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<p>[QUOTE="cladking, post: 108869, member: 68"]The nickel had eroded severely in value by 1983. Indeed, compared to the '39it was worth about one cent. Today it's worth about a third of that. To me this isn't relevant except to the degree it affects their circulation. Very low value coins don't circulate well because there is little incentive to keep them moving. If they aren't tying up much money then one can accumulate large quantities of them. This has applied to the '83 to a far larger extent than to the '39. The '39-D was pulled out of circulation because it had a premium and the '83-P was pulled out because it had no value. Be this as it may though you'll be hard pressed to find an '83 in better than XF. Most are an unattractive VF and there isn't a lot of range in circulation. Interestingly there are also seven distinct varieties of the '82 and these get no interest either. </p><p><br /></p><p>Just curious but if you don't like an '83 nickel because it's bout equivalent to a penny then do you also dislike half cents because they were even lower value. Is a $20 gold piece superior to a Morgan dollar because it's more money? People collect what they like and if you don't like modern nickels then you don't like modern nickels. The inflation started big in the late '70's. Is this where you cut off your collection? Have you tried finding a nice attractive '70-S or '75 nickel? </p><p><br /></p><p>It is true that the low prices on the moderns greatly supresses the numbers submitted for grading but even where the prices are plenty high enough to warrant slabbing the populations will be lower than the older coins. Perhaps the number of collectors will cease its growth at these low levels and there won't be a lot of increases in the future. But, every coin in circulation is a calling card and there are more rare coins circulating than at any time since the beginning of the 20th century. They are fun to collect and it seems improbable more people won't discover this. I still have to believe if you are seeking value, it is far more available with the later date coins. </p><p><br /></p><p>It wasn't too many years ago that Krause was the biggest supporter of moderns. While they don't bash them, they'll go out of their way to not say something positive about them. GDJMSP is right that the story would have been thrown back at Green had he talked much about the '83.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 108869, member: 68"]The nickel had eroded severely in value by 1983. Indeed, compared to the '39it was worth about one cent. Today it's worth about a third of that. To me this isn't relevant except to the degree it affects their circulation. Very low value coins don't circulate well because there is little incentive to keep them moving. If they aren't tying up much money then one can accumulate large quantities of them. This has applied to the '83 to a far larger extent than to the '39. The '39-D was pulled out of circulation because it had a premium and the '83-P was pulled out because it had no value. Be this as it may though you'll be hard pressed to find an '83 in better than XF. Most are an unattractive VF and there isn't a lot of range in circulation. Interestingly there are also seven distinct varieties of the '82 and these get no interest either. Just curious but if you don't like an '83 nickel because it's bout equivalent to a penny then do you also dislike half cents because they were even lower value. Is a $20 gold piece superior to a Morgan dollar because it's more money? People collect what they like and if you don't like modern nickels then you don't like modern nickels. The inflation started big in the late '70's. Is this where you cut off your collection? Have you tried finding a nice attractive '70-S or '75 nickel? It is true that the low prices on the moderns greatly supresses the numbers submitted for grading but even where the prices are plenty high enough to warrant slabbing the populations will be lower than the older coins. Perhaps the number of collectors will cease its growth at these low levels and there won't be a lot of increases in the future. But, every coin in circulation is a calling card and there are more rare coins circulating than at any time since the beginning of the 20th century. They are fun to collect and it seems improbable more people won't discover this. I still have to believe if you are seeking value, it is far more available with the later date coins. It wasn't too many years ago that Krause was the biggest supporter of moderns. While they don't bash them, they'll go out of their way to not say something positive about them. GDJMSP is right that the story would have been thrown back at Green had he talked much about the '83.[/QUOTE]
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