Thank you for your very informative video. For those of who are not aware, Texas billionaire Kyle Bass has hoarded a million dollars face value worth of nickels which are 20 million 5 cent coins since 2011. The highest price of nickel was $24.52 per pound on May 1, 2007 and the highest price of copper was $4.76 per pound on May 10, 2021. That means a 5 cent nickel coin at their highest metal content prices would be worth 10.78 cents each which is 115.6% above their face value. After 1967 when the Canadian Mint discontinued using 80% silver in their coins, they switched to using pure nickel for their $1 coins from 1968 until 1986 and for their 50¢, 25¢ & 10¢ coins from 1968 until 1999.
It wasnt as common as you may think. Silver wasnt really considered a stacking metal. Upon our return from Vietnam people started to really save it from their pocket change kinda the same way we save coppers today.
One of my favorite architectural metals is Monel. It's an alloy of 50-70% nickel and most of the rest being copper. Got used a lot for railings, ornamental metalwork, etc... during the Art Deco era, but rising cost of nickel eventually caused it to mostly stop being used. SUPER tough and durable stuff as you can imagine. The stuff barely shows wear even after 100 years.
I agree with a great deal of what you've said here. The one thing I would take issue with is your contention and repeated reference to Copper and Nickel as "Industrial Metals". They do indeed have many industrial uses, but I think our referring to them and thinking of them primarily in this way plays too much into the hands of those who have been trying to memory hole our understanding of real natural analogue physical wealth in the form of Gold, Silver, Nickel, and Copper. All of these metals have industrial uses, and all of them can be termed, variously, as precious, semi-precious, base, or industrial in one way or another. However, as someone who stacks their wealth in physical form, I think it is best for us to think of these metals as "Monetary Metals", as they are the four metals that have been discovered over the course of the last 10,000+ years to possess most greatly and perfectly the 15 characteristics of money. Just quickly those characteristics are 1) A store of value 2) A medium of exchange 3) A unit of account 4) A standard of deferred payment 5) Fungible 6) Durable 7) Portable 8) Recogonizeable 9) Stable in value 10) Difficult to counterfeit 11) Divisible 12) Verifiabley countable 13) Inert or resistant to breaking down 14) Scarce 15) Historically proven or a long track record. Gold, Silver, Nickel, and Copper correspond to large, medium, small, and smaller purchase amounts. I believe that all four of these metals are likely to rise in both their nominal dollar value as well as their real world purchasing power over the next 30 years. They represent analogue wealth, as well as economic privacy in the future. Like you, I do have novelty Copper in the form of bars and rounds, but I entirely agree that the best way to stack these metals is by passively or actively collecting them out of the current coinage that still circulates in the economy. Unfortunately, the lifespan of paper money, and therefore, coinage is likely to be only 5 or maybe 10 years at the most. I have a significant collection of Canadian pennies and nickels as well. I also pick up foreign coinage, when I can find it it for a good price. From these pickups, I've developed quite a few pounds of foreign coins made of Copper or Nickel bullion, such as the British 2 Pence and the French Franc. To me, the focus should remain on stacking Gold & Silver, but diversity or variety within one's stack will equate directly to increased future options for the stacker. While you may not be able to store the majority of your wealth in Nickel and Copper, you can store enough wealth to make a difference in the kinds of options you'll have in the future. There will come a time when even a 90% Silver dime will be too much wealth to actually make change with, and having things like Nickel or Copper would be very useful in that circumstance. Losing a few dozen cubic feet of space in your garage or wherever else you end up storing your lower tier monetary metals will be inconsequential in the grand scheme of things. As we are coerced into Central Bank Digital Currencies in the future, I think the status of these four metals as "Monetary Metals" will become much more prominent in the minds of many who are struggling against the tyrannical surveillance state and attempting to preserve some level of freedom and privacy. Believe it or not, I keep pre-82 pennies, pre-2004 nickels, pre-2000 dimes, and pre-99 quarters. Only the pennies and nickels are truly worth keeping at today's prices, but I keep at least some of the others because I expect all metallic coinage to be debased and/or discontinued in the coming years. In addition, I think that little discs of Copper may prove to be a valuable local currency or bartering item. I came up with relatively arbitrary cut-off dates or what I keep just because I didn't want to keep all of my change. Once the Nickel's composition is changed, I'm sure I'll keep every year of American Nickels, pre-composition change. Anyway, great video!
