Should You be Stacking Nickels? The Good and the Bad!

Today we're talking about stacking a completely different metal than Silver... NICKELS! Of course, we're looking at the U.S. Nickels which right now are worth way more just in metal value than their face value!

Of course we love to Stack Silver, but should be also be stacking Nickels? Let me know what you think in the comments below!

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Credits:

Should You be Stacking Nickels? The Good and the Bad!

#Nickel #StackingNickels #NickelPrice

Table of Contents:
0:00 Intro
1:14 Why are Pennies in this video?
2:10 What are Nickels Made of and Why Stack Them?
3:18 The Good Reasons to Stack Nickels
5:09 The Bad Reasons to Stack Nickels
9:20 The Biggest Reason NOT to Stack Nickels
10:23 Stacking Nickels Wrap-Up and Outro

[katherinelee]

i’ve already been pulling copper pennie’s and saving older nickels for 30 years so, ahead of the rush on that one🤣👍

[jduff]

I've been hoarding coins for decades now, was always part of prepping - but it appears to be getting even better.

[MrEdward]

I love buying nickel boxes to search for War Nickels. I used to roll them up and send them back, but I'll be storing them now in my garage.

[danadreger]

Up here in Canada the nickels made pre 1980
Are 100%
So keeping them is a good idea
Problem is the Canadian Mint is recycling all the old pre 80s out
Thanks

[CoinHELPu]

I was going to do a video on this, not now, you covered it well!

[AEnthusiast]

I'm keeping some aside. Another point: It would probably be worthwhile to search them first. Besides coins with numismatic value, Canadian Nickels were 99.9% nickel for quite some time. I don't find them very often, but some are still out there.

[babelfishdude]

Personally its zero risk. The only thing most people might miss out on is 0.5% interest rate at the bank. Heck, I buy Counterstrike and Team Fortress 2 cases on Steam as pre-cursor to the NFT (to eventually buy hardware as you cannot return to dollars), anything is a better bet than the interest rate at a bank nowadays.

[brucejterwilliger]

I ordered $100 of pennies and $500 of nickels last week. The bank called to tell me that they were only able to provide two boxes of nickels, however they told me that they could order as many boxes of pennies I wanted. I asked if other people were ordering nickels and the manager told me no. Something strange is going on...

[patrickmorrissey]

You brought up the Silver, and the Nickel....

But at 9:43, you basically make my point for me...

"Why would somebody buy your nickels, when they can just go to the bank???"

Because they will change the composition of the nickels... Which is exactly what they did in 1964, they took out the silver.... which, THEN, you are holding something that has value, 22 and earlier Which are no longer being produced.... Someone can't just "go to the bank", because they changed the nickels. Neither can you. That's why you should buy nickels NOW.

So, I'm not sure it's as pointless as you say... A few boxes in the corner of your closet won't hurt anything....

Or at the very least, nickels drop into an empty 1.75 liter bottle... Just start saving your nickels.... who knows.

[dukenukemani]

I totally agree with this. When I go to the grocery store and buy what I need, I tend to pay in cash and I look at the pennies and pull out the ones that are dated before 1981 and re-spend the modern ones. Can't hold nickels to the same standard because, as you correctly stated, they are HEAVY and take up too much space.

[polandm]

Kinda arbitrary on my part but I only keep pre-1960 Nickels, War Nickels and the 2009s when I am CRH.

[marksweeney]

Keeping between 5-10 boxes of nickels is manageable. As we move into an all digital money system these will soon become artifacts of a bygone era.

[frustratedmajority]

Iv started doing this a while ago. But my limit is within reason... maybe 2-5 thousand dollars face. Nothing crazy but enough to not regret NOT doing so when copper and nickel eventually 10x. Gold and silver IS money but so is copper. If the economy gets bad enough I predict some "unpredictable" side effects (like 50 cent nickels).

I feel like we are just going through a 1964 phase... debating on whether or not to swap our cash for silver dimes (err I mean copper/nickel nickels) because the dollar is such garbage

[GinaR]

I agree; the biggest drawback is selling nickels for a profit. Especially when others can easily go to a bank and get rolls or boxes of nickels at face value. I also agree with the amount of space they take up and the weight of the coins.
Thanks for sharing your thoughts. I greatly appreciate it.

[Teacher-]

Year 2122 the news. We we we found it people a hoard of nickels buried underground since 2022. 30 boxes were found worth 200 million dollars.

[lowemanbaits]

How long til they devalue the nickel like they did the penny? Reminds me of my childhood in Rome.

[chaicharin]

Seeker can you ask some old dudes if they used to think this way back in the day with silver coins in the 60's and if they knew coins were no longer being made of silver so did they start hoarding coins? Never thought of stacking nickels?

[JohnSmith-zwvp]

I was always keeping aside copper pennies whenever I went through a box/case (which is the right word?) but it never occurred to me putting aside nickels was at all a thing. Besides the War and Buffalo ones of course.

[daltonm]

Ahh yes, the half dollar hunt streams. I remember like it was yesterday. Good times!

[SonOfASilverStacker]

You can sell the nickels for their weight without having to melt it...do people do this for pre 65 silver?