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Why Are Jefferson Nickels Primarily Collected Up To 1964?

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Valued Member
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470 Posts
 Posted 10/04/2007  09:40 am  Show Profile   Bookmark this reply Add Andrew289 to your friends list
Duh ...that's where the coin albums end. Address your question to Whitman.
Valued Member
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 Posted 10/04/2007  09:41 am  Show Profile   Bookmark this reply Add Gold Certificates to your friends list
Does Dansco have albulms where you can get the complete Jefferson nickels? 1938-2007+
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 Posted 10/04/2007  11:01 am  Show Profile   Bookmark this reply Add cladking to your friends list
People just quit collecting new coins in 1964. The mint and government took many staeps to get them to quit and they were highly effective.

While mintages are high, many of these later coins are less common than the '50-D in unc.
Time don't fly, it bounds and leaps.
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 Posted 10/04/2007  11:19 am  Show Profile   Bookmark this reply Add Metalman to your friends list
I collect the entire series .

why would someone let the folders dictate where to stop ?

Metalman
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 Posted 10/04/2007  1:58 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
quote:
why would someone let the folders dictate where to stop ?

Same reason they let them dictate what coins/errors/varieties they have to collect to have a "complete" set.
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 Posted 10/05/2007  10:57 am  Show Profile   Bookmark this reply Add Metalman to your friends list
quote:
Same reason they let them dictate what coins/errors/varieties they have to collect to have a "complete" set.



What reason would that be ?

stopping the Jeffersons in 1964 is far from a complete set . This makes no sense to me !

Metalman
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 Posted 10/05/2007  11:14 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list
quote:
While mintages are high, many of these later coins are less common than the '50-D in unc.


Such as?
Bedrock of the Community
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 Posted 10/05/2007  11:14 am  Show Profile   Bookmark this reply Add just carl to your friends list
As already noted Whitman started that. As noted way, way back there was basically only Whitman folders. No Albums, no other brands, no Red Book, not many coin collectors and NO TV or computer games. We all used Whitman folders. Then they came out with albums but stayed with the same dates for the same coins. The main difference became the addition of a few odd ball coins. It is basically Whimans fault for many such things. Note many new manufacturers just copied Whitman since they were a success. This all stopped when Whitman came out with Albums where you could add or remove pages. Now for instance you can put enough pages in a Lincoln Album for 09 to present. Same with all denominations. You can also blame them for the popularity of the weird errors needed to complete a set of coins now. Lincoln Cents with a slot for 22 Plain, 55 Double Die, 72 Double Die, etc.
One more thing is you can make your own album. Order a blank album cover, blank pages and several sheets of the gold press on letters and numbers from Whitman.
Edited by just carl
10/05/2007 11:16 am
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 Posted 10/05/2007  11:30 am  Show Profile   Bookmark this reply Add Metalman to your friends list
quote:
Such as?


Right off the top of my head the 82-P and 83-P come to mind ,, all of these coins were released into circulation , no mint sets were produced by the mint for these 2 years.

add to those some of the later 50's issues
56,57 ,58 and 59 in high grade (above MS-65 are tough coins to come by )

Keep in mind the 50-D was hoarded from the start .

and then it becomes a quality issue ,, with most of the 60's lacking anywhere close to a full strike making the FS pieces extremely hard to come by .

the one that catches my eye is the 63-D MS-66 FS its a show stopper !

Metalman
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 Posted 10/05/2007  12:47 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list
I'm sorry, I thought we were originally talking about uncirculated coins after 1964. If we are talking about high grade (MS-65+ full steps) nickels of all dates, then you are certainly correct that the 1950-D's wouldn't climb near the top of the list. My mistake if I took the posting at its word rather than its intent.
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 Posted 10/06/2007  11:24 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list
Yes dansco has a complete album from 1938 to date go here and see it http://www.tradewindssupplies.com/
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 Posted 10/07/2007  01:52 am  Show Profile   Bookmark this reply Add cladking to your friends list
"Such as?"

Well, off the top of my head I'd guess there are fewer '71-P, '82-P, '82-D, '83-P, '83-D, '84-P, '86-D, '92-P, '92-D, '93-D, '95-D, and '97-D probably all have lower numbers surviving in unc than the '50-D. There may be a few oters like the '75-D and some of the '90's issues. Even the '86-P can be tough to lay hands on.

If you consider varieties then most of the '82 varieties are far scarcer than the '39-D. In choice condition a lot more dates join the list and in gem there will be more yet.

Prices are low on these because demand is low. Many of the older coins are in collections that end at 1964.
Time don't fly, it bounds and leaps.
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 Posted 10/07/2007  12:57 pm  Show Profile   Bookmark this reply Add One Red Cent to your friends list
1964 was sort of a watershed year for U.S. coinage. The change from silver to copper/nickel for the quarters and dimes and the change from 90% silver to 40& silver for the halves caused shortages of those coins because EVERYBODY was hoarding them. The mint jacked up production of the nickel in 1964 to help offset the shortages of the other denominations. Personally, I think 1965 represented the change from "old" to "modern" in U.S. coinage.
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 Posted 10/07/2007  4:47 pm  Show Profile   Bookmark this reply Add cladking to your friends list
"1964 was sort of a watershed year for U.S. coinage. The change from silver to copper/nickel for the quarters and dimes and the change from 90% silver to 40& silver for the halves caused shortages of those coins because EVERYBODY was hoarding them. The mint jacked up production of the nickel in 1964 to help offset the shortages of the other denominations. Personally, I think 1965 represented the change from "old" to "modern" in U.S. coinage."


There were a lot of changes. Some were incidental but most were structural and many of these were designed primarily to discourage collectors. There was even a bill in Congress which would have simply outlawed collecting new coins. It failed to pass.

The law was really unnecessary since the other measures proved highly effective. This was probably the single biggest change; collectors started ignoring new coins.

It's not just in unc that some of the newer coins will prove elusive. It's also AU and XF. Even nice attractive VF's and F's can be tough for the '65-'73 issues. None of these are really scarce and "nice, attractive" means light even wear on a well struck coin.
Time don't fly, it bounds and leaps.
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 Posted 10/08/2007  2:27 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list
Except for the years where no mint sets were made, it's incredibly easy to find uncirculated coins.

There were 2,000,000 mint sets produced in 1971.
There were 2,600,000 nickels produced in Denver in 1950.

I know many of the 1950-D's were hoarded, but if people ever started paying more money for uncirculated nickels there are a ton of mint sets out there to fill the need for years and years to come.
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