My Laundromat Coin Hunting Adventure: Uncovering Hidden Treasures
June 6, 2025What to Do with Old Pennies: My Numismatic Journey
June 7, 2025I’ve always dreamed of building a machine that sorts coins by date and mint mark, and after tinkering with the concept, I’ve picked up some fascinating lessons. As a fellow collector who loves solving puzzles, this project showed me both the excitement and headaches of bringing automation into our hobby. Let me walk you through what I discovered while trying to make this idea work.
Why Build a Coin Sorting Machine?
It all started with a straightforward vision: create a device that could quickly identify and organize coins by date and mint mark, handling several coins every second. Picture dumping a mixed batch into the hopper and watching them land in bins labeled ‘Keep’, ‘Toss’, or ‘Check Later’ – perfect for isolating key dates or varieties. I imagined sourcing coins through companies like Brinks or even selling machines to other enthusiasts. The real draw? It could transform coin roll hunting, making it quicker to search for treasures like pre-1982 copper pennies or rare errors. But as I got deeper into the project, I realized the bigger question wasn’t just about the technology – it was whether this would actually make sense for collectors like us.
Technical Hurdles and Solutions
Building this machine turned out trickier than I expected. Here’s what I’d need to solve:
- A solid database with multiple photos of each coin – we’re talking dozens per variation to cover different angles and wear levels. A shiny uncirculated coin looks nothing like a worn one, so the system must handle all conditions.
- Smart image recognition using edge detection to compare coins against reference images. Close matches get sorted; others get rejected.
- OCR (Optical Character Recognition) to read dates and mint marks once located, but high-speed cameras alone could run thousands of dollars.
- Practical design challenges like bin capacity. I’d stick to three bins to avoid overcomplicating things, though handling big volumes would need clever engineering.
Beyond sorting, this could spot errors or valuable varieties like VAMs on Morgan dollars – something that would really excite serious collectors.
Costs and Market Considerations
Financially, I faced some cold realities. Building the machine would likely cost $5,000 or more, and recouping that through coin finds seems unlikely. For personal use, it might take years to break even after factoring in expenses like buying rolls. Banks or companies like Brinks probably wouldn’t pay extra for date-sorted rolls, limiting bulk opportunities. Selling machines? The market feels small – some collectors might pay up to $10,000 for advanced models that cross-reference eBay listings, but widespread adoption seems doubtful. My advice? Treat this as a passion project, like woodworking. Focus on the build, not profits. Crowdfunding or software licensing could help, but patents and legal fees add risk. Bottom line: don’t expect to get rich – build it for the love of the hobby.
Collector’s Perspective
For us collectors, this machine could be a real time-saver. Imagine automating the hunt for key dates or errors instead of squinting at coins for hours. It might even assist with grading by spotting wear patterns, though nothing replaces human eyes for subtle details. If successful, it could change coin roll hunting by making sorted finds more common, potentially affecting prices for common dates while increasing demand for rarities. My suggestion? Start with a simple prototype focused on one denomination. And remember – while copper melt values are tempting, the real magic is in the hunt itself.
Building Tips from Experience
If you’re itching to try this yourself, here’s what I’d recommend:
- Build a basic prototype first – prove the concept before seeking funding
- Focus on software development – it’s the brains, and licensing it could recover costs
- Budget carefully for cameras, coding time, and legal fees
- Start with specific goals like sorting for melt value or error detection
- Enjoy the process! Our collecting community loves seeing inventive projects
Despite the challenges, I’m still captivated by automation’s potential in coin collecting. It may not be a treasure chest, but as I refine my own design, I’m reminded that every numismatic breakthrough starts with someone tinkering in their garage. Happy hunting – hope your next roll holds something special!