Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
1883 no cents V nickel
>
Reply to Thread
Message:
<p>[QUOTE="JBK, post: 15869, member: 1101"]You sound like you have the right idea about collecting for sure, but "value" is an indicator of supply vs. demand. You had mentioned the financial value as a consideration in your purchase. I agree that an MS 1883 coin for $20 is outstanding, but my point is, just do not plan on huge returns, since the coin has had well over 100 years to catch fire in the market and it hasn't happened.</p><p><br /></p><p>Earlier explanations are right on target. Mintage is not the important factor so much as how many were saved. A very small collection of coins from a relative contained new (or nealry new) 1909VDB cents, 1913 Buffalo nickels, and.......an 1883 Liberty nickel. All the new designs were saved or even hoarded, which is why the MS 1883s are so cheap. </p><p><br /></p><p>Just wait and see how many BU 2000 Sackys are on the market in 25, 50 or even 100 years. They will be a slow sell at any price.</p><p><br /></p><p>By the way, I had always thought of picking up a nice (and I mean NICE) 1883 nickel since I knew they were pretty cheap. Maybe I'll start looking.[/QUOTE]</p><p><br /></p>
[QUOTE="JBK, post: 15869, member: 1101"]You sound like you have the right idea about collecting for sure, but "value" is an indicator of supply vs. demand. You had mentioned the financial value as a consideration in your purchase. I agree that an MS 1883 coin for $20 is outstanding, but my point is, just do not plan on huge returns, since the coin has had well over 100 years to catch fire in the market and it hasn't happened. Earlier explanations are right on target. Mintage is not the important factor so much as how many were saved. A very small collection of coins from a relative contained new (or nealry new) 1909VDB cents, 1913 Buffalo nickels, and.......an 1883 Liberty nickel. All the new designs were saved or even hoarded, which is why the MS 1883s are so cheap. Just wait and see how many BU 2000 Sackys are on the market in 25, 50 or even 100 years. They will be a slow sell at any price. By the way, I had always thought of picking up a nice (and I mean NICE) 1883 nickel since I knew they were pretty cheap. Maybe I'll start looking.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
1883 no cents V nickel
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...