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 Nickel Bullion & CuNi Bullion Coins
 why do you pay melt value for Nickles and..
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Coinage
Penny Collector Member

Canada
303 Posts

Posted - 10/21/2009 :  15:14:59  Show Profile Send Coinage a Private Message
why do you pay melt value for Nickles but I see people selling under melt value for Copper penny?


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  • Neckro
    1000+ Penny Miser Member



    Saudi Arabia
    2080 Posts

    Posted - 10/21/2009 :  15:18:28  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
    Because you can get them for face?

    Trolling is an art.
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    jadedragon
    Administrator



    Canada
    3788 Posts

    Posted - 10/21/2009 :  15:33:43  Show Profile Send jadedragon a Private Message
    Ni Nickels are harder to find in Canada, and not generally available in the US at all unless Canadians sell them to Americans. Also Ni nickels are 100% Ni vs US Copper Pennies that are only 95% Cu. Canadian 98% Cu pennies carry a bit of premium over the US Cu pennies too.

    “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
    Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
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    fasTTcar
    Penny Hoarding Member



    Canada
    573 Posts

    Posted - 10/21/2009 :  17:15:05  Show Profile Send fasTTcar a Private Message
    Because we sell nickels too cheaply.

    We should be getting a higher premium as the percentage drops.


    www.londongoldbuyer.com
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    slickeast
    1000+ Penny Miser Member



    USA
    2533 Posts

    Posted - 10/21/2009 :  17:47:20  Show Profile Send slickeast a Private Message
    Supply and demand.

    You don't have to be the BEST you just have to be.......SLICK

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    Computer Jones
    1000+ Penny Miser Member



    USA
    1112 Posts

    Posted - 10/21/2009 :  22:51:46  Show Profile Send Computer Jones a Private Message
    Buy low and sell high.
    Basic Capitalism 101.

    There's profit if you melt things!!
    8{>
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