I totally agree with you. And now is the time to try to stack those 4 metals as much as you can before its all gone. The day will be coming and I'm afraid it will be sooner than later.
@@TheTcooper50 Read widely from people who know what they are talking about. "Economics In One Lesson" by Henry Hazlitt, "Money, Greed, and God" by Jay W. Richards, "Poverty & Wealth" by Ronald H. Nash, any books by James Turk, and everything James Rickards has written. There are dozens of others, but just read widely from wise men who understand reality well.
Copper is not just an industrial metal. It is a precious metal. Brass/bronze was used extensively in the Israelite tabernacle and temple. And of course, copper has been used in coinage for thousands of years, and still is to a certain extent..
It's as close as you can get to precious metal while still being a common earth metal. I kinda get what he meant, it is the least reactivate of the common metals.
Something else that will be big for copper is its reintroduction to general usage as a surface metal due to its anti-microbial nature. It's much faster to kill viruses and bacteria than even silver, and unlike silver it doesn't require moisture for this process to happen. Notice most of the newer water fountains use a recent FDA approved copper alloy that looks like stainless steel and is slow to tarnish (usually they have a sticker mentioning it).
Great video. I don't save buckles but will now. Not going to go buy a box. Just going to start keeping them separately from my other change. Like I do pennies.
From 1968 to 2000 Canadian dimes, quarters, and half dollars were 100% pure nickel also. From 1968 to 1986 their dollar coin was also 100% nickel. Just an FYI that you can look for more than Canadian nickels for the pure metal.
Wow I stack gold silver and have jars of joins jewelry but man you made this penny and nickel thing real for me thanks I'm so glad I watched this video very smart man. Thanks for ur time
Copper also has a nice unique color, plus if your a element collector it pairs well with gold and silver since they are in group 11 of the periodic table
For a copper penny to increase in value to where it's worth 1/25 of what a silver quarter is worth today it would only have to raise in value to about 22 cents. That might sound crazy but a silver quarter today is worth about 22 times it's original 0.25 cent value.
Hello and I really enjoy your videos. I'd like to see a video made on the break down of palladium and platnium in a catalytic converter. There's a interesting video. Thank you Charlie W
If the U.S. decides to end penny production, I think this will cause even more people to start pulling the copper pennies out of circulation, and this will drive up their price even more than higher copper prices. I mean, there are people paying 2-3+ times face value for rolls of pre-82 pennies right now on Ebay, and I think that if penny production ceases, rolls of copper pennies will be selling for WAY more than they are now.
canadian silver stacker here. been saving pre 82 nickels for a couple years now. my only concern is an exit strategy. hoping the government changes the law about melting coins is not that good of one imo. any suggestions?
Careful about investing metals based on what is used in batteries. I lost money investing in cobalt mines because they were strategic in lithium battery production. The country where the mine was located, decided that they wanted a bigger cut of the profits and the mine basically closed.
1 in 9 pennies are copper n go for 0.10-0.22 so 15 cents n 0.25 cents to 2.10$ for rare S dates, nickels melt is 6 cents but minting cost 11 cents and their more trade of copper and nickel coins above face value
You can melt coins as long as you don't intend to sell the metal. The TH-cam channel "How to Make Everything" in "how many pennies to cast a sword" went through the legality and it is legal to do under certain conditions including entertainment.
Only good thing about saving coins is they dont usually melt in a house fire. And it's hard to steal them without a wheelbarrow. And mice dont eat them.
