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 Replies: 7 / Views: 1,702 |
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Pillar of the Community
 United States
5953 Posts |
Not so long ago (Well a couple of Years) you could find just about any coins you needed on ebay.  Now it seems different. At least as far as Proof Nickels go. There are no end of modern proofs to be found in high grades but go back before 1980 and pickings become very slim early 70's and you can just about forget it.  Acording to the PCGS population reports the coins are out there just not on ebay. Anyone care to comment or hazzard a guess as to why. Thanks for reading |
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Forum Mom
 United States
5877 Posts |
I can hazard a guess. From what I have seen, modern coins don't sell as well on ebay, and that goes double for Jefferson nickels. I know the collector market is out there, but they're apparently shopping elsewhere. As a result, sellers simply aren't listing them for sale. |
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Pillar of the Community
 United States
5953 Posts |
Anyone know where they are?
My local coin shops do not stock graded modern proofs as a rule. They are very helpfull and will try to find coins but at a premium.
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Rest in Peace
United States
954 Posts |
Most modern coins, regular issues, are a one way sale. Dealers will sell them to you if they have them but as a rule won't keep a lot in stock. It would tie up working capital too much. Since the earlier coins sell for a better premium they don't mind keeping some of those. When I set up at a show and had recent issued coins, pennies, nickels, dimes, I wouldn't sell any of them for less than 50 cents each. Today it would be 75 cents each. The reason is they're simply not profitible to carry. When you have to pay $350.00 for an 8' table, package them, inventory them ect., it drives the price way up. Each year I buy a bag of Kennedy half dollars and offer them to forum members at face value plus 75 cents postage. That's a bargin for most people yet I still get complaints that the postage is too high. catman |
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Pillar Of The Community
3147 Posts |
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Pillar of the Community
United States
7123 Posts |
I think right now that the cost of grading some of the moderns is a contibuting factor to there availability,, when a MS-65 full step nickel for instance is listed at 25.00 retail in the main coin pricing guides, it would be hard for me to have a lot of graded modern nickels laying around,also the information that is prevailent in the form of advice to buy the coin not the slab is or may be being heeded to a certian degree amoung collectors.
Just a thought on the subject.
Rick
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Pillar of the Community
United States
2724 Posts |
All of the modern series enjoy a nice market, but somehow eludes all of us dealers. At all the major shows, you will see customers walking the bourse floor with wantlist in hand, and no one offering the coins. Now there are a few dealers who use the mainstream papers advertising these coins, but a few phone calls will net very little with stock on hand. The craze is for the State Quarters, and until the public at large moves into a new direction, most dealers will shy away from the others. Why tie up the money on the hopes that the nickel or roosie collector calls. |
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Pillar of the Community
United States
5953 Posts |
Not even for lil old me? when and if I ever get to 50 posts I will put my want list up. I have found some dealers who stock them but they all want PCGS prices for them and I don't want to take up bank robbery.
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Replies: 7 / Views: 1,702 |
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Posted 02/05/2005 4:29 pm
