Home U.S. Coin Forum

1883 v nickel question

why is it that the 1883 with no cents with a lower mintage has lowered priced in all grades then the with cent with higher mintage just was woundering why

Comments

  • No kidding... I didnt know that.

    image



    +1
  • droopyddroopyd Posts: 5,381 ✭✭✭
    Everybody pulled the "no cents" version out of circulation quickly because of the "error."
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
  • speetyspeety Posts: 5,424
    The no cents nickels are available by the roll in lower mintstate and AU and were saved by the hundreds.
    Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!

  • Speculation, people knew there was going to be a change, and they assumed the first style would be worth more. Just a spin of the wheel I guess.
  • BillJonesBillJones Posts: 34,272 ✭✭✭✭✭
    It’s all in the number of survivors. People saved the “No Cents” coins because they were a “mistake.” They spent the regular ones.

    Mintage is secondary to the number of coins that have survived. That’s the more important supply number.

    Conversely if you want a Proof “No Cents” nickel the price is higher because it was a one year type, and the number of pieces available is lower.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file