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Replies: 19 / Views: 3,504 |
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Pillar of the Community
United States
556 Posts |
So since I've had quite a bit of luck with War Nickels, I've wondered if I should trade my spare War Nickels that I already have on my Whitman for some 90% coins. Right now I only have 6 spares which is probably only enough to get a few dimes, but I want to know if down the road, when I have like a roll of the things, if I should trade them in for some coins with a higher silver content or just keep them.
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Pillar of the Community
614 Posts |
Id trade for higher silver content. Id gladly trade with you except for the fact that I'm trying to go the same way you are.
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Bedrock of the Community
13014 Posts |
Id trade if possible. Higher silver content is also more sought after
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Pillar of the Community
United States
3184 Posts |
trade if possible but most people would not trade you 90% for War Nickels....
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Pillar of the Community
United States
3345 Posts |
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Pillar of the Community
 United States
556 Posts |
Ok, thanks for your responses. I'll see if I can trade with my dealer, and if not, I'll find someone here as soon as I reach 250 posts.
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Pillar of the Community
United States
1770 Posts |
yep always go for the highest content
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Valued Member
United States
161 Posts |
Even with a dealer it may be hard to make that trade as 90% is easier to unload but if the trade is in his favor enough I'm sure you can make a deal.
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Pillar of the Community
United States
3294 Posts |
I know personally that when I try to trade them, people seem to want 2 war nickles per 90% dime.
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New Member
United States
33 Posts |
The amount of silver in those 6 War Nickels as of posting is worth $11.16 Since they have some value outside of just their silver content, I bet you could trade those 6 in to a coin dealer for either a 1948-63 franklin dollar or a 64 kennedy. But say, If you were selling them to someone who just wanted them for the silver content, with the money from that you could buy 2 40% Kennedy halves, which is hardly a percentage upgrade but they're easier to keep track of. Just here to do the math for you :)
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Pillar of the Community
United States
3294 Posts |
You probably can't go by straight up silver value in cases where the % is so low though. Refining costs are a consideration and are 6x higher for 35% then for 90% so most dealers probably won't trade out a 90% half for 6 War Nickels.
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Pillar of the Community
 United States
556 Posts |
I didn't really think about that nod, but that makes sense. Do you think I could probably get a 90% quarter or at least a dime for 7 War Nickels? (Found another one so I put 7 instead of 6)
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New Member
United States
33 Posts |
You could get a quarter easily.
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Pillar of the Community
United States
3294 Posts |
Quarter no problem, maybe both a dime and a quarter for 7 war nicks
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Valued Member
United States
408 Posts |
I have traded combinations of 90 and 40% silver for war nickles here on the forum. I had a need for X number of silver nickles so agreed to a trade. When you have the proper number of posts, chances are someone will be willing to trade. Maybe me. :)
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Pillar of the Community
United States
745 Posts |
1942-1945 War nickles are 35% silver, 56% copper, 9% manganese Silver % is low, Refining costs are higher for 35% vs 90% silver coins PLUS you are not allowed to melt nickles & pennies! War nickles are worst method to buy/hold silver, most dealers do not want to deal with these unless in BU/MS
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Replies: 19 / Views: 3,504 |