Precious Metals

[Jud]

As of 3pm EDT silver up 80¢ to $19.30 and gold up $25 to $1227

[Bruce Remick]

"Jud" <numis...@aol.com> wrote in message
news:23d8cf58-4571-4ad0...@a34g2000yqn.googlegroups.com...

As of 3pm EDT silver up 80� to $19.30 and gold up $25 to $1227

Along those lines, how are our copper pre-1982 Lincolns faring value-wise?
I haven't read much about the relatively high cost of minting cents and
nickels lately. Maybe people have become content with cost-averaging for
production of our circulating coins as a group.

[Jud]

On May 11, 7:45 pm, "Bruce Remick" <rem...@cox.net> wrote:

>
> Along those lines, how are our copper pre-1982 Lincolns faring value-wise?
> I haven't read much about the relatively high cost of minting cents and
> nickels lately.  Maybe people have become content with cost-averaging for
> production of our circulating coins as a group.

According to coinflation.com :
"» There are 0.6514 pounds of copper and 0.0343 pounds of zinc in $1
face value of copper cent(s).

» A roll of copper cent(s) has 50 coins and is valued at $1.06 when
copper is at $3.2010 / lb and zinc at $0.9184 / lb (exact value is
$1.0582371229).

BTW, got a 1945 wheatie today. Worth 2¢+!!! Now I can buy that
Porche I always wanted!

[dlhii]

"Bruce Remick" <rem...@cox.net> wrote:

To soon Marketwatch is running one today
http://www.marketwatch.com/video/asset/news-hub-why-it-costs-nine-cents-to-make-a-nickel-2010-05-10/48507171-44FE-45D8-9F28-6C00C91AA34F

[Jud]

Here we go!!! Precious metals continue to rise at a pretty good clip.
Current gold is $1246, up about $45 from Monday's close. Silver at
$19.63, up $1.13 since Monday. Is $20 silver and $1300 gold by Friday
a possibilty?