war nickels

Discussion in 'What's it Worth' started by Vlad, Dec 2, 2004.

  1. Vlad

    Vlad Senior Member

    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?
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  3. nesvt

    nesvt Coin Hoarder

    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.
  4. satootoko

    satootoko Retired

    .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. :eek:
  5. nesvt

    nesvt Coin Hoarder

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

    Vlad Senior Member

    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>?
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