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2009 Jefferson Nickels.
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Has anyone had difficulty in locating 2009 Jefferson Nickels?? It may seem odd but several collectors have asked for them recently and no one seems to have rolls in stock so I did a quick look in the RedBook to see how many were struck. From Philadelphia and Denver respectfully the numbers are 39.8 and 46.8 million, somewhere between 10-15% of what came from each Mint before and after 2009. I suppose it had to do with the 2009 Lincoln Cents and other items coming out that year(also, no 2009 Proof ASE).
Any thoughts on the low numbers?? Anyone else see none of these around or have difficulty in finding them??
Al H.
Any thoughts on the low numbers?? Anyone else see none of these around or have difficulty in finding them??
Al H.
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fewer coins needed. The dime at the time also had low mintages.
I read somewhere that many of each (nickels and dimes) were sent
to Puerto Rico for use there.
A friend and I were buying rolls back then and had to get them off of eBay.
Same guy had them time after time. They came from PR, probably a U.S. military base exchange.
I still have them and will sit on them for a while longer. They do bring a premium now.
Very hard to find unc. rolls of those 2009 nickels.
Sugar magnolia blossoms blooming, heads all empty and I don't care ...
They are simply not out there in any mass numbers...and I believe were heavily hoarded at the time.
Edit: As I recall without looking it's the lowest mintage of any Jefferson since the 1950-D.
<< <i>Has anyone had difficulty in locating 2009 Jefferson Nickels?? It may seem odd but several collectors have asked for them recently and no one seems to have rolls in stock so I did a quick look in the RedBook to see how many were struck. From Philadelphia and Denver respectfully the numbers are 39.8 and 46.8 million, somewhere between 10-15% of what came from each Mint before and after 2009. I suppose it had to do with the 2009 Lincoln Cents and other items coming out that year(also, no 2009 Proof ASE).
Any thoughts on the low numbers?? Anyone else see none of these around or have difficulty in finding them??
Al H. >>
If I recall correctly, these are all in Puerto Rico which was the primary source of OBW coins.
The name is LEE!
<< <i>bad Paddy, spamming my thread in the US Coin Forum might get you a ride in the Paddy-wagon to the hoos-gow. >>
Wouldn't be the First time. .....
Hoard the keys.
Same with the 2009-D dime and some of the 09 cents.
(I started in the 60s so have completed sets of Washies, Roosies, Jeffs, and Franklins from circulation with the exception of these 09s.)
¯ Richard P. Feynman
For a while I was going through nickels looking for pre-1960 dates. A couple of years ago I got bank-wrapped UNC rolls of 2009-D. I thought they were rare but later when I asked at a coin show if there was any interest in them and the man behind the table said he wouldn't pay any premium for them.
I kept three rolls and spent the rest. I see circulated examples here in Dallas, TX on a reasonably regular basis. They are not common but I do see them in change.
Cheers
<< <i>I collect from circulation (remember that?) and have a complete set of Jeffersons EXCEPT for the 2009-P and 2009-D. I always check my change and have never seen either.
Same with the 2009-D dime and some of the 09 cents.
(I started in the 60s so have completed sets of Washies, Roosies, Jeffs, and Franklins from circulation with the exception of these 09s.) >>
I search rolls of dimes and have seen only four or five '09-P or D.
The Philly in my collection is only AU-58 and an unattractive coin. The Denver is Unc but not even MS-63.
It's likely BU rolls are out there but we can't be sure until the price gets high enough to draw some out. Collectors set aside the low mintages. It's the high mintages they forget to save.
Moral of story: Don't reveal the location of your golden goose.
<< <i>
<< <i>bad Paddy, spamming my thread in the US Coin Forum might get you a ride in the Paddy-wagon to the hoos-gow. >>
Wouldn't be the First time. .....
Do I smell an alt??
<< <i>Has anyone had difficulty in locating 2009 Jefferson Nickels?? It may seem odd but several collectors have asked for them recently and no one seems to have rolls in stock so I did a quick look in the RedBook to see how many were struck. From Philadelphia and Denver respectfully the numbers are 39.8 and 46.8 million, somewhere between 10-15% of what came from each Mint before and after 2009. I suppose it had to do with the 2009 Lincoln Cents and other items coming out that year(also, no 2009 Proof ASE).
