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 Replies: 23 / Views: 4,159 |
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Valued Member
United States
172 Posts |
Great advice about pre-59. Perhaps you could do this: Triage.
Get some coin tubes, and some rolls of nickels and just pick out all the ones pre-59, then turn in the others and buy more rolls until you have run out of nickels.
I am developing a system here base on what I have read so far...here it is...
First, I found a Credit Union with a coin counter cheaper than Coinstar (which chargeds around 10%)...the Cornerston FCU in Lockport, NY charges only 3% for the coint counting (which is for customers only)...when I get the receipt I can directly deposit into a checking or savings account (no fee, its a credit union! Credit unions are a beautiful thing, banks are trying to shut them down because the Credit Unions are non-profit and keep your money local!) So, why not have my coin habit feed antother great habit...saving money!
Anyway, that't a great dumping ground...so other fellas like me are probably doing something similar....now, where to BUY the rolls...how about someplace that is hostile to coin dumping? How about a big multi-national bank? Buy rolls at your HSBC's , your BOA's or what have you...anyplace that will not accept coins unless they are rolled! (which is a PITA and time consuming [I am sure somebody on this board has a machine that automatically rolls coins for you or some such thing...]
Regarding nickels, if I see a really nice strike, or all the steps I am keeping it...also, I look out for unusual toning brought about by tempering oven mistakes [possibly the wrong process name here, but search Black Beauties on this board, they are nickels that have a very rich , dark finish that came from the mint!)
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Moderator
 United States
15428 Posts |
 to the wonderful world of nickel roll searching. I agree with everything my friends said above ... and each person approaches the nickel roll hunt from a different way. Sooo ... I as well keep all 1959 and prior dated nickels ... and am on a quest to find the entire circulation strike series from local bank rolls ... have two coins to go! In addition to the war silver nickels ... be aware that there are nine total circulation strike Jefferson with less than 10 million mintage ... I would keep all of them if I were you. You can easily research these dates in any guide book, or with a simple Google search. IMHO ... roll searching USA nickels is great fun and a fabulous way to learn the hobby ... you will find a wide variety of coins .... and it is the only 50+ year old series whereby a current collector has a chance to complete the entire series from pocket change. Enjoy the hunt. David Take a look at my other hobby ... http://www.jk-dk.art |
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Valued Member
United States
141 Posts |
Add me to the list of pre-1959 hoarders.
I use the triage method.I pick up rolls of nickels at my local BOA. I also pick up wraps for free while I am there. I then go through each roll and take out any pre-1959 as well as any nickel from the 60's or 70's with full steps as well as any proof or well struck coin that catches my eye. I then rewrap them in the new rolls and bring them back to my dump bank. Every once and awhile I sit down with all the coins I've pulled out and go through them in more detail. I separate them by year and mint mark and put all they others in groups. I have been able to put together a complete set (except for the 50D, that one I had to buy). I also have 2 more sets that only need a couple of coins for that I have given to each of my sons.
As for the foreign coins those are all keepers. I love the Bermuda nickles with the fish. LOL
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Pillar of the Community
United States
1796 Posts |
Hehe I think that everything "important" to start out with has been mentioned. My personal keepers rubric is -- in order -- as follows: 1) 1961 or earlier. (Why 1961? That's where Vol 1 of the Harris album ends. :-) ) 2) 1989 or earlier with full steps. 3) 2009 4) S mintmark. 5) Burnished finish (later-date "SMS"; I've found several of these). 6) Interesting errors or varieties. (Doubling, die cracks, Cuds, greasers, off-center strikes, etc.) 7) Seriously unusual PMD. (I have a fun collection of examples that will make you think "What in the world?!" :-) ) 8) Foreign. Anything that doesn't fit at least one of those criteria goes in my cull pile and I also record my progress on completing the 1938-1961 date set on Numismetrica: http://www.numismetrica.com/collection/5Edited by SteveCaruso
02/04/2012 11:40 pm
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Pillar of the Community
United States
1150 Posts |
I'm also an admitted pre-sixty nickel hoarder. Can't seem to find the fiftyfive P by roll searching, though. Same with the not so ubiquitous 50D.
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Pillar of the Community
967 Posts |
I usually keep them pre 1960 except 1959 D and 1958 D. The worst of the early common years I also will not keep. I probably have about 30 rolls each of 1939 P, 1940 P, and 1941 P. I will usually keep any coin older than 20 years if it is in BU.  Heck you could just keep them all! |
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Pillar of the Community
527 Posts |
I also keep pre 1960 nickels and I have started to keep nickels from 1960 and 1961, but only the ones without a mintmark on them, and that's because the ones in Philadelphia had less than 100 million minted (55,416,000 for the 1960 nickels, and 73,640,100 for the 1961 nickels) Their Denver counterparts were minted in the hundreds of millions, so I'm not saving those for the time being.
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Bedrock of the Community
United States
20753 Posts |
1. Collect only 1964 Nickels. The more you get out of circulation, the better it is for everyone. 2. Don't collect older Nickels so there are more for me. 3. Don't use the roll searching system, only collect what you find in change so again, more for me. 4. If you find some of the Nickels have an Indian Head on the front, place them back into change. They were intended for Indians only. 5. Nickels with a lady's head on one side and a larg V on the other may be mine. Send all to me. Think I lost them a long time ago.  Mostly already well noted which ones are the ones to collect. You may want to get a Red Book by Whitman Publishing or just constantly use the Numismatic web site. |
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Pillar of the Community
527 Posts |
Quote:
1. Collect only 1964 Nickels. The more you get out of circulation, the better it is for everyone.
2. Don't collect older Nickels so there are more for me.
3. Don't use the roll searching system, only collect what you find in change so again, more for me.
4. If you find some of the Nickels have an Indian Head on the front, place them back into change. They were intended for Indians only.
5. Nickels with a lady's head on one side and a larg V on the other may be mine. Send all to me. Think I lost them a long time ago. Forgive me for asking but why are you always so sarcastic on here? |
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Valued Member
United States
297 Posts |
I have an old 1938-1961 Whitman folder that shows the mintage for each nickel underneath its spot. I use this for a reference when roll searching and I only keep any nickel with less 100 million minted.
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Valued Member
 United States
279 Posts |
I just ordered myself a Whitman folder. Thanks for that suggestion.
Once again, thanks everyone for the help. It looks like I will sort all pre '60 nickels, take pictures, and come on here with more questions.
Edited by NYBrian84
02/05/2012 4:27 pm
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Valued Member
United States
279 Posts |
So, my girlfriend found my first Buffalo nickel, today. She was keeping it a secret, and was going to get a book for it to give me as a valentine's day gift. Well, I told her I just ordered a book, and she ended up telling me that was her plan, but with it, this nickel she found. She said she can't read the 19, but she can read the 25. She said it doesn't have a mint mark on the back, but she couldn't take clear enough photos. This was her best attempts I'm so excited. Out of the very few variations of US currency I've seen online, this is without question, my favorite. My question is, how can I get the rust off of it, without doing any damage?   |
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Valued Member
United States
172 Posts |
I believe to clean is a mortal sin,
but to dip a venial one.
However, dipping can become a mortal sin
if one has thoughts of cleaning
whilst dipping.
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Valued Member
United States
172 Posts |
SAT flashback;Analogies:
Just Carl:CCF as
The Bad Lietanant: Policemen in general
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Valued Member
United States
172 Posts |
1964 Nickels: Coins
Carl Sagan: Narrators
"Billyuns and billyuns"....
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Replies: 23 / Views: 4,159 |
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First Page
Posted 02/04/2012 9:59 pm
