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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
 Posted - 07/11/2006 : 14:17:03
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Over $12/lb today.
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realcent
Forum Admin
USA
246 Posts |
Posted - 07/11/2006 : 14:21:44
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A nickel is now worth 123.9600% of face now according to coinflation.
RealCent
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 07/11/2006 : 14:22:08
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There will be corrections to the price of all the base metals. But as I said before, I'm bullish on the long-term.
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If you can conceive it, you can achieve it. -Napoleon Hill |
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ImperialFleet
Penny Pincher Member
USA
217 Posts |
Posted - 07/11/2006 : 16:20:11
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Ardent, I bet you are especially happy 
“Ultimately, the Fed can flood the system by buying any kind of asset, or even dropping bank notes from helicopters" -Fed Chairman Ben Bernanke |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 07/11/2006 : 17:53:44
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Yes, but at the same time I get a little nervous as to how much longer I'll be able to get them.
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If you can conceive it, you can achieve it. -Napoleon Hill |
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ImperialFleet
Penny Pincher Member
USA
217 Posts |
Posted - 07/11/2006 : 17:58:48
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get what? Nickels? I thought you were collecting US nickels.
“Ultimately, the Fed can flood the system by buying any kind of asset, or even dropping bank notes from helicopters" -Fed Chairman Ben Bernanke |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 07/11/2006 : 19:37:49
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I mean that like copper pennies, when word gets out that nickels are gaining in value, everyone and their grandmother will be after them.
________________________
If you can conceive it, you can achieve it. -Napoleon Hill |
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ImperialFleet
Penny Pincher Member
USA
217 Posts |
Posted - 07/11/2006 : 20:30:33
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true, but at least you don't have to sort through your nickels.
by the way, how do nickels come from Brinks? Are they in boxes full of rolls like pennies? What is the face value of the box?
“Ultimately, the Fed can flood the system by buying any kind of asset, or even dropping bank notes from helicopters" -Fed Chairman Ben Bernanke |
Edited by - ImperialFleet on 07/11/2006 20:31:34 |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 07/11/2006 : 20:55:44
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The fact that you don't need to sort U.S. nickels is part of the problem with them maybe disappearing quickly. With the copper pennies a person has to sort through them. Even with a hand fed machine that sorts them, it takes time and effort. But with nickels you go just go to the bank, put down your $100 and get a box of 50 rolls of nickels. One doesn't even have to open the box. Most of mine are unopened.
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If you can conceive it, you can achieve it. -Napoleon Hill |
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realcent
Forum Admin
USA
246 Posts |
Posted - 07/11/2006 : 21:01:38
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quote:
Originally posted by Ardent Listener
But with nickels you go just go to the bank, put down your $100 and get a box of 50 rolls of nickels. One doesn't even have to open the box. Most of mine are unopened.
For now. As soon as I hear they are changing the composition of the nickel I am going to buy as much as I can before the new ones hit the banks.
RealCent
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n/a
deleted
143 Posts |
Posted - 07/11/2006 : 21:36:08
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| i am imagining, in a bout 5 years time. that the scenario where i will place my pre-1981 canadian nickels in exchange for quarters a piece in local bullion dealers |
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Holy nickel rally, batman.
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