Nickels and pennies okay, how about other denominations?

[involuntary tentacle]

Will CuNi dimes, quarters and half dollars be worth anything post-SHTF?
Once complete faith is lost in paper currency, these coins will still have intrinsic value.

Will the people who have not hoarded Au/Ag/Cu/Ni be completely SOL even with a bunch of CuNi coins stacked?


For anyone who thinks these coins will still have value (albeit way less than the normal coins we hoard), how much are you putting away?

I mean, lets say I have $1000FV of all denominations combined. I could be using that money to buy more important things. However, if things were to get bad out of nowhere, I would not have that money to fall back on. What to do, what to do.

[Tommybee]

The Cupro-Nickel stuff does have value. The melt value. However, for most of these coins the melt value is far below the face value. They'll be better than nothing if the SHTF, but silver, nickel and copper coins will be much better to have.

The only way I could see hoarding CN stuff is if there is no good stuff left. Right now it makes no sense to hoard clad garbage.

[barrytrot]

I would think that the CuNi dimes/quarters/halves would also have at least some Numismatic value also.

Due to the fact that the Canadian government is melting them down their scarcity is increasing daily.

As such, I personally would keep a few rolls just for that reason. Only shiny examples, of course!

[shinnosuke]

I would think that the CuNi dimes/quarters/halves would also have at least some Numismatic value also.

Due to the fact that the Canadian government is melting them down their scarcity is increasing daily.

As such, I personally would keep a few rolls just for that reason. Only shiny examples, of course!

I've seen other posts that mention the melting activities of the Canadian gov't. Could someone point me to an article or official website that provides details, i.e., quantities, goals, time frame, etc.? Is Canada melting only its own coins or US too?

Is the US doing the same thing?

After finding realcent.org, I cashed in all my dimes and quarters that I had saved over the last few years. I wanted their face value to buy pennies.

By the way, over the weekend I sorted 20 rolls of dimes. In roll #8 I found a 1952 Roosevelt, my first good coin in the wild, a bit worn, but nonetheless a cheerful piece of AG. I am now completely hooked.

[barrytrot]

I would think that the CuNi dimes/quarters/halves would also have at least some Numismatic value also.

Due to the fact that the Canadian government is melting them down their scarcity is increasing daily.

As such, I personally would keep a few rolls just for that reason. Only shiny examples, of course!

I've seen other posts that mention the melting activities of the Canadian gov't. Could someone point me to an article or official website that provides details, i.e., quantities, goals, time frame, etc.? Is Canada melting only its own coins or US too?

Is the US doing the same thing?

After finding realcent.org, I cashed in all my dimes and quarters that I had saved over the last few years. I wanted their face value to buy pennies.

By the way, over the weekend I sorted 20 rolls of dimes. In roll #8 I found a 1952 Roosevelt, my first good coin in the wild, a bit worn, but nonetheless a cheerful piece of AG. I am now completely hooked.

fastTT or JadeDragon may have an article or something more concrete, but I think it's fairly common knowledge:

The CA government contracts out to coin processors who filter out all the "good coin" and melt it. They keep a count of the number melted and the CA mint replaces them with "bad coin".

They do not process US coin, other than accidentally.

The US government isn't smart enough to have "bad coin" yet, so naturally they also don't melt it themselves. The US could change to a steel version and start a melt program of their own and make millions of dollars in profit each month. Instead producing a cent or a nickel costs the mint money. Crazy.

[whatsnext]

No, you should not let money sit that could be used for making more money. They will sit as long as you let them, loseing buying power just like cash. Make your money do something b/c sitting money gets skinnier not fatter.

[shinnosuke]

I would think that the CuNi dimes/quarters/halves would also have at least some Numismatic value also.

Due to the fact that the Canadian government is melting them down their scarcity is increasing daily.

As such, I personally would keep a few rolls just for that reason. Only shiny examples, of course!

I've seen other posts that mention the melting activities of the Canadian gov't. Could someone point me to an article or official website that provides details, i.e., quantities, goals, time frame, etc.? Is Canada melting only its own coins or US too?

Is the US doing the same thing?

After finding realcent.org, I cashed in all my dimes and quarters that I had saved over the last few years. I wanted their face value to buy pennies.

By the way, over the weekend I sorted 20 rolls of dimes. In roll #8 I found a 1952 Roosevelt, my first good coin in the wild, a bit worn, but nonetheless a cheerful piece of AG. I am now completely hooked.

fastTT or JadeDragon may have an article or something more concrete, but I think it's fairly common knowledge:

The CA government contracts out to coin processors who filter out all the "good coin" and melt it. They keep a count of the number melted and the CA mint replaces them with "bad coin".

They do not process US coin, other than accidentally.

The US government isn't smart enough to have "bad coin" yet, so naturally they also don't melt it themselves. The US could change to a steel version and start a melt program of their own and make millions of dollars in profit each month. Instead producing a cent or a nickel costs the mint money. Crazy.

Thanks, barrytrot.