Start collecting this inexpen$ive US coin

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Number Six
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Re: Start collecting this inexpen$ive US coin

Post by Number Six »

http://www.cointalk.com/t155287/

This reminds me of a fellow I knew who was a dumpster diver and a 5c can scavenger, but had a high IQ like a savant. I said "John, if there was a nickel on one side of the street and a can on the other which would you be more likely to go for?"

There are also tax implications re: melting coins, what would the entrepreneur/criminal be able to deduct in business expenses; also environmental regulations that vary from state to state.
'There are two kinds of injustice: the first is found in those who do an injury, the second in those who fail to protect another from injury when they can.' (Roman. Cicero, De Off. I. vii)

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Pottapaug1938
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Re: Start collecting this inexpen$ive US coin

Post by Pottapaug1938 »

Here's an article on the subject from http://www.coinflation.com (the site which gives the melt value for all US and Canadian coins, and certain foreign gold coins:

http://www.survivalblog.com/2011/02/the ... ckels.html

The article starts getting shaky on the facts, in the second half; but I offer it merely as an article relevant to the discussion. For reasons stated above, I say that there are much easier, simpler and safer ways to make money.
"We've been attacked by the intelligent, educated segment of the culture." -- Pastor Ray Mummert, Dover, PA, during an attempt to introduce creationism -- er, "intelligent design", into the Dover Public Schools
bmielke

Re: Start collecting this inexpen$ive US coin

Post by bmielke »

Pottapaug1938 wrote:Here's an article on the subject from http://www.coinflation.com (the site which gives the melt value for all US and Canadian coins, and certain foreign gold coins:

http://www.survivalblog.com/2011/02/the ... ckels.html

The article starts getting shaky on the facts, in the second half; but I offer it merely as an article relevant to the discussion. For reasons stated above, I say that there are much easier, simpler and safer ways to make money.
IMHO once survivalists think something is a good idea you have missed the boat. Start selling.