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Where Have All The Nickels Gone ?

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numismo's Avatar
United States
3039 Posts
 Posted 04/25/2009  11:04 am Show Profile   Bookmark this topic Add numismo to your friends list Get a Link to this Message Number of Subscribers
A few months ago, I started roll searching nickels to go along with the cent rolls I was searching. I needed a little break from the smaller format of the cents that was making my eyes tired. Anyway, there used to be a good mix of dates in the nickel rolls, 40s, 50s with a few 39s thrown in. Many coins even had mint luster. I've put together most of a complete set of Jeffersons from rolls. Anyway, lately the finds have dried up. Nothing but 80s & upward. Most of the coins are what I call slot machine nickels. You know, the ones with a zillion tiny scratches and an artificial shine to them. What has happened to the rest? Is the sorting and rolling facility now cherry picking everything out of the bins? I've tried a couple of different banks with the same results. I'll never finish my set at this rate.
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Metalman's Avatar
United States
7123 Posts
 Posted 04/25/2009  11:40 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
exactly whats happened is hard to say with any authority , but it just could be that more people are turning in change and diluting the pool , it may take more rolls searched to find the older coins which are still out there .

I have noticed in my pocket change that I'm getting BU or close to it State Quarters more frequently and older lincolns , they look like small hoards are being cashed in to make ends meet . of course these are just my opinion from my own experiances .
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 04/25/2009  11:45 am  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
with Metalman, I see a lot of people taking rolled change to the banks these days and the coinstar at the local foodmart is working overtime. I have been seeing AU-BU Statehood Quarters from 99 and 2000 suddenly appearing in my change also.
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numismo's Avatar
United States
3039 Posts
 Posted 04/25/2009  11:48 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
Thanks for the opinions guys. Gee, I'd like to intercept some of people wrapped coins before they get to CoinStar or other sorters. Just think of the unsearched treasures.
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numismo's Avatar
United States
3039 Posts
 Posted 04/25/2009  11:54 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
You would think that more people turning in coins they have saved or hoarded would bring more older coins to the pool.
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DNA's Avatar
United States
2734 Posts
 Posted 04/25/2009  11:58 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Irony: This thread was posted two days ago.

I just got a 1947-D Nickel in my change yesterday, a BU 1954-S not too long ago, and last year I got a 1938-S Nickel in my change.

There are tons of pre-80's Nickels in rolls here in Denver. Literally every roll I've opened this year has had at least one 1964-D in it, some had two or three! 1960-63 are also very common.

I find '40's/'50's regularly, and the 1939-D from a roll is my best find so far this year. (my best roll find last year was a 1935 Buffalo in VF with a full horn, that's pretty hard to beat!)

Quote:
Tim Stroud: I have been seeing AU-BU Statehood Quarters from 99 and 2000 suddenly appearing in my change also.

Me, too. I got some BU Westward Nickels in recent rolls, and some were "P"'s (which are very hard to find in Denver!) I've even been finding some Silver Dimes in my change at a rate I haven't seen since the early 1990's, so you know this is all due to massive numbers of coins being cashed in.

Quote:
numismo: "I'd like to intercept some of people wrapped coins before they get to CoinStar..."

I've done this a few times! I keep a hand-crank coin sorter in my trunk, which is not much slower than the machine. An offer to pay full face beats the CoinStar's 8.9% vig, and the best situation is when the machine is broken (which is happening more often, due to increase in usage). Then I'll save the coin cashers the hassle (and gas money) of going to another place, as well as the 8.9% vig.
Edited by DNA
04/25/2009 12:16 pm
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Marc115028's Avatar
United States
74 Posts
 Posted 04/25/2009  12:33 pm  Show Profile   Bookmark this reply Add Marc115028 to your friends list Get a Link to this Reply
Im been noticing a mix of dates everything from 1940's through current dates. I'm located in NY state and been searching sealed rolls (not customer rolled).
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numismo's Avatar
United States
3039 Posts
 Posted 04/25/2009  12:41 pm  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
DNA you are quite the opportunist aren't you. What a great idea. Where can I get a hand cranked sorter? You're right about the CoinStar (and others) being down quite a bit. Maybe sitting beside some for a while would pay dividends in unsearched coins, as long as it's not the dump location for another searcher.
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DNA's Avatar
United States
2734 Posts
 Posted 04/25/2009  1:09 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
I also use it at home.
http://www.amazon.com/Royal-Soverei...79201&sr=8-1

It costs about the same as the CoinStar vig for $400 face in coins!

