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Dan
New Member
USA
18 Posts |
 Posted - 11/06/2009 : 19:44:04
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I have been hand sorting copper pennies for about a year and having a ball. My children are getting involved and ditching the TV for the great pre-'82 chase. I am just beginning to consider the nickel pursuit and need a better understanding on what to be looking for. Help me understand: Are we looking for "silver nickels", or Canadian? If so, what percentages can we expect? Basically, what can you tell me to get me appropriately involved in nickel sorting?
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Wheatie |
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AGgressive Metal
Penny Hoarding Member
USA
789 Posts |
Posted - 11/06/2009 : 20:10:47
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| See the sticky thread in this board. "Nickel sorting: what to look for" |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484
http://www.randpaul2010.com/ |
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jadedragon
Administrator
Canada
2773 Posts |
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Ponce
Penny Collector Member
Cuba
401 Posts |
Posted - 11/06/2009 : 21:01:51
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| Hey Dan? I would like to hired your kids in order for them to check out all my pennies and nickels.............. by the time they go back to you they will be 21 and rich hahahahahahah. |
"If you don't hold it, you don't own it"...Ponce |
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oober
1000+ Penny Miser Member
USA
1045 Posts |
Posted - 11/07/2009 : 00:08:00
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I may be on the extreme side or sorting these, but what I do is.
I keep all silver (a little less then 1 WN per box in my area.)
I keep all Buffs
I keep all 1959 and earlier how I keep these is in the following way
All 40m+ mintages go into a jar and I roll up when I have enough
All 10m-40m mintages go into my "low mintage" tube and is rolled up when I complete a roll.
All 10m- mintages go into 2 x 2's
Any BU common dates of 1980's and earlier go into 2 x 2's and decent AU/BU of later dates are put into tubes by decade and rolled when a tube is completed. I am no longer keeping after 1990, I have enough. |
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HoardCopperByTheTon
Administrator
USA
5169 Posts |
Posted - 11/07/2009 : 01:26:43
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You can sort a lot of nickels without tying up very much capital. You don't get as many keepers as you do with pennies. I sort out the Silver, Canadian, and Pre60's. Then I just drop the rest in one of the automatic rolling machines and hit the button. Wish I had some kids to help. I have the machinery.. just no cheap child labor.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Let me see if I understand this? If you cross the North Korean border illegally, you get 12 years hard labor; the Iranian border illegally you are detained indefinitely. If you cross the US border illegally, you get a driver’s license, a social security card, welfare, food stamps, free health care!
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Dan
New Member
USA
18 Posts |
Posted - 11/07/2009 : 12:17:21
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| Thanks, guys. Dear HoardCopperByTheTon, can you tell me the reason you only save the US pre-'60's? Do you only save certain years of Canadians? My interest in this is for the metal content, not the coin, unless there are some particular years that I should watch for. For example, when I sort pennies I seperate the US coppers, the pre '97 Canadians, '82's, and wheaties. I am just looking for simple nickel breakdown similar to the penny scheme, although it may be a few less flavors. Would you expand a bit? Many thanks! |
Wheatie |
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HoardCopperByTheTon
Administrator
USA
5169 Posts |
Posted - 11/07/2009 : 13:21:41
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| Well, I am both a metal hoarder and a numismatist. The silver and Buffs are obvious. Pre-60 is because there are far fewer of these. Also, most of the good dates are in the earlier stuff. 1939-D, 1950-D etc. I like to have a little coppernickle in the hoard, so if I am going to keep some I want the double play possibility of metal and numismatics. So the nickels I hold are either the old stuff, or BU rolls of newer ones. I actively sell a lot of newer BU rolls. For Canadians I seperate into 3 basic groups other than V nickels and bunnies. Pure Nickel, CopperNickel, and foreign exchange. If I get a later nickel it just goes into my foreign exchange pile. You can't turn foreign coins in for exchange at banks, but I figure the Canadian Dollar is going to do pretty well against the US dollar over the next few years. Then when I want to convert I will either head up and visit my dad in WA and shoot across the border or make a deal to ship them to jadedragon for conversion and repatriotation. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Let me see if I understand this? If you cross the North Korean border illegally, you get 12 years hard labor; the Iranian border illegally you are detained indefinitely. If you cross the US border illegally, you get a driver’s license, a social security card, welfare, food stamps, free health care!
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jadedragon
Administrator
Canada
2773 Posts |
Posted - 11/07/2009 : 15:32:50
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I like Hoard's strategy on Canadian Nickels. Currently I sort out all US coin and repatriate them to WA State for halves then use the clad halfs to buy postage or eggs or whatever I need. That gives me a US dollar of value for US 95 cents or whatever the exchange rate is.
So long as the US$ stays unbelievably high against the Loonie I'll keep doing this. When the Loonie rises to it's actual value I may switch to CRH in Washington State, repatriating all the Canadian coins to Canada. The only problem is my copper percentages and Ni percentages will drop way off.
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"It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things." - Leonardo da Vinci
How to Invest in Copper Bars ~~~How to Invest in Copper Bullion at A Steep Discount~~~How to Invest in Physical Nickel~~~How to Follow Gresham's Law |
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dakota1955
Penny Hoarding Member
786 Posts |
Posted - 11/07/2009 : 16:06:51
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| Don't forget the 2009 nickels to save. |
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PreservingThePast
Penny Hoarding Member
USA
665 Posts |
Posted - 11/08/2009 : 10:30:53
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quote:
Originally posted by Dan
I have been hand sorting copper pennies for about a year and having a ball. My children are getting involved and ditching the TV for the great pre-'82 chase. I am just beginning to consider the nickel pursuit and need a better understanding on what to be looking for. Help me understand: Are we looking for "silver nickels", or Canadian? If so, what percentages can we expect? Basically, what can you tell me to get me appropriately involved in nickel sorting?
Dan...fantastic news that your children are becoming involved in such a fun and educational hobby!!! Good family time too. 
And, yes, Dakota1955 mentioned the 2009 nickels. It appears that almost all of the 2009 coins are extremely difficult to find in circulation at the moment so definitely look for these and save any/all of these that you come across.
Enjoy. |
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Dan
New Member
USA
18 Posts |
Posted - 11/10/2009 : 21:30:27
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| Thanks to all of you for the helpful remarks! Dan |
Wheatie |
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Help me understand nickle sorting?
