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Just purchased the AU-58 Shield Nickel shown here. Was looking for one the other day and couldnt find a decent example at a decent price from my usual sources. Thank you! See, it wasnt so hard to find a buyer. 😂
@@kurtislistle1232 its because they are made of silver which gives them a value regardless of current demand as at a minimum there is a melt value as well ascribed to them rather than mintage and rarity paired with most important of all demand.
It's most certainly not completely based on demand. If there were fewer Morgans available and demand stayed the same, then even common dates would fetch much higher prices.
Personally, I’m not a fan of nickels, any of them. The medal looks and feels like lead, too soft. You are a true professional. How on earth do you see die damage? I would never notice and just love the coin for what it is. The knowledge you possess and share keeps this hobby humbling. I continue to learn from you with every post.
The rarest coin I ever owned was the 1872 Trime (mintage 1000). Broke my heart when I had to sell it. Cool video. With all of the Jefferson and Buffalo nickels I have yet to get, I've resisted the temptation to move into the Liberty Head and Shield nickels. With so many cool coin series, its really hard to stay focused.
@@bryantsherman7263 I have an 1800 cent, PO1/PO2, nothing special... But it means a lot to me. Maybe I will be able to afford to upgrade it at some point. I would love to have a personal display case with a 1800 dollar¢, a 1900 dollar¢, and a 2000 dollar¢... Dollars on top, cents under. A 6 coin dream of mine. Its the 1800 coins holding me up. lol
Yeah, I agree! I think the Shield Nickel series rocks, and all the difficulty in striking them adds to the interest and unique qualities of each survivor. I keep thinking there will come a day when the rarity of this series will cause them to increase in value.
Great coins. As a type collector, I love seeing rare items with low demand. I also like the V nickel proofs. I have Morgans and other common stuff, but these rare and older type coins are special.
The nickel alloy was new to the mint it varied in hardness. This caused die deterioration and cracking, significantly shortening die life. Some estimates for the time are 20 to 30 thousand coins per die pair. The design also seems to have been responsible for cracking in certain areas.
I used to rue the times I opened up my old Wayte Raymond binder and see a PCGS cracked out PF65 1883 Shield Nickel because it has started toning (very interesting and attractive, IMO) but still keep weighing whether it was the right thing to do. Preservation of history happens in grading, it does in albums too, but I worry it will tone too much over time. Curious what you think, Daniel.
Eventually these rare conis will be discovered by newer collectors and will drive the price up. I dont forsee the price ever going down. 5500 is a very small amount! Thanks for sharing!
Thank you Daniel, great topic! It would be great to have both the with cents, and without cents proof. I wish we would see a year that the mint brings back denticles on our coinage, maybe as another great coin hunt. I have a proof 1904 cent, nickel and quarter (670 minted) in my Meet Me In St. Louis collection.
Just because they are rare does not necessary mean they will be valuable. There are collectors of shield nickels is just you have to find a way to tap them.
Right now my brain is in stacking mode. The numismatic side is on the back burner because of the economic situation. When I watched this video 2 hours ago, I said to myself I said self you should buy that proof nickel, that is a fair price for such a rare coin. Then my stacking side said I can buy some gold or silver for the same amount of money. Vicious cycle I have gotten into.
Although shield nickels are not very popular, they are still a very important coin for any collection! probably not very many people know of they're existence. Now here's something that I bet a lot of collectors don't know.. The shield nickel is actually slightly smaller than all of the other types of the nickel series. Even the Red Book will have this listed in the Bio specifications under diameter. Then compare with all the other design specifications. You can also compare it to any other type by placing them together! Yes, Shield nickels are very collectable and interesting!
