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War Nickels--Going rate to sell

AhrensdadAhrensdad Posts: 2,583 ✭✭✭
in Precious Metals
I'm not asking what the melt value is, but what is the going rate if I'm selling? With silver having moved like it has, I just want a double check. Are they going in the range of $1.90 each?

Thanks.
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Comments

  • cjmezzcjmezz Posts: 467
    my BM doesn't want them...told me today, they are paying .15 each!! think I'll hold on to mine for that price!
    "When someone tells you nothing is impossible, ask them to dribble a football"

    MANY positive BST Transactions
  • TheTalkingWalnutTheTalkingWalnut Posts: 444
    The pros don't like them b/c they have low silver content and are hard to smelt. Ebayers have been generally treating them well; over the past 30 days prices for average sized lots (20 - 100) coins have risen from just below $2.00 per coin to a healthy premium over $2.00, however, this doesn't take into account the 15% haircut that Meg takes from the bottom line. But I'd bet that if you listed some today you'd have a fighting chance at netting slightly over $2.00 per coin after all was said and done.

    I can't say that I'm a big believer in the sky is falling/Obama is a Muslim/the robots are taking over and we're going to have rioting in the streets scene, but I do like to hedge my bets. In that spirit I did purchase a big bag of war nickels recently. My thinking being that worst case scenario, are people really going to revert to literally hacking ASEs into pieces of eight to make change? Using this reasoning war nickels are perfect; if the going rate in a Mad Max-land future is say 1 ASE for a bottle of whiskey and I only want a shot, 1 war nickel will be just about right.

    Having said all of that, I suppose that I am a buyer at about $1.75 per and a seller at $2.25 per, cash only. If anybody wants to make a deal just let me know.

  • RGJohnRGJohn Posts: 402


    << <i>I'm not asking what the melt value is, but what is the going rate if I'm selling? With silver having moved like it has, I just want a double check. Are they going in the range of $1.90 each?

    Thanks. >>



    Some shun them but there is a definate market for them here in Colorado. Yes, your price range is abour correct. Silver is krazy volatile of course but we are speaking of the mid-$40s spot price range.
    Many, many perfect transactions with other members. Ask please.
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