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Feds order 2010 dimes but no nickels what impact will this bring?
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<p>[QUOTE="clembo, post: 838062, member: 8033"]Well there are a lot of ways to look at this ESPECIALLY when it pertains to coins meant for circulation.</p><p><br /></p><p>Yes, the 2009 nickels and dimes are hard to come by but really just how "low" are the mintages? IMHO they are nowhere near low - it's just a matter of time before they are released OR the mint starts selling them at face with free shipping. In other words it's a joke.</p><p><br /></p><p>No nickels in 2010 would suck for collectors just as the lack of 2009 Proof Silver Eagles would. Although I don't collect these coins it really puts a damper on it for those that do.</p><p><br /></p><p>Many coins are being minted and some of these just "trickle out" into circulation. Stupid premiums are being paid just to have one for a set while millions lie dormant. I"d leave those holes empty until I could get them at face and I DO believe that will happen eventually.</p><p><br /></p><p>So you collect nickels Paddy? Then take a look at the 1950D and magnify it. People hoarded rolls because they actually WERE a relatively low mintage. That's why a BU coin costs little more than a VG.</p><p><br /></p><p>Over the years the price has dropped because so many were saved.</p><p><br /></p><p>Now apply this to modern coinage that isn't really even being circulated or released. Should make the 50D drop look like child's play. A $5 roll of Lincolns (that's what we get at work for a roll of 2010) will drop to 50 cents (what it's worth).</p><p><br /></p><p>The year is young and I hope they do mint some nickels but remember this. If they produce 75 million, for example, that is not a low mintage. Get yours when you can pay a nickel each like you should. They ARE meant to circulate after all.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 838062, member: 8033"]Well there are a lot of ways to look at this ESPECIALLY when it pertains to coins meant for circulation. Yes, the 2009 nickels and dimes are hard to come by but really just how "low" are the mintages? IMHO they are nowhere near low - it's just a matter of time before they are released OR the mint starts selling them at face with free shipping. In other words it's a joke. No nickels in 2010 would suck for collectors just as the lack of 2009 Proof Silver Eagles would. Although I don't collect these coins it really puts a damper on it for those that do. Many coins are being minted and some of these just "trickle out" into circulation. Stupid premiums are being paid just to have one for a set while millions lie dormant. I"d leave those holes empty until I could get them at face and I DO believe that will happen eventually. So you collect nickels Paddy? Then take a look at the 1950D and magnify it. People hoarded rolls because they actually WERE a relatively low mintage. That's why a BU coin costs little more than a VG. Over the years the price has dropped because so many were saved. Now apply this to modern coinage that isn't really even being circulated or released. Should make the 50D drop look like child's play. A $5 roll of Lincolns (that's what we get at work for a roll of 2010) will drop to 50 cents (what it's worth). The year is young and I hope they do mint some nickels but remember this. If they produce 75 million, for example, that is not a low mintage. Get yours when you can pay a nickel each like you should. They ARE meant to circulate after all.[/QUOTE]
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Feds order 2010 dimes but no nickels what impact will this bring?
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