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Good price for War Nickels?

PostPosted: Tue Dec 28, 2010 12:12 pm
by newton7
Have a person wanting to sell some but I have yet to dabble in silver nickels other than what I get locally for 5 cents each. What would you pay and do your coin shops buy them?

Re: Good price for War Nickels?

PostPosted: Tue Dec 28, 2010 12:57 pm
by NDFarmer
Did they give you a price? What do they want for each one? According to coinflation they are worth about $1.60 each.

Re: Good price for War Nickels?

PostPosted: Tue Dec 28, 2010 1:03 pm
by newton7
He will do 300 coins for $430. Thats 25.46 per oz of silver, sounds too good a deal.

Do people not like them that much?`

Re: Good price for War Nickels?

PostPosted: Tue Dec 28, 2010 1:24 pm
by wayne1956
Unless you are going to keep them for some time, most places will not give you much for them as most do not like to mess with them. The place I usually take my 40% to sell will only give me about 75% of melt for them. Last ones I sold they were worth about 1.05 per coinflation, but the shop would only pay me 75 cents each. And they do give me a very fair price for my 40%.

Re: Good price for War Nickels?

PostPosted: Tue Dec 28, 2010 6:12 pm
by 999Ni
yea they are the less desirable ones, but i still hoard & love 'em. silver is silver to me!

I think you should get his price down a little maybe around $400.

Re: Good price for War Nickels?

PostPosted: Tue Dec 28, 2010 7:06 pm
by fasteddy
get the price down to around a buck each then you are ok...doubt the coin shop will give you more than .80 apiece currently.

Re: Good price for War Nickels?

PostPosted: Tue Dec 28, 2010 7:50 pm
by newton7
Yea, I passed on them. Thanks everybody!