2005 Buffalo Nickel Potential?

Discussion in 'US Coins Forum' started by drddm, May 24, 2005.

  1. Spider

    Spider ~

    Anyone disagree? Meet me in the parking lot at 8PM tomorrow and we will settle this;)
     
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  3. Speedy

    Speedy Researching Coins Supporter

    Spider---you think they will even get up too15 cents each!!!...??

    Speedy
     
  4. crystalk64

    crystalk64 Knight of the Coin Table

    They already are!
     
  5. BWJR

    BWJR Senior Member

    Nickels

    Supply and Demand!!!!!!!!!!!!!

    You guys may not live long enough to see the demand out match the supply on any of these new coins, since the mint is turning out volume that has never been seen before. They are the only one making money.

    BWJR
     
  6. SilverDollarMan

    SilverDollarMan Collecting Fool

    20..........well lets be sharing them. hehe
     
  7. SilverDollarMan

    SilverDollarMan Collecting Fool

    ErrorCoins?????????
     
  8. Errorcoins

    Errorcoins Senior Member

    I am sharing them with my daughter. I think it would be wize to put these away and let her sell them in 30 yeas.

    I have never sent a coin in for slabbing, but i wonder If I shoud try with a couple of the highest grade Bisons.

    I have searched many thousands of bisons already and still have many more thousands to go though. For the most part, these coin are a mess. Very, very few high mint state examples. I have 2 boxes of "D"s and one box of "P"s that have rolls which have prooflike examples in them. Finding them without nicks is kinda hard, but I've pulled out a few nice examples .

    All the other boxes and bags that I have, have dies which produce lower quality coins, thus no high mint state examples. But lots of varities so that's cool.
     
  9. drddm

    drddm New Member

    2005 US Mint CLAD Proof set AND Sealed US Mint Buffalo Nickel 2 roll set POTENTIAL?

    Hi everyone,

    Just curious if anyone out there believes the 2005 CLAD Prood Set (Blue Box) will also rise in price because it contains the other two (and last two) nickels of the Westward Journey Nickel Series?

    Also, what about the US Mint 2 roll buffalo Nickel (P and D) sealed in the white box? What's the potential of this set?

    How high do you think they may go?

    Thanks,
    Dave
     
  10. Speedy

    Speedy Researching Coins Supporter

    I think that the Proof sets may go up...but the 2 rolls from the mint is just like any other roll...they all have 40 coins...I don't think they will be worth much anything.

    Speedy
     
  11. JBK

    JBK Coin Collector

    Most of those "varieties" are "errors", not true die varieties, at least in my opinion.

    Any coin (yesr/denomination) has countless things of this type - it is only because people are giving the Bison defects a fancy name that they are being talked about as varieties.
     
  12. Errorcoins

    Errorcoins Senior Member

    True.....but there is only ONE BISON nickel and ONLY for a 6 month period. Also the Bison is one of the MOST POPULAR designs to come from the mint in a very long time. A very popular coin.

    Like I said before, for me, it is FUN to search for errors/varieties on this beautiful coin. The error/varieties are REAL, you can plainly see them. And to be able to COLLECT 20 some varieties on a 2005 modern issue with a very popular design, well for me, is a no brainer.
     
  13. Bacchus

    Bacchus Coin Duffer

    I read in the new Coin World that 936,000,000 of the Bison nickels were produced, and of that number about 90,000,000 were sold directly from the Mint in rolls or bags. The article also said that relatively few of the circulated coins are being ... circulated; that is, some parts of the country never see the new nickels in change. And, we’ve all read about the quality of the nickels.

    If we assume that the roll and bag coins are mostly being hoarded for investment, and most of the circulated coins are just plain being hoarded, I would think that there are going to be a lot of these coins in MS or AU shape five, ten, fifteen years from now.

    That leads me to believe that the only significant appreciation these coins are going to show in the next fifty years are 1) sales of rolls on eBay to the less informed, and 2) very high grade MS samples.

    I suppose I’m restating the obvious, but hey, I’m just a beginner trying to find my way around.
     
  14. SCNuss

    SCNuss Senior Member

    "That leads me to believe that the only significant appreciation these coins are going to show in the next fifty years are 1) sales of rolls on eBay to the less informed, and 2) very high grade MS samples".

    You forgot the gold- and platinum-plated sets that HSN is sure to release. ;)
     
  15. t-d

    t-d Member

  16. t-d

    t-d Member

    I have no idea what the coin collectors market will be, but I think there will be more of a demand on a limited scale (people wanting a set of all four nickels) than might be expected.

    Everyone I have shown or given a nickel to has thought they were neat and wanted them. I have only had 2 given to me as change. So, lots of people have never even seen them. I would bet there will be a market for people who are not coin collectors who will be willing to pay $5 for a set ($1 for each nickel and $1 for nice holder) for decades to come. That's a 20x increase in price.

    As I said, I'm a newbie, and don't know coin collecting, but there's a lot of interest among those who see the new nickels in having them.
     
  17. Ron5812

    Ron5812 New Member

    just my opinion

    I have been collecting these since they first came out in 2004. I have 2 sets each from the US mint. Being a new collector to the nickel sets, price has very little to do with it. I do know, generations to come after me will enjoy these and most definitely profit from these. My plan B is, if these do take off in price in say 20 years, I'll sell one set and my kids will inherit the other.
     
  18. good job by you

    good job by you New Member

    Time is only a tool for measuring distance. "Value" (regretably) is only determined by every seller / purchaser at the precise moment of exchange. Thus the answer must be; the nickles will be worth as much as they sell for and no more or less.

     
  19. USS656

    USS656 Here to Learn Supporter

    This thread is 10 years old with no activity. Not sure why you choose to respond to this thread? crystal has not been around since 2010.

    That said ~ the market always sets the value.
     
  20. john59

    john59 Well-Known Member

    2009 All over agen
     
  21. MKent

    MKent Well-Known Member

    Well here's another example of the CT members being right. Almost every poster said they would be worth 5c and I can assure that's right as I have purchased 6 rolls of '05 Buffalos 3P 3D in mint wrapping for face value on eBay in the last 2 weeks. Some have paid 2X and up during that same time and from the same seller, but for me face was the winning bid. I save rolls for my grand kids and have purchased several of the rolls for face on eBay over the last couple of years. So I am even more convinced that the majority of members on CT are pretty sharp.
     
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