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2009-P Nickel Worth It?
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<p>[QUOTE="yakpoo, post: 855158, member: 18157"]The Mint produced <b>39.84 million of the "P"</b> minted nickels and <b>46.80 Million of the "D"</b> minted ones. Very few of these have been released and, if you think that either...</p><p> </p><p>1) the nickel will be withdrawn from circulation before these coins are released...and they will be subsequently destroyed, or</p><p> </p><p>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</p><p> </p><p><b>...then any price will be a huge bargain. :hail:</b></p><p> </p><p>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 "<b>Not a bargain</b>". <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /></p><p> </p><p>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.</p><p> </p><p>With all that said...I paid $27 for a roll of 2009P dimes earlier in the year (DOAH!!) :rolling:[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 855158, member: 18157"]The Mint produced [B]39.84 million of the "P"[/B] minted nickels and [B]46.80 Million of the "D"[/B] 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 Very few of these have been released and, if you think that either... 1) the nickel will be withdrawn from circulation before these coins are released...and they will be subsequently destroyed, or 2) The Federal Reserve branch that stores these will have a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 [B]...then any price will be a huge bargain. :hail:[/B] 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 "[B]Not a bargain[/B]". :cool: 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:[/QUOTE]
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