Nickel $100,000.00 a ton ?

[jeff of pa]

1946-2014 Nickel $0.0803613 Nickel Price Hits $100K : What Are Kyle Bass' 20 Million US Nickels Worth?​

 

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[Johnnybravo300]

Its not illegal to melt coins. Its only illegal to sell the metal.

Coins are usually worth more in coin form anyway but i wouldnt melt them.
Ebay is already full of nickels for sale.

 

[crashbandicoot]

Where bouts can you find this here nickel? As in scrap and such?

 

[fistfulladirt]

Where bouts can you find this here nickel? As in scrap and such?

In US coin nickel! 25% nickel, 75% copper. Canadian nickels from the mid 1940’s into 1960 were 99.9% nickel.

 

[dougachim]

I have a couple bars of pure nickel

 

[pepperj]

In US coin nickel! 25% nickel, 75% copper. Canadian nickels from the mid 1940’s into 1960 were 99.9% nickel.

Back in 2006 period and just the time leading up to it the electroplaters were using Canadian nickels instead of nickel buttons to do the plating. It was a lot cheaper but a tad illegal at the same time.

So basically a pound of 99.9% nickel could be bought for $5.00
Which was a huge savings, if one wanted to go coin hunting for nickels at the local bank.
So there were coin rollers doing the task-doing the sell to the platers.

Timeline of our nickels

The historical value of Nickel

Value over the past 6 months