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Replies: 30 / Views: 11,287 |
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Valued Member
United States
314 Posts |
I have 5 incomplete sets of 38 thru 61 sets of nickels. I want give up on trying to finish them since I cant find the 1950d, 1938d, s, 1939d, 1939s , 1951s, 1955, 1958 serval wartime silvers to finish. The trouble with those you can buy them already pre built on ebay for 30 bucks on ebay . But if you buy the keys to finish them they cost like 15 bucks for 50d, 15 bucks for 38 and 39 key, 15 bucks for wartime silver set. Last year I went thru maybe 1000 dollars worth nickels and never found them to finish the books. I did get box full pre 1964 nickels maybe like 20 or 30 dollars face on them. I not sure I have not counted them. I did make an roll 1959d, 1963d, 1964d aslong serval other dates I forgot about. I think I have maybe 60 dollars worth solid date rolls. My main problem is what should do about the 5 incomplete sets of them. I afraid to overspend buying the key dates since they want more money for them than what I can buy 5 complete sets for on ebay. Since I finished my keeper set I dont need them or want those since my keeper set is finished. Any ideas. I dont know anymore. Like I said searched thousands of bank rolls to try get them more complete last year but always the same thing I never find what I need. I keep piling up more pre 1964 nickels that are duplicates trying find keys or semis from bank rolls. Chevrolet454ss
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Pillar of the Community
United States
581 Posts |
Chevy,
Well, you might sell three of the partial sets and then take that money and buy the keys for the two sets that are left. Otherwise, I don't think that partial sets without the keys will move up in value very much.
You might have some luck selling the solid date rolls. Maybe group 4 or five rolls together so you can use the $9.95 flat shipping rate.
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Pillar of the Community
United States
560 Posts |
I also set aside pre 1960 nickels. I'm not exactly sure why - these will never be rare. I've started to work on my Jefferson collection recently and my goal is to get high quality (BU or better, 5 steps or more) the whole series. It's highly unlikely that I'll come up with any of these from circulation but I still hoard them.
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Bedrock of the Community
United States
10284 Posts |
I always loved the Jefferson nickel. I first got interested in them, when I realized it was the only real circulating coin that was still easily found with a date prior to 1959 which would be the first year of the Lincoln memorial. Yet I had found many AU and even what would pass for UNC Jeffersons dating 1938 and 1939. I thought that was amazing! Then I started to hoard any Jeffersons pre 1960 that I found in change. Eventually I started to realize what dates and mintmarks were easy to spot in circulation and what was a real find. I got into buying many rolls from the bank and going through them. I do believe the Jefferson was one coin that kept me interested in coin collecting when times were hard. I could always afford to keep a nickel and put it aside because " I liked it!" Later on I became more aware of strike quality and the full step collecting movement and joined clubs like PAK. ( Which is another story ! ) Today I have one heck of a nice Full Step Set, I also have many tubes of some quite unusual Jeffersons that have some sharp strikes, full steps, and in high grade. Someday, when all the huff and puff of selling proof sets and mint sets and high end coins finally comes to an end, I will resort back to my little collection of fine Jeffersons and be rewarded again, maybe not so much money wise, but most likely I will enjoy looking at each one again through a glass and saying ... " Wow! That sure is a nice 1964 D! You don't see many of them with even a couple steps and heres one with 5!" Even though, yes, there were billions of both 64 and 64 D's minted, there were so many made with those dies that the strike is not very sharp at all on the vast majority that anyone will find. Well, I am new here, just thought I'd make a post and say hello! Have fun collecting!
Edited by TNG 02/10/2008 03:19 am
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Valued Member
United States
473 Posts |
I've noticed that as well Wheezy---64s are everywhere but very,very few choice ones with some nice steps. At this point, I'm not really after a FS set but I've been thinking alot about it and might go for it. What are the chances of finding them in circulation via Bank Boxes? I doubt all can be found (I know some are even rare to be found at shops/ebay) but can I realisticlly find enough floating around out there where it will be worth looking? Or should I take the easy (and expensive!) way out and purchase them from various sources?  to the forum Wheezydog! Jefferson fans are always welcome  --Gary
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Valued Member
United States
128 Posts |
I see that the first couple of posts in this thread mentioned a bit about the intrinsic value of nickels. Spider5689 made reference to the Canadian nickels for those of you who might be interested in hoarding them for the nickel value in them. I'd have to agree if that is your intent.
After seeing mention about Wikipedia for coin info on another thread I found some very good info on Canadian coinage there myself. I especially found the section on "History of Composition" to be very enlightening. Just go to Wikipedia and do a search on Canadian Nickel (or dime, etc.) for example. Also if it's nickel you're after don't overlook the Canadian dimes and quarters too. They both contained 99.9% nickel from 1968-1999! That is with the exception for part of the 1968 year, when they were still made of 50% silver.
If it's copper you're interested in the Canadian pennies contained 98% copper from 1942-1996. Personally, I'm quite fascinated by all this.