I was in Coin Show in San Jose Ca, a lot of stackers had beautiful graded coins & some were graded by PCGS 70 & NGC. But the coin dealers were not paying their asking price our even come closed. This stackers were furious & upset that this Coin leaders were low balling them, they were saying basically given it away at half price. And then the coin dealer will probably sale it with premium. That’s why I stay away from graded coins that’s me personally, rather purchased Raw or Pre-33 Gold & Mexico Gold Pesos at low premiums & even at spot price. Pick up beautiful clean Raw $10 Gold Liberty Head Mint S for spot price & Twenty Mexico Gold Pesos.🥇🎖🥇
when the metal price outshines it's numismatic value ya it's hard to pass on numismatic coins when there's very little difference between melt and historical value
I'm primarily a stacker and I refuse to pay brand new MS70 pricing on bullion coins. The coin dealers are not necessarily low-balling, it is not the dealer's fault grading companies and retailers hype those coins up far higher than the open market is willing to support.
I think the history behind them is even more interesting. The half dime was silver before the civil war. Then after the civil war due to people hoarding coinage with precious metals and inflation from the war they came out with the shield nickel in 1866 marking the first debasement of our young countries currency.
I have one that is even rarer, and has even less demand! 2019 W American Legion $5 MS, 2,970 minted, making it the lowest mintage of any modern commemorative. Yet there is no price premium for this issue. In a rational world, this would be marked not just key or semi-key but downright rare. Yet they are plentiful and cheap on the auction sites.
Very nice nickels! I wasn't aware there were any with such a limited mintage. It seems the rarity of a coin doesn't always equate to a high value. I have several graded Haitian 250 Gourdes coins with a mintage of just over 100. Except for a few more recent sales, they don't seem to have had market prices very much higher than their melt value.
I had an 1894 gold $2.50 in a NGC 62, same thing. Bought it for generic MS62 money despite a 4,000 mintage because nobody gives a shit. Mintages are only a small part of the equation!
I bought a shield nickel, in a flip years ago and thought it was a steal for the price and its condition. Forget date but not a key or anything but, it looks like a coin that could easily holder. Looks about uncirculated idk. ;-)
My 1883 shield is MS63, but the AU58 is nice too. Would love the proof but I have other coins I'm saving for, such as the 1883/2 Shield and the Spanish Trail and Hawaii Commem...
I'm working on an 1868 proof set. All coins have a mintage of just 600. Hopefully someday people will catch on that these are far rarer than the 1895 Morgan!
@@LibertyNickelCollector two things. First, it's my great-grandfather's birth year. Second, it's a 10-coin set so has a lot of challenge to it. If I just wanted proof by type, there's enough dates out there that I could find one of each at a coin show, but narrowing to one date helps me spread out the cost.
the 1883 mint state nickel is scarce in ms 65 and higher. this ms 58 is common and for a few dollars more you can purchase a mint state. it is easily available. you keep harping about mintage when demand and survivability are more important. the proof is not rare.
Thanks 👍 I'm glad someone cares for those who have served. 🇺🇲☮️🕊️✌️ Peace and Love from A Proud Viet Nam Era Veteran 🇺🇲🪖 age 72 homeless and living on the streets of Beautiful Sunny Southern California.
The three cent nickel is worse. I bought a proof-only 1878 for under $800. I also have an 1868 (estimated mintage of 600) for just $250, albeit impaired
I have an 1883 PR66CAM Shield nickel that I bought for $700 about five years ago. It's a lovely coin that I always wanted, but I wouldn't buy it today, though it's a scarce coin. The demand is just not there and there are better long-term investments. I'm considering selling it, though I know I will take a small loss after adjusting for inflation.
Put these coins up for sale for $1, guarantee you will have thousands of people trying to buy them within seconds. Saying nobody wants them just doesn't make sense. Instead it's just that very few people are interested in paying the price that guides currently say these are valued at.
You need to read closer, I said "Seems no one wants them." I've had them listed for a couple months, but since I did the video they sold. So now someone wants them. I am creating my own market by doing this.
The ones you had no longer exist. Dang 1 day late. Fantastic coin video. Now that is a coin worth having. I like these seemingly odd balls. Thank you Dan
Shield nickels in EF or higher grade are beautiful. Always looking to upgrade my collection when ever possible. Finding problem free Shield nickels is a challenge, at least here in Southern California and few problem free coins show up at coin shows.
