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Canadian .999 Nickles On The Bay.

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Author Previous TopicReplies: 5 / Views: 1,444Next Topic  
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cladhunter13's Avatar
Canada
1161 Posts
 Posted 10/02/2011  04:20 am Show Profile   Bookmark this topic Add cladhunter13 to your friends list Get a Link to this Message Number of Subscribers
I see that .999 Nickles have been selling for aprox. $120 for 10 lbs give or take a few dollars on the Bay. Maybe I should sell a few of mine. That is a decent profit for just Roll searching Nickles. I was working on getting a full box and I'm not to far from the mark.

Has anyone tried to sell nickles for bullion on the bay. If I remember correctly...the Bay takes around 10% of sale price for listing fees and final value sale. I will have to look into shipping for Canada Post. I see some sellers list shipping as $14.99 flat rate box for Canada. I have not shipped enough to ask about flat rate boxes at Canada Post but I will look in to it on Monday.

Valued Member
Canada
235 Posts
 Posted 10/02/2011  06:48 am  Show Profile   Bookmark this reply Add hopping_rabbit to your friends list Get a Link to this Reply
Ive been hoarding pure nickels for no particular reason....well, particular reason if nickel goes through the roof.....I have never seen anyone selling nickel bullion on ebay though.....havent looked that carefully but seems like an awful small profit margin
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 10/02/2011  10:38 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
I forget but how many 0.999 nickels would be in 10 pounds? I thought I had the specs on these coins and dont.
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cladhunter13's Avatar
Canada
1161 Posts
 Posted 10/02/2011  11:39 am  Show Profile   Bookmark this reply Add cladhunter13 to your friends list Get a Link to this Reply
10 lbs is $50 in Nickels.
Each nickel weighs about 4.54 grams and 100 nickels = one pound.
100 x 10 lbs = 1000 nickels $50 give or take a few depending on how worn the majority of them are.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 10/02/2011  2:04 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
That's right. I knew it was some very nice convenient math but couldn't remember the specifics. Thanks for the info!
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cladhunter13's Avatar
Canada
1161 Posts
 Posted 10/02/2011  2:55 pm  Show Profile   Bookmark this reply Add cladhunter13 to your friends list Get a Link to this Reply
your welcome
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