Discussion in 'What's it Worth' started by Vlad, Dec 2, 2004.
silver content cost about $170. How much can cost refining that silver?
Why are they so cheap?
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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.
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