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US Coin Alloy Changes Coming Soon! Should You Save Nickels?




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Information US Coin Alloy Changes Coming Soon! Should You Save Nickels?


Title :  US Coin Alloy Changes Coming Soon! Should You Save Nickels?
Lasting :   14.03
Date of publication :  
Views :   11 rb


Frames US Coin Alloy Changes Coming Soon! Should You Save Nickels?





Description US Coin Alloy Changes Coming Soon! Should You Save Nickels?



Comments US Coin Alloy Changes Coming Soon! Should You Save Nickels?



JM Unleashed
+++ Nickel Stacking!
Comment from : JM Unleashed


Richard Metcalf
+++ nickel stacking So Nickels are the most valuable Circulating coin?
Comment from : Richard Metcalf


Rocky superstar
I will Leave another comment SAL :-)))
Comment from : Rocky superstar


The global warmer
👍🏿
Comment from : The global warmer


Gilbert Fleming
Thanks for the advice I have two $100 boxes of nickels I’m going to take them to the casino!
Comment from : Gilbert Fleming


Robert Ayers
With all the comments on this subject about nickels, why did the billion or millionaire purchase a ass load of nickels a few years ago? That should raise a eyebrow or a lightbulb that something is about to happen far as the nickel If you don't read the signs now like the wealthy man did years ago, we will be Sh**ting bricks for lunch I have old collectible nickels as well as a slew load of them, I'm keeping all of them, it's just like the stock market, you will never know what bright light is at the end 💸💸💸💵💰??? Keep your US and Canadian Nics, don't regret it later
Comment from : Robert Ayers


David Sandy
Never mix copper and iron If melted there is no way to separate the copper from the iron
Comment from : David Sandy


David Sandy
At some point coins will be cardboard Just like the mil
Comment from : David Sandy


David Sandy
The copper coated zinc penny is interesting The zinc is an anode, the copper is a cathode The coins will self-destruct over time I don't think that was planned but it will happen if the coins are exposed to the environment
Comment from : David Sandy


David Sandy
They should discontinue both the penny and the nickel but they can't discontinue the nickel unless they replace the quarter If I were KING, there would be the dime, the twenty-cent piece, the half dollar, the dollar and the two-dollar coin In paper money the $5, the $10, the $20, the $50, the $100, the $200 and the $500 That would adjust for inflation, but I don't think that the government is really interested in people having currency in their hands
Comment from : David Sandy


Cisco Kid
Have you seen the news lately???
Comment from : Cisco Kid


Andy Reznick
The US Mint, boldly taking up the question, what can you buy for a nickel? Answer: Nothing, not even another nickel
Comment from : Andy Reznick


Jason Luchtel
It would be an interesting concept for the government to make every denomination of coin out of pure copper and weight and size of the coin would be sized to what that denomination is worth in present market in copper A penny would look like a tiny 2 mm disk but it would be at least a cent worth in copper A quarter made in pure copper would be about the size of a dime but would actually have 25 cents of buying power in copper And so on Sort of a cool concept
Comment from : Jason Luchtel


Hydra
What i don't understand is why the 5 cent coin is bigger than the 10 cent
Comment from : Hydra


Jade Nephrite
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


chriss4365
Why not make the coins out of steel like other countries do More worthless I heard 2023 is the last year they will Mont the cent
Comment from : chriss4365


Foto Favoloso
What coin has more copper the pre 82 penny or the nickel?
Comment from : Foto Favoloso


Christopher Wiley
Here we go, so get rid of the cent and nickel Stop making 1 and 5 dollar bills, and use that same metal to make a new dollar and 5 dollar coins
Comment from : Christopher Wiley


C Ted Barber
I don't think there should or will be a rush to hoard nickels in the current composition until the value of the nickel and copper in the coins (not manufacturing costs) exceeds at least 2x the face value of the coin When copper finally rose above $3/lb is when people started pulling them out of circulation in greater numbers Today when you pull a pre 82 cent out its copper melt value exceeds that 2x face value When melt value of nickels 10 cents that's when you should start pulling them if they do change the composition
Comment from : C Ted Barber


HoosierStacker
If they had their way, the Establishment would get rid of all coinage entirely
Comment from : HoosierStacker


May the Schwarz be with you
Wonder if they could save money by dishing out the center of the coin from the rim, much like how companies saved money by dishing out the bottom of peanut butter jars
Comment from : May the Schwarz be with you


Paul Richards
I found a nickel in a parking lot today That's always a "win"
Comment from : Paul Richards


Patman
Wooden nickels!!
Comment from : Patman


Patman
Money is nearly worthless, now it's totally worthless!!
Comment from : Patman


Daniel Perez
And once again, Salivate Metal entices me with his juicy intro, insightful thoughts, and a voice just MADE for thrashing <333
Comment from : Daniel Perez


John Boyle
Do we really need all the coin denominations we have ? Seems like there obsolete
Comment from : John Boyle


Truth Lives
Sal, What I got out of this is the idea of sucking on a penny for the zinc health value😂
Comment from : Truth Lives


