I'm cracking open 330 rolls of Westward Journey Nickels, think I will find any errors?
jessewvu
Posts: 5,065 ✭✭✭✭✭
I figured that holding onto these things for 4 years is long enough and I am going to open the 165 two roll nickel sets I have before taking them to the bank because they are pretty much worthless in OGP. My bank doesn't want rolls because they "take up too much room in the safe"... I don't know what that means because don't all their coins go into the safe?
I will give each roll about 3 seconds glance for clipped dies, think I will find one? These nickels are 90% buffalo and 10% Ocean in View. That beaks down to 13,200 nickels. There has GOT to be at least one clipped planchet in the lot. If I find more than 1, I'll have a giveaway (just because I don't have any clipped planet coins).
I will give each roll about 3 seconds glance for clipped dies, think I will find one? These nickels are 90% buffalo and 10% Ocean in View. That beaks down to 13,200 nickels. There has GOT to be at least one clipped planchet in the lot. If I find more than 1, I'll have a giveaway (just because I don't have any clipped planet coins).
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Comments
Cameron Kiefer
The price of gold is set by faith, or lack of, in the currency it is priced in.
The first coin I found 8 of, the second coin I found 6 of, and the last coin I only found 1.
This crack is in front of the buffalo's front foot.
Hoard the keys.
Think about it like this... you held them for 4 years; what's another week or two?
Steve
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
if you are only going to get face
or 10% less with coinstar,
I would be interested in buying many
Are you a dealer or was this a speculative play?
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111
Hoard the keys.
<< <i>Why in the world do you have 165 2-roll sets??? >>
This was the absolute height of my ignorance as a self proclaimed flipper. I was a complete fool and ordered several hundred (~900) of these sets thinking I could make $5 a set profit. The problem is nobody told me I would actually have to sell them all to make money (that’s a joke you guys)! I probably lost a grand or two on them but I learned a lot doing it.
I might take a few rolls out every night and see what is in the rolls. Maybe I'll find a new variety or something cool. I'll keep you all posted, WITH PICTURES!
<< <i>
<< <i>Why in the world do you have 165 2-roll sets??? >>
This was the absolute height of my ignorance as a self proclaimed flipper. I was a complete fool and ordered several hundred (~900) of these sets thinking I could make $5 a set profit. The problem is nobody told me I would actually have to sell them all to make money (that’s a joke you guys)! I probably lost a grand or two on them but I learned a lot doing it.
The first step is to admit you have a problem.
Ren
Looking for a MS67-68 will be very frustrating as these are really tough to find in MS65 and up.
You'd likely spend more money in grading fees then you'd ever recapture with a MS67 not to mention your time.
There are mutiple example with chips and gouges but only the speared bison is recognized as a varity.
Take breaks. Do not damage yourself.
<< <i>These are a very popular design... >>
The 2005 obverse is among the best in US coinage. It's a shame it only ran for one year. It beats the current obverse, that's for sure.
Take breaks. Do not damage yourself.
That's good advice. In 1996, you could buy mint bags of 2,000 1980-s S.B.A. dollars for $2050 (shipped). I thought it was a great deal; search for possible varieties, and put a lot of points on my AMEX card. I searched through about 20 bags over the course of a few months and while I didn't make any money at it, it was a good learning experience.
Put some thought into your setup. Find the right lighting and magnifying glass to prevent eye fatigue. The right sitting position. And take breaks. If you spend an average of 10 seconds per coin, that's 6 coins a minute, 360 an hour... reviewing 13,200 nickels would take almost 40 hours.
Yesterday one of the coin channels was offering mint bags of 1000 (I think they were handshake nickels) and they were saying "retail value is over $1000 per bag" and they were selling the 1000 coin $50 face bags for $249 each!
After you search some you might try putting some of your 2 roll sets on ebay and see what you get.
I am trying to open two sets (4 rolls) a night. I opened a US Mint canvas bag and am throwing all the coins in there. I will probably sell that bag for weight at face value if anyone on the BST wants them. Otherwise, off to my bank where they will count if for free.
So far, I have found 1 coin that MIGHT grade MS65 if I got it graded, about a half roll of cracked die coins, some cuds, and that's about it. That was out of 4 sets, 8 rolls.
I think somewhere along the lines we've all made blunders with trying to make a buck or two. I'm right along with you on the "buying alot of WJ Nickel sets thinking they might have a shot at turning a few bucks one day." Didn't buy quite the amount you bought, but still have all of them. I've got OBW and Mint rolls laying all around the house. I might just bust some open and take a peek as you are doing.
Good luck with 'em and hope you find alot of keepers. Keep us posted.
-wes
Too many positive BST transactions with too many members to list.
What? Are you sure about this? If that is correct that would explain a lot of the challenges I have had making my collection 'pay for itself' and also why I have a bunch of stuff (like small Mint bags of Westward Journey nickels) that don't seem to helping me acquire coins that I need. And here I was just thinking they were just not popular right now!
FYI just kidding on all of this (except for the Mint bags of nickels...gotta do something with those things!) and for the grammatically correct folks yes I know ascared is not a proper word...but I live in the south and everyone knows what you are talking about just like when you say 'I ciphered the numbers on that and...'
K
<< <i>It's looking like they could all be errors if you ordered the rolls from China. >>
...............
I don't know but with 330 rolls to go you better get crackin
Good Luck Jesse.
P.S. I do love Mountieer and Charlestown race tracks. I am a horse player and love the smell of horse dung.