PS: A CoinStar repairman gave me a 1987 Canadian $1 'Loonie' that had jammed the machine. It was in a batch of Dollar coins that someone cashed in. The Loonie wasn't damaged at all.
Edited by DNA
04/25/2009 1:19 pm
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steve199's Avatar
United States
1882 Posts
 Posted 04/25/2009  1:20 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
DNA, now I've got quite a mental image of you out in the parking lot...

To add some clarity to this image, I need some help:

1) Sitting Indian style with coin sorter in front of you.

2) Perhaps on your knees on the groud...like you are about to shoot some marbles.

3) Coin sorter balanced precariously on the bumper of the car.

4) Sorter down inside the trunk, with an occasional visit from a police officer to see what kind of deal might be going down.

5) Maybe you carry a small folding table?

6) Carry back to the entrance of the store, and ask the girl scouts if you can borrow some table space for a couple minutes.

Pickup truck would be ideal for this.

Anyway, thanks for sharing.
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numismo's Avatar
United States
3039 Posts
 Posted 04/25/2009  2:28 pm  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
I can see him with a sign-"Will crank for coins"

Why am I laughing? He probably finds a lot of good coins like that.
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nohope587's Avatar
United States
5953 Posts
 Posted 04/25/2009  3:01 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
I know where all the Nickels are they are in my office......
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 04/25/2009  3:33 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
I search hundreds of nickel rolls every week, and I am seeing no shortage of older ones. I still pull a pre 1959 about one per two rolls
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DNA's Avatar
United States
2734 Posts
 Posted 04/26/2009  8:47 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
No no no, it works like this: If I see a person head to the CoinStar, I offer to buy their coins at full face value. I explain that I have a coin sorter in the car, and I will return with it and sort the coins right there on top of the CoinStar machine, as they watch. I also bring a new style plastic 'coffee can' and a calculator. They can see each 'roll amount' as we go, I add them up, put them in the 'can', and pay them when finished.

I explain that I need the coins 'for my business', even though searching through them may be my primary 'business', in this case.

Today, the CoinStar at a grocery store was full. I got a 'customer'!

Saved from the CoinStar: 1927 (P) Cent (VF), 1935 (P) Cent (XF), 1946-S Cent (VG - some blackening), 1957-D Cent (XF) 1974-S Cent (AU - a bit of red left), 1955-D Nickel (VG), 1959-D Nickel (XF), 1970-S Nickel (XF - almost AU), 2008-P Nickel (BU), and the best one: 2009-D Log Cabin Cent (BU)

This is the first Log Cabin I've rescued from the CoinStar, versus getting them in my change

I looked at the 2008 Nickel again just now and saw that it's a "P", my first 2008-P Nickel (very hard to find in Denver, outside of a coin shop!)

There was also a BU 1999 (P) Cent, but it's not a variety (ie: " Wide AM" or RPM). Also a super-nice looking (at least MS-65) Wyoming-D Quarter, but this is CCF and nobody cares about State Quarters....
Edited by DNA
04/26/2009 8:58 pm
Valued Member
United States
99 Posts
 Posted 04/27/2009  12:04 am  Show Profile   Bookmark this reply Add Dnickels to your friends list Get a Link to this Reply
Where have all the nickels gone?

I blame coppernickeldaddy! =)
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Gary Burke's Avatar
United States
3730 Posts
 Posted 04/27/2009  01:04 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I talked just tonight to a clerk who is a friend of mine. She works in a convenience store five days a week. She still has never seen a single 2008 nickel!
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