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A Box Of Nickels

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SpringCypress's Avatar
United States
666 Posts
 Posted 06/05/2008  7:25 pm Show Profile   Bookmark this topic Add SpringCypress to your friends list Get a Link to this Message Number of Subscribers
I had some free time today...

Stopped by Hobby Lobby and bought 3 Harris Folders
1938-1961, 1962-1995, 1996-XXXX
Then I stopped off at my bank and bought a box of nickels

Fast Forward 3 hours...

The 1938-1961 ended up with 17 coins in it. Grades are all over the place. The 58D is an VF which suprised me for a coin thats been in circulation for 50 years.

The 1962-1995 is complete except for the 1971P. Mostly AU from 1980 on. VF-XF before that with a few VGs.

The 1996-XXXX folder is complete except for the 2008P. Lots of BU, a few AU

Found 3 silver nickels (1 44S and 2 43S) and found 4 Canadian nickels (1982, 1992, 2005, 2006)

Took some quick pics
A-Box-Of-Nickels A-Box-Of-Nickels A-Box-Of-Nickels

A-Box-Of-Nickels A-Box-Of-Nickels A-Box-Of-Nickels

A-Box-Of-Nickels A-Box-Of-Nickels

A-Box-Of-Nickels
Edited by SpringCypress
06/05/2008 7:27 pm
Valued Member
Pennypusher's Avatar
United States
486 Posts
 Posted 06/05/2008  7:45 pm  Show Profile   Bookmark this reply Add Pennypusher to your friends list Get a Link to this Reply
Nice finds!
I might get my first box of nickels in the near future but I have a couple questions:
-Do coin dealers buy common date early jeffersons for more than face value?
-Do you find many nickels before 1965 in one box?
Thanks, PP
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SpringCypress's Avatar
United States
666 Posts
 Posted 06/05/2008  8:29 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
There were tons and tons of 1964D's... but before that it was sparser than I thought it would be. Out of the 50 rolls I went through I found fewer than 30 nickels dated prior to 1964.

BUT I just did some reorganizing and HOLY COW...

2 or 3 months ago I bought 4 partial albums of Jeffersons from a local dealer for $3 each. I hadn't paid much attention to any of them but thought this would be a good time to go through and see what was in them.

Three of the albums were exactly what I thought they were. I was able to go through them and pull out several that I hadn't found today and place them in my new folders. Which was exciting for me. BUT THEN...

I opened up the 4th album and started looking at it. It's an old Library of Coins album dated 1938-XXXX with the last date in the album being 1960. I started noticing that there were several coins in incorrect holes, so I started poking them out. As I was poking them out I started to notice a trend. They were all either silver or dated prior to 1942. In total I knocked out 15, of those 4 were silver and the rest were mostly 42D's.

This album wasn't complete to begin with so now it was starting to look really holey. But as I was cleaning up the album I noticed that there were several UNC coins. I started to get REALLY excited...

Here are the ones that were in the album which I think will grade 63 or better
38P, 38S, 45P, 46S, 47D, 47S, 48S, 50P, 51S, 52S, 53S, 56P, 57P, 58P, 60P

I haven't ever put together a set of UNC Jeffersons, but after finding these I have a fairly strong suspicion that I know what set I'm going to start working on next!
Edited by SpringCypress
06/05/2008 8:30 pm
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insideout's Avatar
United States
591 Posts
 Posted 06/05/2008  8:34 pm  Show Profile   Bookmark this reply Add insideout to your friends list Get a Link to this Reply
Lol I'm glad to see I'm not the only one that is amazed how fast a set goes together from circulation on nickels. IMO jeffies are the easiest of any US coins for circulation.
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/05/2008  8:51 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
Do coin dealers buy common date early jeffersons for more than face value?

Nope, not unless they are the common early date Jeffersons that contain silver
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shatsi's Avatar
United States
1541 Posts
 Posted 06/05/2008  9:31 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
How many nickels are in the box? Do you have to pre order them from the bank?
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SpringCypress's Avatar
United States
666 Posts
 Posted 06/05/2008  9:37 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
1 box = 50 rolls
1 roll = 40 nickels
1 box = 2000 nickels

I didn't have to preorder... Just went up to the cashier and asked for a box.
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insideout's Avatar
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591 Posts
 Posted 06/05/2008  9:46 pm  Show Profile   Bookmark this reply Add insideout to your friends list Get a Link to this Reply
most banks don't seem to mind unless your plan on doing it on a regular basis
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SpringCypress's Avatar
United States
666 Posts
 Posted 06/05/2008  10:58 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
I'm not sure if I should start a new thread for this... probably will anyway...

Here's some pics of the MS (I think) nickels I mentioned finding

Obverse
Reverse
Edited by SpringCypress
06/05/2008 10:59 pm
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cheungsta's Avatar
United States
271 Posts
 Posted 06/06/2008  12:21 am  Show Profile   Bookmark this reply Add cheungsta to your friends list Get a Link to this Reply
Wow! You came up big on those early Jeffs! I just started my first set of jeffs from circ two days ago, and yeah, after going through only one box, it doesn't seem too hard to put a set together...although I did only get one silver (and a 38D...)

Time for box #2!
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TreasHunt's Avatar
United States
2540 Posts
 Posted 06/06/2008  07:06 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
springcypress

Good deal!
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amac44's Avatar
United States
3242 Posts
 Posted 06/06/2008  09:51 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
Good luck!
Were I live most of the box's have my mark on the box so I have picked the box's clean here.
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eaglefoot's Avatar
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6326 Posts
 Posted 06/06/2008  10:05 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Went out....bought some folders......grabbed some nickels......plugged a bunch of holes......short work !.....nice job putting that together so fast.....now we'll see how long before it's "completed" though !....
Edited by eaglefoot
06/06/2008 10:06 am
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shatsi's Avatar
United States
1541 Posts
 Posted 06/06/2008  10:26 am  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
I was going to order some Harris folders and few coin tubes but s/h charges discouraged me. Bent Krugger charges about $8 from NJ to NY and even JPs Coner charges about $7. I don't know of any local dealers around. Are you ordering your supplies online or buying from local dealers?
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SpringCypress's Avatar
United States
666 Posts
 Posted 06/06/2008  4:14 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
I don't know if this counts as cheating, but I went to a dealer today.

He had a book of Jefferson's for sale for $3.00. It had the 1950P in it along with 63 other nickels. So for $3 I bought $3.20 worth of nickels in an album...

I then tore through his nickel box and was able to find the 38DS and 39S for $.25 each, the 39D for $.35, and the 71P for $.15. He didn't have and 50D's in the bargain box though so I picked up a VF one for $8.

Doing the math...
$100 box of nickels bought
-$94 nickels returned
-------
$6 pulled from circulation
+$15 spent on 5 partial albums
-$10 of nickels still in partials
------
$5 from cherrypicking partial albums
$9.25 spent on 6 coins from dealer inventory
$9.75 for the 3 folders
------
Total = $31

So in the course of less than 24 hours I put a complete circulated set of Jefferson's together for $31. That's not too shabby I think.
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jbuck's Avatar
United States
187582 Posts
 Posted 06/06/2008  4:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I don't know if this counts as cheating, but I went to a dealer today.
Only if you think so. They are your coins, so in the end, only your opinion matters!

Quote:
So in the course of less than 24 hours I put a complete circulated set of Jefferson's together for $31. That's not too shabby I think
A fine accomplishment, IMHO!
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