Any thoughts on the low numbers?? Anyone else see none of these around or have difficulty in finding them??
Al H. >>
If there were 1 million people collecting these there would be enough made for each one to own about 40 each. Rare, no. Scarce, no. Overpriced, you betcha! Give it some time for these to filter out. Probably several million still in Fed vaults.
<< <i>
<< <i>Has anyone had difficulty in locating 2009 Jefferson Nickels?? It may seem odd but several collectors have asked for them recently and no one seems to have rolls in stock so I did a quick look in the RedBook to see how many were struck. From Philadelphia and Denver respectfully the numbers are 39.8 and 46.8 million, somewhere between 10-15% of what came from each Mint before and after 2009. I suppose it had to do with the 2009 Lincoln Cents and other items coming out that year(also, no 2009 Proof ASE).
Any thoughts on the low numbers?? Anyone else see none of these around or have difficulty in finding them??
Al H. >>
If there were 1 million people collecting these there would be enough made for each one to own about 40 each. Rare, no. Scarce, no. Overpriced, you betcha! Give it some time for these to filter out. Probably several million still in Fed vaults. >>
Like stated above, most are most likely still in federal vaults. I have trouble finding any 2009 coins in circulation. Once in while a 2009 cent or quarter shows up, but I have not found many 2009 nickels or dimes.
Bob
<< <i>When the mint started issuing the satan finish coins in the mint sets I stared colecting rolls of regular issue coins! The rolls of 2009-P nickels were selling for about $30 a roll right out of the gate. I figured they would come down to somthing resonable but I dont think they ever did. The 08-P,Ds were easily available as were the '09-D, but the 09-P were never available, and I could never get an explanation. >>
This is what i remember too , there was a lot of hype that 2009 was going to be a low mintage with nickels and dimes , it was a lot of hype and everywhere. The nickels and dimes were crazy money on ebay and that just fed the hype. A lot of people are buried in these and some probably still think they are worth what they paid.
<< <i>
Like stated above, most are most likely still in federal vaults. I have trouble finding any 2009 coins in circulation. Once in while a 2009 cent or quarter shows up, but I have not found many 2009 nickels or dimes.
>>
This is unlikely because the mint and Fed use FIFO accounting since November of 1972 which
requires they turn over their coins in storage. With the vast numbers of coins in circulation there
would be brand new coins of all dates sitting in storage somewhere. But if you look at the condi-
tions of any specific date it will form a bell curve showing that these coins are being recirculated
by the Fed and the general economy.
Normally it takes three years or less for all coins to cycle one time. Of course a tiny percentage
of quarters will sit under clothes dryers or in cookie jars longer.
There were very few strong economic areas in 2009 and this is where most were released. In these
areas and nearby the '09's are common but getting less common every day as they disperse through-
out the country.
It's unlikely these will be able to gain and maintain a strong premium because people knew they were
low mintage at the time so some were set aside. I wouldn't mind owning a bunch of them.
Time will tell.
Uncirculated:
The term "uncirculated" may have three different meanings when applied to a coin.
First, it can refer to the particular manufacturing process by which a coin is made.
Second, it can be used as a grade when referring to a coin's degree of preservation and quality of the strike.
Or third, "uncirculated" can point to the fact that a coin has not been used in everyday commerce.
At the United States Mint, we use the term uncirculated when referring to the special coining process used to make the coin, which gives it a satin finish. Uncirculated coins are manufactured using the same process as circulating coins, but with quality enhancements such as slightly higher coining force,early strikes from dies, special cleaning after stamping, and special packaging. Uncirculated coins may vary to some degree because of blemishes, toning, or slight imperfections.
Strike:
the process of stamping a coin blank with a design. The strength of the imprint - full, average, or weak - affects the value of rare coins.
