Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Ok, I Just Got $200 In Nickles From Bank, Here R The Findings

To participate in the forum you must log in or register.
Author Previous TopicReplies: 36 / Views: 3,781Next Topic
Page: of 3
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 02/21/2008  11:01 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I will leave that up to you. I think even the XF grades would be worthy of keeping.
Moderator
Learn More...
jbuck's Avatar
United States
188952 Posts
 Posted 02/21/2008  11:26 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Since there were no mint Sets to free the MS level coins from, the 82 and 83 have a conditional rarity. That is, MS coins from these dates would need to have been saved by a collector from circulation in that state.

I agree with nds76, even XF-AU grades might be worthy of keeping, since some collectors may have to opt for lesser than MS grades to fill the 82 and 83 holes.
Edited by jbuck
02/21/2008 11:27 am
Pillar of the Community
cladking's Avatar
United States
2272 Posts
 Posted 02/21/2008  11:30 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
"So......'82 & '83's should NOT be saved unless one finds an amazing conditioned coin ? Average conditioned ones should just be pitched back then ? Because, I have a feeling that I could end up putting together 10-20 rolls of those years in average to poor condition......... but if no one would ever want these, then it'd be a waste of time to do that, in your opinion ?"

It's not so much no one will ever want them as that they'll "always" be available. The coins that are nice now will wear down to more typical condition so they'll be around for decades or until the government melts them for their metal.
Time don't fly, it bounds and leaps.
Bedrock of the Community
United States
20753 Posts
 Posted 02/21/2008  11:39 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
For one thing your lucky. People that roll search are going through coins that have been usually returned to a bank, run through a counter machine, sent in bags to an organization that rolls coins, they do run them through a counting machine to verify what they received. Then they are run through a rolling machine. No, people don't sit there and carefully roll them. By the time this is all done those coins have been scratched, dented, etc.
Your lucky in getting them prior to all that. If possible, never get rolls, always ask for a bag.
As to what to look for. Naturally any Nickels prior to the Jefferson nickels. Then you really should have a copy of the Red Book to see what is a low mintage coin. I suggest you acquire a few Albums, not folders, for sets of those Nickels. Sort them out by dates and Mint marks.
Note always look at both sides for errors. If you had the Red Book there is a listing with photos of errors on pages 390 to 394.
Good luck.
Pillar of the Community
eaglefoot's Avatar
United States
6326 Posts
 Posted 02/22/2008  4:51 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Okay.....here is the "findings" report.
3- '39 (no mintmark)
5- '40 2-"D" 1- "S" and 2 no mintmark
5- '41 (no mintmark)
1- '46 "D"
3- '47 1-"S" and 2 no mintmark
1- '48 no mintmark
2- '49 1-"S" and 1 no mintmark
1 '51 D
4- '52 2- "S" and 2 no mintmark
3- '55 D
2- '56 D
2- '57 D
6- '58 D
6- '59 D
5- '60 D
1- '69 S
1- '70 S
1- 2005 Canadian
There it is....out of $200.00 ! No buffalos, V nickels, AND NOT ONE War Nickel ! Dang ! I'm steamed ! That was a lot of work and now I'm not looking forward to doing nickels anytime soon again. Does anyone think this was a good productive search ?
Yesterday late afternoon I called my main branch bank and ordered a box of Halves ! They said it would be there on Monday ! Didn't expect that so soon ! But I'm looking forward to scoring some silver with those ! I feel like I got completely SKUNKED on the nickels ! Hmmrrph !
Pillar of the Community
cladking's Avatar
United States
2272 Posts
 Posted 02/22/2008  6:39 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
Anyone looking for old coins in circulation is going to be disappointed. If you just want scarce coins you can find lots of them.

