what does the new 2005 nickel look like?

Discussion in 'US Coins Forum' started by trisha, Apr 15, 2005.

  1. trisha

    trisha New Member

    are they making a new nickel or do we have a mis-strike? thanks
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    They made 2 new nickels last year and 2 more new ones this year. To see them Click Here
     
  4. Midas

    Midas Coin Hoarder

    Are you serious? You don't know what the new nickel looks like????

    [​IMG] [​IMG][​IMG]

    sorry about the double post
     
  5. Spider

    Spider ~

    thatd be a big mis strike
     
  6. Speedy

    Speedy Researching Coins Supporter

    We must remember guys that some people don't know about the newer coins...
    Speedy
     
  7. lawdogct

    lawdogct Coin Collector

    ....and if ebay prices for a $100 box indicate how much they're being hoarded and how little is hitting the public in general....I'm not suprised either. I've even had bank teller's reply "There's a new nickel?" when I ask if they have any rolls.
     
  8. raxafarian

    raxafarian New Member

    I got 2 dunbar rolls at the bank yesterday. I think I'll go back today for some more. Why do they put them 'tail...tail'? I'll assume they are 'p's since I'm in CT.

    Buffalo's look in excellent condition.

    How does distribution work? Mint to fed reserve. Fed reserve to Armored car companies? Does dunbar make rolls from mint bags? Just curious.
     
  9. KLJ

    KLJ Really Smart Guy

    Distribution goes thusly. Mint sells the coins to the Fed (for face value, I believe. That's when seignorage (sic?) is credited to the government's books). Banks buy the coins from the Fed (I believe the Fed charges a small fee). They're not sold to local branches, however. The bank corporation buys them, and then corporate HQ doles them out to the branches on the basis of need - of commerce, not collectors. Armored car companies only get coins when they're contracted to take the coins from point to point in the sales process.
     
  10. crystalk64

    crystalk64 Knight of the Coin Table

    raxafarian, The mint ships coins to the Federal Reserve Banks in HUGE bags now, one per skid, and does not roll any coins on site. Any coins purchased from the mint in mint rolls have been sent out and rolled by armored car companies or banks and then returned to the mint for sale to collectors. The small money bags the Mint used to use have been retired and are being sold to collectors at this time. Hope this helps with your question.
     
  11. satootoko

    satootoko Retired

    Not so. Only the very largest banks buy direct from the Fed. Most coins get to the local bank branches through the armored car companies, which buy them in huge quantities, roll and box them, and fill individual branch bank orders.
     
  12. Spider

    Spider ~

    yup roy, ur right i asked the lady at the bank, they order seperate
     
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