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 Replies: 29 / Views: 5,433 |
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Press Manager
 United States
1420 Posts |
PCGS - It's hard to remember a time when the Jefferson nickel series has not been considered a "sleeper." Maybe there was a little exuberance around this generations-old motif when the Westward Journey Nickels of 2004 and 2005 were released, causing a flurry of collector excitement amid the fervor over the then-ongoing 50 State Quarters program. But, otherwise, it seems the number of people who consider themselves diehard enthusiasts of the nickel series that launched in 1938 is relatively small as compared to the legions of numismatists who dedicate lifetimes to collecting Lincoln Cents, Morgan dollars, or Saint-Gaudens Double Eagles.  Jefferson Nickel, 1938 5C, PCGS MS67+.But the Jefferson nickel series has many things going for it, and that's what we're going to look at here in brief. What are five good reasons to begin a collection of Jefferson nickels? Let's consider the following: #1 - Jefferson Nickels Are AffordableCollectors who are intimidated by high-priced rarities need not quiver in financial fear over the prospect of collecting Jefferson nickels! The series has its expensive coins - consider varieties like the 1939 Doubled MONTICELLO, 1954-S Over D circulation strike, and 1971 No-S Proof. But you need not withhold contributions to your kid's 529 college savings plan to build a respectable set of Jefferson nickels. Many examples of even the scarce dates can be had in Gem Uncirculated grades for less than $50. Read the Entire Article Check out Jefferson Nickels on ebay.
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Moderator
United States
187702 Posts |
The list checks out.  |
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Pillar of the Community
United States
600 Posts |
I agree that (1) nickels are affordable, (2) they are obtainable, (3) there's silver in War Nickels, and (4) full steps are a challenging angle. Not sure I agree that (5) ripe are the pickings because fewer people build high-end Jefferson nickel sets. I think there are tons of collectors with Jefferson nickels sets. I don't think it is about demand in this case, it is about supply. There are simply a lot of these nickels out there. |
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Pillar of the Community
United States
634 Posts |
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Pillar of the Community
 United States
5177 Posts |
Assembling a Jefferson Proof Set would have great eye appeal and not be too costly.
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Pillar of the Community
United States
5822 Posts |
It was more affordable just 2-3 years ago, when I pick up a complete set in Dansco album for a little over $100, and most are in MS conditions. Now?
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Moderator
United States
15392 Posts |
I managed to complete the entire series (less the varieties) from bank rolls at face value. That years long quest is well documented in the CRH forum.
Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
United States
2270 Posts |
The best reason to collect these is that the moderns (1965 to date) are very scarce in Gem condition and can be found for little or no premium because most collectors don't "fool" with dates after 1964. Indeed, many of the later dates are actually scarcer than the early dates even in chBU because they are so badly made and often weren't even saved.
There is no premium for 4 1/2 steps and lots of Jeffersons are tough with even one step.
There are lots of opportunities because these coins are so lightly collected and everything made after 1964 is underreported as to value just like all moderns. These coins could disappear very rapidly if they got any attention and if you've been following the mint set and BU roll markets it certainly looks like they are beginning to get attention. Try to find a nice attractive BU roll of '68-D's or '71-P's. You'll be surprised. Try to find a nice gemmy roll of '51-S. The coins aren't out there but nobody notices.
Ikes are wholesaling at $3.50 and some nickels are tougher than Ikes and selling for 10c.
Time don't fly, it bounds and leaps.
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Moderator
United States
187702 Posts |
Waiting for TNG to make a statement.   |
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Valued Member
United States
84 Posts |
Reason NOT to collect: They are not silver. Even more irritating, the ones that are silver can't be sold for melt.  My nickels and their cost: $.05 38 D Buffalo MS66 $49.98 39 P Rev of 40 MS66 $37.50 42 P Jefferson T2 Silver PR65 $132.42 50 D Jefferson MS66* $24.99 65 SMS MS67 $24.99 66 SMS MS67 $15.29 67 SMS MS67 $17.09 68 S Jefferson PR68 $7 76 S Jefferson PR69 82 S Jefferson PR69 $7.50 87 S Jefferson PR69 $$7.50 94 P Jefferson SP69* $35.50 97 P Jefferson Botanic SP69* $120 97 P Jefferson MS66 6FS $39.95 00 S Jefferson PR69 $7.50 04 P DDO Handshake MS62* $38 04 S PR69 $59.99
04 S
05 S
05 S
06 S05 P Jeff/Bison MS64* ANACS $55 09 P 09 D 18 S Jefferson RP70 $20 20 S Jefferson PR69 $12.95 20 W PR69 $19.95 20 W RP JeffersonPR69 SETEdited by BearlyHere
06/14/2021 3:33 pm
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Moderator
United States
187702 Posts |
Quote:
Reason NOT to collect: They are not silver. Even more irritating, the ones that are silver can't be sold for melt.  |
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Pillar of the Community
United States
5822 Posts |
Only when a series ends will it garner attentions from the collectors and public, if a new nickel is introduce without Jefferson on it, this series will definitely open up a lot of interest.
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Moderator
United States
187702 Posts |
Quote:
Only when a series ends will it garner attentions from the collectors and public The OG JN series ended in 2003.  |
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Bedrock of the Community
United States
12477 Posts |
I mostly agree with the list and I'm very glad I decided to start with them. I feel I may have gotten too discouraged otherwise. I know the 50-D is the "key" being the lowest mintage, but it is easier to obtain (cheaper ) in high grade than the 42-D, which I would put in the #2 spot behind the 39-D (most pricey). As far as availability, I recently attended my first coin show (TNA) and was lucky if a dealer had half a dozen Jeffs to look at. Several dealers had none at all on display. Oh well, I prefer online shopping anyway.  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
06/15/2021 02:53 am
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New Member
United States
32 Posts |
Funny this popped up because I just bought a ton of mint rolls of the westward journey series. Went through some of the D 2005 bisons found a bunch of super nice toned bisons, pinkish purple neon colors. Have like 60 more rolls but I'll probably keep for a rainy day.
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New Member
United States
32 Posts |
Here's a few of the toned ones I found hard to see in the pic but they are quite colorful in the right light. Question: Does anyone know what's up with the circular markings on the bottom right coin? Found lots of coins with this pattern from the BU rolls.  |
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Replies: 29 / Views: 5,433 |
Posted 05/10/2021 8:35 pm
