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Liberty Nickel Question....

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Bababooey's Avatar
United States
374 Posts
 Posted 08/04/2014  04:12 am  Show Profile   Bookmark this reply Add Bababooey to your friends list Get a Link to this Reply
I recently finished a Liberty nickel set, and I have to say it was pretty satisfying! I collected them as a child with really no hope of getting them all. Now that I have a job and money, one day I realized that I could probably get them all. And I did. And it is nice.
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jimbucks's Avatar
United States
4692 Posts
 Posted 08/04/2014  04:22 am  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I see no reason to rush on this set, as valuation is unlikely to change anytime soon. Keep an eye out for the 1885,1886, and 1912-S and be ready to buy if they come up at the right price. Do NOT get suckered into a gold plated 1883 gold plated coin. Good luck.
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machine20's Avatar
United States
1279 Posts
 Posted 08/04/2014  10:20 am  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Don't try to sell the VF ones that you have. You probably won't come close to getting the money you put into them
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52Raymo's Avatar
United States
8517 Posts
 Posted 08/04/2014  11:01 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
If you have lots of family you can drop hints what you want for birthdays, Xmas, graduation and such.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Catbert's Avatar
United States
72 Posts
 Posted 08/04/2014  12:21 pm  Show Profile   Bookmark this reply Add Catbert to your friends list Get a Link to this Reply
Lots of good advice here! When I read your later post, I observed some conflicted feelings regarding whether to strive to complete the series or to shift to owning only a few in higher condition. Obviously, only you can determine what makes you happy, but if you go the latter route and buy a few nicer pieces, these can be the foundation for a later pursuit of the series as you gain discretionary income. Meanwhile, you can then shift gears toward your type set. That's my nickel's worth of advice for you!

P.S. Man, I wish these coin forums were available when I was a young coin collector!
Edited by Catbert
08/04/2014 12:22 pm
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buddy16cat's Avatar
United States
1536 Posts
 Posted 08/04/2014  2:56 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
I agree, I have sold VF 1883 no cents and they went for a low price. Even lower was a low grade 1888 that went for the starting bid of 99 cents. The racketeer nickel is a novelty really and it can be difficult sometimes to determine if it was not something actually passed on as a gold piece or done after the fact. I have all but the keys myself and swapping out when I can for better coins. It is a very doable set and collect them because you like the coin and not because of the valuation.
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ExoGuy's Avatar
United States
4418 Posts
 Posted 08/04/2014  4:59 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
The original Racketeer Nickels will have a reeded edge. Also, they'll tend to evidence very little wear and much of the gold plating will remain. The modern ones, plated mostly in the 1960-70's, do make interesting conversation pieces though. Original ones are quite scarce. Either way, one of these will add a little spice to the set.
Edited by ExoGuy
08/04/2014 5:00 pm
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baldy's Avatar
United States
83 Posts
 Posted 08/04/2014  7:43 pm  Show Profile   Bookmark this reply Add baldy to your friends list Get a Link to this Reply
Thanks for all the opinions! I think I will keep going with the circulated set and eventually buy just one uncirculated coin for my type set. How would you go about purchasing the pricier coins?
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ExoGuy's Avatar
United States
4418 Posts
 Posted 08/04/2014  9:07 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
My humble suggestion for a buying strategy:

Make a list of types you're seeking, lowest to highest value.
Decide on your affordable grade range for each type.
Meanwhile, watch some similar coins on ebay and record what price each realizes.
Save your money and find an area show that's a month or two coming.

More shows tend to appear, following the summer months. You can then comparison shop.

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baldy's Avatar
United States
83 Posts
 Posted 08/04/2014  9:25 pm  Show Profile   Bookmark this reply Add baldy to your friends list Get a Link to this Reply
I should've been more specific.....I meant strategy for the nickels. Thanks for the type set advice though exoguy!
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ExoGuy's Avatar
United States
4418 Posts
 Posted 08/04/2014  9:52 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Strategy works for the nickels, too. Just figure which ones you can best afford, so as to narrow the field. I'd focus on the 1800's years. You could make a chart of the years/grades. Record the PR, Prices Realized, from ebay on the ones you seek. I'll bet that the show prices will beat those.
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