Does It Pay - Page 2 - Coin Community Forum

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Author	Replies: 18 / Views: 3,686	Page: of 2

Finn235 Pillar of the Community United States 6130 Posts	Posted 05/04/2015 10:28 am CRH is much more like playing the lottery than it is like a job. You wager your time rather than money, but the odds of finding a $1000 coin are about as good as your chances of finding a $1000 scratch off. I used to do a box of nickels almost weekly, and after crunching the numbers, I found that I netted am average of $3 per box for about 1.5-2 hours of work. Unless you get very, very lucky, just about the only way to make the turn the hobby into a job is to have access to industrial-grade sorting equipment calibrated to reject copper and silver. Report this Post to the Staff
Owassokie Pillar of the Community United States 622 Posts	Posted 05/04/2015 11:38 am Looking at it strictly as work, I imagine there are people with the resources and connections to make decent money CRHing half dollars. However, if you are the type of person with resources and connections, your time would be better spent in other ways. Not all CRHers are posting about it on the web, especially if they're well connected or collecting/selling a bunch of silver. Imagine if your dad or best friend owned a bank. Imagine if you had a special connection with one of the couriers. As others have mentioned, CRHing should be a hobby. As we all know, most hobbies cost money. One of the great things about CRHing is it allows us to make a little money, or at least save money we would have spent on other hobbies. Report this Post to the Staff
Normic67 Pillar of the Community 798 Posts	Posted 05/08/2015 03:32 am You can make money doing it but I (as a coin collector) am not trying to make money when CRH'ing but am actually just trying to find an old coin and pull it out of circulation for face value rather then paying for its metal content or its rarity which is always nice. I never sell any coins I find and never have even considered it. If you want to make money at CRH'ing, (and you can) it would be way more sensible to just get a job and make money doing that but if your In it for the thrill of the hunt or what I used to do it for then its a different situation. What would you rather do, go to the coin store and buy a silver dime for $2 or go to the bank and buy a dime box for $250 which you end up finding a silver dime in for only 10 cents? Report this Post to the Staff
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