I did not know that the Jefferson nickel that's currently in circulation has COPPER?!?!🤔 So is it best to save those coins for the copper content? Is this TRUE? Please clarify🤔.
How about you do a video on scrap iron? Melt it down into bars, put some fancy smancy stamp on it, give it a serial number, polish it up and put a 500% premium on it and let's make a fortune??!!?
I kept telling my coin guy that if their was ever a strategic strike on our freedom, someone would manipulate the nickel price causing a run on the banks and going to a completely digital currency. I was sort of right until they reversed all of the sales in the LME.
I save copper pennies. Adds some excitement to my day. I find them often. Their out there . Copper is going to increase . Not like silver but to the point where they won’t be any copper in our currency . Even though they took the copper out of the penny . Clad coins are mostly copper so they use a lot of the metal for our currency . Silver all the way . Silver will be the next gold in the years to come . Precious metal that is industrial ad well . Silver is my main focus. I stack a percentage of my paycheck every week get mostly constitutional . Can’t go wrong with the junk silver . Canadian silver right at spot too .
Those copper bullion bars are such a rip off but I want one so badly. Most I'd pay for a 10 lb bar is $60 rn. Maybe I should just go to Home Depot and try to make my own xD
As an American I could go across the border, go into a bank with dollars and ask for conversion to $5000 Canadian nickels for spending money while in Canada?
Don't melt it, take $1000 and buy 20k nickels with it. Curently it holds a intrinsic value of .17-.20 cents, so 1k worth of nickels holds. Intrinsic value of $3500-$4k right now. Go and rob the banks!!
Both the penny and the nickel should have been discontinued years ago. The penny hasn't because some states want their sale tax, misers that they are. The nickel will exist so long as there is a quarter because it is needed to make change. If things were done properly, the smallest coin would be a dime, followed by twenty cent, fifty cent, dollar and two dollar. The first paper currency would be a five, followed by ten, twenty, fifty, hundred, two-hundred, five-hundred.
Well if we keep cash long enough that may be the way things go. I think it's more likely cash just gets phased out in favor of a CBDC or some such thing. Thanks for watching, great comment!
copper is a waste of money unless you're a plumber/electrician having to tear out old copper plumbing/wires to run new plumbing like pex, or new electrical then thats better than just randomly buying copper bullion. when i worked as a plumber my boss told me whatever copper plumbing you tear out of these houses we are replacing with new plumbing is your keep for extra money at the end of year i would take all my scrap copper plumbing and scrap brass fittings to a scrap yard to get my money i would get $250 back. im a silver and gold stacker.
Don't go to a bank. You want the older nickels where Jefferson faces left. Go to gas stations in small towns, that's where I've had the most luck. Even scored a buffalo one once. If you go to the bank you are just going to get a roll of brand new ones. Compare the difference yourself. The new ones have no weight at all.
Prices of metals will only rise when the govt loses control. Or when someone stops these inside traders from shorting them. To much emphasis put on the dollar price of digitally traded metals. Also the current metal is mainly worth more because of inflation which makes them about the same price. The value is in the metal not the paper price attached to it.
A cent refers to the unit of currency. Specifically, 1/100th of a dollar. The word penny refers to the coin itself, which happens to be worth 1 cent in the US.
Too bad it takes $10-20 in fuel or electricity to melt a hundred dollars of nickels. Plus the cost of a flask and equipment. Now you lost money unless you can sell bars at a premium. The pre 83 pennies calc out but not by much.
I did not offer my opinion regarding green regulation. However, whether you like it or not, it is coming, and yes I am trying to profit from trends that I observe.
