2005 Bison Mint Rolls

Welcome,

The Mint has a very short learning curve. According to the numismatic papers 2/3 of all 2005 Buffalo nickels are sold at the mint. That is an amazing number considering the billions produced. So figure the number at 1,000,000,000. 660,000,000 are mint wrapped. They are selling faster than commerce can use them, so many are guessing that the only rise in value will be this year. Way too many being hoarded for this to see any real increase.

Now I personally believe that the true "gem" coins will see incredible prices for quite some time. These coins have a very tiny device in relation to the fields of the coin. Couple that with the hard nickel used, and you will not see the major services cranking out 69 and 70 grades.

Well I agree and disagree on things already said! Yes, there will be billions of coins made but...? How many Peace Medal nickels and Keel Boat nickels did you receive in change last year? Now this nickel is one up on the other 3 in the series as it is a Buffalo nickel and yes they will be hoarded down to the very last nickel. What will have to happen to get you guys/gals to put some back on the market after you have stashed your rolls away? The PM nickels are currently in the $14 to $17 range by the roll? Why?
Now don't get me wrong as I know none of us is EVER going to get rich off of these nickels but I do see tremendous potential both short term and long term. Let me ask you this (I am sure ND will concur) just what would an uncirculated roll of 1913 Buffalo nickels be worth today? How about something in the teens with a D or S mint mark. Guess I am saying there is potential if you and your family can be patient and wait it out. Like Catman said in an earlier post it is very important that you make up your mind what you would like to make off of a coin and when prices get to that point you MUST sell! Don't play a guessing game with the market and decide to wait another few weeks as sooner or later most common date coins will level off or drop!
Personally quite a few Buffalo nickels have already gone through my hands and I still need more to satisfy the huge demand with just my friends, family and co-workers. Seems the more I locate the more I need. I am a Buffalo nickel fanatic so I tend to lean to a positive side of things but when I see demand that far exceeds supply I think this little nickel will be something to hold. Thats the beauty of this hobby. We all get to think, and right or wrong, time will either pat you on the back or stomp you into the ground and every thing in between is the thrill of the hunt and the opportunity to say "I have some of those"!
Last but not least, "Who would have thought that s set Sacagawea dollars would do what they are doing?"

Only the "P" minted Peace nickels carry the high premium today.

I can tell you that the 1000 bison nickel bags will almost certainly go through the roof as long as they are sealed and in their orignal boxes. How do I know? Because I bought 2 bags (One P, One D) and I immediately opened mine.

I'm wondering what will happen to the Mint Issued 2 Roll sets once they sell out, which I imagine will be soon. Will they see an increase like the PM Sets or will they be more like the Kellboats and see only a minor jump. Just looking for speculation.

quote:

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Originally posted by Metalman

Terry

Im not sure where you are? but here in New mexico, I get peace and Keelboat nickels in change everyday, and have for quite a few months now, granted they are all D mints but really common here none the less.

If a philly or two doesn't turn up pretty soon I may have to buy some,,

to tell you the truth I dont expect to see many buffs for awhile in circulation, but I do believe that once searched for gems the market will be flooded with lower grade good for circulation only coins and the price will drop dramatically and sharply ,,I do however believe ND to be correct that high mint state examples will be scarce and will demand a premium that will out pace the PM nickel in no time .

Rick

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Maybe Santa will come a little early this year

Well I see on ebay that a PCGS graded MS65 P & D 2005 Bison Nickel have bids over $30 each. I think if you were ever to obtain grades of MS66 or higher for the 2005 Nickel business strikes, count yourself lucky.

I love the obverse of this nickel, but this obverse will be difficult to obtain high grades. If you get one, SAVE it. It also seems that alot of people are disappointed with the strikes. There seems to be a similarity of these strikes to when IKE's first appeared in 1971. A lot of people saved these 1971 strikes, but 1971-P IKE's in MS65 or better condition are rare. A PCGS 1971-P MS65 IKE costs over $200 because the strikes were poor and high MS grades simply did not appear as most people would expect for a brand new coin.

I doubt very much in our lifetime that 2005 Bison nickels will carry any serious value. There are just too many minted and too many will end up in sock drawers and collector bins...singles, 2x2's, flips, and countless rolls.

Here's another example...in 1955 it was announced that San Francisco was not minting anymore coinage. Specificlly, "only" 44.6 million 1955-S Lincolns were minted as the San Francisco didn't mint anything until 1968. So what happened?... collectors everywhere hoarded rolls and rolls of 1955-S Lincoln Cents and even though "only" 44.6 million were produced, it is one of the easiest Lincolns to find in MS66 condition. Why? Everybody wanted to have the last of San Francisco struck coins and people saved rolls and rolls of them.

Maybe it is too early, but the same may happen to the Bison Nickel. High MS grades may be a rarity. Who knows how they will look in Mint Sets as maybe the fileds and all will look great and warrant a MS66, 67 or 68 grade. Time will tell.