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What Do I Do With All My Pre-1960 Nickels?

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New Member

United States
32 Posts
 Posted 11/15/2022  4:43 pm Show Profile   Bookmark this topic Add davidtcc to your friends list Get a Link to this Message Number of Subscribers
When I first started searching nickels, I read that people kept pre-1960 nickels. So, I did that too without really thinking about it.

I've filled all but 6 or 7 holes in my album. In the mean time I gathered maybe 700 non-silver, pre-1960 nickels - all from circulation.

But now what? They seem like they are just taking up space. Should I just dump them back into circulation? Is there something better to do with them?

Valued Member
United States
283 Posts
 Posted 11/15/2022  4:49 pm  Show Profile   Bookmark this reply Add Nycstlrr to your friends list Get a Link to this Reply
I just throw all of mine in a big soda bottle bank, for the grandkids. Probably not the answer your looking for. Guess it all depends on if you want to keep them or use them to upgrade your collection by dumping them and picking up a few coins you need.
Edited by Nycstlrr
11/15/2022 4:51 pm
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ijn1944's Avatar
United States
19155 Posts
 Posted 11/15/2022  4:55 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
I was in a similar situation a few years ago. After filling holes with the very best examples, I rolled the rest and took them to the bank.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/15/2022  5:41 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
If they're average circulated and not scarce, spend 'em.
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Spence's Avatar
United States
34409 Posts
 Posted 11/15/2022  7:38 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
Should I just dump them back into circulation?


This gets my vote.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 11/15/2022  8:30 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Well I have never stopped saving pre 1960 Jefferson nickels since 1963 . To our present date and still saving them . Why ? , I guess way back then I thought they would be sort after some day . Roll them and dump them at your bank .Or put them on e-Bay by the mixed date& mint rolls or by entire hoard . There are plenty of newbies that will gobble them up at a price .
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nickelsearcher's Avatar
United States
15428 Posts
 Posted 11/16/2022  05:34 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I had several thousand of them by time I finally complete my Jefferson CRH set from bank rolls. I separated out the 'good' ones and returned the rest to the bank.

FWIW - the 'good' ones I kept were the nine Jefferson with annual mintage below 10 million, all of the War silver and any Buffalo.
Take a look at my other hobby ... http://www.jk-dk.art
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jbuck's Avatar
United States
188415 Posts
 Posted 11/16/2022  10:00 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have kept every nickel over the past decade or so, but the accumulation has almost stopped growing the past two years. It is hardly a hoard by most standards because the last decade has seen me shifting hard to cashless transactions.

My goal is to find a YN among my local "friends and family" who might want to look through them. This probably goes for the pre-1982 cents I have kept over the same time, although I kept those primarily to escape the melt.
New Member
United States
32 Posts
 Posted 11/27/2022  12:26 pm  Show Profile   Bookmark this reply Add davidtcc to your friends list Get a Link to this Reply
Thanks all for the feedback.
I'm going to pull out the obviously damaged ones and toss them into circulation.

If there's enough of the others, I'll probably just post the lot on ebay with a small markup over face value to cover the hassle.
Wish I knew someone local who might be interested in them.

In the future, I'm not going to keep anything without a specific reason for doing so.
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 11/27/2022  1:13 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
If you had enough posts under your belt, I would have taken any of your no problem Nickels at a small price .
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