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How many unc westward journey nickels do you have?.
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<p>[QUOTE="cladking, post: 171011, member: 68"]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. </p><p><br /></p><p>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? </p><p><br /></p><p>Virtually none!</p><p><br /></p><p>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. </p><p><br /></p><p>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. </p><p><br /></p><p>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.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 171011, member: 68"]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.[/QUOTE]
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How many unc westward journey nickels do you have?.
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