Need Cash

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.

Need Cash

Postby OtusLotus » Tue Jul 10, 2012 11:47 am

I have about $250 of IKEs (not silver) and about the same in nickels...

Should I cash in the IKEs or the Nickels?
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Re: Need Cash

Postby fasteddy » Tue Jul 10, 2012 2:16 pm

yep...sell...the Ikes may bring in $1.10 here on RC. Dump the nics I don't think you will get a premium for them on RC.
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Re: Need Cash

Postby natsb88 » Tue Jul 10, 2012 2:20 pm

I'd cash in the nickels. You can easily get more from the bank later. Ikes don't show up at the bank very often.
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Re: Need Cash

Postby bman » Tue Jul 10, 2012 4:16 pm

cash them both in and buy a box of half dollars to search for silver. :P
my old Realcent feedback thread: http://realcent.org/viewtopic.php?f=32&t=171
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Re: Need Cash

Postby Z00 » Tue Jul 10, 2012 4:31 pm

You will not get a premium for the nickels. As was stated you can always get more later.
I buy Ikes for a small premium but I only get paid on the 3rd Wed each month. And I can usually only swing about a hundred.
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Re: Need Cash

Postby Pachucko » Tue Jul 10, 2012 6:02 pm

OtusLotus, just sent you a PM.
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Re: Need Cash

Postby scyther » Tue Jul 10, 2012 6:04 pm

Wish I had known Ikes were somewhat rare. I've spent 3 of mine at convenience stores in the last 2 months...
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
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Re: Need Cash

Postby OtusLotus » Wed Jul 11, 2012 11:16 pm

To be honest.... I thought everyone was going to say sell the IKEs... I even carried them all in a knapsack last weekend to dump them.

Looks like the nickels are the losers (or winners)!
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Re: Need Cash

Postby Robarons » Fri Jul 13, 2012 1:28 pm

Ikes havent been in circulation in 30-40 years and are cool. These should be cash at the last resort.

Nickels are endless supply right now with no premium at all. Sell these and buy them back later. Remember at these prices even if they legalized melting nickels they still wouldnt melt them because its Cupro-Nickel and by the time everyone takes their cut- the coin will be placed right about face value!
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Re: Need Cash

Postby Thogey » Fri Jul 13, 2012 1:31 pm

If you go to garage sales or flea markets you can usually get better prices if you pay with IKEs.
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Re: Need Cash

Postby ZenOps » Fri Jul 13, 2012 2:06 pm

Depends.

They are starting to institute a 13 cent per roll charge here in Canada at one of the major banks. Meaning the small change will definitely be more expensive to get later.
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Re: Need Cash

Postby silverbullusa » Sat Jul 21, 2012 9:12 am

ZenOps wrote:Depends.

They are starting to institute a 13 cent per roll charge here in Canada at one of the major banks. Meaning the small change will definitely be more expensive to get later.


Interesting..........but not a shock to say the least.......
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Re: Need Cash

Postby fansubs_ca » Mon Jul 30, 2012 3:31 am

ZenOps wrote:Depends.

They are starting to institute a 13 cent per roll charge here in Canada at one of the major banks. Meaning the small change will definitely be more expensive to get later.


Which bank? I've been getting pennies at Royal Bank no fee, I even score the occasional
box of pennies from TD and don't even have an account there.

Just wondering if it's a nationwide policy or just certain branches or regions.
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Re: Need Cash

Postby wolvesdad » Mon Jul 30, 2012 6:57 am

You didn't mention if these are sorted or special nickels. If they are just bank rolls of common nickels, then I say sell them too.
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