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What To Do With All The 1955-1981 Nickels?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 19 / Views: 4,155Next Topic Page 2 of 2
Pillar of the Community
Canada
1005 Posts
 Posted 01/29/2012  10:17 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list
I have never used ebay. Tried 1lb at a time on kijiji, no interest. Had luck with other coins to locals.
Valued Member
Canada
491 Posts
 Posted 01/29/2012  10:44 pm  Show Profile   Bookmark this reply Add RogerD to your friends list
Well those just go right back to the bank, with a note on the roll saying they are pure nickel. Hopefully the RCM will get them and melt them down and get them out of circulation. Make the old nickels more rare and the price may go up by the time I am a great grandfather. :)
Pillar of the Community
United States
2049 Posts
 Posted 01/29/2012  11:22 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list
With 300 of them, you have about $15 worth assuming you got them at face value. If you don't need the money right away, why not just hold on to them for now? There is another site where there are alot of hardcore copper and nickel hoarders that I am sure would be interested if you really want to move them and get a decent price without taking on the risks/fees of ebay. PM if you want the site.
Previously Banned Member
107 Posts
 Posted 02/01/2012  12:02 am  Show Profile   Bookmark this reply Add coinvet to your friends list
I agree with keeping them. If you want to get rid of them, sale them on ebay by the roll.
Pillar of the Community
Canada
617 Posts
 Posted 02/01/2012  7:35 pm  Show Profile   Bookmark this reply Add North of 49 to your friends list
When my father started setting aside dimes, quarters, half dollars and dollar coins in the late fifties eairly sixties they were worth 10 cents, 25 cents, fifty cents and a dollar.All silver coins.
Just a thought.
Pillar of the Community
Canada
1005 Posts
 Posted 02/01/2012  8:08 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list
I am aiming for 50 rolls of nickel.
I am at 17 rolls acquired at face value.
Kitco shows 5 years ago a recorded high of $24.23 per pound of nickel.
Valued Member
Canada
74 Posts
 Posted 02/02/2012  1:29 pm  Show Profile   Bookmark this reply Add SteveInCanada to your friends list
It's fair to say that collecting silver in the 60s is similar to collecting nickel in now, the value of a silver dollar was around $1.50 then.

I think that the realistic probability of a major return on investment is very different, however, as nickel is much more abundant.

With that said, it's all speculation and good luck! For me, I'll take my nickel, convert it to silver or cards or collectables and back to cash repeatedly over the next few years instead of looking at copper and nickel hordes :)

If I ever want to get serious I'll invest in stocks or other certified investments.
Pillar of the Community
Canada
2428 Posts
 Posted 02/02/2012  2:45 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list
Well said !
Bedrock of the Community
Canada
10743 Posts
 Posted 02/02/2012  3:12 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list
A friend of mine is hoarding nickel so, I sold him my 60 rolls I figured it's better for him to have them, than me.
Valued Member
Canada
278 Posts
 Posted 02/02/2012  4:33 pm  Show Profile   Bookmark this reply Add motoryoda to your friends list
I would keep them for now. No cost to find a corner to hide them in!
Pillar of the Community
Canada
1700 Posts
 Posted 02/03/2012  8:02 pm  Show Profile   Bookmark this reply Add Petersun to your friends list
I've only found two since the time I started to collect coins.
Valued Member
Canada
111 Posts
 Posted 02/07/2012  5:37 pm  Show Profile   Bookmark this reply Add pimpim to your friends list
I found lately that pure nickel 5ยข are lot more scarce than last summer, finding one every two weeks. But last week I've got ten rolls from the bank and found 86 pre 1982 nickels. More than 20%, I liked it.
Pillar of the Community
Canada
1005 Posts
 Posted 02/26/2012  1:10 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list
I am over the half way point to the 50 roll goal.
28 rolls of nickels 55-81.
I am buying rolls and finding lots.
Found lots of rolls missing one or two but also found lots of rolls with dimes shoved in..
Pillar of the Community
Canada
1700 Posts
 Posted 02/26/2012  2:14 pm  Show Profile   Bookmark this reply Add Petersun to your friends list
One roll of junk nickels has the melt value of $3.20. Should I sell them to a local dealer?
Pillar of the Community
Canada
1005 Posts
 Posted 02/26/2012  6:00 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list
If you do sell let us know what you get. The coin hunter mentioned he knew nickel hoarders. The only offers I have had are for trades.
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