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 Replies: 11 / Views: 812 |
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Pillar of the Community
United States
588 Posts |
So yea it's amazing how many ppl just give me jars and bags of coins, without me asking for em, after I'll say something like, "hold up now I see some pennies", then tell em I recently got into collecting, and before I leave, bout half of em just give the whole jar/piggy bank to me! Al. That being said, this 2009 D Jefferson nickel was in a lady's jar of change (one of 3 jars/cups/bowls) sitting on top of her dresser! I was mostly focused on the pennies, but did throw anything from '60's back, into the take home bag, but I paid very lil attention to any new design nickels, so she must've tossed into my bag!?!? I noticed it a few stops away, but now I wanna go back to see if maybe more? These jars looked like they been there since '09, this nickel probably been right on top of her dresser for 12 years, just waiting for me to rescue!! Also, how long does it take low mintage coins, to start adding value? Guess the market drives all that, but maybe ccf could give me an educated guess   |
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Bedrock of the Community
United States
94367 Posts |
Depends on how low a mintage you're talking about.  |
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Pillar of the Community
United States
2189 Posts |
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Pillar of the Community
United States
1316 Posts |
"Low Mintage" is relative to other issues in this series. The Denver mint still made almost 47million of these in 2009. It won't be anytime soon that demand outpaces supply to drive much upward change in value.
Edited by Collects82
12/11/2022 10:48 am
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Moderator
 United States
96800 Posts |
Well in comparison to other years (2008-D minted 345,600,000 nickels, and in 2010-D it was 229,920,000 nickels. The 2009-D was at 46,800,000 - relatively low when compared to other nickels, but not really low in general terms. I don't see much value in this one - at least not for a lone time, and also due to its apparent damage that it is showing on it.
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Pillar of the Community
United States
1648 Posts |
You've been given some good info already by others. The circulation strike 2009 Jefferson nickels had extremely low mintages and sold at premiums ever since the coins started to appear in the channels of circulation. The 2009-P Jefferson nickel had a final mintage of 39,840,000 coins and the 2009-D Jefferson nickel had a mintage of 46,800,000. These represented the lowest mintages for circulation strike nickels since 1959. A graded example, and keep in mind it may cost around 17 dollars at PCGS plus other fees like shipping back and forth to grade and additional fees for a membership, is worth between 4 and 44 dollars depending on its final uncirculated condition grade, with a rare very top example going for 165 in MS66 condition. So a few top examples might have decent value that may additionally increase further over time due to the mintage, but unless its it prestine condition its really not of high enough value to seek out and send in to grade as most will come back in lower grades that dont really justify the cost of grading as the value afterwards is lower. So personally I might send in 1 or 2 of the very top ones with other submissions if I were knowledgable enough about grading to cherry pick the best ones but something like yours in circulated condition really doesn't justify holding it for value purposes. Edited by datadragon
12/11/2022 1:53 pm
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Pillar of the Community
United States
756 Posts |
regarding low mintage modern coins - its hard for them to really pop up in value. collectors are too savvy. the ones who want it already have it. everything is already saved en masse. I think I will be dead long before a circulated 2009 nickel is worth any meaningful premium. you can get roman coins with significantly lower mintages for under $5. even if it goes crazy and increases 500X you're still only talking about being able to buy a meal at mcdonalds. i think the 1996 - w Roosevelt dime is a great example. it is the lowest mintage of the Roosevelt dime series. its cheaper today than it was when it released. almost everyone who wants one has one and there are extras to go around. you need a significant increase in the collector base or a significant decrease in the supply for that to change. Edited by CarrsCoins
12/11/2022 2:28 pm
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Bedrock of the Community
United States
19183 Posts |
Yes, suggest not setting up an appointment at a BMW dealer for an X6 test drive.
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Moderator
United States
15459 Posts |
That is a well beat up circulated 2009-D nickel. As said above one of 47 million minted.
It will never have a numismatic premium and today, due to inflation over the past 13 years, has lower buying power than when it was minted.
Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
Canada
6244 Posts |
This Nickel was a lower mintage and the reason for this is clear and legitim. I do not understand the fact of lower mintage bigger value?!!!. I thing you can still buy from mint an set of 2009, so is nothing special. The mintage represent one coin for each 3 Americans. The dealers and the collectors has already bags of so who will pay a premium for?!!!!
If you look PCGS prices please thing twice. They do the prices according by theirs orientation and business but is not the grail.. Speculators play with the words and have the prices they want.
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Pillar of the Community
 United States
588 Posts |
no I wasn't tryin to retire with him, my question was simply conceived, while observing the # minted vs the value of the first 2 pages of my Wheat cent album, then looked at this guy right after, then my brain threw up on this forum, thats all the brain power that was put into that post |
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Bedrock of the Community
United States
10635 Posts |
Low mintage means little if the coin is beat up. Keep searching!  |
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Replies: 11 / Views: 812 |
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Posted 12/11/2022 09:59 am
