war nickels

I saw 10 rolls were sold for $125, plus $6 shipping. meantime at $7,5
silver content cost about $170. How much can cost refining that silver?
Why are they so cheap?

 

Log in or Sign up to hide this ad.

I thought those nickels were only 35% silver and weighed 5 grams. Not sure if I did the math right. I came up with $85.

 

.05626 oz. ASW x 40 coins per roll x $7.88 spot (9 a.m. 12/2) x 10 rolls = $177.33 melt value.

Perhaps the seller is basing his pricing on his cost plus a profit margin and doesn't realize how much he is leaving on the table at today's silver price.

 

Thanks. It wasn't my math, it was my lack of knowledge about nickels. I used 20 per roll.

 

If there are any possibility to refine that silver and sell it? Or sell it directly to refiners? May be in large quantities only? There ae almostly for 1 cent in copper in each coin, can it cover the expense>?