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Are Old Nickels Worth Saving Other Than War Nickels?

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Bedrock of the Community
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94367 Posts
 Posted 12/27/2017  1:18 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Outside of warnicks, I only save '38PDS and '39DS, and of course '50D (which I've never found either).
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 Posted 12/27/2017  5:42 pm  Show Profile   Bookmark this reply Add Rackster to your friends list
I've not done the research, but I wonder if the margin goes up if sold as a full set.

Here's what I've got going for the best of the CRH finds -



Are-Old-Nickels-Worth-Saving-Other-Than-War-Nickels?
Pillar of the Community
United States
7621 Posts
 Posted 12/27/2017  6:42 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
afcop13...

The wholesaler I sell to is Arizona Coin Exchange in Phoenix. You can find their website and buy list on line. Search "azcoinexchange". I've been selling to them for years.

Over the years they were buying pre-1964 nickels, then pre-1960 and the last I looked it was pre-1959. 7 cents each is still pretty good for stuff that can still be found in circulation!
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United States
408 Posts
 Posted 12/27/2017  7:15 pm  Show Profile   Bookmark this reply Add tampabaygrampa to your friends list
Rackster, I like your set up a lot. Nice way to keep track of exactly what you have.

I have accumulated one full roll of each minted for circulation Jefferson nickel from 1938 through 1999. That includes all War Nickels and all the keys.

I started collecting V nickels and have a roll of each from 1899 to 1912 with the exception of 1912-D and 1912-S. I have rolls of the some late 1930's Buffalo nickels.

I didn't have any problem selling the duplicate rolls I accumulated on E-bay. I sold most of them in one large lot. I don't keep duplicate rolls anymore but have some number of all the minted for circulation from 1938 to date.

It is just a fun thing to do and now that the nickels are complete I have moved to Lincoln Pennies. I have quite a number of rolls of those but not many pre 1940.

We all have our own interest and these are mine. Lately I have been accumulating US Mint sets. I have one or more from 1965 to date with the exception of a couple in the 80's.

When I run across a good deal on a nickel album, I will put together a set and list it on E-bay.

Keeps me busy and provides some additional funds to play with.
Keep what you enjoy and enjoy what you keep.
New Member
United States
19 Posts
 Posted 12/27/2017  7:37 pm  Show Profile   Bookmark this reply Add Connor19817 to your friends list
I just started my little hoard of jeffersons from CRH pretty recently but I've been keeping anything pre-1970. Most of the 60's are easy to find in circulation and are common but I hang onto them anyways due to how old they are. Maybe eventually I'll let some of the later and more common dates go as my hoard increases (1964...lol) but who knows, maybe they'll be worth something more than 5 cents someday.
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 Posted 12/27/2017  9:41 pm  Show Profile   Bookmark this reply Add Rackster to your friends list
Tampabaygrampa - Like you, I'm working on the Lincoln Cents as well. Same setup but it's now taking up 2 2/3 boxes of tubes. Jeffersons (with the V and Buffalo) only taking up 2 boxes for now but as you say, quick and efficient way to work through inventory.

What I do is this: as I complete a CRH event, I set aside the coins I plan to/might keep. I then go through the roll for that date/mm; best coins are at the bottom with the lower grades toward the top. I compare the finds with the coin on top (i.e. the lowest grade coin for that date/mm). If better, I keep it placing it in the correct position according to grade and then toss the lowest grade coin (1959 and under) into a general bucket. For coins 1960 and up, I may or may not keep once I vet them for DDO / DDR/RPM. They go into a different bucket. I did this a long time with the older nickels, but not so much for the more current nickels. As a result, I've a number of later nickel dates/mms that need to be filled out yet. I'm pretty fussy though as for the most part, the coins need to be AU or better for these dates/mms (with a few exceptions).

The Lincolns are a combination of an early LWC hoard my brother and I accumulated plus some purchases (1934 and prior). Except for the keys and semikeys, I have full rolls. I use the same process here for optimizing each roll I have. Lower grade LWCs go into a bucket. LMCs are pretty much recycled to the next CRH event; no real purpose to keep them.

