Message:

<p>[QUOTE=&quot;yakpoo, post: 1371557, member: 18157&quot;]In the spirit of <span style="color: #ff0000"><i><b>FREE MONEY!!!</b></i></span>, let&#039;s take a look at Nickels. The January 30th edition of Coin World (Page #23) shows that the 2011 production cost of the Jefferson nickel is 9.38¢ (per 5¢ nickel). I was wondering...how much of this is just material?</p><p><br /></p><p>1. Nickels are composed of 75% Copper and 25% Nickel.</p><p>2. One nickel weighs five (5) grams.</p><p>3. One roll of nickels weighs 200 grams; 150 grams of Copper, 50 grams of Nickel.</p><p>4. Today&#039;s Copper price: $3.86/lbs</p><p>5. Today&#039;s Nickel price: $9.40/lbs</p><p>6. 453.6 grams per avoirdupois pound.</p><p><br /></p><p>Nickel: 50 / 453.6 = 11% of a Pound</p><p>Copper: 150 / 453.6 = 33% of a Pound</p><p><br /></p><p>Nickel: $9.40 * 11% = $1.03</p><p>Copper: $3.86 * 33% = $1.27</p><p><br /></p><p><i><b>Total: </b></i>$2.00 Roll of Nickels contain $2.30 of PMs</p><p><br /></p><p><font size="5">and that, my friends, is <b><i>30¢</i></b> of <span style="color: #ff0000"><i><b>FREE MONEY!!!</b></i></span></font> :hail:[/QUOTE]</p><p><br /></p>

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