What is a roll of silver war nickles worth?
librtyhead
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I'm thinking about 40.00 for a roll of 20. I'm going through a guys collection and would hate to short him.
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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
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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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.$1 per worn War Nickel (Large Mint Mark) is a fair price.
$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.
Are they UNC, Gem worn out? Unc and Gem can go for $10 to $30 ea.
Hoard the keys.
Sold ones on eBay (circulated) go consistently for around 50$ + 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
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Silver value is $1.26 each. Wholesaler is paying $1.03 each
$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.
I do not buy war nickels.... I still get about one a month in change.... Cheers, RickO
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.
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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.
I would say a $1.00 each is fair.
Wayne
Kennedys are my quest...
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.
TurtleCat Gold Dollars
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
Of course, melt is $50.
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
Lowest sales on eBay are around $50/roll. After shipping and fees, you'd net about $41. Getting $38 without having to take a picture, create a listing and pack/ship seems more than fair.
Really? That's crazy, I haven't gotten one in years!
Mark
@mark_dak ... I shop a lot and use cash, just to get change.... Still looking for a W quarter in the wild. Meanwhile, I get a few wheat cents a month, and as I said, about one war nickel a month... sometimes might skip a month...
Cheers, RickO
If you are feeling enterprising, here is an idea.
Sometime back I had acquired a vintage MEGHRIG folder of the World War II emergency coins manufactured in the 50's with some nice coins and you could perhaps do the same by buying the empty album and after filling them, probably sell it on eBay for about 100$
https://www.ebay.com/itm/233321069913?hash=item365304fd59:g:Oz4AAOSwAbpdYD1r
Just saying
Edited to add picture.
https://www.pcgs.com/setregistry/u-s-coins/quarters/PCGS-2020-quarter-quest/album/247091
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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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.
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
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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
Those and 40% silver halves are the white elephants of junk silver.
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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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
Thanks, corrected!
My Adolph A. Weinman signature
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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.Last week I listed 48 war nickels for $50.00 with free shipping. Sold in about 2 hours.
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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.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.
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
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.