Why are nickels worth More

In my honest opinion, it is worth 6-7 cents provided that yes it is from 1947, but from the perspective of a coin collector, they are very common and you will likely be able to sell it for more than five cents. With that being said, it is from 1947 and is defintally a keeper in my opinion, despite the low to non existant premium. Nice find even though it is not worth too much. Keep in mind too, that the market for old coins is weak right now, and you might be able to get 6 to 7 cents for it when it becomes stronger. I hope that this helps.

 

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I personally keep any nickel that I find that is 50 years or older. Just because in another 40 years they are going to be relatively old, from the "era of the ancient computers" that took up an entire room. =)

 

It's probably better in your initial question if you elaborate on any questions rather than just state
"Why are nickels worth More"

• we do not know Why you think a nickel is worth more.
• We do not know who told you a nickel is worth more or what their knowledge was based on.
• We do not know what you have read, or saw on YouTube.
• We do not know what you are thinking

So it's best to elaborate the basis of your question rather than just a basic statement that you even know is incorrect.

fyi, that nickel is not in very decent shape. The statement from cpm9ball is really something you should take to heart. Buy some books on numismatics and start learning about valuations, basic grading, etc rather than watching a YouTube or something.

 

I find Red tube better. More double varieties.

 

I see. Not good info really. The bulk of the Jefferson series is common. And sadly, not many dealers are purchasing fifteen cent coins anyway.

 

However, if the Jefferson series interests you, OP, it's a great introductory series to coin collecting since a large portion of the series can be found in average grade from circulation. Then it remains an economical series to collect into the lower ranges of collectible coins if you decide to upgrade later on.

 

Agreed, the key dates are fairly inexpensive too. Even a fairly nice 1950-D can be bought for 10 bucks!

 

Hey, my dad built computers when they took up an entire room. He also built the first set of walkie talkies used in space on the first space walk. He worked in the aerospace division of Westinghouse now know as Northrop Grumman.

 

WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Thats really really really cool! Its kindof weird to look at a smartphone now, and think that they have more power than the computers that controlled the first moon landing did. Thats really impressive, the first walky talkies that were used in the first moon walk! =)

 

I was impressed as a kid, especially when things were so slow he would use wire, nuts, bolts and a transistor to make small animals for me. I even have a piece of the material used to make the antenna, somewhere around here.

 

Isn't he by asking the question studying? Your reply was not the least bit helpful or informative.

 

I didn't see it posted here yet but with the exception of the War Nickels 1942-1945 (56% copper, 35% silver, and 9% manganese minted during World War II) the nickle has always contained 75% copper and 25% nickel. The nickel is one of the most valuable coins minted in terms of its actual intrinsic metal value is the only coin that hasn't had it's original content changed.

Here's a decent little blurb about the nickel's collector values
https://www.coinstudy.com/old-nickel-values.html

 

Here's a little thing that you need to learn about Jeffersons, most of them found in rolls and the wild are below a F. This data doesn't support the values, the coins that have an asterisk are the one that have insufficient data to support their statements.
There are, a very few variety's in this series that I am sure over inflate these values, Those asterisks say that for the most part a nickel is worth a nickel.

The point is- Be careful of what you take as gospel. The internet is full of readable material but not all of it is correct some of it is just plain wrong,

If you can find that coin with persistence in circulation for 5 cents why would someone spend .15-.25 cents for one?

 

You find more old nickels because the design did not change from 1938 to 2003. The cent changed in 1959, so anything before that looked different (wheat back), so it was noticed and removed. The other coins were made of silver before 1964, so they were pulled out. Also, copper-nickel is a hard alloy, so the coins wear very well and don't wear out as quickly as the 95% copper cents or 90% silver pieces.

 

From the link:
"Followed by Liberty Nickels, find any of these in a well preserved condition and you have a $20 to $30 coin."
Try a dollar for most.
This article is like a You Tube video in print.
OK I will edit my post, the value has risen the last few years, and I will say most common V nickels will be in the $2 range.

 

It was a lousy question!

Chris

 

plus it is quite noticeable that this isn't the OP's FIRST question about a coin.

 

There is more to this than you understand.

 

Where ever you read this, it's wrong. You would be wise to discount anything else you read at that site. Go ahead and name/shame them...

 

Because they don't want to go the time, trouble, and effort to search through box after box of nickels trying to find coin worth $.10.