do not do) is way quicker than having to dump into coin machines.
If your bank is nearby, and you're just dropping off bags of searched coins, the searching and dumping this is a 3 hour endeavor, tops.
JobIII wrote:CardsNCoins wrote:Searching them is the easy part and shouldn't take you more than 2 hours. The X factor is how you dump your coins.
Depending on your method of deposit (even traveling to multiple branches to use coin machines) it shouldn't be hard to be done before 1PM. Dumping bagged coin (which I do not do) is way quicker than having to dump into coin machines.
If your bank is nearby, and you're just dropping off bags of searched coins, the searching and dumping this is a 3 hour endeavor, tops.
Am I missing something here? 24 boxes in 2 hours? Pray tell how this is possible?
Good silver percentages would help ease the boredom pretty quickly though.mflugher wrote: I think If I tried to put out that kind of volume on a regular basis I'd get bored real quick.
JobIII wrote:Am I missing something here?.........
mtldealer wrote:The biggest consumtion of time is getting it out of the rolls. I open the box then use gardening shears to snip the tips of the rolls. Then it takes time to open them. I sort $5000 a hour consistently. As far as dumping... I tried dumping at coinstar, it took to much time. Ultimately I drop off on average $7000 on Mon, Wed and Fri and then pick up the same, my bank credits my account right away. So far this year I am just over 750K. At this point though it's becoming more of a job than a hobby.
mflugher wrote:mtldealer wrote:The biggest consumtion of time is getting it out of the rolls. I open the box then use gardening shears to snip the tips of the rolls. Then it takes time to open them. I sort $5000 a hour consistently. As far as dumping... I tried dumping at coinstar, it took to much time. Ultimately I drop off on average $7000 on Mon, Wed and Fri and then pick up the same, my bank credits my account right away. So far this year I am just over 750K. At this point though it's becoming more of a job than a hobby.
Does that work better than Andy's technique on ryedale website? I thin kthat looks pretty nifty except I have to reroll when done. he uses a penknife to get under the ring of rolled paper and tear it off the top...
mtldealer wrote:mflugher wrote:mtldealer wrote:The biggest consumtion of time is getting it out of the rolls. I open the box then use gardening shears to snip the tips of the rolls. Then it takes time to open them. I sort $5000 a hour consistently. As far as dumping... I tried dumping at coinstar, it took to much time. Ultimately I drop off on average $7000 on Mon, Wed and Fri and then pick up the same, my bank credits my account right away. So far this year I am just over 750K. At this point though it's becoming more of a job than a hobby.
Does that work better than Andy's technique on ryedale website? I thin kthat looks pretty nifty except I have to reroll when done. he uses a penknife to get under the ring of rolled paper and tear it off the top...
I like using the cutting implement and then being able to put it down and move to the next part of the process. I can hold three or four rolls in my hand and open them saving time on picking up and putting down. I feel like the moving back and forth from cutting to tearing is where I lose time. Plus It limits the exposure to sharp objects being in my hand.
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