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<p>[QUOTE=&quot;NorthKorea, post: 1997586, member: 29643&quot;]If you can actually find someone willing to pay you $1/roll in cash locally, sell. Sell all you have. The likelihood of finding that, however, is minimal. It probably takes someone with good eyes 0.7 sec per cent to sort, and someone with not as good eyes 1.5 sec per cent to sort. So, assuming you have good eyes, you&#039;re looking at ~85 cents per minute or ~4300 per hour... assuming you&#039;re extremely patient and have no eye fatigue. Rolling adds ~3 sec per roll, so, you lose about 4-5 min per hour in rolling time, if you&#039;re hyper efficient. Let&#039;s assume a total yield (both 2.5g and 3.11g) of 78 rolls per hour. Of those 78 rolls, let&#039;s be generous and assume 30% 3.11g yield or 25 rolls of 3.11g per hour.</p><p><br /></p><p>That would give you $12.50 per hour gross, assuming the following:</p><p><br /></p><p>1) You can liquidate the 3.11g rolls at $1 ea with zero negotiation time.</p><p>2) You can liquidate the 2.5g rolls at 50-c ea with zero bank costs.</p><p>3) You can get to both liquidation points at near zero cost.</p><p>4) You get rolls for free.</p><p>5) You have a virtually unlimited supply of unsearched pennies at face.</p><p>6) You don&#039;t mind mind your hands smelling.</p><p><br /></p><p>All of those assumptions are likely faulty to some degree or another, so let&#039;s figure on an initial cost of production at 20%. Now, of course, as you progress in your venture, you will see your yield rates decrease and your liquidation costs increase (banks will be less likely to offer you unlimited orders of pennies and some might be less willing to accept pennies back in bulk; your vendor who previously purchased 3.11g rolls for $1 might only pay 80-c, once they figure out that you have no other liquidation options).</p><p><br /></p><p>So, at 30% yield and 20% production costs, your expected net is around $10 per hour pre-tax.</p><p><br /></p><p>Every percent loss in yield equates to a 40-c/hr loss in gross, and every percent increase in overall production cost results in an additional 12.5-c/hr loss in net.</p><p><br /></p><p>Additionally, sorting coins is an arduous task, so your efficiency probably drops about 10% every hour, if you treat it as work and probably more if you view it as a hobby.</p><p><br /></p><p>You&#039;re never going to get rich by merely sorting coins, since you can probably only do 1-2 hours of it at a time before your drops in efficiency and yield take you out of the &quot;above minimum wage&quot; (and just marginally so) space. Accounting for the fact that most fast food joints will give you a free meal (usually equivalent in cost to an hour&#039;s wages) during your shift, you&#039;d be better off getting any job that is legal. Now, if you&#039;re a foreigner who can&#039;t legally work in the US but somehow has full access to banking, an endless source of pennies, and access to other non-legal labor, it might be viable.</p><p><br /></p><p>50 sweat shop workers earning $20 per day (10-hour shift) for sorting pennies would make it worthwhile to sort pennies, as they&#039;d probably be as efficient as building/purchasing a sorting machine. However, there&#039;d be some risk of shrinkage, so you&#039;d need to pay security detail (five per shift) $20 per hour to ensure no one steals any of your pennies. Your total investment works out to $2000 per 10-hour shift for 50 sorters at 60 rolls per man-hour.</p><p><br /></p><p>Assuming you&#039;re able to pull it off and not end up in prison, you&#039;d be likely to yield 4000-5000 rolls per shift at a base investment of $4000-$4500 per shift. This includes simple face-value and labor costs. It doesn&#039;t include electricity, capital, warehousing or other acquisition/liquidation costs. So, even using sweat shop employees, you&#039;re only making a $500 per day, in an optimal setting where you don&#039;t pay for a building, lighting, liquidation, acquisition, transportation or storage. There are *much* better and far more legal ways of making 10% ROC for labor. Sweat shops aren&#039;t worth the backlash and potential legal problems, if you aren&#039;t at least quadrupling your investment in capital. That won&#039;t happen when your expected return on labor is 0-11%.</p><p><br /></p><p>Now, if you truly can find someone paying 3-cents per 3.11g penny, I&#039;ll pay you 10% of the profit on every roll I sell for that information.[/QUOTE]</p><p><br /></p>

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