Geoff Bosco
Been saving mine for over decade and it's finally happening!
Comment from : Geoff Bosco


Steve Elder
Really? I'm still trying to remember why I started saving silver
Comment from : Steve Elder


chad siewert
The composition of the nickel is not being changed so the government can "make money" or "save money" by producing a coin cheaper than face value The composition is being changed because at higher metal prices nickels will be hoarded and melted in mass In other words, the government either produces nickels with cheaper metal or there will be a never-ending shortage of nickels no matter how many are produced
Comment from : chad siewert


John Reihm
Save your copper cents, pre 1982
Comment from : John Reihm


richard c
I am more interested in how Biden is going to save America, I don't care of metal changes, its a waste of time and effort as people starve and the people die with the new covid strain!
Comment from : richard c


The Blake
Quite simply put: No
Comment from : The Blake


Kozmic Karma Koala
I'm gonna save every nickle, I will need them , for we are in a real pickle ! Aw bSHITE/b !!! bXDDD/b
Comment from : Kozmic Karma Koala


J Halla
I heard a guy bought $5 million in nickels a year or so a go Made since
Comment from : J Halla


Cache Katz
And the US penny's end will be complete by April 2022
Comment from : Cache Katz


The Silver Angel
If American started backing currency buy Silver and Gold literally making silver coins againBlessings would riseGreed killsWe are in this togetherGiving gives life
Comment from : The Silver Angel


The Silver Angel
Bring back gold and silver currency
Comment from : The Silver Angel


The Silver Angel
I though about the future copper might be a reason to save nickel now
Comment from : The Silver Angel


Ding Dong
nickle is on a boom cycle
Comment from : Ding Dong


Skeptic Contrarian
I always do save them I need loose change to buy drinking water from a water dispenser Stay cool, Mr Sal
Comment from : Skeptic Contrarian


Joseph Hernandez
Do you have a way I can send you a picture? My 2021 Silver American Eagles are off center and and I want to know if they are unique
Comment from : Joseph Hernandez


Rick’s World
It won’t help “them”, as far as saving much money, but in doing so, they will prevent ppl from having some coins that may have a slightly higher melt value, when they trash the dollar
Comment from : Rick’s World


COIN COLLECTING FUN
Like 227!!!!
Comment from : COIN COLLECTING FUN


Roberto Rosa
Damn it I been saving nickels Since the Plandemic started it March 2020
Comment from : Roberto Rosa


Fiat Destroyer
This feels threatening!🔥🔥
Comment from : Fiat Destroyer


HomeBrew
I hate nickels Now I have to make more space to permanently hold all the stupid nickels I hate having in the first place Just terrible news sal
Comment from : HomeBrew


BNIBCD Creative Media
Its because of the rise of copper So yes start saving those nickels Over the next few years the value will rise further Theres no stopping it and big brother knows it They may have to consider aluminum soon
Comment from : BNIBCD Creative Media


Stormy Day
What an idiot Nickels 75 copper He said they are worth 65 cents Copper is @ $360 pd So 5 cents worth of copper in a nickel But hey I'm just a peasant Saving pennies waiting for a vaccine
Comment from : Stormy Day


MYC ODD APP
I don't always get time to watch videos but I always got time to come like uncle sals videos because he's a god damn legend 🛳🌊🌊🌊🇺🇲
Comment from : MYC ODD APP


Frank McGarry
Maybe if they stopped inflating our currency this wouldn’t be a problem
Comment from : Frank McGarry


JimM
Isn't it cheaper to just loose money
Comment from : JimM


Bob S
i been saving nickels, dimes too working till the sun don't shine, lookin' forward to happier times
Comment from : Bob S


Tony Wiedner
Nickles hurt more than penny when flipped from finger ,can take a mans eyeball out at ten paces
Comment from : Tony Wiedner


cherrygarciafan
Zinc doesn't corrode Galvanized steel is zinc plated steel
Comment from : cherrygarciafan


laughing lion
I've been saving pre-1981 penny's, and all my nickels you can't print metals like the phony fiat paper money
Comment from : laughing lion


BWilliams
I save every nickel that crosses my path
Comment from : BWilliams


Eric Wallace
At this point the US Mint could mint coins that look just like play money and people will still think its real money
Comment from : Eric Wallace


Justin Waters
Plastic poker chips next
Comment from : Justin Waters


🐲 My Kitten Is A Grand Master 🐉
Sup Mister SM and everyone
Comment from : 🐲 My Kitten Is A Grand Master 🐉


M- Nice
It seems they are preparing for a highly devalued United States dollar
Comment from : M- Nice


MrMnmn911
Buy gold
Comment from : MrMnmn911


J
I'm actually impressed that the US Mint is still minting metals, I would have thought they would be minting recycled plastic coinage by this point in the game
Comment from : J


J D
I’ll take what I would have put in Nickels and buy Silver!
Comment from : J D


