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 Replies: 19 / Views: 10,391 |
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Valued Member
 United States
119 Posts |
@ian - That's a great idea actually, as jbuck said "let the bank store them for you"
@slash - I like that idea too. It gives more of a purpose to buying and searching through nickels rather than just letting them sit in the rolls.
I normally just roll by decade, or by metal composition, or by design, whichever works best at the time.
AC
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New Member
United States
5 Posts |
I save all the 64's and the 70-S'...I'm gonna be rich!
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Valued Member
India
265 Posts |
try to collect as many nickels as possible from your pocket change or from bank rolls. collect by all years and mint marks. Today's change could become tomorrow's rare coins. It is based on the availability of the coins in the open market for sale, which will determine its value. The lesser availability the more the value. So keep collecting as many as possible.
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Pillar of the Community
United States
2541 Posts |
I'm keeping everything prior to 1955. I may start to get more selective since I already have more than a full roll of 1941. There are some dates that obviously come along far more often (Those pesky 1950-D's just won't go away!!)
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Pillar of the Community
United States
2602 Posts |
For the nickels dimes and quarters, I think they made far too many of them from 64-present (for the most part) for any of them to have any value for the circulated ones. Uncirculated, yes I can see those climbing in value, but circulated, no. Should circulated ones climb slightly, it will not outpace inflation, in my opinion.
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Moderator
 United States
189502 Posts |
Quote:
@ian - That's a great idea actually, as jbuck said "let the bank store them for you" My additional advice is keep your ear to the ground. If you find out that the area banks have plans to ship all of their nickels back to the Fed, go out and get as many as you can!  |
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Bedrock of the Community
United States
20753 Posts |
Every time I look up the values of Jefferson nickels I say to myself, SELF, I'd make more profit collecting Beanie Babies. And for those dated after 1964, really not worth the space they take up. Even in MS60 or 62 grades just not worth keepkng. Possibly for the content in metal but to have a ton of them and think about how you could have had a new car instead? |
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Pillar of the Community
United States
1406 Posts |
I do the same thing with all my circulation pennies, nickels, and dimes. I search and separate into years. Then, I search for varieties and errors. Then I separate only the best condition coins to save. Post '60 Nickels, '64 dimes, and '82 pennies have a one roll space limit per year. Only the best condition coins make the cut.
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New Member
United States
29 Posts |
Kinda bulky to hoard nickels. Although I do have quite a few rolls. I always search through my pennies and keep the coppers.
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Moderator
United States
189502 Posts |
Quote:
Possibly for the content in metal but to have a ton of them and think about how you could have had a new car instead? Well, I have a ton of them and a new car! Okaay, maybe not a ton. And the car is a year old now.  |
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Valued Member
United States
119 Posts |
Thanks guys these are exactly the ideas I was looking for. Quote:
I do the same thing with all my circulation pennies, nickels, and dimes. I search and separate into years. Then, I search for varieties and errors. Then I separate only the best condition coins to save. Post '60 Nickels, '64 dimes, and '82 pennies have a one roll space limit per year. Only the best condition coins make the cut. I think I may do something along these lines except I may extend my Nickels to include up to 1963 and cut off at 1964 since there were a lot made that year. Then I'll turn in the rest of my nickels and buy a new car :) Well, probably a new, used car that needs a transmission replaced or something haha AC |
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Moderator
United States
15489 Posts |
I admit to all my bad habit of hoarding pre-1960 nickels! At last count (through 210,000 coins searched) ..... I have 2,703 pre-1960 nickels stored away in various Crown Royal Whiskey sacks. Whiskey sacks provided by others of course.  You can read my 210,000 coin summary here: https://goccf.com/t/72451One example of each date/mm is housed in my humble Whitman 9009 folder .... and all the rest are managed .... well .... poorly. No rolls by date ... no organization .... no system .... just a huge glob of circulated nickels in purple whiskey sacks. It gives me great joy to search for and find them ....... but .... someday soon ..... my desk will fall over from the weight of all these nickels! OK .... so .... I admit .... I am a nickel hoarder. To your question .... and BTW  .... There is no monetary pay-off with circulated Jefferson nickels ..... we do this for the passion of the pursuit and enjoyment of the hobby. Best David Take a look at my other hobby ... http://www.jk-dk.art |
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Valued Member
United States
182 Posts |
It is possible to be nickel and penny poor. You can accumulate 10,000 dollars worth of nickels no problem. Capitalizing on them without melting them is problematic though. They passed that law, and since then, folks with HUGE sums of money have been storing them waiting for the law to change. And it will, because big money who have lots of these are also monied enough to pay lobbyists to "fix things". I say store many too. Mind you though, laws are made by the lesser of men, who are the majority, and praises and censures are given with an eye to their own interests, and to protect them from greater men who might get the better of them, in order that they do not get the better of them. So somehow, the rich are going to make out better, always. Until our wealth exceeds theirs. Then once we can cash our nickels in it will no longer matter.
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New Member
United States
33 Posts |
Think though how easy it is to spend a dollar bill or withdraw something from your bank account, having nickels or pennies is a way to keep you from tempting yourself from spending money. That's why I keep them.
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Pillar of the Community
United States
2295 Posts |
I do some nickel roll searching, but not as much as I used to, a few years ago. I do save any pre 1960 nickels and any S mintmark ones. I probably have over 50 rolls saved, by now. I store them in plastic roll holders for nickels and keep each roll by decade and mintmark.
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Replies: 19 / Views: 10,391 |
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Posted 10/06/2010 11:34 pm
