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 Replies: 38 / Views: 4,368 |
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Valued Member
 Canada
224 Posts |
Here are some more worn '54s, but have a less harsh halo around Elizabeth (not shown). Totalling at 15.  |
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Valued Member
Canada
224 Posts |
Vf-30s, totalling at 11 nickels.  |
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Valued Member
Canada
224 Posts |
Ef's and AU's totalling at 21 nickels. One appear to be AU-55, what a beauty!   |
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Valued Member
Canada
224 Posts |
Also got 7 nickels sorted out, 3 have a dot at the end of the right maple leaf and the rest have a die chip on the top.
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Rest in Peace
United States
17900 Posts |
Simply ask the dealer what they will pay. Accept the offer, if there is one, or decline.
Dealers don't get into profit splitting. They buy and they sell.
In the future, you might be better off finding out if what you have has any value before investing a lot of time and plastic bag money.
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Pillar of the Community
Canada
2845 Posts |
On the general topic of getting old coins from banks... certainly it's every collectors dream to get their lucky hands on an old coin stash for face value. It got deposited at a bank, who knows the source, maybe grandpas passed away and the survivors had no inkling of the great value. Yeah, don't we all wish.
On the other hand, what do avid collectors and dealers buying large lots do who intend to cull coin worth about only face, knowing that certain low grade non-precious metal coins regardless of age are still almost as commmn as dirt? They get rid of the excess by depositing it at a bank, believing it will get melted. While this might seem wasteful to some, to others it's a means of improving the overall quality and reducing the huge excess of the remainder of the denomination.
Mike9999 just guessing but there's a high likelihood that a dealers deposit was already the source of your find. And by you buying it, you saved a head bank teller the work of shipping it out within the ARP. Not criticising your enthusasim, but just a point regarding why not all coin bought from banks at face value is a lucrative find.
Furthermore, those rolls of '54s could have been bought and been repostied countless times already.
Customer to bank teller - "Got any old coin?."
Teller - "yeah as a matter of fact I think we do."
Customer buys it at face, takes it home, looks through it, nothing of value, redeposits it, maybe in a different bank.
Scene plays out over and over.
Edited by wildflowerAB
01/02/2017 10:31 am
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Valued Member
Canada
224 Posts |
These four rolls came with 11 other rolls:
-a full roll of '59s
-a full roll of '58s
-a full roll of '55s
-a full roll of '53s
-a full roll of '52s
-a full roll of '51s
-a full roll of 1940
-a full roll of 1938
The rest were various;
-less than half a roll of '37s
-less than half a roll of '39s
-less than a roll of '41s
-less than half a roll of '42s (no tombacs)
-a '44 victory
-a '45 victory
-few '46s
-few '47s
-few '50s
-a single 51 comemmorative
Now moving on in the 60s, we have a lot of AU's
-about half a roll of 1960
-about half a roll of '61s, some AU
-about half a roll of '62s, some AU
-7 '62 double-date nickels, some AU
-about half a roll of '63s, some AU
-about half a roll of '64s, some AU
-a few '65s, some AU
-a few '66s, some AU and MS
-a proof-like MS centennial 1967 nickel
-a few '68s, mostly scrap due to high mintage
-a few '69s, all AU
-two 1970 in EF, but are attractive and low-mintage
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Pillar of the Community
Canada
1461 Posts |
It will be an FV item to a dealer. I house anything under MS in my .25 cent bucket and lucky to get a dime here an there. That includes WWII nickels as well..
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Pillar of the Community
Canada
1505 Posts |
It sounds like most of what you have is FV maybe a slight premium if you are lucky enough to find buyers. You could try to do some date sets, those can sell sometimes. It does not sound like you have anything of substantial value in the roles. But the time/cost to do it is likely prohibitive unless you have lots of free time. I am not trying to be discouraging, but it sounds like you have a ton of product, that in all likely going to average in 2-3x FV if you are really lucky and spend a ton of time. Maybe try ebay as one or two big bulk lots, start the auction at 2x face and see where you end up. Shipping might be prohibitive on this one though. Good luck with whatever you decide. |
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Valued Member
Canada
224 Posts |
There's the one option that I'm personally liking: I simply keep them. Since I found them they have gained 0 wear thanks to the bags, and will continue to be so as long as they remain there. Theoretically, if I let them sit for a long time, they should rise in value as others gain more wear. Only speculation though.
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Pillar of the Community
Canada
1046 Posts |
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Pillar of the Community
 Canada
5394 Posts |
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Pillar of the Community
Canada
891 Posts |
You say you got them all at the same bank? It could be possible that some collector got rid of a bunch that were pretty much face value. I have gotten rolls like that before. Took them right back to the same bank and cashed them in, not worth fooling with. Just my 2 cents
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Valued Member
Canada
224 Posts |
But a full roll of '38s? The second lowest mintage of all the beaver nickels? Hard to believe it. And the double-date '62s throw out the idea further. Coins and Canada is not accurate due to shipping costs on ebay. |
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Valued Member
Canada
224 Posts |
I am keeping all Canadian nickels from '37-42,'46-'51, and '55-'81 as they are all made of solid nickel, making them worth 6 cents a piece (but saw a high of 20 cents not too long ago)
There was only one '54 that I just said NU. Rusty, scratched, worn. I spent it on another nickel xD
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Replies: 38 / Views: 4,368 |
First Page
Posted 01/02/2017 08:49 am
