dakota1955 wrote:look at the copper pennies to see there value
Copper Catcher wrote:I have repeated this question over and over but I feel the need to do it once again!
Why would some in their right mind want to tie up as an example $1.00 in nickels with a melt value in copper of $1.26 versus investing that same $1.00 in 95% copper pennies where you would get a melt value in copper of $2.65.
Source: http://www.coinflation.com/coin_calculators.html
If you're truly in this for a return on investment and both are betting on copper making the coins worth more than the face value, why tie money up in nickels at all?
It can't be that people here are too lazy to sort...I know that is not the reason!
I know some might tout finding a war nickel... Yet, my response to that would be what about the bonus of finding wheat pennies that sells all day long for .03 to .04 each as well as the added bonus of the occasional Indian Head!
I'll never get why people opt to sort nickels!!
Copper Catcher wrote:I have repeated this question over and over but I feel the need to do it once again!
Why would some in their right mind want to tie up as an example $1.00 in nickels with a melt value in copper of $1.26 versus investing that same $1.00 in 95% copper pennies where you would get a melt value in copper of $2.65.
Source: http://www.coinflation.com/coin_calculators.html
If you're truly in this for a return on investment and both are betting on copper making the coins worth more than the face value, why tie money up in nickels at all?
It can't be that people here are too lazy to sort...I know that is not the reason!
I know some might tout finding a war nickel... Yet, my response to that would be what about the bonus of finding wheat pennies that sells all day long for .03 to .04 each as well as the added bonus of the occasional Indian Head!
I'll never get why people opt to sort nickels!!
HPMBTT wrote:The (nickel) market is not cupro-ating.
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