Old 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.

Old nickels

Postby marine70 » Sat Feb 23, 2019 7:01 am

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.
marine70
Penny Collector Member
 
Posts: 316
Joined: Mon Nov 16, 2009 3:00 pm

Re: Old nickels

Postby galenrog » Sat Feb 23, 2019 12:20 pm

There is a market, but it is rather small. What methods have you used to determine local interest?

Time for more coffee.
Mine Gold, Buy Silver. It Fills the Safe Faster.
galenrog
Penny Collector Member
 
Posts: 454
Joined: Mon Jun 27, 2011 8:51 pm

Re: Old nickels

Postby marine70 » Sun Feb 24, 2019 7:31 am

None really thinking about putting some in a local antique mall.
marine70
Penny Collector Member
 
Posts: 316
Joined: Mon Nov 16, 2009 3:00 pm

Re: Old nickels

Postby Recyclersteve » Sun Feb 24, 2019 11:49 am

.
Last edited by Recyclersteve on Sun Feb 24, 2019 11:55 am, edited 1 time in total.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4554
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be

Re: Old nickels

Postby Recyclersteve » Sun Feb 24, 2019 11:49 am

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.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4554
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be

Re: Old nickels

Postby Recyclersteve » Sun Feb 24, 2019 11:58 am

What about going to a local coin show or doing a trade for something easier to sell (i.e., 90% silver).
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4554
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be

Re: Old nickels

Postby hobo finds » Sun Feb 24, 2019 6:00 pm

hobo finds
Too Busy Posting to Hoard Anything Else
 
Posts: 5955
Joined: Mon Dec 29, 2008 3:00 pm
Location: Tucson

Re: Old nickels

Postby marine70 » Mon Feb 25, 2019 8:03 am

Thanks to all your input is appreciated.
marine70
Penny Collector Member
 
Posts: 316
Joined: Mon Nov 16, 2009 3:00 pm

Re: Old nickels

Postby Thogey » Mon Feb 25, 2019 11:57 am

Here is an e-bay search of completed sales for 1938-1962 nickels
https://www.ebay.com/sch/i.html?_sacat= ... 952%7C1962
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
User avatar
Thogey
Too Busy Posting to Hoard Anything Else
 
Posts: 8505
Joined: Sun Dec 06, 2009 3:00 pm

Re: Old nickels

Postby Recyclersteve » Mon Feb 25, 2019 11:59 pm

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.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4554
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be

Re: Old nickels

Postby cwgii » Tue Feb 26, 2019 9:23 pm

Lol that is part of why I do solid date rolls
cwgii
Too Busy Posting to Hoard Anything Else
 
Posts: 4530
Joined: Sun Oct 12, 2008 10:00 am
Location: tucson

Re: Old nickels

Postby Silver4face » Thu Aug 31, 2023 1:23 pm

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)
Buy rolls NOW while you still can!
Silver4face
1000+ Penny Miser Member
 
Posts: 1055
Joined: Tue Feb 16, 2021 6:36 pm

Re: Old nickels

Postby galenrog » Fri Sep 01, 2023 12:12 pm

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.
Mine Gold, Buy Silver. It Fills the Safe Faster.
galenrog
Penny Collector Member
 
Posts: 454
Joined: Mon Jun 27, 2011 8:51 pm

Re: Old nickels

Postby Cu Penny Hoarder » Sat Sep 02, 2023 7:10 am

I have 4 diff buckets:

1. 1938 - 1949
2. 1950 - 1959
3. War nickels
4. Uncirculated post 1960
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2320
Joined: Tue Sep 06, 2011 8:44 pm

Re: Old nickels

Postby cwgii » Sat Sep 02, 2023 12:24 pm

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.
cwgii
Too Busy Posting to Hoard Anything Else
 
Posts: 4530
Joined: Sun Oct 12, 2008 10:00 am
Location: tucson

Re: Old nickels

Postby Silver4face » Tue Sep 05, 2023 9:20 pm

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.
Buy rolls NOW while you still can!
Silver4face
1000+ Penny Miser Member
 
Posts: 1055
Joined: Tue Feb 16, 2021 6:36 pm

Re: Old nickels

Postby cwgii » Wed Sep 06, 2023 11:14 am

Lol.in my demented world, those ,,,shiney,,one get a roll unto themselves.
Since it is so few ,there is not a problem.
cwgii
Too Busy Posting to Hoard Anything Else
 
Posts: 4530
Joined: Sun Oct 12, 2008 10:00 am
Location: tucson


Return to Nickel Bullion & CuNi Bullion Coins

Who is online

Users browsing this forum: No registered users and 2 guests