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Anyone Hoarding Nickels Yet?

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LastGold's Avatar
United States
228 Posts
 Posted 02/03/2011  6:32 pm Show Profile   Bookmark this topic Add LastGold to your friends list Get a Link to this Message Number of Subscribers
Nickel closed @ $12.63 a pound today. A regular garden variety Jefferson nickel is now 144% (about 7.2 cents).

At what point are these guys worth keeping? I'm all ready hoarding pre 1983 copper cents, and rag-picking them also for wheats, MS coins and errors. Very easy still to put together full sets of Lincoln Memorial cents.

What about the Jeffersons? Can you find silver War Nickels, (or the 1950-D) in circulation?[00!]

Moved from US Paper Money and Banknotes forum to Main Coin Forum by Forum Mom
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Nickelman's Avatar
United States
1397 Posts
 Posted 02/03/2011  6:57 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
Every War Nickel I have I found in circulation. I have 440 as of yesterday. I can't tell you how many Jeffersons I have and if I did you wouldn't believe me.

Oh, and by the way, you posted this in the paper money forum
Valued Member
GRR's Avatar
United States
310 Posts
 Posted 02/03/2011  8:28 pm  Show Profile   Bookmark this reply Add GRR to your friends list Get a Link to this Reply
I haven't gone out and actually sought them out yet, but I've been keeping the ones I have(probably about $30 worth).
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Maineman750's Avatar
United States
3592 Posts
 Posted 02/03/2011  8:41 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
As soon as they change composition, I'll start saving them...no point right now.Yes you can find all of the business strikes in circulation.There is a thread on here somewhere where some guys have and are working on it.
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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 02/03/2011  8:44 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
its possible to find the entire Jefferson nickel series from circulation, several members of the forum have done it. I personally have not yet completed the series from circulation, but I have found an 1883 with cents in xf and a 1950 proof. Literally anything can pop up in a box of nickels.

-XoG
Valued Member
LastGold's Avatar
United States
228 Posts
 Posted 02/04/2011  12:13 am  Show Profile   Bookmark this reply Add LastGold to your friends list Get a Link to this Reply
Sorry about posting in the wrong forum. . Glad to hear you can find the whole set ! Wouldn't have thought it was possible.
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ACE Mike's Avatar
United States
438 Posts
 Posted 02/04/2011  01:41 am  Show Profile   Bookmark this reply Add ACE Mike to your friends list Get a Link to this Reply
Remember of course that the nickel is 75% copper and 25% nickel. 7 Cents sounds about right for melt value.
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mitchhailey's Avatar
United States
1150 Posts
 Posted 02/04/2011  03:44 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
I agree with everyone else about being able to complete a set from circ. As a matter of fact, a box of nickels I recently searched gave up two liberty head nickels in seperate rolls. All kinds of good nickel stuff is still out there.
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Maineman750's Avatar
United States
3592 Posts
 Posted 02/04/2011  06:24 am  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply

Quote:
Sorry about posting in the wrong forum


If justcarl had seen that he would have gotten on you about "paper nickels"
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United States
511 Posts
 Posted 02/04/2011  09:56 am  Show Profile   Bookmark this reply Add 3stooges to your friends list Get a Link to this Reply
With the current melt value, I set an occasional roll or two aside. James Wesley Rawles recommends this on his preparedness/survival blog.
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Maineman750's Avatar
United States
3592 Posts
 Posted 02/04/2011  10:12 am  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
I figure I can buy all I want before they change composition...it's not like there is a shortage.
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jbuck's Avatar
United States
187702 Posts
 Posted 02/04/2011  10:47 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I am saving all of my nickels. I believe they will eventually go away (or change composition) and I want to give my son something to look through one day. Same thing with the copper cents and better zinc cents. Since I can afford to do it, I do it.
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Michael_T's Avatar
United States
122 Posts
 Posted 02/04/2011  11:37 am  Show Profile   Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply
Looks like copper pennies and nickles are the way to go:

http://www. (124) Not Allowed - Auto-Removed .com/

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Michael_T's Avatar
United States
122 Posts
 Posted 02/04/2011  11:39 am  Show Profile   Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply
OOPS, sorry for trying to post a forbidden link.
Anyway, no other coin even comes close to having face value except copper pennies and nickles.
(and silver of course)
Edited by Michael_T
02/04/2011 11:41 am
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eaglefoot's Avatar
United States
6326 Posts
 Posted 02/04/2011  12:13 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I put together a "circulation folder" of Jeffersons.
But I'm still missing about 3 coins, the '50 D, being one of them of course.
I upgrade the condition of these from time to time as well, since I'm a fairly avid Nickel roll searcher.

And as someone mentioned, Nickels are MOSTLY COPPER.....not "Nickel". Regardless, I do not "hoard them" for any potential "precious metal content".
I keep War Nickels that I find (quite a few)
I keep Buffalo's that I find (both dateless and full dates)
I've found a " V nickel" before too.
Found Canadian Nickels..
There are enough "treasures" to find in Nickel searching that it keeps it fun for me.
Edited by eaglefoot
02/04/2011 12:17 pm
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jbuck's Avatar
United States
187702 Posts
 Posted 02/04/2011  12:23 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
My keeping them is not for the metal, either. I am keeping them for a time when everyone else is melting them for the metal. Save the nickels!
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