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<p>[QUOTE="krispy, post: 2102255, member: 19065"]I personally don't think the OPs idea was going to produce the intended results in the time he devoted to this venture, and unless the current coins began a period of official recall before any such composition change was announced, they'd probably only remain a spatial burden, as well as a financial debt in the way of easy liquidity (don't just show up to a bank branch with a few hundred dollars or more worth of nickels to cash in-- you will not be welcomed in that bank!), and decades upon decades away from serving as some sort of inflation hedge or alternative currency in a prepper/stacker/survivalist mind-set<a href="http://www.thesurvivalistblog.net/silver-nickels-and-golden-dimes/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.thesurvivalistblog.net/silver-nickels-and-golden-dimes/" rel="nofollow"><b>*</b></a>. Even if there was a composition change, there would likely be as many collectors hassling banks for the new versions as there would be others skulking about for the old composition coins.</p><p><br /></p><p>There's nothing inherently wrong in having tried and learned something from this venture, and I'm sure that will always guide the OPs decision making in such matters fairly well from now on. There's nothing wrong with having done this and just stowing away what you managed to sort out of your change and hold on to for whatever reason. Unless that amount of money held in nickels is hindering your budget or burning a hole in your pocket for something else, you might as well just hang on to them in case you change your mind and decide you want them for something later, since you've already done the work of culling them and finding a place to hold them.</p><p><br /></p><p>If you look at the immense volume of how many of these single type coins there are, just the current Jefferson nickels alone, they are as common as dirt and they will be around for ages, literally littering the earth. All those people out there burying pipes full of nickel coins are just repeating human behaviors of centuries ago. Think of the hordes of coins churned up in the UK and Europe that we hear about in news reports quiet frequently, dating back to Ancient eras of coinage. People are still cleaning the dirt off Ancients!</p><p><br /></p><p>There are more coins out there than anyone could ever hope to lay hands on enough of to benefit from them under such conditions. And there are more than enough to go around and held among collectors to overturn the short term hopes of realizing a profit just because of a composition change.</p><p><br /></p><p>If only I had a nickel for every time someone had such an idea, I'd probably be a thousand-aire! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie56" alt=":inpain:" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 2102255, member: 19065"]I personally don't think the OPs idea was going to produce the intended results in the time he devoted to this venture, and unless the current coins began a period of official recall before any such composition change was announced, they'd probably only remain a spatial burden, as well as a financial debt in the way of easy liquidity (don't just show up to a bank branch with a few hundred dollars or more worth of nickels to cash in-- you will not be welcomed in that bank!), and decades upon decades away from serving as some sort of inflation hedge or alternative currency in a prepper/stacker/survivalist mind-set[URL='http://www.thesurvivalistblog.net/silver-nickels-and-golden-dimes/'][B]*[/B][/URL]. Even if there was a composition change, there would likely be as many collectors hassling banks for the new versions as there would be others skulking about for the old composition coins. There's nothing inherently wrong in having tried and learned something from this venture, and I'm sure that will always guide the OPs decision making in such matters fairly well from now on. There's nothing wrong with having done this and just stowing away what you managed to sort out of your change and hold on to for whatever reason. Unless that amount of money held in nickels is hindering your budget or burning a hole in your pocket for something else, you might as well just hang on to them in case you change your mind and decide you want them for something later, since you've already done the work of culling them and finding a place to hold them. If you look at the immense volume of how many of these single type coins there are, just the current Jefferson nickels alone, they are as common as dirt and they will be around for ages, literally littering the earth. All those people out there burying pipes full of nickel coins are just repeating human behaviors of centuries ago. Think of the hordes of coins churned up in the UK and Europe that we hear about in news reports quiet frequently, dating back to Ancient eras of coinage. People are still cleaning the dirt off Ancients! There are more coins out there than anyone could ever hope to lay hands on enough of to benefit from them under such conditions. And there are more than enough to go around and held among collectors to overturn the short term hopes of realizing a profit just because of a composition change. If only I had a nickel for every time someone had such an idea, I'd probably be a thousand-aire! :inpain: :D[/QUOTE]
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