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 Replies: 11 / Views: 1,685 |
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Pillar of the Community
Australia
4411 Posts |
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Pillar of the Community
United States
4897 Posts |
Yeah! You are NOT wrong! Run away! There is about $1 silver in the chain + the nickel = $1.05 worth of goods. Also NO way the nickel is a proof...
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Pillar of the Community
United States
1027 Posts |
Nickels containing 35% silver (and 56% copper and 9% manganese) were minted during WWII. Those nickels all have mint marks that are a large letter above Monticello on the reverse of the coin. Common US silver coins were (and still are in special mint offerings) 90% silver and 10% copper. As far as I know, the US has never produced a coin in Sterling silver (typically 92.5%). The WWII silver nickels can be purchased in quality similar to the (non-silver) one shown on ebay for $1.60 or less. Each silver nickel contains ~1.75 grams of silver or about 0.056 troy ounces worth $1.82 at the current $32.43 spot. Even a copy of a nickel made in sterling silver would only contain around $5 worth of silver today. Edited by clairhardesty
03/16/2012 09:28 am
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Pillar of the Community
 Australia
4411 Posts |
I have also noticed another of the bidders also has 0 feedback and has bid on 4 items, three of which belong to this chap. Thanks for confirming what I had though  |
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Valued Member
Canada
316 Posts |
don't buy. new seller, untruthful description, no returns, 1x 0 feedback buyer , other 2 not regular e-bayers. I think there in there for the chain not the coins. Got to agree with amida17.
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Valued Member
United States
309 Posts |
Shouldn't he be reported to ebay? |
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Pillar of the Community
United States
1054 Posts |
I feel sorry for the buyer, we have to educate ourselves this day in age.
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Pillar of the Community
United States
4901 Posts |
The auction has ended so reporting the item is not a choice. Seller has never sold anything on ebay and he/she has nothing else for sale. The buyer (in Australia) obviously had no clue what they purchased. There are a lot more appropriate silver products for sale for the price paid for this item. It is even stranger that ANYONE would put a common nickel on chain anyway.... Edited by Foxwoods Man
03/16/2012 11:41 am
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Pillar of the Community
Australia
4411 Posts |
It is my suspicion that the seller actually purchased the coin under an alias. They bid it up with several accounts and hoped for someone stupid to outbid them, no one did... hopefully.
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Pillar of the Community
Australia
7096 Posts |
42p,42s,43p,43d,43s,44p,44d,44s,45p,45d and 45s were the only "Silver" Nickles made as far as I know .
35% silver, 56% copper, 9% manganese
World War II prompted the rationing of many commodities. Nickel was highly valued for use in armor plating, and Congress ordered the removal of this metal from the five-cent piece, effective October 8, 1942. From that date, and lasting through the end of 1945, five-cent pieces bore the regular design but were minted from an alloy of copper, silver and manganese. It was anticipated that these emergency coins would be withdrawn from circulation after the war, so a prominent distinguishing feature was added. Coins from all three mints bore very large mintmarks above the dome of Monticello, and the letter 'P' was used as a mintmark for the first time on a U. S. coin
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Pillar of the Community
United States
1770 Posts |
auction should have ended at 5 cents oops!
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Pillar of the Community
United States
2295 Posts |
Sounds like shill bidding to me on that second bid. Lots of that has been going around on ebay lately. |
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Replies: 11 / Views: 1,685 |
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Posted 03/16/2012 09:16 am