I don't understand your comment. Green energy is a good thing to strive for. Forcing regulations and increasing price on fossil fuels on Americans is very bad. Here's the main reason why. NOTHING AMERICA DOES WILL SAVE THE WORLD. China pollutes more than the rest if the industrialized world COMBINED. Between Russia and China there is NOT A THING America can do to change the so called climate change. Me, I've lived in Montana since early 80s. I can't see anyth ing that has changed at all. Fire season is the same. Winter is the same. Spring is the same, year after year. Actually we used to have hotter summers in the early 2000s than now. WE barely reach 100 degrees in summer. In late 90s and early 2000s we would reach over 100 often in summer. Not anymore. And just because we don't agree with climate regulations. The powers that be are going to force the changes on us so might as well profit. I've stacked over 25 boxes of nickels and going strong. Just wait till they try to make all the batteries for all the electric vehicles. In the next few years the metal prices will skyrocket. I'm curious how they will power all the electric cars win places like California when the power grid is already at max capacity for the homes and businesses. No way they will be able to find all that extra power. Where will it come from??? Also just saw it took the fire dept in Houston 20,000 gallons of water to put out a teslas battery on fire. Where did all that toxic water go?? I know i know.
Thank you for your very informative video. For those of who are not aware, Texas billionaire Kyle Bass has hoarded a million dollars face value worth of nickels which are 20 million 5 cent coins since 2011. The highest price of nickel was $24.52 per pound on May 1, 2007 and the highest price of copper was $4.76 per pound on May 10, 2021. That means a 5 cent nickel coin at their highest metal content prices would be worth 10.78 cents each which is 115.6% above their face value. After 1967 when the Canadian Mint discontinued using 80% silver in their coins, they switched to using pure nickel for their $1 coins from 1968 until 1986 and for their 50¢, 25¢ & 10¢ coins from 1968 until 1999.
This is why I’ve been keeping my change since I was a kid. I have also gleaned a fair amount of fractional silver along the way.
This is a really comprehensive video, thank you for putting this together!
When LBJ signed the coinage act of 1965 to remove silver from coins, I wonder how many people just bought boxes of quarters...
It wasnt as common as you may think. Silver wasnt really considered a stacking metal. Upon our return from Vietnam people started to really save it from their pocket change kinda the same way we save coppers today.
@@billydow1971 thank you for your testimony, that's truly fascinating
@@billydow1971 The smart ones ran to the bank and bought as many rolls of quarters and dimes as they could from the bank.
It's so funny to think that back then a quarter was simply worth more than the silver content. XD
One of my favorite architectural metals is Monel. It's an alloy of 50-70% nickel and most of the rest being copper. Got used a lot for railings, ornamental metalwork, etc... during the Art Deco era, but rising cost of nickel eventually caused it to mostly stop being used. SUPER tough and durable stuff as you can imagine. The stuff barely shows wear even after 100 years.
Very interesting! Pretty interesting idea to build some bullion into your home or business. Thanks for the comment 👍
Great video. I have a small collection of both. Copper Cents and Nickels are a Win-Win bet.
I have been saving both for some time.
Copper bars/coins are worth having--beautiful metal to look at and beautiful coin designs
I agree with a great deal of what you've said here. The one thing I would take issue with is your contention and repeated reference to Copper and Nickel as "Industrial Metals". They do indeed have many industrial uses, but I think our referring to them and thinking of them primarily in this way plays too much into the hands of those who have been trying to memory hole our understanding of real natural analogue physical wealth in the form of Gold, Silver, Nickel, and Copper. All of these metals have industrial uses, and all of them can be termed, variously, as precious, semi-precious, base, or industrial in one way or another. However, as someone who stacks their wealth in physical form, I think it is best for us to think of these metals as "Monetary Metals", as they are the four metals that have been discovered over the course of the last 10,000+ years to possess most greatly and perfectly the 15 characteristics of money. Just quickly those characteristics are 1) A store of value 2) A medium of exchange 3) A unit of account 4) A standard of deferred payment 5) Fungible 6) Durable 7) Portable 8) Recogonizeable 9) Stable in value 10) Difficult to counterfeit 11) Divisible 12) Verifiabley countable 13) Inert or resistant to breaking down 14) Scarce 