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 Replies: 12 / Views: 1,745 |
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Valued Member
United States
92 Posts |
I bought this back in 1982 for $45.00. I thought it was a steal. They only made 41,000 of these and I thought it would go way up in value. All these years later and it only Grey Sheets for about $75.00 and only if I generously grade it as an XF. I wonder why? Image:  1888.jpg62.03 KB |
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Pillar of the Community
United States
764 Posts |
theres not much of a demand for Three Cent Nickels, other than from some particular people on this forum. the supply of only 41k is enough for the number of collectors interested |
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Moderator
 United States
16677 Posts |
Good looking coin but I agree with littleboy. Just not a huge demand. Just like my 1885 Half Dollar. Little over 5,000 biz strikes. Not a huge dollar coin.
swcoin.ecrater.com
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Pillar of the Community
United States
5318 Posts |
Collecting tastes can change, and with it--value of low-mintage coins. You never know...keep it because you like it!  |
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Valued Member
United States
202 Posts |
I don't mind. I'm finding that you can find a nice example of the 3 cent piece for an affordable price. I rather like the design myself!
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Valued Member
United States
442 Posts |
Yep, It's supply and demand in a nutshell. I like them and "toy" with the series myself. Some series' can lie dormant for years as your example shows. Tougher Two Cent Pieces "exploded" a few years ago. Glad I got mine when I did. I've always liked the design and own several myself. If you like them keep getting them while they're cheap. Perhaps some day...... |
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Pillar of the Community
United States
1984 Posts |
The reason it hasn't gone up in value is because you haven't sold it yet. Once you sell it, it will probably double in the next price guide. Happens to me all the time.
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Valued Member
United States
164 Posts |
Heck, if they are still so affordable you can buy up some more of the 41K issued and try to corner the market!!
Go for it!
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Pillar of the Community
United States
2540 Posts |
zoom: Nice coin. i have always liked these little pieces of history. however, I must agree. They just don't hold the collector base of other series. Some day they will just explode in value, as the Two Cent Pieces just recently increased, although mostly for the 1864 small motto and the 1872. But, we have to hope that when that day comes, that the value increases, that we'll still be around. Good luck. |
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Valued Member
 United States
92 Posts |
Halfabust - That is UNDOUBTEDLY what would happen. So - should I sell it and immediately improve the markets for all the other 3 cent nickel owners in the world or should I be selfish and hang onto it for another 26 years?
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Bedrock of the Community
United States
17884 Posts |
Hang on to it and keep the market down. I still need to buy an 84 and an 87.
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Pillar of the Community
United Kingdom
2217 Posts |
I thought I heard something about these 3 cent coins being one of the most undervalued types of coins at the moment?  If I were you I'd keep onto it and maybe it will start to appreciate in value soon. |
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Pillar of the Community
Canada
650 Posts |
I love 3 cent pieces I have a 65 and67 and enjoy them , I think it's just a thing that a lot of collector's can't relate to coins not found in their pocket. We all are familiar with 1,5,10,25,50,cent's and the odd $1.00 3 cent is odd to most people.
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Replies: 12 / Views: 1,745 |
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1888.jpg
Posted 11/03/2008 9:25 pm
