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看好金属价值美国男子囤积30吨硬币,或面临法律与成本双重困局
Core Viewpoint - The article discusses Kyle Mitchell's unconventional investment strategy of accumulating 5-cent coins, driven by their intrinsic metal value, which he believes will appreciate due to rising metal prices and potential changes in U.S. minting practices [1][2]. Investment Strategy - Mitchell's strategy involves accumulating 25,000 dollars worth of 5-cent coins, weighing nearly 30 tons, which he believes have an intrinsic metal value of approximately 294,000 dollars based on current copper and nickel prices [2]. - The composition of the 5-cent coin is 75% copper and 25% nickel, with each coin weighing 5 grams, leading to a higher intrinsic value than its face value [2]. Market Conditions - The article highlights that copper prices have risen over 20% this year, indicating a favorable market condition for Mitchell's investment thesis [2]. - The total cost of producing a 5-cent coin, including metal and labor, is reported to be 14 cents, which is significantly higher than its face value [2]. Risks and Costs - The investment carries high costs, including exchange costs, storage, transportation, and potential future disposal costs, which could accumulate over time [3]. - There are legal risks associated with the potential to melt down the coins for their metal value, which is prohibited under U.S. law, carrying penalties of fines and imprisonment [3][4]. Market Comparison - The article notes that such an investment strategy is unlikely to be replicated in China due to legal restrictions and the design of the currency system, which prevents the possibility of profit through metal value appreciation [6]. - China's regulations explicitly prohibit the destruction or illegal trading of currency, making similar arbitrage opportunities non-existent [6].