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What is a roll of silver war nickles worth?

I'm thinking about 40.00 for a roll of 20. I'm going through a guys collection and would hate to short him.

Comments

  • davewesendavewesen Posts: 6,104 ✭✭✭✭✭

    they are usually in rolls of 40 coins
    coininflation.com has them at $1.26/ for silver value - go fo more on eBay

    if there are many rolls, better check a few to make sure they are all wartime nickels
    early and late 40's well circulated nickels can't be worth much more than a dime

  • JimWJimW Posts: 558 ✭✭✭✭

    Good advice from @davewesen - see what they are currently selling for and account for other expenses such as ebay fees and shipping in terms of what the seller is actually receiving when said and done.
    I think for $40 per roll is probably too much in today's market, but that is just me.

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  • joeykoinsjoeykoins Posts: 15,636 ✭✭✭✭✭
    edited December 21, 2021 7:35PM

    I just recently sold a roll (40 coins) of Wartime nickels. The owner gave me $40. I thought that was a pretty good deal? Now, to buy? :*

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    $1 per worn War Nickel (Large Mint Mark) is a fair price.

  • 291fifth291fifth Posts: 24,319 ✭✭✭✭✭

    $1.00 each is too much. They are a pain to get rid of in small quantities. I wouldn't go higher than 75 cents.

    All glory is fleeting.
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭

    Are they UNC, Gem worn out? Unc and Gem can go for $10 to $30 ea.



    Hoard the keys.
  • Steven59Steven59 Posts: 8,606 ✭✭✭✭✭

    Sold ones on eBay (circulated) go consistently for around 50$ + shipping - https://www.ebay.com/sch/i.html?_from=R40&_nkw=roll+of+war+nickels&_sacat=0&rt=nc&LH_Sold=1&LH_Complete=1

    "When they can't find anything wrong with you, they create it!"

  • jmlanzafjmlanzaf Posts: 33,833 ✭✭✭✭✭

    Silver value is $1.26 each. Wholesaler is paying $1.03 each

  • tincuptincup Posts: 5,106 ✭✭✭✭✭

    $1 each sounds fair to me. Yes, the seller could get more on ebay... if he wants to put up with the hassle of and time of doing so; and of course the fees.

    ----- kj
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I do not buy war nickels.... I still get about one a month in change.... Cheers, RickO

  • TurtleCatTurtleCat Posts: 4,600 ✭✭✭✭✭

    War nickels are the most undesirable types to sell, really. When I was selling some surplus ones I had, it was very difficult getting offers at silver melt. No one wanted them, even when silver was $28/oz.

  • 291fifth291fifth Posts: 24,319 ✭✭✭✭✭

    @TurtleCat said:
    War nickels are the most undesirable types to sell, really. When I was selling some surplus ones I had, it was very difficult getting offers at silver melt. No one wanted them, even when silver was $28/oz.

    I'm surprised the offers were even close to melt. In the last silver price run-up even sterling silver was discounted because it was not .900 fine. The market apparently wants .900 fine and not other fineness silver. Foreign silver with odd silver percentages is even less desirable than things like war nickels. Don't be generous in your offers for silver that is not .900 fine US.

    All glory is fleeting.
  • WAYNEASWAYNEAS Posts: 6,665 ✭✭✭✭✭

    I would say a $1.00 each is fair.
    Wayne

    Kennedys are my quest...

  • TurtleCatTurtleCat Posts: 4,600 ✭✭✭✭✭

    @291fifth said:

    @TurtleCat said:
    War nickels are the most undesirable types to sell, really. When I was selling some surplus ones I had, it was very difficult getting offers at silver melt. No one wanted them, even when silver was $28/oz.

    I'm surprised the offers were even close to melt. In the last silver price run-up even sterling silver was discounted because it was not .900 fine. The market apparently wants .900 fine and not other fineness silver. Foreign silver with odd silver percentages is even less desirable than things like war nickels. Don't be generous in your offers for silver that is not .900 fine US.

    The only offer I had close to melt was for a lot more quantity of war nicks than I had, which was understandable. So I ended up selling two rolls for about 85% of melt which was the best I could find with minimal hassle.

  • jesbrokenjesbroken Posts: 9,956 ✭✭✭✭✭

    I sold 3 rolls for $38 a roll, was asking $40 and offered $38. Done deal.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • jmlanzafjmlanzaf Posts: 33,833 ✭✭✭✭✭

    @jesbroken said:
    I sold 3 rolls for $38 a roll, was asking $40 and offered $38. Done deal.
    Jim

    Of course, melt is $50.

  • jesbrokenjesbroken Posts: 9,956 ✭✭✭✭✭

    I was happy with the sale. When a man offers me that much and no fees coming out and no shipping, I'm more willing to part with the silver.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @jesbroken said:
    I was happy with the sale. When a man offers me that much and no fees coming out and no shipping, I'm more willing to part with the silver.

    Lowest sales on eBay are around $50/roll. After shipping and fees, you'd net about $41. Getting $38 without having to take a picture, create a listing and pack/ship seems more than fair.

  • mark_dakmark_dak Posts: 1,114 ✭✭✭✭✭

    @ricko said:
    I do not buy war nickels.... I still get about one a month in change.... Cheers, RickO

    Really? That's crazy, I haven't gotten one in years!

