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Replies: 18 / Views: 14,109 |
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Bedrock of the Community
United States
10038 Posts |
@FadeToBlack - is it hard moving copper on ebay b/c ebay eats the profits?
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Pillar of the Community
 United States
979 Posts |
I'm watching copper on ebay and it moves. I'm watching to see if free shipping makes people pay more than the difference of shipping. Sometimes people bid higher beyond shipping costs when you put free shipping. Also, the items come up more in the searches. Basically advertisement + making people feel like they're getting a deal (instead of feeling taxed by shipping) However, the shipping of copper is high, and prices have just gone up
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Pillar of the Community
1751 Posts |
Yeah, shipping and ebay fees eat a lot of the margin, it's just not worth the work for so little return. If I could find a local buyer at, say 1.5x face, I'd buy a ryedale in a minute and start pumping out the copper as much as they wanted lol.
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Valued Member
United States
370 Posts |
I have had some good emails with andy, and you are right he makes the ryedale unit. I bought mine on ebay used and got a pretty good deal. the blue units are knock offs of his. they use the exact same hopper and run the same number of coins per minute regardless of what anyone might say. I have seen people post where they have owned both and gave up the blue ones because they only needed one. supposedly the blue one with the metal ramp has some issues with jamming. I tracked down every part he uses except for the power board that he produces and unless someone comes up with something that uses a cheaper hopper and other parts, I don't think you will find them much cheaper than they are right now, if it was cheaper it wouldn't be worth it for them to build them. I could have built one I opted to buy the ryedale. when I started using it I happened to be looking in the trays and I would have lost an indian head had I not. they have problems sorting the early coins. I have tried to run some teens through 30's and your just going to lose them if you don't hand sort regardless of the machine as they use the same parts. I have run some boxes/2500 pennies where the average has been as low 2% usually they run between 16 to 22% copper
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Pillar of the Community
 United States
979 Posts |
I'm curious to hear from some people who have had both. I wonder what the difference is? Like you said, it's something of a knock off, but I'm not one to pay for brand names.
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Valued Member
United States
370 Posts |
then disregard what I said and buy the knock off and deal with the coin jams. also you may want to wait till the end of the year and ryedale has a new machine he is working on, I don't know that he wants the info out there so I wont disclose what it will do but I will be selling mine and buying one of those when he gets it done.
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Valued Member
United States
370 Posts |
or buy that one and we can compare notes down the road
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Pillar of the Community
United States
1217 Posts |
sorting copper pennies has been decent for me. I average around 20% copper. Plus pull out the wheats. I get 1.58- 1.6 cents/coin and I don't use ebay. no sense paying them for my hard work. I have sold 3 different lots - minimum of 7500 coins/lot. its still a minimum wage proposition. I wouldn't do it if I wasn't already looking for the wheats, but figured I could actually pay for gas by doing coppers.
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Pillar of the Community
 United States
979 Posts |
How much would you be selling yours for? About many $s have you run through it? I just dont know how bad the wear and tear is on buying used, since the process seems quite rigorous.
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Pillar of the Community
United States
1217 Posts |
I get 1.58 or 1.6 cents per penny. Hand sorting. Do about $200 dollars/week. Sometimes more.
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Pillar of the Community
 United States
979 Posts |
Ooops, I was unclear. I was asking yvairguy about his used machine. I was asking how many cents, round about were on it. Kind of like a used car, you don't want too many miles.
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Valued Member
United States
370 Posts |
I run 6 to 8 boxes through the machine every week, heard or read somewhere that he has machines that have had over a million coins through the machine with maintenance and they are still working.
I should say that I will probably buy one of those and sell this one, unless it he has an upgrade package available where I can just send this one in and have him retrofit it.
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Pillar of the Community
 United States
979 Posts |
I've been emailing Andy. I think I will be doing business with him :)
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Valued Member
United States
370 Posts |
I did my homework before I bought mine, I emailed andy and said I was looking for probably a used machine, he still emailed me and said, of course to buy one of his if I did. I read some stuff on line about the other one jamming, and it looks that way because of the metal ramp, which is probably the hardest part to knock off. I have an idea how I could overcome that without the lexan ramp but I really don't want to get into the copper sorting machine biz, and the time lost building my own I could already be sorting copper. Also as open, receptive, and available as Andy is I don't know that I want to try to affect a business that he kind of launched for the little guy to sort copper. Right now I don't think you can do any better than the Ryedale machine, last night there were 3 of his used on ebay. as a side note my copper sorting had dropped to around 7%, I picked up 8 Garda and 4 Brinks boxes yesterday, the Garda had some 40% boxes the average over 8 was 32% the best I have had since I started and the majority of the copper is bright 70's coin. the Brinks ran pretty much at 16% across all the boxes, also up. the last 2 Garda pickups before this one were all new 2012 coin.
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Pillar of the Community
 United States
979 Posts |
I get a good % around here, so hopefully it works out for me
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Replies: 18 / Views: 14,109 |
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