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What Should I Do With US Mint Bags OD Nickles?

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United States
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 Posted 10/21/2015  3:23 pm Show Profile   Bookmark this topic Add RichUrich to your friends list Get a Link to this Message Number of Subscribers
Planning to sell...
Should we leave as is?
or should we break the bags open and try to grade nickel?

What-Should-I-Do-With-US-Mint-Bags-OD-Nickles?
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Tunnioc's Avatar
United States
3171 Posts
 Posted 10/21/2015  3:49 pm  Show Profile   Bookmark this reply Add Tunnioc to your friends list Get a Link to this Reply
I would search it for errors and gem BU,open it.
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Debrajc's Avatar
United States
4211 Posts
 Posted 10/21/2015  3:50 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I would sell it as is, but that's just me.
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Finn235's Avatar
United States
6130 Posts
 Posted 10/21/2015  3:59 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
The westward journey series was from 2004-2005. Is this a bag of the new design?



There are no varieties that I am aware of, and high grade 2006 nickels are not especially valuable. I would just sell it as-is, personally.
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jbuck's Avatar
United States
187702 Posts
 Posted 10/21/2015  5:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Curiosity would get the best of me. I have to confirm/know what is inside.
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welder's Avatar
United States
1037 Posts
 Posted 10/21/2015  5:33 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
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Buddy's Avatar
United States
7075 Posts
 Posted 10/21/2015  6:02 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
The is a very a small chance that there is a coin in there that is worth a lot more than five cents.

But as previous posts indicate -- folks like us live for treasure hunting.

I think you'll do better selling the bag as is.

Even if you found a little treasure in there ...do you really want it? Do you want to try to sell it? Do you want to go through all the fuss of selling all those nickels? Or will you end up dumping them at a bank?
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DmanofLV's Avatar
United States
98 Posts
 Posted 10/21/2015  6:54 pm  Show Profile   Bookmark this reply Add DmanofLV to your friends list Get a Link to this Reply
Open the bag but whatever you do, DON'T TOUCH THE COINS and don't lay the bag down hard! Treat it very gently like it is nitro. If there is anything of value in there you can easily make a $30 coin worth 5 cents by touching, sneezing or making skid marks on it. Use cotton gloves and handle with a very thin piece of paper to flip over and examine the other side. A 2006-P PCGS graded MS67 Jefferson nickel is worth $1,050. Don't expect to get one in your bag because they are very rare in that condition. If you are very lucky maybe you have a few MS66 coins in the bag worth about $37. If you have a coin that looks perfect send a photo to us.
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amida17's Avatar
United States
4897 Posts
 Posted 10/21/2015  7:01 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply

Sell as is....or...spend them....imo. They are likely too "baggie", pun intended, to find anything worth grading.
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Numisma's Avatar
United States
4963 Posts
 Posted 10/21/2015  8:27 pm  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply

Quote:
The westward journey series was from 2004-2005. Is this a bag of the new design?


Look closely at the tag. It says 'Return to Monticello Design (P)'. Not sure why it says 'Westward Journey', though.
Edited by Numisma
10/21/2015 8:28 pm
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welder's Avatar
United States
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 Posted 10/21/2015  10:50 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
According to the Red Book, the 'Westward Journey'series ran from 2004 to 2005. In 2006, the Mint began the current nickel with pre-2004 Monticello on the obverse.

You could have a bag left over from the 'Westward Journey' series, with the tag stating the contents.

If so, would this be considered a Mint error?
Edited by welder
10/21/2015 10:53 pm
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CelticKnot's Avatar
United States
12813 Posts
 Posted 10/21/2015  11:55 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Return to Monticello is definitely part of the Westward Journey Series (at least in name), but from what I can tell, "Return to Monticello" doesn't really have much to do with the Westward Journey itself. It likely just refers to the reverse design returning to the familiar Monticello design and underscores Jefferson's role in the Lewis and Clark expedition.

However, the 2006 Monticello looks like the pre-2004 but there are some differences:

o Facets of the dome of Monticello have been restored.
o The balconies of the building have been reworked.
o Relief has been restored to the detail around the door and windows to reflect more of Felix Schlag's original work.


http://www.usmint.gov/mint_programs...ToMonticello
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perfessor's Avatar
United States
927 Posts
 Posted 10/22/2015  12:25 am  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
The other thing that changed on the 2006 nickel is Jefferson's portrait, for the 2nd time in as many years. But actually, I kind of like the new portrait. And I would HAVE to open the bag. It would drive me crazy not seeing what was in it. You could check for gems first. Then sell the gems separately, or get them graded first (if they are exceptional). The rest could be sold by the roll.
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Numisma's Avatar
United States
4963 Posts
 Posted 10/22/2015  12:31 am  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply
I disagree regarding the portrait. I'm not a fan of the two-thirds and three-quarters portraits used on coins. It may seem old-fashioned, but I prefer the traditional side views with a margin between the portrait and the rim.
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Buddy's Avatar
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7075 Posts
 Posted 10/22/2015  5:37 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply


I prefer the old portrait, too.
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jbuck's Avatar
United States
187702 Posts
 Posted 10/22/2015  6:11 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I actually like the new portrait.

It makes me appreciate the old portrait even more. You know, the one used on the coins that form my complete 1938-2003 Jefferson nickel collection.
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