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 Replies: 21 / Views: 2,910 |
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Moderator
 United States
188770 Posts |
Quote:
...but why the nickels? Is it also commodity driven? The bullion value of the nickel is right around face value, give or take, depending on the market. So, that is partially the reason. The main reason is that I eventually want my son search through them (both cents and nickels) to fill some folders. I cannot trust that the banks will still have boxes-o-plenty by then! He is two now; this gives me some time to build up a nice selection for him.  |
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Pillar of the Community
United States
3592 Posts |
Just did a check....copper penny worth 2.48 cents and a nickle is worth 6 cents at the close of business today.
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Locked
822 Posts |
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copper penny worth 2.48 cents and a nickle is worth 6 cents at the close of business today. Only if you find someone to pay you that, which I doubt you will. |
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Pillar of the Community
United States
1409 Posts |
You can usually get 1.4x face for copper, sometimes more. There have been some pretty strong sales over the past couple of weeks, including a couple I've seen that were over 2x face - which was very surprising.
I keep my copper cents too, but only roll search 3-4 boxes a month.
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Pillar of the Community
United States
3592 Posts |
Quote:
Only if you find someone to pay you that, which I doubt you will. I was quoting bullion value of the coin....however,I have seen a few ebay sales of copper pennies bring 2 1/2 x face value, not always but sometimes.But when I sell mine, you can bet I'll find somebody who will,regardless of your doubts. |
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Pillar of the Community
United States
1026 Posts |
Well I have about 250 rolls of copper cents now and still saving them.
Now nickels never thought of them all nickels or back from a date?
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Pillar of the Community
United States
3592 Posts |
Brucec,right now it's all nickles.Sure makes it easier than picking out the copper pennies.
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Bedrock of the Community
United States
17884 Posts |
Metal value of the nickel is down to five cents today Copper dropped from $3.76 to $2.52 this morning a drop of $1.24 a pound. Almost a 33% drop
Edited by Conder101
10/21/2010 09:26 am
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Pillar of the Community
United States
3592 Posts |
Condor101, not sure what happened but I have copper at $3.78 a pound and nickels still valued at 6 cents....one of our sources is wrong or there was a glitch.
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Valued Member
United States
167 Posts |
canandian nickels 1981 and earlier apparently have about 10 cents of nickel in them according to (124) This link is not allowed by the Staff
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Moderator
United States
188770 Posts |
Quote:
Condor101, not sure what happened but I have copper at $3.78 a pound and nickels still valued at 6 cents....one of our sources is wrong or there was a glitch. No glitch, your posts are two days apart. Copper dropped then came back up. |
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Pillar of the Community
United States
3592 Posts |
Quote:
No glitch, your posts are two days apart. Copper dropped then came back up. Strange, I can't see any charts that show a drop more than a few cents for the last thirty days. |
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Moderator
United States
188770 Posts |
I have to admit, I did not look at a chart. I just noticed that your posts were a couple of days apart; plenty of room for a dip. I will let Conder give his source.
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Pillar of the Community
United States
1450 Posts |
I saw the same number and saw the drop on a chart but it must have been a glitch or another"flash crash" because it was back up again in less than 10 minutes.
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Pillar of the Community
United States
3592 Posts |
Quote:
I saw the same number and saw the drop on a chart but it must have been a glitch or another"flash crash" because it was back up again in less than 10 minutes. Thanks hockingzig, that is what I thought, but it is nice to verify. |
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Posted 10/20/2010 6:31 pm