And issue you have is bringing up pcgs price guide, the coins aren't trading anywhere near pcgs price guide. So if they are actually trading ~20% back of that price, no one will want to buy them at that
I used to have a proof 1883 shield nickel. It was a proof 65 and i sold it for gold in 2020 right before covid. Wish i still had it today. But i probably made more now by keeping the gold.
numismatics are a dying hobby why? because no one cares about history anymore and tat is essentially what numismatics is the collecting and studying of history through coins., o by the way not saying it will always be like this but it will probably not be in our lifetimes when numismatics are rekindled as an interest I have a few numismatic coins but that's because I've always liked numismatics not because I think it's a smart investment or anything like that it's just an interest. Anyways the proof 1883 is nice. you know they will likely be on fire when cash ceases to exist.
I have the most rare coin and have had coin dealers look at mine. The 1943 Copper/Bronze penny and they are afraid to do anything about it cause of the insurance of it!!! So now what do I do???
I Have Two Rare Coins That No One Seems To Want
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How much you looking for??
@@gpscoindondelasmonedascuen6318
the AU is 160 the PR66 is 875
Just purchased the AU-58 Shield Nickel shown here. Was looking for one the other day and couldnt find a decent example at a decent price from my usual sources. Thank you! See, it wasnt so hard to find a buyer. 😂
Great pick up ! We all know Daniel is a straight shooter, he did right by you.
No wonder I couldn't find it ! 😂 Congratulations on a great pickup !
People seem to misunderstand what gives something (ANYTHING) value. It has nothing to do with rarity or age. It is completely based on DEMAND.
Rarity and low population does mean a lot to Morgan's and peace dollars and few other type coins. My opinion
@@kurtislistle1232 its because they are made of silver which gives them a value regardless of current demand as at a minimum there is a melt value as well ascribed to them rather than mintage and rarity paired with most important of all demand.
SUPPLY AND DEMAND it’s that simple supply for sure matters bud
It's most certainly not completely based on demand. If there were fewer Morgans available and demand stayed the same, then even common dates would fetch much higher prices.
Fun info on the denticles. Shield nickel with rays on the reverse is one of my favorite designs.
Personally, I’m not a fan of nickels, any of them. The medal looks and feels like lead, too soft. You are a true professional. How on earth do you see die damage? I would never notice and just love the coin for what it is. The knowledge you possess and share keeps this hobby humbling. I continue to learn from you with every post.
The rarest coin I ever owned was the 1872 Trime (mintage 1000). Broke my heart when I had to sell it. Cool video. With all of the Jefferson and Buffalo nickels I have yet to get, I've resisted the temptation to move into the Liberty Head and Shield nickels. With so many cool coin series, its really hard to stay focused.
I owned and sold a 1793 Chain cent graded AG-G. It kills me to see the price of these coins now, even a PR-1.
@@bryantsherman7263 I have an 1800 cent, PO1/PO2, nothing special... But it means a lot to me. Maybe I will be able to afford to upgrade it at some point. I would love to have a personal display case with a 1800 dollar¢, a 1900 dollar¢, and a 2000 dollar¢... Dollars on top, cents under. A 6 coin dream of mine. Its the 1800 coins holding me up. lol
Shield nickels are one of my favorite coins! It's such a unique design.
Yeah, I agree! I think the Shield Nickel series rocks, and all the difficulty in striking them adds to the interest and unique qualities of each survivor. I keep thinking there will come a day when the rarity of this series will cause them to increase in value.
Great coins. As a type collector, I love seeing rare items with low demand. I also like the V nickel proofs. I have Morgans and other common stuff, but these rare and older type coins are special.
Thank you for the insight Daniel. Love the old stuff.
The nickel alloy was new to the mint it varied in hardness. This caused die deterioration and cracking, significantly shortening die life. Some estimates for the time are 20 to 30 thousand coins per die pair. The design also seems to have been responsible for cracking in certain areas.
I used to rue the times I opened up my old Wayte Raymond binder and see a PCGS cracked out PF65 1883 Shield Nickel because it has started toning (very interesting and attractive, IMO) but still keep weighing whether it was the right thing to do. Preservation of history happens in grading, it does in albums too, but I worry it will tone too much over time. Curious what you think, Daniel.
