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george454
Penny Pincher Member
242 Posts |
 Posted - 11/27/2009 : 08:59:43
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Hey guys browsing on the Apmex website usally way to pricy for me but did stumble across something that looked promising for the first time in a long time. I will attach the link, see what you guys think could be a potential score for some nickel bullion, altough it doesnt state the % composition of nickel.
You must be logged in to see this link.
any thoughts?
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 11/27/2009 : 09:06:23
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| Interesting, but I'd want to know exactly how much nickel I'm getting. Also to be marketable at some later date, the metal content of the coin should be easily verifiable. |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 11/27/2009 : 15:03:28
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IMHO that is no deal what so ever. They stated the average size, how thick? Better yet, what do they weigh? Any way for the average person to verify purity?
If you want Ni bullion, there are better ways to acquire it. One way is to buy pre-82 Canadian nickels.
A less expensive alternative is to hit up the coin shows and coin dealers who have junk coin boxes and buy up all the French ½, 1 and 2 Franc coins. They weigh 4.5, 6 and 7.5 grams. Also Netherlands 1 and 2½ Gulden coins. They weigh 6 and 10 grams.
These coins are incredibly abundant. With Ni at $7.28/lb., the MV's range from 7.2¢ thru 16¢ a piece. They can be had for 10¢ each from most coin stores junk boxes, or 12(8.33¢)for a dollar at a coin show.
One thing to keep in mind, the Canadian nickels are still legal tender with a 5¢ face value. The French and Dutch coins are demonetized coins. If the Ni price should tumble and stay there, one would be better off with the Canadian nickels.
But the other side of the coin, you can get the French and Dutch at or under MV. The old saying, the bigger the risk, the bigger the gain...
Personally, I am actively acquiring and hoarding the Francs and Guldens.
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Dumpster Diver
Penny Collector Member
USA
474 Posts |
Posted - 11/28/2009 : 00:07:48
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| Bluegill- what years on the French and Dutch coins should you be on the lookout for? |
"You're not really gonna throw that out...are you"? |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 11/28/2009 : 16:08:41
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½ Franc: '65-'00
1 Franc: '60-'00
2 Franc: '79-'00
1 Gulden: '67-'00
2½ Gulden: '69-'00
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Robarons
Penny Hoarding Member
USA
522 Posts |
Posted - 11/29/2009 : 22:03:06
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It wouldnt hurt to point out that the dates above are for Nickel coins, but years before are silver.
So any coin made before 2000 from the list above is desirable. I think swiss coins may be nickel as well. |
Robber Baron= Robarons |
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myfundsarelow
Penny Collector Member
USA
388 Posts |
Posted - 11/29/2009 : 22:32:43
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| HI ALL, heck i would just save the 2 dollar rolls of nickels if metal prices fall you still have face value on rolls of nickels, besides look at all the fun you would miss sorting these 5 cent coins PEACE!! |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 11/30/2009 : 09:31:47
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quote:
Originally posted by myfundsarelow
HI ALL, heck i would just save the 2 dollar rolls of nickels if metal prices fall you still have face value on rolls of nickels, besides look at all the fun you would miss sorting these 5 cent coins PEACE!!
That is where pre-82 Canadian nickels would be the superior choice. U.S. nickels are always going to be a CuNi alloy. If and when the melt ban gets lifted, you might be in for a surprise when you go to scrap them...
You will get CuNi scrap prices, not Ni and Cu scrap prices individually. Melt values are theoretical when dealing with base metal alloys.
Plus, even if metal prices do drop, Canadian coins will still be a nice hedge against the doomed U.S. dollar.
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george454
Penny Pincher Member
242 Posts |
Posted - 12/01/2009 : 22:23:27
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| The pre 65 1 Franc according to my wold coin book from 1914 to 1945 are aluminum and aluminum/bronze. The 2 Franc from 1920 to 1944 are aluminum with some 1944 being Brass, In my book it says from 1979 to 2000 are nickel, couldn't find anything between 44 to 79. The 5 Franc 1933 to 1939 are nickel at 12 grams, 1938 to 1946 are aluminum-bronze, 1960 to 1969 are 80% silver 1970 to 2000 are copper-nickel with proofs ranging from platinum, gold and silver. If you plan on purchasing any of these coins online I would definitely invest in a good coin book. I looked up all these coins on ebay and they are really cheap but also many did not specify metal content so unless you plan on paying a couple of bucks for a aluminum can I would check before you buy. |
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Robarons
Penny Hoarding Member
USA
522 Posts |
Posted - 12/01/2009 : 22:36:21
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Sorry for my comment above. I thought we were talking about SWISS Franc coins, not French Frace coins.
French Francs are completely different all together. |
Robber Baron= Robarons |
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NiBullionCu
Penny Pincher Member
USA
168 Posts |
Posted - 12/02/2009 : 13:02:14
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Just to be a completist re Netherlands 99%+ nickel coins:
10 cent, 1948 - 2001
25 cent, 1948 - 2001
1 Gulden, 1967 - 2001
2-1/2 Gulden, 1969 - 2001 |
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NiBullionCu
Penny Pincher Member
USA
168 Posts |
Posted - 12/02/2009 : 13:06:37
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Venezuela had Ni coins also:
25 Centimos, 1965, 1977 - 1987
50 Centimos, 1965 - 1985
1 Bolivar, 1967, 1977 - 1986
2 Bolivares, 1967 - 1988
5 Bolivares, 1973, 1977, 1987 - 1988 |
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NiBullionCu
Penny Pincher Member
USA
168 Posts |
Posted - 12/02/2009 : 13:18:37
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Switzerland Ni coins:
5 Rappen, 1932 - 1941
10 Rappen, 1932 - 1938
20 Rappen, 1881 - 1938
(Note: in nice condition most of these will have more value as numismatic coins) |
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NiBullionCu
Penny Pincher Member
USA
168 Posts |
Posted - 12/02/2009 : 13:22:19
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South Africa Ni coins:
5 cent, 1965 - 1989
10 cent, 1965 - 1989
20 cent, 1965 - 1989
50 cent, 1965 - 1990
1 Rand, 1977 - 1990 (Note: design change in 1990 to Ni-plated-Cu) |
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Dumpster Diver
Penny Collector Member
USA
474 Posts |
Posted - 12/06/2009 : 17:57:30
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NiBullionCu- Is everything you posted here .999 Ni?
Great info! |
"You're not really gonna throw that out...are you"? |
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