Why are the 2004 "peace medal" nickels....?

Comments

• Conder101 Posts: 10,536 ✭

  June 15, 2006 12:42AM

  Those ads are probably for the rolls that were sold by the Mint I'm assuming. Well the 2004 nickel sets had lower sale numbers than the later rolls (Because after the first rolls started to go up everyone jumped on the bandwagon and bought the later rolls giving them high sales figures and low aftermarket values). Also when the Peace medal rolls first hit the market and the first rolls were opened (to search for high grade coins) it was found that that the coins in them tended to be pieces of junk. So many rolls were just busted up and the coins spent. So the surviving rolls are even scarcer than the sales figures would indicate. Eventually when the 2005 nickels came out and collectors began trying to put together roll sets and searching for the Peace medal rolls that they hadn't purchased from the mint earlier they were found to be much tougher to locate than expected and the price for the rolls rose.

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• CaptHenway Posts: 32,768 ✭✭✭✭✭

  June 15, 2006 12:43AM

  There was a minor doubled die discovered amongst the P-mint Peace medal nickels, and a lot of rolls were busted up looking for them.
  TD

  Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.

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• Codder Posts: 72

  June 15, 2006 3:20AM

  Thanks guys. Now....what are people really paying for them?

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• ewitte Posts: 178

  June 15, 2006 3:25AM

  I purchased the entire 12 roll set for about $100. The same site at the time was selling one of the Peace nickel rolls for about $20.

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• ILikeMercs Posts: 1,392 ✭

  June 15, 2006 3:32AM

  another thing about them is one roll is shorter than the other. Not sure what that's about though.
  
  here's a set I sold for $70.
  
  

  Do not taunt Happy Fun Ball

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• ar18 Posts: 1,122

  June 15, 2006 3:53AM

  another thing about them is one roll is shorter than the other. Not sure what that's about though.
  
  The P's were struck under greater pressure, thus they are slighty thinner, hence the short P roll.

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• Cocoinut Posts: 2,515 ✭✭✭✭✭

  June 15, 2006 4:02AM

  The P mint Peace Medal nickels were some of the worst looking coins I've seen in years. I ordered a $25 face bag from the mint, and out of 500 coins, there were only about a dozen that I would grade as high as MS65. Nearly every coin was covered with nicks, scrapes, and/or gouges. Fortunately, I kept them, but anyone who would buy the other 488 coins would think that I was giving them the absolute worst coins out of a bag. That's just the way they come.
  
  Jim

  Countdown to completion of my Mercury Set: 1 coin. My growing Lincoln Set: Finally completed!

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• pf70collector Posts: 6,749 ✭✭✭

  June 15, 2006 4:31AM

  A PCGS MS 67 in P for the peace medal nickels goes for a about 250 and higher on ebay. These are hard to come by. This is the only one of the 2004's I don't have in PCGS MS 67 because of that price.

  Montana State Quarter Die Clash
  
  Box of 20

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• Codder Posts: 72

  June 15, 2006 4:48AM

  So, if you had a few rolls of these, is it worth going through them in order to find the nicest coin you can and then submit it, or just hold onto the rolls for a few more years, or take them to the local coin show and sell them?

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• ewitte Posts: 178

  June 15, 2006 5:20AM

  I didn't see any marks on the first few coins. They look pretty good. I'm saving PCGS for going through them so I did not ruing them by sorting through myself.

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• ABC123 Posts: 2,627

  June 15, 2006 6:57AM

  The higher Roll prices are largely restricted to the Mint rolled and wrapped coins. I assume, that in these rolls will be found the higher grade coins ?

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• Conder101 Posts: 10,536 ✭

  June 15, 2006 8:24AM

  
  
  << <i>another thing about them is one roll is shorter than the other. Not sure what that's about though.
  
  The P's were struck under greater pressure, thus they are slighty thinner, hence the short P roll. >>
  
  
  Actually the D's were struck under HIGHER pressure which is why they are THICKER, hence the longer D roll.
  
  It's a little counterintuitive but the higher pressure used on the D coins caused the rims to strike up more fully making the edges of the coins slightly thicker rim to rim. And since the coins are stacked on these thicker edges the height of the stack is greater and the roll is longer.

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