Wednesday, April 18, 2007

Hoarding Nickels

If sorting through rolls and rolls of pennies is just not your thing, then you may choose to hoard nickels. I actually do both. The composition of the common nickel is 75% copper and 25% nickel. The price of copper alone is enough to make a nickel worth more than its face value but the price of nickel is increasing too. You do not have to do any sorting with nickels since they have held that composition since 1947, though you may want to sort through to look for older nickels. I do both nickels and pennies to have diversity with my hoard but this is entirely up to you.
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Running Totals:
Copper Cents: 2200
Nickels: 800

Face Value: $62.00
Metal Value: $130.39

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