15) Historically proven or a long track record. Gold, Silver, Nickel, and Copper correspond to large, medium, small, and smaller purchase amounts. I believe that all four of these metals are likely to rise in both their nominal dollar value as well as their real world purchasing power over the next 30 years. They represent analogue wealth, as well as economic privacy in the future. Like you, I do have novelty Copper in the form of bars and rounds, but I entirely agree that the best way to stack these metals is by passively or actively collecting them out of the current coinage that still circulates in the economy. Unfortunately, the lifespan of paper money, and therefore, coinage is likely to be only 5 or maybe 10 years at the most. I have a significant collection of Canadian pennies and nickels as well. I also pick up foreign coinage, when I can find it it for a good price. From these pickups, I've developed quite a few pounds of foreign coins made of Copper or Nickel bullion, such as the British 2 Pence and the French Franc. To me, the focus should remain on stacking Gold & Silver, but diversity or variety within one's stack will equate directly to increased future options for the stacker. While you may not be able to store the majority of your wealth in Nickel and Copper, you can store enough wealth to make a difference in the kinds of options you'll have in the future. There will come a time when even a 90% Silver dime will be too much wealth to actually make change with, and having things like Nickel or Copper would be very useful in that circumstance. Losing a few dozen cubic feet of space in your garage or wherever else you end up storing your lower tier monetary metals will be inconsequential in the grand scheme of things. As we are coerced into Central Bank Digital Currencies in the future, I think the status of these four metals as "Monetary Metals" will become much more prominent in the minds of many who are struggling against the tyrannical surveillance state and attempting to preserve some level of freedom and privacy. Believe it or not, I keep pre-82 pennies, pre-2004 nickels, pre-2000 dimes, and pre-99 quarters. Only the pennies and nickels are truly worth keeping at today's prices, but I keep at least some of the others because I expect all metallic coinage to be debased and/or discontinued in the coming years. In addition, I think that little discs of Copper may prove to be a valuable local currency or bartering item. I came up with relatively arbitrary cut-off dates or what I keep just because I didn't want to keep all of my change. Once the Nickel's composition is changed, I'm sure I'll keep every year of American Nickels, pre-composition change. Anyway, great video!
I totally agree with you. And now is the time to try to stack those 4 metals as much as you can before its all gone. The day will be coming and I'm afraid it will be sooner than later.
What is your research, books for reference? I'm loving your knowledge, a student of history and lover of all metals. Thanks for such a in depth reply
@@TheTcooper50 Read widely from people who know what they are talking about. "Economics In One Lesson" by Henry Hazlitt, "Money, Greed, and God" by Jay W. Richards, "Poverty & Wealth" by Ronald H. Nash, any books by James Turk, and everything James Rickards has written. There are dozens of others, but just read widely from wise men who understand reality well.
@@veritasfiles Thanks for the reply, excellent.
Great info!
I thought of stacking Nickels and Pennies YEARS AGO! GREAT video!
Very informative, As a coin roll hunter I have about two boxes of nickels and 5 boxes of copper pennies.
Copper is not just an industrial metal. It is a precious metal. Brass/bronze was used extensively in the Israelite tabernacle and temple. And of course, copper has been used in coinage for thousands of years, and still is to a certain extent..
Copper is not a precious metal.
It's as close as you can get to precious metal while still being a common earth metal. I kinda get what he meant, it is the least reactivate of the common metals.
I've been saving nickels for my grand kids. Premium free metal....
Something else that will be big for copper is its reintroduction to general usage as a surface metal due to its anti-microbial nature. It's much faster to kill viruses and bacteria than even silver, and unlike silver it doesn't require moisture for this process to happen. Notice most of the newer water fountains use a recent FDA approved copper alloy that looks like stainless steel and is slow to tarnish (usually they have a sticker mentioning it).
Also quite interesting. I did not know that copper had anti microbial properties.
Having been a welder for 40 plus years you got to watch metal prices especially silver soldier close my Can remember a time you couldn’t get it
Great video. I don't save buckles but will now. Not going to go buy a box. Just going to start keeping them separately from my other change. Like I do pennies.
