I just heard '09 dime and nickel production is done for the year.

It's unique as far as the market is concerned yet attracts little interest.

This doesn't support the contention it's common it supports the fact that there is very limited demand for clad dimes.

 

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There were more than 40 billion dimes in circulation but this has dropped significantly. If these coins are surplus than all the coins in storage might be melted including virtually the entire mintage of '09 coins.

 

So you are saying, that if these were 90% silver, that these would be selling like crazy as key dates... NOPE.. I think the only reason they would sell is because they were silver, and the wouldn't sell any differently than any other common dated roosie

 

It's highly unlikely they'd melt them unless there is a structural change in coinage demand or the value of the dollar. They'd store them for years rather than melt them. But if it looks like they won't be needed then they'll hit the melting pot almost overnight along with everything in storage.

 

Can you tell us the similarities?

 

This is essentially correct I believe. They adopted FIFO accounting in 1972 and they were still releasing brand new 1965 coins in 1975 so apparently it took three years to entirely rotate their coinage stocks in those days. This has fluctuated over the years but has been lower in this century. The rules are getting bent a little bit to rush states issues into the public's hands and there are somewhat older quarter stocks around it appears.

Before 1972 I believe they just grabbed whatever was handiest out of storage. This meant some issues would get into circulation almost immediately while others like 1965 and 1969-D dimes sat in the vaults.

 

Interesting thread. I've read it all but pg 15, I should have looked at it long ago but figured it was something else.

There is a high probability that the '09 dimes will end up being the most common of all clad dimes in unc but it could take some time to get to that point. In the mean time I'd expect speculators to keep the price fairly high.

The future has a way of unfolding to make all the pundits wrong so these will be interesting to watch for years. Just maybe it will awaken people to just how scarce many of the modern dimes really are. There aren't many business strike 2005 dimes for example and if there were any real demand they'd be extremely difficult to find.

 

I just got a BU roll of 2008 dimes today. Does that mean that the 2009s will be common within a year.....it suggests just that to me. Yes, there are less of them, but they are out there. I found 2 more 2009 P dimes today. And yes, I'm still selling them on ebay. Unbelievably, I've made (gross) almost $450 selling current year circulated dimes. That, as we say back home, is just plain nutty.

 

I consider them similar in that they were released about the same time from 1963 to 1979 for a high percentage of the unc Morgans available. Those which were released in large quantities have similar availabilities to the clad that was actually saved at the time. Because coins like the '04-O or '78-S is so available typical unc examples have only small premiums like the early clad in typical unc.

Many of the Morgans were available at face as well. Of course the differences are numerous and dramatic.

 

I search rolls of nickels every week and I found a 2009 P last week. The weird part is, it had a yellow/reddish patina spot like it was in contact with something. I put it in my Dansco, but I think its marred, i'll be looking for a better one

 

Not necessarily silver, just old and in demand. Imagine the price that first dime would have brought if it were the only available date of a large cent! Even if the collectors knew there were 46,000,000 in storage that will probably come available it would have brought a great deal more than $50.

Twelve years ago there probably weren't a hundred serious collectors of clad dimes. Today it appears we're up to around 25,000 based on prices. Perhaps it will peak soon but I seriously doubt it. There is a very large pool of potential new collectors and as people get older they long for mementos of their youth. We have two generations now of people who grew up with nothing but clad and base metal for circulation. I believe demand will continue to grow for at least another generation and that it will have to be met with the apparent supply because there aren't old collections and hoards of these as there have been with all other US coins to one degree or another.

 

for those interested, the new Coin World is available to read with news on the nickels and dimes. Some of the information is wrong as they are NOT selling for $10-40 per roll of nickels. They even go and say that some sellers are selling nickel rolls which there has been none reported yet. Cool read...it just has wrong info on it.

Plus my pictures are on there and a little bit of advertising under the pictures for my Ebay

 

On the new 2009 nickels & dimes: in two words: who cares?

 

Bada bing, bada boom!

Only reason you should care is if you are to find one... Sell it easily over face

 

Ding, ding, ding!!!!! And I agree with Treashunt...if you havent found one, who cares.

They have gone down quite a bit from the highs of $80+ per coin but are still selling well. The problem is that a couple of sellers from Puerto Rico decided to flood the market with tons at once insetad of doing 2 or 3 a day. Some people have absolutely no clue as to how Ebay works...some people think that by posting 12 at once that they will get the same amount of 80+ per coin. Im still contempt at selling each for $25. If I sell three a day thats over $500 a week.

 

That is still amazing...
And still no D's anywhere... I hope I am the first to find a D, because we have all sorts of 09 coins here, given in change, you just gotta go to the right places...
Hopefully I can find the first D, and sell for big buckaroos

 

Ummm . . . the people who want them, and the people who sell them???

 

Best of luck to you, I'd like to see someone on this forum land a nice stash like I did. The madness will keep going when the D's arrive. It may even bump the price of P's who knows.

So far this has been one of those stories that is hard to believe, you know like someone finding a real valuable hoard or something. The fun will end eventually and one day Ill get to tell my kids when theyre older how daddy sold nickels and dimes to make extra cash. Theyll laugh at me and this will be one time in my life i will always remember

 

Yep you got lucky, and made some quick dough, and best of luck to you as well...
This certainly is an amazing story

 

you mean you have found nickels and dimes too T$?