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Bedrock of the Community
United States
10284 Posts |
I just saw on 60 minutes tonight about this very subject about the cost of producing lincoln cents and Jefferson nickels. They lose a lot of money at the mint. Maybe the new designs were helpful in the selling of mint rolls and mint sets, but they don't have any plans on stopping. The Lincoln will have new reverses just like the quarters and nickels did recently. I predict that that is the tail end of the poor old penny though. As far as finding nice old nickels in bank boxes, ( I'm not sure what a bank box is ) but in circulation and rolls, yes I think it is maybe more difficult today than 20 years ago, but the design is basically the same as it was in 1938. Some nickels sit in drawers for decades or in piggy banks or saved by the roll and then one day ... they are freed. Try it, you might just be surprised. I still have an AU/UNC 1938 that I had in change on the milk route I had that I got in the dark with my flashlight getting paid one early morning. It was so shiny I had to take a second look. Couldn't believe it, I thought it was a 58 at first but a second look showed it to be a 38 No S or D but wow! Wonder how long that was in that house? Full step nickels are not too hard to find but one in MS 68 and better is pretty tough. Even for brand new ones. I like to cherry pick these at flea markets and coin shows when I don't want to spend much money and want to have fun. Once graded they can sell for many times higher. Thanks for the welcome! Glad the nickel gets some respect. It is a true hobby coin! It can be fun!
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Valued Member
United States
128 Posts |
wheezydog, I'm a new guy here myself. You're going to really enjoy this forum. It's very active and there seems to be alot of good folks here that are very knowledgeable about numismatics and the like. You said you don't know what a bank box is. If you haven't already, you really must go over and check out the thread titled "How many are into coin roll hunting?" It's about 64 pages long and 5 of those pages are new since I started here just a few weeks ago. To answer the question about bank boxes for you though - Bank boxes are full boxes of coins that the banks receive. I've never bought or ordered a full box myself yet. But aparently a full box consists of 50 rolls of coins. For example a full box of cents would cost you $25, Nickles $100, Dimes $250, and so on. Alot of coin hunting folks have been going to the banks and either requesting or special ordering full boxes of coins to search through for any special coins. Many have had suprisingly phenomenal success at this method of coin hunting. This may be redundant info for you as you may have done plenty of CRHing but just didn't know what was meant by the term 'bank box'. I'm new to coin roll hunting myself but what I've done so far has been great fun and I've made a few good finds already. That's my Two Cents. Welcome to the forum wheezydog.
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Bedrock of the Community
United States
12437 Posts |
quote: They lose a lot of money at the mint.
Only on cent and nickel production but not overall. The annual seniorage(difference between face value and production cost) alone is hundreds of millions of dollars that the US Mint returns to the Treasury. US Mint sales of collector coins and bullion are quite profitable as well.
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Pillar of the Community
United States
974 Posts |
I am selling all my nickels on the "For Sale" forum...which includes 41 War nickels. 
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Bedrock of the Community
United States
10284 Posts |
Hello again, I thought I would post a bump here and share 3 nickels I found in circulation or cherry picking a long time ago. Hope they show up, my scanner is dusty, please excuse the specks. 1944 Jefferson Counterfeit no mint mark The Henning Nickel Henning made the notorious 1944 no-mintmark nickel, plus and other obverses including 1939, 1946, 1947, and 1953 (the last date remains to be discovered) I would not be surprised if the lesser know common reverse nickels are among my pre 1960 circulated stash but it is difficult to study circulated die varieties. Someday, I hope to find more of Hennings fakes amidst my rolls. I believe there were 50,000 of the 1944's made of which it is believed 25,000 are in the Schuylkill River in Philadelphia, the other half are in our collections or were confiscated by the FBI. Correct me if I am mistaken, please.  1943/2 Jefferson War nickelThis coin also suffers from lamination on the reverse which is common to war niks. It isn't the best but I do believe it is a hole filler. I should get it graded and certified someday to be 100% sure but I am 99% sure this is a genuine overdate.   1943 P Double Eye War nickelThis is actually a triple eye but commonly referred to as the double eye. Uncirculated high grades of these can fetch a bundle of cash and get harder to find every year but a circ can still be cherry picked in a bargain box. Look for a Jefferson that appears to have a teardrop falling from his eye for fast browsing through rolls and 2x2 boxes at flea markets and coin shops.    Hope this is a welcome post and it does show that circulated coins can be fun to find too!
Edited by TNG 02/18/2008 01:48 am
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Valued Member
United States
473 Posts |
Those are some pretty impressive finds Wheezy! I've been finding War Nickels at a ratio of about 1 every 50 rolls, but none like the varities you pulled. The Henning Nickel is awesome too. It's probably the only counterfeit coin that is a true collectable and a must-have for everyone A week ago or so I found a AU+ 1938 just like the one you described early. I suspect it had been saved since 38 and when grandpa died it was dumped into a coinstar (the one mark it has on it is clearly a ding when another nickel crashed into it) --Gary
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Bedrock of the Community
United States
10284 Posts |
GFR3 Thanks, and good for you on the 38 You still need these? 38D,38S,39D,39S,43D,44S,45D,46S,49D,50,53S,54S ? Maybe I can help you out and do it for the coins and not the money. What condition are you trying to build your set in?
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Pillar of the Community
United States
581 Posts |
Wheezy, Thanks for the posts. Made me go back and re-check my 2 sets. But no luck!
I'm out of stuff to search through and tomorrow is a holiday - no banks :(
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Bedrock of the Community
United States
10284 Posts |
Howzit goin in here, any new finds? Had a hard time taking pics of this 55 D over S But in hand its obviously a better example.   
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Replies: 30 / Views: 11,287 |