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BU Silver War Nickels

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Humanist1287's Avatar
United States
1108 Posts
 Posted 11/05/2024  06:13 am Show Profile   Bookmark this topic Add Humanist1287 to your friends list Get a Link to this Message Number of Subscribers
So, I just picked up my first "BU" condition Jefferson War Nickel. It was a 1944 - P. Cost me around 17 dollars.

Is this a decent price for an uncirculated grade War Nickel? I'm not trying to purchase anything slabbed or anything like that. Basically just looking to fill out my Dansco album with nice looking coins. This might be the most I've paid for so far for a single Jefferson nickel.
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United States
2213 Posts
 Posted 11/05/2024  07:08 am  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
Coin collecting it fun. You'll enjoy filling your album. As with most collectibles, condition is important and in large part determines value. If you could post pics so we could see it people could give a better opinion. You could look at sold listings on ebay to get a general idea of what they sell for if uncirculated or circulated, cleaned, etc.
Edited by livingwater
11/05/2024 07:12 am
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ijn1944's Avatar
United States
19112 Posts
 Posted 11/05/2024  07:09 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Please post full, large and sharp pics of the obverse and reverse. With these, we can better respond. Thanks.
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Humanist1287's Avatar
United States
1108 Posts
 Posted 11/05/2024  07:31 am  Show Profile   Bookmark this reply Add Humanist1287 to your friends list Get a Link to this Reply
https://www.ebay.com/itm/205065108231

That's the link to the ebay listing. I have been using this seller for awhile, and he has always been good. I'd say 9.5 times out of 10, the coins have always looked good with zero issues.
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Bud250r's Avatar
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824 Posts
 Posted 11/05/2024  07:44 am  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
Nice looking coin. And Dave is a very respectable dealer. I have purchased coins from him numerous times with no issues. You can get a better deal if you go to his website and buy.
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Dearborn's Avatar
United States
94672 Posts
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Humanist1287's Avatar
United States
1108 Posts
 Posted 11/05/2024  07:59 am  Show Profile   Bookmark this reply Add Humanist1287 to your friends list Get a Link to this Reply
Will do!

Really? I didn't know that! I will have to look into that.

I also love the fact that his location is in my home state, so it really doesn't take long to get my orders.

Edited by Humanist1287
11/05/2024 07:59 am
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Coinfrog's Avatar
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 Posted 11/05/2024  08:44 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
We'd like to see a pic!
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John1's Avatar
United States
56855 Posts
 Posted 11/05/2024  09:23 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Looks like you paid a bit too much IMHO,numismedia.com
Not a bad looking coin though.
John1
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Brandmeister's Avatar
United States
6451 Posts
 Posted 11/05/2024  09:26 am  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
A few thoughts here.

$17 seems like waaaay too much. A PCGS slabbed War Nickel in MS64 or MS65 runs $20-30. Even Full Steps nickels are not much more than that for most War Nickels in the series. Buying raw coins feels like it should be maybe $10, although you might have to be patient at that price point.

You have to be careful about laminations, corrosion spots, and poor strikes on War Nickels.

There are tons and tons of graded and ungraded War Nickels out there. The coins are popular, and many have been preserved in mint state. Be picky.

I have purchased from that seller myself. His pictures are good for seeing device structure, but the extreme glare and (apparent) color editing make it hard to see surface problems. Those washed out fields can be hiding all sorts of scratches and scuffs.

I would personally not buy $17 coins from a multi-listing where you don't get to pick the coin yourself. Looking at those three coins, two of them have black spots that could be dirt or corrosion. At that price, you should expect a problem free coin.
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Zurie's Avatar
United States
5661 Posts
 Posted 11/05/2024  09:38 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
It's always a bit risky buying with stock images, since it's likely you won't get any of the 3 coins depicted. Hope it looks nice when you receive it.
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Brandmeister's Avatar
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6451 Posts
 Posted 11/05/2024  09:48 am  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
https://www.ebay.com/sch/i.html?_nk...GS&LH_Sold=1

To help establish prices, this is recently sold War Nickels in PCGS slabs. I'm not saying that slabbed coins can't have condition or strike problems, but I just want to show that there is a sea of good quality coins out there.

Check out the listings by Bubba Sully, Fitted Shirt, and other shops. Their images are much more representative, and the coins shown are the ones you receive.
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Humanist1287's Avatar
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1108 Posts
 Posted 11/05/2024  09:59 am  Show Profile   Bookmark this reply Add Humanist1287 to your friends list Get a Link to this Reply
Ah, interesting. Thank you for your insight. For the most part, this seller has been really good.
However, there has been a few coins that IMO weren't quite up to snuff.
They were particularly good when finishing my set of National Park quarters, as they were still in the mint sets.
But, coins that aren't still in mint sets, they have occasionally had something wrong with them.

Also, there has been more than a few coins that look a particular way in the images, and then when I received the coin, have heavy toning.
Now, I don't really mind toning honestly. But I feel like I'd rather stick to coins the way I think they should look.
Some of the listings from this seller state "the coin in the picture is representative of the coin you will receive," or something to that degree.

Perhaps, for more expensive coins, I will go to an actual dealer. I had found one recently that seemed pretty good. Didn't buy anything though, as I didn't have any cash on me.
For the most part, the coins I have purchased from them have been quite good. I expect a bit less from a coin that is 10 dollars or under though I guess, compared to nearly 20 or 30 dollars.

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Brandmeister's Avatar
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6451 Posts
 Posted 11/05/2024  10:49 am  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
That's a reasonable approach. Take something like a Red Book or price cheat sheet.

I will say this—I was at a coin show this weekend, and the prices being asked for nickels, and for nice War Nickels specifically, were borderline highway robbery. Flips had $20+ on them, and the almost all the coins had major contact marks, outright rub, or verdigris/corrosion spots from contaminants or improper storage. I came away with zero War Nickels, which was a bit disappointing. Folks were asking $5-6 for badly worn and green-gray War Nickels that I have sold on ebay for $2.25 with free shipping.

Be picky. Take a loupe or magnifier, take your time, be picky. That's my advice. There are some Jefferson nickels where it's hard to get an attractive, problem-free coin at a good price. War Nickels are the polar opposite. Genuinely no need to compromise.
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John1's Avatar
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 Posted 11/05/2024  11:27 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Never use the Red Book for coin values.
John1
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Humanist1287's Avatar
United States
1108 Posts
 Posted 11/05/2024  11:33 am  Show Profile   Bookmark this reply Add Humanist1287 to your friends list Get a Link to this Reply
I'm not really entirely sure if there are any coin shows around my area
Also, from what it sounds, some coin dealers will work with you, cut you deals, etc, depending on what you buy or how much?

One of my problems is haste.... I like to try to fill out a coin book quickly. But I determined this time, since the Jefferson nickel series (38-05) is such a long and pretty relatively inexpensive set, I'll take more time this time around. I filled out my "BU" National Park quarter album in like two months and I would not do that again. I'm also working on a Buffalo nickel album, and that will definitely take some time, since many of the coins are harder to find it seems and more expensive.

So far, the most expensive BU Jefferson I've found, at least from this seller, was the 1939 D. I believe it was around 90 dollars.
I've also bought a few circulated coins from him, well Jeffersons anyways. I don't mind buying things like Buffalo or V nickels, as I don't expect to purchase those in BU condition.


Edited by Humanist1287
11/05/2024 11:33 am
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