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<p>[QUOTE=&quot;cvicisso, post: 1108880, member: 29382&quot;]Just... wow.&nbsp; I must have struck a nerve or something.&nbsp; What&#039;s up?&nbsp; Seriously.</p><p><br /></p><p>I&#039;m actually going to have to agree with your point about me not being able to make up my mind between the dates or metal content.&nbsp; In fact, I mentioned this earlier.&nbsp; And, again, not to insult you or anything, but THAT IS THE POINT:&nbsp; </p><p><br /></p><p><u>The &#039;date&#039; argument</u>: If the government figures out some magical way to pay its bills in the next few years, then the numismatic community powers on as well, and I own 8,000 of the rarest Jefferson nickles minted in over 50 years (excluding errors, of course).</p><p>&nbsp;</p><p><u>The &#039;metal&#039; argument</u>: We&#039;ve beaten this horse already, but... here goes [again]: Jefferson nickels cost the Mint more to make than their face value.&nbsp; Even the METAL content is worth more than their face value.&nbsp; This fact resulted in two recent laws: </p><p><br /></p><ol> <li>It is currently illegal to melt U.S. nickels (presumably for their intrinsic metal content).&nbsp; The same law covers pre-1983 pennies (because of their 95% copper content).</li> <li>A law was signed in December which now allows for the changing of the metal composition of the Jefferson nickel.</li> </ol><p>When this happens (when nickels start being made of steel or zinc or whatever), the BOTTOM-line value for ALL Cu-Ni Jeffersons will default to the &#039;melt&#039; value.&nbsp; That means ANY nickel made before the switch - <i>regardless of condition</i> - will be worth AT LEAST its value in metal alone.&nbsp; The same is true of pre-1965 silver U.S. coins.&nbsp; Unless there&#039;s a hole drilled through it or something, you will not find a 1964 Washington quarter for less than its &#039;silver&#039; value (currently about $5.90).&nbsp; This reaction (as applied to Jefferson nickels instead of silver coins) effectively reduces the premium I paid for the nickels - just as soon as the composition changes, which I expect to be 2012.&nbsp; </p><p><br /></p><p>And I never said anything about civilization collapsing - just major inflation.[/QUOTE]</p><p><br /></p>

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