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A reminder on our jefferson nickels.
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<p>[QUOTE="Check_M_All, post: 163000, member: 6661"]An uncirculated roll will only command a premium if being resold to a collector. Otherwise, it would only be worth its melt value. </p><p><br /></p><p>It's the inevitable result of inflation in our fiat economy. There's not much that can be done. In time the quarter and half dollar will find themselves in the same place, though the dime will take much longer with its small size compared to its face value.</p><p><br /></p><p>Aluminum is still cheap enough to coin below face value, but that also would change in time. Steel is very cheap and might make a good option. It's been about a year since I've taken steel in for recycling, but if I remember correctly, I got less than $4.00 for 100lbs. </p><p><br /></p><p>My thought is that if you can afford not to spend your nickels and you have room to save them... it can't hurt. Worst case is the melt never comes and you've got a bunch of nickels saved up that you can cash in... Given inflation, it's fair to change Mr. Franklin's quote to a nickel saved is a nickel earned. Not quite so bad, the melt comes and you cash in by having your nickels melted. Stellar, you became a guardian of the newest rare coin and have built a nice collection that you can cash in on by providing these coins to collectors who have long overlooked and find it difficult to obtain them.[/QUOTE]</p><p><br /></p>
[QUOTE="Check_M_All, post: 163000, member: 6661"]An uncirculated roll will only command a premium if being resold to a collector. Otherwise, it would only be worth its melt value. It's the inevitable result of inflation in our fiat economy. There's not much that can be done. In time the quarter and half dollar will find themselves in the same place, though the dime will take much longer with its small size compared to its face value. Aluminum is still cheap enough to coin below face value, but that also would change in time. Steel is very cheap and might make a good option. It's been about a year since I've taken steel in for recycling, but if I remember correctly, I got less than $4.00 for 100lbs. My thought is that if you can afford not to spend your nickels and you have room to save them... it can't hurt. Worst case is the melt never comes and you've got a bunch of nickels saved up that you can cash in... Given inflation, it's fair to change Mr. Franklin's quote to a nickel saved is a nickel earned. Not quite so bad, the melt comes and you cash in by having your nickels melted. Stellar, you became a guardian of the newest rare coin and have built a nice collection that you can cash in on by providing these coins to collectors who have long overlooked and find it difficult to obtain them.[/QUOTE]
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A reminder on our jefferson nickels.
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