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Replies: 20 / Views: 4,559 |
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Valued Member
Canada
95 Posts |
*** Edited by Staff to clarify topic title. Titles are important! ***Hi again. So, as I am coming to the end of evaluating my entire Canadian nickel collection, I realized that I actually have very few of any value. However, I have a ton of MS ones that just look amazing, but are of no value. With that said, would it be worth my while to put together folders of MS coins in each denomination, one of each year, starting from the beginning with the Victoria ones, all the way up to Elizabeth? Is this something that collectors might be interested in? Not just for nickels, but for every denomination?
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Pillar of the Community
United States
4212 Posts |
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Valued Member
 Canada
95 Posts |
That's awesome, Fioti. Thank you. I supposed I could just search ebay for each denomination as well. GREAT! :)
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Pillar of the Community
Canada
822 Posts |
Well, I'm confused. MS = no value? Are you confused what MS is ? If your Geo V 5 cent coins are MS then it would mean they are mint state uncirculated, like photo 5 I posted, and would be $75 or more each, which to me would not be "of no value". What do you consider MS ? Then you post that you have MS coins of all dates and all denominations (1 cent to what ?). That's quite a leap from nickels. Is there some leg-pulling going on here ? I'm getting skeptical of the collection. The only photo we've seen so far from you is a F/VF, damaged nickel for which you were asking for a grade. Please post ANY one of your "amazing" ton of "MS" coins. Put your finger on the edge so I know it's not just a photo taken off the net.
Edited by TerryT 10/03/2019 11:51 pm
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Pillar of the Community
Canada
2781 Posts |
As above, lots of people here would be willing to help re-assess the collection, just need some more details.
I assume the MS nickels "with no value" are more modern issues? As TerryT stated, george's in MS do have value.
Is this something that collectors might be interested in?
to answer your question, YES. obviously collectors would be interested in complete or nearly complete mint state sets, and even non mint state sets especially if they run back to the vicky era.
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Valued Member
 Canada
95 Posts |
TerryT, I am taken aback by your aggressive response. If you are an example of the majority of individuals in here, then I have no desire to stay. You cannot assume that everyone in here has knowledge and experience with coin collecting. I think it is important that you know that I am completely new to this. I used to get involved with my father and his collection when I was younger and lived at home, however, it was only something I did with him. I have recently lost my father and received his collection, and I am now trying to grasp all the terminology and understand exactly what I have and what the process should be for me, going forward. I may be incorrect using the MS term, vs. the Proof term. Rather than passing judgement and assuming the worst, maybe next time, you can have a little more patience and inquire rather than assume.
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Valued Member
 Canada
95 Posts |
What purpose would I have to waste time in here with photos taken from the internet? I mean...really?
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Valued Member
 Canada
95 Posts |
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Pillar of the Community
Canada
1505 Posts |
Squirmasaurus - You should probably take some of your own advice, in terms of "assuming" things. I do not see TerryT's post as "aggressive" and/or intending to be mean and neither are the "majority" of members. Nor I have seen any evidence in your other threads that people are being what I would consider to be "aggressive".
You are new and will sometimes ask questions that might not be worded in the best way, people will correct you and ask more questions, that is how we learn. I have asked many questions that were not clear or even very good for that matter. TerryT gave you a nice framework to sort your nickles in another thread, you should probably start by reporting back what you found. Others have provided you with links to great resources.
Your question is confusing on many parts, for example a MS collection of Victorian to present of 5 cent pieces can easily be worth $40-$100k. You stated that you found little of value in your coins, but asking if it is worthwhile putting together as full set to sell is confusing, especially when you are talking about all denominations. Are you talking about buying then reselling? or selling what you have? It is unclear.
To your point on why would you "waste your time..."? I am not assuming that you are one, but Trolls exist on the internet and in forums, they come on here every once in awhile and try to disrupt thing, ask repetitive questions or to waste people's time. I don't know why they do that, but they do. Maybe they don't have a life/friends and/or other interests.
