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5c Collection, Worth It To Make Sets And Sell?

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Valued Member
Canada
95 Posts
 Posted 10/05/2019  11:09 am  Show Profile   Bookmark this reply Add Squirmasaurus to your friends list
What purpose would I have to waste time in here with photos taken from the internet? I mean...really?
Valued Member
Canada
95 Posts
 Posted 10/05/2019  11:10 am  Show Profile   Bookmark this reply Add Squirmasaurus to your friends list
Wade, thank you.
Pillar of the Community
Canada
1505 Posts
 Posted 10/05/2019  3:05 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list
Squirmasaurus - You should probably take some of your own advice, in terms of "assuming" things. I do not see TerryT's post as "aggressive" and/or intending to be mean and neither are the "majority" of members. Nor I have seen any evidence in your other threads that people are being what I would consider to be "aggressive".

You are new and will sometimes ask questions that might not be worded in the best way, people will correct you and ask more questions, that is how we learn. I have asked many questions that were not clear or even very good for that matter. TerryT gave you a nice framework to sort your nickles in another thread, you should probably start by reporting back what you found. Others have provided you with links to great resources.

Your question is confusing on many parts, for example a MS collection of Victorian to present of 5 cent pieces can easily be worth $40-$100k. You stated that you found little of value in your coins, but asking if it is worthwhile putting together as full set to sell is confusing, especially when you are talking about all denominations. Are you talking about buying then reselling? or selling what you have? It is unclear.

To your point on why would you "waste your time..."? I am not assuming that you are one, but Trolls exist on the internet and in forums, they come on here every once in awhile and try to disrupt thing, ask repetitive questions or to waste people's time. I don't know why they do that, but they do. Maybe they don't have a life/friends and/or other interests.

This is a great resource for those that want to learn more, but a lot of that learning is doing some research and asking questions. People on here share their time and experience on a voluntary basis.
Valued Member
Canada
95 Posts
 Posted 10/05/2019  3:58 pm  Show Profile   Bookmark this reply Add Squirmasaurus to your friends list
purely wasted, thank you for this information. I did receiving an amazingly detailed response and suggestions on how to go about evaluating my nickel collection. However, I was quite discouraged by his choice of words above. Maybe because I felt stupid in stating that I had MS coins, when it is obvious that I really do not know how to evaluate them at all, no matter WHAT I have been reading and researching. With that said, I took them to a coin dealer in Ottawa and she said that I had nothing of value, however, when I look at the current prices for nickels in excellent condition on the Coins and Canada site, and then compare the prices to the current ones being sold on ebay or auctions, it tells me otherwise. Anyways, I have attached 3 pictures, for reference purposes only, to show what I have done, to date. I have a binder of all my nickels from 1922 up to 1960. 60's, 70's and 80's are in plastic pill containers and 80's and above are in the photographed wooden box. I just don't want to spend a lot of time, like I already have, organizing nickels that would be best to just roll and take to the bank. It is all very overwhelming.
5c-Collection,-Worth-It-To-Make-Sets-And-Sell?
5c-Collection,-Worth-It-To-Make-Sets-And-Sell?
5c-Collection,-Worth-It-To-Make-Sets-And-Sell?
Pillar of the Community
Canada
1505 Posts
 Posted 10/05/2019  4:49 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list
It's tough, there is value in MS coins 1950+, but the problem is there are few buyers compared to tons of supply. For a dealer, they probably have more than they will ever need in stock and won't even offer face value because there only way to monetize is to take them to the bank. Dealers like the high value stuff because it is the only way to make a business viable.

Some hobbyist sell recent ms coins, but sales are relatively few and far between. Maybe you can package 20 nickels and sell for $10, but is that worth an hour if your to photograph, put on ebay, package and sell? Many will say no. You can sell piecemeal at $2, but will only sell a few.
Pillar of the Community
Canada
2781 Posts
 Posted 10/05/2019  8:43 pm  Show Profile   Bookmark this reply Add Wade to your friends list
not wanting to totally derail the thread, but I also read TerryT's response as a bit condescending, which is why I tried to soften my response in order to get back on a better track.

the internet, and typed text in general, is a danger zone for misinterpretation of someone's chosen words and intentions. with no vocal connotation & emotion it can sometimes be difficult to determine what message is intended (on either side of a conversation).

YES, we get a lot of new people coming here for advise and then arguing about what they are told,
some are either very young, misinformed, and/or just plain trolls.
others may simply misunderstand terminology, grading standards, or just not be used to blunt responses! (patience can be on short supply after answering the same questions 100s of times after all)

either way... the reason I stuck around this community is because we are a helpful bunch and are all "in it together" to make the hobby and CCF a better place to be, let's get back to that hmm?


Edited by Wade
10/05/2019 8:45 pm
Valued Member
Canada
395 Posts
 Posted 10/05/2019  9:12 pm  Show Profile   Bookmark this reply Add Talonbat to your friends list
Definitely just a misunderstanding, grading comes from experiences and especially a person who inherits a collection probably isn't able to identify anything on the sheldon scale. Another problem being alot of new collectors might refer to an MS coin but they are actually trying to differentiate the strike type thinking it identifies a business strike.

