You probably paid too much.
Long and short is that the silver in
War Nickels will be much more costly to "extract" than the silver in 90% silver coins. That may be to the composition or the fact that there are far fewer
War Nickels than 90% silver coins.
My advice. Avoid like the Bubonic Plague. They are only valuable if the silver can be extracted easily.
Imagine. Your local bank going up in smoke. Wouldn't have thought it possible..... Imagine the DOW below 7000..... Wouldn't have thought it possible.....
Imagine.....
I'm not trying to be difficult here.
War Nickels have ALWAYS been cheap if you figure out how much silver is in each coin or roll. The point is that if it ever got down to actually melting them for the silver, it would require an entire different process and it would inevitably be more costly.
So DO NOT look at
War Nickels and figure out their silver content and bid accordingly because they will NEVER have the same value as 90& silver coins such as the Walkers or Barbers.
By the Way, that's also why 40% silver, various world silver and other silver proof coins go for "less" than others.
When the smelters are melting, they don't like goofy and unusual things.