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War Nickels for .45 cent under spot.
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<p>[QUOTE="mkoenig, post: 1158535, member: 28164"]I just scored 5 rolls of war nickels for $2.00 each. The melt at the time was $2.45</p><p><br /></p><p>So for each of the 1942-1945 nickels i bought i made a .45 profit.</p><p><br /></p><p>I purchased 200, and 200 x .45 = $90</p><p><br /></p><p>I made $90 on a $400 investment, that's super cool.</p><p><br /></p><p>I was doing a quick comparison. Since the quick rise in silver prices all the coins in the display were around .40 to .60 under melt value, had i purchased Morgans, or Halves, or Mercury dimes i would have only had a $10-$20 profit. But nickels gave me $90 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I think I'm going to start buying nickels. Another good thing is the fact that they are only 35% silver and worth around $1.50 to the average collector. So even if the silver price drops im pretty insulated.[/QUOTE]</p><p><br /></p>
[QUOTE="mkoenig, post: 1158535, member: 28164"]I just scored 5 rolls of war nickels for $2.00 each. The melt at the time was $2.45 So for each of the 1942-1945 nickels i bought i made a .45 profit. I purchased 200, and 200 x .45 = $90 I made $90 on a $400 investment, that's super cool. I was doing a quick comparison. Since the quick rise in silver prices all the coins in the display were around .40 to .60 under melt value, had i purchased Morgans, or Halves, or Mercury dimes i would have only had a $10-$20 profit. But nickels gave me $90 :eek: I think I'm going to start buying nickels. Another good thing is the fact that they are only 35% silver and worth around $1.50 to the average collector. So even if the silver price drops im pretty insulated.[/QUOTE]
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War Nickels for .45 cent under spot.
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