Your best bet for old coins is to find a bank with a supply of St Gaudens they'll give you for face value. ...or maybe a bag of large cents.
Time don't fly, it bounds and leaps.
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 02/22/2008  6:41 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Save the older dates and keep going to your bank for more boxes. Then on ebay you can sell some older dated rolls.
Pillar of the Community
jeremymh's Avatar
United States
543 Posts
 Posted 02/22/2008  9:06 pm  Show Profile   Bookmark this reply Add jeremymh to your friends list Get a Link to this Reply
If you want to make a few bucks off of those 4,000 nickels you should put them aside for a while, their current melt value is a little over $00.07 cents each. Total melt value of all them is $280.00! And no matter what, prices on everything go up eventually, due mainly to inflation and with inflation at %5 percent, the price will double in 12 years!
Valued Member
robert18's Avatar
United States
57 Posts
 Posted 02/24/2008  01:35 am  Show Profile   Bookmark this reply Add robert18 to your friends list Get a Link to this Reply
I just recently got back into this hobby and recently discovered the joys of coin roll hunting, I have only done $50 of nickels but in those $50 I found two dateless buffalos and about ten pre 1950 dates (sorry I'm at work and don't have the exact #) and 1 Canadian nickel, By what I'm reading on here I got pretty lucky with two buffalos in $50.

Are dateless buffalos worth anything at all?
what the hype on Canadian nickels?

Sorry I'm new so these questions are probably elementary.

thanks for the help
Valued Member
dave2095's Avatar
United States
64 Posts
 Posted 02/24/2008  04:43 am  Show Profile   Bookmark this reply Add dave2095 to your friends list Get a Link to this Reply
Dateless Buffalos are worth about 25 cents around here. As for the 1982 and 1983 nickels keep them only if they are in AU-55 or better shape since the Mint didn't make any mint sets for those years.
Valued Member
GFR3's Avatar
United States
473 Posts
 Posted 02/24/2008  08:23 am  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
Rob,

2 Buffs in $50 is great! I find less than 1 every $100. Hang on to the Buffs, even if they are dateless. After you get enough of them, you might want to consider restoring the dates via chemicals--doesn't help the value but can fill some holes in the mean time. I have maybe 10 or so (mostly from roll hunting) that I plan on restoring very soon. Its pretty exciting wondering what dates I have waiting to be found.

As for Canadian Nickels, there is really nothin special to them. They're worth basically the same as American Nickels. though pre-82 Canadian are worth more due to Nickel content. I'm having a great time building a collection of them exclusively from Rolls of Jeffersons...though I did end up trading a couple early Jeffs for early Canadians the other week.

--Gary

Pillar of the Community
eaglefoot's Avatar
United States
6326 Posts
 Posted 02/26/2008  08:57 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I still haven't got my Fed Res. box of halves yet that I've ordered. For awhile, I've given up on the "nickels" ! I've got 50 some silvers from half searching and am excited to continue that.....never orederd a box before so this will be my first. I've cleaned about 9 cities out of their silver (halves) and now am left to "order" them............can't wait for that full roll of "Walkers" or some "Benjamins" !!!
Valued Member
Neffchiro's Avatar
United States
55 Posts
 Posted 02/26/2008  11:15 am  Show Profile   Bookmark this reply Add Neffchiro to your friends list Get a Link to this Reply
I've been through about $800 in nickels and no buffalos...yet. I've not given up hope! I've found a Liberty Head nickel (1902) and some Chinese currency (Wu Jiao) and 4-5 silver nickels. I get so excited when I tear open a roll and wonder if my first circulating buffalo is in there!
Eaglefoot, your results are pretty similar to my averages for 2 boxes of nickels.
Pillar of the Community
j_h_s's Avatar
United States
1934 Posts
 Posted 02/26/2008  11:29 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
Eaglefoot...I have lists of varieties/errors posted on my wall for various coins, including one with about 100 variety/errors on Jeff nickels up until 1971. Double-edged sword, that.

Anyway, for rudimentary purposes on the important dates to look for, I use, https://www.pcgs.com's price lists because it was recently updated and includes a substantial number of the important varieties. Ignore the price quotes, though...theyre very high.

Here's the nickel price guide.

http://www.pcgs.com/prices/PriceGui...il.aspx?c=83
Pillar of the Community
j_h_s's Avatar
United States
1934 Posts
 Posted 02/26/2008  11:35 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
last hyperlink was for buffaloes. this is for jeffersons

http://www.pcgs.com/prices/PriceGui...il.aspx?c=84

  Previous TopicReplies: 36 / Views: 3,781Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.47 seconds to rattle this change. Forums