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<p>[QUOTE="GDJMSP, post: 153463, member: 112"]No it's not illegal to melt down US coins. You have it done at just about any smelter's. And no, usually it is not worth it because of the smelting costs.</p><p><br /></p><p>Just because it costs 7 cents to buy the metal to mint a nickel, that doesn't mean that someone will pay you 7 cents for a nickel. If you tried to sell nickels to a smelter for the metal value, I seriously doubt that you would get more than 3 1/2 cents each.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 153463, member: 112"]No it's not illegal to melt down US coins. You have it done at just about any smelter's. And no, usually it is not worth it because of the smelting costs. Just because it costs 7 cents to buy the metal to mint a nickel, that doesn't mean that someone will pay you 7 cents for a nickel. If you tried to sell nickels to a smelter for the metal value, I seriously doubt that you would get more than 3 1/2 cents each.[/QUOTE]
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New record high for jefferson nickel
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