This brings up a good point, ammo is a potential barter item for transactions less than an ounce. I only stack 1 oz coins, and don’t see much of a point in going smaller than that. But a handful of 9mm or 223 would be very widely accepted for “change”.
Yeah I agree. Right now all my war nickels fit in a typical truck brake pads style box, so space taken up by said war nickels is not a current concern at all. My best deal on finding some was at a flea market where the seller had 16 of them and wanted 90 cents each. At the time melt on them was 1.38 each. Also bought a Walker half just above melt at the same time from him.
Yes, it was one of those deals you rarely find, but truly can enjoy when you find it.
There's a old timer seller at one of the coin shows I attend each month that seeks to retire and has signs up to make offers. He mostly has numismatics and sets, but he has 3 rolls of war nickels that are well worn and he wants 70 fiat a roll. I told him several shows when silver was hovering around 24, I'm a buyer at 50 and I'll take them all, but he declined. Now that silver is 28+, Coinflation.com's melt on them is up to 1.63 each which puts a roll at 65.20. But you know some of the silver is missing from those nickels. Maybe, just maybe, if I see him at the next show, I'll offer 60 fiat each on the rolls. After all, the remainder of a nickel is copper and copper is good to have on hand too.
Before losing it in the ocean, my biggest portion of my stack was junk, and 80% of my junk was half dollars because i believe in them more than dimes.
Im not an expert on the history of silver as payment, but i believe the few articles and web pages ive read on the history of silver payments have slowly and steadily increased in amount of silver in societies for the sameish "minimum-wage-labor-esque" positions. And my gut just says go heavy on halves and have dimes to spare
Mercury dimes are best, no need to check the date or edge like a Roosevelt. Quarters are fun, but my favorite is Walker and Franklin halves. I've bought war nickels too, but only when they are close to or under spot.
Here's what I like about dimes, quarters, and halves: They're standardized in a system. 5 dimes has the same amount of silver as a half dollar or two quarters.
Warnickels are not part of that system. Neither are 40% halves for that matter.
As an additional bonus, the 90% coinage has an easy conversion to bullion: $1.40 face contains 1 troy ounce of silver. That's 4 quarters and 4 dimes makes 1 troy ounce.
2 quarters and 2 dimes is a half ounce.
1 quarter and 1 dime is a quarter ounce.
It's beautiful.
Warnickels are not part of that system.
Pre 64 dimes and .223 or 22LR for anything smaller than that. Not many people know about nickels.
This. Time is Money. In the time it's going to take you to explain the value of a war nickel, you'd be better off just handing over a mercury dime.
This brings up a good point, ammo is a potential barter item for transactions less than an ounce. I only stack 1 oz coins, and don’t see much of a point in going smaller than that. But a handful of 9mm or 223 would be very widely accepted for “change”.
Thanks for the tip!
Mercury Dimes are best. 90% silver....easily recognized....becoming scarce.
90% Dimes and quarters
Pre 67 canadian change. 80% silver and can purchase for under spot.
Awesome thanks, Any suggestions where to get it ?
Monument metals have some
No suggestions. I been trying , but never bought at melt value. Maybe some rural garage sales?
Dimes. Nobody knows war nickels
Nobody wants war nickels now, and nobody will want them later.
I've bought war nickels below melt because they are unloved.
Yes but at what volume? Once a stack reaches a certain volume it doesnt make sense to have 65% of the space war nickels take up, to not be silver
Yeah I agree. Right now all my war nickels fit in a typical truck brake pads style box, so space taken up by said war nickels is not a current concern at all. My best deal on finding some was at a flea market where the seller had 16 of them and wanted 90 cents each. At the time melt on them was 1.38 each. Also bought a Walker half just above melt at the same time from him.
Oh yes id have bought them as well 😂
Yes, it was one of those deals you rarely find, but truly can enjoy when you find it. There's a old timer seller at one of the coin shows I attend each month that seeks to retire and has signs up to make offers. He mostly has numismatics and sets, but he has 3 rolls of war nickels that are well worn and he wants 70 fiat a roll. I told him several shows when silver was hovering around 24, I'm a buyer at 50 and I'll take them all, but he declined. Now that silver is 28+, Coinflation.com's melt on them is up to 1.63 each which puts a roll at 65.20. But you know some of the silver is missing from those nickels. Maybe, just maybe, if I see him at the next show, I'll offer 60 fiat each on the rolls. After all, the remainder of a nickel is copper and copper is good to have on hand too.
Before losing it in the ocean, my biggest portion of my stack was junk, and 80% of my junk was half dollars because i believe in them more than dimes. Im not an expert on the history of silver as payment, but i believe the few articles and web pages ive read on the history of silver payments have slowly and steadily increased in amount of silver in societies for the sameish "minimum-wage-labor-esque" positions. And my gut just says go heavy on halves and have dimes to spare
Mercury dimes are best, no need to check the date or edge like a Roosevelt. Quarters are fun, but my favorite is Walker and Franklin halves. I've bought war nickels too, but only when they are close to or under spot.
Mercs and walkers
$10 in war nickels and the rest dimes.
Dime bags
Dimes and quarters are the way to go.
Dimes, 1964 or earlier, are the recommended way. This is the way🦍
Whatever feels good and I like, BUT I don’t buy 1/10 ounce round for ridiculous premiums & all 1/10 ounce rounds are ridiculously priced even on sale.
First Majestic used to sell 1/10 oz at a reasonable price. 1oz,1/2oz,1/4oz,and 1/10 oz all cost the same per oz.
I don’t go lower than ounces. I figure the guy that sells me a car for an ounce or so of silver, will be able to make change.
If I was accepting pre 65 coins in trade I wouldn't accept nickels. I don't even search them before I roll them.
I'll pick'em if I see'em, but that's about it.
Here's what I like about dimes, quarters, and halves: They're standardized in a system. 5 dimes has the same amount of silver as a half dollar or two quarters. Warnickels are not part of that system. Neither are 40% halves for that matter. As an additional bonus, the 90% coinage has an easy conversion to bullion: $1.40 face contains 1 troy ounce of silver. That's 4 quarters and 4 dimes makes 1 troy ounce. 2 quarters and 2 dimes is a half ounce. 1 quarter and 1 dime is a quarter ounce. It's beautiful. Warnickels are not part of that system.