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1883 NC Lib Nickels in 63 and 64 offer a lot of bang for your buck

At $40-$60, a TPG certified example in 63 or 64 seems like a really great deal. They're common as can be, but there are so few opportunities to get a decent BU 19th century US coin under $100 outside the realm of Morgan dollars and gold.

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    speetyspeety Posts: 5,424
    Do you mean the No cents nickels? And if you find a fully struck and lusterious white example of the coin in MS64, I'll pay you three times sheet for it... I've been looking for 6 years. There are many MS graded coins out there, but even in grades of up to MS66 I have yet to see a fully struck example that was worth buying.
    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!!!

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    << <i>Do you mean the No cents nickels? And if you find a fully struck and lusterious white example of the coin in MS64, I'll pay you three times sheet for it... I've been looking for 6 years. There are many MS graded coins out there, but even in grades of up to MS66 I have yet to see a fully struck example that was worth buying. >>



    Yea, I meant NC. Typo.
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    drddmdrddm Posts: 5,447 ✭✭✭✭✭


    << <i>Do you mean the No cents nickels? And if you find a fully struck and lusterious white example of the coin in MS64, I'll pay you three times sheet for it... I've been looking for 6 years. There are many MS graded coins out there, but even in grades of up to MS66 I have yet to see a fully struck example that was worth buying. >>



    I totally agree with Mark, the 1883 NC Lib nickel is rarely seen in 64 with a full strike.

    Still, not a bad choice for a 19th century coin in this price range.

    Here is one of my colorful 1883 NC's PCGS 64

    image

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    ElcontadorElcontador Posts: 7,740 ✭✭✭✭✭
    Most of the 83 NC coins I've seen in mid-grade Unc. have a lackluster strike, as well as mediocre to poor eye appeal, so for $40 to $60 bucks, I don't think they are cheap. For $60, you can pick up a much more attractive 38 D Nickel.

    As an aside, the NC Nickel in virtually all grades of Unc. has been a money-loser for over a decade. In the late 1990s, one in PC 6 would set you back $1,000.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
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    RayboRaybo Posts: 5,352 ✭✭✭✭✭


    << <i>Do you mean the No cents nickels? And if you find a fully struck and lusterious white example of the coin in MS64, I'll pay you three times sheet for it... I've been looking for 6 years. There are many MS graded coins out there, but even in grades of up to MS66 I have yet to see a fully struck example that was worth buying. >>



    Good point! image
    Fully struck examples are very hard to find.
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    RayboRaybo Posts: 5,352 ✭✭✭✭✭
    OTOH it just might have to do with the metals used at the time, my example looks like crap along with my image...image



    image
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    TomBTomB Posts: 22,974 ✭✭✭✭✭


    << <i>At $40-$60, a TPG certified example in 63 or 64 seems like a really great deal. They're common as can be, but there are so few opportunities to get a decent BU 19th century US coin under $100 outside the realm of Morgan dollars and gold. >>


    I would be happy to take off your hands all the decent, BU, 19th century US mint gold coins that you have for less than $100 each.image
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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    jmski52jmski52 Posts: 23,959 ✭✭✭✭✭
    Who saved all of those 1883 Nickels? Were there that many collectors then? Or did people just keep a momento of the new design?

    Why did the mintages drop off the cliff a couple of years later?

    I wonder if the "classic" collectors of the day were saying things like, "there's millions of them, all in perfect condition - why save them? After all, they aren't rare, and they'll never be worth more than a nickel."image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    MidLifeCrisisMidLifeCrisis Posts: 10,613 ✭✭✭✭✭
    Didn't Eliasberg have several rolls of them in his collection?
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    The reason this coin is found in such high grades goes back to their being used by counterfeiters gold plating them and
    passing them off for $5 gold pieces. They bought most of them right off the press to have a good supply when they were
    ready to create more.

    JT
    It is health that is real wealth, not pieces of gold and silver. Gandhi.

    I collect all 20th century series except gold including those series that ended there.
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    savoyspecialsavoyspecial Posts: 7,364 ✭✭✭✭
    >>Who saved all of those 1883 Nickels?>>


    in the Eliasberg sale there were 70 coins of this date/variety (equivalent of almost two full rolls)

    www.brunkauctions.com

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    dbldie55dbldie55 Posts: 7,750 ✭✭✭✭✭


    << <i>>>Who saved all of those 1883 Nickels?>>


    in the Eliasberg sale there were 70 coins of this date/variety (equivalent of almost two full rolls) >>



    This is incorrect there were 2 rolls plus 19 coins (99 total)

    Lots 772 and 773 were for full 40 coin rolls and lot 774 contained the other 19 coins. The prices realized for these lots were:

    772 $3,080 ($77 a coin)
    773 $2,970 ($74.25 a coin)
    774 $1,650 ($86.84 a coin)

    Total $7,700 ($77.78 a coin)
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
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    speetyspeety Posts: 5,424


    << <i>

    << <i>>>Who saved all of those 1883 Nickels?>>

    in the Eliasberg sale there were 70 coins of this date/variety (equivalent of almost two full rolls) >>



    This is incorrect there were 2 rolls plus 19 coins (99 total) >>



    So are all the coins I see in Eliasberg pedigreed MS-64 Old Green Holders from these "rolls"?
    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!!!

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    darktonedarktone Posts: 8,437 ✭✭✭
    I remember these being available in roll quantity a few years back. Can a roll still be found? I would love to find one.
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    dbldie55dbldie55 Posts: 7,750 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>>>Who saved all of those 1883 Nickels?>>

    in the Eliasberg sale there were 70 coins of this date/variety (equivalent of almost two full rolls) >>



    This is incorrect there were 2 rolls plus 19 coins (99 total) >>



    So are all the coins I see in Eliasberg pedigreed MS-64 Old Green Holders from these "rolls"? >>



    Yes
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
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    BarryBarry Posts: 10,100 ✭✭✭
    I owned one of the Eliasburg OGH MS64 coins. Strike was similar to those pictured early in the thread - nothing special. When I sold it, I got about 3x what a non-pedigreed coin went for at the time.
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    tjkilliantjkillian Posts: 5,578 ✭✭✭
    Here's my 1883 No Cents PCGS MS-64 nickel. It think the strike is just fine and the luster is very nice. Yes, I agree that it is cool being able to get those for less than $100.00 each. I bought my raw and am happy with its grade.

    image
    Tom

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