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Are 2009 Jefferson Nickels worth that much??
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<p>[QUOTE="19Lyds, post: 1409990, member: 15929"]The "total" mintage is not the point.</p><p><br /></p><p>The "point" is how availble are they and in what condition are they?</p><p><br /></p><p>The US Mint actually stopped production of nickels early on due to the recession. The low mintage coins were simply NOT being ordered by the Federal Reserve Banks. As such, even though 39 million were made, very few were actually released. When these were selling for upwards if $100 per roll, the ONLY location to find them was out of Puerto Rico for whatever reasons. This meant that competition to get some rolls was very high.</p><p><br /></p><p>Now, if the US Mints reserves are on a First in First Out scenario, then the coins could show up. But if they're on a First In Last Out scenario, it could be quite sometime before any are seen with any frequency.</p><p><br /></p><p>Mintage numbers are a good guage but unless the coins are actually released, its the availability which matters the most. In simpler terms, they may make millions of them but if you cannot find any, then they might as well have made 0.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1409990, member: 15929"]The "total" mintage is not the point. The "point" is how availble are they and in what condition are they? The US Mint actually stopped production of nickels early on due to the recession. The low mintage coins were simply NOT being ordered by the Federal Reserve Banks. As such, even though 39 million were made, very few were actually released. When these were selling for upwards if $100 per roll, the ONLY location to find them was out of Puerto Rico for whatever reasons. This meant that competition to get some rolls was very high. Now, if the US Mints reserves are on a First in First Out scenario, then the coins could show up. But if they're on a First In Last Out scenario, it could be quite sometime before any are seen with any frequency. Mintage numbers are a good guage but unless the coins are actually released, its the availability which matters the most. In simpler terms, they may make millions of them but if you cannot find any, then they might as well have made 0.[/QUOTE]
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Are 2009 Jefferson Nickels worth that much??
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