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Dumpster Diver
Penny Collector Member
USA
474 Posts |
 Posted - 08/24/2009 : 22:39:38
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Hi All,
Found 62 NIFCs in a $500 box tonight (no Ag though  ). I'm finding more and more of these lately. When they were onesies/twosies I didn't mind setting them aside, but now I've got $80+ rolled up and its eating into my capital. To be honest, I really don't have much interest in them, but think I might be missing out later down the road...
Should I continue keeping these or set them free?
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"You're not really gonna throw that out...are you"? |
Edited by - Dumpster Diver on 08/24/2009 22:52:19 |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 08/24/2009 : 23:59:46
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| If your goal is to acquire silver, then either dump them at face or try to sell them and use the money to do more roll searching. I don't know what kind of profit is in these. It's not like they are super rare, but maybe you can make a little profit by selling them in date rolls? |
My hobby: collecting real money 1 copper cent or nickel at a time.
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 08/25/2009 : 06:05:05
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I agree with coinhunter, I personally do not hold onto NIFC's unless they are "s mints". I put together a shoddy 1971-2000 collection and then stopped because they were not really the money makers. Keeping them or letting them go it's up to you, but like most of us who work with a fixed amount of funds, the more you keep the less funds you have available to search the next time. I had a really tough time letting go of BU 1991's & 1986's, but after acquiring a couple rolls i decided it wasn't something i wanted to hold onto.
So many choices, just do what you like most. And if you change your mind about freeing them afterwards, as long as you keep looking through halves, it very likely you'll run into more of the same NIFC's again. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 08/25/2009 : 14:51:14
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quote:
Originally posted by Dumpster Diver
Hi All,
Found 62 NIFCs in a $500 box tonight (no Ag though ). I'm finding more and more of these lately. When they were onesies/twosies I didn't mind setting them aside, but now I've got $80+ rolled up and its eating into my capital. To be honest, I really don't have much interest in them, but think I might be missing out later down the road...
Should I continue keeping these or set them free?
PM sent |
There's profit if you melt things!!
8{> |
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fb101
Administrator
USA
2856 Posts |
Posted - 08/25/2009 : 16:51:57
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| set them free. Do they look rare to you? |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 08/25/2009 : 18:30:27
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I was saving them at first, then I thought, how rare can they be if I keep finding them so easily. Now I dump them.
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Dumpster Diver
Penny Collector Member
USA
474 Posts |
Posted - 08/25/2009 : 20:04:13
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| Yeah I think Job has a good point...these will be easily available for a long time to come. I routinely find AU halves from the seventies...If anyone needs to fill some Dansco holes, PM me. |
"You're not really gonna throw that out...are you"? |
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coinwolf
Penny Collector Member
USA
277 Posts |
Posted - 08/25/2009 : 20:06:10
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| Simple dump them! I don't see much profit in them any time soon! I say this because I wonder how many NIFC have still not made it into circulation? |
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cyberdan
Penny Collector Member
USA
289 Posts |
Posted - 08/26/2009 : 18:48:53
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quote:
Should I continue keeping these or set them free?
Set them free. I had saved up about $60 worth in BU, proof and gold plated JFK. I buy a lot a garage sales and started spending them there. I like to see their eyes when I pull out a couple to pay for a dollar item. Most have never seen halves, let alone proofs or gold plated. |
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rainsonme
Penny Pincher Member
USA
183 Posts |
Posted - 08/26/2009 : 22:54:34
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| Forgive this stupid question; I am sure I already know the answer, but .... Is there any reasonable way to extract the gold off the gold-gilded half's? I understand that there is very little gold on them, but perhaps as much as one might find panning? And the hard nickle surface should make it a little easier to remove ---- |
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 08/26/2009 : 23:00:16
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| I think that they are worth holding on to unless the government gets rid of all that they hold on to that they did not pass on to collectors |
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cyberdan
Penny Collector Member
USA
289 Posts |
Posted - 08/27/2009 : 14:06:30
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quote:
. Is there any reasonable way to extract the gold off the gold-gilded half's?
You can do a reverse plating. easy to find info on google.
But, you would have to find an awful lot of those halves to amount to anything. In my whole life coin hunting I have only found about 8 plated halves.
my new thing to look for at garage sales (I hit 20-25 every saturday) is gold filled items, especially eyeglass frames and jewelry.
If something says 1/20 gold filled (or GF) & 12K figure out what it would be worth if just plain 12K then divide by 20. Last week I found a bracelet and paid a quarter, did the math and got $10 in gold. |
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barrytrot
Administrator
USA
721 Posts |
Posted - 08/27/2009 : 19:24:54
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| Sorry, what is a NIFC? |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 08/27/2009 : 19:33:29
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quote:
Originally posted by barrytrot
Sorry, what is a NIFC?
A half dollar that is "Not Intended for Circulation". Circulation strikes produced by the mint at a small premium for collectors in rolls and bags from 2002 to date. These were made with low mintages about 2 million coins per year. 1987 coins are considered NIFCs too, as they were only minted as part of the 1987 mint set and are occasionally set free in the wild.
The last real half dollar circulation strike was in 2001. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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jtm3
Penny Pincher Member
USA
187 Posts |
Posted - 08/29/2009 : 19:18:56
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Why throw them back?
If you could sell them for more the aren't really eating any capital.
They are producers! |
Copper Cent Hoarding Wiki
coppercenthoarding.wikia.com
+637 posts |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 08/30/2009 : 02:24:54
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| Sure sounds like there is no or small market for the NIFC. What do dealers charge for these coins? |
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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jtm3
Penny Pincher Member
USA
187 Posts |
Posted - 08/30/2009 : 10:58:20
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1.25-1.50 retail
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Copper Cent Hoarding Wiki
coppercenthoarding.wikia.com
+637 posts |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 11/29/2009 : 15:36:48
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But dealers are selling ones from BU rolls. Yours are circulated.
There is a market for Uncirculated rolls if you ever happen to find them.
I found 5 rolls of 1996 D Fed Wrapped original rolls. These may get a small premium. I do hate just turning them loose.
If they were NIFC then they could get $20-30 a roll on ebay..... for BU rolls. |
"May your percentages ever increase!" |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 11/29/2009 : 17:14:04
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you can buy these for about 75 cents a coin on ebay.
that generally is BU, not circulated.
so consider that a realistic ceiling on your price. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 11/29/2009 : 18:26:09
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And be sure to deduct what you would pay in eBay and PayPal fees.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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novillero
Penny Sorter Member
USA
86 Posts |
Posted - 11/29/2009 : 19:21:10
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| I collect JFKs, but once these NIFC hit the streets they are no longer of interest to me numismatically. Perhaps others... but they are worth $.50 to me (unless silver NIFC). |
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NIFCs Eating My Capital..Help
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