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Old nickels
Posted:
Sat Feb 23, 2019 7:01 am
by marine70
Is there any demand for older circulated nickels? From 1938 through say 1962. I have been saving them for quiet awhile just wondering if there is a market.
Re: Old nickels
Posted:
Sat Feb 23, 2019 12:20 pm
by galenrog
There is a market, but it is rather small. What methods have you used to determine local interest?
Time for more coffee.
Re: Old nickels
Posted:
Sun Feb 24, 2019 7:31 am
by marine70
None really thinking about putting some in a local antique mall.
Re: Old nickels
Posted:
Sun Feb 24, 2019 11:49 am
by Recyclersteve
.
Re: Old nickels
Posted:
Sun Feb 24, 2019 11:49 am
by Recyclersteve
About how many nickels do you think you have? Also, have you gone through them to remove the culls and uglies? I’m not in a position to buy them, but thought this would make it easier to sell. If, for instance, you have a coffee can of nickels, a potential buyer might think “Oh no, I have to count all these before I can buy them.” If they have already been counted (and perhaps put into sandwich bags with 100 or 250 each, that should make it easier to sell. Think about someone who is in an antique mall with their spouse and only has a short amount of time before they leave. They may not have time to count a whole bunch of nickels. And the person at the antique mall may not have enough time to help them. Still, doing all the counting doesn’t assure you that they will be sold anytime soon.
Re: Old nickels
Posted:
Sun Feb 24, 2019 11:58 am
by Recyclersteve
What about going to a local coin show or doing a trade for something easier to sell (i.e., 90% silver).
Re: Old nickels
Posted:
Sun Feb 24, 2019 6:00 pm
by hobo finds
Re: Old nickels
Posted:
Mon Feb 25, 2019 8:03 am
by marine70
Thanks to all your input is appreciated.
Re: Old nickels
Posted:
Mon Feb 25, 2019 11:57 am
by Thogey
Here is an e-bay search of completed sales for 1938-1962 nickels
https://www.ebay.com/sch/i.html?_sacat= ... 952%7C1962
Re: Old nickels
Posted:
Mon Feb 25, 2019 11:59 pm
by Recyclersteve
I know of someone who pays 7 cents each for problem free circulated PRE 1960 nickels. He deals in large quantities and you've have to pay shipping to get the coins to him, so I doubt this would be worth pursuing. The other issue is that you'd have to go through the coins again to pull anything out that is from 1960 or later.
Re: Old nickels
Posted:
Tue Feb 26, 2019 9:23 pm
by cwgii
Lol that is part of why I do solid date rolls
Re: Old nickels
Posted:
Thu Aug 31, 2023 1:23 pm
by Silver4face
galenrog wrote:There is a market, but it is rather small. What methods have you used to determine local interest?
Time for more coffee.
Here we are 4 and a half years later. Yes, the market is still rather small, but it is slowly growing. I have been selling them at flea markets for 3-4 dollars a roll (that's 7.5 to 10 cents each). Anything below "G" or above "F" does not go into these rolls. And finally, I would charge much more for 1938 and 1950. Those are very underrated coins (very low mintage)
Re: Old nickels
Posted:
Fri Sep 01, 2023 12:12 pm
by galenrog
Four and a half years later and it is still time for more coffee.
I still put together full boxes (2000 coins) grouped into ‘38-‘49 and ‘50-‘59, after pulling out War Nicks, errors, varieties, very low mintage, proofs, and other that has additional value with members of the coin blogs I frequent. Base price per box starts at $200.
Time for more coffee.
Re: Old nickels
Posted:
Sat Sep 02, 2023 7:10 am
by Cu Penny Hoarder
I have 4 diff buckets:
1. 1938 - 1949
2. 1950 - 1959
3. War nickels
4. Uncirculated post 1960
Re: Old nickels
Posted:
Sat Sep 02, 2023 12:24 pm
by cwgii
My .05
When I sort.
38-42,,, war,,46-49,50-55,56-9. Then 60,61,62 P,,68 d, 09 d as I have only 3 Philly's.
But then I break them down to, year,mm. But the 38 d, 50 d rolls are mighty small.
Re: Old nickels
Posted:
Tue Sep 05, 2023 9:20 pm
by Silver4face
Cu Penny Hoarder wrote:I have 4 diff buckets:
1. 1938 - 1949
2. 1950 - 1959
3. War nickels
4. Uncirculated post 1960
Was just curious: Uncirculated post 1960 until what year? You probably have some sort of cutoff. I also keep Uncirculated post 1960 , but usually only up to around 1971. I have a few from 1972-2000, but I try to keep that to a minimum.
Re: Old nickels
Posted:
Wed Sep 06, 2023 11:14 am
by cwgii
Lol.in my demented world, those ,,,shiney,,one get a roll unto themselves.
Since it is so few ,there is not a problem.