1
I don't just hoard because I just like to have lots of pennies and nickels but hoard to actually make money. If you counts I have about $294 in nickels and $288 with 33 roles in the $1000 box of loonies. So every one of these is worth more the the face value of the coin except the two boxes of nickels. Each penny from 1982 - 1996 is worth 1.85 cents and every penny from pre 1982 are worth 2.4 cents is worth each nickel before 1981 is worth 7 cents. So lets start out with the nickels.
Face value: $294
Nickels Value Melt per Coin - 7 cents
How many nickel? - 1880 coins
Nickel Melt Value - $131.6 + $200 = $331 while I only paid $294 so I am up $37.6
Now for pennies:
1982 - 1996 face value $216.50 or 21650 pennies.
How much Penny Melt per penny - 1.85 cents
Penny melt value - 21650 x 0.0185 = 400.53 so I am up $184.03
pre 1982 face value $75 so 7500 pennies.
How much melt per penny? - 2.4 cents
Penny Malt Value - 75000 x 0.024= $180 so I am up $105
