Most stackers want as pure silver as possible. A lot of us will happily stack 90%, or junk silver. Some will even stack 40% silver. When you ask people if they'll stack war nickels there's a noticeable pause.
For those who aren't familiar with war nickels, they are nickels that contain 35% silver. That's about 0.05 ounces of silver. With silver hovering around $80/ounce, that means each war nickel is worth about $4 each at spot.
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War nickels were made from 1942-1945, and they only contain silver if they have a P, D or S mint mark above the Monticello. What is the Monticello? It's Thomas Jefferson's home.
https://img.leopedia.io/DQmUTPjqceh8tZLBHpM6ZJZFYYgFjiUQ1XtPXPcx7JTGNMh/1000020007.webp (Source)
For decades these went unloved because they contained very little silver and were hard to resell. Still, some continued to stack them. The refiner I use will accept them, but they'll at best offer you 60% of the silver reclaimed because it takes far more acid to dissolve and separate the copper and manganese out. With each war nickel being worth $4 each, and possibly more when spot continues its upward trajectory, is it time to rethink stacking them?
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