Connor - sounds like you are on a common path. I think that over time though you will begin to unload those latter year finds. The numbers minted are just too large to offer much hope that they will appreciate much in value. You may be better off turning in those nickels to get new ones to search through. There are exceptions though: high grade specimens are worth keeping (AU+) along with a few lower mintage dates. Consider keeping high grade 1982 and 1983 P&D specimens and 1986 D. And depending on where you are, you may find that high grade 1970s nickels are tougher to find that earlier dates/mms. It has been that way for me. If you plan to CRH regularly, you can reasonably be assured that you can put together solid rolls of high grade nickels from 1956 forward. Beyond those years, you will find occasional high grade specimens, but most rolls will be Fine or better. Some tougher dates/mms (usually dependent on location or semikey/key items) will have G/VG coins in the rolls (at least to start). But my advice is to be fussy else you will have a large number of nickels soon to be worth...a nickel each. Good luck on the hunt!!
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 Posted 12/28/2017  4:08 pm  Show Profile   Bookmark this reply Add Chopped Triumphs to your friends list
Peaches, what else is in the hoard,..
Please tell us with pictures... These guys are awesome. .
Edited by Chopped Triumphs
12/28/2017 4:22 pm
Valued Member
United States
449 Posts
 Posted 12/29/2017  7:05 pm  Show Profile   Bookmark this reply Add crazyforATB to your friends list
I stick to the pre 64 nickels also except I don't include 58-63 Denvers they are very high mintages and no point in collecting
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United States
624 Posts
 Posted 12/30/2017  2:51 pm  Show Profile   Bookmark this reply Add Mayflower2020 to your friends list
There is 4-6 cents worth of metal in each of them. I save them all for now. I will go back and sort though them some snowy day later in life when they have been replaced with aluminum. :)
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 Posted 12/30/2017  3:07 pm  Show Profile   Bookmark this reply Add cladking to your friends list

Quote:
There is 4-6 cents worth of metal in each of them. I save them all for now. I will go back and sort though them some snowy day later in life when they have been replaced with aluminum. :)


Sounds like a fun afternoon.

Older coins are always more fun than newer coins anyway and coins haven't gotten old so fast for a long time.

A fifteen year old roll of quarters is virtually ancient.
Time don't fly, it bounds and leaps.
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United States
2915 Posts
 Posted 01/01/2018  10:35 pm  Show Profile   Check John77's eBay Listings Bookmark this reply Add John77 to your friends list
I've been doing a similar thing to you, Rackster. I've been going through all of the nickels I have hoarded, and have been saving the best 40 coins of each date for myself, rolling the rest and putting them up for sale on ebay. Some of the dates go very quickly (1942 and 1959 Philly coins, for example). I also keep for myself all 2009-D coins which I would grade AU+ and put all of the lower grade (below AU-50) coins up on ebay as I accumulate rolls. Those also sell fast - even at almost 40 cents a coin!

I've also discovered there is now some demand out there for the harder-to-find 50-ish year old coins. In addition to the pre-60s, I also save Philly coins from 1960 through 1963, along with all coins minted from 1965 through 1969, along with 1970-S and 1971 Philly. All of those coins (except the 70-S) are fairly hard to find in circulation these days, and do command a premium on ebay.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
Edited by John77
01/01/2018 10:38 pm
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593 Posts
 Posted 01/12/2018  9:55 pm  Show Profile   Bookmark this reply Add garys64wildcat to your friends list
I was at the bank today and I decided to buy a box of $100 nickels. I haven't CRH for a long time and I was bored.
Not bad hunt though. No War Nickels, but one 1938s, Two -1939-P one 39S. 1940-s, 41S, 42P, 9+ from 1946 to 54 all mint-marks, and about 2+ rolls of Lincoln commerative years. lots of 60`s.
The 38 and 39`s made me think it was not a waste.

Also 6 Black Beauties as a CCF Member mentioned yesterday
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12840 Posts
 Posted 01/12/2018  10:18 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
I haven't done a box in a while and we've got some good, chilly stay-inside weather coming. Thanks for the reminder.
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 Posted 01/12/2018  10:25 pm  Show Profile   Check John77's eBay Listings Bookmark this reply Add John77 to your friends list
Wow, garys64wildcat! That was quite the box. Us West coast people have the advantage of having an easier time finding those key date S-mints over others.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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593 Posts
 Posted 01/13/2018  11:50 am  Show Profile   Bookmark this reply Add garys64wildcat to your friends list
I also got about 12 of the 1968, 69 and 70 S mint newer Jefferson nickels, but the high mintage coins probably not to much value and some with full steps.

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