how much is nickel worth per pound
Using csanda's standard (75/25), a pound of German silver is about USD $4.36. Assuming you had an old penny, no one would give you anything for a melted down one. All rights reserved.
Suppose a penny were made of pure copper and you melted it down. However, this is for a newly minted nickel. You can also trade futures contracts, in anticipation of a rise in the price.
This he named nickel. Today, stainless steel @ 1.41 per … Conversion Nickel Price Price; 1 Ton = 1,000 Kilograms Nickel Price Per 1 Kilogram 15.39 USD Find out the weight of the penny and nickel in pounds and multiply by the cost per pound to find out how much they would be worth... Toby Padfield - Troy, Michigan Meanwhile, in dealing with sealed bags, is rounded down to 45 bags = 1980 pounds. } One nickel weighs 5 grams or 0.0110231 pounds.
1. The nickel bullion calculator will only calculate what the nickel metal is worth (intrinsic value), and will not determine any collectible value of your bullion. 1 year ago. While it is used in the nickel coin (which is actually just 25% nickel and 75% copper), it is also used in buildings, transport, electrical power generation, medical equipment, food preparation, and mobile phones. info on Amazon, affil. You are surely right that the government will not prosecute a person for melting a handful of copper coins, but I'm sure that if industrial-scale melting of recent US coins is discovered, with the desperately needed nickel going to China instead of staying here, people will be prosecuted. For the more rare metals such as Cobalt, Mercury, Tungsten, Beryllium, Bismuth, Gallium, Indium, Cerium, Lithium, Cadmium, Tantalum, Niobium and Zirconium we would advise you to get current prices per pound lb quotes from a few scrap yards by calling them before deciding where to sell your scrap metal.
The U.S. Government puts forth the premise that these coins are the property of the Government and that if you melt them it is theft.
While it is used in the nickel coin (which is actually just 25% nickel and 75% copper), it is also used in buildings, transport, electrical power generation, medical equipment, food preparation, and mobile phones. With the exception of the war-time Steel Cents minted in
The NY Mercantile Exchange lists the value of copper at nearly $3.38 per pound [(1997)]. . },
It’s also used in electroplating, so that it a thin layer of nickel is laid on top of another layer of metal. "button": { The metal prices can be adjusted to represent how much you would be willing to pay per pound for the metal contained in any stockpile of Canadian nickels. But then, you aren't thinking on a large enough scale. About Nickel silver; Nickel silver weighs 8.5722 gram per cubic centimeter or 8 572.2 kilogram per cubic meter, i.e. Hence, one gram of copper is worth 0.744 cents. Both ferrous and non ferrous, , Copper, Tin, Zinc etc.
The nickel scrap calculator will show you the price for 100% pure nickel, unless you indicate a lower percentage.
None of our operators are available at the moment. These companies can survive because they have generally low costs in producing this metal. In fact, it’s one of the oldest metals known to man. link
A nickel weighs 5.00 in grams. 45 bags = $9,000 = 180,000 nickels in a ton. Its just about everywhere.
But it never did. note: on the date of James' posting in 2003]. :-). If you need a product/service, please check these Directories: JobshopsCapital Equip.
This material is used for just about everything, including household appliances, medical equipment, and heavy machinery.
(adsbygoogle = window.adsbygoogle || []).push({}); Disclaimer: It's not possible to diagnose a finishing problem or the hazards of an operation via these pages. Too many regions have large stockpiles of the metal. Stock quotes by finanzen.net, Nickel is a silvery white shiny metal used primarily for corrosion-resistant alloys and to produce grades of stainless steel. It’s only because there’s an oversupply of the metal which has caused its price to stagnate. They are aggregated using multiple sources. 2000 lbs / 44 lbs = 45.4545 bags. (Figure on a nickel weighing 5 grams.)
High grade copper trades in 25,000 lb. http://www.nytimes.com/2006/12/14/business/14pennies.html?_r=1&ref;=business&oref;=slogin It was only in medieval times in Germany that people suspected its existence, when they were unable to extract copper from a red ore they found. This will help you in finding the maximum bid you could enter for an online Canadian nickel auction. In Canada, the copper cent before 1991 is worth about the same. "palette": { There are many reasons you may be looking for scrap Nickel prices, you may want to sell some old metal gathered on your property or you might be a company looking for a higher current scrap Nickel prices for your scrap. Disclaimer | This will help you get the best current prices per pound for your scrap metal. Finally, it is also used with cadmium to make batteries for various handheld tools and mobile devices.
You can even buy it in bars or bullion, but that’s not generally recommended.
Its low value compared to its density means that you’ll have to spend too much for storage. This is partly because producing this metal requires very low energy costs. People have used it for more than 5,000 years although they probably weren’t aware of it at the time. Note that in 1982, Cents of both compositions exist. The most common metals such as Nickel, steel, iron, aluminium and lead are very competitively priced at most scrap yards in the United States. And one roll of nickels is $2 containing 40 nickels and there are 20 nickels in a dollar. As for the Lincoln Cent: As for the Jefferson Nickel:
We are connected with thousands of trusted scrap yards worldwide, many who offer top current scrap Nickel prices per pound lb. Reply; robyn johnstoneHow to weigh drug crytal? Though for those wanting to base it off of 45.4545 then: 45.4545 bags = $9,090.90 = 181,818 nickels in a ton.
