Where are all the nickels?

Making my debut post today with a question. I didn't see any threads on this topic, so I hope this is a new topic.

When the new Westward Journey nickels were released I purchased a bag and a couple of rolls direct from the mint. Since that time, however, I have not found any in circulation. Even with the state quarters, by this time I would have found one of the mint marks, but not a thing on the nickels. Am I the only one who has noticed this or am I just not passing enough change around? Just curious...

 

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I've seen one or two in circulation, that's it. Found it strange myself. Are people/collectors hoarding them?

 

My 6 year old was begging me for the 1st one I found in circulation for weeks. I still haven't come across one. He finally got his from a dealer at the TNA show...we were walking by & he called my son over & handed him one in a 2x2. He promptly put it in HIS coin book when we got home & shows everyone who comes over his 'treasure'...he loves the fact that he got one before Mommy

 

Well you have to take into consideration the billions of other Jefferson's that are still circulating. With the exception of the silver issues of the mid 40's, they last a very long time in circulation. I received a 1953-P in change from the post office this morning.
Couple this with the fact that for the first time in most of our lives, this is the first change in design. They are being hoarded by everyone.

 

The only one that I have seen was a give away from a coin shop that just opened in my area. The gentleman was handing them out along with a MI quarter to anyone that walked in the door.

 

My wife has gotten 2 in her change so far, My Mom got 1 and my son said he got 1. I have yet to recieve 1 in change, also have not gotten the Florida state quarter yet. Got a '48 nickel in change yesterday and dug a few oldies this morning.

 

I have gotten three of the new P nickels so far, but I did get a beautiful 1959 P Jeff Nickel in change yesterday. It looks as if it has been put away all these years, and someone just spent it at the market for some unknown reason.

Jim

 

I've found a few in change over the last few weeks, but nothing major.

However, a store I was in yesterday had 12 rolls of them fresh from the bank. I bought them all. heh heh.

 

Must be my lucky day. Hadn't seen the new nickel in a while. Today I found one in my change. (I left it at work, so I can't tell you mint mark.)

Also I found the new Florida Quarter in my change! As far as the design, I give it a B or B-; not bad really. I like the big empty fields and the uncluttered look. But (like so many of the new quarters) they could have done a much better job.

 

I get them quite often down here in Southern Illinois. Got one today as a matter of fact.

 

i was over at Food Lion yesterday, and I took a little peek into the register. They had about 15 of the new nickels in that register!! But i didnt't buy them, because the way I figured it, i already have two, let other people get them as well.

Boy, was i dumb

 

So far, they seem to be pretty hard to find here in Georgia as well. I have two that were given to me by relatives but I haven't seen the first one in circulation yet.

 

Haven't gotten any in change yet, but got two rolls from the bank when they came out. Opened one roll and left the other. Gotten three Florida quarters so far...they're alright, better than a giant diamond or a lady with no legs, not to mention a race car!

 

I think that is actually a giant cubic zirconia on the Arkansas state quarter and not a real genuine diamond.



Back to the topic.

Nickels, nickels, nickels...

 

So, speaking of the new nickels..

Is there anything to look out for in this series? I heard there was something in the first minting and it was prone to die cracks. Not sure if that is true or not.

 

Nickel lovers rejoice, everyone you find is now worth 8.3 cents if you calculate the copper & nickel content down at todays prices, thats over a 60% profit, remember silver? Steve

 

But, since you can't melt the coin to get out the base metal I know of no buyer at 8.3 cents....if you do please let us know who it is!

Speedy

 

nickel price

now it is worth $0.0724 each.

 

Your up to date on metal prices Elaine, Speedys ready to melt the darn things not realizing the intrinsic value simply sets a floor/ base value for future value, Budbrain

 

This is an argument I've made off and on over the years to no avail. Coins don't have to be melted to realize the intrinsic value because the metal in coin form is already superior to its counterpart in the scrap heap. But you won't find many people that will agree with this. The conditions don't presently exist for this to happen. If folks someday begin to lose confidence in the paper as began to happen in the 70s, you might see nickels changing hands for more than melt value.

Right now, this looks like a long shot.