With todays prices for copper and nickel did you know that the 25 and 50 setang and 1 baht coin are worth more then their face value?

This would not be a bad 'investment' as your investment would never go lower then face value but has upward potential.

If i calculated right a 25 setang is the most valuable at almost double its face value.

When copper prices go even higher it would be worth the trouble of melting them down.

Opinions?

btw i prefer gold and silver myself as these are more compact and easily traded.

I know that newer 1 Baht coins have more iron in them - they can be picked up with a magnet - older ones can not!

KJ

I know folks who have been collecting Nickel for years.

They all tend to collect older US nickels....I forget pre what year though.

The one metal I feel I really missed the boat on is Palladium.

I was looking at it in the summer of 2008 & wondering if I should go that direction

as it was available here in quantity & the price was under $200/oz

But I just did not know much about the metal & should have bothered to study it further.

Since then as you can see it has increased to over $800 oz easily beating all other metals.

Hind sight eh?

Hind sight eh?

who'd buy some shite² where you can lose >80% of your capital within a couple of years even though you might quadruple your money within the same period? precious metals = wealth protection? my ass!

who'd buy some shite² where you can lose >80% of your capital within a couple of years even though you might quadruple your money within the same period? precious metals = wealth protection? my ass!

like many things in life timing is everything

With todays prices for copper and nickel did you know that the 25 and 50 setang and 1 baht coin are worth more then their face value?

Interesting. Exactly how much copper and nickel is in each type of coin?

With todays prices for copper and nickel did you know that the 25 and 50 setang and 1 baht coin are worth more then their face value?

Interesting. Exactly how much copper and nickel is in each type of coin?

http://ecatalog.treasury.go.th/coininfo/detail.php?id=325

Naam wrote...

"who'd buy some shite² where you can lose >80% of your capital within a couple of years even though you might quadruple your money within the same period? precious metals = wealth protection? my ass!"

Because for C$815 one gets a neat looking Queen Elizabeth & Maple Leaf one-ounce coin that Customs in Gulliblesthan might think is silver and charge less VAT? Of course, it's a novelty item, a symbol, a gamble. I asked for uranium and rhodium but the Royal Canadian Mint doesn't sell those.

BTW, Naam is the oldest and perhaps best vegetarian restaurant in Vancouver, BC. But it is not a trekker hang-out. Be well and Prospect!

Edited March 21, 201214 yr by hermespan