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<p>[QUOTE="sunflower, post: 913632, member: 23219"]Well, Well, Well. Finally, someone has my heart pumping. I have been picking up nickels as I have the funds for about two years now. My nice and sweet local bank gets them for me at their convenience. I also pickup rolls when I have an extra 10$ on hand. </p><p> </p><p>I enjoyed the article. However, I might confess that what first sparked me onto nickels was quite different than what was outlined in the article. My spark comes from a more personal experience as a buyer of stainless steel (SS) in a former profession. I use to buy rolled and sheet SS - specifically, extra-deep-draw stainless steel (EDDSS) and other metals for a deep draw manufacturer back in the 1980's. </p><p> </p><p>There are other important physcial properties to SS. Besides nickel, chromium also played a big part in our most successful production runs. Not all EDDSS physical test reports were equal. The ones with the highest combination of Ni and Chromium were sought for the jobs with the highest scrap yield. So that is the background info I need to communicate to explain why I look to nickels when I consider my belief that Stainless Steel will become more and more desired. Perhaps production will cut back, or more likely will have difficultly keeping up with demand in large emerging economies. Some of the countries that use to supply SS are also considered more vulnerable to issues such as political turmoil, war, and economic collaspe. </p><p> </p><p>Flight sensitive SS is also high in nickel. So, it is from a true industrial need that I think nickels will have their hayday. One of the earlier posters, cited the potential of a personal hoard at $4,000 face on nickels. $4,000 face on nickels would take a while to reach. I am not even half way there and I have been collecting for quite a while. I figure it will be in about 2 years that the writing will be on the wall to whether the US Mint will modify or cease the current composition for nickel cents. That is not much time. </p><p> </p><p>I figure if worse comes to worse, that if someone trys to steal, they would need a wheel borrow. I am adding to my hiding places all the time. I worry more about forgetting where the nickels are stored than if they will carry a premium in the future. Packrats are an issue where I live, and nickels would make a dandy victim to be carried off and hoarded. </p><p> </p><p>Lastly, I go through paper currency like water at times. When I am dealing with coin, I am much better aware of my spending choices. Most offen I get bags and boxes ($200 & $100 respectively). As a gal with a bad back, I sometimes have to postpone picking up my bank orders. </p><p> </p><p>Obviously, this thread was a treat to stumble upon. I no longer feel like the only odd ball out there.[/QUOTE]</p><p><br /></p>
[QUOTE="sunflower, post: 913632, member: 23219"]Well, Well, Well. Finally, someone has my heart pumping. I have been picking up nickels as I have the funds for about two years now. My nice and sweet local bank gets them for me at their convenience. I also pickup rolls when I have an extra 10$ on hand. I enjoyed the article. However, I might confess that what first sparked me onto nickels was quite different than what was outlined in the article. My spark comes from a more personal experience as a buyer of stainless steel (SS) in a former profession. I use to buy rolled and sheet SS - specifically, extra-deep-draw stainless steel (EDDSS) and other metals for a deep draw manufacturer back in the 1980's. There are other important physcial properties to SS. Besides nickel, chromium also played a big part in our most successful production runs. Not all EDDSS physical test reports were equal. The ones with the highest combination of Ni and Chromium were sought for the jobs with the highest scrap yield. So that is the background info I need to communicate to explain why I look to nickels when I consider my belief that Stainless Steel will become more and more desired. Perhaps production will cut back, or more likely will have difficultly keeping up with demand in large emerging economies. Some of the countries that use to supply SS are also considered more vulnerable to issues such as political turmoil, war, and economic collaspe. Flight sensitive SS is also high in nickel. So, it is from a true industrial need that I think nickels will have their hayday. One of the earlier posters, cited the potential of a personal hoard at $4,000 face on nickels. $4,000 face on nickels would take a while to reach. I am not even half way there and I have been collecting for quite a while. I figure it will be in about 2 years that the writing will be on the wall to whether the US Mint will modify or cease the current composition for nickel cents. That is not much time. I figure if worse comes to worse, that if someone trys to steal, they would need a wheel borrow. I am adding to my hiding places all the time. I worry more about forgetting where the nickels are stored than if they will carry a premium in the future. Packrats are an issue where I live, and nickels would make a dandy victim to be carried off and hoarded. Lastly, I go through paper currency like water at times. When I am dealing with coin, I am much better aware of my spending choices. Most offen I get bags and boxes ($200 & $100 respectively). As a gal with a bad back, I sometimes have to postpone picking up my bank orders. Obviously, this thread was a treat to stumble upon. I no longer feel like the only odd ball out there.[/QUOTE]
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