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nickels worth keeping
Posted:
Mon Apr 08, 2019 4:27 pm
by knibloe
For some reason, I cannot seem to remember which nickels are worth keeping. I have several bags that have been sitting in my garage for 5=6 years and need to clear them out.
War nicks,
buffalo nicks
some of the westward journeys?
others?
Thanks
Re: nickels worth keeping
Posted:
Mon Apr 08, 2019 4:28 pm
by TXSTARFIRE
2009
Re: nickels worth keeping
Posted:
Mon Apr 08, 2019 7:38 pm
by hobo finds
Re: nickels worth keeping
Posted:
Tue Apr 09, 2019 6:51 am
by knibloe
thank you !!
Re: nickels worth keeping
Posted:
Sat Apr 13, 2019 4:06 am
by Recyclersteve
Some people save anything pre 1960. I know of someone who pays 7 cents for pre-'60 nickels, but the problem is that shipping costs too much for most people to sell the nickels for that price.
Re: nickels worth keeping
Posted:
Sat Apr 13, 2019 6:18 am
by hobo finds
Mint mark moved to front in 1968 so you could keep 1967 and back the only problem is all the 1964's
Re: nickels worth keeping
Posted:
Wed Apr 17, 2019 1:38 pm
by knibloe
I quickly checked one of the bags. I did not date sort. just looked at them quick ( canadian, dark discolored, bright and shiney). and listened for odd sounding ones.
Canadian:
1950
14-99% nickel
1-25% nickel
1 war nic.
several from the 40's.
Re: nickels worth keeping
Posted:
Sat Apr 20, 2019 11:55 am
by Cu Penny Hoarder
All of them.
IMO, they'll be removed from circulation within 10 years time. Pennies, even sooner than that.
Re: nickels worth keeping
Posted:
Sun Apr 21, 2019 7:31 pm
by knibloe
Cu Penny Hoarder wrote:All of them.
IMO, they'll be removed from circulation within 10 years time. Pennies, even sooner than that.
Do you mean nickels or Canadian coins?
Re: nickels worth keeping
Posted:
Tue Apr 23, 2019 7:17 pm
by JadeDragon
He means all US nickels. Canada and Australia killed the penny years ago. The Euro cent hardly circulates from what I've seen.
Re: nickels worth keeping
Posted:
Sat Apr 27, 2019 8:33 am
by Cu Penny Hoarder
Cu Penny Hoarder wrote:All of them.
IMO, they'll be removed from circulation within 10 years time. Pennies, even sooner than that.
Like pre-1983 copper cents, it's a no brainer.
Read...
https://codyshirk.com/this-investment-costs-five-cents-with-no-downside-risk/
Re: nickels worth keeping
Posted:
Sat Sep 21, 2019 8:53 pm
by Recyclersteve
Thought I'd share this comment courtesy of the tour guide at the U.S. (Denver) mint. This was from my tour taken on Tuesday, Sept. 17, 2019.
He basically said: "We lose money on all pennies and nickels we make. Yet we more than make up for it by selling statehood quarters at a premium." So he didn't sound like he believed the pennies or nickels would be discontinued anytime soon.
Re: nickels worth keeping
Posted:
Fri Apr 16, 2021 11:01 am
by thecrazyone
I read recently that all nickels are 75% copper and 25% zinc, and weigh 5g. Based on that, I'm of the mind to keep ALL of them.
The article also said zinc is used in the manufaturing of stainless steel. I think I'm going to start hoarding my nickels.
Re: nickels worth keeping
Posted:
Fri Apr 16, 2021 1:45 pm
by TXSTARFIRE
Nickels are 75% copper and 25% nickel. The melt value on a nickel is currently 5.5 cents. I save them all.
Re: nickels worth keeping
Posted:
Fri Apr 16, 2021 2:57 pm
by stas3000
Good to know re: melt value with current pricing of nickel and copper. Do common date/variety nickels with average wear go for more than face value if sold in large quantities?
Re: nickels worth keeping
Posted:
Fri Apr 16, 2021 8:28 pm
by TXSTARFIRE
I wouldnt think so, you can buy all you want at the bank for 5 cents each.
