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Nickels: Why 1960 For A Cutoff Year?

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bugo's Avatar
United States
223 Posts
 Posted 11/05/2013  10:59 pm Show Profile   Bookmark this topic Add bugo to your friends list Get a Link to this Message Number of Subscribers
I've been collecting nickels for my whole life, and I only collect 1960 or older nickels. Anything 1961 or newer is just considered change and I spend it. I was surprised to learn that many members of this forum have 1960 as a cutoff date for nickels. Why is this? I can't answer why I chose 1960 as a cutoff date (I chose it in the '80s) but is there a particular reason?

For the record, my cutoff dates are as follows:

Pennies - 1960
Nickels - 1960
Dimes - 1964
Quarters - 1964
Halves - all
large dollar coins - all
SBD - all

*** Moved by Staff to a more appropriate forum. ***
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CoinDan98's Avatar
United States
1053 Posts
 Posted 11/06/2013  12:12 am  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply
I don't know, I just consider anything 50's and back old.
(of course 1964 for dimes/quarters)
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nickelsearcher's Avatar
United States
15395 Posts
 Posted 11/06/2013  12:33 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Why? ...

Because I am hung up I suppose on definite date markers .. so 1959 and earlier just feels 'right' to me.

I've just passed through 300,000 roll searched USA nickels ... and 1959 and earlier has always been my personal standard for keepers.

To each their own in this great hobby.

David
Take a look at my other hobby ... http://www.jk-dk.art
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solotime's Avatar
United States
2311 Posts
 Posted 11/06/2013  12:35 am  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
1960 or older I keep.

I keep any other dates if they're nice.

I keep any BU Lincoln Cent.
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snowman24's Avatar
United States
186 Posts
 Posted 11/06/2013  02:14 am  Show Profile   Bookmark this reply Add snowman24 to your friends list Get a Link to this Reply
i use the approx. 50 million mintage mark ..
if its under that i'll keep it ...if its over its spent unless its in good cond.

so say its a worn 1946 ... 161 million made ...not worth keeping despite its 67yo
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meddin's Avatar
United States
28 Posts
 Posted 11/06/2013  03:31 am  Show Profile   Bookmark this reply Add meddin to your friends list Get a Link to this Reply
People like nice round numbers, so pre 1960 makes some sense.

Personally, I keep 1963 and earlier. Only because they made a trillion 1964 nickels, and I feel like they are 'keepers' even though I know they are supper common, and not worth anything.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 11/06/2013  09:33 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
I only keep them if they are silver, proof, or if they are in nice shape.
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n9jig's Avatar
United States
997 Posts
 Posted 11/06/2013  09:34 am  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
My guess is that a good percentage of the coin collectors were probably born in the 50's and 60's and see anything as old or older then themselves as collectable. I fall into that demographic and that pretty much sums up my reasoning.

It also helps that that is similar to the years that changes in the other coin types caused them to be collectable. Pennies switched from Wheat to Memorial the year before and by 1970 Wheats where being culled by every kid I knew. In the mid 60's dimes and quarters were culled for their silver and the half pretty much disappeared overnight.

Now we are almost 50 years on the Great Silver Debacle (GSD) of 1964-66 and almost 55 years since the Great Wheatie Change (GWC). The nickel hadn't changed composition (except for a few years during WW2) and it wasn't until 8 years ago or so that the designs changed so there was no similar cutoff that could be easily described. Most people then create an artificial one, and 1960 kind of meshed with the other coin types. As Meddin said above, it is a nice round number, it times well with other coin series and matches a great number of collectors ages.

Of course it could all be in your head...

Edited by n9jig
11/06/2013 09:36 am
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jbuck's Avatar
United States
187702 Posts
 Posted 11/06/2013  1:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I keep them all, no cutoff. At some point, probably very soon, they will stop minting them and they will all disappear. I am keeping them for my son to look through since he will (likely) be unable to find them in change.
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Superhal's Avatar
United States
315 Posts
 Posted 11/06/2013  2:41 pm  Show Profile   Bookmark this reply Add Superhal to your friends list Get a Link to this Reply
For nickels my cutoff is 1949. My reasoning is how many I find. 50s nickels are way too easy, maybe I get 1 per roll. So far I have 4 40s and 1 30s, still no War Nickels or buffaloes.
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Avshater22's Avatar
United States
337 Posts
 Posted 11/06/2013  4:09 pm  Show Profile   Bookmark this reply Add Avshater22 to your friends list Get a Link to this Reply
I save all my nickels I get from change in mason jars and keep the nicer ones in my coin box. I also separate the westward journey ones into there own jar. I pretty much save all my change though except clad quarters and dimes unless there in really good condition.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 11/06/2013  7:46 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
That is odd. I did one box and got 8 War Nickels. I think I have gotten 3 Buffalos over the months I spend doing nickels.
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Conder101's Avatar
United States
17884 Posts
 Posted 11/07/2013  12:29 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I had a cut off of 1960 because that was my birth year. Anything before 60 was older than I was.
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