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To: Oatka

Everytime I go to the bank, I ask for 2 rolls of nickels. It’s like getting $8 back in trade for $4, at the current melt value. In a year or two, count on the mint making new nickels out of painted zinc or steel.


6 posted on 08/21/2008 10:48:13 AM PDT by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
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To: Travis McGee
It’s like getting $8 back in trade for $4, at the current melt value.

Of couse, this is why the feds recently put out a warning reminding folks that it's illegal to melt down US currency.
11 posted on 08/21/2008 11:09:20 AM PDT by Antoninus (The greatest gifts parents give their children are siblings.)
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To: Travis McGee
In order of size...
The current dime is 2.27 grams, 17.91 mm in diameter, and 1.35 mm thick.
The current penny is 2.5 grams, 19.05 mm in diameter, and 1.55 mm thick.
The current nickel is 5.0 grams, 21.21 mm in diameter, and 1.95 mm thick.

Suggestion...
Make pennies and nickels which are smaller than dimes.

The present price of copper is about $4 per pound, but let's assume $4.54 per pound so that it works out to 1¢ per gram.
The present price of nickel is about $9 per pound, but let's assume $9.08 per pound so that it works out to 2¢ per gram.

Again make a copper penny but make them 10 mm in diameter, 0.7 mm thick, and 0.5 grams -- which would cost 0.5 cents in copper.

Make a nickel nickel which is 14 mm in diameter, 1.0 mm thick, and 1.37 grams -- which would cost 2.74 cents in nickel.

13 posted on 08/21/2008 12:02:32 PM PDT by Dagny&Hank
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To: Travis McGee

Everytime I go to the bank, I ask for 2 rolls of nickels.

//////////////
Damn! lol


22 posted on 08/22/2008 8:13:43 PM PDT by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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