Worth Saving pre-1960 nickels?

Discussions pertaining to the investing in, collecting and saving of U.S. CuNi Nickels and Canadian Ni and CuNi Nickels, and other coins containing nickel. Put in your "5 cents" here.

Worth Saving pre-1960 nickels?

Postby Pennysaved » Wed Aug 02, 2023 1:42 am

I was a hand sorter of nickels that I bought from the bank several years ago and saved all the pre-1960 nickels.

Is it worth keeping these or would you just put them back in circulation?
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Re: Worth Saving pre-1960 nickels?

Postby Recyclersteve » Wed Aug 02, 2023 2:09 am

I know someone who pays 7 cents each for pre-59’s and 59-P’s. That’s not too exciting, frankly.

You might consider trying to get 9-10 cents each for them at your local coin club or a local coin show.
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Re: Worth Saving pre-1960 nickels?

Postby galenrog » Wed Aug 02, 2023 7:37 am

The premium on early Jefferson nickels is low. Typically, after removing War Nicks, Key Dates, better condition, and errors of various types, I divide into two date ranges. 1938-1949, and 1950-1959. When I have a box (2000 coins), I list them at $400/box and $300/box, respectively. Do I get that? Sometimes.

Time for more coffee.
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Re: Worth Saving pre-1960 nickels?

Postby cwgii » Wed Aug 02, 2023 8:03 am

I have saved them, since day one of sorting. I have them sorted to solid date,mm.
One day soon I have to decide on their future.
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Re: Worth Saving pre-1960 nickels?

Postby hobo finds » Wed Aug 02, 2023 4:12 pm

As of this post nickel value is still over face value based on metal content. I save them all. But one day my kids will have to get rid of them... there is a post here with nickel mintage some have much lower numbers than the rest.
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Re: Worth Saving pre-1960 nickels?

Postby cwgii » Wed Aug 02, 2023 7:55 pm

Yes, I do the pre 60,
60,61,2,3p, 68 d, 09
And Canadian
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Re: Worth Saving pre-1960 nickels?

Postby Silver4face » Thu Aug 03, 2023 10:59 am

Excellent thread which has been touched upon in the past in other threads. I know a dealer that pays 6.25 cents per ($2.50 per roll). I suspect there are other dealers paying the same price. There are also dealers that absolutely will not buy them except for 1950 D or UNC rolls (good luck finding those!!!!!). But most importantly, I successfully SELL these for 3-4 dollars per roll (coins range from G to F condition). Just sold a roll of 1946 for 4 dollars at a flea market last Sunday. Sold 7 rolls of pre 1960 at that same flea market a few weeks ago. I have only been selling 1946-1959, but I am thinking about selling some 1939, 1940, 1941 since I have almost three thousand of those.
Buy rolls NOW while you still can!
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