Two Letters Re: Nickels as an Inflation Hedge
Jim, Just another data point for you about Nickels, from North Carolina. My bank continues to order boxes [of $100 face value in nickel rolls] for me, but they were told by their supplier that 20 boxes was the new limit per week (I had asked for 55 boxes). The funny thing is the manager said they would simply order me 20 boxes/week until I had what I wanted! They also noted a strong uptick (from essentially none) in customer requesting nickels for the same reason I am getting them – base metal value. Though none more than a couple …