I found one in circulation tonight. I see the mintage is almost identical to the 1950-P. Is the '49-S a key date? Does it bring much of a premium?
Other than the 1939-D, 1950-D, and the varieties, Jefferson Nickels don't have numismatic value in the circulated grades. This includes war nickels which instead have intrinsic value due to their silver content.
Perhaps, but I believe there is some collector value over face value. When you're getting them from circulation for five cents each there is no harm in assuming that perhaps they have 2-5 times face value on the collector market. Is there a segment of the coin buying market not being supplied with "common" circulated Jeffersons? Selling lower mintage Jeffersons at a coin show/shop in a bargain bin for 20-50 cents each could provide these coins to a segment looking for minimal cost coins for their collections. I don't see these provided often. Myself, I'm keeping these coins in case any of my boys or kids in my close extended family/friends get interested in coin collecting.
I've got a question please help!!!!! I have over 150 silver nickels that I found coin roll hunting yesterday and was wondering what they would all be worth. Sent from my iPod touch using Tapatalk
The phrase "worth more than face value" is more accurate. Especially if it's worth several times face value.
Yeah, but who says the coin is worth several times face value? The Redbook? I consider circulated Jefferson Nickels pocket change worth face value and I would guess that there are many people just like me who would not pay a premium for a circulated Jefferson Nickel.
Like somebody said, somebody might want that coin to complete a circulated collection. It's not a high mintage coin, so it should demand a modest premium over a common nickel like the 1964. I recently bought a 1950-D and a 1950 nickel to go towards a complete pre-1960 collection, and paid a modest premium for it. The mintage is almost the same. Why wouldn't it be worth slightly more?
I have trouble selling raw uncirculated Jeffersons for $2-3 on E-Bay. If you can get someone to pay you more than face for a circulated Jefferson Nickel, your coin dealing skills are better than mine.