Copper mining (57 miners and 80,600lbs)

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

Re: Copper mining (up to 14,700 lbs per year)

Postby mtalbot_ca » Tue Oct 30, 2012 5:59 pm

19 miners so far with 22,993 lbs. Congrats, let's blasts some more.
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Re: Copper mining (up to 14,700 lbs per year)

Postby rsk1963 » Tue Oct 30, 2012 6:14 pm

shinnosuke wrote:
natsb88 wrote:
shinnosuke wrote:I'm flabbergasted by mtalbot's 47% ratio. JUST SORT MORE!

Canada made coppers up through 1996, lots more copper in circulation up there.


Then I'm definitely living on the wrong side of the continent.


+1
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Re: Copper mining (now close to 23,000 lbs per year)

Postby jacks2start » Tue Oct 30, 2012 7:02 pm

just starting, getting the plan together. buying boxes

goal:
$100-200 a day, return next day,repeat
10 tons
ryedale sort
pull wheats and IH
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Re: Copper mining (now close to 23,000 lbs per year)

Postby rsk1963 » Tue Oct 30, 2012 7:25 pm

jacks2start wrote:just starting, getting the plan together. buying boxes

goal:
$100-200 a day, return next day,repeat
10 tons
ryedale sort
pull wheats and IH


What is current production/yields though?
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Re: Copper mining (now close to 23,000 lbs per year)

Postby theshoenlebens » Tue Oct 30, 2012 8:05 pm

75 dollars average a week
lately percentages are terrible but i'll go with 24
Ryedale all the way, i salute the handsorters. More patience than i have.
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Re: Copper mining (now close to 23,000 lbs per year)

Postby scyther » Tue Oct 30, 2012 10:50 pm

I'm also jealous of Canada... for the pennies, and even more so, for the nickels... but in the end we'll be better off. With the pennies going to the furnaces in February, and everything else having long been made of iron, there won't be much for Canadians to sort/hoard in the coming years.
267,500 pennies and 186,000 nickels searched. Hand sorter.
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Re: Copper mining (now close to 23,000 lbs per year)

Postby jacks2start » Tue Oct 30, 2012 11:55 pm

rsk1963 wrote:
jacks2start wrote:just starting, getting the plan together. buying boxes

goal:
$100-200 a day, return next day,repeat
10 tons
ryedale sort
pull wheats and IH


What is current production/yields though?



Just at the point of buying boxes.
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Re: Copper mining (now close to 23,000 lbs per year)

Postby mtalbot_ca » Wed Oct 31, 2012 6:55 am

Keep us posted ....
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Re: Copper mining (now close to 23,000 lbs per year)

Postby thripp » Wed Oct 31, 2012 8:16 am

$2,000 / wk. average here, but not much of a hoard since I resell. I use a Ryedale and pull all the IHs, wheats, Canadians, and foreigns I see. Percentages are around 17%, minus some skunk boxes below 8% that I find by weighing them first. Getting more Canadians than normal because the snowbirds are coming down for the winter.
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Re: Copper mining (now close to 23,000 lbs per year)

Postby HoardCopperByTheTon » Wed Oct 31, 2012 8:26 am

thripp wrote:$2,000 / wk. average here, but not much of a hoard since I resell. I use a Ryedale and pull all the IHs, wheats, Canadians, and foreigns I see. Percentages are around 17%, minus some skunk boxes below 8% that I find by weighing them first. Getting more Canadians than normal because the snowbirds are coming down for the winter.

At that level the dumping becomes significantly more challenging. Please share your dumping strategy. :mrgreen:
If your percentages are low.. just sort more. If your percentages are high.. just sort more
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Re: Copper mining (now close to 23,000 lbs per year)

Postby thripp » Wed Oct 31, 2012 8:51 am

HoardCopperByTheTon wrote:
thripp wrote:$2,000 / wk. average here, but not much of a hoard since I resell. I use a Ryedale and pull all the IHs, wheats, Canadians, and foreigns I see. Percentages are around 17%, minus some skunk boxes below 8% that I find by weighing them first. Getting more Canadians than normal because the snowbirds are coming down for the winter.

