| Author |
Replies: 72 / Views: 7,860 |
|
Pillar of the Community
United States
1187 Posts |
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.
|
|
|
|
Pillar of the Community
United States
1068 Posts |
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!
|
|
Pillar of the Community
 United States
5828 Posts |
Edited by ChildOfTheWheat 06/07/2015 12:05 pm
|
|
Pillar of the Community
United States
940 Posts |
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.
|
|
Pillar of the Community
United States
7614 Posts |
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!.
|
|
Pillar of the Community
 United States
1187 Posts |
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. 
|
|
Pillar of the Community
United States
940 Posts |
Some nice nickels with partial liberty, at a good price.
|
|
Pillar of the Community
United States
940 Posts |
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. 
|
|
Pillar of the Community
United States
1450 Posts |
|
|
Pillar of the Community
United States
7375 Posts |
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.
|
|
CCF Sponsor
United States
702 Posts |
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!
|
|
Pillar of the Community
United States
3486 Posts |
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!"
|
|
Rest in Peace
United States
10625 Posts |
I like the obverse design and collect the dollar size version. 
|
|
Forum Dad
 United States
24150 Posts |
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
|
|
Pillar of the Community
United States
1704 Posts |
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.
|
|
Rest in Peace
United States
10625 Posts |
Quote: There is no nickel content in U. S. silver coinage I think you missed the point gyrene.
|
| |
Replies: 72 / Views: 7,860 |