OT: U.S. Mint Selling 2003 Jefferson Nickels at 223% of face value

silvereaglecoins

The U.S. Mint just started selling 2003 Jefferson Nickel Rolls at 223% times face value PLUS shipping!

If I could get that kind of mark-up on coins, I could retire!

oldshep

- Just keep selling what you do - we like that just fine
Shep

spinaker2000

what will the low mintage be?? about 4 billion??

cladking

<< <i>what will the low mintage be?? about 4 billion?? >>



As always the mintage will have no bearing on their ultimate value. There is a tendency
for modern coins to be saved in smaller numbers when the mintages are higher. Only the
number of survivors will matter in the long run.

In this particular case there are likely to be lots of survivors.

spinaker2000

I'll bet there will be a flood of new submissions to PCGS very soon.

cladking

<< <i>I'll bet there will be a flood of new submissions to PCGS very soon. >>



The number of gems made also has very little correlation to total mintage.

nwcs

Don't forget about the seignorage.