At that level the dumping becomes significantly more challenging. Please share your dumping strategy. :mrgreen:


I use coin counting machines at banks and credit unions to return everything. I have three TD Bank Penny Arcades within 25 miles (Talaris Mach 9 with Penny character, $600 / hr. with 6 bag changes), 1 Penny Arcade with an older machine ($150 / hr.), 2 Penny Arcades with older machines they won't let me use, a credit union with two branches nearby with a Talaris QuickChange and Talaris Mach 9, and a CoinStar that gives out Lowe's and Amazon.com gift cards.
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Re: Copper mining (now close to 23,000 lbs per year)

Postby CardsNCoins » Wed Oct 31, 2012 10:20 am

HCBTT, are you going to share your weekly numbers? :o
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Re: Copper mining (now close to 23,000 lbs per year)

Postby pennysman » Wed Oct 31, 2012 2:54 pm

$500.00 / month
25%
Ryedale

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Re: Copper mining (now close to 23,000 lbs per year)

Postby mtalbot_ca » Wed Oct 31, 2012 5:52 pm

Hey miners, we are up to over 34,000 lbs. Let's dig some more.
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Re: Copper mining (Now standing at 34,000 lbs per year)

Postby Whinstone » Wed Oct 31, 2012 6:28 pm

$50/month
    24%
      small time handsorter
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      Re: Copper mining (now close to 23,000 lbs per year)

      Postby stlouiscoin » Wed Oct 31, 2012 7:46 pm

      CardsNCoins wrote:HCBTT, are you going to share your weekly numbers? :o


      forget HCBTT, I want know adam's numbers!!
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      Re: Copper mining (now close to 23,000 lbs per year)

      Postby Engineer » Wed Oct 31, 2012 8:01 pm

      HoardCopperByTheTon wrote:
      thripp wrote:$2,000 / wk. average here, but not much of a hoard since I resell. I use a Ryedale and pull all the IHs, wheats, Canadians, and foreigns I see. Percentages are around 17%, minus some skunk boxes below 8% that I find by weighing them first. Getting more Canadians than normal because the snowbirds are coming down for the winter.

      At that level the dumping becomes significantly more challenging. Please share your dumping strategy. :mrgreen:


      +1

      Dumping tips are always appreciated.
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      Re: Copper mining (now close to 23,000 lbs per year)

      Postby stlouiscoin » Wed Oct 31, 2012 8:04 pm

      Engineer wrote:
      HoardCopperByTheTon wrote:
      thripp wrote:$2,000 / wk. average here, but not much of a hoard since I resell. I use a Ryedale and pull all the IHs, wheats, Canadians, and foreigns I see. Percentages are around 17%, minus some skunk boxes below 8% that I find by weighing them first. Getting more Canadians than normal because the snowbirds are coming down for the winter.

      At that level the dumping becomes significantly more challenging. Please share your dumping strategy. :mrgreen:


      +1

      Dumping tips are always appreciated.


      knees up, push down, hold on to.... oops wrong dump.
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      Re: Copper mining (Now standing at 34,000 lbs per year)

      Postby willy13 » Wed Oct 31, 2012 8:32 pm

      Been hand sorting for 2 years. I just broke the 1000 lb mark a month ago, so I am at 500 lbs per year.
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      Re: Copper mining (now close to 23,000 lbs per year)

      Postby scyther » Wed Oct 31, 2012 8:52 pm

      stlouiscoin wrote:
      CardsNCoins wrote:HCBTT, are you going to share your weekly numbers? :o


      forget HCBTT, I want know adam's numbers!!

      I would really like to know both of these...
      267,500 pennies and 186,000 nickels searched. Hand sorter.
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      Re: Copper mining (now close to 23,000 lbs per year)

      Postby HoardCopperByTheTon » Wed Oct 31, 2012 10:30 pm

      CardsNCoins wrote:HCBTT, are you going to share your weekly numbers? :o

      I feel like I have been sloughing off. That darn day job keeps interfering with my sorting. My sorting ranges widely, depending on time available. Some weeks it's $2500 and some weeks it's only $100. Percentage is 19-20%. :mrgreen:
      If your percentages are low.. just sort more. If your percentages are high.. just sort more
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      Re: Copper mining (now close to 23,000 lbs per year)

