Rolls of 2004/2005 Jefferson nickels worth > $2?

Discussion in 'US Coins Forum' started by Dougmeister, Dec 13, 2013.

  1. Dougmeister

    Dougmeister Well-Known Member

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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Why ? They sold them by the gazillion in rolls and bags. Anybody that ever wanted one, already has 10.
     
  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Doug is quite right. I have about 20,000 of them (2004-2006) that are in Mint bags & rolls, release ceremony rolls and some that I removed from the Mint bags and put in square tubes. I didn't buy them with the thought that they would appreciate in my lifetime. I bought them because I liked the design changes (especially for the 2004 & 2005 coins).

    I would imagine that if the designs for the Roosevelt 10c, Washington 25c or the Kennedy 50c ever changed, there would be some collectors who would treat the new designs the same way.

    Chris
     
  5. jloring

    jloring Senior Citizen

    The way I interpret the OP's question is that he doubts the rolls are worth more than $2.00... and that is a correct statement.
     
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  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    The way that I interpret it is that the OP is asking if they are worth more than $2.

    Nope! Unless you get lucky and find a "speared bison" (not worth much) or some other unknown variety.

    Chris
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    If that is the case then we are all in agreement.
     
  8. Victor

    Victor Coin Collector

    Just as an example I asked for rolls of nickels at the bank early this year. They gave me about 15 rolls of 2013P wrapped by String & Son. I picked out a bunch of nice ones.
    On average out of one roll I got 2 or 3 coins that were nice. After opening 4 or 5 rolls I got tired of it.
    Early in the year a dealer friend can sell numerous rolls for a profit at coin shows.
    I sold the unopened leftover rolls to him at face value and he was glad to get them.
    At the time there was an ad in Coin World selling 2013 rolls of nickels for $8.99 each!
     
  9. Pere

    Pere Active Member

    If you just like the designs, wouldn't you want to see them in circulation?
     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I do, all the time! For that reason, I think I'll just keep mine in uncirculated condition. Anyhow, 20,000 is a drop in the "Mint bucket".

    Chris
     
  11. Pere

    Pere Active Member

    Well, I don't know what one would do with 20,000 nickels that--as you acknowledged--won't be worth noticeably above five cents apiece in one's lifetime.

    Apart from spending them, which can be pretty fun. IME, many people have not seen them. I just spent one an hour ago. The tab was $40.03, and I handed the cashier two $20s and a shiny Tom Buffalo. She did a double-take, looked closer, asked me if they were "the new nickels." I said no, it was a special series from 2005 (actually, I wish these were the current ongoing mintage). Amusingly, she was so distracted that she forgot what notes I'd given her and started to give me a $10 back, as if I'd given a $50 (but I'm honest). I don't know if she'll buy that Buff out of her till or not, but I bet she'll look a little more at coins.
     
  12. Phil Ham

    Phil Ham Hamster

    Ok; don't laugh; but my only dealings with HSN was the purchase of the Westward Journey Collection in 2006. I'm still estimating the price of each roll from this collection at $3. I had a total of 16 rolls from 2004 to 2005 (regular, gold plated, platinum plated). They have to be worth more than face value; don't they?
     
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