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What is a pound of Buffalo nickels worth ?

PostPosted: Sun Jun 02, 2013 2:46 pm
by 1945v
I was flipping through a recent issue of National Geographic (June 2013) and spotted an ad (from the New York Mint, with a mailing address in Minnesota) selling buffalo nickels at $150 / pound).

1 pound equals 100 nickels and so these guys are asking $1.50 a common buffalo nickel (for Very Good condition). The "deal" also includes a liberty nickel and an arrowhead.
Since they have a full page ad, I assume these coins are grossly overpriced and can normally be had at a flea market or coin dealer for a fraction of that price.

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Sun Jun 02, 2013 4:31 pm
by Engineer
That's about 3x greysheet pricing. My copy is a couple months old, but shows rolls of good/better buffs at $20-22, and rolls of dateless at $5.75-6.25.

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Mon Jun 03, 2013 12:31 am
by HoardCopperByTheTon
Engineer's pricing sounds about right for goods. VG's might be a hair higher. Of course noone could ship them to Canada for that. :mrgreen:

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Mon Jun 03, 2013 8:14 am
by barrytrot
Also 100 US nickels weighs more than 1 pound. It is only the .999 CA Nickels that were made with such a great ratio :)

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Mon Jun 03, 2013 10:50 am
by creshka46
I saw an add like that in some magazine, but it was $40 for a quarter pound (plus s+h). I did the math and a quarter pound is 23 nickels :roll: :thumbdown:

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Fri Jul 19, 2013 3:18 pm
by Klark Cent
1945v wrote:I was flipping through a recent issue of National Geographic (June 2013) and spotted an ad (from the New York Mint, with a mailing address in Minnesota) selling buffalo nickels at $150 / pound).

1 pound equals 100 nickels and so these guys are asking $1.50 a common buffalo nickel (for Very Good condition). The "deal" also includes a liberty nickel and an arrowhead.
Since they have a full page ad, I assume these coins are grossly overpriced and can normally be had at a flea market or coin dealer for a fraction of that price.


I think a pound of US nickels is only about 90.7 nickels. Of course worn buffs could be a little lighter per coin, so you might get 92-93 (just guessing).

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Fri Jul 19, 2013 4:26 pm
by Thogey
You'd almost have to pay me to haul them off. I believe I've been hurt on every nickel deal I've ever done.

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Fri Jul 19, 2013 9:15 pm
by Market Harmony
Thogey wrote:...I believe I've been hurt on every nickel deal I've ever done.


You and me, both... and I'm asking for more punishment. Sending 2 to PCGS to see how much I overpaid :roll:

As to the OP, if you really wanted Buffalo Nickels, then I would suggest that you visit the market area on Realcent and place a WTB ad for the amount you want and a reasonable price you will pay. I'm sure someone has what you want :wave:

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Tue Jul 30, 2013 7:01 am
by tedandcam
barrytrot wrote:Also 100 US nickels weighs more than 1 pound. It is only the .999 CA Nickels that were made with such a great ratio :)


Probably a mis-use of the word ironic but, isn't it ironic that a 100 Canadian nickels are 1 pound and 200 US nickels are 1 kilo?

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Tue Jul 30, 2013 7:11 pm
by scyther
tedandcam wrote:
barrytrot wrote:Also 100 US nickels weighs more than 1 pound. It is only the .999 CA Nickels that were made with such a great ratio :)


Probably a mis-use of the word ironic but, isn't it ironic that a 100 Canadian nickels are 1 pound and 200 US nickels are 1 kilo?

Not a misuse, and I do find that ironic, as I've noted before.

Re: What is a pound of Buffalo nickels worth ?

PostPosted: Mon Oct 28, 2013 3:55 pm
by frugalcanuck
HoardCopperByTheTon wrote:Engineer's pricing sounds about right for goods. VG's might be a hair higher. Of course noone could ship them to Canada for that. :mrgreen:


I have a few pounds up here in Canada and they are still hard to move at a decent price. If any Canadians are interested just let me know.