| Author |
 Replies: 32 / Views: 4,336 |
|
Valued Member
United States
50 Posts |
First I want to start with that I'm not sure if this is the correct topic to post this under, if it is not I apologize. My dad owned his own slot machine business from the late '70s or early '80s, until 2006. I've been going through all the coins that he had accumulated and have found quite a bit of valuable ones. Unfortunately, many of them have hopper marks or the grease and grime from the machines have discolored them, but for the most part I have also found many coins in very good condition. The most common type of slot was the $.05 machines. I have gone through, it's seems like, thousands of nickels. I have found approximately 75 to 100 nickels in very good condition with full steps ranging from 1946 to 2006. My question is, I have no idea what to do with them. I don't even know where to start. I was thinking of listing them on ebay or something, but I feel like there has to be a better option. Then I think about getting them graded, but I'm not sure if that would be even worth it. Should I go to a dealer? My local coin shop? Should I start to list them? Any advice would be appreciated! |
|
|
|
Pillar of the Community
 United States
6526 Posts |
I would start by posting some photos here. One or Two coins at a time ple ASE |
|
Bedrock of the Community
United States
19134 Posts |
Yes, photos very welcome--large and sharp (front and back). Thanks.
|
|
Valued Member
 United States
50 Posts |
I can do that, just takes me a little bit of time, I got to take the picture and hope that it actually captures the steps, crop it, and then reduce the image size. Please stand by!
|
|
Valued Member
United States
50 Posts |
|
|
Valued Member
United States
50 Posts |
|
|
Pillar of the Community
United States
7174 Posts |
Not an expert, I don't think any of these qualify as FS. And if they did, there is to many circulation scratches and dings on them to be worth more than 5 cents.
|
|
Valued Member
United States
50 Posts |
I can't spend any more time on all this today. I've only got my phone, so it literally takes me forever to do this. I can post more tomorrow or something, but I'm sure you get the gist of it. I have a ton more of them. I think my oldest is a 1956, Then I think I have a couple from 1960s, couple from 1970s a few from the '80s and the majority of them are from the '90s into the 2000's, before 2006. As soon as I find the one from 1956, I will post that one, and I have a really good one from 1978 I think, which I will also post as soon as I find it.
|
|
Valued Member
United States
50 Posts |
How would they not qualify? I've seen them in way worse condition... And nickels with scratches and dings in the steps themselves, but they still were graded with full steps, by agreeding company. Not talking MS grade, but still with the FS.
|
|
Pillar of the Community
 United States
8938 Posts |
The 96 and 98 are not FS, the rest are. Problem is they have no extra value with full steps due to the overabundance.
|
|
Bedrock of the Community
United States
10284 Posts |
Full steps only pertains to MS coins as far as I know. However, I would not throw an AU 69 D or 53 S (and a few other issues) with 4 to 5 steps back into circulation.
Modern Jeffersons often are found with well defined steps count.
|
|
Rest in Peace
United States
18456 Posts |
While some of those Nickels might be full steps , none of them are worthy of sending in for grading . As mentioned too many scratches and dings .  |
|
Bedrock of the Community
United States
62064 Posts |
I don't collect these. They usually want the coin graded, which to me in sham. It would cost more to have them graded, than what they are worth. So I don't mess with them. But on the pre-1989 nickels, there could be RPMs on the mintmarks. Here is a web site that shows what they look like on the years with the underline on them: http://www.varietyvista.com/05%20JN...Listings.htmTake a look at these files and see what to for on these. (RPM stands for Re-Punched-Mintmark)These are variety coins. So look at a few pages to see what they are. To me that is a lot less work, than the full step issues.  |
|
Pillar of the Community
Canada
6244 Posts |
Blondebear, I am collector. Those majority of the guys here are life coins, banknote dedicated. They live for, they live from.
Me first I will go studies a little about the varieties and errors of the nickels. I will see if I have for the period you mention some worth in NO MS. Then I will buy the catalog for the varieties and errors of the nickels. After this I will go to selection the coins by mint and years, then go for varieties. But thing, 30-40 $ for the book, 100$ a decent microscope, the time to select, the time to study, then do not forgot the preservation material. Another point you come it is FS. As the collectors the FS under MS64 you can forgot and even at 64 I will buy only if really I need to fulfil a hole.
It is up to you to decide. Anyways, welcome in a domain of everyday discoveries, history, beauty and challenges.
PS Please dot not look for the crazy stupid prices on some non sense online selling sites.
Edited by silviosi
03/13/2021 9:22 pm
|
|
Bedrock of the Community
Australia
21786 Posts |
What would be the value of a
full steps silver wartime nickel, in MS-64?
|
|
Pillar of the Community
Canada
6244 Posts |
Sel69I about those nickels of the war times let talk. Him say have 70's 80's.
|
| |
Replies: 32 / Views: 4,336 |
Posted 03/13/2021 3:19 pm
