Good price for War Nickels?

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Good price for War Nickels?

Postby newton7 » Tue Dec 28, 2010 12:12 pm

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?
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Re: Good price for War Nickels?

Postby NDFarmer » Tue Dec 28, 2010 12:57 pm

Did they give you a price? What do they want for each one? According to coinflation they are worth about $1.60 each.
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Re: Good price for War Nickels?

Postby newton7 » Tue Dec 28, 2010 1:03 pm

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?`
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Re: Good price for War Nickels?

Postby wayne1956 » Tue Dec 28, 2010 1:24 pm

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%.
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Re: Good price for War Nickels?

Postby 999Ni » Tue Dec 28, 2010 6:12 pm

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.
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Re: Good price for War Nickels?

Postby fasteddy » Tue Dec 28, 2010 7:06 pm

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.
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Re: Good price for War Nickels?

Postby newton7 » Tue Dec 28, 2010 7:50 pm

Yea, I passed on them. Thanks everybody!
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