I Bought $250,000 Worth of Physical NickelsNo, that’s not a typo.That’s 5 million coins. 55,000 pounds of American metal stacked in boxes from a local bank vault — an asset the government literally can’t print anymore.Most people would call it insane.But let me explain the thesis.Each U.S. nickel is made of 75% copper and 25% nickel, weighing 5 grams. That means every $1 million in face value equals roughly 100,000 pounds of metal.At current metal spot prices, the melt value of a modern nickel sits around $0.043 – $0.047, depending on commodity fluctuations — or roughly 90–95% of face value. That means the U.S. Mint loses money on every coin it produces. They’ve tried to change the composition for years, but Congress hasn’t approved it yet.So what happens when they finally do?The old “real” nickels become the last batch of government-issued coins containing significant industrial metal. When that happens, they’ll vanish from circulation overnight — just like the 90% silver coins did after 1964. Those who held them saw a 10–15× nominal gain over the following decades as melt value outpaced inflation.My $250,000 position, therefore, isn’t a “trade.”It’s an asymmetrical bet that the U.S. Mint will eventually debase the coinage again, that metal scarcity and inflation will continue to erode the dollar, and that a bag of nickels will one day be worth more dead than alive.Worst case? I still have $250,000 in legal-tender coins backed by the full faith and credit of the United States.Best case? The melt value doubles, triples, or gets banned outright — which would make the existing supply finite and far more valuable to collectors and contrarians alike.It’s not crypto, it’s not stocks, it’s not even silver.It’s 5 million tiny claims on an industrial commodity the government accidentally subsidizes.That’s deep value.That’s the Nickel Standard.
>>61960306interesting
>>61960306They won't let you melt it like they won't let you melt copper pennies
>>61960306You're fucking retarded OP. That's a federal crime under 31 U.S.C. § 5111(d), and your post here is a conspiracy to violate 31 U.S.C. § 5111(d). Enjoy your visit from the feds.
>>61960306Post address
>>61960306Based, but you should have bought silver instead.
>>61960306>melt valueYou're destroying US currency? Pretty sure that's illegal.
>>61960389The financial crisis will get bad enough that this will change.
>>61960306so you are betting against the U S A ??
I can to biz to laugh at all the brown third worldists shilling oil.Then I found this gem of a thread.Lol, no one on this board should even be allowed Internet access.
>>61960306This is the most retarded post I've seen here this week. Kys OP
I laughedTake my bump
>>61960306KILL ALL CHATGPT NIGGERS
>>61960636I got a warning for doing a report saying this post is illegal under US law, because it is and OP is getting a fed visit. Lol, lmao even.
>>61960702You deserve that warning. op didn't advocate anything illegal.
>>61960753The US Treasury takes a very, very dim view of people who destroy US currency or who have plans to destroy US currency. Buying that many nickles, coupled with this post, is good enough for an indictment. Hope it was just a larp, for OP's sake.
>>61960306>1 nickel = 5cents you're retarded
>>61960770Op didn't say anything illegal
>>61960770>Hope it was just a larp, for OP's sake.nobody here has a quarter of a million dollars cashanyone smart enough to get a quarter million cash isn't dumb enough to buy nickels with it. Also no bank has that many nickels and if you tried to order that many nickels the feds would be at your door immediately.
>>61960306So is an entire room of your house just boxes of nickels
>>61960790You've clearly never heard the phrase, "No legal purpose."
>>61960770separating, refining, and melting would cost far more than the nickels are worth so the feds wouldn't be concernedhowever having a quarter million in untraceable cash would certainly get their attention. It's not illegal to have $250k cash, but they're definitely going to ask where you got it and what you're doing with it.
>>61960306You can't realize that gain.
>>61960881>separating, refining, and melting would cost far more than the nickels are worth so the feds wouldn't be concernedyou have no idea how wrong you are about that, some analyst at the US Treasury is trying to determine if they should forward this post for investigation at this very moment.
>>61960840There's nothing wrong with stockpiling coins
>>61960979Until you buy $250K of them and post on 4chan that you are going to melt them for value. OP is super fucked, hope he was joking.
>>61960989He didn't say he will melt them down. He indicated that someday it may become legal to melt them down. Just shut up.
>>61960907having reported a couple users to the feds over the years I expect you could be right.The feds have no idea that most of this website is a joke and everyone here is a liar.that said, I do know what it costs to grind, dissolve, adsorb, anneal, melt, and pour a mix of metals and I also know it costs far more than any gains a person might make selling the constituent metals.just melting that many nickels without separating or purifying the metals would cost more than they're worth. And of course no refiner in the US is going to do that for you.also good luck getting a U-haul full of nickels out of the country.and again, if OP was telling the truth the feds would have been notified the instant he started buying that many nickels
>>61960992>He indicated that someday it may become legal to melt them down.If you think the US Treasury is this dumb, I have news for you.
>>61960907I mean you can't even deposit or withdraw $10k from the bank without them notifying the fedsyou honestly think OP took out $250k and nobody told the feds? The bank is REQUIRED to report that.and the feds will very certainly investigate it.
>>61960306I goon to enough ai chatbots to know this was either written by ChatJeetPT or by a redditor so far down the rabbit hole that they will never crawl back out.
>>61960306>It’s not crypto, it’s not stocks, it’s not even silver.>>It’s 5 million tiny claims on an industrial commodity the government accidentally subsidizes.>>That’s deep value.Thanks Grok
Looks like 300 dollars worth to me
>>61961053that seems optimisticI work at a bank, I can get empty nickel boxes every day. We throw away at least 5 per day
>>61960389>they won't let you me-ack!!https://www.youtube.com/shorts/WBjRZM4my78
>>61961077did you watch that video?do you speak english?is english your first language?are you over the age of 18?are you mentally disabled?