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 Replies: 24 / Views: 2,316 |
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Bedrock of the Community
United States
10047 Posts |
Nice job keeping stats. I like reading about the probabilities and seeing the comparisons from one type to another.
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Pillar of the Community
 United States
586 Posts |
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So tell us, has it been worth all the effort? Including lugging the coins back and forth to the bank? I don't know. I just do coin collecting for the fun of it. |
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Pillar of the Community
United States
586 Posts |
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Looking just at the arbitrage from swapping out wheat cents worth on average 5 cents each with face value cents, and only including search time of 1 second per cent in terms of time investment, I think that this works out to about 40¢/hour. Does that sound about right? Pretty much. You can't make a living at it. |
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Moderator
 United States
190026 Posts |
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I don't know. I just do coin collecting for the fun of it.  |
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Pillar of the Community
United States
3848 Posts |
I keep similar detailed records but in other aspects of the hobby. I think it is interesting, fun, and helps you make statistically better decisions.
You should keep customer wrapped and bank wrapped rolled coins in separate categories, so you can see what type gets you the best finds.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Pillar of the Community
United States
586 Posts |
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You should keep customer wrapped and bank wrapped rolled coins in separate categories, so you can see what type gets you the best finds. Virtually all of the coins I got from my old bank were custom wrapped. Most all of the coins I get from my new bank are machine wrapped and in boxes. There was one box of custom wrapped pennies I got recently. There weren't any wheat pennies in it at all. Machine wrapped rolls usually don't waver at all from the usual rate. You'll never find someone's Wheat penny collection in machine wrapped rolls. |
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Bedrock of the Community
United States
19250 Posts |
Of all the wheat cents I've found in rolls--perhaps 2500 or so over the years--about 80% came from customer wrapped, the remaining 20% from bank/commercial coin service (Loomis, etc.) rolls.
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Pillar of the Community
 United States
8816 Posts |
Very cool that you have kept these stats, it's interesting to see the different numbers. With your Canadian finds, I'm assuming you are close to the border?
-makecents-
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Pillar of the Community
United States
586 Posts |
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With your Canadian finds, I'm assuming you are close to the border? Southwestern Pennsylvania |
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Pillar of the Community
United States
8816 Posts |
Well, very cool finds! -makecents-
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Pillar of the Community
United States
586 Posts |
Nickel rolls searched 2021 rolls Pre 59 Can. Other
6/17 5 0 0
6/22 33 22 4 Wartime nickel
6/29 25&7 11&179 1
7/7 15 7 1
7/20 13 6 0 Buffalo nickel
8/3 15 14 0
8/11 5 2 0
8/25 7 2 0
9/21 10 5 0
9/28 10 3 4
11/10 65 30 2 Buffalo nickel
11/12 15 7 0 Buffalo nickel
11/24 59 33 4
12/28 10 1 0 Wartime nickel
1/18/22 5 26 4 Wartime nickel & V nickel
2/1 12 (all uncirculated 2021)
2/17 50 31 0 Wartime nickel
3/4 50 26 1
3/8 13 2 0 Wartime nickel
3/18 50 34 3 6/17/2021 - Present 522 & 12 rolls 448 (269 & 179) Pre-59 nickels 64 Canadian nickels 4 Buffalo nickels5 Wartime nickels 1 V-Nickel |
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Moderator
United States
190026 Posts |
Very nice! You may have noticed I edited your table. Use the [co de][/co de] tags and it will preserve spaces and present everything in a monospaced font so it lines up correctly.  |
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Pillar of the Community
United States
586 Posts |
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Moderator
United States
34447 Posts |
@josh, what was the year on that Liberty Head Nickel. Seems like you got someone's collection dump because no way those are still in circulation.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
United States
586 Posts |
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Replies: 24 / Views: 2,316 |
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First Page
Posted 03/16/2022 11:38 am
