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 Replies: 23 / Views: 3,809 |
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Valued Member
Australia
278 Posts |
and once you are able to sell.
I could be keen to buy a few, but I am in australia.
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Pillar of the Community
United States
836 Posts |
The thing I don't get is just because a law says you can't melt nickels and pennies, what keeps places from doing it? Once it is melted you can't tell what it was, or do they have to report and record everything they melt and turn it in to the government?
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Pillar of the Community
United States
3276 Posts |
Quote:
The thing I don't get is just because a law says you can't melt nickels and pennies, what keeps places from doing it? Once it is melted you can't tell what it was, or do they have to report and record everything they melt and turn it in to the government? Laws are laws and people break laws every day. People probably do melt cents, and nickels, but if they are caught they would get in trouble. You can't burn currency, but I bet if I burned a $1 bill in my room right now no one would find out and I would not get in trouble. But that doesn't make it legal. What keeps people from melting these coins is the law against it and the consequences of doing so that people want to avoid. |
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Pillar of the Community
United States
3283 Posts |
I think $1.40 is a very good deal for War Nickels in bulk. I would do it. You can turn a profit right away, wait a while and see what the market does, or add them to your collection. I would just keep a roll and sell the extras. Edited by upstate
08/19/2011 10:30 am
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Pillar of the Community
United States
1745 Posts |
I agree, good deal and easy to sell on ebay. |
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Pillar of the Community
United States
1151 Posts |
I'd jump right on it. Sounds like an excellent deal to me.
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Valued Member
United States
439 Posts |
I buy alot of silver coins and I would grab that in a second.
No brainer.
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Pillar of the Community
United States
4778 Posts |
Go for it. It should be a pretty nice resell.
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Bedrock of the Community
United States
20753 Posts |
IF your going to buy them for Silver, I suggest you first find a place to resell them. And for a profit. Remember that if Silver starts to fall in price, your going to be stuck with something you don't want, can't use, can't sell.
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Valued Member
United States
277 Posts |
Buy them! It's worth it. 50 coins at $1.40 each, you could help alot of people fill album holes at close to melt and make it worth while. I know I have more holes in the War Nickel era to fill than I would like. So I know you could do it quite easily. |
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Pillar of the Community
United States
667 Posts |
Must not be a lot of bullion people on the section. War Nickles are now being bought for $37.73 at $1.00 face. So if you are going to buy at $1.40 you are paying $28. I sold 655 to APMEX on Monday I was in a hurry so I settled for $34.23 at $1.00 face for a total of $1,121. Not bad for $32.75 worth of nickles. |
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Valued Member
United States
63 Posts |
655 nickles for a total of $1,121 = $1.71 each
Silver Value 1942-1945 Nickel = $2.4137
so that's is 70% of actual Silver Value ...
what % of actual Silver Value paid on dimes?
dimes are $3.1033 today
70% for Silver Nickels seems lower that other silver coins
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Pillar of the Community
United States
667 Posts |
Bill I did the math fast but I believe each nickle was worth $2.15, silver was at $38.30 when I sold them. So I sold them for 80%.
I bought these when silver was just under $5.00 so I made more than enough on them to let them go.
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Valued Member
United States
466 Posts |
I see War Nickels in bargain bins at the one coin show I attend for like 1.25 a piece I always forget to write down which ones I need though then again if I am going to buy the coins I would rather get nicer coins rather then dark circulated War Nickelsplus I am 5 coins away from a circulated set. Based on melt value it might be a good investment you wouldn't lose money, so I would jump on it |
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Valued Member
United States
63 Posts |
you are 5 coins away from a circulated set.
of what?
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Replies: 23 / Views: 3,809 |
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Posted 08/19/2011 12:34 am
