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nickels and the V3
- Thread starter DAN03USMC
- Start date
Nickle count went up here too I noticed but haven't hit any old ones yet.
And a buddy says his went up - that was before I got my Vision. Maybe him saying that got me to focus more toward the nickle, I don't know, but I'm not complaining the least bit. Just I would like to hit something older. It will come. Probably need to go to a spots where I still occasionally pick off a buff or two.
And a buddy says his went up - that was before I got my Vision. Maybe him saying that got me to focus more toward the nickle, I don't know, but I'm not complaining the least bit. Just I would like to hit something older. It will come. Probably need to go to a spots where I still occasionally pick off a buff or two.
http://en.wikipedia.org/wiki/Nickel_(United_States_coin)
Metal value
As of December 14, 2006, the value of the metal in a United States nickel coin reached $0.055759, an 11.5% premium over its face value.[6] This was due to the rising price of copper and nickel and the decline in value of the United States dollar.[7] In an attempt to avoid losing large quantities of circulating nickels to melting, the United States Mint introduced new interim rules on December 14, 2006 criminalizing the melting and export of cents and nickels. Violators of these rules can be punished with a fine of up to $10,000, five years imprisonment, or both.[8]
Both the US pre-1982 cents and all US nickels have a metal content at market worth more than face value of the coins. As of June 13, 2008, the US nickel has $0.06013 in metal content; all circulating US nickels carry a 20.3% premium over face value in metal content metal at market prices. The intrinsic value of pre-1982 US cents, weighing 3.11 grams, are worth $0.02414, 141.4% above face value in metal content at market prices. However, post-1982 US cents, which weigh 2.5 grams, are 97.5% zinc and 2.5% copper (coated over the zinc) by weight. These have an intrinsic value of $0.00508 as of June 13, 2008, or 49.2% less than face value.
Costs of producing and shipping one-cent (penny) and 5-cent (nickel) coins during fiscal year 2007 were $0.0167 per cent and $0.0953 per nickel. Canada switched to making plated steel coins in the year 2000, where the face value of some older coins is below the metal content of those coins. In a similar move on February 8, 2008, a bill was introduced in the U.S. House of Representatives that would allow for changing the metal components in U.S. coins due to the rising cost of commodities and the declining U.S. Dollar.[9] No such bill has yet been signed into law.
The silver content of nickels minted during World War II from 1942 to 1945 is 1.75 g (0.062 oz), and is valued at $0.83 based on the closing price of silver on March 25, 2009.
Metal value
As of December 14, 2006, the value of the metal in a United States nickel coin reached $0.055759, an 11.5% premium over its face value.[6] This was due to the rising price of copper and nickel and the decline in value of the United States dollar.[7] In an attempt to avoid losing large quantities of circulating nickels to melting, the United States Mint introduced new interim rules on December 14, 2006 criminalizing the melting and export of cents and nickels. Violators of these rules can be punished with a fine of up to $10,000, five years imprisonment, or both.[8]
Both the US pre-1982 cents and all US nickels have a metal content at market worth more than face value of the coins. As of June 13, 2008, the US nickel has $0.06013 in metal content; all circulating US nickels carry a 20.3% premium over face value in metal content metal at market prices. The intrinsic value of pre-1982 US cents, weighing 3.11 grams, are worth $0.02414, 141.4% above face value in metal content at market prices. However, post-1982 US cents, which weigh 2.5 grams, are 97.5% zinc and 2.5% copper (coated over the zinc) by weight. These have an intrinsic value of $0.00508 as of June 13, 2008, or 49.2% less than face value.
Costs of producing and shipping one-cent (penny) and 5-cent (nickel) coins during fiscal year 2007 were $0.0167 per cent and $0.0953 per nickel. Canada switched to making plated steel coins in the year 2000, where the face value of some older coins is below the metal content of those coins. In a similar move on February 8, 2008, a bill was introduced in the U.S. House of Representatives that would allow for changing the metal components in U.S. coins due to the rising cost of commodities and the declining U.S. Dollar.[9] No such bill has yet been signed into law.
The silver content of nickels minted during World War II from 1942 to 1945 is 1.75 g (0.062 oz), and is valued at $0.83 based on the closing price of silver on March 25, 2009.
Nice report on nickels Wes. I went out for about an hour and a half with another Vision owner. We ran into interference problems from sodium vapor ballasts firing. It was nearly 7PM when we started. Once we re-adjusted the RX gain the problem was handled and nickels showed up. I found three in addition to a couple of quarters, dimes and copper pennies. No Zinc at all and that's strange, but the nickels sure did show up. The magic number is 19 and if the % doesn't look good, dig um anyway! seems like the lower percentage is due to iron near the nickel. The analyser curve will even show a dip near the base line, dig it anyway. It will usually be a nickel.
John London
BTW they were running about 3-4" deep. The dates were good and I really did expect silver, but -------
(
John London
BTW they were running about 3-4" deep. The dates were good and I really did expect silver, but -------
(Found a couple of older nickels with the V3. The older is an 1886 or 1888 (can't make out the last digit), the newer one is 1899. They older one gave a scratchy broken signal that jumped around but was mostly a 19. It was about 6" deep in a park that has probably yielded all of its silver. The newer one was 4" deep with a solid 19. New strategy, forget the silver and use the V3 to find old nickels -- it might be all that is left in some of these parks?
I didn't use the analyze mode for either coin. I often do. The analysis mode seems useful sometimes, sometimes not. The older coin was deep enough where I was going to dig it anyway and the other had such a solid read I was pretty sure it would be a nickel. On possible silver targets I sometimes switch from coins to the deep silver program to see how it interprets the target -- but you gotta move the coil slower, more like an Explorer SE.
jamie.sliva
New member
Can I ask what program mode you were using? and any adjustment from preset? Thanks Jamie