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Is there any value in unsearched rolls of Jeff Nickels?
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lkenefic
Posts: 9,422 ✭✭✭✭✭
I'm not sure if there's a huge collector base but I'm making room for other stuff and want to know if it's worth my while to try to sell these on ebay... other venue?... two rolls of 1967 a single roll of 1960... guessing they're both Philadelphia mintage...
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
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Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
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searched and re-crimped
...so basically Coinstar?
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
Either that or @cladking.
In honor of the memory of Cpl. Michael E. Thompson
I have for at least two decades been stockpiling a huge cardboard box of unsearched (by me) rolls of Jefferson nickels. Someday when (if?!) I get top retire, I am going to find time to search through them.
Official PCGS account of:
www.TallahasseeCoinClub.com
Unsearched? Ask cladking- he'll tell you that he knows what's in them.
Well, at least not searched by me... lol. I got these from my brother. He might have searched them back in the 60s.
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
The only way to know is to list them and try.
My guess is that with only 3 rolls, shipping will eliminate any premium.
All comments reflect the opinion of the author, even when irrefutably accurate.
Buyer pays for shipping.
Completely irrelevant. Do you think buyer's don't consider total cost?
If those rolls are worth $4 each, a buyer is not going to pay $4 each PLUS $8 shipping. They are going to want to pay $12 including shipping which is why they would, if that were the case, be unsaleable.
All comments reflect the opinion of the author, even when irrefutably accurate.
Put them up for auction with a .99 opening bid and be sure to indicate the shipping fee and see where that goes. Eventually, the bidder(s) will set the price.
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Nuff said!
Are you kidding me? Most buyers on eBay (besides us) have no idea what they are worth. Start the bidding high or start the bidding low. Start a bidding war. The seller has nothing to lose.
And when they sell for 99 cents each, the OP will net 50 cents per roll on a $2 face value roll. That's WHY the OP asked if there were any premium.
All comments reflect the opinion of the author, even when irrefutably accurate.
Fine, do it your way.
That was a hypothetical price point.
As I said originally, the only way to find out is to list them. But, with only 3 rolls, shipping costs make it unlikely they will sell. Believe me, I know, I had hundreds of rolls of 1960s nickels that I tried to sell that way.
I'm not sure why you are arguing about this. I simply told the OP that the only way to know if they will sell us to list them. I added the experiential fact that shipping costs makes it unlikely to work for only 3 rolls. You need to get close to $6 per roll (including shipping costs) to make it equivalent to dumping them in a coinstar. That's just a fact.
All comments reflect the opinion of the author, even when irrefutably accurate.
You're just a hypothetical kinda guy. Thank you for the feedback.
My way was to list them and see. But not at 99 cents and go. I would list them at $18 and go. Or, if you like $10 + $8 shipping and go.
By the way, I have thousands of a single Philippine note. As an experiment, I listed them two ways simultaneously $2.99 each with free shipping and 99 cents each + $1 flat rate shipping. I sold more than twice a many at 2.99 + free shipping. Even more interesting, i had more people buy multiples at $2.99 than the far cheaper 99 cents + $1 shipping ( and that was a flat $1 even if you bought 10).
All comments reflect the opinion of the author, even when irrefutably accurate.
Search the 1967s for full steps (not likely) and MS67 grade (not likely).
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
The value comes from what could be inside. Unfortunately with Jefferson Nickels and not hiaving them all from a known year to know what's possible, I don't think anyone will pay a premium.
Last year I went through a case of nickels from the bank. 2000 nickels. There was nothing of interest.
Just to clarify, are these solid date uncirculated coins?
In any case, Cladking has already assured us that such things don't exist because no one saved or collected them back then, and as a result the prices are creeping up today because no one collects them but if they did there is no way for dealers to replace the ones that are sold. 😵💫
But on ebay you never know. Someone might have a specific need for a quantity of those dates.
I agree that these have been opened and searched before, by whom and for what is unknown. As they have been searched before I would put them on ebay at $20 a roll free shipping. If they don't sell I'd open them and search for a full step or ultra gem prospect, Coinstar the rest.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
see what you can find in gem fs and spend the rest
The '60 roll is very common and the only interest wo0uld be to search for Gems.
The '67 rolls have no demand and are worth $8 each anyway so you know they are tough rolls.
The problem is these rolls all look alike and there are rarely Gems. The few people who want them may be reluctant to buy because of postage. Unless it's easy to try to sell them it's probably not worth the effort. It might be wisest to either search them for Gems and varieties yourself or stash them for another few years. Or just spend them and never know.
Probably by those limiting their searches to Free Shipping. They "know" they are saving money that way. Some people just need to feel like they are getting a better deal without regard to reality. Similar to buyers who think auction Buyers Fees cost them extra money.
Once had a collector look at a not-rare raw coin I had net priced in my case and would not come down. They kept trying and finally passed. I sold it to another dealer at the same show for that price. The same collector bought it at the same show from that dealer when they came down from their by then higher price. They were sure they got a better deal than the one from me and said so. It was pointless to attempt mentioning anything to them other than something like "That's great".
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
Yes, exactly. There's a psychology to it, even though people think they are immune to marketing psychology.
I only mentioned it to those who thought it would be easier to sell them by charging the shipping separately. Their a $10 shipping charge on something and a certain percentage of people will ignore it completely.
All comments reflect the opinion of the author, even when irrefutably accurate.
Well, there might be war nickels in there those have some silver they’re probably worth $2.50 each if that matters to anybody
The mint made silver war nickels in 1960 and 1967?
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Oh man, I missed that you’re right they didn’t
If there is one, it'll be very valuable.
All comments reflect the opinion of the author, even when irrefutably accurate.
All kinds of things get made in the mint. Some of them are not intentional.
I sold a group of unsearched penny and nickel rolls on the BST from the 60’s and probably lost money on the deal because I screwed up calculating the postage. There was very little interest and it was a royal PIA packing the rolls securely and then having to make a trip to the post office. I would have been better off spending them but hopefully I made the buyer happy.
I listed a group of statehood quarters on the BST back when they were still a thing and greysheet bid was $20-$40 per roll. The best offer I got would have netted me less than face value after accounting for cost of postage.
People love to search rolls but they hate to pay above face for most of them.
If you did list them on Ebay, I would 100% not us the word unsearched with uncrimped ends looking like that. You are asking for trouble for very little monetary gain. You would probably get a SNAD and have to pay for return postage.
Thanks, everyone. I'm culling through extra stuff to sell, or just get rid of, to free up some space. Coin rolls are one of those things that take up room while, in most cases, only containing face-value coins.
I'm keeping a few rolls of Wheat Cents in case I ever have grandchildren who might catch the collecting bug. Beyond that, I think I'll hang on to just the roll of 1960s nickels and Coinstar the rest. I've never really been a Jefferson nickel fan, but going through a roll looking for Full Steps coins might provide an afternoon's entertainment in retirement a few years from now... lol.
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
1960 had "bar' nickels I believe they were called. Excess metal from the top of the date to the rim. A minor flaw. Some other 60's dates had this flaw as well.
Yes, these are mostly on the Denver issues. I've collected them since 1960 and have ~100 different mostly from circulation and some from singles and rolls. You can't imagine my surprise when Variety Vista listed them;
http://varietyvista.com/35 BAR Nickels/index.htm