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 Replies: 29 / Views: 5,044 |
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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!
Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 |
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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 |
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(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 |
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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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Replies: 29 / Views: 5,044 |
First Page
Posted 04/09/2022 6:35 pm
