Why are blank nickels way more in price than other coins?

Discussion in 'Error Coins' started by noah1980, Nov 11, 2010.

  1. noah1980

    noah1980 New Member

    I was at a new coin shop today and I picked up a penny and a dime blank planchet and I passed on the quarter due to its 20.00 price.

    Well looking on various places it seems the penny , dime and quarters go for under 20.00 but every place I seen a nickel it was very expensive is there any reason for this? Or was it just a coincidence?

    Thanks
     
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  3. noah1980

    noah1980 New Member

    I think it must be in 1985 they slightly moved the mint mark and made it slightly large .....
     
  4. Hobo

    Hobo Squirrel Hater

    What does that have to do with a planchet that bypassed the coining chamber?
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Are you referring to coin blanks or blank planchets? There is a difference. Blanks don't make it through the upsetting mill where the rim is formed. Planchets do.

    Chris
     
  6. abe

    abe LaminatedLincolnCollector

    Perhaps the quantity is on the lower end than other denominations...
     
  7. noah1980

    noah1980 New Member

    Ahh ok my penny looks like it has no "punched" rim , my dime does. So i guess that means I have a dime blank planchets. So in that case was 10.00 bux for a dime planchet a good deal?

    Also why does it seem theres pennys, dimes and quarter blanks on websites for sale but it seems nickel planchets are not as available?
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    First, the correct terminology is upset rim. The rim is not punched. The blank is rolled and squeezed to form the upset rim.

    The "nickel union" employees have a better contract with built-in bonuses for finding them before they leave the Mint.

    Chris
     
  9. Hobo

    Hobo Squirrel Hater

    That would explain it.
     
  10. abe

    abe LaminatedLincolnCollector

    Never heard of that, wonder if the employee's are fighting over the blanks. Bonus's must be huge because nickel blanks are on the scarce side...
     
  11. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    too much for the dime and a quarter should cost 5-7 bucks Redbook for nickels is 15 bucks but i got mine for a buck
     
  12. noah1980

    noah1980 New Member

    Well I knew better than to buy the quarter but a I figured getting the penny for a dollar made up for the higher price for the dime at 10.00
     
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