Should I Purchase a Ryedale?

A Ryedale can assist you in sorting large volumes of coins
Anyone who has spent time coin roll hunting or researching the hobby has most likely heard of, or come across, a Ryedale machine before. Conversations and videos of this machine that can sort through thousands of coins an hour are littered through our coin communities, websites, and YouTube. If you are not familiar with a Ryedale, it was only a matter of time. For those who are just beginning their hobby of coin roll hunting, let us quickly describe what a Ryedale is and what it does.

Using a Ryedale is the fastest way to sort through coins and is especially popular with coin roll hunters who are searching through large volumes. This is because a Ryedale can sort through about 18,000 coins in an hour! These machines accurately sort copper cents from zinc ones. Also of interest for our fellow Canadian readers, these machines sort copper pennies from those made of steel. The time that comes with hand sorting these coins is now almost completely eliminated.

The Ryedale does this by using a device in the machine that compares the metal content of the income coins against the metal content of a sample coin that has been placed in the "discriminator device". If the incoming coin matches the electronic signature of the sample coin, then this coin is accepted and can be placed in its own container. If this electronic signature does not match, then the coin is rejected, and can be placed in another container; separate from the coins you wish to keep. This all sounds pretty impressive doesn't it? Why wouldn't you purchase one of these machines and save yourself the trouble and time of hand sorting? Is one of these machines for you?

Before purchasing a Ryedale, you need to consider the cost. These machines are effective, but are not cheap. They will run you over $500. You should consider how many coins you sort a week. Are you getting only one box a week? Two boxes? If so, then a Ryedale will most likely not be worth it in our opinion. At this low volume, you can effectively sort these coins in a couple of hours max. Purchasing a Ryedale makes much more sense if you are sorting through many coins at a consistent rate.

As well, before purchasing a Ryedale to aid you in your coin roll hunting searches, consider if you can even get enough volume to make this machine worth the purchase. Can you get enough coins from your bank? Will you have to go to another bank to get these other boxes? As well, where will you be dumping all of your left over zinc and steel coins? If you are effectively using a Ryedale, you will have many coins to take back. This can be quite burdensome and you will most likely have to go to more than one bank.

Lastly, also consider that a Ryedale will not eliminate all of the work connected with coin roll hunting. You will still have to re-roll all of your zinc and steel coins. As well, for example, if you separate your copper pennies like we do by weight, then a Ryedale will not help as much as one might think. You would still have to go through all of these copper pennies that are accepted, and check the date to complete your sort. This is because a Ryedale will only separate the copper pennies from the zinc and steel ones. Any further sorting will have to be completed by hand.

For these reasons, we believe a Ryedale is best suited for an individual who has had some experience with coin roll hunting and/or is coin roll hunting through a large volume of coins. At the end of the day, you will be the one to decide if a Ryedale is right to purchase for your goals, but be sure to consider some of these points before making the decision. We would love to use a Ryedale to help us sort through Canadian nickels (we would be increasing our volume of nickel boxes picked up each week if we did use one), but we have not been able to secure an order of these nickels each week to make a Ryedale as effective as possible. As well, we cannot deal with the massive amounts of the copper/nickel and steel coins we would have to with at such a large volume (essentially we could have over $1,000 in these returnable coins, that is over 500 rolls to return!). For this reason, a Ryedale does not make sense at this time for us. Perhaps eventually this will change.

If you are like us and don't use a Ryedale to coin roll hunt, just keep up with hand sorting for now. Coin roll hunting and time will always go hand-in-hand. In our opinion, it is worth it.

1 comment:

  1. What is the mechanism according to which electronic signature on a coin works? Where can I possibly find a good information about it, such as books?