One of the coins I need to complete my jefferson collection is, of course, the 1950-D. Was just cruising e-bay and looking at their completed auctions for above-said coin. I'm baffled. AU/BU 1950-D's can be had for $10-$14. What is curious is that the 1950-D's that grade G/VG/F are going for $8-$10 (I'm including shipping here). Why is there such a small difference in price? Or more precisely, why aren't BU examples of 50-D's going for more money? And is this typical of the Jefferson series? I'm asking because I've never tried to buy individual Jeffersons and I find this curious.....
Well its one of those strange things in our hobby! Back in the day of 1950 it was known that the mintage of nickels was small, so they were hoarded... Result = A lot of high grade examples because not a lot of them made it to circulation. Peoplel on ebay are over paying (imo) but you see the thing is, if people have a whitman folder of nickels they have pulled from circulation, they don't nessicarily want a BU 1950D right in the middle of the the circulated collection, so for the sake of uniformity they buy a lower grade 1950D and right now, folks are paying quite a bit for them! Just my opinion...
Just to add to what dak said, because some coins in the Jefferson nickel series were hoarded and others were not . That means there is a big premium on coins in that series that will surprize you like the 1942-D this coin in BU grade can run up to as much as $40.00. It is my opinion that the 1942-D and the 39-S will be the key date coins in the future of this series. And as for the 1950-D I would try to buy as many examples in ex-fine as you can afford that is if you collect the Jefferson series. Bruce.
Having completed my Whitman Jefferson folder #1 a couple months ago here are my purchases: The 1950-D at a coin show for $10 in unc. other dealers had them for as high as $16. The 1938 was found in rolls. 38D & S were bought as were all the 1939 coins. One of them, 1939D I think was $10. Many were leftovers from a set I started in 1963, pulled out of change when I was a kid. The rest were bought at coin shows for 2 to 3 dollars each. An uncirculated 1940 and a 1961 proof were found in change. It helps to search your change from coin stores.
Hey Bruce! long time no chat. I've been posting my Kennedy finds. See "1984 Broadstrike" thread. Also just got 2 mint rolls of 2005 P&D Kennedys today for face at small bank. I have some type of black nickle too found in rolls. Take care on the fairways..
No doubt about it. Dealers bought up all they could get, as soon as the mintage numbers were released, and most of the rest, that made it to circulation, were quickly put aside. I have a friend who has a '50-D in AG condition. It's probably one of the hardest to find "condition rarities" among US coins.