Replies

To: blam

How about the good old Jefferson nickel? They cannot legally be melted down, but any obvious benefit to hanging on to some?

5 posted on 05/28/2014 9:34:46 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)

To: MichaelCorleone

"How about the good old Jefferson nickel? They cannot legally be melted down, but any obvious benefit to hanging on to some?"

Well....I have 25K of them in storage.

And, billionaire Kyle Bass bought 20 million of them.

So....(they'll always be worth a nickel.)

8 posted on 05/28/2014 9:45:16 AM PDT by blam

To: MichaelCorleone

How about the good old Jefferson nickel? They cannot legally be melted down, but any obvious benefit to hanging on to some?

I have a plan. Get a dump truck, fill it with nickels, drive to Canada and sell them for scrap.

Go to a Canadian bank, fill your truck with nickels, drive to US and sell them for scrap.

Repeat until you're rich.

12 posted on 05/28/2014 11:47:29 AM PDT by seowulf (Cogito cogito, ergo cogito sum. Cogito.---Ambrose Bierce)

To: MichaelCorleone

To: blam

How about the good old Jefferson nickel? They cannot legally be melted down, but any obvious benefit to hanging on to some?

You have a protected value of $0.05/unit on the downside, and unlimited potential for gain on the upside, or at least an excellent inflation hedge.

Except for the storage cost, it’s a great investment.

14 posted on 05/28/2014 2:46:46 PM PDT by Freeping Since 2001 (Since 2001. Seriously.)

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