Nah, probably not, but apparently after considering the withdrawal of the 1-cent coin the US treasury is also considering changes on the nickel, the 5 cent coin.
Much like the 1 cent coin, the actual cost for making a nickel exceeds its face value.
As of today, each nickel actually costs about 14 cents after all costs considered! That's an easy 3x. 🙃
Of course that number includes labor, production costs etc. The actual melt value is 5.9 cents, which is not a bad deal I guess. But remember, melting US coins for metal is illegal 🤫
For now the treasury isn't thinking to retire the nickel but to simply change its composition to cheaper materials.
I guess it would make sense if you are in the U.S to stack some before they change them. Worst case scenario, they will still be worth 5 cents a piece. But there's a good chance they gain a tiny bit of collector or melt value. Or maybe both.
Sounds like a good gamble with zero risk. I know I would keep some as a small experiment
Or maybe
@pocketechange is up to something and the peeps stacking
penises pennies are in for a wild ride ! 😄
References
Fun Numismatics Posts
Enjoyed the post? Here is some more fun silver/numismatics themed content I have written in the past that you may enjoy:
