Nickel finds...

[Snee]

I got $20 in nickels from the bank today. I wasn't sure what the cut-off date should be for the ones I keep. So I just went ahead and kept everything from 1969 and before...The 1948 is also pictured there, but I actually just found that under some steps a few months ago... My finds are:

1969 D--2
1969 S
1968 D
1968 S
1966
1965--3
1964--12
1962--2
1961--2
1960
1959
1955--2
1954
1940

32 pre-70's...not bad. Why on earth were there so many 1964's though? Too bad they weren't made of silver...

 

Amazon Forum Fav 👍

Family Maps of Hinds County, Mississippi, Deluxe Edition - Grab it through Amazon!

[Born2Dtect]

You are right, Snee. I claim temporary amnesia. Check this out from TheCoinAlley.com .

A Second interesting coin fact is, what are coins made of?

Well in 1792, the United States Mint required that all coins minted would be made of copper, silver, or gold. This was the standard for over a hundred years, and in 1965 Congress decided to stop using silver in Dimes and Quarters, and reduced the amount of silver used in dollars and half dollars as well. Well that was the past, what about today's coins, what are they made of. Nickels, Dimes, Quarters, and Half Dollars are made of copper and nickel of different percentages. The Golden Dollar (Sacagawea) was made of copper, nickel, zinc, and manganese.

No wonder I was confused. Not really I was just concentrating on why they made so many nickels in 1964? Any thoughts?

Ed

 

Amazon Forum Fav 👍

DR.ÖTEK Metal Detector, Waterproof Gold Detector, Pinpoint & Terrain Modes, Professional Metal Detector - Grab it through Amazon!

[ZumbroKid]

I believe they made the 1964 nickle for 2 years. Check and see if i'm wrong! I rather new at this coin roll hunting hobby. But i believe i read this somewhere.

 

[Jeffro]

I remember reading somewhere(possibly Coinworld) that the silver content of wartime nickles is higher (by weight) than the other silver coins, making them worth more than dimes quarters etc pre-1964.

In other words a silver dime pre '64 had 90% silver making it worth 9 cents back then. A silver wartime nickel had enough silver in it to make it worth more than 4 1/2 cents. does that make sense? LOL, having a hard time coming up with this concept.

another way of putting it is- there is more silver in a 35% wartime nickel than half a 90% silver dime.

anyways, I'll try and find the article again, the gist was that the silver content in the wartime nickels was appreciable.

 

[Immy]

They're close but the pre-1964 dime has more silver content.

Wartime nickel - .05626 oz. actual silver weight
pre-1964 dime - .07234 oz. actual silver weight

With silver at around $8.00 per oz. right now, wartime nickels are worth about 45? each in bullion value. Add or subtract roughly 5? in value for each dollar silver goes up or down (if silver were $9/oz. each nickel would be valued at 50?).

 

[ZumbroKid]

You folks here going to get in on the competition coin roll hunt this weekend?