silver nickels
nccoin
Posts: 606
I know the "silver" war time nickels (1942-45) were composed of only 35% silver. Anyone know what kind of price
range one can expect from a dealer? My guess was 10-12x face but not sure.
range one can expect from a dealer? My guess was 10-12x face but not sure.
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<< <i>I know the "silver" war time nickels (1942-45) were composed of only 35% silver. Anyone know what kind of price
range one can expect from a dealer? My guess was 10-12x face but not sure. >>
Silver coin melt values
Suggest you bookmark that link for future references...
Anyone know anything about that?
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>I have had dealers offer a good bit less than melt because they have to be shipped out of the country to actually melt them due to the Manganese. It is illegal to melt that stuff in the U.S. it seems. I found one dealer that actually paid me what I wanted for them but most dealers were offering about .20 less due to the Manganese story.
Anyone know anything about that? >>
Anyone?
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Here's about 10,000 of them. If it interests anyone, the Assay was not 35% silver, but rather 32.91%. I did have an independant Assay that confirmed it. Nothing ever seems to be it's supposed finess other than .999 silver from the Major Refineries.
The Silver payout percentage is much lower on low volume silver items. It takes a lot of chemicals/time during the refining process to separate all that copper. Most refiners won't touch them, many only offering 50% of A.S.W.
Edited to add second photo
Here's the finished Bar. Not near as clean as a Sterling one.
<< <i>It's not illegal to melt War Nickels.
Here's about 10,000 of them. If it interests anyone, the Assay was not 35% silver, but rather 32.91%. I did have an independant Assay that confirmed it. Nothing ever seems to be it's supposed finess other than .999 silver from the Major Refineries.
The Silver payout percentage is much lower on low volume silver items. It takes a lot of chemicals/time during the refining process to separate all that copper. Most refiners won't touch them, many only offering 50% of A.S.W.
Edited to add second photo
Here's the finished Bar. Not near as clean as a Sterling one.
That is very cool. I bought a $1000 bag some time ago and sold it maybe six months ago for 9X face dam it.
Hoard the keys.
<< <i>I have had dealers offer a good bit less than melt because they have to be shipped out of the country to actually melt them due to the Manganese. It is illegal to melt that stuff in the U.S. it seems. I found one dealer that actually paid me what I wanted for them but most dealers were offering about .20 less due to the Manganese story.
Anyone know anything about that? >>
In the CFRs that prohibit melting cents and nickels., war nickels are specifically exempted from the prohibition.
War nickels can legally be melted in the US, unlike the other circulating nickels.
eBay can be a good place to sell them. Check closed auction prices.
<< <i>
<< <i>It's not illegal to melt War Nickels.
Here's about 10,000 of them. If it interests anyone, the Assay was not 35% silver, but rather 32.91%. I did have an independant Assay that confirmed it. Nothing ever seems to be it's supposed finess other than .999 silver from the Major Refineries.
The Silver payout percentage is much lower on low volume silver items. It takes a lot of chemicals/time during the refining process to separate all that copper. Most refiners won't touch them, many only offering 50% of A.S.W.
Edited to add second photo
Here's the finished Bar. Not near as clean as a Sterling one.
sorry, but those photos make me want to CRY
Go BIG or GO HOME. ©Bill
<< <i>Where does the purple disco glow come from??
<< <i>
>>
I think it's from the Manganese that is why they stop melting them in California. Air law.
Hoard the keys.
<< <i>Melt is about 50 times face. A dealer will most certainly give you less than melt, but not that much less. >>
On what do you base this statement?
Edited to add: APMEX will sell you $200 or more face in warnix at $48.60 per dollar basis $45.37 silver. That's roughly 95.2% of theoretical melt. I doubt that they pay close to 95%.
<< <i>
<< <i>Where does the purple disco glow come from??
<< <i>
>>
I think it's from the Manganese that is why they stop melting them in California. Air law.
This! I believe it is because of the clean air laws that refiners are NOT melting them in the US any longer...it is because of the heavy metal manganese that polutes the air when melted. Can anyone positively confirm this with a link to some evidence or law?
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
are 2.25 Ozt per roll so this is about about 78% of melt.