Its also used in electroplating, so that it a thin layer of nickel is laid o…
Looking for Current Scrap Nickel Prices Per Pound lb New York, Los Angeles, Chicago, Philadelphia, Houston, Phoenix, San Antonio, Indianapolis, Florida, Miami, California, Georgia, Alabama and across the USA? All scrap Nickel bought in the U.S. for top current scrap Nickel prices per pound lb today.
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Based on the weights of the different coins [1], their face value works out like this: Pound of quarters: $20.00; Pound of dimes: $20.00; Pound of nickels: $4.54; Pound of pennies: $1.46 - $1.81 [2] A nickel weighs 0.0110231 in pounds. Want To Sell Scrap Nickel For The Best Current Prices Per Pound? The main reason why so many people and organizations hoard and sell nickel is because it is used extensively in numerous industries. Actual prices may vary based on region, supplier, or various other factors. The following two questions came up and we are all curious to know the answers.
Your figures are probably correct, Francis.
However, the five cent piece, before 1982, is pure nickel, so it has about twenty cents in metal value. Here's some help from the London Metals Exchange A nickel weighs 5.00 in grams. 1943, Cents produced from 1909-1982 weigh 3.11 grams, and are composed of .950 copper, .050 Tin & Zinc. Scrap yards in the USA buy all types of scrap Nickel for great prices per pound lb.The types of scrap Nickel and metal you can sell for top current prices per pound include Scrap Nickel, Steel, Aluminium, Lead, Iron, Bronze Nickel, Tin, Zinc etc. Please, leave us a message. Demand for nickel increased when it started being used in steel production in 1889. Each nickel weighs 0.176 ounce. For most people who aren’t interested in chemistry or manufacturing, nickel doesn’t really mean all that much.
One bank bag of nickels contains $200 face value. Festival of Sacrifice: The Past and Present of the Islamic Holiday of Eid al-Adha, Alex Wong / Staff/Getty Images News/Getty Images. Maybe my math is off, but isn't a pre-1982 cent now worth more than two cents in copper value? According to the NY Times, a cent is worth more than 1 cent and a nickel is worth more than 7 cents in materials. If this is the case we can help you get the best current price per pound lb for your scrap Nickel in the USA. * Real-time data for indices, futures, commodities or cryptocurrencies are provided by market makers, not the exchanges.
Around one quarter of the global demand for nickel is met by recycling nickel scrap. Use our lists by clicking the area you live below or contact us with specific details of your scrap Nickel and we will contact local scrap yards to find out current scrap Nickel prices per pound that your local scrap yard is paying on your behalf.
Indonesia is the 5th largest producer, with the top spots going to Russia, Canada, New Caledonia, and Australia. 1 year ago. Below is the historical Nickel price per metric ton.
Since each nickel has a diameter of 0.835 inch, placing 1 pound of nickels side by side would make a line that reaches a length of 6 feet 3.99 inches. One roll of nickels would consist of 40 nickels weighing 200 grams or 0.440924 pounds. info on Amazon. I just weighed 50 pennies and got 133.3 grams, and 40 nickels weighed 199.9 grams. I'm SURE your class can do the math! Those produced from 1982-Present weigh 2.5 grams, and are composed of 99.2% zinc, 0.8% copper, with a very thin plating of pure copper.
One nickel is equal to five cents (0.05). Obviously, as part of stainless steel it is widely used. Copyright © 2020 Metalary. Both ferrous and non ferrous Nickel wanted throughout the USA.
from Abe Books The problem is that while there is a lot of demand for nickel, the supply of the metal is too great. . So what happens if you can only come up with 5/7 of the fine. Seems to me one of the mint coins from about 1912 is selling for several hundred dollars. Nickel is also used in electroplated coatings. There are 20 nickels in a dollar. [Ed. It is very popular for steel and currency because it is highly resistant to corrosion. or
A box of nickels consists of $100 which has 50 total rolls.
by Steve Spangler I can't recall about nickel, but you can look that up when determining how much per pound. Now that would make an interesting word problem. Commerce Policy | We make Cents! Advertise On Scrap Nickel Prices Today USA.
That's $7.44 per kilogram of copper. This is poppycock. The most important trading venue for nickel is the London Metal Exchange. Contrast this to what some of the early Lincoln pennies sell for. Simply select a metal and a unit to display the price. Use the scrap nickel melt value calculator to find how much your items are worth in nickel content, or in determining what you might be willing to pay based on the spot price of nickel. })}); 60,000 Q&A topics -- Education, Aloha, & Fun, elementary school - Grosse Pointe, Michigan, ©1995-2020 finishing.com, Inc., Pine Beach, NJ, How Google uses data when you visit this site. But the truth of the matter is that this metal is widely used in society today. Pricewise, copper today is selling at $3.1287 per lb, and Nickel is selling at $8.11 USD per lb. by Janice VanCleave If you had a thousand melted down pennies, a scrap metal dealer would give you less than a dollar. Can you pay in melted nickels and call it even?
These are extremely resistant to corrosion, and they still retain their properties even in very high temperatures. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy.
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