Realcent.org

Base Metal & Precious Metals Forum

Skip to content

pennies and nickels

Discussions pertaining to the investing in, collecting and saving of U.S. CuNi Nickels and Canadian Ni and CuNi Nickels, and other coins containing nickel. Put in your "5 cents" here.
Post a reply

pennies and nickels

Postby rexmerdinus » Wed Feb 15, 2012 6:10 pm

http://finance.yahoo.com/news/obama-wan ... 00840.html

Posting this in the penny forum too
My beer and homebrewing blog: http://alemongery.blogspot.com
My wine and winemaking blog: http://connoisseurscorner.blogspot.com
rexmerdinus
Penny Collector Member
 
Posts: 486
Joined: Tue Apr 20, 2010 3:00 pm
Top

Re: pennies and nickels

Postby penny pretty » Sun Mar 11, 2012 12:31 am

nice read. TY!
"Is that a roll of pennies in your pocket?" "Why yes miss, it is... why do you ask?"
User avatar
penny pretty
Penny Hoarding Member
 
Posts: 638
Joined: Mon Sep 26, 2011 10:12 pm
Top

Re: pennies and nickels

Postby robroy » Sun Mar 11, 2012 11:28 pm

I think that if they change the formulation of pennies and nickels all older coins will dry up within a matter of 3 years. I forget how long it took the silver dimes and quarters to dry up, but I don't it was much longer than that.

As I recall, the biggest cause for the silver coins to leave the market was the Hunt brothers and their attempt to corner the silver market. Once the formulation is changed there will be push to allow for the melting down of the older coins, and once that happens they will be scarce.
Don't look back. Something may be gaining on you.

Neither a penny or a nickel is worth face value anymore.

I'm just a poor wayfaring stranger.
robroy
Penny Pincher Member
 
Posts: 119
Joined: Mon Aug 29, 2011 9:00 pm
Top
Post a reply

Return to Nickel Bullion & CuNi Bullion Coins

Who is online

Users browsing this forum: No registered users and 14 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group