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 Replies: 29 / Views: 5,045 |
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Pillar of the Community
United States
4333 Posts |
Dumped over 1,000 1946-1958 a couple years ago, and those were accumulated thru roll hunting in about a years time about seven years ago. Most of those were found in collection dumps so I just felt they were just too common to hold.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
795 Posts |
I save all pre-1960 nickels, for the future (you never know if the prices will go up, plus they are hard to find sometimes around here).
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Pillar of the Community
 United States
3649 Posts |
For decades I kept every pre-1960 nickel I found. As you might imagine, I accumulated a large number of rolls, including almost a full roll from '38 and '39. A few years ago I started doing some cleaning up of my accumulated stuff, and just decided to start spending them. I'd dump a roll or two at a time into my change bowl, and replenish as needed.
I still pay for most transactions with cash, and generally carry change, so I've managed to release most of those back into the wild for someone else to find!
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Pillar of the Community
United States
743 Posts |
I used to, but kept accumulating too many nickels. Now I just keep any pre 1950 nickels.
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Bedrock of the Community
United Kingdom
17940 Posts |
I had a 1957 Jefferson nickel in change on my recent trip to the States and spent it. I also spent a cull Buffalo nickel and I used a damaged Liberty Head nickel in a vending machine. I had no need for them and I'd rather release them back into circulation. |
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Bedrock of the Community
United States
19158 Posts |
These days I only keep pre '46 nickels. Until recently I had mountains of late '40s through late 50s Jeffersons. The very best examples went into albums, the rest were rolled and taken to the bank.
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Pillar of the Community
United States
692 Posts |
I segregate all pre-1964 nickels. But I keep all nickels for their potential scrap metal value. (Yes, I know that current regulations prohibit melting nickels for scrap.)
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Pillar of the Community
United States
2049 Posts |
Quote:
I segregate all pre-1964 nickels. But I keep all nickels for their potential scrap metal value. (Yes, I know that current regulations prohibit melting nickels for scrap.) Why pre-1964? That makes sense for dimes, quarters, and halves but this is a headscratcher. If you're keeping nickels for scrap value, why segregate 1964 and earlier? Just curious on this... |
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Pillar of the Community
 United States
586 Posts |
Quote:
(Yes, I know that current regulations prohibit melting nickels for scrap.) It was once illegal to possess gold bullion. So we don't know what the future will bring. |
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Pillar of the Community
United States
4333 Posts |
Quote:
It was once illegal to possess gold bullion. Yes and no. EO 6102 allowed one to retain a quantity of gold coin, meaning for instance a family of 4 could legally retain $500 face value in bullion. That's 20 gold double eagles. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
154 Posts |
I'm keeping Jeffersons with mintages below 50 million that have 4 visible pillars on the back, or any pre 1960 that are in exceptionally good shape.
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Pillar of the Community
United States
692 Posts |
Quote:
"Why pre-1964? That makes sense for dimes, quarters, and halves but this is a headscratcher. If you're keeping nickels for scrap value, why segregate 1964 and earlier? Just curious on this..." *** Edited by Staff to add Quote tags. Please use them in the future. ***1964 mintages for nickels were huge compared to previous years. I assume this was because of the rising price of silver and the fact that those nickels were non-silver. Thus they would not be hoarded like people were starting to do with silver coins at the time. I still find lots of 1964 nickels in my change. So 1964 just seemed to be a convenient cut-off point for segregating older nickels that might have some value other than metallic content. |
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Pillar of the Community
United States
2910 Posts |
I do keep them all, though I do sometimes re-circulate the cull/damaged 1940, 1941, 1946, 1954-D, 1957-D, 1958-D, and 1959-D nickels that I find.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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New Member
United States
49 Posts |
I do keep pre-60 nickels but no longer search rolls due to poor eyesight.
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Pillar of the Community
United States
3237 Posts |
Yes, but considering only keeping stuff 1960 and earlier with mintages under 100 million in the future as I'm getting too much common junk.
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Posted 04/09/2022 5:32 pm
