I have yet to CRH nickels, but read all the posts. So, what is the advantage of keeping pre-1960 nickels? Of course I know about the war nickels, the 1950-D,etc.
HH to all,
Legend
HH to all,
Legend
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jrf30 said:And one other nickel to keep. the 2009.
Yes, it is o rare that it will be worth something in the near future. If you find some 2009 nickels, throw them into the keeper pile. The 2010 is hot now, but will die in price when more people find them. Finding those and selling them now stikll works (for unknown reasons) but the 2009 is a pure keeper. :-)
All you say is true as far as the here and now goes, most of the Jefferson's are not worth much in lesser grades right now, but what about down the road? you say all V's and Buff's are keepers and I do for sure, but then so far I have not pulled any of either in great shape so why keep them? because they are really old, well in fifty years that not so great 1947 Jeff is going to be really old to! and wouldn't it be nice to have some then, or to know your children had some? Also as far as the melt ban being lifted goes there is this, do you think if that does come to pass that there will be lots of boxes lying around the banks waiting for you to get?Diver_Down said:When it comes to nickels, you need to understand how they are graded. Keeping any common 1960 and earlier Jefferson nickel is foolish. You might get lucky selling them on eBay, but more often than not, after you factor in the fees, you might end up selling them at or below face. That doesn't make sense. Hoarding them in the event of a lift on a melt ban is silly as if/when the ban is lifted, you can always go to the bank and get a brick. Everyone is a keeper. No skunk boxes when it comes to melting. You might as well let the banks store them. Now if you want to search and cherry-pick the keepers, then you want to look for at a minimum 3-Step and above grades. Ideally, 4 and 5 Full Steps are the ones that a numismatic collector will want.
Of course, my above comments don't pertain to War Nickels. Keep every one of them. Obviously all Buffs and V Nickels are keepers.
Tattooguy67 said:All you say is true as far as the here and now goes, most of the Jefferson's are not worth much in lesser grades right now, but what about down the road? you say all V's and Buff's are keepers and I do for sure, but then so far I have not pulled any of either in great shape so why keep them? because they are really old, well in fifty years that not so great 1947 Jeff is going to be really old to! and wouldn't it be nice to have some then, or to know your children had some? Also as far as the melt ban being lifted goes there is this, do you think if that does come to pass that there will be lots of boxes lying around the banks waiting for you to get?
Chuck.
mts said:It is true that serious collectors do not care about low grade pre-1960 nickels. That doesn't mean that they aren't worth collecting. Many people out here save/collect common wheat cents as well. These will never be worth much. So why do people collect them? Because they are different and they are old. That's a good enough reason for me to collect them as well. You could make an argument that pre-1960 nickels actually aren't "different" and therefore aren't worth collecting. And I could buy that argument. But saying that something which will never be worth much more than face value isn't worth collecting simply because serious collectors won't want it is a bit of a stretch. By that logic most wheat cents and buffalo nickels aren't worth having and you should throw them back into circulation. But surely most people would consider it foolish to do so.
As long as people understand the value of the coin and who may want them, then collect them if you feel like it. You won't ever get rich. But neither will us penny hunters who get excited when we see 10 wheat pennies per box of cents.
legend76 said:I have yet to CRH nickels, but read all the posts. So, what is the advantage of keeping pre-1960 nickels? Of course I know about the war nickels, the 1950-D,etc.
HH to all,
Legend
Now, don't twist my words about making a blanket statement on pre-60 nickels. I never said they weren't worth saving.
Keeping any common 1960 and earlier Jefferson nickel is foolish. You might get lucky selling them on eBay, but more often than not, after you factor in the fees, you might end up selling them at or below face.
the other day i got a box of nickels that had 2 1955~ nickels in it...i almost fainted!ArkhamHouse said:I have started searching nickel rolls in the last month or so with the goal of completing the 1938 - 1961 set. This is something I tried to do years ago, in the 90's. I found all of them except the 1950-D and 1955. Now I am trying again. The stresses of life are considerable, but when I am searching rolls, all of that melts away. I have to say that this the best cheap entertainment that I know of. Also, I have this notion that if I search long enough, I will find something unforgettable. Just my thoughts...
Thanks to all for the excellent posts.
-ArkhamHouse