First Page
Posted 04/12/2005 3:18 pm
Well I see on ebay that a PCGS graded MS65 P & D 2005 Bison Nickel have bids over $30 each. I think if you were ever to obtain grades of MS66 or higher for the 2005 Nickel business strikes, count yourself lucky.
I love the obverse of this nickel, but this obverse will be difficult to obtain high grades. If you get one, SAVE it. It also seems that alot of people are disappointed with the strikes. There seems to be a similarity of these strikes to when IKE's first appeared in 1971. A lot of people saved these 1971 strikes, but 1971-P IKE's in MS65 or better condition are rare. A PCGS 1971-P MS65 IKE costs over $200 because the strikes were poor and high MS grades simply did not appear as most people would expect for a brand new coin.
I doubt very much in our lifetime that 2005 Bison nickels will carry any serious value. There are just too many minted and too many will end up in sock drawers and collector bins...singles, 2x2's, flips, and countless rolls.
Here's another example...in 1955 it was announced that San Francisco was not minting anymore coinage. Specificlly, "only" 44.6 million 1955-S Lincolns were minted as the San Francisco didn't mint anything until 1968. So what happened?... collectors everywhere hoarded rolls and rolls of 1955-S Lincoln Cents and even though "only" 44.6 million were produced, it is one of the easiest Lincolns to find in MS66 condition. Why? Everybody wanted to have the last of San Francisco struck coins and people saved rolls and rolls of them.
Maybe it is too early, but the same may happen to the Bison Nickel. High MS grades may be a rarity. Who knows how they will look in Mint Sets as maybe the fileds and all will look great and warrant a MS66, 67 or 68 grade. Time will tell.
I love the obverse of this nickel, but this obverse will be difficult to obtain high grades. If you get one, SAVE it. It also seems that alot of people are disappointed with the strikes. There seems to be a similarity of these strikes to when IKE's first appeared in 1971. A lot of people saved these 1971 strikes, but 1971-P IKE's in MS65 or better condition are rare. A PCGS 1971-P MS65 IKE costs over $200 because the strikes were poor and high MS grades simply did not appear as most people would expect for a brand new coin.
I doubt very much in our lifetime that 2005 Bison nickels will carry any serious value. There are just too many minted and too many will end up in sock drawers and collector bins...singles, 2x2's, flips, and countless rolls.
Here's another example...in 1955 it was announced that San Francisco was not minting anymore coinage. Specificlly, "only" 44.6 million 1955-S Lincolns were minted as the San Francisco didn't mint anything until 1968. So what happened?... collectors everywhere hoarded rolls and rolls of 1955-S Lincoln Cents and even though "only" 44.6 million were produced, it is one of the easiest Lincolns to find in MS66 condition. Why? Everybody wanted to have the last of San Francisco struck coins and people saved rolls and rolls of them.
Maybe it is too early, but the same may happen to the Bison Nickel. High MS grades may be a rarity. Who knows how they will look in Mint Sets as maybe the fileds and all will look great and warrant a MS66, 67 or 68 grade. Time will tell.
Edited by zakgold
04/12/2005 3:20 pm
04/12/2005 3:20 pm