    Mark

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @mark_dak ... I shop a lot and use cash, just to get change.... Still looking for a W quarter in the wild. Meanwhile, I get a few wheat cents a month, and as I said, about one war nickel a month... sometimes might skip a month...
    Cheers, RickO

  • vulcanizevulcanize Posts: 1,407 ✭✭✭✭✭
    edited December 22, 2021 11:32AM

    If you are feeling enterprising, here is an idea.
    Sometime back I had acquired a vintage MEGHRIG folder of the World War II emergency coins manufactured in the 50's with some nice coins and you could perhaps do the same by buying the empty album and after filling them, probably sell it on eBay for about 100$

    https://www.ebay.com/itm/233321069913?hash=item365304fd59:g:Oz4AAOSwAbpdYD1r

    Just saying ;)

    Edited to add picture.

  • 1630Boston1630Boston Posts: 13,780 ✭✭✭✭✭

    I sold 192 of them for $165 back in 2018 here on the BST
    https://forums.collectors.com/discussion/998769/sold-thanks

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    Bad transactions with : nobody to date

  • PerryHallPerryHall Posts: 46,073 ✭✭✭✭✭

    I read that due to the alloy used in war nickels, it's very expensive and difficult to refine the silver out of them and that they actually have to go through the refining process twice to get pure silver. This and their low silver content would explain why most dealers pay well below melt value for them.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    Anyone have 50 or so circ sets they would sell me for a dollar a coin? I robbed all the war nickels out of my circ set hoard and sold them during the last silver run up!

  • jmlanzafjmlanzaf Posts: 33,833 ✭✭✭✭✭

    @amwldcoin said:
    Anyone have 50 or so circ sets they would sell me for a dollar a coin? I robbed all the war nickels out of my circ set hoard and sold them during the last silver run up!

    In that volume, you can wholesale them at over $1

  • SmudgeSmudge Posts: 9,493 ✭✭✭✭✭

    Those and 40% silver halves are the white elephants of junk silver.

  • OverdateOverdate Posts: 7,003 ✭✭✭✭✭
    edited December 22, 2021 3:52PM

    A war nickel contains 0.05626 ounces of silver.
    A roll of 40 war nickels contains (almost) exactly 2.25 ounces of silver, minus loss due to wear.
    At $22.79 per ounce, a roll of 40 uncirculated war nickels contains $51.27 worth of silver. A single uncirculated war nickel contains $1.28 worth of silver.

    My educated guess is that a huge majority of war nickels have been lost or melted, and that some dates are likely scarcer than the 1950-D nickel.

    The lowest-mintage 1943-D nickel was preferentially saved from circulation during the 1950's and 1960's, and today it probably has a higher number of survivors than some of the other dates.

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  • PerryHallPerryHall Posts: 46,073 ✭✭✭✭✭

    @Overdate said:
    A war nickel contains 0.5626 ounces of silver.

    I think you may have a misplaced decimal there. ;)

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • OverdateOverdate Posts: 7,003 ✭✭✭✭✭

    @PerryHall said:

    @Overdate said:
    A war nickel contains 0.5626 ounces of silver.

    I think you may have a misplaced decimal there. ;)

    Thanks, corrected!

    My Adolph A. Weinman signature :)

  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭
    edited December 22, 2021 6:32PM

    .

  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭
    edited December 22, 2021 6:32PM

    .

  • joeykoinsjoeykoins Posts: 15,636 ✭✭✭✭✭

    @jesbroken said:
    I was happy with the sale. When a man offers me that much and no fees coming out and no shipping, I'm more willing to part with the silver.
    Jim

    Like I posted above. I recently sold a roll of worn Wartime nickels to my LCS. She gave me $40. I was pleased. As a matter of fact, I went back to the same LCS and purchased this, for the same $40 she gave me. ;)


    Silver for Silver?

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • Dug13Dug13 Posts: 254 ✭✭✭

    Last week I listed 48 war nickels for $50.00 with free shipping. Sold in about 2 hours.

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  • joeykoinsjoeykoins Posts: 15,636 ✭✭✭✭✭
    edited December 22, 2021 8:41PM

    You all do know why the 35% silver Wartime nickels are still in demand, don't you? It's all dem'

    Varieties baby!

    :)

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • rec78rec78 Posts: 5,730 ✭✭✭✭✭

    Yeah, I would say $1 each is fair. Coin dealers will not give you close to melt value for these. Last I heard they were exporting them to Canada. You cannot simply melt them to get the silver. You have to go through a process called smelting. Smelting war nickels is not allowed in the US as far as I know (info from coin dealer). If you want silver, sell them and buy or trade for 90%ers.

    image
  • OverdateOverdate Posts: 7,003 ✭✭✭✭✭
    edited December 23, 2021 1:00AM

    @rec78 said:
    Smelting war nickels is not allowed in the US as far as I know (info from coin dealer).

    It might be legal, unless the law has changed since 2007.

    https://www.federalregister.gov/documents/2007/10/29/E7-21272/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins-correction

    (d) The prohibition contained in § 82.1 against the exportation, melting, or treatment of 5-cent coins shall not apply to 5-cent coins inscribed with the years 1942, 1943, 1944, or 1945 that are composed of an alloy comprising copper, silver and manganese.

    My Adolph A. Weinman signature :)

  • rec78rec78 Posts: 5,730 ✭✭✭✭✭

    @Overdate said:

    @rec78 said:
    Smelting war nickels is not allowed in the US as far as I know (info from coin dealer).

    It might be legal, unless the law has changed since 2007.

    https://www.federalregister.gov/documents/2007/10/29/E7-21272/prohibition-on-the-exportation-melting-or-treatment-of-5-cent-and-one-cent-coins-correction

    (d) The prohibition contained in § 82.1 against the exportation, melting, or treatment of 5-cent coins shall not apply to 5-cent coins inscribed with the years 1942, 1943, 1944, or 1945 that are composed of an alloy comprising copper, silver and manganese.

    Sorry, I got this info from some oldtime dealer. It may have been before 2007. I don't know about the current rules on smelting.

    image

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