Nickel at $7.06

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Nickel at $7.06

Postby My2Cents » Mon Jul 23, 2012 7:24 pm

I see the $6 range coming real soon.
"Paper money eventually returns to its intrinsic value - Zero" Voltaire
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Re: Nickel at $7.06

Postby John_doe » Mon Jul 23, 2012 8:37 pm

agree. if the us decides to strike iran (i honestly do not think they will unless russia pushes syria more), i don't see this happening though.

all in all, likely to drop more.
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Re: Nickel at $7.06

Postby SilverDragon72 » Mon Jul 23, 2012 8:51 pm

Good! Hope it drops down some more! Need to stack more Nickel anyways....
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Re: Nickel at $7.06

Postby InfleXion » Fri Jul 27, 2012 4:53 pm

I'll be picking up some 99.9% Canadian nickels here shortly. Just like the pennies, they're going to be discontinued. Dual play for the metal and the collector value IMO. Nickel is currently up on the week too.
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Re: Nickel at $7.06

Postby Derek.Sheriff » Sat Jul 28, 2012 2:32 am

I haven't searched for great deals as much as I have for silver and coppers, but it just doesn't seem like .999 nickels have gone down in price proportional to the price of nickel. Anyone else noticed anything different?
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Re: Nickel at $7.06

Postby Robarons » Sat Jul 28, 2012 3:34 am

Yup they have

But their is a floor to .999 nickels in my opinion in people put their time and effort into the price along with factoring what they should be worth.

10 cents each plus shipping seems to be rock bottom- any less and you lose on the effort to get them and get the feeling your selling them too cheap to what they should really be priced at.
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Re: Nickel at $7.06

Postby Derek.Sheriff » Sat Jul 28, 2012 3:41 am

It seems to me that they have numismatic value beyond the melt value and the labor involved. Especially for Americans.

Robarons wrote:Yup they have

But their is a floor to .999 nickels in my opinion in people put their time and effort into the price along with factoring what they should be worth.

10 cents each plus shipping seems to be rock bottom- any less and you lose on the effort to get them and get the feeling your selling them too cheap to what they should really be priced at.
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Re: Nickel at $7.06

Postby Robarons » Sat Jul 28, 2012 3:51 am

Yeah I would agree- more on King George or Young Queens. But the 1965-1981 they made so many that they really should only be considered bullion.

Nickel dimes and quarters have the same novelty as nickels, but I spend them because the face value both over shadows the nickel and collectable values.

Also do not confuse numismatic value with premiums- when nickels where priced 15 cents each at melt they were that way because of the metal than anything else, it would be difficult to get any more than that to capture any numismatic value
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Re: Nickel at $7.06

Postby Derek.Sheriff » Sat Jul 28, 2012 4:18 am

Robarons wrote:
Also do not confuse numismatic value with premiums-


Gotcha :)
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Re: Nickel at $7.06

Postby ZenOps » Sun Jul 29, 2012 11:34 pm

I consider Canadian 1970, 1967, 1965 and earlier nickels to have a slight numismatic value.

For dimes, nothing is worth keeping, yet. Quarters, I will keep the provincial 1992 sets if I happen to run across one, but will not actively hunt them.
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