Found a couple of key date Jeff nickels

Discussion in 'US Coins Forum' started by bugo, Apr 4, 2014.

  1. bugo

    bugo Well-Known Member

    I was looking through the collection of nickels that I started 30 or so years ago. I found a couple of key dates: 1951-S and 1955-P. Who knows how long I've had these nickels: I started collecting them in the early '80s and I'm still adding to the collection whenever I can. I also got a 1949-S in circulation just a few days ago. Now to find a 1950-D (I own one but I didn't find it in circulation) or a '38 or '39 D or S.
     
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  3. bkozak33

    bkozak33 Collector

    I found every Jefferson nickel in circulation except the 50-d. Still missing that one in my set
     
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  4. bugo

    bugo Well-Known Member

    The moral of the story is that you never know what you have (unless you have meticulously cataloged every coin you have) until you look. I didn't find a '33 double eagle or anything like that but I found two desirable dates.
     
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  5. bugo

    bugo Well-Known Member

    I just found a 1950-P dime in a roll at work. Now for the elusive 1950-D nickel.
     
  6. Treashunt

    Treashunt The Other Frank

    A couple?

    There is only one Jefferson 'key date'.
    The 1950 D, all others are also rans.
     
  7. bugo

    bugo Well-Known Member

    Depends on your definition of "key date". To me, it is the most elusive dates of a certain coin. It doesn't have to be a 1933 double eagle to be a key date.
     
  8. Lehigh96

    Lehigh96 Toning Enthusiast

    It is soooooo hard to find a 1950-D in circulation. The majority of the small mintage was hoarded in mint state and remains in that condition today. I remember owning one and selling it on E-Bay.

    [​IMG]
     
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  9. bugo

    bugo Well-Known Member

    The only 1950-D nickel I own came from the local coin shop and is well-circulated and has some nice patina. You're right, they are rare in circulation. The nickels I found are rare as well, but they're out there. So are buffalo nickels and V nickels.
     
  10. CamaroDMD

    CamaroDMD [Insert Clever Title]

    You know what's funny, when I first started collecting coins as a kid...my dad bought me several of those old blue Whitman folders and I set out to fill them. I was actually able to fill the whole Jefferson Nickel book (except the war nickels) from circulation. This was probably in the mid 1990s. That was before I had much knowledge of how uncommon the 1950D is in circulation. Today, that is one of my favorite coins...because of how I found it and had no idea what I had, lol.
     
  11. McBlzr

    McBlzr Sr Professional Collector

    Now why would anybody hoard 50-D's in UNC ?

    1950-D_Jeff_Nickel_roll_100_2916 (600 x 450).jpg
     
  12. green18

    green18 Unknown member Sweet on Commemorative Coins

    'cause at the time (contemporary) they'd make a lot of money selling them? They did in fact do that.......till the cat got let out of the bag.
     
  13. CamaroDMD

    CamaroDMD [Insert Clever Title]

    It was known when these coins were released that the mintage was going to be low. Because of that, everyone thought they would be valuable so they were hoarded. As a result, a ton remain today in MS condition so their value is very low.
     
  14. bugo

    bugo Well-Known Member

    According to the infamous red book, a MS 65 specimen is worth $20. Not bad for a coin made of junk metal that isn't all that old.
     
  15. CamaroDMD

    CamaroDMD [Insert Clever Title]

    They have some value...just not what you'd expect based on the mintage.
     
  16. bugo

    bugo Well-Known Member

    Double post. Gotta love dial up.
     
  17. bugo

    bugo Well-Known Member

    Then they're a great value and should be snapped up because they will eventually go up in value.
     
  18. CamaroDMD

    CamaroDMD [Insert Clever Title]

    That's not what I said...you are missing the point. Most coins get circulated...thus only a small percentage of the original mintage are saved in MS. This is not the case of the 1950-D nickel. It was well known prior to it's release that it would be a very small mintage so they were hoarded in high grade and not circulated. As a result, MS examples are more common today than circulated examples. There are more MS examples of the 1950-D in existence today than other higher mintage dates.

    My point is, the mintage alone doesn't dictate the value. It's all about supply and demand. There is a large supply of these coins in MS...that is why they are so cheap relative to their mintage.
     
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