Other than being misinformed, I don't know why anyone would want to put inferior, mushy stamped coins into their collection. hmmm
But.......To each their own..........I guess.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
OK, just for clarity and again I apologize for letting the truth get in the way --- nothing was stated or hoped to be implied that these are scarce or rare. as you can tell by the replies many others are having trouble finding them, that was the sole question I had wanted discussed. as for price, you betcha it's always controlled by demand.
carry on.
<< <i>As I recall without looking it's the lowest mintage of any Jefferson since the 1950-D. >>
Actually it's the lowest mintage since the 1959 Philly (27.2 million).
Also lower were the 1950P, 1951PDS, 1952DS, 1953S, 1954S, and 1955-58P.
For whatever reason, low-mintage nickel rolls from the 1950s often sell for less than the 2009P - even the 1951S, with a mintage of only 7.8 million.
My Adolph A. Weinman signature
<< <i>From the US Mint Glossary:
Uncirculated:
The term "uncirculated" may have three different meanings when applied to a coin.
First, it can refer to the particular manufacturing process by which a coin is made.
Second, it can be used as a grade when referring to a coin's degree of preservation and quality of the strike.
Or third, "uncirculated" can point to the fact that a coin has not been used in everyday commerce.
At the United States Mint, we use the term uncirculated when referring to the special coining process used to make the coin, which gives it a satin finish. Uncirculated coins are manufactured using the same process as circulating coins, but with quality enhancements such as slightly higher coining force,early strikes from dies, special cleaning after stamping, and special packaging. Uncirculated coins may vary to some degree because of blemishes, toning, or slight imperfections.
Strike:
the process of stamping a coin blank with a design. The strength of the imprint - full, average, or weak - affects the value of rare coins.
Other than being misinformed, I don't know why anyone would want to put inferior, mushy stamped coins into their collection. hmmm
But.......To each their own..........I guess.
Leo >>
?
Not sure I understand the connection to 2009 nickels...is this a comment on roll collecting, or collecting from circulation, or does it belong to another thread?
<< <i>
OK, just for clarity and again I apologize for letting the truth get in the way --- nothing was stated or hoped to be implied that these are scarce or rare. as you can tell by the replies many others are having trouble finding them, that was the sole question I had wanted discussed. as for price, you betcha it's always controlled by demand.
carry on. >>
No doubt the continued premium is caused largely by demand from those areas
where they weren't released or available. If there are enough of these coins to
satisfy all this demand the price will probabably sink lower. Some investment de-
mand will materialize as well probably but few people really set aside moders ex-
cept during the year of issue.
I'd guess these will settle out with a significant premium and become objects of
investment demand if demand for moderns ever starts ratcheting higher. They'll
never go as high as the real scarcities though like nice '69 issues and the '82/ '83.
Anything that would drive up the price of the '09's will drive up the others more.
<< <i>I have about 1200.00 in 09 dimes and 400 in nickels that I got from the bank in 09 still under my bed. Should have sold them when people were paying 80.00 plus a roll. I consider it a savings account if I ever need cash they go to the banl. >>
Start slabbing.
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>From the US Mint Glossary:
Uncirculated:
The term "uncirculated" may have three different meanings when applied to a coin.
First, it can refer to the particular manufacturing process by which a coin is made.
Second, it can be used as a grade when referring to a coin's degree of preservation and quality of the strike.
Or third, "uncirculated" can point to the fact that a coin has not been used in everyday commerce.
At the United States Mint, we use the term uncirculated when referring to the special coining process used to make the coin, which gives it a satin finish. Uncirculated coins are manufactured using the same process as circulating coins, but with quality enhancements such as slightly higher coining force,early strikes from dies, special cleaning after stamping, and special packaging. Uncirculated coins may vary to some degree because of blemishes, toning, or slight imperfections.
Strike:
the process of stamping a coin blank with a design. The strength of the imprint - full, average, or weak - affects the value of rare coins.
Other than being misinformed, I don't know why anyone would want to put inferior, mushy stamped coins into their collection. hmmm
But.......To each their own..........I guess.
