nickel question

What nickels should I hang onto? I'm going through a bag and see alot in the 60's I did find one so far that is 1946.

 

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1950 D if you can find it.

 

The war nickels have silver contet, 50 D is a key date. There are several more key dates any many nickel variations that are worth $$. PCGS website lists many of the nickel variations. Personally I save pre 1960 nickels.

Interesting read here.

http://www.philipnelson.org/2008/07/mass-inflation-ahead-save-your-nickels/

 

So would you put back all the 64's I'm finding. I'm finding lots of them.

 

It's only a nickel, if you can afford it, save them.

 

Well I can afford it just didn't know if they were worth saving

 

I've bought many lots of 1964 and earlier Jefferson nickels, often paying a premium over face value.

I've paid as much as double face value in certain cases.

Once, from a dealer at a show, I bought $12.00 face value of pre-1964 Jeffs for $11.95! I was putting together a roll set, and I couldn't believe my luck! I guess he just didn't want them.

I think the Jefferson nickel is a very underappreciated series. I hope it becomes more popular in the future.

 

They minted 2.8 billion 64 nickels (buy the red book - it will come in handy) - spend them. Keep 50D, and 38 through 45 all mint marks except for 39P, 40P, and 41P - those only if BU. There are some errors and varieties in 39 you can look for if the condition is AU or better. Good Luck Just My Opinion...

 

I'd recommend saving the better condition coins. This especially applies to nice attractive well-struck coins. If they are also relatively lightly worn then they're probably a much better bet than the older coins.

I'd buy a folder and keep a collection of the nicest ones you can find. This will also serve as a reference set when you have a coin that looks different. Varieties are a great sub-set of the Jefferson collection so having something for comparison will help you find them or to make new discoveries.

You'll probably find it's a lot of fun as well.

 

Three posts at 5:36 PM


!!!!

 

I'll go along with that too - good post. Always good to build the best set you can across dates! The strike is something you can really appreciate when you look at a ton of them!!!

 

There you go ken, one of the resident nickel experts!!!!!!!!!!!! If anyone knows what they are talking about, he does!!!

 

Thanks everyone. USS I do have a redbook it was at home though and I still don't know much about coins. Too much to remember. LOL I actually have the blue book too. Maybe I should take them to work with me.

 

I keep one at home and one at work! Considering where you work, it might not be a bad reference when you are on break

 

64-d pluriDus error on top of what others have said

 

I was bored the other day and checked out Liberty and Shield nickels. They really don't get much airtime and prices seem to be frozen in time.

While the Buffalo gets a lot of good press, they really haven't taken off either. Personally, I find buffalos under VF condition to be kind of expensive given mintage figures.

Having said this, I focus on Jeffersons more than any other series - a real nice BU Jefferson has a whole different look than BU's from other non-nickel series.

 

You might try putting together an MS63+ set, so keep those you find.

Circulated examples pre-1960 generally sell for at least a tiny premium. All war nickels have extra value for their silver. Only a handful of dates carry a premium of a $1+ in circulated condition, and you are very unlikely to find any of those in current circulation.

Mintages really ramped up in the early 60s, so from then on all are just base metal bullion.

The uncirculated set may be the best option. Jeffs can be a bit of a challenge but one still relatively inexpensive. Collectors with more to spend can shoot for full steppers.

 

That's OK, just keep reading and re-reading that Redbook. It takes time to become an expert in coins. Why some of us took two or three weeks. <--- Note smiley.

 

This has been the common wisdom since silver was removed
from the coinage. People look through nickels and pull out all
the old ones and have been doing it for decades.

But look at the '50-D nickel. The mintage was well over 2 1/2
million and almost every one was saved in unc. Still it's far
more valuable than almost every other Jefferson. But the post
1964 nickels often weren't saved in BU rolls because they had
huge mintages. So today we have the odd situation where many
of the later dates are much scarcer than the '50-D in unc yet
sell for far less. If you believe this will last forever or that the
new nickels aren't worth collecting then fine.

Otherwise these later coins make an attractive collectible; one
in which desirable and scarce coins can still be found in circula-
tion.

Remember that when you pluck that VG 1939 nickel from circu-
lation that there are millions in unc. There are far more millions
in F, VF, and XF that collectors have been pulling from circula-
tion for decades. But if you find a nice attractive '82-P there
are a mere handfull in unc and large percentages of those are un-
attractive.

Collect what you like but if you want some scarcity you have no
alternative but to look at the later coins because the older ones
have been picked over for more than half a century. Look at it
this way; even if you find a really nice coins like a AU '40-S there
are millions better. But if you can find a really nice '83-D there
might be only several thousand nicer. Indeed it's not impossible
to even find high grade recent dates but they're far harder to find
than the older coins.

 

i keep every thing before 1964 and i make rolls of west ward journey's