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<p>[QUOTE="Paddy54, post: 2196965, member: 19250"]One must remember why the nickel was minted in the first place. It was minted for a few very important reasons. One after the Civil war to get coinage into the main stream. Silver coins were hoarded. After the war they needed a work horse to fuel up the economy . A coin that would wear well and would not be kept because of its melt value.</p><p>The cent and nickel was the working man's coin.</p><p>I would venture to say from 1866 to 1966 and maybe a few years longer a nickel had buying power. In the early years it got you lunch and a beer,it got you a good cigar.Towards the latter part of the 100 years I'm talking about the time of my childhood a nickel got you, a candy bar, a 8 oz. Coke, a hand dipped ice cream cone, and five pieces of penny candy. You could buy a news paper for a nickel, in 1964 you could go to a McDonald's and for 5 nickels get the equivalent of a quarter pounder meal deal.</p><p>Yes a burger,fries,and a drink for a quarter !</p><p>Now one also must think about this work horse. Yes for the most part millions were minted, and used daily. And over this 100 year period you better know they been through hell and back. Cleaned yes ,any coin over 150 years old I would bet has been exposed to some sort of cleaning or wear.</p><p>Anytime you find a coin that age is 150 years plus,and the coin was in circulation for the most part of that time period and is in vf to xf condition you have scored well.</p><p>As collectors all of us for the most part want high grades xf or better coins. But our wants always exceed our needs.</p><p>Nickels are for the most part not a highly desired coin to collect. Unless you're talking a 1913 Liberty. But some of the highest finial value auctions have been a nickel.</p><p>In my nickel collection I have coins who's values range from face value to thousands of dollars.</p><p>Even those who are in the high dollar price range ,as rare as they maybe are only worth at the end of a day what another collector is willing to pay.</p><p>Coin collecting is like boating some like go fast boats,some enjoy the power of the wind and sailing a long . Be the ride fast or slow it don't matter as long as you enjoy the ride. Because one day all the coins you own will be in the hands of another ,as the coins you hold once where in someone else's hands. Enjoy the ride, enjoy the knowledge.[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 2196965, member: 19250"]One must remember why the nickel was minted in the first place. It was minted for a few very important reasons. One after the Civil war to get coinage into the main stream. Silver coins were hoarded. After the war they needed a work horse to fuel up the economy . A coin that would wear well and would not be kept because of its melt value. The cent and nickel was the working man's coin. I would venture to say from 1866 to 1966 and maybe a few years longer a nickel had buying power. In the early years it got you lunch and a beer,it got you a good cigar.Towards the latter part of the 100 years I'm talking about the time of my childhood a nickel got you, a candy bar, a 8 oz. Coke, a hand dipped ice cream cone, and five pieces of penny candy. You could buy a news paper for a nickel, in 1964 you could go to a McDonald's and for 5 nickels get the equivalent of a quarter pounder meal deal. Yes a burger,fries,and a drink for a quarter ! Now one also must think about this work horse. Yes for the most part millions were minted, and used daily. And over this 100 year period you better know they been through hell and back. Cleaned yes ,any coin over 150 years old I would bet has been exposed to some sort of cleaning or wear. Anytime you find a coin that age is 150 years plus,and the coin was in circulation for the most part of that time period and is in vf to xf condition you have scored well. As collectors all of us for the most part want high grades xf or better coins. But our wants always exceed our needs. Nickels are for the most part not a highly desired coin to collect. Unless you're talking a 1913 Liberty. But some of the highest finial value auctions have been a nickel. In my nickel collection I have coins who's values range from face value to thousands of dollars. Even those who are in the high dollar price range ,as rare as they maybe are only worth at the end of a day what another collector is willing to pay. Coin collecting is like boating some like go fast boats,some enjoy the power of the wind and sailing a long . Be the ride fast or slow it don't matter as long as you enjoy the ride. Because one day all the coins you own will be in the hands of another ,as the coins you hold once where in someone else's hands. Enjoy the ride, enjoy the knowledge.[/QUOTE]
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Kind of confused about my new coin
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