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Nickel Dollars

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Fireman638's Avatar
Canada
158 Posts
 Posted 01/01/2014  11:26 am Show Profile   Bookmark this topic Add Fireman638 to your friends list Get a Link to this Message Number of Subscribers
I'm hoping this won't be a stupid question.....but I'm stumped. Going through ebay I've been noticing the huge difference in prices for ICCS graded nickel dollars. For example, MS64 in most years can be purchased for $15-$30, but MS65 it jumps to $150-$275. Don't get me wrong, I understand the difference in grades with MS-65 being absolutely flawless.......but is it really that rare for a nickel dollar to attain an MS65 grading?
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 01/01/2014  11:39 am  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Well, I',m no expert but yeah I mean, It's up to population and supply & Demand. If there are only 1/20th of the MS65 Dollars of a date as a pose to a MS64 piece and there are 1/2 as many collectors willing to pay for them then the price is 10 times as much.
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Fireman638's Avatar
Canada
158 Posts
 Posted 01/01/2014  1:05 pm  Show Profile   Bookmark this reply Add Fireman638 to your friends list Get a Link to this Reply
I guess that makes sense. Similar to how quickly modern coins can lose their original luster.
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stampvirgin's Avatar
United States
1247 Posts
 Posted 01/01/2014  2:58 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
Remember that grading is always subjective.
What one grader thinks is a ms65 another may grade as a ms64.
Buy the coin not the slab.
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Canada
617 Posts
 Posted 01/02/2014  01:57 am  Show Profile   Bookmark this reply Add EastVanRob to your friends list Get a Link to this Reply
Think large hard heavy coins clanking against each other in mint bags. Not a lot survive in gem condition.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 01/02/2014  02:56 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Business strike nickel dollars in higher than MS64 condition are much scarcer than for other coins. The weight of the coin dropping into hoppers when coming off the line and rattling around in bags when distributed made sure of that.
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Canada
9862 Posts
 Posted 01/02/2014  10:46 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Large nickel coins likely don't strike up well under circulation production methods. Premature die wear may be a factor as well.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
01/02/2014 10:48 am
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SPP-Ottawa's Avatar
Canada
10456 Posts
 Posted 01/02/2014  2:33 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I probably go through about 3000 nickel dollars (raw) per month, and of those, I may find 3-5 coins that will grade MS-65 by ICCS, and maybe 1 that I will send to PCGS. The contact marks are not just from their production, but from years of handling and being tossed into coin dealer's ice cream buckets or pails... because they never had/have any intrinsic value. If you hunt long enough, you will find nice ones, and you will quickly learn that some years are a lot harder than others (e.g., 1979 or 1985) to find in gem condition. Also the years 1969 to 1972 were plagued with being struck weakly - which makes it very tough when playing the registry set game (PCGS is hard on weakly struck coins).

Building an MS-64 set is cheap, and easy. Building an MS-65 set is quite a challenge....

http://www.pcgs.com/SetRegistry/all...aspx?s=82059
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Edited by SPP-Ottawa
01/02/2014 2:35 pm
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