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Posting Jefferson nickels in order by date
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<p>[QUOTE="RonSanderson, post: 3355619, member: 77413"]I have some further thoughts on the availability of these modern coins.</p><p><br /></p><p>Don't look for graded coins to be the supply for future collectors. Here are the NGC statistics for 1998-P.</p><p>[ATTACH=full]888544[/ATTACH]</p><p><br /></p><p>First, out of 688,272,000 coins minted, fewer than<i> three rolls </i>have been sent to NGC for grading. If I felt my beat-up looking example was inadequate, could I just go to the LCS and grab one in a slab. No way - unless they had one in the dollar bin.</p><p><br /></p><p>But, also, notice the grades. Not a single one in MS68. Just a quarter of a roll - ten nickels out of two-thirds of a billion coins - made it to MS67. A PCGS MS67 FS <a href="https://coins.ha.com/itm/jefferson-nickels/1998-p-5c-ms67-full-steps-pcgs/a/1237-3303.s?type=NGC1237" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/itm/jefferson-nickels/1998-p-5c-ms67-full-steps-pcgs/a/1237-3303.s?type=NGC1237" rel="nofollow">sold at Heritage</a> a few years back for $540.</p><p><br /></p><p>I think this is bifurcated market. One the one side are collectors and dealers who consider this basically pocket change and neither value nor preserve it. On the other side you have some registry set collectors who need it graded, and graded by a particular TPG. In between are collectors who find that there are more early Lincolns offered for sale than nickels from 20 years ago.</p><p><br /></p><p>Some day we will look around and realize nobody actually bothered to save any.[/QUOTE]</p><p><br /></p>
[QUOTE="RonSanderson, post: 3355619, member: 77413"]I have some further thoughts on the availability of these modern coins. Don't look for graded coins to be the supply for future collectors. Here are the NGC statistics for 1998-P. [ATTACH=full]888544[/ATTACH] First, out of 688,272,000 coins minted, fewer than[I] three rolls [/I]have been sent to NGC for grading. If I felt my beat-up looking example was inadequate, could I just go to the LCS and grab one in a slab. No way - unless they had one in the dollar bin. But, also, notice the grades. Not a single one in MS68. Just a quarter of a roll - ten nickels out of two-thirds of a billion coins - made it to MS67. A PCGS MS67 FS [URL='https://coins.ha.com/itm/jefferson-nickels/1998-p-5c-ms67-full-steps-pcgs/a/1237-3303.s?type=NGC1237']sold at Heritage[/URL] a few years back for $540. I think this is bifurcated market. One the one side are collectors and dealers who consider this basically pocket change and neither value nor preserve it. On the other side you have some registry set collectors who need it graded, and graded by a particular TPG. In between are collectors who find that there are more early Lincolns offered for sale than nickels from 20 years ago. Some day we will look around and realize nobody actually bothered to save any.[/QUOTE]
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Posting Jefferson nickels in order by date
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