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War Nickels

Dancer

Dancer

Well-known member
I bought 10 war nickels at a yard sale for 7cents each. Looked it up , says melt price little over $8. So half that 4$ scrap. Can this be? Has anyone of you guys ever scrapped any? Do they even accept them? As you can tell I'm in the dark here. Just need a little info before walking into a dealer.

Dancer
 
Here is a link to a site that I use to keep up with the current melt value of silver coins. It looks like those war nickels are about 88 cents each melt value at todays silver price.

http://www.coinflation.com/coins/silver_calc.php
 
From what I understand, and I may be wrong, ... those mail in silver and gold smelter guys like ARA dont take war nickels...just 925 jewelry and whatnot...the local Coin shop will I guess, and of course a silverbug.:thumbup:
Mud
 
I sold about 200 war nickels to ARA in Texas when silver was 50 bucks an ounce. I believe they are 35% silver. ARA took mine at that time.
 
Thanks RLOH...I stand corrected..:please:....I wonder now where I came up with that notion? Thats odd?
Mud
 
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