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 Replies: 14 / Views: 304 |
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Pillar of the Community
 United States
6782 Posts |
Onwards to the next well-organized heaps of nickels from coin roll hunting. First, let's rule out cupronickel nickels from 1938-1942, 1946-1959. I keep all of the ones I find in a pair of plastic peanut jars labeled 1940s and 1950s. For obvious reasons, I keep 35% War Nickels in a tube. Over the past three years, whenever I ran across "nice" examples of nickels, I would stash them in paper shotgun tubes. My categories are below. I have since reached some conclusions about stashing rolls. Namely, my nieces and nephews show zero interest in coin collecting. Also, you can buy BU specimens of 1960+ coins in the original mint cello for a pittance. Nobody is going to want XF/AU coins. If some future generation wants to build an album, the 1938-1959 nickels are a solid head start, and they can acquire the rest. I think my inspiration from the Omaha Hoard has fizzled. Assuming I wanted to cut down this heap of rolls, what would be your strategy to consolidating to a few rolls? 1960-1963 nice no saving 1964 1965-1967 no mm nice 1968-1969 d,s 1970 d,s 1971-1979 nice 1981,1984-1989 nice 1982-1983 p,d nice (sellers) 1990-1999 p,d full steps MS/AU 2000-2003 FS MS nice 2004-2005 LAP luster, EDS 2006-2022 very nice (luster, MS) 2024-2025 p,d BU TONED (any year) I am stashing 10-15 BU rolls of quarter-mil nickels. Those I think should be preserved. |
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Pillar of the Community
United States
661 Posts |
For me, putting older coins back into circulation is the best strategy. By doing so you may spark new interest in coin collecting by some who say "look what I found in change."
Your collection may be too large to recirculate alone, but for some at least.
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Pillar of the Community
 United States
6782 Posts |
That's definitely the goal here. The heap is 70-80 rolls. If I can reduce that drastically, I think that's the best result.
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Moderator
 United States
193305 Posts |
Spending or depositing would be easier than selling, but I cannot help thinking the latter might be worth the effort.  |
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Pillar of the Community
United States
1758 Posts |
I am still copper mining cents. At 4x face it makes sense. Right now, my yield is average of 15 per 100.
Nickels may start to make sense a few years into the Zinckel. If I had to guess, I would bet the first year of the Zinckel will be 2028.
Edited by DoubleEagle20
Yesterday 6:05 pm
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Bedrock of the Community
United States
77332 Posts |
Keep what you want and roll up and spend the rest.
Errers and Varietys.
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Pillar of the Community
United States
7219 Posts |
Might be brain fog or something else Quote:
I am stashing 10-15 BU rolls of quarter-mil nickels. can you explain what is q-mil nickels? Thank You |
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Pillar of the Community
United States
6782 Posts |
Quarter millennium. I got tired of saying semisesquicentennial.
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Pillar of the Community
United States
624 Posts |
Not long ago I spent an evening culling from my Nickel hoard.
Nothing very organized, just spread them out single layer and kept the best looking ones by process of elimination, giving the older coins more slack than the newer ones.
I ended up with a coffee jar with about 13 pounds of Nickels, so nearly $60 worth, face value, or about 30 rolls. I may never get around to rolling them up, and my credit union won't take bulk coins that aren't rolled.
So I might croak with that coffee jar still in my possession, but my stash of kept Nickels is, on average, more attractive.
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Valued Member
United States
138 Posts |
Here's a possible suggestion. Buy some nickel coin books, Whitman or other. Sort out partial sets for each book into sandwich bags. Hand a book and a bag to kids. You can do this at a local coin club, church, relatives, whatever. Watch their eyes light up.
"I like money. I can't believe you like money, too. We should hang out."
Frito
Member CONECA, Early American Coppers, NETCC
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Pillar of the Community
United States
6782 Posts |
Roller, that might be the eventual destiny of the 1940s and 1950s jars. But I think the album filler search for 1960-2025 is a journey, not a destination. There is a kid table at our local coin show that offers free used albums; maybe they would appreciate some nickels. I think most of what they offer is LMC albums, though. |
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Pillar of the Community
United States
6782 Posts |
Anyway, the reckoning begins:  |
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Pillar of the Community
United States
6782 Posts |
Starting tally, more for my own memory than anything: 3x 1960-1963 nice 1x 1968-1969 d,s 2x 1970 d,s 2x 1971-1979 nice 4x 1981,1984-1989 nice 5x 1982-1983 p,d nice (sellers) 7x 1990-1999 p,d full steps MS/AU 1x 2000-2003 FS MS nice 14x 2004-2005 LAP luster, EDS 11x 2006-2022 very nice (luster, MS) 2x 2024-2025 p,d BU 2x TONED (any year) 4 extra rolls of various years 7 "check later" rolls, probably from prior cleanups So about 65 rolls, not including 3 rolls of Buffalo nickels and worn Buffalo nickels. Edit: in case anyone is wondering, at 200g per roll, that's 13kg or 28.6 pounds of nickels. No wonder my bookshelf was straining! =P Edited by Brandmeister
Today 2H 35M ago
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Pillar of the Community
United States
2282 Posts |
Quote:
Also, you can buy BU specimens of 1960+ coins in the original mint cello for a pittance. This is just the thing. There are very very few BU rolls and the mint sets are nearly gone. The coins are cheap cheap cheap because there is no demand. But this is changing. People are beginning to collect mint sets, BU singles, denominational sets, and even BU rolls. Prices are soaring. Supply is drying up. What people don't realize is most BU rolls contain ugly poorly struck coins, many mint sets have tarnished coins, and the few coins that survive in circulation are typically low grade culls. In four or five years we're likely to see coins like a nice well struck 1971 nickel in XF go right through the roof. Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
6782 Posts |
You've made that case before. I can see considering strike quality for graded registry sets. In practice, do collectors building albums really agonize over strike quality and die state?
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Replies: 14 / Views: 304 |
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Posted Yesterday 10:54 am
