1949 nickel

Discussion in 'Coin Chat' started by meandyou4ever0, Jun 27, 2023.

  1. meandyou4ever0

    meandyou4ever0 meandyou4ever0

    I received this in change from a local gas station just a few minutes ago IMG_20230627_220826.jpg IMG_20230627_220857.jpg
     
    GH#75, Inspector43, -jeffB and 5 others like this.
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  3. Jeffjay

    Jeffjay Well-Known Member

    Always cool to find a 74-year-old coin still in circulation.
     
    -jeffB, Cheech9712 and meandyou4ever0 like this.
  4. meandyou4ever0

    meandyou4ever0 meandyou4ever0

    It is for me. I look for older coins more than anything.
     
    SensibleSal66 likes this.
  5. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Gas stations are known "dumping grounds" for coins and other things. :rolleyes:
     
    meandyou4ever0 likes this.
  6. -jeffB

    -jeffB Greshams LEO Supporter

    And the nickel's composition has been stable (save WWII) for over 150 years, so there's been no temptation for people to take the older ones out of circulation -- except for the people who want to hoard "nickel", and I think a lot of them eventually realize there's no profit in 25% nickel/75% copper and dump everything back into circulation.

    Jefferson nickels are the closest thing we've got to a current test for "what happens to coin populations in circulation over time". Although at this point dimes are pretty stagnant, too, and it still doesn't seem like many people care about hoarding "eagle" (or even "non-noodle-hair") quarters, so those are providing an interesting measure as well.
     
    meandyou4ever0 likes this.
  7. meandyou4ever0

    meandyou4ever0 meandyou4ever0

    Other things?
     
    SensibleSal66 likes this.
  8. meandyou4ever0

    meandyou4ever0 meandyou4ever0

    well you have come across one of the few that hoard eagles. I am saving every one I come across. I'm hoping that I can get my son interested in coin collecting and he can some day pass them on to his kids and so forth. There's going to come that day when my great great grandchildren will say or think "dang this is an old quarter, it's from 1982 (my birth year) and I can laugh about it
     
    -jeffB likes this.
  9. johnmilton

    johnmilton Well-Known Member

    The nickel alloy is the hardest of all of the circulating U.S. coins. Therefore the coins last longer. Add to that the fact that it contains no silver and therefore would not be pulled from circulation, and you have the reason why it came to you.
     
    meandyou4ever0 and -jeffB like this.
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    Any nickel that old and still working deserves retirement.
     
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  11. -jeffB

    -jeffB Greshams LEO Supporter

    The same alloy is used for the outer clad layers of dimes, quarters, halves, and Ike/SBA dollars, which is part of the reason you rarely see clad coins that look heavily worn. (The other reason is that change just doesn't circulate nearly as much as it did in the days of silver.)
     
    meandyou4ever0 likes this.
  12. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    The oldest I have found recently is a 1900 Liberty Nickel.
     
    meandyou4ever0 likes this.
  13. Mountain Man

    Mountain Man Well-Known Member

    Fun find. Thanks for the post.
     
    meandyou4ever0 likes this.
  14. meandyou4ever0

    meandyou4ever0 meandyou4ever0

    Found? In circulation?
     
  15. meandyou4ever0

    meandyou4ever0 meandyou4ever0

    Yes it was a fun find. I had forgotten, I believe it was last week, I got a 1959 Lincoln in change from Popeye's chicken. I wonder if someone local is using old coins for purchases around town.
     
  16. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    Coin roll hunting.
     
    meandyou4ever0 likes this.
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