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Question About War Nickels

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 Posted 02/16/2011  1:45 pm  Show Profile   Bookmark this reply Add rkrj to your friends list
If I got anything there let me know
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 Posted 02/16/2011  1:49 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list
Based on your description...nothing special...but I'd keep them just as I would wheat cents.
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 Posted 02/16/2011  1:53 pm  Show Profile   Bookmark this reply Add rkrj to your friends list
Oh I plan on keeping them, but I am not familiar with the Henning nickels and what years they are
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 Posted 02/16/2011  2:07 pm  Show Profile   Bookmark this reply Add Cud Wild to your friends list
I got a good question about WWII nickels. Why are WWII nickels going for a dollar or more a piece on ebay. At most they are worth about 75 cents a piece. 75 cents is the high end value. I'm not complaining becuase its more money I'm making on WWII nickels but in the long run I wouldnt pay no more than 50 cents a piece for them.
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 Posted 02/16/2011  2:34 pm  Show Profile   Bookmark this reply Add rkrj to your friends list
My guess is because they were only made for 3 years, they have silver value and they are already nearly 70 years old... Odds are these coins are only going to go up in value as the get more rare
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 Posted 02/16/2011  2:56 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list
Cud Wild, silver content value is $1.74 on those nickels
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 Posted 02/16/2011  3:05 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list


Yep........ "silver" War Nickels is the reason....though the 2009 P Nickel is outpricing that one with NO silver I think isn't it ? ....
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 Posted 02/16/2011  4:00 pm  Show Profile   Bookmark this reply Add Cud Wild to your friends list
Maineman750: The silver content in a WWII nickel is only about 50 some cents.
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 Posted 02/16/2011  4:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Actually, it is about $1.73 now.

5 grams weight, 35% silver = 1.75 grams of silver per nickel (not accounting for wear)

Silver spot (as I post this) is $30.69 per troy ounce (31.1034768 grams)

1.75 * (30.69 / 31.1034768) = 1.72673622
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 Posted 02/16/2011  4:33 pm  Show Profile   Bookmark this reply Add Cud Wild to your friends list
My bad then I added wrong. Thanks for the corrections. I guess they are worth about 1.73 a piece then.
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 Posted 02/16/2011  5:12 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list


CudWild...there are plenty of websites that post current coin melt values...no adding required (my favorite way).
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 Posted 02/16/2011  7:20 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list
jbuck...math was my bread and butter for 24 years....let the computer do it
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 Posted 02/17/2011  11:01 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
I got a good question about WWII nickels. Why are WWII nickels going for a dollar or more a piece on ebay. At most they are worth about 75 cents a piece. 75 cents is the high end value. I'm not complaining becuase its more money I'm making on WWII nickels but in the long run I wouldnt pay no more than 50 cents a piece for them.


I suspect the reason is the oddity of them attracts people. There are lots of those little plastic cases with oddities in them for sale all the time. Examples are the WW2 Nickels, ond of each type of Nickel like a Liberty Head, Buffalo, Jefferson. Then too there are the 3 Steel 1943 Lincoln Cents, One of each type of Dime, One of each type od cent, etc. Not sure who makes those little plastic cases but I sse hem all the time on ebay, flea markets, coin stores, everywhere. Placing a set of WW2 Nickels together makes a sort of selling point so the prices are inflated dramatically.
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