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Will the Jefferson Nickel Wake Up, in this Decade ?
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<p>[QUOTE="Lehigh96, post: 785950, member: 15309"]I firmly believe that a significant portion of the current modern collectors that were brought into the hobby by the state quarter program will eventually graduate into collecting coins from the classic era. For the most part, I expect this group to be the most serious of the modern collectors who are interested in more than filling a whole in an album by searching pocket change.</p><p><br /></p><p>The graduating class will most likely be comprised of modern registry collectors and coin forumites who have no choice but to learn about coins other than mint products. Once these collectors peak into the past, there is no going back. What classic series they choose to collect will largely depend upon their financial situation. I have shown that the Jefferson series appeals to all, rich or poor, and I would expect that many choose the Jefferson series to collect. The gateway is the war nickels. They are very affordable, extremely attractive, contain an overdate, the best Jefferson variety, and come both blast white and dramatically toned. An interest in the very popular war nickel short set will result in more full set Jefferson collectors. That is how the series got me!</p><p><br /></p><p>However, I should point out that I don't think that increased interest in the series will have much impact on the price of the coins. IMO, the only coins that stand to see a price bump are those top pops that are coveted by registry collectors. For example, this coin would likely jump in price:</p><p><font size="4"><span style="color: Blue"><br /></span></font></p><p><font size="4"><span style="color: Blue">1952-S Jefferson Nickel NGC MS67: Numismedia Wholesale: $120 Population 33/0</span></font></p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels/JeffersonNickel1952-SNGCMS672990-2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>With a population of only 33 and no full step nickels, this coin would be prime to increase in price if the registry demand increase even just a little. Now here is a Jefferson Nickel that is destined to be mired at its current price range for a long time to come:</p><p><font size="3"><span style="color: Blue"><br /></span></font></p><p><font size="3"><span style="color: Blue"><font size="4">1942-S Jefferson Nickel NGC MS66: Numismedia Wholesale: $31 Population 2924/1293</font></span></font></p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JeffersonNickel1942-SNGCMS66Star.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>With over 1,000 coins available to collectors in a higher grade, the Jefferson series would need all of the Lincoln collectors to simultaneously dump their series and cross over to increase the value of this coin.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 785950, member: 15309"]I firmly believe that a significant portion of the current modern collectors that were brought into the hobby by the state quarter program will eventually graduate into collecting coins from the classic era. For the most part, I expect this group to be the most serious of the modern collectors who are interested in more than filling a whole in an album by searching pocket change. The graduating class will most likely be comprised of modern registry collectors and coin forumites who have no choice but to learn about coins other than mint products. Once these collectors peak into the past, there is no going back. What classic series they choose to collect will largely depend upon their financial situation. I have shown that the Jefferson series appeals to all, rich or poor, and I would expect that many choose the Jefferson series to collect. The gateway is the war nickels. They are very affordable, extremely attractive, contain an overdate, the best Jefferson variety, and come both blast white and dramatically toned. An interest in the very popular war nickel short set will result in more full set Jefferson collectors. That is how the series got me! However, I should point out that I don't think that increased interest in the series will have much impact on the price of the coins. IMO, the only coins that stand to see a price bump are those top pops that are coveted by registry collectors. For example, this coin would likely jump in price: [SIZE=4][COLOR=Blue] 1952-S Jefferson Nickel NGC MS67: Numismedia Wholesale: $120 Population 33/0[/COLOR][/SIZE] [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels/JeffersonNickel1952-SNGCMS672990-2.jpg[/IMG] With a population of only 33 and no full step nickels, this coin would be prime to increase in price if the registry demand increase even just a little. Now here is a Jefferson Nickel that is destined to be mired at its current price range for a long time to come: [SIZE=3][COLOR=Blue] [SIZE=4]1942-S Jefferson Nickel NGC MS66: Numismedia Wholesale: $31 Population 2924/1293[/SIZE][/COLOR][/SIZE] [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JeffersonNickel1942-SNGCMS66Star.jpg[/IMG] With over 1,000 coins available to collectors in a higher grade, the Jefferson series would need all of the Lincoln collectors to simultaneously dump their series and cross over to increase the value of this coin.[/QUOTE]
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