Fair Price For BU War Nickels? - Coin Community Forum

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Author	Replies: 10 / Views: 2,243
perhunt29 Valued Member United States 50 Posts	Posted 03/15/2011 1:21 pm I started collecting a year ago next month, and within the past year I completed my nickel collection (1938-present) through roll searching and picking up a few from a local shop. A few months ago I decided to do myself one better by completing a BU Jefferson set in my new Dansco. The first page of my Dansco is about 30% complete, with primarily War Nickels missing. A local shop has BU War Nickels unslabbed for $12 each (Just for clarification these are beautiful War Nickels with great luster). Is this a fair price for most BU War Nickel dates and mints? Report this Post to the Staff

shook on3 New Member United States 12 Posts	Posted 03/15/2011 1:31 pm I'm not sure , I do know a War Nickel silver value is at $1.94 at this moment. Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 03/15/2011 1:35 pm I think you can find bu warnickels for cheaper than $12 each. Look around and perhaps check ebay. Thats seems pricey. Report this Post to the Staff
Newbismatic Valued Member United States 380 Posts	Posted 03/15/2011 5:42 pm Agreed $12 dollars sounds like a lot... But if you are willing to pay that, then thats what they are worth to you. Report this Post to the Staff
nickelsearcher Moderator United States 15386 Posts	Posted 03/15/2011 7:33 pm I remind us all that a discussion on pricing without the context of grade ... and in this case step detail ... is dicey and just going in circles. The OP says Quote: A local shop has BU War Nickels unslabbed for $12 each Perhaps this is a great deal .... the term "BU" means nothing in the context of modern coin grading and pricing. Check out the current Numismedia FMV pricing for Jefferson war silver nickels .... at MS65 and better they are all $20+ coins. What if a few of these coins at the dealer were MS65+ Full Steps (FS) ... then the prices can go real crazy. For example ... in my collection I have a 1944-S PCGS slabbed MS67FS Jefferson .... I could sell it tomorrow for $1300 if I wished to get rid of it. I suggest the OP make a determination of the actual grade ... check for step detail ... and reference a few reliable price guides to make some informed decisions. We are here to help if grading is not yet a strong suit. David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff
Whatsells95 New Member United States 8 Posts	Posted 03/16/2011 12:08 am I think that's a fair price, it they are in fact choice coins. But I would cherry pick for sure. Report this Post to the Staff
trespasser New Member United States 31 Posts	Posted 03/18/2011 11:55 pm I also need those, they are really hard to find Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 03/19/2011 2:35 pm As already noted BU means little. There are many grades of what is called MS which basically is BU or sort of. In most price guides they list those War Nickels from MS-60 to MS-65 or at least in the Red Book. And if you look in that Red Book you would notice there is a substancial difference in prices for different dates also. In AU to MS-60 you should really find them for much less. Report this Post to the Staff
matchbox Pillar of the Community United States 1007 Posts	Posted 03/19/2011 7:46 pm I paid $1 each for circulated War Nickels about a year and a half ago. Report this Post to the Staff
fenton Pillar of the Community United States 4989 Posts	Posted 03/29/2011 10:25 pm I paid $90 for my set of 11 which averages about $8.18 per coin. I believe they would grade out in the MS-62 to MS-64 range with one or two having a shot at 65. Report this Post to the Staff
samuel tan Valued Member United States 322 Posts	Posted 03/31/2011 03:08 am I paid mine from $5.- to $7.- each UNC. I am not too worry about the steps. Report this Post to the Staff
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