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The fact about our Jeff nickel

GemineyeGemineye Posts: 5,374 ✭
in U.S. Coin Forum
You should be concerned about the base metal prices....our nickel is now worth 7 cents....
$0.0701899 is the melt value for the 1946-2008 nickel on February 28, 2008.
......Larry........image

Comments

  • mach19mach19 Posts: 4,002 ✭✭
    That will be at a dime before you know it image
    TIN SOLDIERS & NIXON COMING image
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    geesh the thousands of jeffs I have stomping around this place in plastic and naked just shouted a big hooray!
    image

    Go BIG or GO HOME. ©Bill
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    That could be deflationary, since a nickel could buy more than it used to.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • coolestcoolest Posts: 2,281 ✭✭✭
    Time to clean out the banks. Heat the ovens! Let the melting begin!!
  • coolestcoolest Posts: 2,281 ✭✭✭
    Why is that a concern?
  • BBNBBN Posts: 3,761 ✭✭✭
    swapping the sizes of the nickel and dime would help some. Getting sheep like creatures like Americans to adjust to that is a whole new problem on its own.

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
    #2 1980 Topps Los Angeles Rams Team Set
    #8 (and climbing) 1972 Topps Los Angeles Rams Team Set
  • MisterBungleMisterBungle Posts: 2,308 ✭✭✭

    The nickel today is not what it was fifteen years ago. Do you know what this country needs today?...
    A seven-cent nickel. Yessiree, we've been using the five-cent nickel in this country since 1492. Now
    that's pretty near a hundred years' daylight saving. Now, why not give the seven-cent nickel a chance?
    If that works out, next year we could have an eight-cent nickel. Think what that would mean. You could
    go to a newsstand, buy a three-cent newspaper and get the same nickel back again. One nickel carefully
    used would last a family a lifetime!

    ...Groucho Marx from "Animal Crackers"

    To see the segment with the "7 cent nickel" on YouTube, click here...

    7 Cent Nickel Routine

    ~


    "America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.

  • ManorcourtmanManorcourtman Posts: 8,171 ✭✭✭✭✭
    To bad it is illegal to melt it according to your US Mint people.
  • GemineyeGemineye Posts: 5,374 ✭


    << <i>Why is that a concern? >>


    These base metal concerns directly effect our daily needs.The appliances that we purchase the plumbing in our homes and the vehicles we drive.When was the last time you went into your local hardware store to buy areplacement plumbing supply.The price of copper to replace or repair items are going higher.New construction materials are soaring.
    The cost of steel and metals to build an auto or truck are outrageous....
    Base metals are more needed than just that ounce of gold in a plastic slab.....image
    ......Larry........image
  • FullStepJeffsFullStepJeffs Posts: 1,874 ✭✭✭
    That means my biggest nickel just got more expensive.

    image

    Steve
    U.S. Air Force Security Forces Retired

    In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
  • AnimalkeeperAnimalkeeper Posts: 649
    Thanks, MisterBungle!!
    Spare your best friend's life!! Adopt an adult dog at your local "kill" animal shelter. You will be changed.
  • BobSavBobSav Posts: 937 ✭✭✭
    4 nickels will get you a quarter and 3 cents change.

    Bob
    Past transactions with:
    Lordmarcovan, WTCG, YogiBerraFan, Phoenin21, LindeDad, Coll3ctor, blue594, robkoll, Mike Dixon, BloodMan, Flakthat and others.
  • GemineyeGemineye Posts: 5,374 ✭
    Groucho was one of the best....!!!....image
    ......Larry........image
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Metal price was up 7% today. Wow.

    It wont' be long before they have to make the dime worth 5C and the Nickel worth 10C in transactions.

    It's cool having usable money where the intrinsic value is all there. Just like the old silver coins.
  • BBNBBN Posts: 3,761 ✭✭✭
    Maybe the mint should make the nickel like the USPS did stamps. From this point forward make "forever nickels". Change the price of a nickel to reflect melt value and evey nickel also currently in circulation be worth the melt price. image Hey, afterall, how many people hoard nickels like they do pennies? Only collectors that I know of. Nickels usually do get spent image (please don't take my post seriously. just a moronic idea) image

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
    #2 1980 Topps Los Angeles Rams Team Set
    #8 (and climbing) 1972 Topps Los Angeles Rams Team Set
  • WalmannWalmann Posts: 2,806 ✭
    "It's cool having usable money where the intrinsic value is all there. Just like the old silver coins. "

    This could explain the value of the paper dollar.
  • MisterBungleMisterBungle Posts: 2,308 ✭✭✭

    Thanks, MisterBungle!!
    -----

    You're welcome!!

    I thought someone might want to see Groucho's
    rapid fire wit at it's very best.

    ~


    "America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.

  • moonshinemoonshine Posts: 1,039 ✭✭
    Maybe the mint should make the nickel like the USPS did stamps

    Or maybe make a 3 cent piece to add to to it until the newer updated stuff comes out.

    Really tho, this is a concern -- what do you think will come of it all? They can't just keep and spending and losing money .... oh that's right, that's what they do anyway!~
  • tincuptincup Posts: 5,379 ✭✭✭✭✭


    << <i>Maybe the mint should make the nickel like the USPS did stamps

    Or maybe make a 3 cent piece to add to to it until the newer updated stuff comes out.

    Really tho, this is a concern -- what do you think will come of it all? They can't just keep and spending and losing money .... oh that's right, that's what they do anyway!~ >>




    This is a concern.... only because you are trying to use logic! You got to stop doing that..... this is the US government we are talking about!!
    ----- kj

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