should i get a ryedale

I have yet to sell a single box of copper pennies on Craigslist. Not even an email on it. Might want to wait to get some buyers before you go so far into the game.
 

A billionaire asking us mere mortals if he should buy a Ryedale. Absolutely you should have 3 of them with matching serial numbers.

Seriously, no one besides me has ever lost a dime on a Ryedale purchase. I lost when I donated the machine to a long lost forum member.

The Ryedales produce results better than unwatched rabbits. Cheers, Jim
 

Copper cents aren't always an easy guaranteed sale. While there are many people sorting and selling copper cents at around 1.5 cents each, there are others that struggle to find buyer(s) for their copper cents. I haven't researched the matter thoroughly, but it certainly seems to me that supply is pretty much keeping up with demand at this point and time. However, should copper prices rise in the future, demand will likely increase. But, on that same note, should copper prices fall, demand will likely decrease. So, you might be able to sell all that you can sort fairly quickly now. You might not be able to sell them at all. If you can't sell them now, you might be able to hoard them for an even bigger return in the future. But then again, you might not.

Another thing you might want to check before you purchase a Ryedale is just exactly what percentage of copper cents boxes produce in your area. From what I read on this forum, average seems to be ~20-23% copper with 10+ wheats per box. However, boxes in my area very consistently produce only 10-12% copper and 3-4 wheats per box...which is exactly the reason I do not own a Ryedale.
 

My area produces 30% copper and around 10 wheats per box. I would be buying two ryedales with another person for $300 each. At a low price on ebay it might take around 140 boxes to pay them back
 

My area produces about 15% on average now, but I weigh the boxes and return them if they are below 9% so the boxes I search average about 20%. There are more and more skunk boxes as the weeks go on. But I also get some Brinks boxes that are 75% copper or even 99% on occasion. I got 6 like that last week, probably around 75% average on those 6 boxes.
 

Try actually selling some first. Sort by hand, assemble a few thousand coppers, and try to sell them. If you can do it without too much hassle, then you'll know it's probably worth it to buy the Ryedale. If you can't sell them, then you'll have saved yourself some money.
 

It took me three weeks to make enbough profit to pay for the ryedale. Look at some old threads whre the operation, results and other topics are discussed in depth.

Definitely yes. I have said it before, and still say. I would rather have my ryedale than my MD any day of the week.

Look at the old threads ...
 

I paid for mine in 3 weeks. I actually bought another one and have them running most every night.

Selling on eBay is a guarantee profit of $50 every listing for me even after fees. The only issue I run into is finding time to pick up all the boxes. I am fortunate in I have 2 banks that sell me bags. The time saved not having to unwrap rolls is huge.

There are so many other possibilities of things I comb through in zinc pile to sell as well. Best thing I ever did as far as my CHR history.

MU
 

I just received 2 AutoMaxx's and sent in my older units to be upgraded to AutoMaxx. It is a completely different situation now. I load the machines and walk away... come back 10 minutes later and fill em back up.
I found someone local to me buying anything $ I could come up with for 1.4X - If your a handsorter and enjoy looking thru all the coins then the ryedale will ruin the hobby for you. If you are a speed freak like me :-) then the ryedale is a blessing.
 

A few questions:

1. Do you guys use a zinc cent or copper cent in the Ryedale? It seems like I would use a zinc cent - that way I could return the zincs & look through the coppers by hand for wheats/Indians & older varieties.
2. Do you get a lot of new boxes at the banks (when you obviously want old coins). I would think that getting a steady flow of cents to search is the biggest challenge.
3. Is it a shiz load of work / worth it?
 

I use a copper cent. I end up sifting through both piles because I not only sell the copper but find other things to sell in the zinc pile.

As far as the boxes go, it is the same for dime boxes. Once or twice a year, people usually receive new boxes. This year was rough as in my area, I normally get new boxes in June or July for about a week straight, however this year I also received another 2 weeks of new 2012's in late December.

Is it worth it? I think everyone will differ on opinion but for me, it is the best thing I have done in over 3 years of CRH. I still do a large amount of halves and dimes, but adding the cents in has been great.

The lots I sell on eBay always net me $50 after fees. The money is there if you are creative and not just think about copper.

The cool factor is there also. I have found 6 IH cents and a semi key date 1913 S in XF condition, not to mention the 1000's of wheats.

Is it a lot of work- YES.

Good luck!
MU
 

Last edited:
baddbluff said:
1. Do you guys use a zinc cent or copper cent in the Ryedale? It seems like I would use a zinc cent - that way I could return the zincs & look through the coppers by hand for wheats/Indians & older varieties.
Click to expand...

Older wheats and Indians are a different "copper" than the later wheats, so they can go with the zinc.
 

sagittarius98 said:
Older wheats and Indians are a different "copper" than the later wheats, so they can go with the zinc.
Click to expand...


This is a good point to bring up when talking about how to sort mechanically. If you use a zinc as the sorting coin you can dump the zinc worry free since anything not zinc (hopefully) wound up in the copper pile. Once your done with your load you can switch the sorting coin to a copper, rerun the copper pile and it will kick out anything thats not the up to date copper type penny.

I think I read somewhere onetime that pennies 1942 and older have varying mixtures (however slight) of copper and zinc. This meens on the second run through all those pre 1942 wheats and indian heads will plop into your "reject pile" (or keeper pile really:) )

If your interested in ALL WHEATS then you will still have to do a bit of hand sorting to get your full haul of wheaties.

Hope this helps!:thumbsup:
 

Mental Unrest, when you say you sell on Ebay, are you selling rolls of wheats or just bulk copper pennies? Just curious how you are pulling that much profit on pennies.
 

SilverHoarder07 said:
This is a good point to bring up when talking about how to sort mechanically. If you use a zinc as the sorting coin you can dump the zinc worry free since anything not zinc (hopefully) wound up in the copper pile. Once your done with your load you can switch the sorting coin to a copper, rerun the copper pile and it will kick out anything thats not the up to date copper type penny.

I think I read somewhere onetime that pennies 1942 and older have varying mixtures (however slight) of copper and zinc. This meens on the second run through all those pre 1942 wheats and indian heads will plop into your "reject pile" (or keeper pile really:) )

If your interested in ALL WHEATS then you will still have to do a bit of hand sorting to get your full haul of wheaties.

Hope this helps!:thumbsup:
Click to expand...

That's exactly the answer I was looking for. Thx SilverHoarder. This would save me a ton of time because I like to search pennies but hate going though 80%+ zinc to look for the good stuff in the Pre-83s. I've never found a zinc keeper. (Tho I know there are wide/close AMs and '83/84/95 DDOs out there). It just doesn't seem worthwhile to search zincs by date where I'm from (west - where its mostly d-mints anyway). I did find a Die 1 '72 DDO once (obviously NOT a zinc) while living in Idaho tho. I considered it a miracle, considering how far it had to travel west to get to Idaho!
 

keemao said:
Mental Unrest, when you say you sell on Ebay, are you selling rolls of wheats or just bulk copper pennies? Just curious how you are pulling that much profit on pennies.
Click to expand...

I sell 68 pound lots, or $100 FV. They consistently sell for $160-175 so even after fees, it is well worth my time. I also sell complete 1959-2012 lots, wide AM's and a few other sets I piece together)

As far as unloading- no different than dumping dimes or halves. Just take them back to another bank that you did not get them from. I have many accounts and many of them have the self counters in lobby.

MU
 

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