Kudos to coin dealers/ Jefferson nickel

Discussion in 'US Coins Forum' started by covert coins, Nov 6, 2009.

  1. covert coins

    covert coins Coin Hoarder

    Well went with my wife to visit some friends down near Toronto. I collect mostly US coins so thought I might try a couple of local shops and see what they had on hand. I found a coin shop and picked up a few wheats. This was a mom/pop type of coin shop and the guy dumps out a sack of wheats and says to go through them. In a short time I find a lamination error coin and a 1909 S wheat with doubling on the "1" &"9". Probably machine doubling. I pointed these out to the coin dealer who was happy to have them. He also pointed out some grading points to me which I had over looked. KUDOS to coin dealers who are always wanting to share there knowledge. It was a great 3 hr experience. Anyways he had a 1945 Jefferson Nickel probably fine at best. Had a HUGE die crack at 5 o'clock on the obverse. He had no idea what to ask for it and neither did I because he does not deal in varities often especially US coin. Anyone have an idea regarding the value of this. I like the coin but don't want to pay way over what it is worth..
     
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  3. TheBigH

    TheBigH Senior Member

    He had a 1909 S Lincoln in a sack with other coins?
     
  4. covert coins

    covert coins Coin Hoarder

    A misquote there sorry a really nice 1909 vdb no S sorry. Yeah but he had a whole sack of wheats that he had not looked through.
     
  5. Treashunt

    Treashunt The Other Frank

    covert:
    I am willing to bet that it was not a die crack, but rather a common lamination error, that resembled a die crack.
    Very common on War nickels
     
  6. Just Carl

    Just Carl Numismatist

    Maybe I'm wrong but a lot of so called Mom and Pop stores are run and owned by some really sharp, well experienced people. Also, as a rule if they've been in buisness for a long time, there is a real good reas for that. Possibly it's called salesmanship. That so called UNSEARCHED bag of coins could well be just that, a sales thing. If so, it really did work, now didn't it? Possible it is a really honest to goodness, sincere coin dealer but HMMMMMMMM.
     
  7. covert coins

    covert coins Coin Hoarder

    Well to say that the dealer was experienced sure. I would be also if I were doing it for 40yrs for a living. My phrase of Mom/Pop by no stretch of the imagination implied inexperienced. It can be called salemanship but the whole thing is my total bill for 3 "s' mint wheats was $15 Canadian. So a little information traded back/forth and a good time had by me. He was happy for what I found and immediately put them in holders and marked them. SO Frank what does a lamination error go for that coin?
     
  8. TheBigH

    TheBigH Senior Member

    A lamination error on a war nickel really doesn't carry a premium. The alloys were notorious for not 'mixing' well, so laminations are very common for that series.
     
  9. covert coins

    covert coins Coin Hoarder

    Thanks Big H.. appreciate the info
     
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