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 Replies: 14 / Views: 11,765 |
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Pillar of the Community
United States
3670 Posts |
2,371 SILVER NICKELS 1939-1964 with a few 1968-1970 "S" mint mark.... Found this for sale any thoughts, is everything else 90%, I looked up like 1939-42 on ebay, an they list anywhere from 8 to 14 each, 35% silver they say? How many silver nickels at 90% to make one oz.? What is a rough melt value of this nickel hoard? He wants $175 or best offer, and I thought that sounds to good to be true.... Way out in the country in my area, should I check out? Edited by Silverhawk74
08/08/2011 01:24 am
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Valued Member
United States
366 Posts |
Don't fully understand the description of the lot. Current value for a silver nickel is about $2.25. Silver nickels were only made between 1942 and 1945 and were 35% silver, but some people believe that any nickel before 1965 is silver. I think the seller has a minor misconception and that it wouldn't be worth your time.
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Pillar of the Community
United States
1450 Posts |
First of all,war nickels are only 1942-1945 and only the 42's with a large mintmark above the dome of Monticello are silver. Second,the War Nickels are 35% silver,not 90%. Third,no other nickels have any silver in them. The only nickels worth buying in bulk without seeing them are the wars,everything else,with a few exceptions are only worth 6-10 cents. |
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Pillar of the Community
 United States
3670 Posts |
Yes I see that thanks a bunch guys. He has ten bags full, so unless every nickel there is 35%, (which we know probably a handful if any are the real deal), then no way it would be worth my time an gas....
I had the misconception that all pre 64 coins were 90% silver. I haven't purchased any pre 64 silver yet, I really don't much about it at all....
Edited by Silverhawk74
08/08/2011 01:39 am
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Pillar of the Community
United States
3670 Posts |
Oh and it was listed as no WARTIME, and so only 42 you say has 35% silver, and he claimed to have none from the 42-45 era, so definitely a no go....
Edited by Silverhawk74
08/08/2011 01:41 am
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Pillar of the Community
United States
1150 Posts |
SilverHawk, buddy, you need to get on the pre-'64 junk silver bandwagon! Say silver hits 100 an ounce. If it gets to the point where we need to use our silver as money again, which could happen, it would be far easier to trade dimes and War Nickels than it would be to trade an ounce of silver and try to get suitable 'change.' If you need any advice on the do's and dont's of junk silver send me a PM. |
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Pillar of the Community
United States
3670 Posts |
Thanks Mitch! Luckily my local coin shop has fair prices on Morgans, Peace dollars, mercs, an quarters, so when I start buyin those, I am gonna focus on the above, keep it simple.... Plus they have some real nice ones of all the above, as well as worn out ones, key dates, etc..... |
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Pillar of the Community
United States
1450 Posts |
I just got a 64 dime in change yesterday. I like it when I buy something and get more back than I spent!
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Valued Member
United States
123 Posts |
Those 1968-1970 "S" mint mark are no big deal either; they were intended for circulation. In fact, some of those have higher mintage than Denver for the same year.
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Pillar of the Community
United States
667 Posts |
These are your war time 35% Silver Nickles. Year, mint and number produced.
1942 P - 57,900,000
1942 S - 32,900,000
1943 P - 271,165,000
1943 D - 15,294,000
1943 S - 104,060,000
1944 P - 119,150,000
1944 D - 32,309,000
1944 S - 21,640,000
1945 P - 119,408,100
1945 D - 37,158,000
1945 S - 58,939,000
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Pillar of the Community
United States
5829 Posts |
In my view, I would think that a set of BU war nickles maybe a better value, given the numismatic basis plus the bullion value, it all add up to and will gain over time. In time, you will see these go into 'trend' and value will probably double or more like all other series. It is still affordable set with non TPG graded BU set. I would go to your local dealer or shop on the Bay and check prices and qualities. |
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Bedrock of the Community
United States
12437 Posts |
Quote:
I had the misconception that all pre 64 coins were 90% silver. If that were the case, they would be called "silvers" instead of "nickels"  |
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Rest in Peace
United States
9104 Posts |
Another ignorant seller who thinks any coins before 65 are silver (even nickels).
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Pillar of the Community
United States
667 Posts |
BTW War Nickels (0.05626 oz of silver) 17 nickles would equal .956 oz of silver 18 nickles would equal 1.013 oz of silver |
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Pillar of the Community
United States
2168 Posts |
Yes I agree with the posts made. Except one thing for dimes, quarters and halves, 90% silver pre 1965, 1964 is 90%. Some posts say pre 1964 Also, 1965-1970 halves are 40% (along with some proofs)
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Replies: 14 / Views: 11,765 |
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Posted 08/08/2011 01:32 am