Nice coins Daniel !! You know Im tucking away in the corner of my brain all you say about coins, no one serms to want..so I can pick them up.
Eventually these rare conis will be discovered by newer collectors and will drive the price up. I dont forsee the price ever going down. 5500 is a very small amount! Thanks for sharing!
Thank you Daniel, great topic! It would be great to have both the with cents, and without cents proof. I wish we would see a year that the mint brings back denticles on our coinage, maybe as another great coin hunt. I have a proof 1904 cent, nickel and quarter (670 minted) in my Meet Me In St. Louis collection.
Just because they are rare does not necessary mean they will be valuable. There are collectors of shield nickels is just you have to find a way to tap them.
Great video Daniel. I'm going to take a closer look at the one I have. Thank you.
It's all about demand, otherwise it's just a bit of metal.
I have a gorgeous 1883 shield nickel that is uncirculated. I need to have it graded though. It’s a real beauty.
After watching your video presentation, I’m beginning to realize just how important it is that I go ahead and have that shield nickel of mine, graded
Those are two beautiful coins! It is a shame that not many people collect them.
@@thevendordude I collect them, and one of the two is already on its way to me in Florida.
Right now my brain is in stacking mode. The numismatic side is on the back burner because of the economic situation. When I watched this video 2 hours ago, I said to myself I said self you should buy that proof nickel, that is a fair price for such a rare coin. Then my stacking side said I can buy some gold or silver for the same amount of money. Vicious cycle I have gotten into.
Although shield nickels are not very popular, they are still a very important coin for any collection! probably not very many
people know of they're existence.
Now here's something that I bet a lot of collectors don't know..
The shield nickel is actually slightly smaller than all of the other types of the nickel series.
Even the Red Book will have this listed in the Bio specifications under diameter.
Then compare with all the other design specifications.
You can also compare it to any other type by placing them together!
Yes, Shield nickels are very collectable and interesting!
I was in Coin Show in San Jose Ca, a lot of stackers had beautiful graded coins & some were graded by PCGS 70 & NGC. But the coin dealers were not paying their asking price our even come closed. This stackers were furious & upset that this Coin leaders were low balling them, they were saying basically given it away at half price. And then the coin dealer will probably sale it with premium. That’s why I stay away from graded coins that’s me personally, rather purchased Raw or Pre-33 Gold & Mexico Gold Pesos at low premiums & even at spot price. Pick up beautiful clean Raw $10 Gold Liberty Head Mint S for spot price & Twenty Mexico Gold Pesos.🥇🎖🥇
when the metal price outshines it's numismatic value ya it's hard to pass on numismatic coins when there's very little difference between melt and historical value
I'm primarily a stacker and I refuse to pay brand new MS70 pricing on bullion coins. The coin dealers are not necessarily low-balling, it is not the dealer's fault grading companies and retailers hype those coins up far higher than the open market is willing to support.
@@ah5836 I agree with you 💯, that’s why personally I stay away from anything that is graded.
I think the history behind them is even more interesting. The half dime was silver before the civil war. Then after the civil war due to people hoarding coinage with precious metals and inflation from the war they came out with the shield nickel in 1866 marking the first debasement of our young countries currency.
The two cent piece and the shield nickel are great type coins. Happy hunting for these great coins.
I like the designs on those two coins.
I have one that is even rarer, and has even less demand! 2019 W American Legion $5 MS, 2,970 minted, making it the lowest mintage of any modern commemorative. Yet there is no price premium for this issue. In a rational world, this would be marked not just key or semi-key but downright rare. Yet they are plentiful and cheap on the auction sites.
When sent for grading did you send it as rarity or regular submission? I am guessing regular as value expectations in that range.
What type of magnifier do you use to put on your channel? It gives very a very clear view and I'd love to find similar. Recommendations? Tks.
