| Title | : | Lincoln cents and Jefferson Nickels.. Should you be hoarding them? The US loses lots of money! |
| Lasting | : | 9.13 |
| Date of publication | : | |
| Views | : | 1.628 |
| Liked | : | 0 |
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I loved it when you said "I'm speaking like a child In case the government is listening" It's the only way the government can understand! Priceless 😅😂😂 Comment from : Richard Metcalf |
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Save all your coins Comment from : RadAcull |
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Thank you for your video For those 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 $2452 per pound on May 1, 2007 and the highest price of copper was $476 per pound on May 10, 2021 That means a 5 cent nickel coin at their highest metal content prices would be worth 1078 cents each which is 1156 above their face value Nickel is a key component in lithium-ion batteries, used in electric vehicles as well as many other rechargeable devices Nickel packs more energy into batteries and allows producers to reduce use of cobalt, which is more expensive and has a less transparent supply chain There is only approximately 2 Lithium in a Lithium Ion Battery Comment from : Jade Nephrite |
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Also, current melt price is 18 above face value for the nickel 100$ gets you 118$ in nickel melt value Comment from : Artur augustynek |
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Saw this coming years ago Have been hoarding nickels for a few years Have thousands of dollars in just nickels lol Tesla needs nickel and copper for the EV’s Copper for wiring and nickel for batteries since the technology is NMC 8-1-1 Meaning 80 nickel, 10 manganese, 10 cobalt Newer gen batteries will be 9-5-5 90 Nickel Comment from : Artur augustynek |
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I save the 98 copper pennies and nickels as I get them in change but if I have $200 to spend I'd rather get silver ounces or junk silver Spending $200 on a box of nickels and $100 on 4 boxes of pennies and to have to go through them and pick out the 98 copper ones is tedious Silver is where the big money goes Comment from : Bob C |
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Just hoarding the copper pennies Got a few older nickels but no hoard there yet Comment from : Boris Buliak |
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Saving all one cent Lincoln pre-1982 Comment from : mvl9591 |
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government isnt a business lol but think theyre going to make em outa steel soon Comment from : Edward Morley |
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Dimes cost 373,Quarters were 901Lets number crunch,pennies, 176+ nickels, 742+ dimes,373+ quarters, 901=2212Penny,nickel, dime, quarter equals 41 cents,subtract 2212 cost=1888 profitLook at all the crap they want on the new stimulus package, now that's wasting money Comment from : JRW3 |
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Dammit I guess I'm stacking nickels too now Curse of knowledge apparently Comment from : silver akuma |
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Hoarding them is pointless The price will drop again like it always doesbrbrBesides, what are you gonna do? Melt down nickel and sell nickel bars? Comment from : Silver_Something |
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Zinc Comment from : Andy Slingblade |
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The metals their using now in the pennies Are junk metals, I only save the All copper pennies, ( Knowing copper will get only higher ) And, old part Nickel Sliver Nickels, As well as any before 90 Sliver Coins, They will stop makin coins once we go all digital, That's their plan Comment from : Look Here |
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Sil'Verine, I like wasting money on our pennies It's American Do you have any idea how much our government wastes on other fruitless endeavors? This is just a penny in the bucket Comment from : Joe Ramirez |
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It's our money they are wasting so no problem! Easy to spend someone else's money Remember, they are professionals Comment from : Silver Cuda |
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I think you should hoard cents especially the older ones made of copper Nickel is also getting expensive Your doing the right thing Silver Wolverine Nothing is making sense at all Comment from : gold maple |
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Your local government spends money on public services and road maintenancebrDo those investment turn a direct profit or loss?brLossbrYeah, but they allow residents to more effectively conduct taxable commercebrbrLIKEWISEbrbrYes, production of the penny & nickel cost more than their face valuebrHowever, their effective "working lives" allow multiples of multiples of taxable commerce to transpirebrbrYou just gotta look at it the right waybrTo see the silver lining you gotta change your perspectivebr;) Comment from : fuzzygreysocks |
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Just buy one $100 or $200 bag of nickels a month- when the new design is out they'll pull the old ones from circulation in a super fast way In a month you'll only see the new ones with a few old style in the mix, six months later only the newbrbrA hundred dollar rolled bag fits in a 762 ammo box and is easy to store awaybrbrYou can always get your money back Comment from : Gardener Earth Guy |
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The government stop wasting money boy that would be funny Comment from : Glenn Saulsbury |
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I've been saving real copper pennies, too I should save those nickels, too Comment from : A CATAL |
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Why do you think they charge those premiums on the platinum coinslol Comment from : Jesse L |
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Easiest investment you can make is go to the bank and order boxes of coins and just hold them Later hunt for Silver and COPPER and likely Nickel The big secret is hunting for half dollars doesn't have to have a "return" bin because every coin has over 10 grams of Copper in it regardless of the year (if not Silver) Tell me one time you've paid less than $150 per ounce of Copper? And in this current environment, good luck That means that once everything 10x's-50x's like Copper is on the verge of and Silver soon will be, you can just cash in In the worse case scenario (won't happen) just turn your coins in for face value and exchange for Silver if you can find it Mark my words, there will come a time when change given back is worth more than the dollars given to pay the bill So change will become impossible to get as the GREAT HUNT begins!!!brbrSilver (and Copper and Gold and even Nickel) to the Moon Soon!!! Comment from : Co ClownShowWorld |
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Thanks Comment from : Timothy Whittington |
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Silver Wolverine I was reading this article Yesterday I brdon't see the USA mint doing away with the penny orbrnickel any time soon Comment from : Rocky superstar |
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LUCKY #13 Comment from : Rocky superstar |
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The government of Canada asked the banks and individuals to submit their 999 nickel made coins back to them The 999 5 cent nickel coin is about 13 cents US and is about 18 cents Canadian No way that anybody that has pounds of nickel stored up over the years is going to give it back Ahhaha Comment from : Cherokee Fit |
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Tjats beating a dead horse 🐎 🤯🤯🤯🤯 Comment from : SLAYER STACKER |
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They make a killing on they’re precious metal products ⚖️ I’m sure they’re profiting 😒 Comment from : C J |
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I also save all the copper cents I find Comment from : Jason Gomez the ice cream man |
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I save all copper pennies I find Comment from : Mikee Vee |
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Great information thanks for sharing Comment from : Scott Cahala |
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🤩🤩🤩👃🏻🍻 Comment from : NOSEMATICS |
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#1 First again Comment from : Silver Honda |
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