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 Replies: 19 / Views: 3,518 |
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Pillar of the Community
 United States
556 Posts |
Ok, thanks for your responses. I'll see if I can trade with my dealer, and if not, I'll find someone here as soon as I reach 250 posts.
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Pillar of the Community
United States
1770 Posts |
yep always go for the highest content
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Valued Member
United States
161 Posts |
Even with a dealer it may be hard to make that trade as 90% is easier to unload but if the trade is in his favor enough I'm sure you can make a deal.
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Pillar of the Community
United States
3294 Posts |
I know personally that when I try to trade them, people seem to want 2 war nickles per 90% dime.
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New Member
United States
33 Posts |
The amount of silver in those 6 War Nickels as of posting is worth $11.16 Since they have some value outside of just their silver content, I bet you could trade those 6 in to a coin dealer for either a 1948-63 franklin dollar or a 64 kennedy. But say, If you were selling them to someone who just wanted them for the silver content, with the money from that you could buy 2 40% Kennedy halves, which is hardly a percentage upgrade but they're easier to keep track of. Just here to do the math for you :) |
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Pillar of the Community
United States
3294 Posts |
You probably can't go by straight up silver value in cases where the % is so low though. Refining costs are a consideration and are 6x higher for 35% then for 90% so most dealers probably won't trade out a 90% half for 6 War Nickels. |
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Pillar of the Community
United States
556 Posts |
I didn't really think about that nod, but that makes sense. Do you think I could probably get a 90% quarter or at least a dime for 7 War Nickels? (Found another one so I put 7 instead of 6) |
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New Member
United States
33 Posts |
You could get a quarter easily.
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Pillar of the Community
United States
3294 Posts |
Quarter no problem, maybe both a dime and a quarter for 7 war nicks
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Valued Member
United States
408 Posts |
I have traded combinations of 90 and 40% silver for war nickles
here on the forum. I had a need for X number of silver nickles so
agreed to a trade. When you have the proper number of posts, chances
are someone will be willing to trade. Maybe me. :)
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Pillar of the Community
United States
745 Posts |
1942-1945 War nickles are 35% silver, 56% copper, 9% manganese
Silver % is low, Refining costs are higher for 35% vs 90% silver coins
PLUS you are not allowed to melt nickles & pennies!
War nickles are worst method to buy/hold silver, most dealers do not want to deal with these unless in BU/MS
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Valued Member
United States
60 Posts |
I talked with one of the dealers in my town about this and they said they would be willing to trade but their terms were not exactly great. He wanted 5 nickles for a dime. I could do better selling the nickles off online and then buying silver.
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Pillar of the Community
United States
622 Posts |
WOW. Don't do that my friend. I'm not in the least bit interested but I would still give a dime for 2 or 2.5 Nicks all day long. I'd imagine there are many people here that would do better than that.
OO
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Pillar of the Community
United States
3294 Posts |
Yeah, that is pretty low, but I am not super surprised that he offered that little. Dealers aren't all that keen on these or the 40%.
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Pillar of the Community
United States
556 Posts |
So I was able to talk to the dealer today and he gave me 3 silver dimes for 8 War Nickels (Yes I found another one). And here's the kicker, they were all Mercury dimes!  |
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Replies: 19 / Views: 3,518 |
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First Page
Posted 09/11/2012 7:16 pm