Daniel has a video on that. ☺
Very nice nickels! I wasn't aware there were any with such a limited mintage. It seems the rarity of a coin doesn't always equate to a high value. I have several graded Haitian 250 Gourdes coins with a mintage of just over 100. Except for a few more recent sales, they don't seem to have had market prices very much higher than their melt value.
That is very cool. I am sure it's just matter of a few decades before it catches on and they will explode in value.
Nickels are the Rodney Dangerfield of coin collecting. They get no respect, unless Black Diamond is on the reverse.
I had an 1894 gold $2.50 in a NGC 62, same thing. Bought it for generic MS62 money despite a 4,000 mintage because nobody gives a shit. Mintages are only a small part of the equation!
I have a couple shield nickels but they look not like that. Beautiful!
I like Shield nickels in the better grades. Very attractive coins.
yo man tilt your scope backward tilt a lil and them white circles will disapear from the lights
thank you 🐱
Thank you!
Nice price for those nothing like those older proof coins the way that they look
I bought a shield nickel, in a flip years ago and thought it was a steal for the price and its condition. Forget date but not a key or anything but, it looks like a coin that could easily holder. Looks about uncirculated idk. ;-)
yeah, i had a rare shotgun, a bolt action, great condition, but it was cheap because not many like or want a bolt action shotgun. nice coins
Simple supply & demand case.
Beautiful coin, sucks they don't have much demand.
Beautiful coins. I would buy those all day long, if I had a few thousand lying around
I call them orphan coins ! There nice but nobody wants them but one day they will find a good home !
My 1883 shield is MS63, but the AU58 is nice too. Would love the proof but I have other coins I'm saving for, such as the 1883/2 Shield and the Spanish Trail and Hawaii Commem...
Gerry Forntin has the 1883/2 in MS-63 PCGS CAC for sale now on his site
Lots of detail for a lowly nickel!!😮
I'm working on an 1868 proof set. All coins have a mintage of just 600. Hopefully someday people will catch on that these are far rarer than the 1895 Morgan!
Very cool theme! what was your reason for picking that year?
@@LibertyNickelCollector two things. First, it's my great-grandfather's birth year. Second, it's a 10-coin set so has a lot of challenge to it. If I just wanted proof by type, there's enough dates out there that I could find one of each at a coin show, but narrowing to one date helps me spread out the cost.
I picked up the three-cent nickel for $250 last month. It's a slightly circulated proof (PR55)
I recently sold my Pittman pedigree 10¢ seated liberty from 1868 ; a beautiful coin
Cool pieces. Thx Daniel
Never heard of a shield Nickle, Daniel. How could a million plus, just disappear.
the 1883 mint state nickel is scarce in ms 65 and higher. this ms 58 is common and for a few dollars more you can purchase a mint state. it is easily available. you keep harping about mintage when demand and survivability are more important. the proof is not rare.
To those who've served.
Happy Veterans Day 🇺🇸🦅
Thanks 👍 I'm glad someone cares for those who have served. 🇺🇲☮️🕊️✌️ Peace and Love from A Proud Viet Nam Era Veteran 🇺🇲🪖 age 72 homeless and living on the streets of Beautiful Sunny Southern California.
Very nice sir. Great job sir!
The proof is much sharper for sure.
I think the proof shield nickels 6:17 especially ones in cameo are absolutely stunning to behold.
The three cent nickel is worse. I bought a proof-only 1878 for under $800. I also have an 1868 (estimated mintage of 600) for just $250, albeit impaired
The Proof half dime is the same way. The price doesn't move due to no demand.
Are Rhodesian, Swiss , Swedish and French coins worth anything?
I have an 1883 PR66CAM Shield nickel that I bought for $700 about five years ago. It's a lovely coin that I always wanted, but I wouldn't buy it today, though it's a scarce coin. The demand is just not there and there are better long-term investments.
I'm considering selling it, though I know I will take a small loss after adjusting for inflation.
Why sell?
Put these coins up for sale for $1, guarantee you will have thousands of people trying to buy them within seconds. Saying nobody wants them just doesn't make sense. Instead it's just that very few people are interested in paying the price that guides currently say these are valued at.