Tempest12
It may have already been posted but I use this website to track common coin valuesbrCoinflationcom
Comment from : Tempest12


john shoultz
dime, dime, quarterdollar !!!
Comment from : john shoultz


Eddies Little Stack
I've been saving my 81/82 pennies for a while nowbrThe differences with saving the nickel (coin) is the cost to make might be over 5 cents but the cost of the material of the coin after its minted IMObrBut wither way the elephant in the room with saving US Coinage is that a copper penny might be worth 2 cent is selling it for that But heck at one point that was the deal with 90 silver coins too
Comment from : Eddies Little Stack


Paul Baker
Here's my two cents, it doesn't make sense to save your cents So if you have a keen sense you wouldn't save your cents Hope this makes sense!
Comment from : Paul Baker


Eddies Little Stack
Very interesting indeed I wonder why they didn't add the half dollar & dollar coins onto that cool chart? I know that those two coins aren't as well known but they could of advertised them by putting them to on that chart I've heard that the mint likes the dollar coins because they last a long time despite costing more than the paper dollar bill
Comment from : Eddies Little Stack


Monte
Sal, my Nana Jane said " don't take any wooden nickels" I still have the one she gave me lol Great show, great info once again Thanks man
Comment from : Monte


k98killer
There really isn't much utility cost to having a hundred dollars in nickels tucked away in your garage or closet Best case scenario, they have a guaranteed floor value of 5¢ each; worst case scenario, we Zimbabwe ourselves and can use nickels for barter because their metal value will be much higher than their face value
Comment from : k98killer


Ken Kaufman
hmmm The melt value of $20 in nickels is $22 The melt value of $157 in pre-1981 cents (1 lbs) is $360 I think the math speaks for it self Now mind you the Penny and the Nickel didn't lose value, the Dollar did, and the collapse is just starting Each taxpayer's share of the national debt (278 Trillion) is 222,000, when can we expect your check? Sorry, but nickels should be saved as they are worth more than face value Much like Gold and Silver disappeared, because government cannot stop printing money Gold, Silver and Platinum should be purchased to protect wealth, period
Comment from : Ken Kaufman


Silver Surfer
Make that a short while 😁😁😁
Comment from : Silver Surfer


Silver Surfer
OKOKI promise not to anymore comments for a while!!!🙈🙉🙊!
Comment from : Silver Surfer


kevin latulippe
In Canada we have gotten rid of the one cent or penny as we called them and the nickel is next on the chopping block Stack On 🤘
Comment from : kevin latulippe


Silver Surfer
Put your health, safety, and well-being 1st! Stacking later!!! But remember to stack for your health, safety and well-being always! That's as philosophical as I'm gonna' got!
Comment from : Silver Surfer


mschroed99
Solid NOOKLE
Comment from : mschroed99


Silver Surfer
🤔🤔🤔 Hmmmmmmif SaL was a black guy, would the "Louie Armstrong of the Silver Airwaves" sound more like it?
Comment from : Silver Surfer


Silver Surfer
I" Double-Dog-Dare You" to ignore me! 😁😁😁🙄🙄🙄
Comment from : Silver Surfer


Rocky superstar
LASTTTTTT :-)) A penny earned is a Nickel saved brSilver Honda Beat me :-((
Comment from : Rocky superstar


CoinFlipper
Is the 2021 nickel going to turn into the 1982 penny???
Comment from : CoinFlipper


NOSEMATICS
Very interesting 🤩🤩🍻🍻
Comment from : NOSEMATICS


Chris Garner
US Mint: We produce money for the US in the form of coinsbrbrUS Mint: We are loosing money in making money because it cost more money to make money than the money is worth brbrMe: Correct me here if I’m wrong; In order to make the money, you have to use money, (paying with money for the metals to make money) , make the money, and try to make money off of making money? That makes centsbrbrbrI should work for whoever supplies the US Mint with the metals
Comment from : Chris Garner


CoinFlipper
Can you imagine if the us hadn’t swapped silver in the 1960’s??!!!? The prouchious metals we would be stacking today would’ve been copper and gold!!!!😂
Comment from : CoinFlipper


Silver Surfer
Sal IS and will ALWAYS remain the "Wolfman Jack" of the Silver Airwaves!!! (So sez' the "Silver Surfer")🌎🌏🌍📈📊📉!
Comment from : Silver Surfer


Kendall Kidd
Will banks give out rolls if any? Most bank lobby's are closed How much is a box of rolled nickels???
Comment from : Kendall Kidd


Eric Kisel
The end game is to get rid of fractional coins altogether and force us to use dollar coins when the BEP stops printing one dollar bills
Comment from : Eric Kisel


gold maple
Salivate your missing out Totally missing out Canada That's the place you got to be, man
Comment from : gold maple


gold maple
Salivate you can save nickels or better still move to Sudbury, Ontario, Canada That's the Nickel capital of the world We can be neighbours bro I will fill you up with Crown Royal, Tim Hortons coffee, and some poutine (French fries smothered with beef gravy and cheese curd) and you got to try the donair (thin sliced beef off the rotisserie spit with sliced onions/ tomatoes and secret white sauce on Naan bread)
Comment from : gold maple


Mutant Ryeff
56kg of nickel needed for each EV
Comment from : Mutant Ryeff



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