Re: nickels worth keeping
Posted:
Fri Apr 16, 2021 9:13 pm
by coppernickel
I have my fill of nickels. A few boxes are worth keeping. Copper cents are 95% pure and have their place.
Silver takes a lot less space for the same value.
TXSTARFIRE wrote:I wouldn't think so, you can buy all you want at the bank for 5 cents each.
One or two rolls are easy enough to get. A box or more is getting very difficult. If you are serious about nickels, you may wish to start soon.
Circulating Collectible Coin Redesign Act of 2020
https://www.govtrack.us/congress/bills/ ... 3/text/enrDoes this line end cents and nickels, "No coin or medal minted and issued under this Act, or an amendment made by this Act, may be sold at a price such that would result in a net cost to the Federal Government."
Re: nickels worth keeping
Posted:
Fri Apr 16, 2021 9:17 pm
by coppernickel
thecrazyone wrote:Based on that, I'm of the mind to keep ALL of them.
Ardent Listener was the most vocal proponent for nickels on this forum. Yes, it is still valid.
Ardent Listener wrote:Yes, cashing in your nickels makes you think twice. If anyone reading this is having a very hard time financially then I suggest he or she at least try to stock away some nickels each week or two. Yes, it's not silver, but then you know that you have a fixed amount of dollars on hand and the hope that their metal value will go up in the future.
viewtopic.php?f=8&t=402&p=4013#p4013
Re: nickels worth keeping
Posted:
Mon Apr 19, 2021 9:35 pm
by Recyclersteve
If you can get them without paying too much, I prefer .999 Canadian nickels. I like the idea of something that is pure nickel instead of 25%.
Pro tip: Look at the foreign coin box at your local dealer or flea market and see what you can find. Sometimes there are
quite a few Canadians in there. The box might say they cost 10-15 cents each. This should be highly negotiable as dealers might pay $1-1.50/lb. for the coins.
You will need to be patient about accumulating a large quantity of Canadians.
Re: nickels worth keeping
Posted:
Mon May 03, 2021 8:46 pm
by slvrbck
I have kept every single nickel that has come through my hands since 2009. Haven’t bought boxes for several years but still pick up a few rolls every now and again. Sort them for pre 60’s, wars, Canadians. All the others go into buckets. Seems like a no brainer to me. Worst case scenario someone down the road has to deal with buckets of coins. I’d be ok with that. . .
Re: nickels worth keeping
Posted:
Tue Sep 07, 2021 8:47 pm
by Cu Penny Hoarder
Good for you guys who are keeping every nickel you get. There really isn't any downside in this investment.
I've been doubling my nickel hoarding efforts lately.
I just discovered a few weeks ago that my credit union has no issues giving me $20-$30 in nickels every time I visit them. Try to do this once a week.
Re: nickels worth keeping
Posted:
Thu Oct 14, 2021 3:39 pm
by Cu Penny Hoarder
Hoarding at least $200-300 nickels a month now. Too many to count, I'm weighing them now.
Re: nickels worth keeping
Posted:
Wed Oct 20, 2021 6:51 pm
by Cu Penny Hoarder
Got $200 nickels sorted today. Found a 1945-S. I'm finding about 1 war nickel for every $200-300 nickels sorted.
Re: nickels worth keeping
Posted:
Wed Nov 24, 2021 8:42 am
by Cu Penny Hoarder
Cu Penny Hoarder wrote:Hoarding at least $200-300 nickels a month now. Too many to count, I'm weighing them now.
I've stepped my nickel hoarding even further. I've made several contacts with some very cooperative tellers and branch managers at my CU. Now I'm ordering 2 boxes of nickels a week, from multiple branches.
Hoard those nickels now before they're gone.
Re: nickels worth keeping
Posted:
Fri Dec 03, 2021 12:07 pm
by Morsecode
My main bank told me I could get a box of pretty much anything (except halves) every week if I put in a standing order. I was thinking of stacking some sealed nickel boxes. Maybe get some Lincolns from another branch to hand search. It's winter, after all.