Is A BU Roll Of 2009-P Jefferson Nickels A Good Investment?

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 1,848
Casutherland Pillar of the Community United States 520 Posts	Posted 11/15/2011 12:55 pm I am a college student and I have been thinking hard about getting a BU roll of 2009 P Jefferson nickels and sending them to PCGS to get graded. Then holding on to them for later in my life and for my kids...Just looking for opinions guys! Report this Post to the Staff

oih82w8 Pillar of the Community United States 7840 Posts	Posted 11/15/2011 1:04 pm Numismedia 10.00 for MS66 (the same for the rest of the newer releases), I don't see anything particularly appealing in having them slabbed, and it's costly, minimum of 10 bucks per coin (ANACS special). If anything, I would keep 'em rolled up, did you pay anything over face for them? Edited by oih82w8 11/15/2011 1:04 pm Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 11/15/2011 1:08 pm I would say that all depends on just how cheap you can get the BU roll. They may have already had their peak....... I still save the P or D's whenever I come across them....most not in BU condition. This endeavor is worth it to me...because I believe there is a "chance" that they could be a future "semi" key. Not going to ever be a big key for sure.........but the potential is enough for me to keep coin-tubing them and they deserve a place in my collection for now. Having said all of that, however...... All of mine only cost me "FACE VALUE" too ! ..... I don't think I'd want to pay very much for BU 2009's at this point. Report this Post to the Staff
ljenkins990 Valued Member United States 406 Posts	Posted 11/15/2011 1:42 pm Even though 2009-P nickels are pretty darn scarce in some sections of the country (like where I live), they still made nearly 40 million of them. That's not a lot compared to other recent nickels, but it's still quite a few, and they are easy enough to get from ebay and such if you can't find them locally. While one can never be 100% certain of future trends, I find it hard to believe that they would ever appreciate in price enough to make it worthwhile to slab them. I agree with oih82w8 that you might be better off keeping them rolled. Report this Post to the Staff
Casutherland Pillar of the Community United States 520 Posts	Posted 11/15/2011 2:14 pm I actually havent bought any yet, but just have been contemplating it..I just saw how many people keep saying they cant find them, so I just figured that they might be a Key one day.. Report this Post to the Staff
upstate Pillar of the Community United States 3278 Posts	Posted 11/15/2011 2:27 pm My opinion is they are not a good investment. Too many minted, everybody's saving them, tons of high grade coins are going to be on the market forever. Report this Post to the Staff
jbuck Moderator United States 188001 Posts	Posted 11/15/2011 6:41 pm All of those hoarded coins will come on to the market eventually. This is just my opinion, but once the price starts to come down, almost all will come onto the market and the price will crash. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 6 / Views: 1,848

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Modern Coins

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.27 seconds to rattle this change.