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<p>[QUOTE=&quot;Paddy54, post: 2186703, member: 19250&quot;]In 1964 I was 10, the only Jefferson&nbsp; nickel I needed to complete&nbsp; my album was a 50 D. They were like hens teeth, seldom did anyone&nbsp; find one in change. If you did the condition&nbsp; was F- XF.</p><p>Next remember&nbsp; most YN&#039;S as well as collectors&nbsp; in&nbsp; general&nbsp; searched their pocket&nbsp; change for coins needed for their Whitman&nbsp; albums.</p><p>Also note in 1964 one would spend silver coins as well as buffalo,and silver war nickels&nbsp; daily just like you spend your pocket&nbsp; change today</p><p>Next remember&nbsp; grading&nbsp; was simple G,F, VF,XF, BU, UNC.&nbsp; No MS grades at that&nbsp; time.</p><p>At the LCS a UNC 50 D Jefferson&nbsp; would&nbsp; cost if they had one around $35 in UNC. Condition, around $265. In today money buying power.</p><p>Unless graded in a slab in MS-64 &amp;FS, a raw UNC. 50 D in today&#039;s&nbsp; money are around $15.00.</p><p>As the 1950 D nickels were a low mintage&nbsp; and hoarded in rolls this is a bad example&nbsp; to use in this scenario&nbsp; as after the market flooded with unc. rolls the price of this early key coin dropped.</p><p>Plus you cannot&nbsp; count on inflation&nbsp; as a factor&nbsp; in this scenario , as other factors&nbsp; discount&nbsp; that,such as nickels flooding the market making them less rare.</p><p><br /></p><p>If you buy and collect&nbsp; KEY ,high grades coins yes you could use them in this scenario . But for the most part the collector in this hobby is in a win ,loose or draw scenario.</p><p>I would think that over 90% of the collectors&nbsp; here plan to pass on their collections,or have an exit plan in case of their passing.</p><p>Yes you can make a profit in coins,but like PM&#039;s,stocks and other negotiable&nbsp; items you better know&nbsp; what to buy,when to buy, and when to sell.</p><p>And the true test in buying&nbsp; or selling&nbsp; anything is what another is willing&nbsp; to&nbsp; pay ! </p><p>Case in point how many people are under water&nbsp; in their homes in this country?</p><p>How many people took a 40-60% loss on paper in their 401 K &#039;s and IRA&#039;s?</p><p>Profit and&nbsp; loss all depends on what the market&nbsp; will bear![/QUOTE]</p><p><br /></p>

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