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<p>[QUOTE=&quot;fatima, post: 1076932, member: 22143&quot;]So if you are suggesting that it would be profitable for a refiner to call up a bank(s), order up several truck loads of nickels, have them delivered to the refinery, and dumped into the refining process because this would be cheaper?&nbsp;&nbsp; I don&#039;t think this idea intersects with reality.&nbsp; These are the reasons.</p><p><br /></p><ul> <li>Refiners operate in quantities that fill trains.&nbsp; Visit a metal refiner and you will always find a railroad spur.&nbsp; How do you fill a train with nickels</li> <li>Nobody has explained how sufficient quantities of nickel coins could be delivered to a refiner to make refining the copper and other metals out of it profitable.&nbsp; We are talking about multiple tons of metal being handled at each pass.&nbsp; (this isn&#039;t like melting silver and gold)</li> <li>Refiners operate on the business of taking unusable material and making it into the usable.&nbsp; This is their value add.&nbsp; Nickels are already a refined product so there is no profit in attempting to refine it into another product.</li> <li>Refiners profits are based on scrap costs.&nbsp;&nbsp; This normally far less than &quot;melt value&quot;.</li> </ul><p><br /></p><p>I continue to maintain that the &quot;concept&quot; of coin hording because coins are worth more than the metal is just that, a &quot;concept&quot;.&nbsp;&nbsp; There is no economic case for doing it.&nbsp;&nbsp; Arguments that people will horde items because they think there is profit in it, is an opinion, but it doesn&#039;t change the realities that it isn&#039;t happening.[/QUOTE]</p><p><br /></p>

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