Who And Why Do You Think Nickel Will Go Up In Value?

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Author	Replies: 5 / Views: 2,418
samsnate Pillar of the Community Canada 1723 Posts	Posted 03/04/2012 8:03 pm I have seen a lot of roll searches on here looking for particular period nickels for their nickel content. Can I get individual opinions and experiences why do you think nickel will go up in value? Or not go up. Look forward to reading your views. CHEERS! Report this Post to the Staff

sel_69l Bedrock of the Community Australia 21788 Posts	Posted 03/05/2012 06:53 am Nickel is a reasonably scarce critical industrial metal. The price will be related to industrial demand. Report this Post to the Staff
FélixStP New Member Canada 24 Posts	Posted 03/05/2012 10:39 am +1, the price of metals are related to the demand of the product, it's like in numismatic with the value of coins ;) Me I keep all nickels and penny 1981 and - Edited by FélixStP 03/05/2012 10:40 am Report this Post to the Staff
wquinn Pillar of the Community United States 2295 Posts	Posted 03/06/2012 09:26 am Most people save nickels for their copper content. Nickels are 75% copper. Report this Post to the Staff
swrbxxx Pillar of the Community Canada 834 Posts	Posted 03/06/2012 09:38 am Wquinn, Pre 1982 nickels In canada are .999 fine. US nickels yes are 75% copper 25% nickel, I still have no clue why you Americans hoard them. Both copper and nickel would have to greatly rise in price to see any substantial profit, and what most people forget is when melting laws are changed your going to pay huge fees to get these melted down which more than likey would eat up the majority of any profit. Report this Post to the Staff
jbuck Moderator United States 188440 Posts	Posted 03/06/2012 11:57 am Quote: I still have no clue why you Americans hoard them. Both copper and nickel would have to greatly rise in price to see any substantial profit, and what most people forget is when melting laws are changed your going to pay huge fees to get these melted down which more than likey would eat up the majority of any profit. In my opinion, it is a long term play. If it does become profitable in the long run, those that start saving them now (while they are still at face value) will do well. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 5 / Views: 2,418

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