Leo >>
Nothing wrong with collecting coins from circulation. But for uncirculated coins if you're looking for high grade, fully detailed examples, look no further than the mint sets starting in 2005. The early strikes, the finest coins went into the mint sets just as the glossary states. Eventually the coining pressure would be reduced to strike coins for circulation and extend the life of the working dies. Just a heads up to collectors who may not be aware.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>
<< <i>From the US Mint Glossary:
Uncirculated:
The term "uncirculated" may have three different meanings when applied to a coin.
First, it can refer to the particular manufacturing process by which a coin is made.
Second, it can be used as a grade when referring to a coin's degree of preservation and quality of the strike.
Or third, "uncirculated" can point to the fact that a coin has not been used in everyday commerce.
At the United States Mint, we use the term uncirculated when referring to the special coining process used to make the coin, which gives it a satin finish. Uncirculated coins are manufactured using the same process as circulating coins, but with quality enhancements such as slightly higher coining force,early strikes from dies, special cleaning after stamping, and special packaging. Uncirculated coins may vary to some degree because of blemishes, toning, or slight imperfections.
Strike:
the process of stamping a coin blank with a design. The strength of the imprint - full, average, or weak - affects the value of rare coins.
Other than being misinformed, I don't know why anyone would want to put inferior, mushy stamped coins into their collection. hmmm
But.......To each their own..........I guess.
Leo >>
Nothing wrong with collecting coins from circulation. But for uncirculated coins if you're looking for high grade, fully detailed examples, look no further than the mint sets starting in 2005. The early strikes, the finest coins went into the mint sets just as the glossary states. Eventually the coining pressure would be reduced to strike coins for circulation and extend the life of the working dies. Just a heads up to collectors who may not be aware. >>
I see what you meant now, thanks for the clarification! No question you're right about that if that's what you're looking for. (Can't use bought coins in my old-school circ sets though, that's cheating!
the glossary doesn't "state" that at all, at least not in what you cut/pasted.
<< <i>The early strikes, the finest coins went into the mint sets just as the glossary states.
the glossary doesn't "state" that at all, at least not in what you cut/pasted. >>
......finer? EDS strikes on any coin are your finest coins. This was their goal and they have succeeded,
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>When the mint started issuing the satan finish coins in the mint sets I stared colecting rolls of regular issue coins! The rolls of 2009-P nickels were selling for about $30 a roll right out of the gate. I figured they would come down to somthing resonable but I dont think they ever did. The 08-P,Ds were easily available as were the '09-D, but the 09-P were never available, and I could never get an explanation. >>
Haha, I think you mean satin finish unless there is a really evil variety I don't know about.
Latin American Collection
<< <i>I remember that early in the year singles of the 2009 dimes and nickels were selling on ebay for crazy high prices, later in the year the buying frenzy had ended. >>
If I recall correctly, a similar thing occurred with the 1977 Philly Ike dollars. A short production run in the early months spawned speculation that drove the price up to around $10 per coin. Then additional strikings brought prices right back down again.
My Adolph A. Weinman signature
<< <i>
<< <i>
Like stated above, most are most likely still in federal vaults. I have trouble finding any 2009 coins in circulation. Once in while a 2009 cent or quarter shows up, but I have not found many 2009 nickels or dimes.
>>
This is unlikely because the mint and Fed use FIFO accounting since November of 1972 which
requires they turn over their coins in storage. With the vast numbers of coins in circulation there
would be brand new coins of all dates sitting in storage somewhere. But if you look at the condi-
tions of any specific date it will form a bell curve showing that these coins are being recirculated
by the Fed and the general economy.
Normally it takes three years or less for all coins to cycle one time. Of course a tiny percentage
of quarters will sit under clothes dryers or in cookie jars longer.
There were very few strong economic areas in 2009 and this is where most were released. In these
areas and nearby the '09's are common but getting less common every day as they disperse through-
out the country.
It's unlikely these will be able to gain and maintain a strong premium because people knew they were
low mintage at the time so some were set aside. I wouldn't mind owning a bunch of them.
Time will tell.
