UPDATE We bought Canadian .999 Nickels at .8 face today!!!

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.

UPDATE We bought Canadian .999 Nickels at .8 face today!!!

Postby henrysmedford » Tue Nov 13, 2012 7:27 pm

Today I asked about Canadian coins at the LCS and found they buy at .6 and sell at .8 face. The only rule he has is you have to buy the hole tray of what he has at the time so the nickel tray had only $6.25 face so we got it for $5.00 and we go one chrome 1953 and one 1751-1951 and $3.75 in pre 1982 nickel. :mrgreen: We also found first come first served and someone cleared him out last week of all of his Canadian coins. So we now will ask more often.
Image
Image
Last edited by henrysmedford on Sat Nov 17, 2012 6:03 pm, edited 2 times in total.
User avatar
henrysmedford
Super Post Hoarder
 
Posts: 3814
Joined: Sun Oct 10, 2010 11:10 am
Location: Cascadia

Re: We bought Canadian .999 Nickels at .8 face today!!!

Postby Rodebaugh » Tue Nov 13, 2012 7:43 pm

very nice grab......pays to ask
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: We bought Canadian .999 Nickels at .8 face today!!!

Postby SilverDragon72 » Tue Nov 13, 2012 8:41 pm

I've come across some Canadian .999 nickels from my LCS from time to time. ;)
User avatar
SilverDragon72
1000+ Penny Miser Member
 
Posts: 1609
Joined: Mon Feb 27, 2012 6:16 pm
Location: South Central Wisconsin

Re: We bought Canadian .999 Nickels at .8 face today!!!

Postby frugalcanuck » Tue Nov 13, 2012 9:57 pm

Up where I am the LCS patrons all give me dirty looks for asking if they have any... I think they think Im turning them into scrap metal or something. Only the blue collar looking people at the coin show booths will even talk about .999 Ni nickles. Im starting to believe I have some snobby LCS.
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent." John Kenneth Galbraith 1975
frugalcanuck
Penny Hoarding Member
 
Posts: 753
Joined: Sun Apr 25, 2010 10:00 am

Re: We bought Canadian .999 Nickels at .8 face today!!!

Postby TXBullion » Tue Nov 13, 2012 10:05 pm

frugalcanuck wrote:Up where I am the LCS patrons all give me dirty looks for asking if they have any... I think they think Im turning them into scrap metal or something. Only the blue collar looking people at the coin show booths will even talk about .999 Ni nickles. Im starting to believe I have some snobby LCS.


Dont worry, was a coin show and didnt see anyone selling bulk pre 82 lincolns. we might be low class, idiots , or onto something :lol:
User avatar
TXBullion
Too Busy Posting to Hoard Anything Else
 
Posts: 4779
Joined: Fri Apr 09, 2010 3:00 pm

Re: We bought Canadian .999 Nickels at .8 face today!!!

Postby scyther » Thu Nov 15, 2012 3:59 am

Cool. If I could buy them at that price, I definitely would. I can't stomach the premiums Canadians nickels usually carry...
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
User avatar
scyther
1000+ Penny Miser Member
 
Posts: 1391
Joined: Tue Mar 27, 2012 4:19 pm

Re: We bought Canadian .999 Nickels at .8 face today!!!

Postby reddirtcoins » Thu Nov 15, 2012 7:22 am

TXBullion wrote:
frugalcanuck wrote:Up where I am the LCS patrons all give me dirty looks for asking if they have any... I think they think Im turning them into scrap metal or something. Only the blue collar looking people at the coin show booths will even talk about .999 Ni nickles. Im starting to believe I have some snobby LCS.


Dont worry, was a coin show and didnt see anyone selling bulk pre 82 lincolns. we might be low class, idiots , or onto something :lol:



One day, those pre82's will be like having a bag of liberty's and peoples jaws will drop. I tell my daughter, just keep them for the grand-kids. In 2080 they'll really be worth something.
"Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold."- Leo Tolstoy
User avatar
reddirtcoins
1000+ Penny Miser Member
 
Posts: 1478
Joined: Tue May 17, 2011 7:19 pm
Location: Oklahoma

Re: UPDATE We bought Canadian .999 Nickels at .8 face today!

Postby henrysmedford » Sat Nov 17, 2012 6:06 pm

We went back today and got more at a .8 of face.
Image
Scanned Image 123230000.jpg
Scanned Image 123230000.jpg (173.57 KiB) Viewed 3886 times
Last edited by henrysmedford on Sun Nov 18, 2012 12:24 pm, edited 1 time in total.
User avatar
henrysmedford
Super Post Hoarder
 
Posts: 3814
Joined: Sun Oct 10, 2010 11:10 am
Location: Cascadia

Re: UPDATE We bought Canadian .999 Nickels at .8 face today!

Postby mtalbot_ca » Sat Nov 17, 2012 8:39 pm

You have to get a nickel album now....
Common sense should prevail if not, misery will.
User avatar
mtalbot_ca
1000+ Penny Miser Member
 
Posts: 1101
Joined: Tue Nov 16, 2010 6:59 pm

Re: UPDATE We bought Canadian .999 Nickels at .8 face today!

Postby ZenOps » Sat Nov 17, 2012 10:38 pm

Nice score. George V are prized.

I'm going to have to figure out how to put up the pictures of the British cupronickel half crowns and florins scores at my local shop. Amazingly enough, also at 0.8x face (after factoring conversion from shillings, to pence, then to Canadian) Pre 1970 British pennies are always at least 1.5x copper spot.
Beaver collector
User avatar
ZenOps
Penny Collector Member
 
Posts: 402
Joined: Sat Sep 10, 2011 7:00 pm

Re: UPDATE We bought Canadian .999 Nickels at .8 face today!

Postby henrysmedford » Sun Nov 18, 2012 9:19 am

mtalbot_ca wrote:You have to get a nickel album now....
:mrgreen:
Image
Image
User avatar
henrysmedford
Super Post Hoarder
 
Posts: 3814
Joined: Sun Oct 10, 2010 11:10 am
Location: Cascadia

Re: UPDATE We bought Canadian .999 Nickels at .8 face today!

Postby mtalbot_ca » Sun Nov 18, 2012 1:01 pm

That is a lot....

Congrats,

Mario
Common sense should prevail if not, misery will.
User avatar
mtalbot_ca
1000+ Penny Miser Member
 
Posts: 1101
Joined: Tue Nov 16, 2010 6:59 pm

Re: UPDATE We bought Canadian .999 Nickels at .8 face today!

Postby moneydog » Wed Dec 19, 2012 1:37 am

nice buy :thumbup:
moneydog
Penny Pincher Member
 
Posts: 124
Joined: Tue Apr 26, 2011 12:17 am

Re: UPDATE We bought Canadian .999 Nickels at .8 face today!

Postby SilverDragon72 » Sun Jan 06, 2013 10:52 am

I ended up getting some Canadian nickels at .8 face value too! Only a couple bucks worth, but I'll take it! Plus I added more than 100 canadian coppers to the mix as well :thumbup:
User avatar
SilverDragon72
1000+ Penny Miser Member
 
Posts: 1609
Joined: Mon Feb 27, 2012 6:16 pm
Location: South Central Wisconsin


Return to Nickel Bullion & CuNi Bullion Coins

Who is online

Users browsing this forum: No registered users and 10 guests