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To: Da Coyote

The nickel is presently worth about 30 cents as scrap metal.


94 posted on 11/27/2012 2:16:09 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: editor-surveyor
The nickel is presently worth about 30 cents as scrap metal.

A nickel weighs 5 grams and is 75% nickel and 25% copper. Nickel's price is $7.61 / pound http://www.kitcometals.com/charts/Nickel.html, while copper is $3.53 per pound http://www.kitcometals.com/charts/copper.html.

Entering "($7.60 per pound * 0.75 + $3.53 per pound * 0.25) * 5 grams" into google gives $0.073 per nickel for the scrap metal value.

115 posted on 11/27/2012 2:35:41 PM PST by KarlInOhio (Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
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