Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
A reminder on our jefferson nickels.
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 163642, member: 66"]Assuming you could find a recycler who would take them, and assuming he gave you one fourth the excess value ove face that the metal was worth, your profit would be . . . $100. That's right $1000 dollars in nickels contains $1,400 worth of metal.</p><p><br /></p><p><br /></p><p>Your're right they did. "Why bother hanging on to those silver quarters, they're only worth 26 cents each."</p><p><br /></p><p>In the mid 70's before the big run up in silver people were constantly buying and selling silver at three times face. Well right now the pre 82 cents are worth 2.4 times face. In my lifetime I fully expect to see coin dealers at shows running bags of copper cents through their counters buying Lincoln cents the way they did/do buy silver cons. Right now a $50 face bag of pre-82 lincolns has almost $125 dollars worth of copper in it. At some point the recyclers are going to realize that they CAN recycle US coins and the market for cent bags will begin.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 163642, member: 66"]Assuming you could find a recycler who would take them, and assuming he gave you one fourth the excess value ove face that the metal was worth, your profit would be . . . $100. That's right $1000 dollars in nickels contains $1,400 worth of metal. Your're right they did. "Why bother hanging on to those silver quarters, they're only worth 26 cents each." In the mid 70's before the big run up in silver people were constantly buying and selling silver at three times face. Well right now the pre 82 cents are worth 2.4 times face. In my lifetime I fully expect to see coin dealers at shows running bags of copper cents through their counters buying Lincoln cents the way they did/do buy silver cons. Right now a $50 face bag of pre-82 lincolns has almost $125 dollars worth of copper in it. At some point the recyclers are going to realize that they CAN recycle US coins and the market for cent bags will begin.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
A reminder on our jefferson nickels.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...