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This Is A Must Read....nickel.....

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Pillar of the Community
United States
1234 Posts
 Posted 01/16/2014  1:01 pm  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list
Let's all step into my time machine... the dials are set for January 16th 1970... clad coins are slowly becoming more and more prevalent in coin rolls but silver is still not much over face value. Buy a candy bar with a silver quarter and get a nickel and a few cents back. The crazy hoarders are hoarding. The melting has started and key dates are being created.

This-Is-A-Must-Read....nickel.....

Now let's see what 2020 will be like... melt value of a nickel quarter, 23 cents... buy a candy bar with 5-6 of them and get a steel nickel back, maybe.

One more stop... 2061 Halley's comet is on it's way back. A 1973 Mountie quarter is sold for the record price of $87! but a candy bar costs $20.

Now back in good old 2014... get a full date set or two and sit on them, a full roll of each denomination for each year and your great grand kids may be able to go to collage on it.
Pillar of the Community
Canada
1049 Posts
 Posted 01/16/2014  3:28 pm  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list
Lol Aslan, ty for the stats chart, and one never knows what coins of today will do in the future, there is one certainty tho........................................they'll rust lol.

hmmmmmmmmmmm.......perhaps a good sideline business would be coin undercoating lol......

Jon
Pillar of the Community
United States
1234 Posts
 Posted 01/16/2014  5:02 pm  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list
Well they are stainless steel

Quote:
but a candy bar costs $20.

I spent a $1 SAC on a candy bar the same day that I spent $22 on a $1 Morgan... I'll never forget the screaming fit my mother had when I was a kid and the price of a candy bar hit 25 CENTS! I'm talking about the real bars, that took a day and half to get through because you passed out from diabetic comma half way through. Even the ones called KING sized now are just not the same ... uphill both ways and the candy bars were a cent... but no Playstations, ahhh the good ole' days


Quote:
Silver nickels coming back? Hahahaha


The US nickels were silver during the war, the Canadians did the same thing they are doing now, only now they call it multi-plated steel.

If you look up silver War Nickel's one of the first things it says is the mint mark was moved and made larger in order to easily spot and remove them from circulation. Everything I've seen lately says the US mint is not searching for silver, I guess I might believe that, maybe they are just hoping the CHR are doing the job for them, and it is not worth it for them to take the time. I have to wonder thou how hard it is to get a computerized coin sorter to pick the silver out?
Pillar of the Community
United States
1750 Posts
 Posted 01/17/2014  8:35 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list
Won't affect the USA much. Our dime and quarter are only 8 pct Nickel.

Only coin it may affect is our 5 cent piece. Probably another year or two and we'll be on nickel plated steel for that coin.
Pillar of the Community
Canada
2805 Posts
 Posted 01/18/2014  12:59 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list
Optical coin acceptors are being experimented with in the EU. The Thai 10-baht coin is so similar to 2€ that comparing a picture of the coin's design is almost the only way to tell them apart. This could mean an upcoming segregation of Canadian and American change... and say goodbye to the trick of using French francs as Canadian quarters!
Rest in Peace
1988 Posts
 Posted 01/18/2014  1:58 pm  Show Profile   Bookmark this reply Add wert to your friends list
Well...lets go back to wooden nickels from the 50's....we have lots of wood in Canada don't we...
Edited by wert
01/18/2014 2:00 pm
Pillar of the Community
United States
1234 Posts
 Posted 01/18/2014  2:47 pm  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list
WOODEN Nickels...
This-Is-A-Must-Read....nickel.....

and you thought it was a joke
Edited by ASLAN TVorlon
01/18/2014 2:50 pm
Pillar of the Community
Canada
1049 Posts
 Posted 01/18/2014  2:54 pm  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list
good idea there, Niagara Falls stills sells them, so apparently there's a market still in place lol.
Pillar of the Community
Canada
1049 Posts
 Posted 01/18/2014  3:14 pm  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list
DE, I thought your 5 cent was already clad steel, that surprises me after all the billions minted what the reserve would save by nickel clad steel. Thanks for the info.
Pillar of the Community
Canada
2805 Posts
 Posted 01/18/2014  3:34 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list
I wonder why we don't like clad in Canada?
Edited by nalaberong
01/18/2014 3:34 pm
Pillar of the Community
Canada
1049 Posts
 Posted 01/18/2014  3:38 pm  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list
I personally don't like it much, I metal detect and the coins I find are a mess of rust, the bank hates to see me come in with rolls of them, they say they just toss them because they cannot recirculate them or send them back to the mint. That seems a little odd that they can't get credit on them. No lifetime warranty I guess lol.
Pillar of the Community
Canada
1049 Posts
 Posted 01/18/2014  3:41 pm  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list
just like all other products manufactured, planned obsolescence in the design.
Pillar of the Community
Canada
3692 Posts
 Posted 01/18/2014  4:30 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
My grandma lives in the countryside and I live in the big city. She watches the news and thinks it's a warzone, always telling me to be safe. Last time I saw her she told me not to take any wooden nickels. Ha!
Pillar of the Community
Canada
1049 Posts
 Posted 01/18/2014  5:45 pm  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list
lol Libertad, my Grandfather always said the same thing, an era expression I guess.
Pillar of the Community
Canada
1049 Posts
 Posted 01/21/2014  02:03 am  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list
here's the latest update on the topic

http://www.mining.com/report-china-...paign=digest

now I wonder how the rise from 20 to 60 % export tax will reflect on the nickel market, and inclusive of other metals exported.............
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