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RyanAKL
Penny Pincher Member
 
USA
224 Posts |
Posted - 02/28/2009 : 15:07:25
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my sister is a teller at a bank and the other day some lady came in and exchanged 3 rolls of silver nickels and 3 rolls of wheat pennys for cash. she said she will send them to me, how much are they worth and what should i look for.
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Edited by - RyanAKL on 02/28/2009 15:15:36 |
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Computer Jones
1000+ Penny Miser Member
    

USA
1112 Posts |
Posted - 02/28/2009 : 15:39:19
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quote: Originally posted by RyanAKL
my sister is a teller at a bank and the other day some lady came in and exchanged 3 rolls of silver nickels and 3 rolls of wheat pennys for cash. she said she will send them to me, how much are they worth and what should i look for.
Look for a big mint mark on the back of the Nickles (over the dome), those have Ag in them. Look for something other than the Lincoln Memorial on the back of the pennies, those are "Wheats", unless they have a picture of British Royalty on the front side. They are most probably worth more than what value is imprinted on the coin. How much more depends on a few different things... |
There's profit if you melt things!! 8{> |
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ScottyTX
Penny Hoarding Member
   

USA
508 Posts |
Posted - 02/28/2009 : 15:47:53
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Ummm, I would say that three rolls of silver nickles would run from 90-100 dollars right now. The wheats if all common would be a little over 2.00.
Scotty |
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CoinHunter53562
1000+ Penny Miser Member
    

USA
1805 Posts |
Posted - 02/28/2009 : 16:00:45
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Silver nickels dont really have any key dates, but there are varieties like the 1943/2-P, 1943-P doubled eye, and 1945-P doubled die reverse. For the wheats, I would get a price guide or Red Book to see what the values are. There are too many to cover in that series. If you want a good source for varities of all Lincoln Cents, try this site:
You must be logged in to see this link. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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RyanAKL
Penny Pincher Member
 
USA
224 Posts |
Posted - 02/28/2009 : 18:59:38
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| okay thanks for the info ill check it out. also what is the percentage of silver in the nickels, 90? |
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 02/28/2009 : 19:10:56
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| there .056 ounces of silver per silver nickle. They are 35% silver. However because of the lower percantage they usually sell for a discount to their actual value |
Copper Penny Investing www.portlandmint.com |
Edited by - highroller4321 on 02/28/2009 19:11:13 |
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