From 1968 to 2000 Canadian dimes, quarters, and half dollars were 100% pure nickel also. From 1968 to 1986 their dollar coin was also 100% nickel. Just an FYI that you can look for more than Canadian nickels for the pure metal.
did not know this, thanks!
Thank you for the info, Im going to pay more attention to my dimes and quarters. I miss the penny Canada stop making pennies.
How can I buy Canadian money in the USA?
Agree actually I have 2 and half gallon right now all pure copper pennies 😀👍✌️
Wow I stack gold silver and have jars of joins jewelry but man you made this penny and nickel thing real for me thanks I'm so glad I watched this video very smart man. Thanks for ur time
Do more base metal videos please. Your videos are best for industrial metals.
I keep my nickels in plastic Helmanns mayo jars with the blue lid! Great vid content!!
Ha ha I like it, I'm going to guess you have several of those jars! Keep up the good work =)
I enjoy your presentations
Copper also has a nice unique color, plus if your a element collector it pairs well with gold and silver since they are in group 11 of the periodic table
I'm sooo glad I seen this before I made a coinstar run
save that copper!
great info I save all my copper and nickel here in Canada
What years are canadian nickels pure 999 fine
Thank you for posting this video. This is helpful information. I just subscribed 👍
I recently started collecting copper pennies. Great content!
For a copper penny to increase in value to where it's worth 1/25 of what a silver quarter is worth today it would only have to raise in value to about 22 cents. That might sound crazy but a silver quarter today is worth about 22 times it's original 0.25 cent value.
Never thought of Nickel or Copper... Thanks
Thanks for watching!
Great video, thanks for making!
Thanks for watching!
In Canada 🇨🇦 it's pre 1996
And many banks will still sell them to you (did it last week 👍) credit unions are best banks to ask:)
Great video. What would the exit strategy be? In the future, how do you imagine cashing those in for the price of the metal?
Hello and I really enjoy your videos. I'd like to see a video made on the break down of palladium and platnium in a catalytic converter. There's a interesting video. Thank you
Charlie W
If the U.S. decides to end penny production, I think this will cause even more people to start pulling the copper pennies out of circulation, and this will drive up their price even more than higher copper prices. I mean, there are people paying 2-3+ times face value for rolls of pre-82 pennies right now on Ebay, and I think that if penny production ceases, rolls of copper pennies will be selling for WAY more than they are now.
I like how you put this video together 👍
Thanks, glad you enjoyed it!
@@SmartSilverStacker I'm still watching
canadian silver stacker here. been saving pre 82 nickels for a couple years now. my only concern is an exit strategy. hoping the government changes the law about melting coins is not that good of one imo. any suggestions?
check ebay, seems like they are selling for well above their face value
Careful about investing metals based on what is used in batteries. I lost money investing in cobalt mines because they were strategic in lithium battery production. The country where the mine was located, decided that they wanted a bigger cut of the profits and the mine basically closed.
1 in 9 pennies are copper n go for 0.10-0.22 so 15 cents n 0.25 cents to 2.10$ for rare S dates, nickels melt is 6 cents but minting cost 11 cents and their more trade of copper and nickel coins above face value
You can melt coins as long as you don't intend to sell the metal. The TH-cam channel "How to Make Everything" in "how many pennies to cast a sword" went through the legality and it is legal to do under certain conditions including entertainment.
I remember about 10 years ago a hedge fund manager purchased 1 million dollars worth of nickels.
Good info
Only good thing about saving coins is they dont usually melt in a house fire. And it's hard to steal them without a wheelbarrow. And mice dont eat them.
Not sure those are the ONLY good things about hard money, but they certainly are some of the benefits lol
25% nickel 75% copper Canadian nickels are pure nickel
Do you said all the US nickels have 25 percent nickel in them!?
I did not know that the Jefferson nickel that's currently in circulation has COPPER?!?!🤔 So is it best to save those coins for the copper content? Is this TRUE? Please clarify🤔.
It's 75% copper, 25% nickel. The nickel content is worth more than the copper.