This is a great resource for those that want to learn more, but a lot of that learning is doing some research and asking questions. People on here share their time and experience on a voluntary basis.
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Valued Member
 Canada
95 Posts |
purely wasted, thank you for this information. I did receiving an amazingly detailed response and suggestions on how to go about evaluating my nickel collection. However, I was quite discouraged by his choice of words above. Maybe because I felt stupid in stating that I had MS coins, when it is obvious that I really do not know how to evaluate them at all, no matter WHAT I have been reading and researching. With that said, I took them to a coin dealer in Ottawa and she said that I had nothing of value, however, when I look at the current prices for nickels in excellent condition on the Coins and Canada site, and then compare the prices to the current ones being sold on ebay or auctions, it tells me otherwise. Anyways, I have attached 3 pictures, for reference purposes only, to show what I have done, to date. I have a binder of all my nickels from 1922 up to 1960. 60's, 70's and 80's are in plastic pill containers and 80's and above are in the photographed wooden box. I just don't want to spend a lot of time, like I already have, organizing nickels that would be best to just roll and take to the bank. It is all very overwhelming.   
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Pillar of the Community
Canada
1505 Posts |
It's tough, there is value in MS coins 1950+, but the problem is there are few buyers compared to tons of supply. For a dealer, they probably have more than they will ever need in stock and won't even offer face value because there only way to monetize is to take them to the bank. Dealers like the high value stuff because it is the only way to make a business viable. Some hobbyist sell recent ms coins, but sales are relatively few and far between. Maybe you can package 20 nickels and sell for $10, but is that worth an hour if your to photograph, put on ebay, package and sell? Many will say no. You can sell piecemeal at $2, but will only sell a few.
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Pillar of the Community
Canada
2781 Posts |
not wanting to totally derail the thread, but I also read TerryT's response as a bit condescending, which is why I tried to soften my response in order to get back on a better track.
the internet, and typed text in general, is a danger zone for misinterpretation of someone's chosen words and intentions. with no vocal connotation & emotion it can sometimes be difficult to determine what message is intended (on either side of a conversation).
YES, we get a lot of new people coming here for advise and then arguing about what they are told, some are either very young, misinformed, and/or just plain trolls. others may simply misunderstand terminology, grading standards, or just not be used to blunt responses! (patience can be on short supply after answering the same questions 100s of times after all)
either way... the reason I stuck around this community is because we are a helpful bunch and are all "in it together" to make the hobby and CCF a better place to be, let's get back to that hmm?
Edited by Wade 10/05/2019 8:45 pm
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Valued Member
Canada
395 Posts |
Definitely just a misunderstanding, grading comes from experiences and especially a person who inherits a collection probably isn't able to identify anything on the sheldon scale. Another problem being alot of new collectors might refer to an MS coin but they are actually trying to differentiate the strike type thinking it identifies a business strike.
It does indeed look like there is nothing of high value in the collection but why not try a local club. I see the Ottawa coin club is probably an option for you, I am not from Ottawa but there are many here who are a part of it. I know I would help someone who came into my local coin club regardless of the value of the collection.
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Valued Member
 Canada
95 Posts |
Thank you so very much for the encouragement. I totally understand how easy it is to misconstrue conversations because chatting online is so one dimensional. Is it worth me going through the box of newer nickels, to look for a 1990 or 1996 or anything else that has value in MS or proof condition?
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Pillar of the Community
Canada
999 Posts |
Given that you said that all the nickels in the box are 1980's and later, it is probably not worth your time to go through that box and closely examine each one. Given that they are all tossed in together like that, it looks like they are from change or circulated bank rolls, in which case they would only be worth 5 cents each.
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Valued Member
 Canada
95 Posts |
Thank you so much, Cdncoins. That helps a lot! :)
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Replies: 20 / Views: 4,559 |