How many unc westward journey nickels do you have?.

slab nickels? how you kidding.

no. no plan to slab and sell them. i just love nickels. i will keep them till i die. 50,000 of nickels is nothing for me. it is just 1% of my total coin collection in term of monetary value.

 

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I am just glad your having fun with them! Do you keep them in a big jar? bags? piled in the corner?

 

It is true that in order to have much chance of making money on new issues you have to have what others don't. It doesn't matter if it's 100 rolls of "handshake" nickels or 50 1999 proof sets.

The '76 quarters have been mentioned as being common and worthless but this is not entirely true. Many millions of these coins were set aside back in '76 to '78 but most have been released to circulation since those days. This has caused the price to go up to over $16 per roll of $10. Obviously this was a losing proposition to the millions who set coins aside simply because so many coins were set aside. But how many collectors sought these coins? How many advanced numismatists sought out the finest examples and the most esoteric varieties to save for their collections and future generations?

Virtually none!

Collectors of that era were far too preoccupied searching for the highest grade Morgans to even glance at pocket change. So today the high grade bicentennial quarters can sell at prices of up to a couple thousand dollars each. Almost no one looked at the quiarters they were saving. If they had then they'd have seen that they were poorly made and banged up. They might have gone out to look for nice examples. They also might have seen that there are varieties. While the date is pretty boring and varieties are rare, they are out there.

I don't own any of the '04 nickels yet. Every few years I update my collections and start setting aside nice duplicates but these are still too new for me. I do set aside new coins from time to time though when they appear to be getting overlooked. Things like 2004 dimes are certainly on that list.

There's nothing wrong with saving these nickels and those who have already have enough value in the increase of the metal value to pay for fling but it is not wise to sit on large numbers of coins that other people also have. If you want to collect a bag set then have at it, but don't just save a bag of something that everyone has.

 

I have quite a few of westward journey nickels, too in OBW rolls. For those who scoff this is foresight.

In a decade gold and silver will be worth too much for new collectors to get into. If gold is $2-3k per ounce how much will numismatic be worth? If you are starting out, how much pre 33 can you buy?

Humans love to collect crap from lunch boxes to beanie babies to anything we can amass. In the future people wil be collecting the "modern crap," because they love coins and that is all they can afford.

I don't collect much modern but what I have will go up in value significantly, unless I have guessed wrong. I don't suspect there will be complete sets of OBW westward journey nickel sets both P & D in18 years.

Since 1938 the changes to the nickel have been miniscule. Even the current issue only has a new obverse, the reverse just has more details. Whoopee.

How many nickels have been minted since 1938? I don't know and I am not going to add them up either. How many have a new obverse and reverse? A very small percentage. How many are in OBW rolls? An even smaller percentage.

You do the math. Besides, if I am wrong, nickel will be worth much more than face, and I can melt them if need be. coinflation.

For those who scoff, just remember the "modern crap" will be worth something to the next generation of numismatists, because the price of gold and silver will be astronomical.

Delawarejones

 

W.J. Nickel dilemna

If,and only if,you purchased them from the Mint in the multicolor rolls,will you ever realize a premium over face value of your Westward Journey nickels in your lifetime.
I'm positive that I could sell any of these $2 face value rolls for double that or $4.
The problem is that they cost $9.95 plus $4.95 shipping for two rolls.:headbang:

 

Dont be too sure Mikjo0:

I think those will be worth much more than face in 10-15 years. If I am wrong, I can still spend mine, bought for face value or just slightly over, or take them and sell for melt value. Nickel and copper is going up.

Delawarejones

 

You could be right.I didn't factor in the "value of metal" thing into my equation...good point dJ.l

 

You have to look at the potential of a coin and determine if a coin will do anything now or in the future. I bought five sets of the P and D mint rolls of each coin and wish I would have bought more, because the potential of these coins are now. I sold one set roll of each coin as a lot and sold four lot at an average of $136.00 each for a total of $544.00. Not bad for a $223.75 investment, that over a 200% profit in two years. Tell me one coin that has done that.

 

mintage for ocean in view

final mintage for ocean in view: P - 394,080,000 D - 411,120,000

 

I realize that this quote is month's old, but where would alot of these collector's, just in Coin Chat have gotten started with their old coin's that their Grandparent's put back to save when at the time it was new or as you put it "modern crap", so the "modern crap" we put back now will give our grand kid's and great grand kid's their start.

just my thought's

John

 

John,
Very well said, I just don't know why anyone that says they are a collector of coins would use that type of language about what his fellow collector puts in his collection.

 

When will they stop. It has been two years since the peace medal has came out and it is selling 10X the mint price for a mint roll.

 

i just added 2000 more,i still don't know why.............maybe i just like big piles of coins..................happy holidays everyone!

 

westward nickels are cheap

check the price from 1982 to present. the price of nickel under the uncirculated roll. westward journey nickels are one of the cheapest.

1982 275.00/roll
1982d 76.00
1983 85.00
1983d 36.00
1984 34.00
1986d 42.00
1992 48.00
1995d 20.00
1997d 32.50
1998d 13.50

 

I'm not sure where you got these prices from, but try too buy a 2004 P & D Peace Medal mint roll set off of Ebay and you will pay on average $80 for the set(this is mint rolls and not bank rolls). Now I'm not saying that your fig. are wrong, I just saying that the buyers set the price and they have set it at $80. This is called Supply and Demand. So everyone can called them junk but I will take this kind of junk any time.

 

None. I went through all this with the Bicentennial Quarters. Myself and a freind went nutty stock piling them. He ended up with thousands. After almost30 years at coins shows you hear Nope, don't want any of those things. So we both did the smart thing and dumped them all in a bank. Would have at least received interest in the bank instead of a pile of metal

 

check it out

prices are from the coin prices - january issue 2007.

 

Gah! That seems like a HUGE mintage.

 

Yes there is 53 auction for Peacr Medal Nickels but there is only two auction for 2004 Mint rolls, one is at $54.05 with 4 days and 20 hr to go and the other is a buy it now for 78.95. I think they are still going strong.

I know that when the market stables and the supply surpass the demand the price will go down that is economic and I'm not arguing that point, I'm just saying that these cion are not junk.