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Modern Uncirculated Nickels - Gaining Popularity?

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Pillar of the Community

United States
1187 Posts
 Posted 06/23/2017  8:40 pm Show Profile   Bookmark this topic Add LibertyEagle20 to your friends list Get a Link to this Message Number of Subscribers
This was one of the first coin sites I used. I noticed they added a special section for modern nickels. They don't have a "modern" section for pennies, dimes, or quarters.

http://www.coinstudy.com/modern-jef...-values.html

"Decades old nickels still found in daily use and recent design changes both promote interest.". What are your thoughts? Are nickels really gaining in popularity? I wonder if they will change the composition soon..
Bedrock of the Community
United States
10284 Posts
 Posted 06/23/2017  9:01 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Nice bit of info there for those that are always asking what nickels are good to keep. I find the 92 P , 97 D to be surprising news to me. This still doesn't help out for grade difference between MS63 64 65 66 67 etc. and full step values for some like the 68 69 70 D & S nickels. Numismedia values Bisons higher.



Quote:
Are nickels really gaining in popularity?


I sure hope so


Quote:
I wonder if they will change the composition soon..


I sure hope not

Hey congrats on 1000 POSTS!

Edited by TNG
06/23/2017 9:04 pm
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 06/23/2017  9:14 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply

Quote:
Are nickels really gaining in popularity?


I seem to be expanding my interest more into nickels gradually my self. Just today finished moving my Jeff's into a Whitman albumand now have more holes I gotta fill! Just about done with LWC and LMC"s, time to migrate upwards!
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ElonU's Avatar
United States
703 Posts
 Posted 06/23/2017  9:21 pm  Show Profile   Bookmark this reply Add ElonU to your friends list Get a Link to this Reply
That's a nice read. I'm a huge fan of portions of the Jefferson series, but ones a little earlier than '65 :)

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sel_69l's Avatar
Australia
21786 Posts
 Posted 06/23/2017  9:32 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The alloy may change to copper nickel clad copper if the price of nickel goes up.

Would be cheaper if nickel plated steel.

What WOULD makes this series more interesting is if they issue far more commemoratives for circulation in this denomination, and issue them for collectors in .35 silver copper manganese, in both business strike and proof forms.

Even issue a few circulation coins in silver copper manganese !
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ElonU's Avatar
United States
703 Posts
 Posted 06/23/2017  9:39 pm  Show Profile   Bookmark this reply Add ElonU to your friends list Get a Link to this Reply
What sel said! I'd love to see a dip back to 35% silver, even if only for a short while. For some reason the wartime nickels are one of my favorite sets of coins!

And for pete's sake if that were to happen, put that big ole mint mark above Monticello again on the silver ones :)
Edited by ElonU
06/23/2017 9:40 pm
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Conder101's Avatar
United States
17884 Posts
 Posted 06/24/2017  10:19 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
The alloy may change to copper nickel clad copper if the price of nickel goes up.

Nickel plated copper would probably make more sense. In order to get the cost down you need to eliminate as much of the nickel as you can because it costs considerably more than the copper, and even apure copper coin with no nickel would still cost between 4.5 and 5 cents to make. I'd be concerned that a clad composition would still cost more to make than the face value, and even if it didn't it wouldn't be less for long.
Bedrock of the Community
United States
20753 Posts
 Posted 06/24/2017  11:30 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
For some reason almost all Nickels are just not a hot item for collectors except the Indian Head/Buffalo one. Jefferson nickels have always been sort of a nothing to collect coin.
Pillar of the Community
United States
1187 Posts
 Posted 06/24/2017  8:37 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
I did some more research and a truly complete Jefferson nickel set would be expensive.

-1938-1942 and the 1950s proofs
-the special 94 and 97 nickels

A basic circulation set seems pretty easy but to truly complete a full set would be expensive!
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iontyre's Avatar
United States
269 Posts
 Posted 06/24/2017  10:27 pm  Show Profile   Bookmark this reply Add iontyre to your friends list Get a Link to this Reply
I completed my basic BU set of Jeffersons this weekend by picking up a decent 1952 at the Baltimore Whitman show. I have all the regular Jeffersons from 1938 - 2005 in uncirculated and proof. I do not have the 1997 Matte proof, but I do have the 1994. I have a smattering of full steps coins, including some early dates, but everything except the 1994 matte proof is raw, unslabbed. Retail on this set should be in the neighborhood of $500. Nice, but my short set of silver Washington quarters (1941 - 1964) in uncirculated is probably more around $1000. I really enjoyed putting the Jefferson set together. I will probably be ready to sell it in about 5 years as I transition in to retirement.

FYI, other sets I have near completion (Uncirculated and Proof only issues):
Eisenhower dollars
SBA dollars
Silver Roosevelt dimes
Kennedy Halfs
Lincoln Cents

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GR58's Avatar
United States
11951 Posts
 Posted 06/24/2017  10:44 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I had a lot of fun putting my BU/proof Dansco Jefferson album together.

If I remember right, finding a nice 1939 D and 1942 D was harder to
find and cost a good amount.

I do like the 94 and 97 matte proof nickels.

Check out the price on the 1971 no S proof.
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jbuck's Avatar
United States
188105 Posts
 Posted 06/24/2017  11:39 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Nickel plated copper would probably make more sense. In order to get the cost down you need to eliminate as much of the nickel as you can because it costs considerably more than the copper, and even apure copper coin with no nickel would still cost between 4.5 and 5 cents to make. I'd be concerned that a clad composition would still cost more to make than the face value, and even if it didn't it wouldn't be less for long.
I feel that by the time they figure out what they can do to make everyone happy, especially the vending industry, the nickel will have crossed into the realm of the cent, where material cost is irrelevant because all other associated costs will be more than face value. It is probably best that we scrap both the cent and nickel.
Bedrock of the Community
United States
10284 Posts
 Posted 06/25/2017  09:14 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
In ten years time, maybe sooner, cash money will be pretty much obsolete. I hope that they melt it all down, use the metal for something more useful and redeem it for plastic credits. Most transactions are done electronically anyway anymore. Of course coin collectors will still have plenty to collect.
I hope they scrap it all. The plastic electronic money should be backed by gold, silver and platinum in a place called Fort Knox.
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jbuck's Avatar
United States
188105 Posts
 Posted 06/26/2017  2:42 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
The plastic electronic money should be backed by gold, silver and platinum in a place called Fort Knox.
Impossible. There is not enough precious metal in the world to back the US money supply.
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TheForce's Avatar
United States
4867 Posts
 Posted 06/26/2017  2:46 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply

Quote:
Impossible. There is not enough precious metal in the world to back the US money supply.


Time to start mining asteroids and other planets then...haha
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jbuck's Avatar
United States
188105 Posts
 Posted 06/26/2017  3:20 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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Time to start mining asteroids and other planets then...haha
Give it fifty to a hundred years and the price of precious metals will plummet.
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