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 Replies: 20 / Views: 3,370 |
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Valued Member
 United States
60 Posts |
I still save all my bicentennials. Part of my affection for 1976 is that it is the year I graduated HS. I worked in the coin counting room at a 6 flags park back in 2000 and hoarded bicens like they were going out of style. I finally got about $150 worth before I cashed some in (I needed money.) I probably now have about 70.00 worth but of course as I search rolls, I grab every bicen I see.
I just started saving pre-82 pennies since I joined this board. I probably have $50 worth. Am I supposed to sell these to be melted or something? I keep hearing people discuss their melt value.
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Pillar of the Community
United States
1213 Posts |
I save the wheats and any silver, and yes, I have a hoarding problem. But I don't want to be cured.  |
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Pillar of the Community
United States
4778 Posts |
Other than the usual stuff like old coins, errors+varieties, proofs, etc., I pick up every 2005 Buffalo nickel I find. To me they're like a modern version of the old Buffalo nickel (except the Indian obverse though, obviously). Also keep every 2009 and 2010 cent I find as well (trying to stop with the 2010s  ). Oh yea, and BU coppers I come across as well. I likes the BU coppers...  |
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Bedrock of the Community
United States
20753 Posts |
I simply ignore the word hoarding. Then there is no problem. If you admit there is such a word, then there is that problem.
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Moderator
 United States
189340 Posts |
My nickels and copper cents are starting to cross into the hoard category. I keep every one of them that I find. I am not keeping them for profit. My goals are to save them from being melted and have for my son to search through some day.  |
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Pillar of the Community
United States
609 Posts |
The only thing I "hoard" is copper cents. I did save a lot of keelboat and such nickels, but ended up spending them with the intention to get some ms65+ ones.
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Pillar of the Community
United States
1348 Posts |
Quote:
I still save every Bicentennial Quarter I come across. You must have a lot! |
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Bedrock of the Community
United States
11951 Posts |
I see a lot of collections, I help out at a local coin shop and I buy collections from private collectors. I think it is sad that people will accumulate a lot of circulated coins that end up having no value. Coins such as clad Kennedy's, Bicentennial coins, SBA's and circulated State Quarters are all kept by people because they are different or have some connection in their life. Sometimes there are hundreds of dollars of coins, that are only worth face value. In my opinion I think the money should be put in the bank or into better coins. If I liked westward journey nickels then buy some BU rolls, I find these can be bought at a little over face value, if you watch for them. I happen to like State Quarters but all of mine are from BU rolls or mint and proof sets. I will break the rolls and only keep the best grade ones. And I either put them in albums or 2X2's and into boxes. |
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Valued Member
United States
56 Posts |
I ran into the Westward Journey hoarding situation the minute I started searching nickel rolls. Initially I thought that they were the bees knees but after about 30 bucks of them and the slow realization that they probably won't be worth much until I've left this planet--I started to question my initial decision until I finally just bought some uncirculated/proof sets of them and called it a day. I pulled the nicest from that 30 bucks and they got the placed into the much coveted "circulation nickel dansco".
Other than that I have a bizarre affection for anything that comes out of 1967 but fortunately I don't hit that mark as often.
And as far as anything else goes, I can see having multiples of a coin for show, investment, etc. but I have to draw a pretty firm line on things like that or I can "invest" my way into a room full of nickels.
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Pillar of the Community
United States
2734 Posts |
I have a bank box of BU 2005-D Bison Nickels. Nickel hoarding isn't like hoarding Clad JFK's or State/Bicentennial Quarters, because Nickels' melt value exceeds their face value. And there is the strong possibility of the five-Cent coin being debased to a plated steel version in the future. Once that happens, the current cupro-nickel coins may vanish from circulation. Early (1938-70) Nickels that are found in pocket change now might actually rise past melt value once they're gone from circulation. Remember, Barber coins could still be found for face value in the the 1950's, before Silver coins disappeared from general circulation. Nickel hoarding is a great alternative to hoarding Copper Cents, because you don't need to sort. Go to the bank, buy a box of Nickels, you're done. |
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Valued Member
United States
417 Posts |
We save silver, wheatie's, bicentenial quarters, family birthday years, and buffalo's nickels even new ones (think they are cool) and a couple of others. Guess you could hoard worse and be on the tv show
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Valued Member
Finland
294 Posts |
In my collection I have a principle: only one example per type. At the moment I have 1700+ coins in my albums and everyone is different by type (not by date). I leave all the low value commems in circulation and put the saved amount in new coin types . All the duplicate world coins I just sell away (or use on trips) in internet auctions. Easy money and free space at home! Edited by Eurocoin
06/27/2011 06:59 am
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Valued Member
United States
60 Posts |
State Quarters: Assuming you do not have unc rolls, how many of each are you saving?
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Valued Member
United States
115 Posts |
I can't say I hoard. If I ran into some silver I would definitely put that aside, but everything else is questionable. I keep at least one dupe of each State Quarter in hope that someday someone else will need one and I will be able to trade. Reality is I doubt there will ever be any numismatic value. But thinking about it I do hang onto all Kennedy dollars and I haven't figured out why |
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Pillar of the Community
United States
1406 Posts |
I have a one roll limit for most dates for each denomination of circulation quality coins. Some dates I will have additional space to separate mints as well. When I roll search I will organise into dates and mints, search for varieties, and then I will pick the best coins I can from my roll finds and update my roll sets with the highest quality coins. I have one box of 100 tubes for pennies, two boxes of 100 tubes for nickels, and one box of fifty tubes for dimes. I also keep one box of fifty ROLLS of pennies, nickels, and quarters just to organise my pocket change when I get home. That way when a roll gets close to the top of the box I can just pull it out and pull the same year tube and search, compare, and resort. Whatever doesn't make the grade gets put back into circulation. Well, that's not true...copper pennies go into a large jug and pre-1960 nickels go into another jug Of course there are my BU roll collections too... Hmmm, I guess I am a hoarder. |
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Posted 06/21/2011 9:24 pm
