Letter Re: Nickels or Pennies?
JWR: Thanks to SurvivalBlog, I have stashed away my share of nickels, but I began to wonder if it could make sense to sort and store pre-1982 pennies, which are 95 percent copper. I’ve done some hands-on research in this area, and I believe there’s a way to accumulate pennies, and do so relatively easily and from an investment point of view, more effectively than nickels. The Numbers First, the numbers: If one stashed away $1,000 in nickels, one would have 20,000 coins; each coin is 5 grams, of which 75% is copper and 25% nickel. So, $1000 in nickels …