It does indeed look like there is nothing of high value in the collection but why not try a local club. I see the Ottawa coin club is probably an option for you, I am not from Ottawa but there are many here who are a part of it. I know I would help someone who came into my local coin club regardless of the value of the collection.
Valued Member
Canada
95 Posts
 Posted 10/05/2019  9:42 pm  Show Profile   Bookmark this reply Add Squirmasaurus to your friends list
Thank you so very much for the encouragement. I totally understand how easy it is to misconstrue conversations because chatting online is so one dimensional. Is it worth me going through the box of newer nickels, to look for a 1990 or 1996 or anything else that has value in MS or proof condition?
Pillar of the Community
Canada
999 Posts
 Posted 10/05/2019  10:41 pm  Show Profile   Bookmark this reply Add Cdncoins to your friends list
Given that you said that all the nickels in the box are 1980's and later, it is probably not worth your time to go through that box and closely examine each one. Given that they are all tossed in together like that, it looks like they are from change or circulated bank rolls, in which case they would only be worth 5 cents each.
Valued Member
Canada
95 Posts
 Posted 10/06/2019  6:27 pm  Show Profile   Bookmark this reply Add Squirmasaurus to your friends list
Thank you so much, Cdncoins. That helps a lot! :)
Pillar of the Community
Canada
823 Posts
 Posted 10/26/2019  4:16 pm  Show Profile   Bookmark this reply Add TerryT to your friends list
Aggressive-no, condescending-no, skeptical-entirely, with a raised eyebrow like Spock. Squirmy asked for help, stating a problem with ADHD. I'm a bit of a scatterbrain myself, so I figured I'd help the guy out, took a long time coming up with a simple method to set a pattern for doing what he asked, then, I see later that there were a bunch of other posts started by Squirmy that had nothing to do with what I had just outlined for him to do, and wondered what the heck was going on - do you want help or not, or is this some, yes, troll as another has said, that is jerking us around again, especially with that question about whether collectors would be interested in books of uncirculated coins of each year back to Victoria. Would anyone say no ? We were talking Geo V nickels, then all of a sudden it's every year, for every denomination from Victoria up, uncirculated ? What?
That's why I was dubious.

Squirmy, have you heard about the tortoise and the hare ? Your the tortoise, you have to do it slowly and methodically. There is no quick way to know about all the coins. My hoard is still a mess after more than 50 years of collecting ; and I didn't get it all in one shot like you.

(Have a look in the error and variety section - wrong back on 2017 quarter, as a possible case of my skepticism that may have been on the mark about a troll.)
Edited by TerryT
10/26/2019 4:40 pm
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Canada
10463 Posts
 Posted 10/26/2019  11:57 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list
I am from Ottawa, and I can at least direct you a few options, and offer advice.

1. Take ANY catalogue or price, such as Coins and Canada, with a grain of salt. For George V 5c, they need to be VF or better, and George VI need to be EF or better to have any value. Elizabeth II coins prior to 1972 have to be BU. After 1982, the rest are face value, some people hoard the pure nickel coins prior to 1982 - but generally in bulk.

2. Go to the RA Centre Coin/Stamp show (once a month). There, dealers like Rod MacDonald may offer you a slight premium above face value for 1942-43 Tombac 5c, George V and maybe George VI.

3. I sell coins like yours, but usually in bulk by the roll (40 coins). $4 for a George VI roll and $10 for a George V roll... they sell very slowly, and they really are not worth much unless they are in EF+ grades.

4. There are dates to look for: 1925, 1926, 1947 dot, 1948, and the near/far Leaf mules of 1953. These are worth more in any grade.

5. Coin shops like Alliance Coin & Banknote in Almonte will sometimes give away used Whitman folders, should you want to put together a few sets for sale - depends on how much they are sitting on.

I hope that helps.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Canada
10463 Posts
 Posted 10/27/2019  12:04 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list
I also edited the thread title - I think that is where the confusion over "MS" was from...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Pillar of the Community
United States
2403 Posts
 Posted 10/27/2019  01:01 am  Show Profile   Bookmark this reply Add MontCollector to your friends list

Quote:
After 1982, the rest are face value


This is true IF you live in Canada and can pick these up in your change. Collectors like me have to either get lucky and find one in change or buy them. This is the reason my set is still missing the 2018 and 2019 coins. I just can't bring myself to buy them.

Pillar of the Community
United States
629 Posts
 Posted 10/31/2019  3:39 pm  Show Profile   Bookmark this reply Add Colhand1 to your friends list
I suggest that you find a local coin club and take your hoard there. Perhaps someone will offer you something for the lot, if no interest, talk to the president of the club and see about donating them to the young numismatics. They don't have much money and it would help them with their interest in the coins.
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