2009-P Nickel Worth It?

I know the 2009 nickels were relatively low mintage. I have an opportunity to buy one for just over $5. The coin is P mint and in mint state condition. I want to know if this is a good investment? Will this coin be worth a lot in the future? And if I do buy it how do you recommend I store it?

 

Log in or Sign up to hide this ad.

I have no answer, but five bucks for a year old nickel boggles my mind.

 

No. There was 40 million of them made, at some point the Fed will release more of them and they will be more common. I will sell you one for a buck if you need one, but I wouldn't spend 5 on one.

 

Hey UScoinsinfo,
PM me your address and I will send you one.....

 

For all the reasons mentioned, do not buy this because you think you'll make money down the road. The odds are against you.

However, if you want to buy it because you like the coin or are collecting the series, then take your time, learn about the series from a grading perspective, and dive in. Good luck!

 

You can get 2 rolls from any bank of 2009 nickels, and have a dollar left over for a stick of gum for the price of that coin.

Save your money.

 

OMG $5 bucks!!

 

The wind bagged sellers on ebay will tell you the 2009-P is a rarity. It does have a much lower mintage than previous years, but the 2009-D is a heck of a lot more rare. I wouldn't drop five bucks on either one though. My advice: be patient!

 

I bought a 2009-S Proof one for $2. I hope I didn't make a stupid decision :\

 

I spent $3.00 for 2009-s Proof Nickel...

You could have spent $32.95 (includding shipping) and got the 2009 Mint set if you dont have it already. Obviously it doesnt include proofs but still something to have/collect

 

I heard the 2009-S has regular mintage.

They will release more 2009s?

 

For 2009 nickels, $5 is about the right price for a roll, and even maybe a little high at that. The mintage was "relatively" low, but still high.

For 2009-S proof, you did just fine for $2.

 

What is the mintage of 2009-S?

 

The Mint produced 39.84 million of the "P" minted nickels and 46.80 Million of the "D" minted ones. Very few of these have been released and, if you think that either...

1) the nickel will be withdrawn from circulation before these coins are released...and they will be subsequently destroyed, or

2) The Federal Reserve branch that stores these will have a massive fire and all the remaining nickels will fuse together into one giant block

...then any price will be a huge bargain. :hail:

If, on the other hand, you think these coins will eventually be released into circulation and quickly hoarded by collectors, then I would have to say "Not a bargain".

Example: There were 35,216,000 nickels minted in Philadelphia in 1956. I suspect most of those coins are very worn by now. I just bought an Unc roll of 1956P nickels on eBay for less than $7. Personnally, I wouldn't pay $5 for one (1) 2009P...even if I needed it for my album.

With all that said...I paid $27 for a roll of 2009P dimes earlier in the year (DOAH!!) :rolling:

 

Well proofs usually grab higher values don't they? The trick is to hoard what others aren't so you eventually have something that no one else does, then there will be a higher demand for it. I'm trying to build up my collection of pre 1964 nickels and I buy a couple rolls every now and then and with the past few have found a couple 50s 40s and even a 30!

 

I searched $40 worth of nicks today and found a 39d in VF waaahoo! I found several other 50's and a few 40's.:hail:

 

Where do you come about $40 worth of nickels?

 

20 rolls.:kewl:

 

Are you serious.....I've been looking for a year visiting dozens of banks asking for new coinage.....they haven't had them. You cannot just get rolls of 2009 nickels at any bank. If they are at your bank, you are lucky.

 

Where exactly is this bank?

Because I don't know of ANY in the continental US that have had any of these coins. Not a single one.

So, please... share with us. Where can we get them?