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Posted 03/14/2021 12:45 am
Blondebear, first, 
to the CCF!
As others have mentioned here, having nickels that have "full steps" isn't enough, they need to be mark-free nearly perfect examples. Grading fees, even with a discount can cost $30 or so EACH coin. We tell people here to look on ebay's SOLD listings for a basic guide to coin values. I have looked up nickels in The Red Book, post '56 (as you said your oldest was), and only those in "Mint State" have a book value of $1-$2 each. Mint State is defined as "Gem Uncirculated, No trace of wear, barely noticeable blemishes."
Coin collecting for profit is a very hit-or-miss concept, usually miss. Most of us here seek out coins to collect, and rarely do we hit upon large ticket items. If we had to pay ourselves for our labour, we would hourly be in negative numbers.
What I personally do if I had access to your hoard of nickels? I would direct my attention towards errors. Here are a few good sites for you to acquaint yourself with:
http://varietyvista.com/04b%20JN%20...02/index.htm
https://ctferrorcoins.com/Error-Nic...px?sid=12254
http://www.error-ref.com/error_and_..._check_list/
I am not a nickel collector, I wish I could help you more. I would use these reference guides then, if you aren't personally interested in coin collecting, gather what you think are your best examples and find a local coin shop that you could trust, and see what you can do with them. Selling them online isn't a good idea if you didn't know the inventory well, and then there is mailing and fees and the like. Selling them to a coin shop might be your best option, just know most of what you have is not (most likely) high ticket items, and realise too, coin shops need to make money as well. Selling at every point takes away slightly more of any profit, just so you know. Bonne chance!
to the CCF!As others have mentioned here, having nickels that have "full steps" isn't enough, they need to be mark-free nearly perfect examples. Grading fees, even with a discount can cost $30 or so EACH coin. We tell people here to look on ebay's SOLD listings for a basic guide to coin values. I have looked up nickels in The Red Book, post '56 (as you said your oldest was), and only those in "Mint State" have a book value of $1-$2 each. Mint State is defined as "Gem Uncirculated, No trace of wear, barely noticeable blemishes."
Coin collecting for profit is a very hit-or-miss concept, usually miss. Most of us here seek out coins to collect, and rarely do we hit upon large ticket items. If we had to pay ourselves for our labour, we would hourly be in negative numbers.
What I personally do if I had access to your hoard of nickels? I would direct my attention towards errors. Here are a few good sites for you to acquaint yourself with:
http://varietyvista.com/04b%20JN%20...02/index.htm
https://ctferrorcoins.com/Error-Nic...px?sid=12254
http://www.error-ref.com/error_and_..._check_list/
I am not a nickel collector, I wish I could help you more. I would use these reference guides then, if you aren't personally interested in coin collecting, gather what you think are your best examples and find a local coin shop that you could trust, and see what you can do with them. Selling them online isn't a good idea if you didn't know the inventory well, and then there is mailing and fees and the like. Selling them to a coin shop might be your best option, just know most of what you have is not (most likely) high ticket items, and realise too, coin shops need to make money as well. Selling at every point takes away slightly more of any profit, just so you know. Bonne chance!
Edited by merclover
03/14/2021 12:48 am
03/14/2021 12:48 am
