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 Replies: 20 / Views: 2,987 |
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Pillar of the Community
United States
984 Posts |
The one type of coin I still get in change that dates back to the thirties is the Jefferson nickel. I got a 1942-d jefferson in change the other day and occasionally get a War Nickel. I often get 40's and 50's nickels in change so with some effort I think you could almost complete a collection of jeffersons. I know you could complete sets of more modern coins . But you get the idea? Agree or disagree? Is there a denomination I missed besides memorials? |
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Moderator
 United States
15409 Posts |
I completely agree. I spent several years searching nickel rolls from my local bank and did indeed complete the entire Jefferson nickel series date & mm set at face value. Takes a lot of patience - but it can be done. Here is my 2015 thread full of data when I completed the search at 320,800 nickels searched: https://goccf.com/t/198187 |
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Bedrock of the Community
United States
19146 Posts |
I have three full sets built from circulation. The fourth set is about 95% complete--just plugging along.
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Pillar of the Community
United States
4085 Posts |
The flip side of is that you can buy a complete set of Jefferson's for $40-50, so do it for the thrill of the hunt, not the monetary gain.
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Pillar of the Community
United States
3207 Posts |
Even now you'll go through lots of 1964 nickels, but a complete set can be found. Omit the lower mintage dates and you can probably complete an AU and up set as well.
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Bedrock of the Community
Australia
21786 Posts |
Phase 1. One of the easiest collections to start is take a coin of every date, mm, design and denomination out of circulation from pocket change. Phase 2. When new additions become few and far between, get into coin roll hunting. Include all obvious error coins. Phase 3. When further new additions become few and far between, start looking on ebay with a low budget. Phase 4. With American coins, it would be good to extend your collection by date back as far as you can to the earliest. That is what I have done with Australian coins, 1966 (when Australian coinage was decimalized), to current. I have included all commemoratives issued into circulation. I am now 6 years into this project. I have no intention of getting into phase 2, 3, or 4. Several hundred coins so far. Total cost? - face value only. Upgrading along the way will become necessary. |
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Moderator
United States
188130 Posts |
Quote:
Agree or disagree? Agreed.  There are few Jefferson nickels that are tough to find, but the 1950-D might be the toughest. Tough, but not impossible. Many have been found and reported here on CCF.  |
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Pillar of the Community
United States
2953 Posts |
That is what Robfindstreasure on youtube is currently doing, coin roll hunting bank boxes to see how many nickels it takes to complete a set.
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Pillar of the Community
 United States
984 Posts |
I completely agree. I spent several years searching nickel rolls from my local bank and did indeed complete the entire Jefferson nickel series date & mm set at face value. Takes a lot of patience - but it can be done. Here is my 2015 thread full of data when I completed the search at 320,800 nickels searched: http://goccf.com/t/198187 I must admit I really enjoyed reading your posts on searching coin rolls. Surprisingly I am a math teacher and fully appreciate and commend you for such detailed statistics. That is a truly amazing story at least for me. Maybe you could figure out the statistical probability (not really) of finding someone as determined as you were and apparently still are. This is truly impressive and I mean that! This makes me want to see how much of the series I could complete. However one collection at a time. |
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Bedrock of the Community
United States
94367 Posts |
Must agree, spending hours searching rolls to complete a $50 set makes no sense. |
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Bedrock of the Community
Australia
21786 Posts |
A different approach:-
How becoming a small 's' silver stacker?
By that, I mean buying 90% dimes for a percentage x Face?
Some advantages to this strategy:
You get the greatest number of silver coins for each dollar invested,
You can can examine each of them them closely for a) die variations, and b) errors,
You can build a date / mm set,
If you end up with hundreds, or even thousands of them, you can pick out the very best of them for a higher level of numismatic investment.
You can always recycle some of the money you have invested by selling unwanted silver at multiple x face, at a time when the silver spot price is advantageous to you.
Edited by sel_69l
09/14/2021 9:37 pm
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Pillar of the Community
United States
2520 Posts |
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Must agree, spending hours searching rolls to complete a $50 set makes no sense. Folks, Let's remember that coin collecting is a hobby and many, many of us collectors started out searching pocket change and rolls to fill our blue Whitman folders. If we didn't enjoy it, we probably wouldn't do it. You also have to be open to the fact that you will find more than "just a set of Jefferson nickels" as you search. Along with the 4 complete sets I found, another 4-1939D's, 1271 War Nickels and 3- 1939 DDR's. Then there's the 7-8 rolls of full date buffaloes (some better dates like 1927S & 1931S) & countless rolls of partial & no dates. My oldest find was a 1883 with cents. For a novice collector, or somebody wanting to get their kids interested in the hobby, nickels are worthy of searching. |
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Moderator
United States
188130 Posts |
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Must agree, spending hours searching rolls to complete a $50 set makes no sense. It is the journey, not the destination. |
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Pillar of the Community
United States
1213 Posts |
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For a novice collector, or somebody wanting to get their kids interested in the hobby, nickels are worthy of searching. I agree completely, ratman. |
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Moderator
United States
188130 Posts |
Searching nickels is better than pennies because the cent should have been long gone from circulation.  |
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Pillar of the Community
United States
984 Posts |
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"Searching nickels is better than pennies because the cent should have been long gone from circulation." Although you are 100% percent correct, it is my opinion that most Americans just won't let go of the penny for what ever reason. Look on the ground at any store ,school, fast food joint and you will see pennies everywhere. No respect for money, I always pick them up and put in a jar and every year I have around 20 dollars (although this includes nickels, dimes and quarters). From there I redeem and purchase scratch tickets and always with no luck |
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Replies: 20 / Views: 2,987 |
Posted 09/13/2021 7:50 pm
