Well some people want to see the Mint use the old CC for a mint mark. Of course, that will never happen, but the design could easily include the mark as a design element.
No. The only reason would be as an educational tool. A circulated 2004 Jefferson will never have any numismatic value.
my opinion, one of each mintmark of each design thats the minimum that you should hoard them however, you may hoard as many as you like, no one will stop you.
lets look at this from an economical standpoint, when you obtain a nickel from circulation, all you are giving up for the time being is 5 cents. In years in the future, the coin can do one of two things: it can rise in value or it can stay the same (not very likely). The value of the coin will never drop down lower than 5 cents because that is the face value. In this case, the initial investment is 5 cents. If the value will not depreciate any further than 5 cents, you have NOTHING TO LOSE. Go for it.
BUT (and there is a but), If you're looking for some large price gains just because these coins are circulating commemoratives, then this is not the coin to hoard. If youre looking for a little bit of gain mixed with sentimental value, then collect this coin. Remember, in many, many years from now, this coin will have a decently large premium over jefferson nickels of similar dates.
Never say never Nd Take for example the 1883 Liberty head nickel. There were over 16 million minted - an outrageous number for the time period. But even in EF40 this coin sells for $40. By my math that's 800 times face value. I'd say it has numismatic value
Well the 1883 was a special circumstance though. The whole with and without cents thing going for it. While the 2004 BU Jefferson singles and rolls will probably sell for a small premium, it will in large part be because dealers like myself are charging $4.95 and up a roll. Can you really imagine someone paying $10 a roll for the billions made? On a first year issue coin? I would bet against that to my dying day. With that said, I have been wrong on more than one occasion. I just can't see it.
i cant help but wonder if the mint is going to mayby make a special set (silverproof set) with the states, regular issue and both nickels in it? it probably would cost to much. lol
They make a silver proof set each year with all the coins minted that year. The dime, quarter, and half dollar are done in silver. The others are made in their own specific metal content as described by law.
ahh. but do you think they will make a silver nickel. or is their a law saying that that cannot be done?
You may well turn out to be right Nd. One thing for sure though - neither one of us will be around to see it My entire point in discussions on this subject is this - the number of coins produced a 125 yrs ago were in roughly equal proportion to the population of the country at the time as the coins of today are. The mintage numbers of coins are determined by the needs of commerce. And the needs of commerce are determined by the population of the country along with the surviving number of a given denomination. Back in the 1880's - nobody thought the nickels of the day would be worth anything either. But I picked that coin at random - the same can be said for the coins of the early 20th century. Many of them had huge mintage numbers as well. But look at the values today. They are worth hundreds of times face value. All I'm saying is that given a similar time frame - today's coins will have similar values. The mintage numbers don't really matter because the vast majority of them will gone forever 125 yrs from now. The survival rates for coinage has rarely differed over the centuries in proprtion to mintage numbers. And this is true of all coins of all denominations from all years from all countries. Therefore I see no reason to suspect that the US coins of today will be any different.
I don't think that will happen. It has not been the case, so far. (unless you count the WWII silver alloy issues) Personally, I'd love to see the nickel minted in silver, again, but it has been the case, so far, that our minor coins, (cents and nickels) are always minted from base metals.
Your point is well taken GDJMSP. I guess I fall into the same thinking as the people in the past. I heard of dealers selling 1955 double die cents for 40 cents in late 1955. No one thought that would be such a great coin. Early numismatist ads show many of what we call rare coins selling at levels near face value.
Quote _____________________________________________________________ Posted by chevy If the value will not depreciate any further than 5 cents, you have NOTHING TO LOSE. Go for it. _____________________________________________________________ i agree with chevy because if you just keep the new nickel it may be worth something later. it's just 5 CENTS.
ahh. are they really worth only a nickel? i guess you could go to the bank and find them for face value. but you cant even buy uncirculated rolls fromm the mint for face value.