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Pre-1982 Cents and boxes of nickels...
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<p>[QUOTE="tommybee, post: 879131, member: 24999"]Aside from finding a safe place to store them, I just don't see the downside of doing this. However, I see a potential for a huge upside. It would be great to sell nickel rolls you paid $2 for for $20 ten years from now, wouldn't it? Base metals are going to increase in value. I see it as part of diversifying my "portfolio". I have money in the market (401k) I also have some silver bullion and junk silver. If the market does well, I make money. If the market tanks, I have some precious and base metal holdings so I dont' get wiped out. If there is hyper inflation my metals increase in value, if the dollar is strong my stocks make money. I'm never going to be rich, but I'll never be poor, either. For me this is all just spreading the risk around and not putting all my eggs in one basket. Some of my cock-a-mamie schemes are going to work out and some aren't. Just like any other investment.</p><p><br /></p><p>I'm going to put away 3k worth of nickles and however many cents I come across roll pickin'. ( I do a $25.00 box per week) Then I'm just going to let it roll and see what happens.[/QUOTE]</p><p><br /></p>
[QUOTE="tommybee, post: 879131, member: 24999"]Aside from finding a safe place to store them, I just don't see the downside of doing this. However, I see a potential for a huge upside. It would be great to sell nickel rolls you paid $2 for for $20 ten years from now, wouldn't it? Base metals are going to increase in value. I see it as part of diversifying my "portfolio". I have money in the market (401k) I also have some silver bullion and junk silver. If the market does well, I make money. If the market tanks, I have some precious and base metal holdings so I dont' get wiped out. If there is hyper inflation my metals increase in value, if the dollar is strong my stocks make money. I'm never going to be rich, but I'll never be poor, either. For me this is all just spreading the risk around and not putting all my eggs in one basket. Some of my cock-a-mamie schemes are going to work out and some aren't. Just like any other investment. I'm going to put away 3k worth of nickles and however many cents I come across roll pickin'. ( I do a $25.00 box per week) Then I'm just going to let it roll and see what happens.[/QUOTE]
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