Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Start hoarding nickels?
>
Reply to Thread
Message:
<p>[QUOTE="coleguy, post: 1147489, member: 9167"]If you took a bunch of nickels to a refiner, you'd actually lose money on them. Why? Because for one, just finding a refiner willing to separate the two metals in the coins would be hard enough. It's not a simple process. And, if you did find one, the additional effort to separate the metals will cost more, meaning you'll be lucky to get 30-40% of spot for your coins. It's not as simple as throwing a bunch of coins in a kettle and out pops a nice bar of bullion. If the value of the metal isn't at least 400-600% of the face value of the coin (in mixed metal coinage), you're wasting your time and money.</p><p>Guy[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1147489, member: 9167"]If you took a bunch of nickels to a refiner, you'd actually lose money on them. Why? Because for one, just finding a refiner willing to separate the two metals in the coins would be hard enough. It's not a simple process. And, if you did find one, the additional effort to separate the metals will cost more, meaning you'll be lucky to get 30-40% of spot for your coins. It's not as simple as throwing a bunch of coins in a kettle and out pops a nice bar of bullion. If the value of the metal isn't at least 400-600% of the face value of the coin (in mixed metal coinage), you're wasting your time and money. Guy[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Start hoarding nickels?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...