What do I do with this?

BigL

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I went to my bank and got a dime and cent box. I asked if they had any recycled pennies or dimes. An employee went in the vault and got a dime and cent box. He said he didn't know if the dimes were new or not and I said I'll buy it anyways. I opened three rolls and they are all uncirculated 2006 p. Any idea what I should do with it?
 

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Take them to another bank and dump them. Take the money and try again.
 

Any chance the dimes are worth more than face value?
 

BigL said:
Any chance the dimes are worth more than face value?

Denomination: $0.10
Obverse Image: Franklin D. Roosevelt, 32nd President of the United States.
Reverse Image: Torch, oak branch, and olive branch.
Metal Composition: 91.67% copper, 8.33% nickel
Total Weight: 2.268 grams






CALCULATING TODAY'S MELT VALUE (USD)
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:

$3.8672 = copper price / pound on Jan 27, 2012.
.9167 = copper %
$9.7807 = nickel price / pound on Jan 27, 2012.
.0833 = nickel %
2.268 = total weight in grams
.00220462262 = pound/gram conversion factor (see note directly below)


The NYMEX uses pounds to price these metals, that means we need to multiply the metal price by .00220462262 to make the conversion to grams.



1. Calculate 91.67% copper value :

(3.8672 × .00220462262 × 2.268 × .9167) = $0.0177247


2. Calculate 8.33% nickel value :

(9.7807 × .00220462262 × 2.268 × .0833) = $0.0040729


3. Add the two together :

$0.0177247 + $0.0040729 = $0.0217976




$0.0217976 is the melt value for the 1965-2012 dime on January 27, 2012.
 

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