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 Replies: 36 / Views: 14,058 |
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Valued Member
United States
61 Posts |
I have noticed a number of comments about this year nickel and I guess I am missing something.
What is special about the 2009s? Are they unusually hard to find, have special errors or varieties or what?
I have quite a few and didn't know there was something unique to watch for.
Thanks in advance for the education.
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Pillar of the Community
United States
737 Posts |
Lowest mintage for dimes/nickels in ten years I believe. They stopped minting both in late April or June (2009) I think.
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Pillar of the Community
United States
6326 Posts |
Check out this site......find the mintage numbers for 2009 P and D, and you'll see the reason for the attention. It's the lowest mintage since the 1950's......  And the total Jefferson mintage (both P & D) ranks "up there" with some of the lowest years totals EVER in the Jefferson nickel history. http://www.bestcoin.com/jefferson-n...-mintage.htm2009 P's are even selling for more than a Silver War Nickel too ! ....  Edited by eaglefoot
03/09/2011 9:42 pm
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Pillar of the Community
United States
737 Posts |
Make that 60+ years. Thanks Eagle! |
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Moderator
 United States
15389 Posts |
I humbly disagree ... the relative scarcity of the 86,600,000 total 2009 Jefferson minted will become a non-event IMHO when the remainder of the coins are released into circulation.
Save the nice ones ... MS65+FS ... but IMHO the bulk release of 2009 Jefferson will soon make these throw-back coins.
David
Take a look at my other hobby ... http://www.jk-dk.artEdited by nickelsearcher
03/09/2011 10:13 pm
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Valued Member
United States
277 Posts |
Why would you release the rest of them back into circulation. I have seen rolls of circulated ones going for 10 dollars a roll
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Pillar of the Community
United States
6326 Posts |
Well....the way I see it is this. Right now, BU P and D roll sets are selling for $140.00 in Coin World Magazine. So, this is reason enough to seek them out "today", for some folks. Another deal, for me, is...... they're just Nickels....no harm no foul in keeping a couple of coin tubes of them for 30-40 years and seeing what happens. NOBODY knows for sure what the future might bring for these 2009 issues. They could easily be up there in the "want lists" with the 1939 D and the '50 D, someday, IMO. Also, there won't be enough to go around for 245,000,000 million coin collectors who want one 40 years from now. And, when my 6 year old is 78 years old......she might be quite happy that her dad had the "curiosity" to coin tube some of these 70 years back ! .....  Who knows really ? .......It doesn't really matter to me....... I'll take any of them that anybody doesn't want ! ...... Just PM ME PLEASE ! ..... Edited by eaglefoot
03/10/2011 10:49 pm
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Valued Member
United States
463 Posts |
or you can be as lucky as me and found a solid box ;)
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Pillar of the Community
United States
1315 Posts |
Seems to me that more have been found in certain areas of the country than others.
I've only found one (D mint) in New Mexico.
Where did yours come from?
I agree if they let em all out I'll be glad I didn't pay 140 for a roll.
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Pillar of the Community
United States
6326 Posts |
Quote:
I agree if they let em all out I'll be glad I didn't pay 140 for a roll. You mean $140.00 for "2" rolls..... ie ...a "roll set of P&D".....but anyway....yeah....that's a crazy price IMO, no matter WHAT the deal is ! ... My take is...... I don't know that they're NOT all out already. And even if they aren't....the 2009 total P & D mintage numbers don't lie. Compare it to any P & D total of any year in a half a century, or even in the whole run of the HISTORY of the Jefferson nickel. A BILLION average total minted each and every year, versus only 86 million P & D minted for '09. And the "needs" or "population" of this country grows ASTRONOMICALLY every decade. (337 million population right now, I believe)(Projected to reach 1 Billion Americans in less than 50 years) Everybody who wants one...... can't have one...it's numerically impossible...esp. 60 years from now. And if there's an estimated 170 million "coin collectors" in this country NOW......this just increases every 10 years or so with the population increase simultaneously. (up & down in between, of course, esp. with a bad economy....but gradually ALWAYS increasing in time. That's just not enough Nickels to feed an appetite of this magnitude IMO. Edited by eaglefoot
03/11/2011 12:21 am
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Pillar of the Community
United States
1285 Posts |
I tend to agree with David. These are being saved in pristine condition and there is going to be a lot of them in high grades to go around eventually.
Edited by Ceylon62
03/11/2011 06:18 am
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Pillar of the Community
United States
6326 Posts |
 I actually agree with David too, on this.....mostly.....  I just have to play Devils Advocate to the hilt sometimes to offer "other" perspectives, theories, and possibilities ! .... But I do know that the ones I've managed to find "in the wild".....are generally NOT high MS grades sadly. So, whoever has all of these......I'm jealous ! ...  Edited by eaglefoot
03/11/2011 08:33 am
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Pillar of the Community
United States
1081 Posts |
I purchased a roll of both P and D mints. These will probably end up like the 1950d Jeffersons, but I also wanted to be prepared in case they turn into something like the 1916d Mercury, where the mintages are relatively low, but there is just such a demand that the price is driven up. I also just like them and they will always have that mistique of one of the lowest mintages for Jeffersons.
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Bedrock of the Community
United States
20753 Posts |
Quote:
I humbly disagree ... the relative scarcity of the 86,600,000 total 2009 Jefferson minted will become a non-event IMHO when the remainder of the coins are released into circulation.
Not to long ago some Nickels had low mintages but then too the population of the country was a lot, lot less too. Now picture this. With well over 300,000,000 people in the USA and now the internet which makes other countries interested in our coins, no where near one per person today. That 86 millions is trivial compared to the amount of people that may want one. |
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Valued Member
United States
60 Posts |
I checked over $200 in nickels and did not find one 2009. found a few buffalos and War Nickels, but not one 09 |
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Valued Member
United States
230 Posts |
I've found two buffalo's and 7 silver nickels, yet not one 2009. What does that say about scarcity in the wild? Many have been hoarded and put away in pristine condition. People will only part with them for a nice premium at the current time. Rolls sell for 11 on ebay, and one single coin can sell for .75 cents plus 1 dollar for shipping. Buyers are willing to pay 1.75 for one 2009 nickel. The only question is: will that premium increase, or decrease as time goes on? |
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Replies: 36 / Views: 14,058 |
Posted 03/09/2011 9:35 pm
