Should i keep nickels

Lass and his team set out to identify a specific mix of metals that would meet all of these criteria. Rather than making hundreds of individual sample coins with various metal ratios, the team plugged in all the metallic variables into a computer program that allowed them to model different recipes.

In less than a year, they were able to come up with a metal mixture that mimics exactly everything about nickels as we currently know them and print prototypes. Their work was published paywall a few years later in June of this year in the journal Integrating Materials and Manufacturing Innovation. The Mint had asked the team to wait to publish until it could submit its biennial report to Congress. The organization makes billions of coins annually, including more than 1. Correction June 29 : an earlier version of this story said that Andrew Jackson approved the nickel coin.

It was actually Andrew Johnson. By providing your email, you agree to the Quartz Privacy Policy. Skip to navigation Skip to content. Discover Membership. You have to store them somewhere and they're not exactly light.

This is right up there with your stock piling Jack Daniel's idea. This is silly as an investment. Right up there with stockpiling cars. Edit from the comments : I am surprised I did not latch onto this in the previous update. Also, how in the world do you plan on actually selling a stockpile of nickels?

Community Bot 1. George Marian George Marian 6, 1 1 gold badge 27 27 silver badges 43 43 bronze badges. I added a note to my original question indicating that I don't plan on melting the coins. Storage is a problem which is the only thing that makes me second guess doing this. I'll stick with stockpiling Jack Daniel's. That said, it is still a silly idea as an investment. That is one of the big things that people do not realize about investing in precious metals: you have to pay to store and secure them.

Regarding your idea, have you thought about how you would actually sell 20, nickels? That's because silver is a precious metal, nickel is not. Show 4 more comments. Nine years later, we know that pursuing this strategy is a losing proposition. RonJohn RonJohn Wonder how much his cases of Jack Daniels are worth?

Was wondering why I was seeing a decade long dead topic suddenly resurface. Musuyajin thank the SE algorithm which chooses related questions. MrChrister MrChrister Yes certainly pass it along as Inheritance. The value of coins as collectibles keeps increasing. John Roberts John Roberts 1, 7 7 silver badges 6 6 bronze badges. Just because something contains a certain element doesn't mean that you can get to it cheaply. Oh and by the way. I just looked at the prices of zinc.

Obtain 1mt in nickels which won't be that easy I assume 2. I have purchased some commodity ETFs and some dividend yielding stock. I also believe, however, that I need some "funds" outside of the banking system. Assuming a not-so-doom scenario, cold hard cash. Money may very well be worthless. You can't just throw them in the basement and hope they'll work fine in a few years time.

Maybe not, but your buyers may be thin. There were only eight people on the Ark, too. Show 2 more comments. I wouldn't recommend buying bags of rolled nickels or anything though. Here in the UK its easy because there is a huge market for Numismatic coins.

Sign up or log in Sign up using Google. Sign up using Facebook. Sign up using Email and Password. Post as a guest Name. I forget why. The Philadelphia and San Francisco are less common than the 'D. This will get you started.

I would personally recommend going for a complete collection from at least I'm personally a hoarder, but I would recommend getting at least one of every coin and then upgrading as you go if you don't want piles of nickels everywhere you look. There are also plenty of error coins, minor varieties, and buffalo, V, and foreign coins to find.

You'll figure out what you do or don't want to keep, and it's always easy to downsize your collection as necessary. The average nickel from or so is worth cents, so it's your call if you want to bother with keeping a huge collection, or just stick to album-filling. Finn, I agree with the '38 and ' The last buffalo was minted in Both reflect the scarcity of finding these two, Philadelphia dates easily. Thanks guys. All of them. They are mostly Copper now.

I started out keeping every nickel back to ,But it started to take up too much space. Pre 60 nickels seem to be the average on this forum besides errors, 's, and the westward journey nickels. I haven't really started CRH nickels yet but I keep all of them from my change.

The one's I mentioned earlier go into my coin box and the rest into a mason jar which is just about full. I'm thinking once I fill it up I'm going to buy some silver coins with them. Here's what we keep: 1. Liberty nickels 2.