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- - Anyone buy Wartime Nickels ? (http://goldismoney.info/forums/showthread.php?t=303598)

Sebring | 09-19-2008 09:50 PM
Anyone buy Wartime Nickels ? They are only 35% silver. Basically junk silver. Only 35 cents over spot on Apmex. Sounds good to me.

dimitri | 09-19-2008 09:56 PM
Re: Anyone buy Wartime Nickels ? I wouldn't - when it comes to actually melting them for silver, there is a bit more work involved.

goldminer | 09-19-2008 09:58 PM
Re: Anyone buy Wartime Nickels ? Pass IMO and use the FRNs to acquire 90% or perhaps 80% if you live in Canada. 35% war nickels will always sell at a discount because refineries will not buy them as long as they can get U.S. 90 & 40%, and/or Canadian 80%. And they will ALWAYS pay much less for 35% because it has a complex alloy that is more costly to refine with comparatively less silver recovered. I also believe that because so comparatively few of the nickels were produced, exist, and are seen, in any SHTF environment MANY people will not know what they are and most traders will refuse to take 35%. Rather they will hold out for 40, 80, &/or 90%.

latemetal | 09-19-2008 10:19 PM
Don't bother, I bought a bunch and then I checked with refiners, nobody wanted to buy them.:shocked_ma: If you do buy them, realize these are bottom of barrel coins.:no_ma:

CoinHunter53562 | 09-20-2008 12:34 PM
Re: Anyone buy Wartime Nickels ? I wouldnt buy them unless you get can well below melt value, say 30 cents or so per coin.

HistoryStudent | 09-20-2008 03:08 PM
Re: Anyone buy Wartime Nickels ? BUY junk DIMES - QUARTERS - HALVES - SILVER DOLLARS In that order - I hope you have at least a BAG - $1,000.00 of silver coins with around 715 actual silver ounces :applause_:applause_:applause_

Twisted Avatar | 09-20-2008 03:25 PM
Re: Anyone buy Wartime Nickels ? They will be the very last thing to peak.........a refiner wont touch is as long ast they can get 90%. stick with the easy stuff. T

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