I disagree. This completed auction on ebay is the only one for 2009-P nickels. There are no more currently on ebay. This tells me that they have not been released in any quantity. The government does not follow its own rules or is lax in many cases and I think that rule is one of them. $87.50 a roll ? NO thanks, I will wait until more become available someday and they will. Sometimes they hold them back and just keep circulating other coins for whatever reason. There are a few 2009-D nickel rolls and a few 2009 dime rolls on ebay but no 2009-P nickel rolls.
I remember finding about 22 rolls of BU 1991-D Kennedy half dollars in a bag I got from a bank ordered directly from the federal reserve in about 2004. There were in storage all those years. The 1991-D Kennedy half roll was one of the key rolls back then. I sold them as fast as I could on ebay and then the price went down, indicating at least to me that a lot of them were not released right away.
For further explanation, the US Mint can make only so many early die strikes from a set of new working dies. So it's a short period of time before the dies are engaged into manufacturing coins for circulation. But as we have learned, many of those coins stamped for mint sets did not all go into mint sets but were released into circulation. And it's also not farfetched to reason that many of the mint set coins that failed submission status have also been released into circulation. I hardly think they fetch much on ebay when they're low grade coins.
So back to my original question, "what do collectors of circulating coinage look for to make sure they are keeping their collections similar to the coins they collected prior to 2005?
oops, wrong date
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>
This completed auction on ebay is the only one for 2009-P nickels. There are no more currently on ebay. . >>
This eBay search seems to be lacking. I've bought 2009-P rolls from JT Stanton on eBay in the past three months and he still has a few rolls listed as of last week. I added a couple of rolls Friday.
¯ Richard P. Feynman
<< <i>
<< <i>
This completed auction on ebay is the only one for 2009-P nickels. There are no more currently on ebay. . >>
This eBay search seems to be lacking. I've bought 2009-P rolls from JT Stanton on eBay in the past three months and he still has a few rolls listed as of last week. I added a couple of rolls Friday. >>
Have you submitted any of the coins for grading?
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>
Have you submitted any of the coins for grading? >>
No, but that's not typically my first concern. I'm just finishing out my BU roll set. As far as the quality, at a glance they're as I would expect when I used to pull rolls from bags in the '70s when I worked at a bank.
¯ Richard P. Feynman
Arizona coin exchange
~~~~~~~~~~ SELLING ~~~~~~~~~~ SELLING ~~~~~~~~~~ SELLING ~~~~~~~~~~
SELLING 2009-P BU NICKELS @ $65.00 A ROLL DELIVERED
Www.killermarbles.com
Www.suncitycoin.com
¯ Richard P. Feynman
<< <i>That's off my radar but now I'm curious. I'll see how many I can pull out of circulation in the coming weeks. >>
In your part of the country I wouldn't expect to see many. The economy there was a disaster in '09 and
still hasn't recovered fully. In the old days they'd be filtering in from areas that had a strong economy in
'09 but now days nickels are barely even money at all so their velocity is very low and it takes years for
them to diffuse. Add in the fact that many were released in PR which has a somewhat isolated currency
system because it's an island and there won't be many to see.
There will be hoards of this coin so nobody should allow themselves to be the victims of "irrational exuber-
ance". Being very low denomination allows hoards. Also don't forget this isn't the 1980's any longer when
no one paid circulating coinage the least attention. Now days there are people looking and collecting. These
simply will not have the rarity of something like an '83-P quarter.
There may well be some major scarcities in high grade since quality was spotty and they are distinct from
mint set coins.
It's a great time to hold these and might be a good time to buy but paying very large premiums is very very
risky. If you must "invest" then do so in choice coins at little premium or buy '82-P nickels instead. Invest-
ment in coins is always extremely risky without exception. All collectibles markets are unpredictable.
<< <i>SELLING 2009-P BU NICKELS @ $65.00 A ROLL DELIVERED >>
For that price you can buy about 3 BU rolls of 1955 Philly nickels, mintage around 8 million.
My Adolph A. Weinman signature
¯ Richard P. Feynman
I found:
2009 nickels: 2.
silver "war" nickels: 3.