Nickels Are The New Btc!
hive-167922·@trumpman·
0.000 HBDNickels Are The New Btc!
Nah, probably not, but apparently after considering the withdrawal of the 1-cent coin the US treasury is also considering changes on the nickel, the 5 cent coin. Much like the 1 cent coin, the actual cost for making a nickel exceeds its face value. As of today, each nickel actually costs about 14 cents after all costs considered! That's an easy 3x. 🙃 Of course that number includes labor, production costs etc. The actual melt value is 5.9 cents, which is not a bad deal I guess. But remember, melting US coins for metal is illegal 🤫 For now the treasury isn't thinking to retire the nickel but to simply change its composition to cheaper materials. I guess it would make sense if you are in the U.S to stack some before they change them. Worst case scenario, they will still be worth 5 cents a piece. But there's a good chance they gain a tiny bit of collector or melt value. Or maybe both. Sounds like a good gamble with zero risk. I know I would keep some as a small experiment Or maybe @pocketechange is up to something and the peeps stacking ~~penises~~ pennies are in for a wild ride ! 😄  ---- ---- **References** - https://www.numismaticnews.net/is-the-nickel-next-to-go ---- ---- **Fun Numismatics Posts** Enjoyed the post? Here is some more fun silver/numismatics themed content I have written in the past that you may enjoy: - [The country that uses plastic coins!](https://leofinance.io/@trumpman/til-this-country-uses-plastic-coins) - [My silver pocket piece](https://leofinance.io/@trumpman/my-silver-pocket-piece) - [My favorite piece from the stack](https://leofinance.io/@trumpman/my-favorite-piece-from-my-stack) - [The 10 Million Dollar Coin](https://leofinance.io/@trumpman/the-10-million-dollar-coin) - [The Ten Thousand Dollar Bill ?!?!](https://leofinance.io/@trumpman/the-ten-thousand-dollar-bill-) - [Biggest Gold Coin Ever](https://leofinance.io/@trumpman/thats-one-big-gold-coin) - [A coin made of cardboard](https://inleo.io/@trumpman/a-coin-made-of-cardboard-) - [World's smallest gold coin](https://inleo.io/@trumpman/the-worlds-smallest-coin) - [World's First Flying Coin](https://inleo.io/@trumpman/worlds-first-flying-coin--2pm) - [Manchukuo's Fiber Coins from 1945](https://inleo.io/@trumpman/manchukuos-fiber-coins-from-1945-) Posted Using [INLEO](https://inleo.io/@trumpman/nickels-are-the-new-btc-2c5)
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