2009 Nickel - Page 3 - Coin Community Forum

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Author	Replies: 36 / Views: 14,074	Page: of 3

biokemist6 Bedrock of the Community United States 12437 Posts	Posted 06/18/2011 11:50 pm Quote: I guess I'm not understanding how you're doing the comparison between the 59's and 09's. The price paid for 09's are for unopened original rolls of gem/near gem Nickels. A comparable roll of 59D's would be quite a bit more than 10-11 bucks. Greysheet ask for a roll of 1959 nickels is a measly $4 so a retail of $10-12 would be accurate. 1959 nickels are nothing special and their value reflects that, even in the form of original bank rolls. Quote: So you are saying only NYC is collecting coins and the rest of the country isn't? Please. No, the real number of coin collectors would be much lower than the population of New York City which is currently in excess of 8 million. I am not talking about someone who inherited grandma's silver dollar, has a jar of State Quarters, or assembled a mostly incomplete wheat set in a folder as a kid- they are not collectors. That is like calling me a baseball card collector just because I have about 50 or so cards hidden in a dusty shoe box from 25 years ago. To be a collector, you have to actively seek out and purchase coins- passive accumulation doesn't count. Think about it this way- the American Numismatic Association has approximately 30,000 members. Even if only one 1% of collectors were ANA members, that would give you a collecting base of 3 million which would still be a little too high. Report this Post to the Staff
rdlem Valued Member United States 187 Posts	Posted 06/19/2011 7:50 pm Quote: Greysheet ask for a roll of 1959 nickels is a measly $4 so a retail of $10-12 would be accurate. 1959 nickels are nothing special and their value reflects that, even in the form of original bank rolls. Now see I told you I was inexperienced. This is doubly so when it comes to coin values. That said I guess I need a little more help understanding this. Do I just not understand obw? I understand it as basically a bag of new coins from the mint rolled for the first time. If I had grabbed a few rolls of those, they would all most likely be full step right? and MS? Is it that likely you wouldn't even get one ms 65 or better from a roll? I've only ever opened a few new rolls of lincolns and I'm even less skilled at grading than I am at knowing values. What I was thinking is that there'd be 40 mid-MS coins per roll with some nice potential at something quite valuable. I can't put my head around $10 a roll other than thinking you just can't really tell if a roll has been searched and so you have to price it as if it had. In this case you know they have not but you would have to break the rolls and get the value of each coin individually. thanks Bio/Condor Report this Post to the Staff
lukkyseven Pillar of the Community United States 880 Posts	Posted 06/19/2011 8:07 pm Sell these while you can... Report this Post to the Staff
Neil Pillar of the Community 555 Posts	Posted 06/20/2011 10:57 am Quote: Even if only one 1% of collectors were ANA members, that would give you a collecting base of 3 million which would still be a little too high. biokemist is closer to being correct than smokeriderdon. In fact the number of collectors may be considerably lower when you look at the UHR sales. Arguably the most beautiful coin to come out of the mint in the last few years, and selling for roughly $150-200 over spot. Available for one year. I never buy gold, yet I bought one of these. I'm sure there were others like me. I realize not everyone can afford a $1250 coin, even though its intrinsic value is $1100. Yet only a little over 100,000 sold. Report this Post to the Staff
fur_coin_talk Valued Member United States 230 Posts	Posted 06/20/2011 1:42 pm Finally found my first 2009 nickel. Report this Post to the Staff
CaptainFwiffo Pillar of the Community United States 4132 Posts	Posted 06/22/2011 09:52 am I've been saving them from the last four or so boxes I've searched, but I haven't found them all that scarce (I'm in SW Florida). I have a little over a roll of P and and half a dozen D or so, and I've gotten some naturally in change. I've only been saving the sorta nicer ones, although none of the ones I've found are exactly what I'd call BU. It seems like even brand new nickels I find are pretty dinged up; I guess the sharp edges on the new nickels make for more bag marks. If circulated rolls are going for several times face on ebay, I'm gonna increase my nickel volume and start unloading them. Report this Post to the Staff
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