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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
 Posted - 04/13/2010 : 13:43:48
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With a nickel now worth 6 cents in metal, is anyone changing their sorting practice with nickels? ie keeping all of them.
Up until now, I have been just saving the pre-1960's and buffalos and war time nickels and then returning the others.
I am a little behind on my sorting so I have some boxes I haven't sorted yet.
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
Edited by - PennySaved on 04/13/2010 13:44:20 |
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coincrazy
New Member
USA
11 Posts |
Posted - 04/13/2010 : 13:50:24
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| I'm keeping them all but still sorting out pre 64 etc. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/13/2010 : 14:48:08
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| i do the ponce method. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 04/13/2010 : 15:48:03
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| I've always kept them all and separated pre-1960. I've never been a huge buyer($10 per week), however with the recent price increases, I might step my buying up a bit. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 04/13/2010 : 16:40:14
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| I get at least $200 per week, so I just do pre 64s yet. I would get to much tie up. Still also do a few hundred in pennies. |
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Nickelless
Administrator
USA
5580 Posts |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/13/2010 : 18:54:41
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Hey, I was hoarding nickels when hoarding nickels wasn't cool.  Err, they are cool now aren't they?  |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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Nickelless
Administrator
USA
5580 Posts |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/13/2010 : 19:17:25
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quote:
Originally posted by Nickelless
quote:
Originally posted by Ardent Listener
Hey, I was hoarding nickels when hoarding nickels wasn't cool. Err, they are cool now aren't they?
Jamie, you're cooler than a a thousand $100 bags of nickels in a semi stuck in a blizzard.
Don't remind me of that night!
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Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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Nickelless
Administrator
USA
5580 Posts |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/14/2010 : 01:40:58
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Yeah, when we saw those pics we thought Jamie was trying to move his hoard.
Didn't he dump a big portion of his hoard at one point?
I have some of those bags, but not enough nickels to fill them. I only save the pre-60's and I have a nice little pile of those so far.  |
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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TheSilverTiger
Penny Sorter Member
USA
25 Posts |
Posted - 04/14/2010 : 07:30:26
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quote:
Originally posted by Ardent Listener
Hey, I was hoarding nickels when hoarding nickels wasn't cool. Err, they are cool now aren't they?
I am right there with you big guy. I've been sorting (not hoarding until this year when I found this site!!!) nickels since I was a kid. I have just over 19,000 pre-60 nickels all wrapped and coded and documented. As a kid my friends just couldn't understand the draw they had for me. And now as an adult, my wife just thinks it is part of some weird OCD thing I must have. Our son just turned three and must have taken after me, because he just loves sorting with me and his "magniflying" glass. |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 04/14/2010 : 14:19:25
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I wasn't keeping them all in the past because I didn't want to tie up money.
Figured I could turn them back in and get more nickels to sort to look for the war nickels, buffalos, and pre-1960's and any proofs (haven't found any proofs this year) |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Shattered
Penny Hoarding Member
USA
523 Posts |
Posted - 04/14/2010 : 20:33:23
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| I haven't bought any boxes of nickels but I keep all I get in pocket change and have a nice pile starting. I always bother my friends and family if I see them paying with a nickel. |
"I need metal in my life, just like an eagle needs to fly."
-Joseph DeMaio : Die For Metal |
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Zyll
Penny Pincher Member
USA
214 Posts |
Posted - 04/15/2010 : 10:02:21
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I do have a question about saving these "pre-64" nickels... When I went through the stash of nickels I recently obtained, I was mostly sorting out ones with mintmarks on the reverse, and of course pulling any old looking ones. Most of these were 1964-D, and most others were badly worn (ie. limited numismatic value). Are the 1960-1964's worth saving, really? They seem to be fairly common.
Also, I found a proof, a 1976-S. It's definitely circulated, though. Is that worth saving? |
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Coppermonies
Penny Sorter Member
USA
26 Posts |
Posted - 04/16/2010 : 16:25:05
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| My sorting strategy with nickels is too always keep at least a $100 of junk nickels in my possesion at all times (you never know when the SHTF). I trade out nickel rolls I have sorted through with new CWRs weekly. Mainly looking for War Nickels, Buffs & pre 64s. |
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Change in sorting habit with nickel price up
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