Stocking up on Nickels?

[jcountry]

I know these things won't be worth what pre-1964 silver is, but I wonder if they are worth socking away?

http://www.survivalblog.com/nickels.html

Current value is about 7.5 cents per..... Wonder what they will be worth when they change the metal content to 0% copper.....

 

[BIKER13]

I'm stocking up on tire weights and black powder,caps.Molds for the M/L

 

[Chris Mac]

There seems to be a drive to stock up on nickels - I've seen this on multiple prepper/survivalist sites. With the ability to buy at face value, you're basically getting a big discount to melt value. The only problem is no market for melting nickels unless you're going to be offering hundreds or thousands of pounds at a time. Even then, I think people are front running stocking nickels in the event that there is some melt value in the future that refiners are willing to pay for.

Pennies seem to offer the same value. But again, no refining market exists for low volume recycling efforts.

If I had $200 in my hand, I'd rather buy 4-5 silver eagles, a 1/10 oz. gold eagle or 90% silver coins. They're highly recognized and easy to trade or sell.

 

[bootgun]

I just offered my co-workers 10 pennies for 2 nickles and no one would take my pennies and I got 6 nickles for free!

 

[jcountry]

This was the first I have heard of this nickel thing....

I am not planning on buying hundreds of dollars worth of these things, but I would think that if/when the metal composition changes, I would bet the value will jump. Keep in mind that not much of that pre-1964 stuff is actually melted down, but it sure has jumped in value like crazy.

A lot of folks turned up their noses at pre-1964 silver for many years, but that stuff ain't passed up so much these days.

 

[mm30004]

I've got a good bit of the pre-64 / junk silver myself. I wish I had more dimes...they'll be the easiest to work with if it comes to bartering!

 

[Outlander]

If I had $200 in my hand, I'd rather buy 4-5 silver eagles, a 1/10 oz. gold eagle or 90% silver coins. They're highly recognized and easy to trade or sell.

^^^This^^^

 

[GaMudd]

I started keeping the nickels when I empty out my Coke machine at work. Not really sure why, but maybe someday I'll have enough to buy a really nice aluminum foil hat.

 

[Outlander]

I started keeping the nickels when I empty out my Coke machine at work. Not really sure why, but maybe someday I'll have enough to buy a really nice aluminum foil hat.

I have a few aluminum foil hats that you can have for free

 

[jcountry]

You can't have mine! (It is custom-made.... Art Bell limited edition.)