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<p>[QUOTE="Endeavor, post: 2135254, member: 60292"]As Mr. Flute pointed out, melt value is currently below face value. Even if it were more than face value, you could be losing money if melt value goes down from the time you acquire the nickel. You could also make the case that you are "losing money" if melt value goes up but the value of other things you could be invested in instead goes up more. As I said previously, that difference in higher potential earnings is called opportunity cost.</p><p><br /></p><p>As for nickel and copper someday in the future being todays gold and silver, I'm doubtful they will ever appreciate that much (at least within our lifetime). I stopped hoarding recent date nickels because there is no point in it when I can go into a bank anytime and buy as many as I want without having to sort through them (since the composition hasn't changed). I do keep older/scarce date nickels however. As for copper pennies I do set those aside since they are no longer in production.[/QUOTE]</p><p><br /></p>
[QUOTE="Endeavor, post: 2135254, member: 60292"]As Mr. Flute pointed out, melt value is currently below face value. Even if it were more than face value, you could be losing money if melt value goes down from the time you acquire the nickel. You could also make the case that you are "losing money" if melt value goes up but the value of other things you could be invested in instead goes up more. As I said previously, that difference in higher potential earnings is called opportunity cost. As for nickel and copper someday in the future being todays gold and silver, I'm doubtful they will ever appreciate that much (at least within our lifetime). I stopped hoarding recent date nickels because there is no point in it when I can go into a bank anytime and buy as many as I want without having to sort through them (since the composition hasn't changed). I do keep older/scarce date nickels however. As for copper pennies I do set those aside since they are no longer in production.[/QUOTE]
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