| Author |
 Replies: 20 / Views: 8,694 |
|
New Member
United States
33 Posts |
I've searched on here and google, and myabe I am not the best searcher out there, but why do people save these? I saw on the 25,000 rolls of nickles thread that people were saving the pre 1959 nickles only. so can some one let me know why this is, thanks.
|
|
|
|
Pillar of the Community
United States
2120 Posts |
older than 50 years. Some people (myself included) find value in coins being that old. And since you dont come across them all that often in Circulation, I feel they are worth snatching up.
|
|
Pillar of the Community
United States
3294 Posts |
And they only cost $0.05 each.
|
|
New Member
 United States
33 Posts |
never thought about it like that, it makes sense, so am I right in thining it would take longer to go through all them because with silver you can see right away if you got anything worth keeping, but by searching for dates you need to look at each coin, is this safe to assume or is there a secret?
|
|
Valued Member
United States
171 Posts |
With date searching with nickels, you have to look at each coin.
|
|
Pillar of the Community
United States
2120 Posts |
TBH, most of the time ill take a roll and dump it out and can usually pick up all the 1964 and earlier nickels without even trying. they just seem to look different. I still look quickly through whats left just in case, but still.
Oh and I keep anything 1969 and earlier.
|
|
New Member
United States
33 Posts |
ianmprice- why keep 69 and earlier
|
|
Moderator
 United States
187702 Posts |
I have been keeping all of my nickels. I tell myself that they are for my son to search through some day, but I feel that the increasing melt value has something to do with it. Not that I would ever melt them. I keep them to prevent them from being melted.  |
|
Rest in Peace
United States
3039 Posts |
I was keeping all the pre 60 nickels too. I decided to put 2 rolls of mixed 50s in my coin club auction. I started them at face $4 and that's all they brought. After this happened a second time I cashed out my remaining 10 rolls at the bank. Even with assorted values in the guides, they are too common in bank rolls to ever be worth much more than face. Of course there are a few good dates & mms I keep. I still save all the pre 50s.
|
|
Pillar of the Community
United States
2602 Posts |
I used to have over 3000 pre-1960 about 10 eyars ago, thinking they'd be worth something. I finally sold them for 8 cents a piece and I had to put a 50-D key in the lot to make it worthwhile for the buyer. I think some of the dates are just too common to really be worth all that much, like 40, 41 and 59D.
|
|
Valued Member
United States
191 Posts |
IMO, I think they are just like the wheat pennies. I remember just 10 years ago people were saying that wheat pennies would't be worth anything because there were so many. Now, they bring more of a premium than they did then. Same with the nickels. In time, they will be worth more of a premium than they are today.
|
|
Pillar of the Community
United States
2120 Posts |
Quote:
ianmprice- why keep 69 and earlier meh, Why not. No real compelling reason, just feels like if everyone keeps 59 and earlier, when will they keep 69 and earlier, 2020? so why not start now. only $.05 a piece. Even though 70% of my 60's are '64s : / |
|
Pillar of the Community
United States
2661 Posts |
I am with the prince on this one. I keep the 69's and older also. I just can not figure why I find so many 64's.  |
|
Pillar of the Community
United States
2589 Posts |
High grade 64's are actually worth a pretty penny. 64d's in ms 67 go for like 800 bucks a pop, and ms66's are worth like 40 bucks a piece
|
|
Bedrock of the Community
United States
20753 Posts |
I never consider not keeping certain dates of any coins. I try to fill Albums so if those Nickels have a slot in an Album, I save them. I know there are people that hoard certain Nickels or Dimes or something, but I just collect coins for sets. A few exceptions like the 1943 Lincoln Cent but those are weird. |
|
Valued Member
United States
62 Posts |
I save '59 and earlier. Most of them are just worth a nickel though. Sometimes when I'm going through rolls of nickels I mistake a 3 for a 5 on the 1938 and 1939 nickels.
I also save all the wheat pennies that I find. Most of them are very common dates too. I never really thought why I save those. I guess just because they're old and they're cool.
|
| |
Replies: 20 / Views: 8,694 |
Posted 09/21/2010 2:24 pm
