Date Restored Nickels Any Value? - Coin Community Forum

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Author	Replies: 10 / Views: 1,186
nohope587 Pillar of the Community United States 5953 Posts	Posted 07/20/2014 08:02 am So I purchased a bulk lot of dateless Buffalo nickels with the intention of turning them into jewelry but there are close to two thousand of them and its going to take years to use them all. In the mean time I have been having fun with Nic-a-date there are a surprising amount of teens in the batch. I figure having the date show on the coin would make for more interesting jewelry. I don't want to destroy coins that might have some collector value. So what are your thoughts on the percentage drop in FMV of a G4 nickel that has a restored date. For instance the FMV on a 1916 G4 is $5 I figure actual price for a G4 would be maybe $3 so what would it be if it was a restored date? Report this Post to the Staff

kanga Pillar of the Community United States 5825 Posts	Posted 07/20/2014 08:33 am Quote: I don't want to destroy coins that might have some collector value. "Destroy" is a bit of an overstatement ... but not by much. The coin will be considered damaged. Therefore you are looking for the keys and semi-keys. Look at your Red Book or surf up Numismedia and find out which ones those are. 1913 Type 1 Buffs are the easiest to spot since they have a design difference. After that you are looking for those coins with mint marks. But remember the coins are now damaged; very few will have a premium and that premium will only be minor. ONLY those coins with the highest catalog value will have that premium. Report this Post to the Staff
fioti Pillar of the Community United States 4212 Posts	Posted 07/20/2014 10:43 am this might give you an idea. http://www.ebay.com/sch/Nickels-/11...ored&_sop=15 Report this Post to the Staff
nohope587 Pillar of the Community United States 5953 Posts	Posted 07/20/2014 10:51 am thank you fioti I have been so long without a decent internet connection I completely forgot about ebay Report this Post to the Staff
fioti Pillar of the Community United States 4212 Posts	Posted 07/20/2014 10:55 am But then, you have these: http://www.ebay.com/itm/1916-Double...em27e322d64e Report this Post to the Staff
Kenton Valued Member United States 78 Posts	Posted 07/20/2014 12:07 pm what a shame. you don't need to acid test for 1916 DDO. There are other signs. Report this Post to the Staff
edweather Pillar of the Community United States 7375 Posts	Posted 07/20/2014 12:08 pm Having fun is the key. It is fun messing with Buffaloes restoring the dates. They have value but not much. Recently had 4 that I restored the dates on with vinegar. Got tired of them so just for the grins I listed them on ebay at .01 starting bid with free shipping. They sold for 2 bucks. Put a stamp on an envelope and walked away with about a buck. Fun had all the way around. Report this Post to the Staff
52Raymo Pillar of the Community United States 8515 Posts	Posted 07/20/2014 12:18 pm A restored date is very fragile too. Rub anything against them and the date disappears again. Oregon coin geek.....* GO BEAVS ! ! ! * Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 07/20/2014 1:06 pm At a coin show today a person brought in a bag of attempted restored dated Buffalo nickels. He counted out over 400 and the dealer gave him $0.07 each. Report this Post to the Staff
nohope587 Pillar of the Community United States 5953 Posts	Posted 07/20/2014 1:41 pm So unless its a key date then Jewelry would give them a better chance of seeing the light of day again.. Report this Post to the Staff
westernsky Pillar of the Community United States 7614 Posts	Posted 07/20/2014 2:26 pm Restored key date Buffalos can bring a good premium on ebay IF (and that IF is huge) they were carefully processed. Restored dates will bring no where near RedBook or Graysheet values, however. There are members on the CCF that do excellent work and you can see their listings, and results, on ebay. Each one on has their own way of doing things that make the coin look more marketable. The best dates that seem to do well are the 18/17 and the 13-S t2. Most dealers will only buy these acid dated coins at a cent or two above face once they've been restored. To the dealer they are worth more unrestored. Wholesale value for clean, undamaged no dates is anywhere from 11 to 14 cents each. Report this Post to the Staff
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