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Is There Any Point To Hoarding Not-So-Old US Coins?

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United States
109 Posts
 Posted 10/26/2016  01:10 am  Show Profile   Bookmark this reply Add CrusaderVW to your friends list
I generally only save wheat cents and wartime nickels personally. The wheat cents go from 1909-1956 and the Wartime Nickels go from 1942-1945 if ya didn't know. The Wartime Nickels have silver content (I don't specifically remember how much) and the wheats are just interesting to me. All quarters, dimes, and half dollars minted before 1965 contain silver, but those aren't really worth collecting unless you collect silver coins, want to save the really nice ones for a small profit, or you're a silver hoarder. But in my personal opinion, there's a difference between hoarding and collecting, not to be blunt. But like Finn said, you can always sell hoards of different coins and make a pretty penny off the deal (pun intended).
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United States
15435 Posts
 Posted 10/26/2016  05:40 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
You can also consider trying to put together sets of the various coins in your hoard ... such as a 1938-date Jefferson nickel set, or perhaps a complete set of copper Lincoln Memorial cents 1959-1982, etc

I admit to hoarding my roll found Jefferson 1959 and earlier. Also save any pre-zinc Lincoln Cents I happen to find.

You can do it however you want ... just know that if 'profit' is a motivation there will not be any.

David
Take a look at my other hobby ... http://www.jk-dk.art
Valued Member
United States
408 Posts
 Posted 10/26/2016  07:55 am  Show Profile   Bookmark this reply Add joeysanders627 to your friends list
I would keep them for now. I think the market is weak anyway. Wait a few years and I believe the market will be much better than it is right now.
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United States
527 Posts
 Posted 10/28/2016  7:55 pm  Show Profile   Bookmark this reply Add Paola1 to your friends list
just sharing ..... it's about making money with Jefferson nickels , thought was interesting

http://www.coinworld.com/voices/jef..._withje.html
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United States
2205 Posts
 Posted 10/29/2016  4:34 pm  Show Profile   Bookmark this reply Add jpsned to your friends list
When I first began collecting I remember going to a coin collector's store and I saw that they had a drawer filled with tubes of each denomination by year and mintmark. When somebody requested a coin, they would just got to the designated tube, fish one out, and sell it at a nice profit.

So that's what I've been doing for 40 years. Any nickel or penny before 1959 that I find in circulation gets nabbed and put into a tube with its brothers and sisters. Of course, my scheme to sell them one by one has not yet been hatched. But I enjoy having all those old coins and keeping them organized.

But after 1958, I don't keep them. Maybe it's because I was born in 1959 so that anything younger than that date seems not valuable to me.
Edited by jpsned
10/29/2016 4:42 pm
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Australia
21788 Posts
 Posted 10/29/2016  5:17 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
If it is 90% silver in low grades, separate the scarce ones and include them in your collection as space fillers.

For the common 90% silver, just retain that stuff as it comes along, and toss it into bulk collection and forget about it.
Perhaps sell this stuff when the silver price becomes an advantage to you, and you happen to need some ready cash at the time.

I wouldn't bother with collecting anything but silver coins in bulk. Forget about collecting base alloy coinage; I don't think it is worth the effort.
Valued Member
United States
467 Posts
 Posted 10/29/2016  11:49 pm  Show Profile   Bookmark this reply Add oober to your friends list
Not searching at the moment, but did hold onto all pre 1960 nickels, copper cents(did dumps a lot of brown copper in 2012, 1000 face), canadian/world anything.... Better nickels in coin tubes or 2x2's, red copper in big glass jars, wheats in rolls brown copper in either bags or rolls. All Canadian in rolls.
Valued Member
United States
467 Posts
 Posted 10/29/2016  11:55 pm  Show Profile   Bookmark this reply Add oober to your friends list
Should have spoke more on the nickels... Sitting on 200 face of pre 60 Jeffersons. Decent dates, or higher grade go into 2x2. I also do hold onto high grade nickels I find from 60-2000. Every time I find a high grade specimen they go into a dated tube.

Especially the 82, 83's.

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624 Posts
 Posted 10/30/2016  12:30 am  Show Profile   Bookmark this reply Add Mayflower2020 to your friends list
I also keep all the copper cents (92.5%) I find. Silver quarters, and dimes.

WWII nickels are 35% silver which a lot of people are unaware of.

And then I also keep a few brand new coins that I find each year. Bright shiney perfect brand new quarters, nickels, dimes and pennies. Because years from now one or two coins will become the key coins in each set for some reason or another. And having a high quality example can be worth a bit more than face value. 1983 Quarters for example in perfect condition are worth $12-25 just because they are harder to find in perfect condition.
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United States
446 Posts
 Posted 10/30/2016  7:07 pm  Show Profile   Bookmark this reply Add DCM Coins to your friends list
I am not one to hoard copper cents. I will save those vintage cents that have some red to them.

On nickels, I tend to save those prior to 1960, though I have several pristine 1964 nickels set aside.

If I were to give anyone advice here (and please remember that the advice here is not worth the paper it's printed on) is "collect what you like".

It's all about the simple pleasures.
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 Posted 10/31/2016  09:52 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
I also save copper cents and pre-1960 nickels. They don't really take up much space at this point so I'm not too worried about it, or any value I may be losing due to inflation.
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 Posted 11/04/2016  2:18 pm  Show Profile   Bookmark this reply Add garys64wildcat to your friends list
I just got a 49S Jefferson this morning to add to my other pre 60`s.
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United States
3843 Posts
 Posted 11/04/2016  8:18 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
If no coins from a period of time are hoarded it may impact the series collectable viability in the future if only heavily worn or ugly coins are left from circulation finds are left to collect --- at least that is my justification to myself when saving a few red 1960/1970's cents.
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United States
20753 Posts
 Posted 11/05/2016  9:42 pm  Show Profile   Bookmark this reply Add just carl to your friends list

no
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