5 Cent Coin
Posted : admin On 3/17/2022A coin collector has revealed how to spot the coins in your pocket that could be worth big bucks – including this very special 5c piece....
A coin collector has revealed how to spot the coins in your pocket that could be worth big bucks – including this very special 5c piece.
The Shield 5-cent coin was designed and engraved by James B. Its copper-nickel metallic content is 75 percent copper and 25 percent nickel. The edge of the coin is plain and because all. Details, specifications, values and general information for the 1941 United States 'Jefferson Nickel' 5 Cents. Also find this coin and many others at the best prices. Coin Value Price Chart for Jefferson Nickels 5C. Lookup Coin values for Good, Very Good, Fine, Very Fine, Brilliant Uncirculated & Proof conditions and MS grade. How much Jefferson Nickels are worth.
Small change could mean big bucks. Picture: Jamie HansonSource:News Corp Australia
Brad Sanders became a coin collector after discovering a rare coin in his possession, and he’s shared some tips and tricks for others to also become rich.
The Adelaide man’s penchant for coin collecting began after he couldn’t find a 5c coin dating back to 1972.
He had $100 worth of 5c pieces that covered every year except 1972.
“I couldn’t believe it so I started doing my research and found out,” he told 7 News.
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This 5c piece from 1972 could fetch up to $200. Credit: 7 NewsSource:Channel 7
After doing some research, he discovered that very few coins had been minted in that year, making the coins that had been very valuable.
The Royal Australian Mint’s website reveals that in 1972 just 8.3 million coins were created. For comparison, 48.8 million were printed the following year.
Mr Sanders found a 5c coin from 1972 and it sold for a whopping $200 — more than all his other 5c coins combined.
He and his partner Cristy have now become avid coin collectors, buying, sorting, and selling thousands of coins every year.
As well as watching out for coins from 1972, Mr Sanders also said to look out for the 2013 $2 coin commemorating the 60th anniversary of Queen Elizabeth II’s coronation.
It could make you a nifty $50 profit.
Another special coin is the 2012 Remembrance Day $2 coin, which has in the past sold for $200.
He says it’s also worth checking for abnormalities such as stamping errors like double rims or upside down queens.
“If you have coins around check your change jars,” he said.
Earlier this year, a $1 coin made the news after it was listed on a coin collecting website for $4000, because of a minting mistake.
This $1 mule coin is up for sale for an exorbitant fee on a coin collecting site.Source:News Corp Australia
Other experts have spoken out, urging people to double check their golds and silvers.
Coin expert David Jobson told The Morning Show last month that all it takes is one mistake at the mint to make you “get lucky”.
Mr Jobson said the value of the coin depends on its quality – a really high quality coin could go for $4000 or $5000, while one that’s poor quality is only worth about $300 or $400.
He also recently sold a 20-cent coin with scalloped edges – caused by a printing mistake with a Hong Kong coin – valued at a staggering $20,000.
The Five-Cents Nickel is a very popular denomination among Americans, since time immemorial until today. Maybe it’s because, in the olden days, a lot of things or services were priced at a “nickel”. In fact, a lot of terms and expressions have been coined from this coin. Examples of these expressions are: “it’s your nickel…”, which is used in telephone conversations in the 1950s when calls from public phones cost five cents; “nickel and dime”, used as a verb that means charging someone in small but numerous amounts; “nickel-and-dime”, used as an adjective to describe cheap places or business establishments; and many others. This very common but very famous U.S. coin is maybe one of the easiest coins to collect hence, ideal for the novice coin collector. These coins are considered easy to collect because the latest design is still being minted today and some of the old varieties can still be found in today’s circulation. And there’s nothing more ecstatic than finding a treasure in pocket change! One just has to be a very keen observer and must know what to look for in a collectible coin. Although very common, there are Five-Cent Nickel coins that are very precious for numismatists and coin collectors and are worth a fortune.
1943 US 5 Cents Nickel – Obverse (Jefferson Nickel)
Us 5 Cent Coin Value
The use of nickel in coinage was introduced due to silver shortage during the American Civil War in 1861.
Nickel was chosen, together with copper, to produce a cheaper metal alloy for the coinage of the five-cent. Mintage of the Five-Cent Nickel series began shortly after the civil war in varying designs and is continued up to this day in its most modern design.
1943 US 5 Cents Nickel – Reverse (Jefferson Nickel)
5 Cent Coin Called
First of these designs is the Shield Nickel designed by James Longacre, which were minted from 1866 until 1883; second was the Liberty Head V Nickel designed by the Mint’s chief engraver Charles Barber, minted from 1883 until 1913; then there’s the Indian Head or the Buffalo Nickel coins designed by James Earle Fraser, from 1913 until 1938; and of course, the famous Jefferson Nickel coins designed by Donna Weaver for the obverse and Felix Schlag for the reverse, in two popular issues—Wartime and Collectible issues, from 1938 until 2003; and lastly, the Westward Journey Nickel series, in three modern designs—2004, 2005 and Forward-facing Jefferson designs—from 2004 until the present day. Of all these designs, the Jefferson series are the easiest to collect since they are still widely circulated today. Even the old designs of the 1940s and 1950s are sometimes found in circulation.