      Postby scyther » Thu Nov 01, 2012 2:45 am

      HoardCopperByTheTon wrote:
      CardsNCoins wrote:HCBTT, are you going to share your weekly numbers? :o

      I feel like I have been sloughing off. That darn day job keeps interfering with my sorting. My sorting ranges widely, depending on time available. Some weeks it's $2500 and some weeks it's only $100. Percentage is 19-20%. :mrgreen:

      And you don't sell most of that, right? About how much would you say you have hoarded (if you don't mind my asking...)?
      267,500 pennies and 186,000 nickels searched. Hand sorter.
      10/13/18
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      Re: Copper mining (Now standing at 34,000 lbs per year)

      Postby mtalbot_ca » Thu Nov 01, 2012 6:38 am

      Now with 25 miners, we stand at over 40,000 lbs.........
      Common sense should prevail if not, misery will.
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      Re: Copper mining (now close to 23,000 lbs per year)

      Postby HoardCopperByTheTon » Thu Nov 01, 2012 8:06 am

      thripp wrote:I use coin counting machines at banks and credit unions to return everything. I have three TD Bank Penny Arcades within 25 miles (Talaris Mach 9 with Penny character, $600 / hr. with 6 bag changes), 1 Penny Arcade with an older machine ($150 / hr.), 2 Penny Arcades with older machines they won't let me use, a credit union with two branches nearby with a Talaris QuickChange and Talaris Mach 9, and a CoinStar that gives out Lowe's and Amazon.com gift cards.

      Those Mach 9's are a lot faster than that. I have a pair of Mach 5's and at 4,000 coins a minute I can't change the bags fast enough to run both of them at the same time. I think those bag changes are killing you. Do you notice they are taking longer and longer to change the bags to discourage you from dumping so much? Have they said anything to you yet? You might get cut off from the fast machines too. It has happened to other members here.

      I don't have any banks with coin counting machines out here other than one CU that is open M-F and only has a Coinstar. I can feed a bag to the Coinstar in 10-15 minutes on the rare occasions I use it. I mostly just use the rolling machines and bag with the counters. The banks seem much less reluctant to take the rolled and boxed coin, but you have to not overload any one branch. :mrgreen:
      If your percentages are low.. just sort more. If your percentages are high.. just sort more
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      Re: Copper mining (now close to 23,000 lbs per year)

      Postby thripp » Thu Nov 01, 2012 8:14 am

      HoardCopperByTheTon wrote:
      thripp wrote:I use coin counting machines at banks and credit unions to return everything. I have three TD Bank Penny Arcades within 25 miles (Talaris Mach 9 with Penny character, $600 / hr. with 6 bag changes), 1 Penny Arcade with an older machine ($150 / hr.), 2 Penny Arcades with older machines they won't let me use, a credit union with two branches nearby with a Talaris QuickChange and Talaris Mach 9, and a CoinStar that gives out Lowe's and Amazon.com gift cards.

      Those Mach 9's are a lot faster than that. I have a pair of Mach 5's and at 4,000 coins a minute I can't change the bags fast enough to run both of them at the same time. I think those bag changes are killing you. Do you notice they are taking longer and longer to change the bags to discourage you from dumping so much? Have they said anything to you yet? You might get cut off from the fast machines too. It has happened to other members here.

      I don't have any banks with coin counting machines out here other than one CU that is open M-F and only has a Coinstar. I can feed a bag to the Coinstar in 10-15 minutes on the rare occasions I use it. I mostly just use the rolling machines and bag with the counters. The banks seem much less reluctant to take the rolled and boxed coin, but you have to not overload any one branch. :mrgreen:


      It really depends on how long they make me wait, and sometimes the machine just shuts off due to overheating according to the tellers. I guess I have gotten through $600 in pennies in under 30 minutes, but only if one teller has time to stand there. Also, it depends on if they pull out the machine or leave it in place with the metal tray that you have to move the coins across with your hands to get them into the coin counter. That slows you down.

      They don't discourage me from dumping all that much, but sometimes they say they are under-staffed or out of bags or vault space. I always call first since all three are between 20 and 25 miles away, and I use the machines closer to home most of the time. The QuickChange is actually faster than the Mach 9, and it has a cool-looking conveyer belt that goes up to dump the coins in the hopper. I've gotten two Ikes out of the internal reject bin.
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