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Replies: 20 / Views: 4,100 |
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Valued Member
United States
300 Posts |
Good find, I haven't seen any '09 dimes or nickels
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Valued Member
United States
287 Posts |
Does anyone think that they will be worth a lot of cash in 20 years?
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New Member
United States
13 Posts |
Hey There, First post, but thought I could add to the conversation. I just bought a bank box of 2009 D dimes for $375. I am hopeful that the value of them will go up in the years to come based on the low relative mintage in 2009. You might be thinking that I got ripped off, and maybe I did, but my exposure to this investment is only $125. I have hardly the credentials to say with any authority that it is a good investment, but the next few years or decades will let me know. What do you guys think? Laimbeer4452
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Pillar of the Community
555 Posts |
Forget buying boxes of '09. 2010 is almost half over and less than 2 million nickels have been produced? These are the ones to scoop up.
Edited by Neil 05/22/2010 12:59 pm
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New Member
United States
13 Posts |
Where should one look for 2010 nickels?
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Bedrock of the Community
United States
10284 Posts |
Quote: Where should one look for 2010 nickels? Hi and welcome to the forum. I don't think any have been even struck yet and some of us are wondering if they are even going to mint any for circulation at all. I just found this for April 2010 http://mintnewsblog.blogspot.com/20...il-2010.html2010 Jefferson nickel - Denver 0 0 Million 2010 Jefferson nickel - Phil. 1.68 Million I would not be surprised if these are going into mint sets and that the matte or satin finish era in mint sets is over.
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New Member
United States
13 Posts |
Thanks, Wheezydog, and I appreciate the welcome. Great info, learning everyday as I am new to the numismatic side of things. Mostly an investor/collector of silver bullion (bars, ASE's, maples, etc.) but trying to diversify. Laimbeer4452
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New Member
United States
13 Posts |
As a f/u, if they go straight towards the mint sets, then these should be very hot upon release given the fact that there will be no circulating nickels for 2010. Folks would be snatching up this set for the Jefferson nickel almost exclusively. Is my logic correct?
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Bedrock of the Community
United States
10284 Posts |
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Bedrock of the Community
United States
10284 Posts |
laimbeer4452 said Quote:Folks would be snatching up this set for the Jefferson nickel almost exclusively. Is my logic correct? I would think so, probably be something like the 1970 D half dollar scenario. Unless they continue with the matte finish coinage. Maybe somebody has already ordered and received the Dollars and Quarters unc sets that have been already released. If these are the satin or matte finish unc coins then I would suspect that all unc mint set coins will be the same. For me, this has been a headache because I just have to have every nickel. I have to collect a proof, a matte P & D and a regular 2009 and that regular 2009 D nickel is still a hole in my set.
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New Member
United States
13 Posts |
According to US mint website:
"The Coin Production figures represent all of the "circulating" coins produced by the United States Mint, including the coins sold through the numismatic bags & rolls program. These numbers do not include the "proof" or "uncirculated" quality (i.e. UNC sets) coins produced by the Mint."
So The 1.68 million 2010 nickels minted should be for circulation and will probably be out by this time next year.
My mother just got a 2009 P dime in change in Maryland and is holding it for me. I haven't seen one yet in North Carolina.
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Pillar of the Community
555 Posts |
Quote: So The 1.68 million 2010 nickels minted should be for circulation and will probably be out by this time next year.
I don't think you will see these for a long time. Last year at this time many hundreds of 2009 nickel rolls had been sold on ebay. If memory serves me correctly they had already minted over 80,000,000 nickels by this time last year. This year they have minted 113,000,000 dimes and only 1,700,000 nickels. You may be looking at something extremely hard to get, at anytime.
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New Member
United States
13 Posts |
It was mid May last year, when the first 2009 nickel sold on ebay for $102.50. That was when I started roll searching. I have now searched 109,000 nickels and still have not found a 2009. I believe most of them are still sitting in the federal reserve banks. There seems to be just a trickle of them being released. I believe that the mint will continue making nickels for 2010, but they won't be released until the 2009's are gone.
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Pillar of the Community
555 Posts |
Quote:It was mid May last year, when the first 2009 nickel sold on ebay for $102.50. That's right. Manny a US Army guy from Puerto Rico sold the first one. He was stationed in Germany, and his dad in PR shipped the coins to him from PR. His mistake was being interviewed by Coin World and disclosing where the nickels came from. With that lead I acquired over 1,000 rolls at face. Others followed suit. I firmly believe if he didn't tell the location, that he would've had a monopoly for 4-5 months.
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Valued Member
United States
57 Posts |
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