How about you do a video on scrap iron? Melt it down into bars, put some fancy smancy stamp on it, give it a serial number, polish it up and put a 500% premium on it and let's make a fortune??!!?
Silver, the poor man's gold. Copper, the poor man's silver. Iron, the poor man's copper.
haha thanks for watching!
What’s the box of copper called ? What bank can I buy this from ?
Get boxes of Nickels while you can, $100 face, but worth $200 in copper/nickel. You’re welcome.
I kept telling my coin guy that if their was ever a strategic strike on our freedom, someone would manipulate the nickel price causing a run on the banks and going to a completely digital currency. I was sort of right until they reversed all of the sales in the LME.
Starting to buy Copper and nickel rounds discounted
Note those rounds are getting more scarce in my country
My bank has always charged $30 for a $25 commercial Box of pennies. They need their premium too.
Dose Buffalo Nicholas have silver in them
Wow, this aged really well! Lol nickels worth 7-10cents now!!
Try .175-.20 cents !!!
I save copper pennies. Adds some excitement to my day. I find them often. Their out there . Copper is going to increase . Not like silver but to the point where they won’t be any copper in our currency . Even though they took the copper out of the penny . Clad coins are mostly copper so they use a lot of the metal for our currency . Silver all the way . Silver will be the next gold in the years to come . Precious metal that is industrial ad well . Silver is my main focus. I stack a percentage of my paycheck every week get mostly constitutional . Can’t go wrong with the junk silver . Canadian silver right at spot too .
Uk 5p and 10p coins are now plated steel
Those copper bullion bars are such a rip off but I want one so badly. Most I'd pay for a 10 lb bar is $60 rn.
Maybe I should just go to Home Depot and try to make my own xD
As an American I could go across the border, go into a bank with dollars and ask for conversion to $5000 Canadian nickels for spending money while in Canada?
Not really sure how the currency conversion works. It seems unlikely they would have that many nickels on hand, might want to call ahead!
Today a nickel is worth .10 cents
And you may stumble across some silver ones…
Yup 4 boxes
100 dollars in nickels 122.90 melt as of today
And going higher I'd expect, thanks for watching!
Copper pipe and flashing
Yep, if you have the room to stack it might as well!
You showed nickels before 2014 are worth around 5 cents. What are the nickels made after 2014 worth?
It's worth the same. The 75% copper and 25% nickle composition of the 5 cent piece hasn't changed.
chrome plated steel like Canadian coins
With the price of nickel being so high I was thinking of doing this but my brother just told me it’s illegal to melt the metal for profit😅
Don't melt it, take $1000 and buy 20k nickels with it. Curently it holds a intrinsic value of .17-.20 cents, so 1k worth of nickels holds. Intrinsic value of $3500-$4k right now. Go and rob the banks!!
Don't melt it for profit.
Wink.
Both the penny and the nickel should have been discontinued years ago. The penny hasn't because some states want their sale tax, misers that they are. The nickel will exist so long as there is a quarter because it is needed to make change. If things were done properly, the smallest coin would be a dime, followed by twenty cent, fifty cent, dollar and two dollar. The first paper currency would be a five, followed by ten, twenty, fifty, hundred, two-hundred, five-hundred.
Well if we keep cash long enough that may be the way things go. I think it's more likely cash just gets phased out in favor of a CBDC or some such thing. Thanks for watching, great comment!
copper is a waste of money unless you're a plumber/electrician having to tear out old copper plumbing/wires to run new plumbing like pex, or new electrical then thats better than just randomly buying copper bullion. when i worked as a plumber my boss told me whatever copper plumbing you tear out of these houses we are replacing with new plumbing is your keep for extra money at the end of year i would take all my scrap copper plumbing and scrap brass fittings to a scrap yard to get my money i would get $250 back. im a silver and gold stacker.
if you have the space I think there's a case to be made for stacking US nickels, but yeah free copper is definitely the best kind
i stack copper ingots but i pour them myself from scrap copper
Cool! I'm a little clumsy to be working with molten metal, but I've always thought it sounded fun 😁
@@SmartSilverStacker it is just have to be careful
Melting point of nickel is 2651 degrees.
good to know!
