When it’s worth 6.8 cents – that’s when.
The metal nickels are made of currently (copper and nickel) has, over the course of the past year or so, often surpassed the actual face value of the $.05 piece. One investor has jumped on this incredible oddity – spending $1 million of his own money to purchase 20 million nickels. You read that right – 20 million. That’s a lot of nickel rolls (500,000 rolls in case you were wondering).
Now you may be asking who would do that.
Kyle Bass, investor and hedge fund manager, that’s who. Never heard of him? He’s an incredibly wealthy man 
