tag:blogger.com,1999:blog-3758330678390419129.post1862778569789876054..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: An Ex-DEA Agent on the Importance of Storing Nickels and How to Do ItRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-3758330678390419129.post-35227816518070657612014-02-26T22:00:40.632-05:002014-02-26T22:00:40.632-05:00Great tips. very well-written, keyword-oriented an...Great tips. very well-written, keyword-oriented and incredibly useful. its really interesting to many readers. I really appreciate this, thanks<br /><br /><a href="http://www.pisces-aqua.co.uk/" rel="nofollow">Abs pipe</a>Rakesh Roshanhttps://www.blogger.com/profile/08661912007010248184noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-79097496571933173672013-02-08T19:11:13.888-05:002013-02-08T19:11:13.888-05:00Oh good grief!! What the heck is wrong with peopl... Oh good grief!! What the heck is wrong with people and their "thinking" these days?? The REAL reason why there's "$1.76" worth of silver in a nickel is because the perceived purchasing power of the fiat currency (USD, Peso, Baht, etc) is DROPPING and therefore more of the fiat currency is needed to offset that loss. And that's ALL that inflation really is, it'Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-48301485296292027502013-01-29T22:58:08.084-05:002013-01-29T22:58:08.084-05:00One aspect of buying nickels that the author faile...One aspect of buying nickels that the author failed to mention is that "war nickels" are made of 35% silver and today they are worth about $1.76 each. See coinflation.com<br /><br />So make sure you look through the dates before you bury them as you may be giving some silver away.Clark H.https://www.blogger.com/profile/12438044939303209810noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-7776875483077706562013-01-09T16:44:44.079-05:002013-01-09T16:44:44.079-05:00Nickels also have collector value. Unlike pure ni...Nickels also have collector value. Unlike pure nickel or copper, some of those nickels will be highly prized by collectors in the future. Like all coin collectables, it is hard to determine which ones will we worth more in the future, but if you are putting them away in bulk, you will probably have few if you are willing to dig through them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-72250712603406442832013-01-09T10:39:52.832-05:002013-01-09T10:39:52.832-05:00US nickles are always of their original dollar cas...US nickles are always of their original dollar cash value, whereas nickle or copper or silver ingots fluctuate...so the are always hedged if your wrong....therefore if you are dead wrong on your speculation, and instead of currency-panic hyper-inflation, a serious deflation hits and metals' prices plummet and the USA $Dollar$ are king........you are still rich in the now higher valued U$A sculptorbillhttps://www.blogger.com/profile/09285979194835362997noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-65173943142970538022012-12-30T11:27:03.427-05:002012-12-30T11:27:03.427-05:00"...why not buy pure copper and pure nickel i..."...why not buy pure copper and pure nickel in industrial quantities and norms?"<br /><br />"There is no dealer markup. There is no sales tax. There are no shipping fees. There is no capital gains tax or value added tax."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-34539438326796649232012-12-30T04:42:56.652-05:002012-12-30T04:42:56.652-05:00In Malaysia, the central bank recently devalued th...In Malaysia, the central bank recently devalued the local coins by as much as over 50% in a single go by issuing a new series of coins with much cheaper metallic content such as stainless steel as well as smaller weight. The previous series of coins were cupronickels (75% copper, 25% nickel).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-9792387165324490592012-12-30T01:05:10.560-05:002012-12-30T01:05:10.560-05:00The only reason I can see for saving in nickels in...The only reason I can see for saving in nickels instead of silver is if you believe silver is overpriced right now. Nickels are such a low individual denomination and I can't see how they would make for good barter if or when it came to that. They have two metals in them which makes it harder to extract and plus it costs more to extract than if one were to melt down silver coins if that'sT. Kellynoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-41083524275440901142012-12-30T00:43:25.436-05:002012-12-30T00:43:25.436-05:00You do realize there are hard currency controls, s...You do realize there are hard currency controls, since 14 Dec 2006, and if you try to either melt or export either pennies or nickels then you can face draconian penalties including years in prison.<br /><br />http://www.runtogold.com/2009/06/current-dollar-currency-controls/Trace Mayerhttp://www.runtogold.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-90373512874761646282012-12-29T16:13:00.272-05:002012-12-29T16:13:00.272-05:00If the coin metal content is equal in price to the...If the coin metal content is equal in price to the number on the coin, why 'nickels'? If one wants to exchange fiat for a lot of copper and nickel, and 75%Cu 25%Ni mix is one's choice, why not buy pure copper and pure nickel in industrial quantities and norms? Here is a one-stop shop for both:<br />http://www.nornik.ru/en/sales/product_type/pt23/<br />http://www.nornik.ru/en/sales/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-21220992402425724352012-12-29T14:52:01.668-05:002012-12-29T14:52:01.668-05:00My credit union has a coin machine. They actually...My credit union has a coin machine. They actually have to pay the FED to take back the big loose bag of coins. The bags are $300.00 and I get them....wait fot it....$298.00 as they still come out ahead. They come in these huge SUPER thick plastic bags. I get one about every 2 or 3 months.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-40863443841456196602012-12-29T12:35:46.103-05:002012-12-29T12:35:46.103-05:00I asked my bank for $2000 and it was no problem. I...I asked my bank for $2000 and it was no problem. It took a few days to order them, but thats it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-37407428637162721642012-12-29T11:36:24.764-05:002012-12-29T11:36:24.764-05:00It always makes me smile when someone who used to ...It always makes me smile when someone who used to work for The State becomes an advocate of liberty and points out the evils of his former occupation and employer. Anonymousnoreply@blogger.com