@@SmartSilverStacker You can melt lead at home 621 degrees, quite easily, but you'd need a kiln to melt nickel at 2651 degrees.
Very cool. 👍🏻
Get a smelter, there just gonna be more and more worth owning. All copper, aluminum etc gets put into ingot’s here
several decades?
Yes I think the trend toward renewables will last that long
Their gonna stop making copper nickels sooner than later.
Absolutely
But it is illegal to melt the change
why melt it? it's already in a perfect form of hard money
Do a giveaway for a bunch of wheat pennies
Dang it.... Looks like I'll be headed to the bank for a few hundred pounds of nickels to add to stash lol
Stacking nickels is a good workout
Don't go to a bank. You want the older nickels where Jefferson faces left. Go to gas stations in small towns, that's where I've had the most luck. Even scored a buffalo one once. If you go to the bank you are just going to get a roll of brand new ones. Compare the difference yourself. The new ones have no weight at all.
@@adultingwithnudo9484 the new ones have the same metal content as the old ones, and are the same weight
Seems kinda silly compared to the copper pennies, since there is silver
👍🏼I LOVE NAUGHTY NICKELS ‼️Nickels It sounds crazy but there is more intrinsic value in a modern nickel than a modern quarter✌️🤣🤣
Sounds like you need to play "Let's Hide the Pickle" more than wasting time and money collecting nickels 😆😆😅😂🤣
Prices of metals will only rise when the govt loses control. Or when someone stops these inside traders from shorting them. To much emphasis put on the dollar price of digitally traded metals. Also the current metal is mainly worth more because of inflation which makes them about the same price. The value is in the metal not the paper price attached to it.
Kook or cooc
And here I was gonna chuck out this 5 gallon bucket of copper pennies 😂
There are NO Pennies, only cents.
A cent refers to the unit of currency. Specifically, 1/100th of a dollar. The word penny refers to the coin itself, which happens to be worth 1 cent in the US.
Too bad it takes $10-20 in fuel or electricity to melt a hundred dollars of nickels. Plus the cost of a flask and equipment. Now you lost money unless you can sell bars at a premium. The pre 83 pennies calc out but not by much.
Why melt them down at all? They're already in the perfect form to be used as hard money.
so you believe green regulation is bad, but you decided to profit from it if policy makers do it against your will?
I did not offer my opinion regarding green regulation. However, whether you like it or not, it is coming, and yes I am trying to profit from trends that I observe.
@@SmartSilverStacker do you think CO2 is a bad thing like *we know who* says it is?
I don't understand your comment. Green energy is a good thing to strive for. Forcing regulations and increasing price on fossil fuels on Americans is very bad. Here's the main reason why. NOTHING AMERICA DOES WILL SAVE THE WORLD. China pollutes more than the rest if the industrialized world COMBINED. Between Russia and China there is NOT A THING America can do to change the so called climate change. Me, I've lived in Montana since early 80s. I can't see anyth ing that has changed at all. Fire season is the same. Winter is the same. Spring is the same, year after year. Actually we used to have hotter summers in the early 2000s than now. WE barely reach 100 degrees in summer. In late 90s and early 2000s we would reach over 100 often in summer. Not anymore. And just because we don't agree with climate regulations. The powers that be are going to force the changes on us so might as well profit. I've stacked over 25 boxes of nickels and going strong. Just wait till they try to make all the batteries for all the electric vehicles. In the next few years the metal prices will skyrocket. I'm curious how they will power all the electric cars win places like California when the power grid is already at max capacity for the homes and businesses. No way they will be able to find all that extra power. Where will it come from??? Also just saw it took the fire dept in Houston 20,000 gallons of water to put out a teslas battery on fire. Where did all that toxic water go?? I know i know.