Look what I came across!!!
tuqsugmiu
Posts: 1 ✭
Have you seen this before? What are the odds finding tbis?
0
tuqsugmiu
Posts: 1 ✭
Comments
I guess the odds are pretty good if you spend some money and get change back!
In honor of the memory of Cpl. Michael E. Thompson
It might help everyone here, yourself included, if you were a little more direct as to what is unusual about this find.
In honor of the memory of Cpl. Michael E. Thompson
Your coin suffered damage after it left the mint.
75 years of circulation is going to impart a few nicks and bumps.
bob
@tuqsugmiu .... Welcome aboard. Your nickel appears to be a well worn, 75 year old coin. Are you referring to the age or is there something specific you see? Cheers, RickO
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Against great odds, I did find tbis.
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If you are thinking there is something wrong with the O in OF then you are right. It took a hit of some type and damaged the letter. Nothing special and actually that type of damage affects value. Other than that, I see a nickel that is worth $0.05.
I would guess the coin has about 40 years of circulation with most of it being between 1948 and 1977 and the rest after 2012.
It has the normal even wear typically seen on nickels back before 1975 and then several years of going through counting machines and being scratched up by handling at the counting houses.
This is hardly unusual since so many "old" coins are removed by the general public and eventually released. Most 1947 nickels in circulation are in much better condition than most 1967 nickels. A 1947 nickel in continuing circulation since 1947 (there are very few) would probably be AG+ to G-, have a gouge, and have a bad tarnish spot. This one is a beat up F+. It was probably a nice attractive VF as recently as the late-'70's. Less that 10% of the mintage of 1947 nickels are in circulation at any give time and most have spent much of the last half century in collections or sock drawers.
The famous no-steps variety.....?
The infamous 1947 no P😂🤣
I’m intrigued by this timeline. Why the gap between the 1970s and 2010s? Was there a large dump of coins back into the monetary system in the early part of last decade? If so, what caused it?
This is funny! I found one just like it on the ground today!
Coin Photographer.
It’s not every day you find a 70+ year old nickel in circulation. Nice find and welcome to the forum.
Mike
MIKE B.
The general public believes old coins are rare or potentially valuable. Indeed, pre-1960 wholesale at close to $6/ roll if they are nice (no culls, no tarnish, even wear). Millions of people including coin collectors take them out of circulation and they often stay out for decades. Hundreds of millions are still out of circulation. Almost all the old coins in circulation including every silver coin has been previously removed and then intentionally or inadvertently respent.
The scratching seen on this coin has been prevalent for only the last ten or fifteen years.
Probably about half the 1947 (P) nickels survive and are an average of F/ VF but most are sitting out of circulation. The rest have been permanently lost or destroyed.
This applies to most of the pre-1960 common date nickels. Keys, semi-keys, and silver rarely get back into circulation. The oldest Jeffs are a grade lower and the '50's dates are a grade higher. More of the oldest dates have been lost and fewer of the later dates. Curiously the post-1964 nickels have a far higher attrition and are lower grade.
If this coin had 75 years worth of circulation (instead of 40), what would it look like? Would it be approximately a ~G-4 graded coin?
The rare and elusive "No Steps Jefferson" . . . . . . .
Z
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O in the word "Of" is Damage.
Since around 1975 nickels wear has slowed considerably. 2/3 rds of its wear would have come in the first 25 years and one third in the last 50. Starting around 2005 it would have started acquiring all those little scratches and gouges all over it. It only takes 10 or 15 years now days to scratch them up like that.
It would be AG+ to G+, probably a cull, and covered in the little scratches. You can actually see a few of these in circulation but most of them had some damage or staining that kept them from being set aside as a collectible.
I grade moderns pretty harshly. When I grade one AG it merely means there is extensive wear and some of the lettering is worn into the rim. In moderns some AU's have the lettering worn into the rim. Many moderns are made to a very low standard.
Old circulated nickels? Yes, all the time roll hunting.
"When they can't find anything wrong with you, they create it!"
You should feel lucky.
At least you have nicks and scratches.
I have a different date but I see what you're talking about,it definitely stands out
I would like to know more about this coin. Is it worn down or an extremely weak strike?
Collector, occasional seller
A nickel that is worth five cents.