Jefferson nickel metal value down.

The Philippines 1 Peso weighs 1.3 times as much as the US 5 cent piece so the metal value of a 1 Peso would be 6.77 cents. So if you had 46.775 pesos they would equal 1 US dollar and have a metal value of $3.17 So they are worth three times as much as metal than as money.

 

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big profit margin

the profit could be over 60 million pesos. thanks conder101.

 

And where I live, alot of them are used as Quarters. Mostly in Gum machines and certain other non-electrical vending machines.

 

yes, that's correct

in the early 1980's. philippine ten centavos dated 1975 - 82 can be use to make a phone call in new york city. exchange rate during 1983 is 20 pesos to one dollar. so it was 20 times.

 

new composition start from 2010

i hope the mint will change the composition of cent and nickel starting year 2010. so that the cent for 2009 will be stay the same with previous.

currently the face value of nickel worth $0.052 and the cent worth $0.0047

 

To me, that's a positive -- the holder of a coin with intrinsic value obtains some protection from inflation.

 

comparison

look how close they are?.....intrinsic value.

quarter - 0.0446
nickel - 0.0491
dollar - 0.0544

 

new low

new low for jefferson nickel. now its intrinsic value is only $0.0476.

 

jefferson nickel

jefferson nickel moved up to $0.049 each. near face value.

 

bye bye nickel

nickel face value now worth $0.0402 each.

 

comparison

prez dollar intrinsic value at $0.042 each.

canadian dollar at $0.083 each.

jefferson nickel at $0.035 each.

 

u.s. current coins.

new low for current u.s. coins. like cent is worth 0.0031, nickel is worth 0.031, and prez dollar is worth $0.037 each.

for the meantime, the mint should not worrying about the nickel and cent now.

 

I think they should continue to worry about it and get the needed legislation to be able to change the compositions if needed when if the metal prices rise rather than wallow along like they have for the past two years while it is debated and discussed.

 

nickel face value

jefferson nickel is now below $0.03. to be exact, $0.0297 each.

 

further low

new low for jefferson nickel at $0.0278.
lincoln cent at $0.0028
prez dollar at $0.0329

 

jeffferson nickel now worth only $0.0261. almost face value. the wheat cent worth $0.0114. also near its face value. lincoln cent at $0.00289. while the prez dollar worth $0.0303.

 

nickel back to over $0.03

jefferson nickel up today. it is worth over $0.0305. but still way below face value $0.05 and record high around $0.10

 

jefferson nickel

jefferson nickel and lincoln cent were worth way below the intrinsic value. hopefully the mint don't have to change its composition.

 

no he doesn't. You also might have noticed that the price on metals has declined along with the prices of everything else in the face of a declining economy?

Big suprise?

Nothing has intrinsic value ... its a MYTH and a bad myth.

Ruben

 

jefferson nickel now contained only half of its intrinsic value. the mint should buy more copper, nickel, zinc, silver and so forth. it is time to acquire while the prices of commodities are quiet low and attractive.