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Pre 1959 Nickles, Why Save?

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 Posted 09/21/2010  3:24 pm  Show Profile   Bookmark this reply Add cntryislandboy to your friends list
ianmprice- why keep 69 and earlier
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 Posted 09/21/2010  3:26 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I have been keeping all of my nickels.

I tell myself that they are for my son to search through some day, but I feel that the increasing melt value has something to do with it.

Not that I would ever melt them. I keep them to prevent them from being melted.
Rest in Peace
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3039 Posts
 Posted 09/21/2010  3:36 pm  Show Profile   Bookmark this reply Add numismo to your friends list
I was keeping all the pre 60 nickels too. I decided to put 2 rolls of mixed 50s in my coin club auction. I started them at face $4 and that's all they brought. After this happened a second time I cashed out my remaining 10 rolls at the bank. Even with assorted values in the guides, they are too common in bank rolls to ever be worth much more than face. Of course there are a few good dates & mms I keep. I still save all the pre 50s.
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 Posted 09/22/2010  12:36 pm  Show Profile   Bookmark this reply Add mycrob to your friends list
I used to have over 3000 pre-1960 about 10 eyars ago, thinking they'd be worth something. I finally sold them for 8 cents a piece and I had to put a 50-D key in the lot to make it worthwhile for the buyer. I think some of the dates are just too common to really be worth all that much, like 40, 41 and 59D.
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 Posted 09/22/2010  12:48 pm  Show Profile   Bookmark this reply Add jnesbitt82 to your friends list
IMO, I think they are just like the wheat pennies. I remember just 10 years ago people were saying that wheat pennies would't be worth anything because there were so many. Now, they bring more of a premium than they did then. Same with the nickels. In time, they will be worth more of a premium than they are today.
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 Posted 09/22/2010  1:05 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list

Quote:
ianmprice- why keep 69 and earlier


meh, Why not. No real compelling reason, just feels like if everyone keeps 59 and earlier, when will they keep 69 and earlier, 2020? so why not start now.

only $.05 a piece. Even though 70% of my 60's are '64s : /
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 Posted 09/22/2010  6:57 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list
I am with the prince on this one. I keep the 69's and older also. I just can not figure why I find so many 64's.
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 Posted 09/22/2010  7:16 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list
High grade 64's are actually worth a pretty penny. 64d's in ms 67 go for like 800 bucks a pop, and ms66's are worth like 40 bucks a piece
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 Posted 09/22/2010  7:58 pm  Show Profile   Bookmark this reply Add just carl to your friends list
I never consider not keeping certain dates of any coins. I try to fill Albums so if those Nickels have a slot in an Album, I save them. I know there are people that hoard certain Nickels or Dimes or something, but I just collect coins for sets. A few exceptions like the 1943 Lincoln Cent but those are weird.
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 Posted 09/23/2010  11:23 am  Show Profile   Bookmark this reply Add Adam5 to your friends list
I save '59 and earlier. Most of them are just worth a nickel though. Sometimes when I'm going through rolls of nickels I mistake a 3 for a 5 on the 1938 and 1939 nickels.

I also save all the wheat pennies that I find. Most of them are very common dates too. I never really thought why I save those. I guess just because they're old and they're cool.
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 Posted 09/23/2010  11:31 am  Show Profile   Bookmark this reply Add just carl to your friends list
Of coures there is one really important thing to consider. With the prices and availability of Copper to make Brass for ammunition, Nickel is more and more being used for those cassings. Therefore saving Nickels now will insure that if the quantity of gun owners continues to increase, the amount of ammo too will have to increase making the necessity for Nickel casings more in demand.
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364 Posts
 Posted 09/23/2010  12:26 pm  Show Profile   Bookmark this reply Add TenSense to your friends list
I keep em' because I'm combing through looking for War Nickels anyway. I recently sold 147 pre-64 nickels on ebay, with a few '39's and a '38 included, and the total price was $20 including shipping. Not bad for something I was collecting while looking for my real targets anyway.
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 Posted 09/26/2010  11:52 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list
I only keep 1955 and earlier. The 55 to 59 are to common in my opinion. That being said, some of the pre-55 are also common, but I think 1941 nickels are still pretty cool even if they are common.

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 Posted 09/26/2010  5:24 pm  Show Profile   Bookmark this reply Add 3stooges to your friends list
In this stinko economy, older Jeffersons pulled from circulation are a very affordable way to collect coins.
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 Posted 09/26/2010  5:50 pm  Show Profile   Bookmark this reply Add TNG to your friends list
I started out just saving pre 1964 nickels. I drew the line there on account of the billions of 1964 nickels that were minted. I collected them because they were only setting me back 5 cents a pc. that I did not spend. Then I decided, I should try to make a set, once I had most of the dates and mint marks.
I started to realize just how often certain dates popped up and just how difficult it was to find some of the others.
You can get good enough looking at the reverse of these things to almost pin the date on it without looking after awhile. I used to be pretty good at that.
Now I started to look at all the nickels for the best example I could find for each date ever minted. I remember just how hard it was to find a clean nick free 1971 Jefferson.
I started to realize that some dates rarely had any steps on the reverse too.
I find the series a real study in coin collecting, I learned all the basics from looking at them, then I learned what makes one coin better than the next.
I collect all the dates now if they are exceptional examples. Just try to find a pretty full step well struck nickel from 1980 to 1985 in the rolls you search. They are far more valuable than a circulated XF 1941 1946 or 1947 nickel.
I have to wonder, you guys doing the box searches, just how many great nickels you are throwing back.
I get really excited when an AU 1960's anything comes to me making change. I just have to save it.
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