You need to read closer, I said "Seems no one wants them." I've had them listed for a couple months, but since I did the video they sold. So now someone wants them. I am creating my own market by doing this.
Proof versions of the late 19th Century U.S. coinage are real sleepers... about the only U.S. coins of low mintage that aren't insanely priced.
The Ike commem 1990 silver unc dollar around 250k mmintage non proof still 30$ mobody wants em beautiful coin
Damn, I don't have any of those, thanks
Proof is the one I like❤ . Nice coin
Really nice coins id buy those nickles if i had the money but i collect coins for their history not to make money
How much? I think their beautiful
They sold but our coins are at www.portsmouthcoinsho.com
The ones you had no longer exist. Dang 1 day late. Fantastic coin video. Now that is a coin worth having. I like these seemingly odd balls. Thank you Dan
These 5 cent pieces are gorgeous. Thanks for sharing!
How the hell could a puny nickel be worth more than a Morgan from the same time!!!😱
I know a lot of Morgan Dollars worth much less than this coin. So I don’t understand your comment.
@@CoinHELPu I meant ANY Morgan from that time period.
@@leechjim8023 but there's plenty of Morgans that a nickel is worth more than.
✳️ beautiful nickels
I am o e of a kind, but nobody wants to pay top dollar for me either. I don't get it
Yup, don't want them!
Great points, Daniel. So many type coin bargains exist today.
Your not a real collector unless you have shield nickels, large cents, and capped bust coins in your collection.
I don't agree, but a collector is missing out if they don't have them.
Be patient Daniel I think you might get some offers now... L&L2U always...
They already sold.
@@CoinHELPu I was funning you...💙 L&L2U
Shield nickels in EF or higher grade are beautiful. Always looking to upgrade my collection when ever possible. Finding problem free Shield nickels is a challenge, at least here in Southern California and few problem free coins show up at coin shows.
1883 proof 66 how much.
It sold
@CoinHELPu you're wright people just don't know how rare some coins are.
And issue you have is bringing up pcgs price guide, the coins aren't trading anywhere near pcgs price guide. So if they are actually trading ~20% back of that price, no one will want to buy them at that
maybe no one can aford it?
Not much for shield nickels because they are not silver.
I used to have a proof 1883 shield nickel. It was a proof 65 and i sold it for gold in 2020 right before covid. Wish i still had it today. But i probably made more now by keeping the gold.
Thanks.Very handsome nickles.
Calling it one of the rarest coins in the world is maybe a little too much . Calling it one of the rarest american coin sounds bettern
They're in the top 10%, so no, it's not too much, it's math.
The 5 with stars around it, falls far short of lady liberty doing "anything". Then, i'll check the price of that proof.....
Very nice Shield nickels. Just not as popular as Buffalo nickels, Walkers, or Morgans
I do like the coins but the price is way out of my range 😢
I want it,at least one of them!!!!😅😅
Happy Veterans Day Daniel
I'll take them
Oh lord thete Hollywood distracting for the democrat government
You don't make sense here.
How much do you want
numismatics are a dying hobby why? because no one cares about history anymore and tat is essentially what numismatics is the collecting and studying of history through coins., o by the way not saying it will always be like this but it will probably not be in our lifetimes when numismatics are rekindled as an interest I have a few numismatic coins but that's because I've always liked numismatics not because I think it's a smart investment or anything like that it's just an interest. Anyways the proof 1883 is nice. you know they will likely be on fire when cash ceases to exist.
The hobby is far from dying, I've been in this all my life in some from or another and it continues to grow.
@@CoinHELPu I guess no worries then
Daniel everyone wants to sell not buy
That's not true, our sells haven't declined, did you forget I sell coins for a living?
@@CoinHELPu I'm not a betting man but if I were, I'd put money on your business getting much better over the next 4 years 😁
I buy all the time, though I can't buy as much as I did four years ago.
I have the most rare coin and have had coin dealers look at mine. The 1943 Copper/Bronze penny and they are afraid to do anything about it cause of the insurance of it!!! So now what do I do???
My business got better over the last four years, my success doesn't hinge on who's in office or not.