Question About War Nickels - Page 2

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Author	Replies: 31 / Views: 4,145	Page: of 3

rkrj Valued Member United States 277 Posts	Posted 02/16/2011 1:44 pm Well I got 26 dollars in nickels yesterday (plus 70 in quarters and 4 in pennies) I went through the nickels and here is what I found. 1940 no mint mark, 1942 no mint mark, 1946 no mint mark, 2 - 1947 no mint marks, 1948 no mint marks, 1952 no mint mark, 1957 P and no mint mark, 1958 D, 2 - 1959 D's and 1 with no mint mark and a 1969 S in great condition (I still have trouble grading) but I think it is a proof coin Report this Post to the Staff
rkrj Valued Member United States 277 Posts	Posted 02/16/2011 1:45 pm If I got anything there let me know Report this Post to the Staff
Maineman750 Pillar of the Community United States 3592 Posts	Posted 02/16/2011 1:49 pm Based on your description...nothing special...but I'd keep them just as I would wheat cents. Report this Post to the Staff
rkrj Valued Member United States 277 Posts	Posted 02/16/2011 1:53 pm Oh I plan on keeping them, but I am not familiar with the Henning nickels and what years they are Report this Post to the Staff
Cud Wild Valued Member United States 302 Posts	Posted 02/16/2011 2:07 pm I got a good question about WWII nickels. Why are WWII nickels going for a dollar or more a piece on ebay. At most they are worth about 75 cents a piece. 75 cents is the high end value. I'm not complaining becuase its more money I'm making on WWII nickels but in the long run I wouldnt pay no more than 50 cents a piece for them. Report this Post to the Staff
rkrj Valued Member United States 277 Posts	Posted 02/16/2011 2:34 pm My guess is because they were only made for 3 years, they have silver value and they are already nearly 70 years old... Odds are these coins are only going to go up in value as the get more rare Report this Post to the Staff
Maineman750 Pillar of the Community United States 3592 Posts	Posted 02/16/2011 2:56 pm Cud Wild, silver content value is $1.74 on those nickels Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 02/16/2011 3:05 pm Yep........ "silver" War Nickels is the reason....though the 2009 P Nickel is outpricing that one with NO silver I think isn't it ? .... Report this Post to the Staff
Cud Wild Valued Member United States 302 Posts	Posted 02/16/2011 4:00 pm Maineman750: The silver content in a WWII nickel is only about 50 some cents. Report this Post to the Staff
jbuck Moderator United States 189185 Posts	Posted 02/16/2011 4:02 pm Actually, it is about $1.73 now. 5 grams weight, 35% silver = 1.75 grams of silver per nickel (not accounting for wear) Silver spot (as I post this) is $30.69 per troy ounce (31.1034768 grams) 1.75 * (30.69 / 31.1034768) = 1.72673622 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
Cud Wild Valued Member United States 302 Posts	Posted 02/16/2011 4:33 pm My bad then I added wrong. Thanks for the corrections. I guess they are worth about 1.73 a piece then. Report this Post to the Staff
Maineman750 Pillar of the Community United States 3592 Posts	Posted 02/16/2011 5:12 pm CudWild...there are plenty of websites that post current coin melt values...no adding required (my favorite way). Report this Post to the Staff
jbuck Moderator United States 189185 Posts	Posted 02/16/2011 5:53 pm But where is the fun in that? Math is cool! 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
Maineman750 Pillar of the Community United States 3592 Posts	Posted 02/16/2011 7:20 pm jbuck...math was my bread and butter for 24 years....let the computer do it Report this Post to the Staff
jbuck Moderator United States 189185 Posts	Posted 02/17/2011 10:47 am Very well then! No further explanation necessary. 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
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