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 Replies: 21 / Views: 3,131 |
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Pillar of the Community
United States
979 Posts |
Ok, so my friendly neighborhood five star bank had some goodies today. Some elderly man brought in a bunch of old coins recently. She said there was a lot more but everyone else nabbed most of it (too much competition around here) Anyway there 42$ in nickels left, so I got all of them. Most of them are old jeffersons. Here's what I got: Keepers: One silver War Nickel covered in gunk one dateless buff And for just the jefferson: 9.5 rolls from the 50s 7.5 rolls from the 40s 2 rolls from the 60s (64 and older) 2/3 of a roll from 30s So now.... what to do with the oldies? They are in varying shape, mostly very circulated but some pretty decent. Thanks for any advice! |
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Pillar of the Community
United States
1796 Posts |
I'd check for well known doubled dies and repunched mint marks, and search all of the known dates for Henning Nickels. :-)
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Moderator
 United States
189340 Posts |
You should definitely sort out the better ones and possible varieties. I think most will suggest that you keep the pre-1960 dates, but I am one of those freaks that keeps all of them. This could be the start of a nice nickel hoard.  |
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Valued Member
United States
359 Posts |
Buy yourself a folder (or better yet a Dansco 7113 album) and start filling some holes. Keep all the ones 1959 and older.
Since this in the in coin roll hunting forum, I would then go to the bank and have them order some nickel rolls for you so you can start filling the rest of the holes. Jeffersons can provide a doable challenge to complete from circulation. If you keep at it.
That is what I would do...
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Moderator
United States
189340 Posts |
Quote:
Jeffersons can provide a doable challenge to complete from circulation. If you keep at it. I agree.  |
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Pillar of the Community
 United States
979 Posts |
I am probably going to get a few 38-61 jefferson whitemans folders. They are $4 so not much of an investment. I wanted to pick up some folders anyway to see if it would be a fun thing. I haven't done it much.
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Pillar of the Community
United States
2541 Posts |
see if you can sell them on the bay...
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Moderator
United States
189340 Posts |
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I wanted to pick up some folders anyway to see if it would be a fun thing. When you are done, store them away for a future gift to a promising YN in your life. |
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Bedrock of the Community
United States
36841 Posts |
If you don't need the money, just keep all of them. They're already worth more than face value just for the metal content.
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Valued Member
United States
366 Posts |
Nice score. I'd hold all of them if it's not a problem in terms of money.
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Valued Member
United States
250 Posts |
if you coin roll hunt nickels a lot maybe start and make rolls of them (40) of each date and mint mark...that is what I'm trying to do with nickels...its gona be hard to get some of the tough dates....i only do pre 1960 for the rolls...but a 1938 P roll circulated is still going for about 4-6x face on ebay depending on grade |
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Valued Member
United States
381 Posts |
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I wanted to pick up some folders anyway to see if it would be a fun thing. I haven't done it much. When I started I wasn't sure if I would enjoy it also. Now it seems like I have an album for for everything. It can be really addicting. In a good way. Nickels are the most fun in my opinion. Cheap to get and readily available. Check your local Coin Store for used albums. My LCS has a bin for used albums and folders. I picked up a used Dansco Eisenhower, Franklin, and Jefferson for $9.00 each. I check the bin every time I visit. |
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Pillar of the Community
United States
979 Posts |
the said the nickel ones are only $4 :) An ike book would be nice, a Wheat cent would be nice... I kind of want them to be able to display my coins, I just worry about the pennies corroding. I have heard stories, but also seen first hand the damage that can happen. My friends grandpa had a collection but it corroded to junk while in the folder. It was an odd rustiness. The coins not in the folders (mostly in tubes) faired much better. I wonder if storing the coin folder in a big ziplock bag would save them from corrosion? |
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Pillar of the Community
United States
979 Posts |
As far as melt values.... aren't current nickels the same composition, 75%/25% cupronickel? Couldn't one hoard ANY nickels for melt value?
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Valued Member
United States
359 Posts |
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I wonder if storing the coin folder in a big ziplock bag would save them from corrosion? I recommend storing all albums in Ziploc bags. Doesn't hurt to put a few silica gel packs in the bag too. Also a few pre 1982 cents should go in the bag. |
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Valued Member
United States
366 Posts |
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Broseph - Couldn't one hoard ANY nickels for melt value? Yup. Right now you can stack nickels and have basically a full box of CuproNickel. The only oddities in there would be potential foreign coins, War Nickels, and older US nickels which may not be 75/25 Cupronickel. |
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Replies: 21 / Views: 3,131 |
Posted 10/05/2012 10:49 am
