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Lines On Nickels?

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Bedrock of the Community
United States
10284 Posts
 Posted 07/08/2009  6:23 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
Hey thanks Mike, Do these have any error or collector value?
Valued Member
paul's Avatar
United States
213 Posts
 Posted 07/08/2009  9:49 pm  Show Profile   Bookmark this reply Add paul to your friends list Get a Link to this Reply
I'm guessing not.
See, I have noticed a trend. If I think some type of coin is worth collecting, they become worthless. I find clipped planchet coin awesome. Clipped planchet coins are near worthless.
I think Wide AM pennies are a suckers piece. However, they sell for absurd amounts of money.
I think these lines are cool, ergo, these coins are worthless.

Such is life.
Valued Member
United States
224 Posts
 Posted 07/09/2009  12:25 am  Show Profile   Bookmark this reply Add huntsman53 to your friends list Get a Link to this Reply
Paul,

These Nickels with the lines are probably worth holding on to! You just never know when someone will come along that actually collects them! I don't understand why you feel that Clipped Planchets are worthless! Yes, very small Clipped Planchets on somewhat modern Cents bring very little value above face value. However, certain coins such as Mercury or earlier Dimes, Buffalo or earlier Nickels as well as some Quarters and Halfs with Clipped Planchets can bring some very high premiums depending on how deep the Clip is into the coin. Check out some of these same denominations minted in the 1800's with Dates that have say a 30% Clipped Planchet to see what they sell for on ebay and elsewhere.


Frank

Edited by huntsman53
07/09/2009 12:26 am
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 07/09/2009  10:06 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
If I think some type of coin is worth collecting, they become worthless. I find clipped planchet coin awesome. Clipped planchet coins are near worthless.

Look upon this as a blessing. If you really like something (They're awesome!) and the general collecting population thinks they are worthless, you can amass a huge pile of them for very little money.

And one thing I have noticed is that cheap things don't tend to stay cheap. Back when I started collecting Unc Conder tokens were $2 each. Mint Red were $3. XF-AU's were 50 cents. Today it's hard to touch a MS piece for under $125 and Red pieces run close to $200. AU's cost in the $50 to $60 range. When I started collecting my Draped Bust cents, common Goods were $10. Today they list for over $100. I'm sure everyone here has stories of things that were cheap when they started collecting, or should have started collecting, that are now costly or even out of their price range.

So if something you really like is "worthless", go ahead and collect it. You have nothing to lose, they will never be cheaper, and you may make out like a bandit.
Valued Member
MikeThePenny's Avatar
United States
321 Posts
 Posted 07/25/2009  5:12 pm  Show Profile   Bookmark this reply Add MikeThePenny to your friends list Get a Link to this Reply
I think it was a bad mix
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