Save Your NickelsSubmitted by netzorro on Mon, 08/10/2009 - 19:05
"Unlike US dimes and quarters, which stopped being made of 90% silver after 1964, the composition of a nickel has essentially been unchanged since the end of World War II. It is still a 5 gram coin that is an alloy of 75% copper and 25% nickel. (An aside: Some 1942 to 1945 five cent coins were made with 35% silver, because nickel was badly-needed for wartime industrial use. Those "War Nickels" have long since been culled from circulation, by collectors.) According to www.Coinflation.com, the 1946–2008 Nickel (with a 5 cent face value) recently had a base metal value of $0.0677413. That was 135.48% of its face value. (In recent months, with the recession, and a decline in industrial demand for copper, the base metal value of a nickel has dropped. But even at today's commodities prices, you will start out with a 10% gain by amassing a stockpile of nickels.)"