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Why So Little Interest In Liberty Nickels?

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Pillar of the Community

United States
1187 Posts
 Posted 06/07/2015  11:33 am Show Profile   Bookmark this topic Add LibertyEagle20 to your friends list Get a Link to this Message Number of Subscribers
why is there so little interest in V nickels? I was recently able to pick up rolls of 1900-1912 (no D or S) for right around 30 cents a nickel. I'm talking ones in at least good condition too, can see the full lettering on the back and in many cases some of the "liberty" on the observe.

Maybe I have the wrong impression but it seems interest in pretty low on these. Is it just because they are so plain (for example no mint marks on most of them)? What do you think the future value of V nickels will be?

BTW I also have some more common 1800s ones but they aren't in nearly as good as shape.
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Bryan78's Avatar
United States
1068 Posts
 Posted 06/07/2015  11:47 am  Show Profile   Bookmark this reply Add Bryan78 to your friends list Get a Link to this Reply
Probably because the lack of silver in it would be my guess... However, I do think they do not get the respect they deserve as I think V nickels are a very nice looking coin!
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 06/07/2015  12:00 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Just look at this buet Even for a Fine coin, it looks pretty nice.

Why-So-Little-Interest-In-Liberty-Nickels?

Why-So-Little-Interest-In-Liberty-Nickels?
Edited by ChildOfTheWheat
06/07/2015 12:05 pm
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Classic Coins's Avatar
United States
940 Posts
 Posted 06/07/2015  12:06 pm  Show Profile   Bookmark this reply Add Classic Coins to your friends list Get a Link to this Reply
I think you hit on one reason for the unpopularity of V nickels - the plain design. It also is a low-relief design that was prone to uneven wear, unlike the Buffalo nickel. The liberty figure isn't particularly appealing to me, and the reverse is fairly boring to me, too.

I don't collect year-sets, but if I did, I would want VF-XF grades, and these criteria would make a V-nickel set somewhat expensive. I have two V nickels in my collection, and over 70 Buffalo nickels, because I like the design so much better. I think I have one Jefferson nickel - a proof.
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westernsky's Avatar
United States
7614 Posts
 Posted 06/07/2015  12:08 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
There is little interest because the market is currently saturated.

Greysheet "bid" for avg circ rolls is 24$ the last time I looked. Fortunately, you can still sell to the major wholesalers in the 40 to 50 cent range for avg circulated coins.

If they were mine I'd sort through them, keep the best coins and sell the others to recover my investment. It's nice to have a pile of coins that you have nothing but time invested in! Besides, a 25 to 40% return on a 30 cent item is pretty impressive....especially if you have a whole bunch of them!

Good luck!.
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United States
1187 Posts
 Posted 06/07/2015  12:15 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
Heres a small sample of some of the coins I've been picking up for right around 30 cents each. Seems pretty low risk to me. Not the best but also in a lot better condition than many of the "V's" I come across.



Why-So-Little-Interest-In-Liberty-Nickels?
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Classic Coins's Avatar
United States
940 Posts
 Posted 06/07/2015  12:24 pm  Show Profile   Bookmark this reply Add Classic Coins to your friends list Get a Link to this Reply
Some nice nickels with partial liberty, at a good price.
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Classic Coins's Avatar
United States
940 Posts
 Posted 06/07/2015  12:25 pm  Show Profile   Bookmark this reply Add Classic Coins to your friends list Get a Link to this Reply
I do collect Shield nickels because there are so many varieties that are not too expensive, and they can be cherrypicked at coin shows. There are missing leaves, die cracks, and other varieties like this 1868 triple repunched date.

Why-So-Little-Interest-In-Liberty-Nickels?
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United States
1450 Posts
 Posted 06/07/2015  1:35 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Think how little respect Roosevelt dimes get and until 1964 they were 90% silver. Both Franklin halves and Roosevelt dimes get no respect. I have seen some pretty high prices for the Franklins in BU condition, however.
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edweather's Avatar
United States
7375 Posts
 Posted 06/07/2015  1:58 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
You definitely got a deal at .30 a piece.


Quote:
If they were mine I'd sort through them, keep the best coins and sell the others to recover my investment.


That's exactly what I did a year ago. Bought a lot of 100 Liberty nickels, and kept all the different dates, and sold the lot for what I paid.
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Scropper's Avatar
United States
702 Posts
 Posted 06/07/2015  2:41 pm  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
As I have read here often, "the scarce coins keep getting scarcer, the common coins stay common." The point about silver is not wrong - they're not likely to be melted for their Nickel value any time soon, whereas silver coins of similar small values were often melted, making the remaining coinage slightly more scarce.

I would pick up a couple of nice ones, too. No Cents are cheap in most grades, and even certified given the age until you get to 65. Get whatever your budget can give you, but be wary of weak and uneven strike. That said, a nice AU 1883 No Cents won't put you back much, but a really nice EF might actually be AU. See if you can figure out the difference and you'll have yourself a nice type coin worth keeping!
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matthewvincent's Avatar
United States
3486 Posts
 Posted 06/07/2015  2:43 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
This topic gives me an idea for an article in the Barber Coin Collectors' Society journal!

Unlike other designs a complete set in good/very good condition is not a show-stopper.
A complete set in fine to very fine, on the other hand, is not often seen. The reason being that these nickels circulated when a nickel bought a phone call or a trolley ride. They were USED until worn beyond belief.

Consequently, few survive in an aesthetically pleasing yet affordable grade.

Lack of silver is a factor but not entirely as the Buffalo nickels lack silver and have a greater following.

Barber's designs suited the primary requirement for coins:
TO SERVE COMMERCE. But when the War Clouds were gathering in Europe it is my opinion that the Buffalo, Mercury, Standing Liberty and Walking Liberty designs served a secondary purpose: To stir up patriotic fervor.

Note: three out of four of these designs proved unequal to the task of commerce and required 'fixes!'

At $0.30 a piece the duplicates could either be sold or donated to the CCF Kid's program for distribution. Youngsters get a kick out of owning a hundred year old coin. I once put a handful of Barber Nickels into a bag and let kids pull one out.

I am very proud of my set. "Liberty" is complete on all 33 coins. It took many years to find the three keys ('85, '86 and '12-S) in very fine. It looks --- aesthetically pleasing.

Even among Barber collectors the nickels "get no respect!"







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dave700x's Avatar
United States
10625 Posts
 Posted 06/07/2015  2:46 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I like the obverse design and collect the dollar size version.
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bobby131313's Avatar
United States
24150 Posts
 Posted 06/07/2015  3:04 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
We get a lot of kids at the shows that like them, here's a story about one I wrote about right after it happened...
https://goccf.com/t/194792
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 06/07/2015  3:15 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply

Quote:
The point about silver is not wrong - they're not likely to be melted for their Nickel value any time soon,


There is no nickel content in U. S. silver coinage.
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dave700x's Avatar
United States
10625 Posts
 Posted 06/07/2015  3:37 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply

Quote:
There is no nickel content in U. S. silver coinage


I think you missed the point gyrene.
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