Do you realize that circulated Jefferson nickels were once a popular item?
291fifth
Posts: 24,395 ✭✭✭✭✭
It's true. In the early-mid 1960's circulated Jefferson nickels were widely collected. Dealers even paid premiums for many dates that would today be considered little more than pocket change. Times change.
All glory is fleeting.
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<< <i>Didn't 50-D's go up to like $50 at one point? >>
In today's money they got up to about $130. ...Not bad for a coin with a mintage
of more than two and a half million with most saved out as uncs. This may have been
one of the biggest causes of the roll and bag boom of the mid-'60's. People saw the
huge profits being made on '50-D and the spiraling demand for circulation coinage and
figured there would be a lot more winners. This coin collapsed to about $3.50 by the
mid '90's but the biggest losses came in '64/'65.
It has actually gotten back up to the old levels in the last couple years and now retails
at $22 in MS-60. This coin often comes very nice and gems go for $50.