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Old 02-21-2006, 08:00 PM   #1 (permalink)
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1943-P Jefferson Nickel Rotated Die

Got this 1943-P Jefferson wartime nickel and I noticed it it had a rotated die. What's it worth. The first picture shows the coin's obverse normally, and the reverse picture shows the exact rotation. If it's not worth much more, how much does it need to be rotated before it's worth anything?
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Old 02-21-2006, 08:10 PM   #2 (permalink)
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That is not real common with Jefferson Nickels but is very common with Buffalo Nickels and Mercury Dimes. It would bring a few dollars more that coin value if you were trying to sell it and went to a coin show where there are people that deal in error coins. However, it is worth keeping. Like I said not worth much but it is not realy common.
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Old 02-21-2006, 10:36 PM   #3 (permalink)
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Quote:
Originally Posted by Just Carl
It would bring a few dollars more than coin value if you were trying to sell it ...
Do you own a red book or have a grey sheet? Last one I have is Dec 05 and this coin looks to be xf on a good day. My price would be$1.50. So add a few bucks to this and you could get $3 or $4 dollars for it.

Or look it up. Try ebay, this nickel is 180 degree rotation. Yours is about a 5 degree.

Happy hunting,

Michael
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Old 02-21-2006, 08:29 PM   #4 (permalink)
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So was I ripped off if I paid $2.50 for it?
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Old 02-21-2006, 10:15 PM   #5 (permalink)
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Quote:
Originally Posted by CoinKid52
So was I ripped off ...
You seem to use this phrase quite a bit. If you are collecting to collect and enjoy coins then you will never get "ripped off" per say. You will simply have a collection of coins you like.
If you are attempting to gain a profit off of coin collecting then the only way to not get "ripped off" is to find them in your pocket and sell them above face value. Thus insuring a healthy profit margin and never again having to say "I was ripped off".
Coin shops, dealers, and especially Littleton Coin CO are trying to make money. Just remember a little rule, a coin is worth what somebody is willing to pay for it. In your case this nickel is worth $2.50 to you. I think that price is a little high but then again, I didn't buy the coin.
Like I said in the other post I was burned by Littleton also. I did get a 1931 s Lincoln in xf many years ago which now seems like a good buy. Other than that all the coins they sold were basically crap. Try this, start a thread about Littleton and see what kind of response you get. Maybe a poll or something.
Keep doing your homework and everything will be fine.

Happy hunting,

Michael
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Old 02-21-2006, 10:19 PM   #6 (permalink)
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Quote:
Originally Posted by peachymargarita
Just remember a little rule, a coin is worth what somebody is willing to pay for it.
I've heard that one a lot, from everyone!
Nobody has answered my question though - what is the approximate value that this coin is worth?
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Old 02-21-2006, 11:36 PM   #7 (permalink)
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Quote:
Originally Posted by CoinKid52
I've heard that one a lot, from everyone!
Have you considered the possibility that just possibly everyone is saying it because its true?
Quote:
Nobody has answered my question though - what is the approximate value that this coin is worth?
Phrased that way, there is no answer. Phrased as "what is the approximate value to fill in the blank " there are many answers.
  • To someone like me who doesn't collect US nickles, doesn't collect errors, and isn't a dealer looking for inventory, the exact value is 5¢ including S/H.
  • To a dealer in errors, the value is between 50-75% or what he thinks he can sell it for, adjusted for how long he thinks it will take to turn it.
  • To an error collector specializing in rotations, who doesn't yet have a single nickle in his collection, $5-10 or more.
  • To a nickle collector missing only that year/mint mark to complete her collection, a few bucks.
The list could go on, but hopefully you've gotten the point by now.
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Old 02-22-2006, 10:32 AM   #8 (permalink)
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It's been said oh so many times here already but I'll just stick my 5 cents in also. Just went to a coin show last Sunday. One dealer specializes in error coins. None of his were Jeffersons. Not a real popular coin in any condition. However, as already noted, if you bought it for an investment, just wait about 50 yeasrs and if this hobby maintains it's present booming sensation, that nickel of yours will be selling for about $50. For right now you did OK with your $2.50 pruchase price. Just remember that everytime any item is bought and sold the price must go up to maintain a profit for all sellers until the price has attained an amount that is no longer increasable. If you purchased that coin for a hobby, then don't worry about it's value. If you purchased it for resale, try ebay. It may go for thousands, hundreds or nothing at all.
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