I use provident bank. They have coin machines

 

I use provident too... which branch has a coin counter?

Beneficial bank in mt Laurel has one. Off church Rd.

Our local TD Bank was telling customers they will reimburse the surcharge from coinstar if you bring in your reciept from the machine.

Regarding Nickel not being worth it to melt down, keep in mind due to those who control the price of metals, ALL Scrap metal is down right now. So yes, right now a nickel isn't worth a nickel, BUT, when scrap was at its normal prices, it certainly was. Everything is nearly half what it was. Steel is 3-4$/100 and not so long ago i was getting 8-9$/100. Brass was 2$/lb, Copper nearly 3$/lb, IIRC.. All are down 30-35% give or take some..
If SHTF, though, that copper can be useful for the creation of bullets and what not. In theory, at least. We'll see what happens in TWD when they finally get that ammunition factory going, assuming they don't all get killed.

By the way, just a thought but if people are storing Nickles to maintain the value of their money..... Why not ammo? It is made of Brass and Copper, and if SHTF and we're talking end of the world scenarios, as we would see if it got to the point where we were melting down nickel to scrap, wouldn't the Ammunition serve a dual purpose, whether it was scrapped for metal or used in a firearm?
Imagine a character were to walk up to Rick in TWD and offer him cases of ammunition... It'd certainly come in handy much more so than a few nickles.

Just a thought. Please chime in; Contemplating buying up a ton of ammunition now as soon as i find a good sale (maybe this weekend).

Yea I'm sure reloadable brass would be worth a lot. A LOT. Especially if stores ran out and using the post office and such would no longer be an option.

Water, food, ammo...in that order. Nothing else will matter much in an EOTW scenario.

Well maybe toilet paper too...lol 

My thought exactly. And the fact of the matter is, if our economy is so tanked that people are going to actually need their nickles for their scrap value, the last thing we'll need to be worried about is scrap metal prices, because thatll probably be the EOTW/WW3. I Think i'd rather invest in Ammo. Besides, if i can find more ammo for 25.2 cents a piece reloaded (a bit more for new), ammo prices are only going up (especially with this upcoming election). I'll probably put a few grand into ammo and just store that. It sure as hell ain't gettin cheaper if scrap prices dropping barely did anything to it.

Interesting topic.  I have a Beer bottle full of change.  Not a real beer bottle...the plastic 2-foot tall novelty bottle.  All mixed change.

 

Are you saying that I can cart it to a coin machine (I am a Provident customer) and get the rough value in some sort of scrip, then turn it around at the desk for that much in Nickels, a little at a time??  The bottle must weigh close to 80 pounds.

 

I'm going by some of the suggestions in the article.

 

On the other hand, could I use their machine to count the coin, take a total amount and deposit it in my account, then go off and spend that on actual brass ammo?  I assume so, just not sure what approach makes more sense.

Regarding Nickel not being worth it to melt down, keep in mind due to those who control the price of metals, ALL Scrap metal is down right now. So yes, right now a nickel isn't worth a nickel, BUT, when scrap was at its normal prices, it certainly was. Everything is nearly half what it was. Steel is 3-4$/100 and not so long ago i was getting 8-9$/100. Brass was 2$/lb, Copper nearly 3$/lb, IIRC.. All are down 30-35% give or take some...

 

Buying things when the price is down and selling when the price is up is good business but that's not what this is.  This is buying nickle and copper when the price is down but paying more than the price was when it was up.  In fact, if you're right and metals are down 30-35%, buying at 80% over spot is never going to pay off.

Interesting topic.  I have a Beer bottle full of change.  Not a real beer bottle...the plastic 2-foot tall novelty bottle.  All mixed change.

 

Are you saying that I can cart it to a coin machine (I am a Provident customer) and get the rough value in some sort of scrip, then turn it around at the desk for that much in Nickels, a little at a time??  The bottle must weigh close to 80 pounds.

 

I'm going by some of the suggestions in the article.

 

On the other hand, could I use their machine to count the coin, take a total amount and deposit it in my account, then go off and spend that on actual brass ammo?  I assume so, just not sure what approach makes more sense.

Even if you only bought .22 ammo, you'd be ahead of the game. pound for pound, I think ammo will be worth more than nickles, as money or melted down. You can ALWAYS use ammo, but if money is out the window, it's only good for counterweights or being melted down, not exactly the best use of time or resources, at least that's my thinking just now. 

 

But, I'm open to other views, so speak up, people! I for one will be paying attention. 

I guess it depends on what kind of storage space you have. In true sheet hit the fan scenario. I think 5.56 brass would be worth more than nickels.

5.56 brass, 9mm brass, primers, and 22 ammo would be worth A LOT more than nickels. Then you might as well factor in lead, bullet molds, powders etc. I have no knowledge with regard to reloading...can powder from a shotgun shell be used to load rifle or pistol ammo? I'm assuming not. Assuming it doesn't burn fast enough?

can powder from a shotgun shell be used to load rifle or pistol ammo? I'm assuming not. Assuming it doesn't burn fast enough?

 

Depends on the powder - who knows what commercial manufacturers use but if it's powder like Hodgdon Clays, it works for 9mm, .45, .223, and 12ga... 

We don't need to speculate about what might work as the new currency if SHTF.  SHTF situations happen all over the world all the time.  Have bullets, nickel, copper, or even gold become the currency in use when this happens?  No.  Around the world, people barter with things others can't do without - alcohol, cigarettes, diapers, baby formula, medicine (not fish antibiotics).    For some reason, there's this belief that when SHTF everyone will change their lifestyle and will now need magnesium fire starters, paracord, and ammunition. 

Were talking about extreme shtf scenarios.

Yes, scrap is way down. Ammo prices will only rise, though, so i would personally invest in that. Nickels are great in theory, but keep in mind if shtf and we have crazy inflation, its still illegal to melt nickels, and, scrap prices will take a hit as well.. as stated, people will want the necessities. Food, water, ammo, shelter, firearms to survive. Again, in extreme cases.

More realistic to have a large scale power grid failure, etc though. Buy a high powered radio and generator, not nickles. LOL