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Replies: 18 / Views: 3,389 |
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Bedrock of the Community
United States
94367 Posts |
Any of you CRHs care to share the value of your CRH finds versus the time spent?  
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Pillar of the Community
United States
1911 Posts |
Well my wife and I do them on Tuesdays while we watch a movie. We average out to about 1.5 silver coins per box over the about 28 boxes thus far. With both of us only takes about 30 mins (only look for silver or dates needed, not errors) and so that comes out to about $7.5 an hour so about a part time min. Wage job ;P
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Pillar of the Community
United States
860 Posts |
I have probably earned about 5 cents an hour.  But I do this as a hobby, not to make money. I also do it while watching TV. It's more fun when my son is home.
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Pillar of the Community
United States
509 Posts |
Both of those are priceless! My wife wouldn't search with me and my kids are too young (for now). I think we'd all search more if it was a family event
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Bedrock of the Community
Australia
21788 Posts |
In terms of value for money in time spent, I have found going through dealer's junk bins more comparatively profitable.
A problem with this approach is that you need to have wide ranging interests across the whole of numisamtics, for best advantage. Another problem is that you come a numismatic generalist, not a specialist, but that's OK if you are interested in the whole of numismatics.
My most profitable junk bin per item is in the $4-$20 price range.
I have done both, CRH'ing as well.
One of the factors that discouraged me from CRH'ing was that the banks in Australia are much more agressive against CRH'ers.
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Pillar of the Community
United States
4333 Posts |
I can honestly say, I've never really thought about it.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
United Kingdom
2624 Posts |
Its no good in the UK, the limit is 4 bags of change per day (deposit) and they only give change for business accounts (for which they charge) Besides that since about the 1990's there isn't too much to find except for the odd commemorative 50p or £2. Before this time I found some amazing coins in my pocket occasionally... like pre 1900's silver shillings.
It looks to me that CRHing has seen better days, even in the states people seem to have wised up and are unlikely to be dumping silver for face value on a regular basis.
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Moderator
 United States
188560 Posts |
I mentioned this when you commented in the other thread, but I will repeat it here... This does not always matter. Some just enjoy the hunt. One could easily ask a deer hunter if they ever compared the value of the venison to the value of all that time spent in a tree stand. Not to mention money invested in the rifle (or bow), ammunition (or arrows), clothing, and travel. Just saying.  Hobbies are not free and are seldom profitable.  That being said, I will mention that almost half of my Franklin half dollar album was filled from roll finds and the other half funded by duplicate silver finds (they were traded with a dealer, the closest I have ever come to selling coins). 
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Pillar of the Community
1325 Posts |
Wish I had seen this thread first...  Sure. I search while in front of the TV watching a movie I have seen at least 20 times before cause nothing else is on TV and nothing else to do at that time, so I had free time. While my hands are full of coins, I have no free hand to smoke, so I have cut down on smoking the days I CRH (does increased health count as a value?), and I would check my pocket change anyway, but at the rate of turnover with pocket change, I would not have completed my State Quarter, 1965-2004 Roosevelt, 1965-2003 Jefferson, 1965-1998 Washington, etc folders. I was going to have to get the money to buy groceries with anyway, and I was going to have to spend some for those groceries, so why not get and look coins and my cost per coin in my collection is face value. Now, value of time spent? I was already doing nothing else anyway, so that value was 0. After buying folders, and other coin supplies I still have a profit, and a LOT of foreign coins I would have likely never even seen otherwise.
Edited by shadz 09/16/2015 1:09 pm
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Moderator
 United States
188560 Posts |
Quote: Wish I had seen this thread first... You and me both. I just commented on your replay in the other thread. 
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Pillar of the Community
United States
6130 Posts |
If I were to sell everything I ever found while CRH, I would recover the face value, plus enough extra to take my wife to dinner and a movie.
I'll echo the rest of the posts here. Roll hunting is a fun hobby, but barring the once-in-a-lifetime score, it's a pretty poor investment if you don't have a passion for it.
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Valued Member
United States
103 Posts |
I hostly don't know. But if I sold my earning per box I would make $5 a box. Since I get 2 boxes a week I would make $10 a week. I don't do it for the money but for fun!
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Pillar of the Community
United States
840 Posts |
Less than $1/hr. It's a hobby, not a money maker. I'm far better off working an hour of overtime and buying silver than I am finding it CRHing. I CRH to put together booklets of various coin denominations to pass along to my kids because I believe by the time they're my age coins will be replaced with electronic money.
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Pillar of the Community
United States
6478 Posts |
I have found over 50 RPMs, and a lot more. 
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Pillar of the Community
United States
1042 Posts |
I roll hunt because I want to. It's what I do with the leftover hours in my day. The day I decide to make an excel spreadsheet that shows a profit/loss vs time spent...is the day that my hobby turns into a 'job'. I already have one job, I don't want another one. 
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Moderator
 United States
188560 Posts |
Quote: It's a hobby, not a money maker. Quote: I roll hunt because I want to. It's what I do with the leftover hours in my day.  to both. 
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Replies: 18 / Views: 3,389 |