Is searching for war nickels worth it?

Discussion in 'Bullion Investing' started by Fifty, May 12, 2010.

  1. Fifty

    Fifty Master Roll Searcher

    According to coinflation.com they are worth over $1.00. I am trying to decide if this would be a better bet than looking for silver halves. It takes more capital to do halves and the resale value seems to be better.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. quartertapper

    quartertapper Numismatist

    If you have some extra time on your hands, and your local bank doesn't mind you roll searching, by all means go and do some cherry picking! I personally do not have time to roll search currently, but in a few decades I may, and roll searching will probably be what passes time when it's raining.
     
  4. beef1020

    beef1020 Junior Member

    you can expect about one silver nickel per box of $100, just fyi :)
     
  5. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Is it "worth it?" Probably not. You could make more money spending the same amount of time working at a minimum wage job. But as a hobby, it might be time well spent.
     
  6. panda

    panda Junior Member

    i am starting a ww2 coin collection and just purchased a set of p-d-s 1943 nickels for $2.55 on ebay. it was bellow spot, so i was happy, but would have a paid a bit over...if i had to.
     
  7. Grimster

    Grimster Junior Member


    Does that $2.55 you paid include shipping? Typically thats what kills the "deals" that are on there...
     
  8. krispy

    krispy krispy


    I received two in change over the last two weeks at different times. I rarely come across them roll searching.

    If you can afford to order boxes of halves, go for that instead.

    Also, you might consider subscribing to the Roll-searchers, post your results! thread to see what others are finding and have had to say in the past about what various searches are worth their time.
     
  9. Grimster

    Grimster Junior Member



    Ya there are several of us that post in that thread that nickel roll search. Come on over :)

    Also, Im collecting all the silver nickels I find while roll searching...but I will stop roll searching once I finish my "circulated Jefferson set". So essentially it's just convenient to keep all the war nickels I come across. Once I complete my collection (2 empty spots left !!!) then I will no longer roll search nickels and will probably move to Halves for silver searching.
     
  10. lincolncent

    lincolncent Future Storm Chaser Guy

    What ones are you missing?
    And I've had two people pay with one during the last two weeks. Never found one in a roll.
     
  11. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    war nickels are not easy to come across.
     
  12. krispy

    krispy krispy

    yet

     
  13. Grimster

    Grimster Junior Member


    It's funny. Ive got the "hardest" ones to find. Im just missing the 51-s and 55-P. I have found sooo many 55-D's. I see the 55...get excited...flip it over...NO!!! GO AWAY YOU STUPID "D" !!!

    haha
     
  14. Scrumhalf2

    Scrumhalf2 Junior Member

    I don't think so. I've found about 15 roll searching, when I try to bring sell them at coin dealers that pay well for halves only offer $.50 for each when their melt value is almost $1.10. Stick with halves, they are the best way to go. There is only .0563 ounces of silver in each nickel while there is almost .15 ounces in 40% and .36 ounces in 90% halves. So you would have to find 6.5 nickels to equal 1 90% half.
     
  15. claw

    claw Senior Member

    Jefferson silver is the hardest of the bunch. With the economy being in the state that its in, they may start showing up. Halfs are easier if you have the right bank and $.
     
  16. immytay1

    immytay1 Member

    I do it because sometimes I dont find any other silver and I am up to 50 silver nickels
     
  17. sunflower

    sunflower New Member

    Investment wise I might be more inclined to mow my own lawn. I then use that saved money to buy special coins (Mercurys for me, buffalos for you).

    Roll looking is fun. So if is roll searching that turns you on, then buy all means search the rolls. (the silving finding that results form it is just a little more icing on the cake).
     
  18. Pocket Change

    Pocket Change Coin Collector

    Just a comment here.

    The "War" nickel only has 35% silver - 35% silver, 56% copper, 9% manganese.

    The value that sites such as Coinflation dot com give is the melt value - so it is also calculating the value of the copper and manganese.

    In general, you'll have a much harder time getting "coinflation" values on ebay or elsewhere. I'm guessing most smelters don't care about the copper and manganese content.

    I have a few rolls of war nickels and the price spread on ebay scares me. Right now, some are going for $30 a roll and others get $45 a roll. You won't get that much variation with 90% coins such as walkers or frankies.
     
Draft saved Draft deleted

Share This Page