What classifies as a coin hoard?

I have 2883 Jefferson nickels put away. Would this be called a coin hoard or just alot of coins? What would be called a hoard?

 

Log in or Sign up to hide this ad.

I think it may be called a hoard if other people are interested in them. If its just a bunch of circulated modern nickels I would call it a no interest savings.

 

My wife thinks my box of half dollars is a hoard. I have about 1900 40% in a box. Trying to get up to 2000. I tell her that I might as well keep them rather than sell them and get 1% when I deposit the check in the bank.

 

If those are common every day circulated nickels, trade them in for copper cents. That's $144.15 face value with a melt value of about $184.51. The same $144.15 in copper cents is over $389.20 melt. December 10, 2010 pricing

Just my thoughts on it

 

I like this topic. Eric0911 is speaking my language. I have more than I can count - 15000ish give or take a thousand and/or few hundred. I am bragging a bit.

Nickels and wheat back have a way a putting a smile on my face. I especially like the nickels - no premiums, at least not yet. I have picked up a few 4000 count bags, a few 2000 count boxes, and many 40 count rolls. I am thinking about purchasing a wheelbarrow.

To the half dollar man, at least you hoard something respectable like 40%. I like the clads. After I crossed over $1500 face, I switched my focus back to nickels.

When I get short on cash, the bank rolls of nickels in new wrappers are easy to purchase with. I had a few cashiers refuse my rolled quarters. The half dollars are never a trouble, as folks in line usally exchange greenbacks for them before I can get the cashier paid. I like the feel of the weight on the clad half dollars. I have not been too lucky with roll searching. That is how I got started with halves. I first started collecting 40% halves in the 1980's, I had a lot. Then in 1983 they were all stolen - all my silver and silver certs too. So back to a happier note. I picked up 20 dollars worth of nickels a few days ago (10 rolls). The wrappers make it hard to examine the loot without breaking the paper. Oh well.

So back to hoard? savings account with no interest?, and nickel fun. I figure it is cheap excitment for me. Worse comes to worse, I pay can for fuel and grocories with them. I have gotten into my Presidential dollars to purchase MPC's and coins. Unless there is something my husband needs or wants, I have to really want something bad to dip into my nickels and halves.

By the way, is anyone else having trouble locating circulated 2009 nickels? Go nickels go. I like nickels and copper; and a nickel is about 75% copper. I think of my nickels as Lincolns old Uncle Jeff(erson).

Once I have about 40,000 nickels, I think I might start thinking of myself as having a nickel hoard. My dream is to have 100,000 nickels. Yet, that is probably more of a dream.

Since these nickels of ours are sort of eartagged as an emergency back up for if SHTF, or other personal urgency, I do not count on them for their collector value yet. I expect I will someday.

Good luck on your nickel hoard. Sounds like you are off to a nice start. Reading your posts makes me want to pick up another bag, but I can't afford it for a while. That is another reason why I am attracted to nickels, it only takes $2.00 to get started with hoarding and collecting them. Eventhough the nickel is often thought of as not changing much, I beg to differ. The way they age makes them attractive too.

Hope you can add to your nickels. Put the word out to your loved ones, and maybe you will find a few surprise rolls in your Christmas stocking.

 

Wow. I seem to lose track of that reality. Those cents are worth a lot more than those nickels. However, I can't ask the teller for a roll of copper cents anymore.

Nickeless to say, your point is well taken.

 

Are you basing that on the price of Grade A copper? Grade A copper is 100% pure. Copper that is mixed with other metals sells for substantially less.

Chris

 

I think you have to die, and then have Robert Chambers sell it on Coin Country (or what ever that show is) before you can classify anything as a "hoard".....

 

I have more than 20,000 uncirculated Westward Journey nickels (2004-2006) in Mint rolls, banks rolls & tubes, but I don't consider it a hoard. I call it a hernia.

Chris

 

Poor fellow....

 

when an old lady saves EVRYTHING!

 

I like the hernia part! ---- I concur.

 

Honestly I'd call it a lot of nickels. Others would call it hoard.

On the other hand if they're all war nickels, 39-D and 50-D for example I'd say it's a small hoard. It's all in how one looks at it.

 

Hmmm...

1,000 BU Morgans, 1,000 BU Peace, or 1,000 old school 90% silver coins... to me, those are all small hordes or "good starts."



20,000 modern nickles is a horde.

2883 nickles... Are they modern? Then they are a good start.

 

373 1916-D dimes would be a hoard.

Why are so many of those in AG condition while the 1909 -SVDB cents are usually uncirculated ?

 

Chris, I am using the melt figures supplied by www.coinflation.com/ .

Of course, no premiums are considered. But it does make the comparison. I can make a greater potential profit pulling the same amount of face in cents than nickels. And it's the same face, if I need to cash in. As others have said, copper cents are getting harder to come by, so the greater potential for numismatic value too. IMHO

 

Lincoln Worship.

 

Chris