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<p>[QUOTE=&quot;nickelsorter2017, post: 3076572, member: 87853&quot;]Unless you are a millionaire, don&#039;t buy slabbed coins. Nobody except rich people collect MS 60-70 graded coins. Dealers are continually slabbing and reslabbing AU and marginal UNC coins until some service gives it a better MS 60+ grade. Forty years ago, nobody collected slabbed coins. Forty years from now, the same might be true. Dealers will hate this advice because it constitutes a significant portion of their profitable sales.</p><p><br /></p><p>And if you haven&#039;t figured it out yet, it&#039;s a very bad investment to buy the current coins in proof condition. If you like proof coins, that fine. But don&#039;t expect to ever get your money back. I bought proof sets in the early 1970s. For $5 each. With inflation factored in, those sets would have to sell for $100+ each. Good luck getting more than your original $5 back.</p><p>Collecting is about searching for coins that you can afford. If you can afford them, then they are a better form of entertainment than spending the same money on booze and ruining your health.</p><p><br /></p><p>I&#039;ve gone back to roll searching Jefferson nickels and have found all of them except the 1938s, 1943d silver war nickel, 1950d and 1951s... and I am in the Midwest area serviced by the Denver Mint and Chicago Fed. Not bad after only searching about $5000 worth of rolled nickels from 2 local CUs. The 3,118 nickels dated 1964 that I have found and still hold are impressive. I was in elementary school in 1964. The nickels dated 2009 that I have found are surprisingly difficult to find due to hoarding - I have only found 31 of them.</p><p><br /></p><p>It&#039;s nearly impossible to collect the current US coins because the cent and nickel are valueless sales tax tokens (similar to the sales tax tokens of the preWW2 era) and the dime is good for a piece of gum. Quarters circulate and get used in machines, but they are clad and have high mintages. The half dollar is considered to be a cruel joke by Millennials and the dollar coins don&#039;t get handed out because people prefer a piece of paper dollar instead.</p><p><br /></p><p>Some day the US dealers will wake up and demand a new coinage, but probably not until the baby boomers are all retired.[/QUOTE]</p><p><br /></p>

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