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 Replies: 18 / Views: 3,564 |
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Pillar of the Community
United States
6326 Posts |
Seen in a shop that had a full roll of " War Nickels" for $33.00 ! Now, I've got a WHOLE BUNCH of these already.....so I didn't need them. But was still curious if anybody thought this was a fair price ? (didn't look at the condition of any of them...assuming they're average cond.)......if it was a $1.00 apiece, that'd be $40.00.....so $33.00 might be a good buy ? May go pick them up if it's fair........ Maybe I've already answered my own question........  Edited by eaglefoot
08/09/2008 8:20 pm
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Valued Member
United States
486 Posts |
Too much. Its fair but not a great deal. If I was looking to buy war nickels(which I also have plenty) I would pay about 27 bucs at most per roll. -PP
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Moderator
 United States
16677 Posts |
Well, they are 35% silver. I would say $33 is not bad.
swcoin.ecrater.com
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Valued Member
United States
271 Posts |
Strictly considering the silver content of the War Nickels, at Friday's closing spot price of silver ($15.29), a roll of War Nickels is worth $34.41, so the $33 price tag is barely under melt value. Considering silver has fallen about $2/oz over the past week or so, it could be seen as a good pick up, assuming that silver will bounce back to the $17+ range... ...just my $0.02  |
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Pillar of the Community
United States
7123 Posts |
33 bucks for circulated at todays market is about an equity purchase (even up) I expect silver to go up again before the end of the year If you have the decretionary funds to hoard them for a few months there will be profit in them a little later on .
BU's bright white like I buy are still in the 15 to 20 dollar range per coin .
they are a tough market in the higher grades !
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Valued Member
United States
392 Posts |
that's a little high I think I can purchase War Nickels at my local coin shop for $.60 each |
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Valued Member
United States
486 Posts |
kceb10, Yeah that is a pretty good deal. I bought some from a guy selling them for 40 cents once. -PP
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Pillar of the Community
United States
581 Posts |
I have always noticed that War Nickels sell for less than other "junk silver" of the same silver content. I'm not sure why that is. Maybe because they take more bulk for the amount of silver. Or perhaps because the well circulated ones are downright ugly and filthy. I can't help but wonder whether, in the long term, War Nickels might be the cheapest way to buy junk silver in the form of coinage. |
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Moderator
United States
187702 Posts |
Quote:I have always noticed that War Nickels sell for less than other "junk silver" of the same silver content. I'm not sure why that is. I believe it is because this alloy makes it more difficult to extract the silver. The silver is not as accessible as it is with other silver coins. |
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Pillar of the Community
 United States
6326 Posts |
All good reasoning and thoughts here...... Though, I guess I'm still undecided......I won't/don't buy coins for a "turnaround profit", neither quickly or long term, I just buy to "hoard" and build my collection for future generations of my family or something to that affect. When I get to retirement age, who knows....some things could certainly go.....duplicates.....junk silver.....etc. etc.... I don't view War Nickels as "junk silver" and I think they have a worthy spot in anyones collection, so "if/when" opportunities arrive....I either decide it's a good buy.....or not so much ..... It seems to be about 50/50 with opinions here on $33.00 for a roll of "circulated"........ |
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Pillar of the Community
United States
615 Posts |
It is very easy (might not be cheap) to remove the silver from 40% and 90% silver/copper coins. Nitric acid will ionize both and then adding excess copper to the mixture should "push" the silver out of the solution. Getting Nitric acid might be hard though. I would guess there are ways to do it cheaper. Still the War Nickels are three metals in the alloy vs two metals. -SWUSC |
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Rest in Peace
United States
2668 Posts |
Would they be good to melt down and use as the mid-step in chroming?
Chroming is normally base metal-copper-nickel-chromium, a three step process for good chrome adherence. Could these be used for a good two-step process, base metal-melted nickels-chrome?
Edited by Parklane64
08/12/2008 4:51 pm
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Pillar of the Community
United States
6326 Posts |
 ..... ...... I would never contemplate such a thing with my " War Nickels" .... |
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Bedrock of the Community
United States
20753 Posts |
Everyone is kind of forgetting the dates and Mint marks on those. When rolled by someone they may not have been aware of some of the values nor what to look for. Due to such ignorances I've found such coins as a 42/41 Mercury dime in a junk pile at a flea market. Some double dies have been recently found in those War Nickels. For that price it would pay to take a chance. As long as they have dates and Mint marks, nothing to loose coin wise. |
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Pillar of the Community
United States
6326 Posts |
Interesting Carl......I think that's what I needed !.....a little somepun to push me towards the decision to go after em' !....... That info is enough right there !....  '43 P 3 over 2
'43 P Doubled Eye
'45 P Doubled-Die ReverseAny one of these would make the whole purchase worthwhile (they're in an antique store) and if there's no goodies......still worth $33.00 for a roll to me I believe........ (.80 some since apiece for a War Nickel isn't that bad...)
Edited by eaglefoot
08/14/2008 08:44 am
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Pillar of the Community
United States
2602 Posts |
Today's silver price would land you at 73 cents apiece for silver nickels or about $29.20 for the roll. Check ebay listings ending today and I bet you find some below $30 a roll, including shipping. And yes, check them for the rare varieties. |
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Replies: 18 / Views: 3,564 |
Posted 08/09/2008 8:23 pm
